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.
Future Prospects | Analysts project robust growth, with FY 2027 estimates of $6,529 million in revenue and $26.14 EPS. Average price target ranges from $100 to $221. |
Market Positioning | Uncover First Solar's unique advantage as the sole large-scale domestic solar module manufacturer in the U.S., with a significant 66 GW backlog through 2030. |
Financial Flux | Delve into First Solar's revised guidance for FY 2025, with revenue projections of $4.5-$5.5 billion and EPS estimates of $12.50-$17.50, reflecting recent challenges. |
Solar Policy Maze | Explore First Solar's navigation through complex regulatory changes, tariff uncertainties, and evolving market dynamics as the largest Western Hemisphere solar manufacturer. |

Metrics to compare | FSLR | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipFSLRPeersSector | |
|---|---|---|---|---|
P/E Ratio | 13.7x | 34.0x | 12.9x | |
PEG Ratio | 0.77 | −0.51 | 0.01 | |
Price / Book | 2.2x | 2.1x | 2.4x | |
Price / LTM Sales | 4.0x | 2.9x | 2.4x | |
Upside (Analyst Target) | 25.9% | 33.1% | 25.5% | |
Fair Value Upside | Unlock | 2.4% | 2.4% | Unlock |