First Solar (FSLR · NASDAQ)

Energy & MaterialsNASDAQ

First Solar Set to Captures America's Solar Manufacturing Surge

Solar manufacturer sitting on massive pipeline of confirmed orders through 2030.

First Solar Inc

FSLR: NASDAQ

176.16 USD

-35.78%

year to date

Market Cap$18.93B

Avg Volume1.54M

Price$176.16+0.89%

P/E Ratio10.67ttm

Pricing delayed 20 minutes Oct 5, 2026, 8:00 PM

Domestic Manufacturing Moat
IRA incentives and domestic content premiums creates competitive advantage
Policy-Backed Capacity Surge
54.5GW backlog through 2030 and expanding capacity drives multi-year pricing power.
Future Cash Machine
$2.0B cash enables returns once $1.2B capex cycle completes by 2027.

Efficiency Gap Widens
Silicon efficiency gains erode First Solar's manufacturing moat permanently.
Demand Slowdown Accelerates
Policy rollbacks and rate hikes collapse utility-scale solar demand.
Margin Pressure Intensifies
Input cost inflation destroys margins faster than pricing power.