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First Solar, Inc. (FSLR) is a technology company in the solar industry with $5.38B in trailing revenue trading at a 11.0× trailing P/E — analyst consensus: buy.
First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity. The company serves system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and other system owners and operators. 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 Phoenix, Arizona.
Key Statistics
Market Cap
$19.10B
Revenue (TTM)
$5.38B
EPS (TTM)
$16.22
EPS (Fwd est.)
$23.25
Employees
7,900
Trailing P/E
10.96
Forward P/E
7.64
PEG Ratio
0.32
Price / Sales
3.55
Price / Book
1.85
EV / EBITDA
7.36
Beta (5Y)
1.73
Analyst Consensus
Consensus
Buy
Analyst Price Target
+53.1% upside
Target: $272.10
Annual Revenue & Net Income
RevenueNet Income
'22
$2.62B
$-40.00M
'23
$3.32B
$830.00M
'24
$4.21B
$1.29B
'25
$5.22B
$1.53B
Earnings History
Quarter
Actual EPS
Estimate
Result
Jul 2026
$3.92
$2.88
Beat (+36.1%)
Apr 2026
$3.22
$2.96
Beat (+8.9%)
Feb 2026
$4.84
$5.24
Miss (-7.6%)
Oct 2025
$4.24
$4.29
Miss (-1.1%)
Next Earnings Report
First Solar, Inc. is next expected to report earnings on 29 Oct 2026.
First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that con…
What is FSLR's market cap?
First Solar, Inc. has a market capitalization of approximately $19.10B.
What is FSLR's P/E ratio?
First Solar, Inc. trades at a trailing P/E ratio of 11.0x and a forward P/E of 7.6x, which is below the broad market average of ~25x.
How much revenue does FSLR generate?
First Solar, Inc. generated $5.38B in trailing 12-month revenue.
What do analysts say about FSLR?
The analyst consensus rating for First Solar, Inc. is buy, with a mean price target of $272.10. That implies +53.1% upside from the current price.
When does FSLR report earnings?
First Solar, Inc. is next scheduled to report earnings on 29 Oct 2026.
Does FSLR pay a dividend?
First Solar, Inc. does not currently pay a regular dividend.
View live charts, options flow, gamma exposure, earnings history, and technical analysis for First Solar, Inc. on Apsis Markets.
