FSLR · NMS
S&P 500
First Solar, Inc.
Technology · Solar
$180.98
−$10.63 (−5.55%) today
Closing price on Nov 10, 2026 · Source: Yahoo Finance
Consensus of 36 analysts
Buy
Median price target $254.00 +40.3%
- Open
- $188.40
- Day range
- 178.45 – $188.80
- 52-week range
- 165.86 – $320.95
- Volume
- 3,888,608
- Market cap
- $19,452M
- P/E (TTM)
- 10.5x
- EPS (TTM)
- $17.29
- EPS est. 2026
- $17.57
- P/E est. 2026
- 10.3x
- Dividend yield
- n/a
- Beta
- 1.71
- Payout
- 0%
The analysis of this company is being prepared and will appear in the next update.
First Solar financials
Q3 2026 results, quarter ended Sep 30, 2026
| Metric | Q3 2026 | 1-year change |
|---|---|---|
| Total revenue | $1,231M | −22.8% |
| Net income | $571M | +25.2% |
| Earnings per share | $5.30 | +25.0% |
| Net margin | 46.4% | +17.8 pp |
| Free cash flow | −$198M | −118.5% |
| Debt / equity | 0.03 | −69.8% |
Revenue and net income ($M)
Total revenueNet income
| Quarter | Total revenue | Net income |
|---|---|---|
| Q3 2025 | $1,595M | $456M |
| Q4 2025 | $1,683M | $521M |
| Q1 2026 | $1,044M | $347M |
| Q2 2026 | $1,056M | $423M |
| Q3 2026 | $1,231M | $571M |
First Solar earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ4 2026 · Analysts: 26 | $5.2624.38 – 7.52 | +8.7%$4.840 |
| Next quarterQ1 2027 · Analysts: 16 | $4.7073.79 – 6.59 | +46.2%$3.220 |
| Current year2026 · Analysts: 33 | $17.57216.68 – 19.96 | +23.7%$14.210 |
| Next year2027 · Analysts: 33 | $23.08417.64 – 31.98 | +31.4%$17.572 |
Forward P/E: 10.3x (2026) and 7.8x (2027) at the current price.
Actual and estimated EPS ($)
Actual EPSEstimated EPS
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q3 2025 | $4.240 | — |
| Q4 2025 | $4.840 | $5.168 |
| Q1 2026 | $3.220 | $2.974 |
| Q2 2026 | $3.920 | $2.880 |
| Q3 2026 | $5.300 | $4.636 |
| Q4 2026 | — | $5.262 |
| Q1 2027 | — | $4.707 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| 2022 | −$0.410 | — |
| 2023 | $7.740 | — |
| 2024 | $12.020 | — |
| 2025 | $14.210 | — |
| 2026 | — | $17.572 |
| 2027 | — | $23.084 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q1 2027Estimated | $4.707 | +46.2% |
| Q4 2026Estimated | $5.262 | +8.7% |
| Q3 2026 | $5.300est. $4.636 · surprise +14.3% | +25.0% |
| Q2 2026 | $3.920est. $2.880 · surprise +36.1% | n/a |
| Q1 2026 | $3.220est. $2.974 · surprise +8.3% | n/a |
| Q4 2025 | $4.840est. $5.168 · surprise −6.4% | n/a |
| Q3 2025 | $4.240 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| 2027Estimated | $23.084 | +31.4% |
| 2026Estimated | $17.572 | +23.7% |
| 2025 | $14.210 | +18.2% |
| 2024 | $12.020 | +55.3% |
| 2023 | $7.740 | n/s |
| 2022 | −$0.410 | n/a |
Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.
First Solar dividend
First Solar has not paid dividends in recent years.
First Solar forecasts
36 analyst ratings
Consensus: Buy · 28 buy, 7 hold, 1 sell
1-year price forecast
Share price
Price target (high, median, low)
| Target | Price | Upside |
|---|---|---|
| High | $328.00 | +81.2% |
| Median | $254.00 | +40.3% |
| Low | $169.00 | −6.6% |
| Date | Close |
|---|---|
| Nov 28, 2025 | $272.92 |
| Dec 31, 2025 | $261.23 |
| Jan 30, 2026 | $225.52 |
| Feb 27, 2026 | $197.20 |
| Mar 31, 2026 | $197.26 |
| Apr 30, 2026 | $201.89 |
| May 29, 2026 | $306.79 |
| Jun 30, 2026 | $235.96 |
| Jul 31, 2026 | $211.03 |
| Aug 31, 2026 | $201.90 |
| Sep 30, 2026 | $175.16 |
| Oct 30, 2026 | $174.40 |
| Nov 10, 2026 | $180.98 |
First Solar peers
| Ticker | Company | Market cap ($M) | P/E | Price ($) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| FSLR | First Solar | 19,452 | 10.5x | 180.98 | −5.55% | 165.86320.95 |
| AAPL | Apple | 5,064,611 | 38.8x | 348.51 | −0.62% | 243.42355.38 |
| NVDA | Nvidia | 4,078,187 | 21.4x | 168.89 | −5.47% | 164.27243.37 |
| MSFT | Microsoft Corp. | 3,959,350 | 27.8x | 533.16 | −2.20% | 349.20559.15 |
| AVGO | Broadcom | 1,584,750 | 42.4x | 331.98 | +3.91% | 289.77495.00 |
| AMD | Advanced Micro Devices | 844,989 | 110.1x | 515.21 | +1.30% | 188.22658.52 |
What the AI agents think about First Solar
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