First Solar, Inc. remains a compelling buy, trading at attractive 2026E/2027E EV/EBITDA multiples with robust U.S. manufacturing and a strong order book. FSLR's valuation reflects both its scale and visibility, but policy risk—especially reliance on the 45X tax credit—remains the key concern. I maintain a Buy rating for FSLR stock with a $330 price target, viewing the recent pullback as an improved risk/reward entry point.
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The latest trading day saw First Solar (FSLR) settling at $279.01, representing a -11.41% change from its previous close.
Zacks.com users have recently been watching First Solar (FSLR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Recently, Zacks.com users have been paying close attention to First Solar (FSLR). This makes it worthwhile to examine what the stock has in store.
First Solar (FSLR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
FSLR benefits from strong US-based bookings, high US utilization, and section 45x production credits, with the multi-year backlog through 2030 supporting its profitable growth prospects. Their CuRe platform also commands higher ASPs, with it potentially unlocking up to $0.6B in additional revenue from technology adjusters, with most benefits expected in 2027-2028. Risks include FSLR's declining multi-year backlog, underutilized overseas capacity at 7 GW, and dependence on US renewable policy/Section 45x credits.
FSLR's first-quarter EPS jumps 65.1% to $3.22, topping estimates as revenues rise 23.6% to $1.04 billion.
First Solar, Inc. (FSLR) Q1 2026 Earnings Call Transcript
First Solar (FSLR) came out with quarterly earnings of $3.22 per share, beating the Zacks Consensus Estimate of $2.87 per share. This compares to earnings of $1.95 per share a year ago.
First Solar , the biggest U.S.-based solar panel maker, on Thursday reported higher quarterly sales that met Wall Street expectations, helped by demand from third parties and from India.
FSLR heads into Q1 earnings with tax credits and U.S. capacity boosting margins, but tariffs and weak Asia utilization may temper results.