Stocktoria
FIRST SOLAR, INC. FSLR
FIRST SOLAR, INC. (FSLR) earns a Piotroski F-score of 7/9 (strong financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $5.2B at a 29.3% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.54 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-08-07 | Wells Fargo | Overweight (main) |
| 2026-08-03 | Citigroup | Buy (main) |
| 2026-08-03 | Guggenheim | Buy (main) |
| 2026-07-31 | Wells Fargo | Overweight (main) |
| 2026-07-31 | Truist Securities | Hold (reit) |
| 2026-07-31 | Bernstein | Underperform (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 7/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.283 |
| Retained earnings / assets | 0.51 |
| EBIT / assets | 0.12 |
| Equity / liabilities | 2.521 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| FSLR | FIRST SOLAR, INC. | 7/9 | 6.97 | 16.8 | +24.1% |
| ARM | ARM HOLDINGS PLC /UK | 6/9 | 8.7 | 409.3 | +22.8% |
| CSIQ | Canadian Solar Inc. | 1/9 | 0.77 | — | -6.6% |
| MCHP | MICROCHIP TECHNOLOGY INC | 6/9 | 2.76 | 207.2 | +7.1% |
| ON | ON SEMICONDUCTOR CORP | 4/9 | 6.24 | 293.6 | -15.3% |
| SWKS | SKYWORKS SOLUTIONS, INC. | 6/9 | 7.01 | 21.4 | -2.2% |
| AMKR | AMKOR TECHNOLOGY, INC. | 4/9 | 4.49 | 52.2 | +6.2% |
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. The company serves system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and other system owners and operators. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Phoenix, Arizona.
FAQ
Is FSLR financially healthy?
FIRST SOLAR, INC.'s Piotroski F-score is 7/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does FSLR pay a dividend?
No, FIRST SOLAR, INC. does not currently pay a dividend.
How profitable is FSLR?
In FY2025, FIRST SOLAR, INC. had a net margin of 29.3% and a return on equity of 16.0%.
Is FSLR overvalued or undervalued?
FIRST SOLAR, INC. trades at about 16.0× trailing earnings — near its 10-year norm (10-year range 10.9×–37.2×, median 15.9×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for FSLR?
The average Wall-Street price target for FIRST SOLAR, INC. is $271.87, about 19.9% above the recent price, from 29 analysts (consensus: buy).
Is FSLR a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on FIRST SOLAR, INC.: a Piotroski F-score of 7/9, an Altman Z″ in the safe zone, a P/E of about 16.8×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.