First Solar, Inc.
FSLRTechnology · Solar · NASDAQ
$243.63
P/E 13.7×
First Solar, Inc. is a global provider of photovoltaic (PV) solar energy solutions, operating in numerous international markets including the United States, Japan, France, Canada, India, and Australia. The company's primary activity involves the engineering, manufacturing, and sale of cadmium telluride solar modules, which are designed to convert solar radiation directly into electricity. Its clientele is broad, serving system developers and operators, utility companies, independent power producers, commercial and industrial businesses, and various other system owners. Founded in 1999, the firm is based in Tempe, Arizona, and underwent a name change in 2006 from its former designation, First Solar Holdings, Inc.
Investor model analysis
Details lockedIntrinsic Value (DCF)
Warren Buffett's valuation model · select an investor above to switch
Intrinsic Value
████
Buy Below
████
Strong Buy
████
Margin of Safety
████
Unlock buy targets with a free account
Get startedCreate a free account to see buy targets, full checklists & risk analysis Get started
Scenario analysis
Bear, base & bull
Three growth assumptions, three fair values — and where today's price lands
What's working
Key strengths
Identified by Buffett framework analysis
Company financials
5-Year Financials
Income statement highlights — annual, USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $5.2B | $4.2B | $3.3B | $2.6B | $2.9B |
| Rev. Growth | — | -19.4% | -21.1% | -21.1% | +11.6% |
| Net Income | $1.5B | $1.3B | $831M | -$44M | $469M |
| Net Margin | 29.3% | 30.7% | 25.0% | -1.7% | 16.0% |
| EPS (Diluted) | $14.25 | $12.07 | $7.78 | $-0.41 | $4.41 |
| Free Cash Flow | ████ | ████ | ████ | ████ | ████ |
Full analysis included
See the complete picture for FSLR
Exact buy targets, margin of safety, detailed investor checklists, and risk breakdown — all frameworks, all numbers.
Free: 3 analyses/month · Pay per stock: $4.99 · Pro: $19.99/mo
Educational Use Only · Not Financial Advice
Analysis, scores, valuations, and buy zones are derived from publicly documented investor frameworks (Buffett, Lynch, Benjamin Graham, Phil Town) for learning purposes only. They are not recommendations from licensed financial advisors. Past performance does not guarantee future results. Prices may be delayed up to 15 minutes. Always conduct your own research before making any investment decisions.