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First Solar Inc Stock Research

FSLR

161.39USD-2.95(-1.80%)Market Closed
Watchlist

Market Summary

USD161.39-2.95
Market Closed
-1.80%

FSLR Alerts

  • 1 major insider sales recently.
  • Big jump in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

FSLR Stock Price

FSLR RSI Chart

FSLR Valuation

Market Cap

17.2B

Price/Earnings (Trailing)

110.22

Price/Sales (Trailing)

5.77

EV/EBITDA

37.07

Price/Free Cashflow

-34.22

FSLR Price/Sales (Trailing)

FSLR Profitability

EBT Margin

3.82%

Return on Equity

0.71%

Return on Assets

0.49%

Free Cashflow Yield

-2.92%

FSLR Fundamentals

FSLR Revenue

Revenue (TTM)

3.0B

Revenue Y/Y

30.55%

Revenue Q/Q

47.86%

FSLR Earnings

Earnings (TTM)

156.4M

Earnings Y/Y

205.67%

Earnings Q/Q

300.79%

Price Action

52 Week Range

115.66232.00
(Low)(High)

Last 7 days

-2.0%

Last 30 days

-7.4%

Last 90 days

-10.1%

Trailing 12 Months

26.6%

FSLR Financial Health

Current Ratio

3.08

FSLR Investor Care

Shares Dilution (1Y)

0.23%

Diluted EPS (TTM)

1.46

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for FSLR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-01
Bradley Alexander R.
sold
-1,024,200
186
-5,500
chief financial officer
2023-08-21
Gloeckler Markus
sold
-84,448
182
-464
chief technology officer
2023-08-18
Gloeckler Markus
acquired
-
-
843
chief technology officer
2023-08-18
Gloeckler Markus
sold (taxes)
-75,735
199
-379
chief technology officer
2023-08-14
ANTOUN GEORGES
sold
-2,504,840
202
-12,346
chief commercial officer
2023-08-07
KENNEDY R CRAIG
sold
-289,380
192
-1,500
-
2023-08-02
Bradley Alexander R.
sold
-1,068,970
194
-5,500
chief financial officer
2023-07-28
Widmar Mark R
sold
-482,566
223
-2,160
chief executive officer
2023-07-18
Widmar Mark R
sold
-453,600
210
-2,160
chief executive officer
2023-07-17
Widmar Mark R
sold
-816,310
205
-3,982
chief executive officer

1–10 of 50

Which funds bought or sold FSLR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Jefferies Group LLC
new
-
7,740,440
7,740,440
0.06%
2023-09-20
BARCLAYS PLC
added
57.2
19,464,000
71,530,000
0.04%
2023-09-13
CGC Financial Services, LLC
new
-
57,027
57,027
0.04%
2023-09-12
Farther Finance Advisors, LLC
added
40.00
1,459
7,984
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
2,091
2,091
-%
2023-08-25
STRATEGY ASSET MANAGERS LLC
added
6.75
-65,502
911,291
0.20%
2023-08-24
Alberta Investment Management Corp
added
24.45
38,134
473,134
-%
2023-08-23
Stonebridge Capital Advisors LLC
sold off
-100
-22,620
-
-%
2023-08-23
WOLVERINE TRADING, LLC
new
-
6,485,430
6,485,430
0.01%
2023-08-22
Asset Dedication, LLC
unchanged
-
-7,000
49,000
-%

1–10 of 45

Latest Funds Activity

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

Schedule 13G FIlings of First Solar

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 10, 2021
vanguard group inc
7.71%
8,165,497
SC 13G/A
Feb 04, 2021
wellington management group llp
8.08%
8,559,211
SC 13G/A
Jan 27, 2021
blackrock inc.
12.0%
12,672,907
SC 13G/A

Recent SEC filings of First Solar

View All Filings
Date Filed Form Type Document
Sep 05, 2023
4
Insider Trading
Sep 01, 2023
144
Notice of Insider Sale Intent
Aug 22, 2023
4
Insider Trading
Aug 21, 2023
144
Notice of Insider Sale Intent
Aug 16, 2023
4
Insider Trading
Aug 15, 2023
144/A
144/A
Aug 14, 2023
144
Notice of Insider Sale Intent
Aug 08, 2023
4
Insider Trading
Aug 07, 2023
144/A
144/A
Aug 04, 2023
144
Notice of Insider Sale Intent

Peers (Alternatives to First Solar)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.0T
32.7B
-8.25% 237.43%
100.38
31.71
9.90% 33.38%
337.1B
35.5B
-2.10% 80.70%
24.63
9.51
11.91% 53.33%
154.9B
21.9B
-4.76% 43.29%
-6.2K
7.08
1.39% -100.80%
143.4B
18.8B
-4.12% 0.55%
18.66
7.62
-3.94% -10.38%
141.5B
54.0B
3.13% 27.82%
-153.45
2.62
-26.36% -104.83%
17.2B
3.0B
-7.39% 26.56%
110.22
5.77
20.63% -17.29%
11.4B
722.9M
-5.27% 72.61%
55.62
15.76
23.44% 50.75%
MID-CAP
5.5B
6.9B
-15.16% 31.17%
9.4
0.79
6.33% -16.28%
4.4B
514.5M
-4.91% 17.66%
48.83
8.58
-28.10% -51.06%
SMALL-CAP
1.2B
1.7B
-0.59% 46.16%
-45.63
0.69
-7.23% -137.93%
894.5M
1.1B
-9.36% 18.75%
39.64
0.84
-8.91% -64.16%
785.7M
691.3M
-2.32% -5.55%
63.54
1.14
-11.09% -97.27%
445.6M
122.0M
-8.16% -26.19%
-14.35
3.65
-9.27% -3581.39%
310.6M
250.2M
-3.01% -26.22%
-7.84
1.24
-43.50% -156.17%

First Solar News

Nasdaq
First Solar Becomes Oversold (FSLR).
Nasdaq,
2 hours ago
Investor's Business Daily
7 Stocks Soar More Than 90% Even As Fed Hikes Rates.
Investor's Business Daily,
4 days ago

Returns for FSLR

Cumulative Returns on FSLR

15.0%


10-Year Cumulative Returns

23.6%


7-Year Cumulative Returns

27.6%


5-Year Cumulative Returns

37.6%


3-Year Cumulative Returns

Risks for FSLR

What is the probability of a big loss on FSLR?

93.1%


Probability that First Solar stock will be more than 20% underwater in next one year

67.3%


Probability that First Solar stock will be more than 30% underwater in next one year.

44.2%


Probability that First Solar stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FSLR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if First Solar was unfortunately bought at previous high price.

Drawdowns

Financials for First Solar

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue6.8%2,9902,8012,6192,5242,4792,4872,9232,6252,9692,9832,7113,5013,1213,0633,0632,3552,4842,2092,2441,8922,303
Gross Profit195.7%50417070.00256359557730643812775681854700639549314305219392356519
Operating Expenses17.3%438373351317294278290319333358363713724723711347320330352362376
  S&GA Expenses4.3%179172165160158155170195201216223216220219205201181181177181198
  R&D Expenses9.9%12811611311110810699.0092.0089.0088.0094.0096.0098.0010097.0093.0090.0086.0084.0087.0085.00
EBITDA-100.0%-391291458564528845724873808550404242187112------
EBITDA Margin-100.0%-0.14*0.11*0.18*0.23*0.21*0.29*0.28*0.29*0.27*0.20*0.12*0.08*0.06*0.04*------
Interest Expenses-18.0%8.0010.0012.0012.0012.0013.0013.0014.0022.0020.0024.0024.0018.0024.0027.0035.0034.0031.0026.0021.0021.00
Earnings Before Taxes45.7%1561079.001822902535724576045482931514.00-49.73-12018.0036.00-52.0011332.00178
EBT Margin-100.0%-0.04*0.00*0.07*0.12*0.10*0.20*0.17*0.20*0.18*0.11*0.04*0.00*-0.02*-0.04*------
Net Income275.6%15642.00-44.1795.0018921646945356351739822399.0043.00-114-3.4124.00-6.22144-340-192
Net Income Margin-100.0%-0.01*-0.02*0.04*0.08*0.09*0.16*0.17*0.19*0.17*0.15*0.06*0.03*0.01*-0.04*------
Free Cashflow100.0%--142-30.24-658-423-226-302-45.34-84.48-131-379147-454-659-494------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets5.1%8,9978,5658,2517,4937,4197,3997,4147,2697,2487,1097,1096,9857,0736,9497,5167,0557,1387,2577,1217,0957,026
  Current Assets1.1%3,6613,6203,7913,3393,3832,9953,1913,0463,1553,1373,0152,8002,7312,7483,6003,0433,4123,6633,8603,8863,986
    Cash Equivalents-8.5%8309071,4811,1511,7091,3351,4561,3861,6331,2341,2741,3171,1481,0191,4479761,3341,2071,5631,5242,098
  Inventory0.6%756751621811810841666647603550568568518480444577587459388296234
  Net PPE4.2%4,0203,8593,5373,1242,9892,7862,6502,5062,3972,3982,4022,3872,3242,2442,1812,1072,0061,8591,7561,6711,484
  Goodwill98.1%29.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.00
Liabilities9.7%2,9582,6962,4151,6641,5241,5241,4541,4391,4651,4141,5881,5891,8461,7812,4191,8722,0032,1281,9091,9241,915
  Current Liabilities-7.1%1,0911,1741,0388168047357277156616698477317477321,318761843837845868815
  Long Term Debt------------220388391454452453558461463449
    LT Debt, Current----5.005.005.004.0037.003.002.0042.00---18.00------
    LT Debt, Non Current36.5%437320184254170247236241276254238---454------
Shareholder's Equity2.9%6,0405,8695,8365,8285,8965,8755,9605,8305,7845,6955,5215,3965,2275,1695,0975,1825,1355,1295,2125,1715,111
  Retained Earnings5.4%3,3533,1833,1403,1483,1973,1413,1843,0533,0082,9252,7162,6002,4452,4082,3272,3862,3552,3742,4422,3892,332
  Additional Paid-In Capital0.2%2,8722,8662,8872,8802,8692,8632,8712,8662,8592,8542,8672,8562,8492,8442,8492,8362,8272,8142,8252,8172,809
Shares Outstanding0.0%107107107107107106106106106106106106106106105105105105105105105
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-18.2%80097887311328937823838929226337.00632107-27.22174-792-700-584-3262931,099
  Share Based Compensation8.3%34.0032.0029.0027.0022.0021.0021.0026.0027.0025.0029.0030.0033.0040.0037.0033.0031.0031.0034.0036.0039.00
Cashflow From Investing-13.1%-2,074-1,834-1,192-638-430-373-99.04-33025844.00-131-191-263-126-36258.00-327-447-682-1,018-673
Cashflow From Financing-2.7%40041130925917578.0041.006.00-69.01-100-82.59-104-28.44-26.3375.00194266301255184125

FSLR Income Statement

2023-06-30
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net sales$ 810,673$ 620,955$ 1,358,959$ 987,995
Cost of sales500,253644,155936,488999,732
Gross profit (loss)310,420(23,200)422,471(11,737)
Operating expenses:    
Selling, general and administrative46,32838,89490,35675,622
Research and development36,74525,22967,25552,337
Production start-up23,37713,23142,87120,569
Litigation loss35,590035,5900
Total operating expenses142,04077,354236,072148,528
Gain on sales of businesses, net135245,381118247,288
Operating income168,515144,827186,51787,023
Foreign currency loss, net(4,652)(2,984)(10,599)(7,182)
Interest income25,0262,88050,8485,205
Interest expense, net(1,415)(3,236)(2,163)(6,101)
Other income (expense), net997(1,883)(459)(2,095)
Income before taxes188,471139,604224,14476,850
Income tax expense(17,892)(83,799)(11,004)(64,300)
Net income$ 170,579$ 55,805$ 213,140$ 12,550
Net income per share:    
Basic$ 1.60$ 0.52$ 2.00$ 0.12
Diluted$ 1.59$ 0.52$ 1.99$ 0.12
Weighted-average number of shares used in per share calculations:    
Basic106,827106,586106,791106,500
Diluted107,278107,056107,256106,965

FSLR Balance Sheet

2023-06-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 829,913$ 1,481,269
Marketable securities1,054,0441,096,712
Accounts receivable trade, net631,335324,337
Accounts receivable unbilled37,08430,654
Inventories756,173621,376
Other current assets352,181237,073
Total current assets3,660,7303,791,421
Property, plant and equipment, net4,020,1783,536,902
Deferred tax assets, net126,23478,680
Restricted marketable securities194,650182,070
Government grants receivable225,1210
Goodwill28,64614,462
Intangibles assets, net70,43531,106
Inventories257,169260,395
Other assets414,003356,192
Total assets8,997,1668,251,228
Current liabilities:  
Accounts payable245,834341,409
Income taxes payable29,06729,397
Accrued expenses303,322382,782
Deferred revenue390,231263,215
Other current liabilities122,16021,245
Total current liabilities1,090,6141,038,048
Accrued solar module collection and recycling liability132,061128,114
Long-term debt437,410184,349
Deferred revenue1,157,190944,725
Other liabilities140,253119,937
Total liabilities2,957,5282,415,173
Commitments and contingencies
Stockholders' equity:  
Common stock, $0.001 par value per share; 500,000,000 shares authorized; 106,830,548 and 106,609,094 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively107107
Additional paid-in capital2,872,1532,887,476
Accumulated earnings3,353,4293,140,289
Accumulated other comprehensive loss(186,051)(191,817)
Total stockholders' equity6,039,6385,836,055
Total liabilities and stockholders' equity$ 8,997,166$ 8,251,228

About First Solar