First Solar, Inc. (FSLR) fair value analysis
S&P 500 · Updated 2026-10-19
FSLR price how computed
Forward Fair Value verdict
UndervaluedFSLR is trading at more than a 25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $177.82
- Sector
- Technology
- 12-month range
- $172.11–$318.25
- Market cap
- $19.1B
- From 52-week high
- -44.1%
- Shares outstanding
- 107M
- Rank in Technology by discount to fair value
- #9 of 181
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
First Solar, Inc. manufactures thin-film photovoltaic solar modules and provides related solar energy solutions for utility-scale power generation projects. The company operates globally, with manufacturing facilities and operations across North America, Europe, and Asia.
FSLR currently ranks #9 of 181 Technology stocks by discount to fair value. It has screened as Undervalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $19.1B
- P/E (trailing)
- 11x
- Revenue (TTM)
- $5.38B
- Net margin
- 32.5%
- EPS (TTM)
- $16.22
- Gross margin
- 57.3%
- Debt / equity
- 0.02
- Revenue growth (3-yr avg)
- 10.6%
- Shares outstanding
- 107M
Derived indicators how computed
- Quality grade
- A
- Margin trend
- Expanding
- 52-week position
- The bottom quarter of its range
Technicals how computed
- RSI (14-day)
- 33 · neutral
- 50-day average
- $199.61
- 200-day average
- $219.83
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Earnings how computed
- Next earnings report
- 2026-10-29 (post-market)
- Last 8 quarters vs consensus
- 3 beat, 5 missed
- Quarter by quarter
- 2026-06 ▲ beat (+43.1%)
2026-03 ▲ beat (+8.8%)
2025-12 ▼ miss (-6.0%)
2025-09 ▼ miss (-1.2%)
2025-06 ▲ beat (+18.7%)
2025-03 ▼ miss (-21.1%)
2024-12 ▼ miss (-22.1%)
2024-09 ▼ miss (-7.6%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 26 buy · 9 hold · 1 sell (36 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $274
- Target vs last price
- +54.1%
What our data shows for FSLR
- Our model validated 13 trailing price-to-earnings windows for FSLR, built from quarterly earnings records.
- Shares are trading in the lower third of their 12-month price range of $172.11–$318.25.
- The 14-day relative strength index sits at a neutral 33.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for FSLR
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent FSLR news
TickrTrends' derived news-sentiment signal for FSLR is currently leaning positive, computed from recent coverage.
- First Solar (FSLR) Has a Huge Backlog. Will New Orders Deliver the Cash? (insidermonkey.com, 2026-10-19)
TickrTrends take: First Solar's substantial backlog represents a significant revenue pipeline that should support near-term financial performance, which is particularly relevant given TickrTrends' current undervalued assessment of the company. The critical question for valuation investors is whether the company can convert this backlog into strong cash generation and profitability, as order books alone do not guarantee margin expansion or shareholder value creation. Monitoring how effectively FSLR monetizes its backlog and manages operational execution will be essential to determining whether the current undervalued designation proves justified. - Is First Solar Inc (FSLR) a Bargain After 3.5% Drop? GF Value Says Undervalued (gurufocus.com, 2026-10-16)
TickrTrends take: First Solar Inc operates in the Technology sector and has experienced a recent decline in share price. TickrTrends currently assesses the company as undervalued, a view that aligns with the valuation analysis referenced in the headline. Investors focused on valuation metrics should monitor whether this pricing dislocation persists or if the market reprices the stock to reflect its underlying asset value. - First Solar Inc (FSLR) Stock Up 3.8% and Still Undervalued -- GF Score: 90/100 (gurufocus.com, 2026-10-13)
TickrTrends take: First Solar Inc operates in the Technology sector and has demonstrated strong fundamental quality according to its GF Score rating. TickrTrends currently identifies the stock as undervalued, and the recent stock movement suggests the market may be beginning to recognize value in the company even though valuation metrics still favor a buying opportunity. Investors focused on valuation should monitor whether this upward price movement continues to close the gap between current market pricing and intrinsic value estimates.
More FSLR news
- First Solar (FSLR) Shares Rise on Truist Upgrade and Positive Outlook (gurufocus.com, 2026-10-12)
- First Solar: A Good Entry Point With Potential Midterms Catalysts (NASDAQ:FSLR) (seekingalpha.com, 2026-10-12)
What people are saying
Follow the FSLR conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — TickrTrends' quality grade for FSLR improved from C to A this week, reflecting an enhancement in the company's derived indicator scores. With the current valuation verdict remaining at Undervalued, the Technology sector company shows strengthened fundamentals according to the tracking metrics.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is FSLR stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), FSLR is trading at more than a 25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is FSLR's TickrTrends verdict?
FSLR's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does FSLR compare to other Technology stocks?
FSLR ranks #9 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is FSLR overbought or oversold?
FSLR's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does FSLR report earnings next?
FSLR's next earnings report is scheduled for 2026-10-29 (post-market), per the published earnings calendar.
Does FSLR usually beat earnings estimates?
Over its last 8 reported quarters FSLR beat the consensus estimate 3 times and missed 5 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about FSLR?
Of 36 analysts covering FSLR, 26 rate it a buy, 9 a hold and 1 a sell - buy-leaning, with a consensus price target of $274 (+54.1% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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