First Solar, Inc. (FSLR) Investment Analysis - December 2025

Publication Date: December 14, 2025

Company Overview

First Solar, Inc. is a prominent figure in the renewable energy sector, specifically within the solar technology landscape. Founded in 1999 and headquartered in Tempe, Arizona, First Solar specializes in photovoltaic (PV) solar energy solutions. The company crafts advanced products such as thin film semiconductor PV modules and cadmium telluride solar modules, effectively converting sunlight into electricity.

Operating globally, First Solar serves a diverse clientele including system developers, utilities, independent power producers, and commercial enterprises, with international operations extending to countries like France, India, and Chile. In addition to manufacturing, First Solar engages in project development, operations and maintenance services, and the sale of PV solar power systems. Formerly known as First Solar Holdings, Inc., the company rebranded in 2006 to reflect its commitment to solar energy solutions.

The thriving solar industry is situated within the broader technology sector and presents substantial investment opportunities, particularly as demand for renewable energy solutions grows. With total revenues surpassing $5 billion, First Solar's robust financial positioning attests to its potential for sustained growth and profitability amidst the evolving energy landscape.

52-Week Price Performance Analysis

52-Week Price Performance Chart

Analyzing the 52-week stock price chart for First Solar, Inc. (FSLR), we observe an encouraging bullish trend. The stock has demonstrated resilience and upward momentum throughout the year, culminating in substantial price increases as reflected by a current price of $257.38 and a notable rise of approximately 33.73% to a price of $254.8 in recent sessions.

Key technical indicators reveal critical support and resistance levels:

• Support Level: Located around $150, the price found a base during earlier trading periods, suggesting that this established floor holds firm potential for buyers.
• Former Resistance: Initially visible near the $200 mark, this threshold has been surpassed, with recent price action confirming it as a new support level.
• Moving Average: The upward slope of the fifty-day moving average currently rests at $249.49, acting as dynamic support during minor pullbacks.

Recent pricing action illustrates consolidation near current highs, hinting at a possible pause before the next price movement. Investors are advised to observe fluctuations around this resistance level, as consistent upward momentum may suggest further bullish prospects. Noteworthy price levels to monitor include $270, the next resistance target derived from current bullish sentiment.

Financial Performance and Metrics

First Solar exhibited solid financial performance during the third quarter of 2025, reporting substantial earnings and revenue figures. Key metrics include:

• Total Revenue: Approximately $5.05 billion, showcasing consistent revenue growth driven by increased market demand.
• EBITDA: Reported at $2,018,718,976, indicating strong profitability and operational efficiency.
• Net Sales: For Q3 2025, net sales reached an impressive $1.6 billion, with record sales volume of 5.3 gigawatts.
• Net Income Per Diluted Share: Increased to $4.24, up from $3.18 in the previous quarter, reflecting strong earnings growth.

Analytical assessments indicate a target high price of $335.00, alongside a target mean price of $274.14 and a median price of $280.50. This analysis positions First Solar as a lucrative investment opportunity, especially given its strong financial fundamentals amidst expanding solar market dynamics.

Recent News and Developments

First Solar has made key strides in its operational capacity, aligning with rising domestic production demands. Notable developments include:

1. Manufacturing Expansion: On October 30, 2025, First Solar announced plans for a $330 million investment in a new final-assembly facility located in Gaffney, South Carolina. This facility is projected to add 3.7 gigawatts of annual capacity and create over 600 jobs. Anticipated commercial operations are set to commence in the latter half of 2026, enhancing First Solar's market footprint in the U.S. solar energy sector.

2. Q3 Financial Update: The company's impressive financial outcomes for Q3 2025 hint at sustained growth and operational efficiency, with proactive revisions to its guidance reflecting optimism for continued performance.

3. Analyst Upgrades: Financial analysts show a favorable outlook on First Solar's stock, with firms like UBS raising their one-year price target from $252 to $270, citing anticipated earnings growth, particularly from rising electricity demands influenced by advancements in artificial intelligence.

Market Sentiment and Analyst Recommendations

Analyst sentiment regarding First Solar is notably positive, with a consensus "buy" recommendation dominating current views. The stock carries a mean recommendation score of 1.64, corroborating a strong endorsement from a cohort of 32 analysts. Detailed price targets include:

• Target High Price: $335.00
• Target Low Price: $150.00
• Mean Price: Approximately $274.14
• Median Price: $280.50

The presence of almost 12% of shares held short (9,993,728 out of 107,308,141) signals varying investor sentiment. On one hand, it suggests a segment of investors betting against the stock, while on the other hand, it might highlight confidence among bullish investors anticipating price appreciation amidst the company's promising growth trajectory.

In summary, First Solar, Inc. presents a compelling investment opportunity bolstered by strong financial performance, market expansion, and favorable analyst sentiment. While potential risks remain, the overall data indicates a robust outlook for growth in the renewable energy sector, particularly as global demand for solar technology and sustainable energy solutions escalates.

Investors are encouraged to keep a close watch on both key price levels and ongoing developments as First Solar continues to carve out its legacy in the solar industry.