Added to YB: 2026-01-21
Pitch date: 2026-01-19
FSLR [bullish]
First Solar, Inc.
-2.38%
current return
Author Info
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Company Info
First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.
Market Cap
$24.2B
Pitch Price
$239.00
Price Target
350.00 (+50%)
Dividend
N/A
EV/EBITDA
11.30
P/E
17.32
EV/Sales
4.57
Sector
Semiconductors and Semiconductor Equipment
Category
growth
FirstSolar ($FSLR): Powering the Renewable Energy Transition
FSLR (new position): Only large-scale US solar mfg w/ CdTe tech vs Chinese c-Si dominance. 54-64GW backlog thru 2029, 42.4% gross margins from 45X tax credits ($1.56B-$1.59B 2025). Strong balance sheet w/ $1.5B net cash. TOPCon patent litigation upside. Forward P/E 10x vs 42x sector avg despite 50%+ growth. Price target $350, 40%+ upside. Risk: tariff/policy changes.
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