← boothcheck All Stocks

FSLR

First Solar, Inc.

At today's price, First Solar, Inc. (FSLR) is priced for +13.0% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+13.0% growth
Priced In
within-range

Key Takeaways

• First Solar makes thin-film solar panels using a cadmium-telluride technology distinct from the crystalline-silicon panels that dominate the industry, and it just posted record quarterly revenue of $1 billion with a 47% gross margin and net income up 65% to $347 million [Source: Q1 2026 results, April 2026]. • The biggest swing factor is U.S. trade and tax policy: the value of First Solar's domestic manufacturing depends on tariffs and tax credits, and the company is holding back on new bookin

View Full Report →

Is FSLR overvalued? See what's priced in →

Institutional ownership

938 institutional managers reported holding FSLR in 13F filings for the quarter ended 2026-03-31. Together they hold about 87% of the company; the top 10 hold 46%. 112 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 8.5M shares were sold short as of the 2026-06-15 count, about 8% of shares outstanding (3.2 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

FSLR's share count grew 1% over the past five years. It pays no dividend.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at FSLR over the trailing three years. Absence is a fact about the company, not a signal. 21 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

FSLR's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-07-28+5.6%-22.5%
2023-11-01+4.8%+17.2%
2024-02-28+3.2%+19.0%
2024-05-02+2.4%+28.0%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

FSLR's latest 8-K filings: 2026-05-15 (items 5.07); 2026-04-30 (items 2.02, 9.01); 2026-02-24 (items 2.02, 9.01); 2026-02-19 (items 1.01, 1.02, 2.03, 9.01); 2025-10-30 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

Compare FSLR

Browse all stock reportsOpen the screener

Last analyzed: July 3, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.