FSLR — First Solar Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About First Solar Inc

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$273.67
Market Cap$26.74B
Float101.6M
Shares Outstanding107.5M
P/E (Forward)15.24
P/E (TTM)16.08
Price/Sales (TTM)4.94
vs. Analyst Target-11.1% to analyst PT
Profit Margin30.73%
Operating Margin (TTM)33.07%
Revenue (TTM)$5.42B
Earnings Growth (YoY)65.10%
Dividend RateNone
Analyst Target Price$243.22 (37 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $2.71B $398M $681M $550M
2021 $2.92B $469M $730M $845M
2022 $2.62B -$44.2M $69.9M $291M
2023 $3.32B $831M $1.30B $1.21B
2024 $4.21B $1.29B $1.86B $1.87B
2025 $5.22B $1.53B $2.12B $2.21B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $1.10B $342M
Sep 2025 $1.59B $456M
Dec 2025 $1.68B $521M
Mar 2026 $1.04B $347M

Ownership & Float

Insider Ownership5.4%
Institutional Ownership94.3%
Short Float7.6%
% of All Funds Holding11.06%
Number of Funds Holding909

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$216.98Near-term / short-term trend
Weekly40-Week SMA$229.48Medium-term trend
Weekly80-Week SMA$197.33Cyclical trend (business cycle)
Weekly200-Week SMA$187.34Secular trend (multi-year)
Monthly10-Month SMA$231.23Near-term monthly trend
Monthly20-Month SMA$196.83Medium-term monthly trend
Monthly40-Month SMA$194.12Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$201.00 support 1.03x 0 months ago
$128.00 support 1.96x 11 months ago

Historical Earnings Reactions (78 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.08% -0.95% 47.44% 32.35% -18.78%
1 Day 0.71% -0.78% 46.15% 34.29% -21.81%
1 Week 0.14% -2.89% 39.74% 46.62% -29.12%
2 Weeks 0.36% -1.90% 46.15% 45.20% -26.89%
1 Month 1.59% 1.06% 51.95% 53.15% -43.17%

Next earnings: July 19, 2026 (52 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-1.5%40.0%20
Feb0.1%40.0%20
Mar4.4%75.0%20
Apr6.2%50.0%20
May1.9%42.1%19
Jun1.7%57.9%19
Jul5.8%52.6%19
Aug1.2%47.4%19
Sep-1.1%52.6%19
Oct3.8%52.6%19
Nov3.2%57.9%19
Dec0.7%60.0%20

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.14% 53.2% 920
Tuesday 0.18% 49.8% 1009
Wednesday 0.16% 52.2% 1007
Thursday 0.08% 49.8% 987
Friday 0.03% 47.5% 984

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 94.3%

Insider Transactions — Smart Summary

Total insider ownership: 5.4%

12-Month Insider Activity Summary

Total Filings70
Net Value-$41.5M
Net Shares Change-86,911
% of Float-0.1%
C-Suite Filings68
Clusters Detected5

Key Insiders

NameTitleNet ValueFilingsActivity
Widmar Mark R Chief Executive Officer -$1.8M 2 2 sell
Verma Kuntal Kumar Chief Manufacturing Officer -$935,095.14 2 2 sell
Gloeckler Markus Chief Technology Officer -$923,287.25 2 2 sell
Dymbort Jason E. General Counsel and Secretary -$889,698.69 2 2 sell
Koralewski Michael Chief Supply Chain Officer -$260,586.9 1 1 sell
Buehler Patrick James Chief Product Officer -$132,680.92 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-05-29 – 2025-06-04 3 3 -$2.2M 3 C-suite
2025-08-14 – 2025-08-20 4 3 -$6.2M 4 C-suite
2025-11-06 – 2025-11-10 3 3 -$13.0M 1 C-suite
2026-03-03 – 2026-03-17 38 11 -$14.9M 38 C-suite
2026-05-05 – 2026-05-13 16 11 -$4.6M 16 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-05 Widmar Mark R Chief Executive Officer -$329,051.38 Transaction at $215.63, now +26.9%
2026-03-03 Widmar Mark R Chief Executive Officer -$1.5M Transaction at $195.93, now +39.7%
2026-03-10 Verma Kuntal Kumar Chief Manufacturing Officer -$263,838.96 Transaction at $190.36, now +43.8%
2026-03-10 Gloeckler Markus Chief Technology Officer -$252,227 Transaction at $190.36, now +43.8%
2026-03-10 Dymbort Jason E. General Counsel and Secretary -$248,419.8 Transaction at $190.36, now +43.8%
2026-03-10 Buehler Patrick James Chief Product Officer -$132,680.92 Transaction at $190.36, now +43.8%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for First Solar Inc (FSLR) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for FSLR on Trend Edge →