Nama Insights

First Solar (FSLR)

Technology · Solar · NASDAQ

S&P 500
First Solar (FSLR) is a Technology company in the Solar industry. It has a market capitalization of $21.62B, a trailing price-to-earnings ratio of 11.6 and a free-cash-flow yield of 5.5%. Over the most recent reported fiscal year, revenue grew 24.1%. Nama's AI scorecard rates it Hold, 5.7 out of 10. On 12-month momentum it ranks in the trailing band of its market.
AI scorecard
Hold · 5.7/10
The sections balance. As of Nov 7, 2026.
Momentum
Trailing · -33.8% over 12 months ex. last
Bottom 20% of its market on the past year's move.
Shariah screen
Shariah Compliant
Passes our debt, cash and income screen; not a scholar's ruling.
Off its high
-37.3%
How far the last close sits under the highest price of the past five years.
Market cap$21.62B
Trailing P/E11.6
Price / book2.0
Price / sales4.3
FCF yield5.5%
Dividend yield—
Gross margin49.2%
Operating margin37.7%
Net margin37.1%
Revenue growth (YoY)+24.1%
Revenue growth (3-yr annual)+25.8%
EPS growth (YoY)+18.3%
FCF/share growth (YoY)—
Beta1.8
ExchangeNASDAQ
SectorTechnology
IndustrySolar

FSLR earnings

Next report: Feb 23, 2027 (Q4 2026, EPS estimate $5.28). Beat the EPS estimate in 3 of 4 recent quarters.

QuarterReportedEPSEstimateSurpriseRevenue
Q3 2026 Oct 29, 2026 $5.30 $4.64 +14.2% $1.23B
Q2 2026 Jul 30, 2026 $3.92 $2.88 +36.1% $1.06B
Q1 2026 Apr 30, 2026 $3.22 $2.96 +8.8% $1.04B
Q4 2025 Feb 24, 2026 $4.84 $5.24 -7.6% $1.68B

FSLR analyst price target

Median target $254.00 from 30 analysts, ranging $169.00 – $330.00.

Solar peers

TickerCompanyMarket capP/E
NXT Nextpower $16.00B 21.9
ENPH Enphase Energy $3.77B 13.9
RUN Sunrun $2.41B 5.0
SEDG SolarEdge Technologies $1.70B —
SHLS Shoals Technologies Group $1.70B 23.4
Explore live FSLR data on Nama Insights →

Recent Congressional trades

First Solar trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member Chamber Trade Amount Disclosed
John Boozman Senate Buy $1,001 - $15,000 Sep 11, 2026
Alan Armstrong Senate Buy $1,001 - $15,000 Jul 21, 2026
Gilbert Cisneros House Sell $1,001 - $15,000 Mar 9, 2026
Gilbert Cisneros House Buy $1,001 - $15,000 Feb 13, 2026
Rob Bresnahan House Sell $1,001 - $15,000 May 8, 2025
Dave Min House Sell $1,001 - $15,000 Apr 14, 2025
Rob Bresnahan House Sell $1,001 - $15,000 Mar 27, 2025
Josh Gottheimer House Sell $1,001 - $15,000 Mar 7, 2024
Josh Gottheimer House Buy $1,001 - $15,000 Nov 11, 2023
Josh Gottheimer House Sell $1,001 - $15,000 Oct 15, 2023
Josh Gottheimer House Buy $1,001 - $15,000 Aug 21, 2023

FSLR FAQ

Is FSLR a buy?
Nama's AI scorecard currently rates First Solar Hold (5.7 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is FSLR's P/E ratio?
First Solar trades at a trailing price-to-earnings ratio of 11.6.
When does FSLR report earnings?
First Solar's next scheduled report is on Feb 23, 2027. Analysts expect EPS of $5.28.
What is the FSLR price target?
The median analyst price target from 30 analysts is $254.00, with a range of $169.00 – $330.00.
Is FSLR Shariah compliant?
Nama's AAOIFI-style screen reads First Solar as Shariah Compliant. Passes our debt, cash and income screen; not a scholar's ruling.