First Solar

FSLR · NASDAQ · USD

$172.11Change from previous close: −1.74%Absolute change: −$3.05

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$18.5B
Enterprise value
$16.96B
P/E (trailing 12 months)
10.8
Forward P/E
7.41
PEG
0.33
Price/book
1.79
Price/sales
3.44
EV/EBITDA
7.11
EV/revenue
3.15

Profitability and growth

Gross margin
44.0%
Operating margin
42.6%
Net margin
32.5%
ROE
18.5%
ROA
8.6%
Revenue growth (year over year)
-3.7%
Earnings growth (year over year)
23.3%

Financial health

Total cash
$1.73B
Total debt
$194.01M
Debt/equity
0.02
Current ratio
2.52
Quick ratio
1.70

Dividends

Payout ratio
0.0%

Analysts and estimates

Average price target
$275.87
Median price target
$274.50
High price target
$402.00
Low price target
$197.00
Analysts with a price target
30
Consensus
Buy
Forward EPS
$23.21
EPS estimate, current year
$17.47

Shares and trading

Beta
1.73
Average volume
2.26M
Shares outstanding
107.47M
Float
101.66M
Institutional ownership
96.5%
Insider ownership
5.4%
Short interest (% of float)
12.8%
Short ratio (days)
5.65