FSLR First Solar, Inc.

bearish track record → $306.79 +3.41 (+1.1%)
Mkt Cap $33B P/E 19.6 fwd 12.9 52wk $135.50 - $313.75 7d ago
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We disagree with Wall Street. Analyst consensus: bullish. Our position: bearish. Check the factor breakdown for details.
Insider selling: $7,829,515 sold by 11 insiders (30d)
Est. revisions: -32.3% (1 up, 18 down in 30d)
Factor Model (net -3.9)

Factor Model

net -3.9 6.4 / 10
Est. Revisions
-1.0
Insider Activity
+0.0
Momentum
-1.0
Analyst Rev.
-0.9
Narrative Gap
+0.0

First Solar posts record Q1 with strong margins

Watch: Watch Q2 earnings for updates on margin trajectory and progress at the new manufacturing facility.

First Solar reported a strong Q1 2026 featuring record revenue, record sales in India, and EBITDA exceeding previews, while maintaining a 30.7% net margin. The company trades at a reasonable 16.7x earnings with a clear path to capacity growth, planning a new South Carolina factory to boost capacity from 14 GW to 17+ GW by 2027. Margin expansion offsets revenue compression caused by its transition to higher efficiency modules.

This operational strength and margin expansion amid capacity upgrades position First Solar for sustained growth in a competitive solar market with improving profitability metrics.

Evidence

1d ago GLJ Research Upgrades First Solar (FSLR) to Buy yahoo-finance
5d ago GLJ Research up FSLR: Hold → Buy
7d ago Everyone writes off solar as speculative. First Solar has a 30% net margin and trades at 16x earnings. reddit-stocks
13d ago Alternative Energy Opportunities? reddit-investing
21d ago Do Wall Street Analysts Like First Solar Stock? yahoo-finance
23d ago Freedom Broker Upgrades First Solar (FSLR) to Buy yahoo-finance
28d ago Freedom Broker up FSLR: Hold → Buy
29d ago UBS main FSLR: Buy → Buy
7 older signals
29d ago Evercore ISI Group main FSLR: In-Line → In-Line
42d ago Citigroup main FSLR: Buy → Buy
42d ago Barclays main FSLR: Overweight → Overweight
44d ago Susquehanna Maintains Positive Rating on First Solar (FSLR)
47d ago Jim Cramer on First Solar: “This Stock’s Just Been Overlooked, I Think It’s Too Cheap”
48d ago Stocks making the biggest moves premarket: Bank of America, Morgan Stanley, Robinhood & more
51d ago First Solar (FSLR) Price Target Trimmed Following Rising Logistics Costs
Fundamentals & Data ▾
First Solar, Inc. Technology · Solar
Mkt Cap
$33B
P/E
19.6 fwd 12.9
Beta
1.56
52w Range
$135.50 - $313.75
Short Interest
8.7M 10.53%
Days to Cover
3.3 +32%
Technicals mixed
vs 20d MA
+27.6%
from 52w Hi
0.0%
Vol (20d)
57%
1w return
+23.3%
1m return
+61.0%
Vol ratio
1.3x
Insiders
selling 0B / 11S
Analysts
bullish 2 up / 0 down
EPS Estimate
$2.82 -32.3% 30d 1up / 18dn
Est. Dispersion
48% 20 analysts
Analyst Target
$244 $150 - $310
Options P/C
1.54
Insider Cluster
strong sell 0B / 11S
Fund Convergence
strong Citadel, D.E. Shaw, Renaissance, Bridgewater, Two Sigma
Financials
Revenue
$1.0B +24% YoY
FCF
$-333M
Gross Margin
47%
Op Margin
33%
Momentum: decelerating
Top Holders
Citadel $2.0B
D.E. Shaw $294M
Renaissance $20M
Bridgewater $12M
Two Sigma
Recent Filings & Data
insider trade 30
net selling · $7,829,515 sold
11 insiders · 30 transactions (30d)
Recent transactions
VERMA KUNTAL KUMAR · sell · $145,500
WIDMAR MARK R · sell · $1,899,802
WIDMAR MARK R · sell · $1,191,378
KORALEWSKI MICHAEL · other
VERMA KUNTAL KUMAR · other
BUEHLER PATRICK JAMES · sell · $50,673
KORALEWSKI MICHAEL · sell · $46,360
VERMA KUNTAL KUMAR · sell · $103,287
THEURER NATHAN B · sell · $2,803
SLOAN SAMANTHA L. · sell · $4,097
ANTOUN GEORGES J · sell · $122,047
STOCKDALE CAROLINE · sell · $56,495
WIDMAR MARK R · sell · $329,051
GLOECKLER MARKUS · sell · $90,565
BUEHLER PATRICK JAMES · other
THEURER NATHAN B · other
SLOAN SAMANTHA L. · other
ANTOUN GEORGES J · other
STOCKDALE CAROLINE · other
WIDMAR MARK R · other
GLOECKLER MARKUS · other
DYMBORT JASON E · sell · $88,193
BRADLEY ALEXANDER R. · sell · $107,384
DYMBORT JASON E · other
BRADLEY ALEXANDER R. · other
VERMA KUNTAL KUMAR · sell · $58,903
THEURER NATHAN B · sell · $6,763
DYMBORT JASON E · sell · $49,740
VERMA KUNTAL KUMAR · sell · $849,560
WIDMAR MARK R · sell · $2,626,914
analyst rating 2
GLJ Research up → Buy 5d ago
Freedom Broker up → Buy 28d ago
Track Record (1/1 correct) ▾

Direction History

1/1 correct at 5 days
2026-04-14 bearish -7.0% ✓
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15 signals · latest 1d ago

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