FSLR - First Solar Inc Stock Price, Fair Value and News

181.71USD+1.61 (+0.89%)Delayed as of 24 Apr 2024, 10:03 am ET

Market Summary

USD181.71+1.61

Delayedas of 24 Apr 2024, 10:03 am

0.89%

FSLR Alerts

2 major insider sales recently.

FSLR Stock Price

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FSLR RSI Chart

FSLR Valuation

Market Cap

19.2B

Price/Earnings (Trailing)

23.16

Price/Sales (Trailing)

5.8

EV/EBITDA

14.65

Price/Free Cashflow

-24.53

FSLR Price/Sales (Trailing)

FSLR Profitability

EBT Margin

26.86%

Return on Equity

12.42%

Return on Assets

8.02%

Free Cashflow Yield

-4.08%

FSLR Fundamentals

FSLR Revenue

Revenue (TTM)

3.3B

Rev. Growth (Yr)

15.58%

Rev. Growth (Qtr)

44.62%

FSLR Earnings

Earnings (TTM)

830.8M

Earnings Growth (Yr)

4.7K%

Earnings Growth (Qtr)

30.12%

Breaking Down FSLR Revenue

52 Week Range

143.56232.00

(Low)(High)

Last 7 days

4.1%

Last 30 days

17.5%

Last 90 days

21.0%

Trailing 12 Months

-14.2%

How does FSLR drawdown profile look like?

FSLR Financial Health

Current Ratio

3.55

Debt/Equity

0.07

Debt/Cashflow

1.3

FSLR Investor Care

Shares Dilution (1Y)

0.22%

Diluted EPS (TTM)

7.74

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	2.8B	3.0B	3.2B	3.3B
2022	2.5B	2.5B	2.5B	2.6B
2021	3.0B	3.0B	2.6B	2.9B
2020	3.1B	3.1B	3.5B	2.7B
2019	2.2B	2.5B	2.4B	3.1B
2018	2.6B	2.3B	1.9B	2.2B
2017	2.9B	2.5B	2.9B	2.9B
2016	4.5B	4.6B	4.0B	2.9B
2015	2.9B	3.3B	3.6B	4.1B
2014	3.5B	3.5B	3.2B	3.4B
2013	3.6B	3.2B	3.6B	3.3B
2012	2.7B	3.1B	3.0B	3.4B
2011	2.6B	2.5B	2.7B	2.8B
2010	2.2B	2.3B	2.6B	2.6B
2009	1.5B	1.7B	1.9B	2.1B
2008	0	751.4M	998.9M	1.2B
2007	0	0	0	504.0M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of First Solar Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 04, 2024	antoun georges	sold	-422,400	176	-2,400	chief commercial officer
Apr 04, 2024	gloeckler markus	sold	-338,975	175	-1,937	chief technology officer
Apr 01, 2024	antoun georges	sold	-407,328	169	-2,400	chief commercial officer
Mar 29, 2024	ahearn michael j	acquired	-	-	378	-
Mar 29, 2024	george anita m.	sold (taxes)	-13,504	168	-80.00	-
Mar 29, 2024	sweeney michael t	acquired	-	-	267	-
Mar 29, 2024	wright norman l.	acquired	-	-	267	-
Mar 29, 2024	george anita m.	acquired	-	-	267	-
Mar 29, 2024	kro lisa a	acquired	-	-	267	-
Mar 29, 2024	joseph molly	acquired	-	-	267	-

Which funds bought or sold FSLR recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	Byrne Asset Management LLC	added	60.00	34,174	94,528	0.06%
Apr 22, 2024	PFG Investments, LLC	added	159	777,748	1,283,220	0.08%
Apr 22, 2024	IFM Investors Pty Ltd	added	4.07	68,667	3,560,670	0.04%
Apr 22, 2024	Hanson & Doremus Investment Management	reduced	-0.47	-51,000	2,001,000	0.34%
Apr 22, 2024	Oakworth Capital, Inc.	unchanged	-	-623	30,215	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	reduced	-29.48	-826,632	1,848,360	-%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-1.85	198,293	4,466,530	0.03%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	7.17	119,997	2,519,340	-%
Apr 19, 2024	Maryland State Retirement & Pension System	unchanged	-	9,911	1,409,510	0.03%
Apr 19, 2024	Red Tortoise LLC	unchanged	-	-41.00	2,026	-%

Are Funds Buying or Selling FSLR?

Are funds buying FSLR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FSLR

No. of Funds

FSLR Alerts

2 major insider sales recently.

Unveiling First Solar Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.37%	12,151,757	SC 13G/A
Jan 26, 2024	ebrahimi farhad fred	5.10%	5,451,425	SC 13D
Jan 23, 2024	blackrock inc.	11.8%	12,566,291	SC 13G/A
Feb 06, 2023	wellington management group llp	3.76%	4,004,643	SC 13G/A
Jan 30, 2023	blackrock inc.	12.5%	13,347,707	SC 13G/A
Jan 10, 2023	vanguard group inc	10.85%	11,570,363	SC 13G/A
Sep 15, 2022	ebrahimi farhad fred	4.70%	5,007,198	SC 13D/A
Jun 28, 2022	ebrahimi farhad fred	5.32%	5,667,271	SC 13D/A
Feb 04, 2022	wellington management group llp	7.68%	8,164,162	SC 13G/A
Jan 28, 2022	blackrock inc.	12.8%	13,598,161	SC 13G/A

Recent SEC filings of First Solar Inc

View All Filings

Date Filed	Form Type	Document
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 04, 2024	144	Notice of Insider Sale Intent
Apr 04, 2024	144	Notice of Insider Sale Intent
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading

Peers (Alternatives to First Solar Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
FSLR	19.2B	3.3B	17.47%	-14.20%	23.16	5.8	26.70%	1981.03%
ENPH	14.5B	1.8B	-1.05%	-49.51%	52.47	7.92	-30.11%	-43.96%
MID-CAP
SEDG	3.2B	3.0B	-12.44%	-82.21%	94.27	1.09	-4.30%	-63.39%
RUN	2.3B	2.3B	-9.43%	-52.80%	-1.41	1	-2.65%	-1025.44%
SMALL-CAP
BEEM	95.3B	67.4M	-1.35%	-34.46%	-5.9K	1.4K	86.60%	18.40%
ARRY	1.8B	1.6B	-12.93%	-45.57%	13.16	1.15	-3.72%	2996.57%
SHLS	1.4B	488.9M	-30.28%	-62.39%	33.61	2.84	49.55%	-68.23%
SPWR	343.7M	1.8B	-29.09%	-86.28%	-3.38	0.22	14.74%	-307.59%
FTCI	52.8M	127.0M	-10.64%	-84.09%	-1.05	0.42	3.20%	49.51%
SUNW	1.7M	154.9M	-	-97.50%	-0.02	0.01	10.63%	-80.26%
ASTI	379.4K	458.3K	-74.36%	-58.33%	-0.02	0.83	-62.52%	13.59%

First Solar Inc News

Latest updates

First Solar Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	44.6%	1,159	801	811	548	1,002	629	621	367	907	584	629	803	609	928	642	532	1,399	547	585	532	691
Gross Profit	33.5%	502	376	310	112	61.00	21.00	-23.20	11.00	246	125	174	185	160	293	137	90.00	334	138	77.00	0.00	98.00
Operating Expenses	7.1%	111	103	142	94.00	107	95.00	77.00	71.00	73.00	72.00	62.00	83.00	102	86.00	87.00	89.00	451	97.00	86.00	77.00	87.00
S&GA Expenses	13.8%	57.00	50.00	46.00	44.00	43.00	46.00	39.00	37.00	38.00	43.00	36.00	52.00	63.00	50.00	52.00	59.00	56.00	54.00	51.00	45.00	51.00
R&D Expenses	6.5%	44.00	41.00	37.00	31.00	31.00	29.00	25.00	27.00	30.00	25.00	24.00	20.00	23.00	23.00	22.00	26.00	25.00	25.00	24.00	22.00	21.00
EBITDA Margin	43.3%	0.37*	0.25*	0.15*	0.14*	0.11*	0.18*	0.23*	0.21*	0.29*	0.28*	0.29*	0.27*	-	-	-	-	-	-	-	-	-
Interest Expenses	89.3%	7.00	4.00	1.00	1.00	3.00	3.00	3.00	3.00	3.00	3.00	5.00	3.00	3.00	11.00	3.00	7.00	3.00	5.00	9.00	10.00	11.00
Income Taxes	24.4%	27.00	22.00	18.00	-6.89	1.00	-12.51	84.00	-19.50	36.00	1.00	20.00	46.00	-66.40	38.00	10.00	-89.21	-30.86	15.00	12.00	-1.39	-4.42
Earnings Before Taxes	29.7%	377	290	188	36.00	-6.57	-61.68	140	-62.75	167	46.00	103	256	52.00	193	47.00	2.00	-90.19	46.00	-6.71	-68.82	48.00
EBT Margin	67.2%	0.27*	0.16*	0.05*	0.04*	0.00*	0.07*	0.12*	0.10*	0.20*	0.17*	0.20*	0.18*	-	-	-	-	-	-	-	-	-
Net Income	30.1%	349	268	171	43.00	-7.55	-49.17	56.00	-43.25	131	45.00	82.00	210	116	155	37.00	91.00	-59.41	31.00	-18.55	-67.60	52.00
Net Income Margin	67.0%	0.25*	0.15*	0.05*	0.01*	-0.02*	0.04*	0.08*	0.09*	0.16*	0.17*	0.19*	0.17*	-	-	-	-	-	-	-	-	-
Free Cashflow	277.3%	214	-120	-472	-405	468	-94.28	-110	-293	-160	141	87.00	-369	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	8.2%	10,365	9,583	8,997	8,565	8,251	7,493	7,419	7,399	7,414	7,269	7,248	7,109	7,109	6,985	7,073	6,949	7,516	7,055	7,138	7,257	7,121
Current Assets	21.2%	4,635	3,824	3,661	3,620	3,791	3,339	3,383	2,995	3,191	3,046	3,155	3,137	3,015	2,800	2,731	2,748	3,600	3,043	3,412	3,663	3,860
Cash Equivalents	30.4%	1,947	1,493	830	907	1,481	1,161	1,709	1,335	1,456	1,386	1,633	1,234	1,274	1,317	1,148	1,019	1,447	976	1,334	1,207	1,563
Inventory	-7.1%	820	883	756	751	621	811	810	841	666	647	603	550	568	568	518	480	444	577	587	459	388
Net PPE	8.0%	4,397	4,073	4,020	3,859	3,537	3,124	2,989	2,786	2,650	2,506	2,397	2,398	2,402	2,387	2,324	2,244	2,181	2,107	2,006	1,859	1,756
Goodwill	4.3%	30.00	28.00	29.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00
Liabilities	12.1%	3,678	3,280	2,958	2,696	2,415	1,664	1,524	1,524	1,454	1,439	1,465	1,414	1,588	1,589	1,846	1,781	2,419	1,872	2,003	2,128	1,909
Current Liabilities	8.9%	1,306	1,199	1,091	1,174	1,038	816	804	735	727	715	661	669	847	731	747	732	1,318	761	843	837	845
Long Term Debt	0.0%	464	464	437	320	184	254	170	247	236	241	276	254	238	220	388	391	454	452	453	558	461
LT Debt, Current	-100.0%	-	35.00	-	-	-	5.00	5.00	5.00	4.00	37.00	3.00	2.00	42.00	-	-	-	18.00	-	-	-	-
LT Debt, Non Current	0.0%	464	464	437	320	184	254	170	247	236	241	276	254	238	-	-	-	454	-	-	-	-
Shareholder's Equity	6.1%	6,687	6,302	6,040	5,869	5,836	5,828	5,896	5,875	5,960	5,830	5,784	5,695	5,521	5,396	5,227	5,169	5,097	5,182	5,135	5,129	5,212
Retained Earnings	9.6%	3,971	3,622	3,353	3,183	3,140	3,148	3,197	3,141	3,184	3,053	3,008	2,925	2,716	2,600	2,445	2,408	2,327	2,386	2,355	2,374	2,442
Additional Paid-In Capital	0.4%	2,890	2,879	2,872	2,866	2,887	2,880	2,869	2,863	2,871	2,866	2,859	2,854	2,867	2,856	2,849	2,844	2,849	2,836	2,827	2,814	2,825
Shares Outstanding	0.0%	107	107	107	107	107	107	107	106	106	106	106	106	-	-	-	-	-	-	-	-	-
Float	-	-	-	20,200	-	-	-	7,200	-	-	-	9,600	-	-	-	4,100	-	-	-	5,400	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	239.2%	561,109	165,427	-89,678	-34,598	795,215	128,975	88,018	-138,839	34,467	305,321	177,249	-279,478	186,318	207,897	147,769	-504,864	781,693	-317,622	13,570	-303,440	-185,499
Share Based Compensation	34.3%	11,010	8,198	8,411	6,600	7,535	11,854	5,764	3,503	5,928	6,429	5,430	3,115	11,078	7,209	3,776	7,204	12,021	9,626	10,763	5,019	7,367
Cashflow From Investing	-139.0%	-173,161	443,992	-98,395	-645,227	-570,055	-760,806	141,231	-2,944	-15,751	-553,377	198,250	271,838	-247,549	35,035	-15,159	96,446	-307,663	-36,749	121,885	-139,771	113,009
Cashflow From Financing	2.0%	60,739	59,536	108,892	107,686	99,931	83,845	119,852	5,764	49,760	-120	22,361	-31,451	15,609	-75,527	-9,229	-13,440	-6,799	1,023	-7,119	87,838	112,045

FSLR Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net sales	$ 3,318,602	$ 2,619,319	$ 2,923,377
Cost of sales	2,017,923	2,549,461	2,193,423
Gross profit	1,300,679	69,858	729,954
Operating expenses:
Selling, general and administrative	197,622	164,724	170,320
Research and development	152,307	112,804	99,115
Production start-up	64,777	73,077	21,052
Litigation loss	35,590	0	0
Total operating expenses	450,296	350,605	290,487
Gain on sales of businesses, net	6,883	253,511	147,284
Operating income (loss)	857,266	(27,236)	586,751
Foreign currency loss, net	(21,533)	(16,414)	(7,975)
Interest income	97,667	33,284	6,179
Interest expense, net	(12,965)	(12,225)	(13,107)
Other (expense) income, net	(29,145)	31,189	314
Income before taxes	891,290	8,598	572,162
Income tax expense	(60,513)	(52,764)	(103,469)
Net income (loss)	$ 830,777	$ (44,166)	$ 468,693
Net income (loss) per share:
Basic	$ 7.78	$ (0.41)	$ 4.41
Diluted	$ 7.74	$ (0.41)	$ 4.38
Weighted-average number of shares used in per share calculations:
Basic	106,795	106,551	106,263
Diluted	107,372	106,551	106,924

FSLR Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 1,946,994	$ 1,481,269
Marketable securities	155,495	1,096,712
Accounts receivable trade, net	660,776	324,337
Government grants receivable, net	659,745	0
Inventories	819,899	621,376
Other current assets	391,900	267,727
Total current assets	4,634,809	3,791,421
Property, plant and equipment, net	4,397,285	3,536,902
Deferred tax assets, net	142,819	78,680
Restricted marketable securities	198,310	182,070
Government grants receivable	152,208	0
Goodwill	29,687	14,462
Intangible assets, net	64,511	31,106
Inventories	266,899	260,395
Other assets	478,604	356,192
Total assets	10,365,132	8,251,228
Current liabilities:
Accounts payable	207,178	341,409
Income taxes payable	22,134	29,397
Accrued expenses	524,829	382,782
Current portion of debt	96,238	0
Deferred revenue	413,579	263,215
Other current liabilities	42,200	21,245
Total current liabilities	1,306,158	1,038,048
Accrued solar module collection and recycling liability	135,123	128,114
Long-term debt	464,068	184,349
Deferred revenue	1,591,604	944,725
Other liabilities	180,710	119,937
Total liabilities	3,677,663	2,415,173
Commitments and contingencies
Stockholders' equity:
Common stock, $0.001 par value per share; 500,000,000 shares authorized; 106,847,475 and 106,609,094 shares issued and outstanding at December 31, 2023 and 2022, respectively	107	107
Additional paid-in capital	2,890,427	2,887,476
Accumulated earnings	3,971,066	3,140,289
Accumulated other comprehensive loss	(174,131)	(191,817)
Total stockholders' equity	6,687,469	5,836,055
Total liabilities and stockholders' equity	$ 10,365,132	$ 8,251,228

About First Solar Inc

First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.

CEO	Mr. Mark R. Widmar
WEBSITE	firstsolar.com
INDUSTRY	Solar
EMPLOYEES	5500

First Solar Inc Frequently Asked Questions

What is the ticker symbol for First Solar Inc? What does FSLR stand for in stocks?

FSLR is the stock ticker symbol of First Solar Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First Solar Inc (FSLR)?

As of Tue Apr 23 2024, market cap of First Solar Inc is 19.24 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FSLR stock?

You can check FSLR's fair value in chart for subscribers.

What is the fair value of FSLR stock?

You can check FSLR's fair value in chart for subscribers. The fair value of First Solar Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First Solar Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FSLR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First Solar Inc a good stock to buy?

The fair value guage provides a quick view whether FSLR is over valued or under valued. Whether First Solar Inc is cheap or expensive depends on the assumptions which impact First Solar Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FSLR.

What is First Solar Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, FSLR's PE ratio (Price to Earnings) is 23.16 and Price to Sales (PS) ratio is 5.8. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FSLR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First Solar Inc's stock?

In the past 10 years, First Solar Inc has provided 0.101 (multiply by 100 for percentage) rate of return.