The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
| Factor | Score | Distribution | Value | Avg | Verdict |
|---|---|---|---|---|---|
Valuation | 46 | 20.5x | 20.1x | Near average | |
Growth | 52 | 27.3% | 5.6% | Near average | |
Quality | 57 | 24.3% | 7.6% | Near average | |
Safety | 84 | -1.1x | 0.4x | Above average | |
Capital Return | 76 | — | 2.19% | Above average | |
Momentum | 52 | — | — | Near average | |
Sentiment | 33 | — | — | Below average |
This section combines price targets, revision history, analyst coverage changes, and an AI summary of what changed on the Street.
First Solar has seen a gradual improvement in its average price targets over the past 30 days, with the consensus rising by 2.09% to reach $257.08. This increase reflects cautious optimism from the 11 analysts covering the stock, supported by a recent upgrade from GLJ Research in late May, indicating an improvement in sentiment regarding the company's future performance.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
First Solar, Inc. (FSLR) is one of the world's leading companies in solar energy technology, distinguished by a unique business model based on the production of thin-film solar panels using cadmium telluride (CadTel) technology. The company is characterized by its complete independence from Chinese crystalline silicon-based supply chains, giving it a strategic competitive advantage in its main markets, particularly in the United States and India. The company generates its revenues primarily from selling solar panels to utility-scale power plants, benefiting from domestic tax incentives and growing demand for clean and independent energy sources.
The company achieved strong and historic financial results during the first quarter of fiscal year 2026, with quarterly net sales reaching a record level of $1.0 billion, registering a 24% year-on-year growth driven by a 31% increase in sales volume. The company recorded a gross profit margin of 47%, representing an expansion of 6 percentage points compared to the first quarter of 2025, supported by an increase in the volume of units qualifying for tax credits under Section 45X and lower shipping costs. Net income for the first quarter reached $346.6 million, achieving diluted earnings per share of $3.22, while adjusted EBITDA reached approximately $520 million with a margin of 50%.
Automated analysis for informational purposes only — not investment advice.
First Solar stock currently trades at $306.79, which represents a significant rise above the consensus analyst target price of $257.08, although it remains below the upper limit of target valuations of $326. This trading above the consensus average reflects strong market optimism regarding the company's recent record results and its analyst rating of "Buy", supported by target price upgrades by institutions such as Argus to $275.
First Solar achieved record net sales of $1.0 billion in the first quarter of 2026, registering a 24% year-on-year growth. Total new bookings during the quarter reached approximately 1.7 GW, split between 0.9 GW for the US market at an average price of $0.34 per watt inclusive of adjustments, and 0.8 GW for the Indian market, while total bookings since the previous earnings call reached 1.9 GW.
The new finishing facility in South Carolina is on track to start commercial production in the second half of 2026, with equipment installation work starting during the current quarter. This facility will finish Series 6 cells manufactured internationally, helping the company optimize shipping costs and tariffs, in addition to benefiting from advanced manufacturing credits under Section 45X.
International plants in Malaysia and Vietnam are currently operating at very low utilization rates due to weak demand for fully manufactured products there and trade restrictions. The company has strategic options for these capacities, which currently stand at less than 2 GW of finished products after transferring part of them to support the South Carolina facility and the perovskite pilot line, and is awaiting trade policy clarity and the Section 232 decision to determine whether to continue production or move toward closure.
The company plans to operate a perovskite pilot line with a capacity of up to 1 GW at the Perrysburg facility by 2027, benefiting from its recent acquisition of Oxford patents. This line aims to validate the efficiency and durability of this new technology under actual operating conditions and gain customer trust before moving to the large-scale commercial production phase, although initial production costs will be high due to incomplete economies of scale.