Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
FSLR
STRONG BUYFLAGFirst Solar, Inc. · Technology · United States · $21.8B · Avg Vol: $538M/d
First Solar clears the floor (Q71 V62 M56) but momentum keeps it off the all-above-60 route, and the only insider activity is a small sale, so nothing corroborates. Thin-film solar is a tariff and subsidy beneficiary, which makes policy the dominant variable rather than operations.
COMPANY DESCRIPTION
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.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.6B | 3.3B | 4.2B | 5.2B | 25.8% | 5.4B | 5.0B | 5.9B | 6.6% |
| EPS | -0.41 | 7.78 | 12.07 | 14.25 | 35.3% | 9.80 | 17.49 | 23.08 | 27.3% |
| Shares | 106.6M | 106.8M | 107.1M | 107.3M | +0.7% | 107.5M | — | — | — |
| Debt | 234.1M | 624.4M | 718.8M | 655.3M | 40.9% | 194.0M | — | — | — |
| Equity | 5.8B | 6.7B | 8.0B | 9.5B | 17.8% | — | — | — | — |
| Op CF | 873.4M | 602.3M | 1.2B | 2.1B | 33.1% | 2.2B | — | — | — |
| Inv CF | -1.2B | -472.8M | -1.6B | -765.2M | — | — | — | — | — |
| Fin CF | 309.4M | 336.9M | 24.8M | -119.2M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of FSLR are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| FSLR | First Solar, Inc.(you) | $21.8B | 81 | STRONG BUY |
| NXT | Nextpower Inc. | $15.4B | 61 | HOLD |
| ENPH.MX | Enphase Energy, Inc. | $6.2B | 58 | HOLD |
| SHLS | Shoals Technologies Group, Inc. | $1.6B | 49 | HOLD |
| RUN | Sunrun Inc. | $2.4B | 21 | SELL |
| SSNC | SS&C Technologies Holdings, Inc. | $17.8B | 80 | STRONG BUY |
| SNX | TD SYNNEX Corporation | $19.4B | 78 | BUY |
| BR | Broadridge Financial Solutions, Inc. | $17.2B | 81 | STRONG BUY |
| OKTA.MX | Okta, Inc. | $19.8B | 77 | BUY |
| CPAY | Corpay, Inc. | $24.2B | 76 | BUY |
Peer medians: ROE 7.5% · P/E 38.7x · Gross margin 54.2%