About First Solar, Inc. (FSLR)
First Solar, Inc. is a Solar company operating in the Technology sector. The company is headquartered in Tempe, United States. FSLR has been publicly traded since 2006, giving it 20+ years of trading history.
First Solar, Inc. (FSLR) has been publicly traded since 2006, making it a 20-year-old public company. It operates in the Solar industry within the Technology sector. The company is headquartered in Tempe, United States and employs approximately 7,900 people. With a market capitalization of $21 billion, FSLR is a large established company.
FSLR trades on the US stock exchanges (NYSE/NASDAQ) and is classified as a large-cap-cap stock with a market capitalization of approximately $21 billion. The company employs approximately 7,900 people worldwide.
Key Statistics
- Current Price
- $196.07
- Market Cap
- $21.04B
- 52-Week High
- $285.99
- 52-Week Low
- $116.56
- Sector
- Technology
- Industry
- Solar
FSLR Investment Performance
FSLR has declined 24.9% year-to-date in 2026. Over the past 5 years, a $1,000 investment in FSLR would have grown to $2,557, representing a 155.7% total return. Since its IPO in 2006, a $1,000 investment would now be worth $7,925.
$1,000 Invested in First Solar, Inc. (FSLR)
How much would $1,000 invested in FSLR be worth today?
What would $1,000 invested in FSLR 1 year ago be worth today?
A $1,000 investment in First Solar, Inc. (FSLR) in 2025 would be worth $1,476 as of May 2026, representing a +47.6% total return.
What would $1,000 invested in FSLR 3 years ago be worth today?
A $1,000 investment in First Solar, Inc. (FSLR) in 2023 would be worth $928 as of May 2026, representing a -7.2% total return.
What would $1,000 invested in FSLR 5 years ago be worth today?
A $1,000 investment in First Solar, Inc. (FSLR) in 2021 would be worth $2,557 as of May 2026, representing a +155.7% total return.
What would $1,000 invested in FSLR 10 years ago be worth today?
A $1,000 investment in First Solar, Inc. (FSLR) in 2016 would be worth $2,834 as of May 2026, representing a +183.4% total return.
What would $1,000 invested in FSLR at IPO be worth today?
A $1,000 investment in First Solar, Inc. (FSLR) at IPO would be worth $7,925 as of May 2026, representing a +692.5% total return.
Monthly Returns Heatmap
Over the past 19+ years (232 months), First Solar, Inc. (FSLR) has averaged a monthly return of +2.20% with a median return of +1.31%. The stock had 120 positive months (52%) and 112 negative months (48%). The best month in FSLR's history was April 2013 with a +72.7% return, while the worst was September 2011 at -36.8%. Historically, April tends to be the strongest month (averaging +6.4%), and January the weakest (-1.5%).
FSLR's longest winning streak was 8 consecutive months of gains, while its longest losing streak was 7 consecutive months of losses. The best full year was 2007 with a cumulative return of +253.5%, and the worst was 2011 at -111.9%.
Annual Returns
Over 20 years of trading history, First Solar, Inc. (FSLR) has delivered an average annual return of +49.81% with a median return of +0.22%. The compound annual growth rate (CAGR) is +9.87%. The stock posted gains in 10 years (50%) and losses in 10 years (50%).
FSLR's best year was 2007 with a +795.24% gain, while the worst was 2011 at -74.06%. The longest streak of consecutive positive years was 4, and the longest losing streak was 5 years. FSLR achieved double-digit gains (10%+) in 9 years. It suffered double-digit losses in 7 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -24.94% | $261.23 | $196.07 |
| 2025 | +48.22% | $176.24 | $261.23 |
| 2024 | +2.30% | $172.28 | $176.24 |
| 2023 | +15.01% | $149.79 | $172.28 |
| 2022 | +71.86% | $87.16 | $149.79 |
| 2021 | -11.89% | $98.92 | $87.16 |
| 2020 | +76.77% | $55.96 | $98.92 |
| 2019 | +31.79% | $42.46 | $55.96 |
| 2018 | -37.11% | $67.52 | $42.46 |
| 2017 | +110.41% | $32.09 | $67.52 |
| 2016 | -51.37% | $65.99 | $32.09 |
| 2015 | +47.96% | $44.60 | $65.99 |
| 2014 | -18.37% | $54.64 | $44.60 |
| 2013 | +77.06% | $30.86 | $54.64 |
| 2012 | -8.59% | $33.76 | $30.86 |
| 2011 | -74.06% | $130.14 | $33.76 |
| 2010 | -3.88% | $135.40 | $130.14 |
| 2009 | -1.86% | $137.96 | $135.40 |
| 2008 | -48.36% | $267.14 | $137.96 |
| 2007 | +795.24% | $29.84 | $267.14 |
FSLR Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating First Solar, Inc. as an investment
Valuation
FSLR currently trades at a trailing P/E ratio of 13.8, which is considered low relative to the broader market. The forward P/E of 7.7 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 2.2. The price-to-sales ratio is 4.0.
Dividends
First Solar, Inc. does not currently pay a dividend, choosing to reinvest earnings back into the business for growth.
Risk & Volatility
FSLR has a beta of 1.65, indicating it is significantly more volatile than the overall market. The stock's 52-week range is $116.56 to $285.99, and it currently trades in the lower half of its 52-week range.
Analyst Ratings
Based on 30 analyst opinions, FSLR has a consensus "buy" rating. The average price target of $257.31 suggests 31.2% upside from current levels.
Frequently Asked Questions: FSLR
What sector is FSLR in? ▼
FSLR operates in the Technology sector, specifically in the Solar industry. This sector includes companies involved in software, hardware, semiconductors, and IT services.
How has FSLR performed historically? ▼
Over 20 years of trading history, FSLR has posted gains in 10 years (50% of the time). The best year was 2007 with a +795.2% return. Past performance does not guarantee future results.
How can I invest in FSLR? ▼
You can invest in FSLR through any brokerage account that offers access to US stock exchanges. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold FSLR.
Does FSLR pay dividends? ▼
First Solar, Inc. does not currently pay a dividend, choosing to reinvest earnings back into the business for growth.
What does First Solar, Inc. do? ▼
First Solar, Inc. is a Solar company operating in the Technology sector. The company is headquartered in Tempe, United States.
What sector is FSLR in? ▼
FSLR operates in the Technology sector, specifically in the Solar industry.
When did FSLR go public? ▼
First Solar, Inc. went public in 2006, making it a 20-year-old public company as of 2026.
How much would $1,000 invested in FSLR 5 years ago be worth today? ▼
A $1,000 investment in FSLR five years ago would be worth approximately $2,557 today, representing a 155.7% return.
How much would $1,000 invested in FSLR 10 years ago be worth today? ▼
A $1,000 investment in FSLR ten years ago would be worth approximately $2,834 today, representing a 183.4% total return over the decade.
What is FSLR's 3-year return? ▼
Over the past 3 years, FSLR has returned -7.2%. A $1,000 investment would have grown to $928.
How much would $1,000 invested in FSLR at IPO be worth today? ▼
If you invested $1,000 in FSLR at its IPO in 2006, it would be worth approximately $7,925 today, a 692.5% return over 20 years.
Does FSLR pay dividends? ▼
No, First Solar, Inc. does not currently pay a dividend. The company reinvests its earnings into growth.
What is FSLR's market cap? ▼
First Solar, Inc. has a market capitalization of $21 billion, classifying it as a large-cap company.
What is FSLR's P/E ratio? ▼
FSLR has a trailing P/E ratio of 13.8 and a forward P/E of 7.7, which measures how much investors are paying per dollar of earnings.
Is FSLR a buy, hold, or sell? ▼
Based on 30 opinions, FSLR has a consensus "buy" rating. The average price target is $257.31.
Last updated: 3/14/2026