First Solar, Inc. (FSLR) - Stock Analysis

Last updated: Jul 27, 2026

EnergyClosed

Research Idea

Research content for general circulation. Not individualized advice. Methodology & Disclosures

Medium-term growth story supported by record 5.3 GW module sales and $1.1B new manufacturing facility, aligned with favorable U.S. trade policies. Near-term challenges include contract terminations, supply constraints, margin compression, and recent sell-side downgrades causing >10% pullback. Cautious near-term stance; monitor margin recovery and backlog stability.

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Idea window: 1/8/2026 – 1/15/2026Sector: Energy

AI Analyst Overview

Last Price
$202.59
Market Cap
$25.07B
1D Return
-1.57%
YTD Return
-22.45%

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Valuation Metrics

P/E
15.0
P/B
2.5
P/S
4.6
EV/EBITDA
10.9
Div Yield
—

Price Behavior

3.0

Key Price Behavior Insights: • Lower highs • Key support zone • Reversal resistance Support Level: $202–$206 Resistance Level: $211–$212, then $223–$229 FSLR has trended sharply lower over the last month with repeated failed bounces, leaving $202–$206 as critical support and $211–$229 as the key resistance zone to reclaim for any durable reversal. ക

bearish
downtrend

Sentiment & News

5.0

Key News Insights: • Growth Backlog • Litigation Overhang • Price Volatility First Solar's strong growth, backlog, and valuation support are being offset by repeated securities-class-action headlines that keep a legal overhang and volatility front and center.

FirstSolar
LegalRisk
AI

AI Summary

5.0
Neutral

FSLR still has a credible multi-year demand and backlog story, but the stock should be viewed as a “prove-it” name until litigation, underutilization, and guidance credibility are resolved, because earnings visibility and margin quality—not demand—now determine whether it can re-rate from here.

Backlog
Legal
Execution
AI summary updated 1 days ago

Description

First Solar, Inc. designs, manufactures and sells cadmium telluride photovoltaic modules that convert sunlight into electricity and are supplied to project developers, utilities, independent power producers, commercial and industrial customers, and other system owners. The company sells its products internationally, including operations in the United States and several other markets, and has been headquartered in Tempe, Arizona since its founding in 1999.

Idea History

DateCloseTickerCompanySummaryStatusP/L
Jan 8Jan 15FSLRFirst Solar, Inc.
Medium-term growth story supported by record 5.3 GW module sales and $1.1B new manufacturing facility, aligned with favorable U.S. trade policies. Near-term challenges include contract terminations, supply constraints, margin compression, and recent sell-side downgrades causing >10% pullback. Cautious near-term stance; monitor margin recovery and backlog stability.
Closed-1.1%
Research content for educational purposes only. Not investment advice. All decisions are your responsibility.