The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

FSLR

Concerning the House

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.

United States · www.firstsolar.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$4.21B+4.5%
Gross profit$2.12B+4.5%
Operating income$857.27M+25.7%
Net income$1.53B+9.1%
Cash from ops$1.22B+7.7%
Quotation

$223.69

-3.08 (-1.4%)

52w hi$318.25
52w lo$180.05
Vol2.10M
As ofAug 13
The Verdict

Hold

Our score -0.43

Short-0.21
Medium-0.70
Long-0.32

computed 2026-08-13

By the Numbers

First Solar, Inc.

Technology · Solar

Market cap$24.04B
Enterprise value$22.84B
Trailing P/E22.83x
Forward P/E9.62x
EV / EBITDA9.57x
P / S (ttm)4.47x
Profit margin32.5%
Return on equity18.5%
Revenue growth-3.7%
Earnings growth+23.3%
Debt / equity1.88
Risk Metrics
Beta vs SPX1.21
Corr SPX0.33
Annual vol59.0%
Annual ret+19.7%
Sharpe0.33
Max DD-52.9%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.32
Sector-0.06
Technical-0.12
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$223.51$227.99$221.26$223.692.10M
Aug 12$242.75$244.00$224.86$226.773.07M
Aug 11$249.44$249.76$238.51$240.911.58M
Aug 10$247.65$251.39$233.51$239.332.93M
Aug 7$259.11$269.70$247.90$250.055.21M