First Solar, Inc. (FSLR) Stock Analysis
Momentum Cont setup
Technology · Solar
Sell if holding. At $229.56, A.R:R is negative (-0.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: United States (96.0%); Concentration risk — Supplier: CdTe, tellurium, and substrate glass.
First Solar is the largest thin-film CdTe PV solar module manufacturer in the Western Hemisphere, with facilities in the U.S., Malaysia, Vietnam, and India. Revenue comes from module sales to utilities, developers, and commercial customers; the U.S. accounted for 96% of 2025 net... Read more
Sell if holding. At $229.56, A.R:R is negative (-0.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: United States (96.0%); Concentration risk — Supplier: CdTe, tellurium, and substrate glass. Chart setup: Trend continuation, RSI 68, MACD bullish. Score 6.4/10, moderate confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 71d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent Developments — First Solar, Inc.
Latest news
- First Solar Inc. stock outperforms competitors despite losses on the day - MarketWatch — MarketWatch positive
- First Solar (FSLR) Set to Report Q1 Earnings Amid Market Challen - GuruFocus — GuruFocus neutral
- First Solar (NASDAQ:FSLR) Stock Rating Upgraded by Zacks Research - MarketBeat — MarketBeat positive
- First Solar (FSLR) Q1 Earnings Report Preview: What To Look For - StockStory — StockStory neutral
- First Solar (FSLR) Rises Higher Than Market: Key Facts - Yahoo Finance — Yahoo Finance positive
Generated 2026-05-20T21:06:21Z.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicUnited States96%10-K Item 1: 'Multiple markets within the United States, which accounted for 96% of our 2025 net sales'
- HIGHSupplierCdTe, tellurium, and substrate glass10-K Item 1A: 'Several of our key raw materials and components, in particular CdTe, tellurium, products containing tellurium, and substrate glass... are either single-sourced or sourced from a limited number of suppliers'
Material Events(8-K, last 90d)
- 2026-02-19Item 1.02MEDIUMFirst Solar terminated its prior credit arrangements and on February 13, 2026 entered a new $1.5B senior unsecured revolving credit facility with JPMorgan Chase as administrative agent. No reason cited beyond routine refinancing.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
1 ceiling hit
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $229.56, A.R:R is negative (-0.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: United States (96.0%); Concentration risk — Supplier: CdTe, tellurium, and substrate glass. Chart setup: Trend continuation, RSI 68, MACD bullish. Prior stop was $213.48. Score 6.4/10, moderate confidence.
Take-profit target: $236.02 (+2.8% upside). Prior stop was $213.48. Stop-loss: $213.48.
Concentration risk — Geographic: United States (96.0%); Concentration risk — Supplier: CdTe, tellurium, and substrate glass; Analyst target reached - limited upside remaining.
First Solar, Inc. trades at a P/E of 14.3 (forward 9.4). TrendMatrix value score: 7.4/10. Verdict: Sell.
48 analysts cover FSLR with a consensus score of 3.7/5. Average price target: $243.
What does First Solar, Inc. do?First Solar is the largest thin-film CdTe PV solar module manufacturer in the Western Hemisphere, with facilities in...
First Solar is the largest thin-film CdTe PV solar module manufacturer in the Western Hemisphere, with facilities in the U.S., Malaysia, Vietnam, and India. Revenue comes from module sales to utilities, developers, and commercial customers; the U.S. accounted for 96% of 2025 net sales driven by IRA-related domestic demand. Its non-Chinese supply chain and 45X manufacturing tax credits are key competitive moats.