First Solar (FSLR) Fair Value & DCF

FSLR$179.10-1.88 -1.04%
SolarLarge CapValue StockGrowth StockHigh Quality
Compare
Market cap$19.25BEnterprise value$19.66BRevenue (TTM)$5.01BMarket positionTop 25%

Score

67
Bullish
Value
70
Quality
64
Growth
67

FSLR fair value $327.51. Price $179.10. Price is 45% below fair value.

Worked example

Cash-flow value $285.63 a share. The discount rate is 12.00% (beta 1.73, capped at 12%). It is beta-adjusted and capped at 12%.

Earnings value. Next-twelve-months earnings per share of $21.83 times 16.92 is $369.38. The peer group is Energy, 49 companies worth at least $10 billion. Peer median 12.9. Own 10-year median 21.0. The multiple used is the average of the two, kept between 8 and 30, which is 16.92.

Fair value is the average of the two, $327.51. The price is $179.10, which is 45.3% below fair value.

First Solar (FSLR) Fair Value & DCF

FSLR price $179.10 -1.88 -1.04%

Ticker
FSLR
Price
$179.10
Change
-1.88 -1.04%
Market cap
$19.25B
P/E
10.45
Forward P/E
8.29
Dividend yield
0.00%
Beta
1.71
Sector
Energy
Industry
Solar
Stocklytics score
67
Value
70
Quality
64
Growth
67

Stocklytics score rationale: value 70, quality 64, growth 67.

AI Score 85. First Solar, Inc. has a strong market capitalization of $20.9 billion and impressive profitability metrics, including a net profit margin of 37.1%

Fair value

FSLR fair value $327.51. Price $179.10. Price is 45% below fair value.

Below fair value, and cheaper than usual. A larger discount than on more than 99% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price.

Fair value blends a 10-year DCF and an earnings multiple: the average of the DCF value and an earnings value from next-twelve-months EPS times 16.9, a blend of the Energy median (12.9) and the stock's own 10-year median (21.0). How we calculate it →

Compare FSLR

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2027-02-23—5.21—1.47B
2026-10-295.304.671.23B1.29B
2026-07-303.922.901.06B1.06B
2026-04-303.223.031.04B1.03B
2026-02-244.845.141.68B1.57B
2025-10-304.244.241.59B1.58B
2025-07-313.182.661.10B1.04B
2025-04-291.952.49844.57M842.51M
2025-02-253.654.811.51B1.48B
2024-10-292.913.14887.67M1.06B
2024-07-303.252.691.01B939.71M
2024-05-012.201.99794.11M720.30M
2024-02-273.253.131.16B1.32B
2023-10-312.502.06801.09M1.32B
2023-07-271.590.96810.67M720.55M
2023-04-270.401.02548.29M654.42M
2023-02-28-0.07-0.181.00B1.00B
2022-10-27-0.46-0.23628.93M727.18M
2022-07-280.520.30620.96M614.09M
2022-04-28-0.41-0.41367.04M588.73M
2022-03-011.231.06907.32M917.69M
2021-11-040.420.59583.50M689.87M
2021-07-290.770.54629.18M629.18M
2021-04-291.961.00803.37M738.06M
2021-02-251.081.24609.23M726.40M
2020-10-271.450.61927.57M390.22M
2020-08-060.390.23642.41M422.16M
2020-05-070.850.27532.12M169.03M
2020-02-202.022.791.40B1.88B
2019-10-240.291.15546.81M2.17B
2019-08-01-0.18-0.02584.96M97.49M
2019-05-02-0.64-0.13531.98M116.37M
2019-02-210.490.64691.24M902.85M
2018-10-250.540.41676.22M513.43M
2018-07-26-0.46-0.02309.32M13.45M
2018-04-260.78-0.08567.26M58.18M
2018-02-22-0.25-0.32339.18M420.58M
2017-10-261.950.841.09B864.77M
2017-07-270.640.04623.33M38.96M
2017-05-020.25-0.13891.79M463.73M

Dividends

Yield 0.00%. Payout ratio 0.00%. Frequency —.

Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.

Ex-dateDividendRecordPaymentFrequency
No data yet.

Insider trades

DateInsiderActionSharesPriceValue
2026-10-01Gloeckler MarkusSell800$174.00139.20K
2026-09-30Ahearn Michael JBuy422——
2026-09-30POST WILLIAM JBuy300——
2026-09-30STEBBINS PAUL HBuy300——
2026-09-30Sweeney Michael TBuy300——
2026-09-30George Anita M.Buy300——
2026-09-30KRO LISA ABuy300——
2026-09-30Wright Norman L.Buy300——
2026-09-30RENDUCHINTALA VENKATA S MBuy300——
2026-09-30MORGAN CURTIS ABuy300——
2026-09-01Sloan Samantha L.Buy469——
2026-09-01Sloan Samantha L.Sell134$199.6526.75K
2026-09-01Sloan Samantha L.Sell469——
2026-09-01Gloeckler MarkusSell800$200.00160.00K
2026-08-17Sloan Samantha L.Sell127$222.9528.31K
2026-08-14Sloan Samantha L.Buy437——
2026-08-14Sloan Samantha L.Sell437——
2026-08-11Dymbort Jason E.Sell3.70K$249.38922.71K
2026-08-04Gloeckler MarkusSell829$248.00205.59K
2026-08-04Ahearn Michael JSell44.58K——
2026-08-03Gloeckler MarkusSell800$222.00177.60K
2026-08-03Gloeckler MarkusSell2.62K$218.02572.30K
2026-08-03Koralewski MichaelSell3.50K$218.02763.07K
2026-08-03Koralewski MichaelSell3.50K$225.00787.50K
2026-06-30Ahearn Michael JBuy313——
2026-06-30George Anita M.Buy223——
2026-06-30George Anita M.Sell67$235.9615.81K
2026-06-30KRO LISA ABuy223——
2026-06-30MORGAN CURTIS ABuy223——
2026-06-30POST WILLIAM JBuy223——
2026-06-30STEBBINS PAUL HBuy223——
2026-06-30Sweeney Michael TBuy223——
2026-06-30RENDUCHINTALA VENKATA S MBuy223——
2026-06-30Wright Norman L.Buy223——
2026-05-28Stockdale CarolineSell10.63K$275.602.93M
2026-05-26Widmar Mark RSell364$265.1596.51K
2026-05-26Widmar Mark RSell1.24K$266.60329.78K
2026-05-26Widmar Mark RSell628$267.72168.13K
2026-05-26Widmar Mark RSell1.01K$268.89271.31K
2026-05-26Widmar Mark RSell632$270.05170.67K
2026-05-26Widmar Mark RSell726$271.23196.91K
2026-05-26Widmar Mark RSell473$273.17129.21K
2026-05-26Widmar Mark RSell126$276.2934.81K
2026-05-22Widmar Mark RSell239$250.0259.75K
2026-05-22Widmar Mark RSell172$251.5343.26K
2026-05-22Widmar Mark RSell97$252.8724.53K
2026-05-22Widmar Mark RSell218$253.6355.29K
2026-05-22Widmar Mark RSell916$254.93233.52K
2026-05-22Widmar Mark RSell64$255.5916.36K
2026-05-22Widmar Mark RSell75$256.3219.22K
2026-05-22Widmar Mark RSell149$257.5538.37K
2026-05-22Widmar Mark RSell47$258.4812.15K
2026-05-21Verma Kuntal KumarSell582$250.00145.50K
2026-05-21Widmar Mark RSell672$240.10161.35K
2026-05-21Widmar Mark RSell362$241.4087.39K
2026-05-21Widmar Mark RSell136$244.6233.27K
2026-05-21Widmar Mark RSell229$246.2356.39K
2026-05-21Widmar Mark RSell98$247.5324.26K
2026-05-21Widmar Mark RSell179$248.8044.54K
2026-05-21Widmar Mark RSell1.13K$249.70282.41K
2026-05-21Widmar Mark RSell472$250.61118.29K
2026-05-21Widmar Mark RSell569$251.64143.18K
2026-05-21Widmar Mark RSell261$254.2966.37K
2026-05-21Widmar Mark RSell179$255.3145.70K
2026-05-21Widmar Mark RSell6$256.961.54K
2026-05-21Widmar Mark RSell521$243.19126.70K
2026-05-13MORGAN CURTIS AOther0——
2026-05-13Widmar Mark RSell1.30K$240.02312.03K
2026-05-13Verma Kuntal KumarSell1.46K$240.00349.20K
2026-05-11Widmar Mark RSell1.50K$230.18345.27K
2026-05-11Widmar Mark RSell1.03K$231.53237.55K
2026-05-11Widmar Mark RSell2.26K$232.55526.03K
2026-05-11Widmar Mark RSell1.88K$233.56438.39K
2026-05-11Widmar Mark RSell1.50K$234.84351.79K
2026-05-11Widmar Mark RSell1.36K$235.69321.25K
2026-05-11Widmar Mark RSell400$236.5394.61K
2026-05-11Verma Kuntal KumarSell1.86K$225.00419.40K
2026-05-11Verma Kuntal KumarSell352$230.0080.96K
2026-05-06Verma Kuntal KumarSell270$218.1658.90K
2026-05-06Theurer Nathan B.Sell31$218.166.76K
2026-05-06Dymbort Jason E.Sell228$218.1649.74K
2026-05-05ANTOUN GEORGESSell566$215.63122.05K
2026-05-05Bradley Alexander R.Sell498$215.63107.38K
2026-05-05Koralewski MichaelSell215$215.6346.36K
2026-05-05Buehler Patrick JamesSell235$215.6350.67K
2026-05-05Dymbort Jason E.Sell409$215.6388.19K
2026-05-05Gloeckler MarkusSell420$215.6390.56K
2026-05-04ANTOUN GEORGESBuy1.36K——
2026-05-04ANTOUN GEORGESSell1.36K——
2026-05-04Bradley Alexander R.Buy1.21K——
2026-05-04Bradley Alexander R.Sell1.21K——
2026-05-04Koralewski MichaelBuy518——
2026-05-04Koralewski MichaelSell518——
2026-05-04Buehler Patrick JamesBuy553——
2026-05-04Buehler Patrick JamesSell553——
2026-05-04Dymbort Jason E.Buy968——
2026-05-04Dymbort Jason E.Sell968——
2026-05-04Gloeckler MarkusBuy968——
2026-05-04Gloeckler MarkusSell968——
2026-05-04Sloan Samantha L.Buy44——

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 1.10K, holders +54 vs prior quarter. Ownership 93.75%.

HolderSharesChangeChange %Value
BLACKROCK, INC.14.03M207.99K+1.50%3.31B
SUSQUEHANNA INTERNATIONAL GROUP, LLP7.37M1.70M+30.06%1.74B
VANGUARD CAPITAL MANAGEMENT LLC6.84M48.01K+0.71%1.61B
VANGUARD PORTFOLIO MANAGEMENT LLC5.64M-58.44K-1.03%1.33B
STATE STREET CORP5.58M291.41K+5.51%1.32B
JANE STREET GROUP, LLC5.48M686.80K+14.32%1.29B
SUSQUEHANNA INTERNATIONAL GROUP, LLP5.24M-422.60K-7.46%1.24B
JANE STREET GROUP, LLC4.76M-38.40K-0.80%1.12B
CITADEL ADVISORS LLC4.44M2.37M+115.23%1.05B
CAPITAL WORLD INVESTORS4.11M4.11MNew970.89M
GEODE CAPITAL MANAGEMENT, LLC3.11M2.78K+0.09%733.06M
HILL CITY CAPITAL, LP2.63M450.59K+20.69%620.13M
INVESCO LTD.2.60M-57.31K-2.16%613.37M
CITADEL ADVISORS LLC2.31M245.00K+11.89%544.08M
FMR LLC2.18M370.78K+20.50%514.21M
MORGAN STANLEY1.79M108.11K+6.43%422.49M
AMUNDI1.73M-318.77K-15.55%408.34M
WALLEYE TRADING LLC1.70M938.20K+123.61%400.47M
NORGES BANK1.60M1.60MNew377.19M
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC1.54M100.69K+7.02%362.40M
DIMENSIONAL FUND ADVISORS LP1.36M53.50K+4.10%320.64M
D. E. SHAW & CO., INC.1.32M794.43K+151.32%311.33M
BNP PARIBAS ASSET MANAGEMENT HOLDING S.A.1.30M-379.96K-22.59%307.19M
CLEAN ENERGY TRANSITION LLP1.28M-148.35K-10.40%301.61M
NORTHERN TRUST CORP1.26M-125.91K-9.05%298.42M

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