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 a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. The company’s residual business operations include project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers. 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.
Tech Innovation Race | Delve into First Solar's R&D efforts, including CuRe modules and perovskites technology, as the company strives to maintain its technological leadership in a rapidly evolving industry |
Policy Tailwinds | Explore how the Inflation Reduction Act and potential tariff increases on foreign imports could significantly boost First Solar's competitive edge and profitability |
Financial Horizons | Analysts project significant growth, with revenue estimates reaching $6.9B for FY 2026 and EPS forecasts of $33.48, despite recent project delays impacting near-term outlook |
Solar Titan's Strategy | First Solar, the largest US solar manufacturer, aims for 25GW annual capacity by 2026, leveraging its unique thin-film technology and domestic production advantage |
Metrics to compare | FSLR | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipFSLRPeersSector | |
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P/E Ratio | 10.6x | 2.5x | 10.6x | |
PEG Ratio | 0.19 | 0.00 | 0.01 | |
Price / Book | 1.7x | 1.1x | 2.4x | |
Price / LTM Sales | 3.3x | 0.8x | 1.9x | |
Upside (Analyst Target) | 85.6% | 419.7% | 43.7% | |
Fair Value Upside | Unlock | 34.6% | 9.4% | Unlock |