First Solar, Inc. (FSLR) — Stock Score Summary

First Solar, Inc. (FSLR) has a MoatMap StockRank of 92/100 based on Quality (73/100), Value (50/100), and Momentum (57/100) factor scores. The current signal is STRONG BUY. First Solar is uniquely positioned at the intersection of geopolitical energy security and supply chain localization. As a leading US-based manufacturer of thin-film solar modules, it is highly insulated from Chinese supply chain disruptions and heavily incentivized by domestic manufacturing tax credits. The persistent geopolitical premium on energy and the structural push for domestic energy independence provide a powerful 18-month tailwind that supports its massive multi-year contracted backlog, offering a highly asymmetric risk-reward profile.

First Solar, Inc. is a leading global provider of comprehensive photovoltaic (PV) solar energy solutions, specializing in the development and manufacturing of advanced cadmium telluride (CdTe) thin-film solar modules. The company's vertically integrated business model and proprietary thin-film technology offer a differentiated product, recognized for its superior performance in certain conditions and lower carbon footprint compared to traditional silicon modules. Its U.S.-based manufacturing capacity and focus on utility-scale projects provide a strong competitive moat in the evolving renewable energy sector.

Key Financial Metrics

Price$286.58
Market Cap$32.6B
P/E (TTM)20.32
P/E (Forward)13.44
Price/Book3.43
Return on Equity18.4%
Return on Invested Capital14.7%
Debt/Equity5.94
Gross Margin41.7%
Operating Margin33.1%
Revenue Growth23.6%
Free Cash Flow$1.1B

First Solar, Inc. operates in the Solar industry, part of the Technology sector (United States).

Frequently Asked Questions

What is First Solar, Inc.’s (FSLR) StockRank?
MoatMap’s StockRank for First Solar, Inc. (FSLR) is 92/100, with a Strong Buy signal. It is a composite of Quality (73), Value (50), and Momentum (57) factor ranks across MoatMap’s 19,000+ stock universe.
Does First Solar, Inc. have an economic moat?
First Solar, Inc. (FSLR) has a Quality factor score of 73/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is First Solar, Inc. a buy, hold, or sell?
MoatMap’s current signal for First Solar, Inc. (FSLR) is Strong Buy, based on a StockRank of 92/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is First Solar, Inc. in?
First Solar, Inc. (FSLR) operates in the Technology sector, specifically the Solar industry (United States).