Insider buying last 90 days
No open-market insider purchases were filed for FSLR in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every FSLR insider filing, plotted on the chart in Gekko.Open FSLR in Gekko
NASDAQ: FSLR
First Solar (FSLR) Stock Analysis & Forecast
Sep 28 close
$172.97−4.74 (−2.7%)
Gekko Brief
AI summaryFirst Solar shares fell this week amid a cluster of related developments. The company said it intends to withdraw a Section 337 complaint with the U.S. International Trade Commission while continuing its TOPCon patent lawsuits in federal court against competitors, and KeyBanc upgraded the stock to Sector Weight from Underweight, a valuation-driven call following a 32% year-to-date decline rather than a change in fundamental view, with KeyBanc noting continued pressure on module pricing. Other coverage tied the stock's approach toward a 52-week low to rising U.S. Treasury yields, which raise financing costs for large-scale solar projects, alongside broader policy and legal uncertainty in the renewables sector.
The stock closed at $172.97, down 2.7% on the day, and sits below both its 50-day average of $210.06 and 200-day average of $225.97, with the 50-day below the 200-day. It trades near its 52-week low of $170.80. The GekkoIndex reads 71.8, placing it in the Buying zone, while the gap to Gekko Fair Value of $234.57 stands at -26.3%.
Earnings are scheduled for 29 October 2026, after close, 30 days out and beyond a typical 20-day holding window. In the last 90 days, Congress recorded 2 buys and 0 sells, and the last 30 days show 2 unusual options signals, with put premium of $20,415,793 against call premium of $3,139,208. Seasonality over the next 20 trading days has averaged -0.6% across 5 years, rising in 2 of them.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
First Solar price vs fair value
Close $172.97200-day averageGekko Fair Value $234.57
First Solar quick facts
- Market cap
- $18.59B
- P/E ratio
- 11
- Forward P/E
- 8.4
- EPS, TTM
- $16.22
- Revenue, TTM
- $5.38B
- Profit margin
- 32.5%
- Dividend yield
- —
- Beta
- 1.73
- Volume
- 2.24M avg 2.45M
- 1-year return
- −22.5%
- Typical daily move
- ±6.2%
- Typical 20-day move
- ±9.3%
- 50-day average
- $210.06
- 200-day average
- $225.97
- Next earnings
- Oct 29 after close
- Shares outstanding
- 107.5M
First Solar swing-trade checklist
First Solar scores 3 supportive, 1 mixed and 2 headwinds across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive1 mixed2 headwinds
- Trendheadwind
Below 50 and 200-day
Close $172.97 is below the 50-day ($210.06) and 200-day ($225.97) averages, and the 50-day is below the 200-day.
See the chart - GekkoIndexsupportive
71.8, Buying
Reading 71.8 is in the Buying zone.
See the GekkoIndex - Fair valuesupportive
26.3% below
Price is 26.3% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneymixed
Mixed
Last 90 days: Congress 2 buys / 0 sales. Last 30 days: 2 unusual options signals.
See smart money - Earnings risksupportive
Reports in 30 days
Next report Oct 29, 2026, 30 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalityheadwind
−0.6% on average
From this point in the calendar, the next 20 trading days averaged −0.6% over 5 years, rising in 2 of them.
See seasonality
A description of current data, not a recommendation. How this page works
First Solar stock chart and price history
First Solar closed at $172.97 on Sep 28, 2026, −22.5% over the past year, inside a 52-week range of $170.80 to $320.95.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −17.7%
- 3 months
- −25.7%
- 6 months
- −9.1%
- 1 year
- −22.5%
The full FSLR chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open FSLR in Gekko
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About First Solar
First Solar makes photovoltaic panels that turn sunlight into electricity, using cadmium telluride technology rather than the silicon-based cells common elsewhere in the industry. The company designs, builds, and sells these solar modules across a number of countries, including the United States, Japan, France, Canada, India, and Australia. It is known for this thin-film panel approach to solar power generation.
Its customers include developers and operators of solar systems, utility providers, independent power producers, and commercial and industrial firms that own or run their own energy systems. The business centers on manufacturing and selling these modules to the parties who install and operate them.
First Solar was founded in 1999 and is headquartered in Tempe, Arizona. It was previously known as First Solar Holdings, Inc. before adopting its current name in 2006. Its shares are listed on the NASDAQ under the ticker FSLR.
- Listed
- NASDAQ
- Sector
- Electronic technology
- Industry
- Semiconductors
- Website
- firstsolar.com
First Solar GekkoIndex: the smart money zone
First Solar’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 71.8, in the Buying zone, up 7.8 points over five sessions.
71.8Buying
Up 7.8 points over five sessions, from the Accumulation zone.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying (current zone) | 26 | +2.4% | +0.8% | ||
| Accumulation | 257 | +0.4% | −0.4% | ||
| Neutral | 354 | +0.7% | +4.6% | ||
| Distribution | 28 | −2.7% | −6.9% | ||
| Selling | 7 | Too few readings yet | |||
Average FSLR share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.
Buying zone: Smart money likely accumulating heavily. About the five zones →
See every daily GekkoIndex reading plotted over the FSLR price, zone by zone.Track FSLR in Gekko
Is First Solar stock overvalued? Gekko Fair Value
First Solar trades 26.3% below Gekko Fair Value of $234.57, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what First Solar shares are worth, recalculated every trading day.
$234.57
Gekko Fair Value, Sep 29, 2026
26.3% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open FSLR in Gekko
First Solar insider and Congress trading
No open-market insider purchases were filed for First Solar, and members of Congress disclosed 2 purchases and 0 sales, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
2trades disclosed: 2 purchases and 0 sales.
| Member | Amount | Disclosed |
|---|---|---|
| John Boozman Senate, AR, purchase | $1,001 - $15,000 | Sep 11 traded Aug 13 |
| Ro Khanna House, CA, purchase | $1,001 - $15,000 | Sep 7 traded Aug 10 |
From congressional disclosures, which report amounts as ranges.
Buybacks
First Solar has been buying back its own shares.
- Bought back, quarter ended Mar 31, 2026
- $174K
- As a share of market cap
- 0.00%
- Trailing four quarters
- $278K
From company filings.
Unusual options activity last 30 days
2signals, 13% of the flagged premium in calls.
Latest: Bullish flow on Sep 17, $9.14M in unusual premium.
Hedge funds and billionaires quarter ended Jun 30
1of the funds Gekko tracks holds FSLR.
0added1opened0trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko
First Solar earnings: next date and track record
First Solar reports on Oct 29, 2026, after the close (30 days away), and beat the EPS estimate in 2 of its last 8 reports.
Next earnings report
Oct 29, 2026
Expected after the close, 30 days away
- EPS estimate
- $4.67
- Revenue estimate
- $1.28B
2 of 8reports beat the EPS estimate
±7.5%average move across the report
5 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 30, 2026 AI summary
- What they said
- First Solar delivered record Q2 and first-half sales volume, generating over $1 billion in net sales with ~57% gross margin and strong adjusted EBITDA. The company surpassed 100 gigawatts of cumulative module sales globally and holds 45.1 GW of contract backlog extending through decade-end. US manufacturing operates at high utilization; South Carolina finishing facility Phase 1 remains on track for H2 2026, while Phase 2 shifts to mid-2027 to incorporate CuRe technology.
- Guidance
- South Carolina finishing facility Phase 1 expected to begin production in H2 2026; Phase 2 completion revised to mid-2027. Perovskite pilot line targeting operational readiness in H1 2027. International manufacturing utilization remains uncertain pending Section 232 tariff policy clarity.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 30, 2026 | $3.92 est $2.74 | $1.06B est $1.06B | +5.9% |
| Apr 30, 2026 | $3.22 est $4.40 | $1.04B est $1.03B | +11.1% |
| Feb 24, 2026 | $4.84 est $5.15 | $1.68B est $1.57B | −13.2% |
| Oct 30, 2025 | $4.24 est $4.24 | $1.59B est $1.58B | +10.4% |
| Jul 31, 2025 | $3.18 est $2.81 | $1.10B est $1.04B | +2.7% |
| Apr 29, 2025 | $1.95 est $2.49 | $844.6M est $842.5M | −10.6% |
| Feb 25, 2025 | $3.65 est $4.69 | $1.51B est $1.48B | +2.6% |
| Oct 29, 2024 | $2.91 est $3.14 | $887.7M est $1.06B | −3.7% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
First Solar stock forecast and analyst price targets
Analysts’ average 12-month price target for First Solar is $272.10, +57.3% from the last close, from 28 firms rating the stock in the last 90 days.
$272.10consensus 12-month target, +57.3% from the last close
Now $172.97Avg $272.10
Low $185High $330
Each firm’s latest rating in the last 90 days: 28 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 27 | KeyBanc | — | — |
| Sep 23 | Morgan Stanley | $323 | +86.7% |
| Sep 22 | GLJ Research | $250 | +44.5% |
| Sep 21 | Roth MKM | — | — |
| Sep 9 | DZ BANK AG | $185 | +7.0% |
+0.8%average 20-day move after past Buying readings
−0.6%average move over the next 20 trading days in the last 5 years
±6.2%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
First Solar seasonality: the next 20 trading days
Over the next 20 trading days from Sep 26, First Solar averaged −0.6% across the last 5 years, rising in 2 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +0.3% | 2 of 5 |
| Next 10 trading days | −0.1% | 3 of 5 |
| Next 15 trading days | −1.9% | 2 of 5 |
| Next 20 trading days | −0.6% | 2 of 5 |
| Next 30 trading days | +5.3% | 3 of 5 |
For scale, FSLR’s typical 20-trading-day move in either direction is about 9.3%.
First Solar market cap and key statistics
First Solar’s market cap is $18.59B, with a P/E ratio of 11 and revenue of $5.38B over the last twelve months.
Valuation
- Market cap
- $18.59B
- P/E ratio
- 11
- Forward P/E
- 8.4
- EPS, TTM
- $16.22
- Gekko Fair Value
- $234.57
Trading
- Volume
- 2.24M
- Avg volume, 20 days
- 2.45M
- 52-week high
- $320.95
- 52-week low
- $170.80
- Shares outstanding
- 107.5M
Financials
- Revenue, TTM
- $5.38B
- Profit margin
- 32.5%
- Return on equity
- 18.5%
- Quarterly earnings growth, YoY
- +23.3%
Risk and income
- Beta
- 1.73
- Typical daily move
- ±6.2%
- Typical 20-day move
- ±9.3%
First Solar stock news this week
Coverage of First Solar this week reads neutral: 6 positive, 9 neutral and 7 negative headlines.
- First Solar stock last trades at USD 172.97 on September 28, 2026AD HOC NEWS, Sep 28
- First Solar stock falls 2.52 percent as KeyBanc lifts ratingAD HOC NEWS, Sep 28
- First Solar upgraded at KeyBanc as valuation limits downside (FSLR:NASDAQ)Seeking Alpha, Sep 28
- This First Solar Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For MondayBenzinga, Sep 28
- Here Are Monday’s Top Wall Street Analyst Research Calls: Applied Digital, Autodesk, Datadog, First Solar, L3Harris Technologies, PepsiCo, Roblox, Snowflake, TeraWulf and MoreYahoo Finance, Sep 28
- First Solar Shares Rise After KeyBanc Removes Underweight RatingYahoo Finance, Sep 28
First Solar peers
First Solar’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| NVDANVIDIA | Neutral | 13.2% below |
| AVGOBroadcom | Accumulation | 2.3% below |
| MUMicron Technology | Neutral | 4.7% above |
| AMDAdvanced Micro Devices | Neutral | 19.9% above |
| INTCIntel | Neutral | 19.1% above |
| TXNTexas Instruments | Neutral | 7.4% above |
A peer links to its own page where one exists.
First Solar stock FAQ
What is First Solar’s market cap?
First Solar’s market cap is $18.59B at the Sep 28, 2026 close of $172.97, with 107.5M shares outstanding. The shares trade on a P/E ratio of 11.
What is the First Solar stock forecast?
The consensus analyst 12-month price target for First Solar is $272.10, +57.3% from the last close. Of the 28 firms that rated the stock in the last 90 days, 21 rate it a buy, 6 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.
Is First Solar stock overvalued or undervalued?
On Gekko’s estimate First Solar is undervalued: the Sep 28, 2026 close of $172.97 is 26.3% below Gekko Fair Value of $234.57. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does First Solar report earnings next?
First Solar is expected to report on Oct 29, 2026, after the market closes (30 days away). Analysts expect earnings of $4.67 per share on revenue of $1.28B. First Solar beat the earnings estimate in 2 of its last 8 reports, moving 7.5% on average across the report.
What is First Solar’s 52-week high and low?
First Solar’s 52-week high is $320.95 and its 52-week low is $170.80; it closed at $172.97 on Sep 28, 2026, −22.5% over the past year.
Is First Solar stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (gekkoindex, fair value and earnings risk), 1 as mixed (smart money) and 2 as headwinds (trend and seasonality). The checklist is a description of current data, not a recommendation.
Is there unusual options activity in First Solar?
Gekko flagged 2 unusual options signals in First Solar over the last 30 days, with $3.14M of flagged premium in calls and $20.42M in puts. The latest, bullish flow, was on Sep 17, 2026 with $9.14M in unusual premium. The signal-by-signal table is in Gekko.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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