First Solar Net Income
| FSLR Stock | USD 238.06 0.98 0.41% |
As of the 5th of February, First Solar shows the Mean Deviation of 2.41, coefficient of variation of 3897.54, and Downside Deviation of 3.45. First Solar technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm First Solar variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if First Solar is priced favorably, providing market reflects its regular price of 238.06 per share. Given that First Solar has jensen alpha of (0), we urge you to verify First Solar's prevailing market performance to make sure the company can sustain itself at a future point.
First Solar Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 4.8515 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 1.5 B | 1.6 B | |
| Net Loss | -39.7 M | -37.8 M | |
| Net Income From Continuing Ops | 1.5 B | 1.6 B | |
| Net Income Per Share | 10.87 | 11.41 | |
| Net Income Per E B T | 1.06 | 0.66 |
First | Net Income | Build AI portfolio with First Stock |
Evaluating First Solar's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into First Solar's fundamental strength.
Latest First Solar's Net Income Growth Pattern
Below is the plot of the Net Income of First Solar over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in First Solar financial statement analysis. It represents the amount of money remaining after all of First Solar operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is First Solar's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Solar's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.29 B | 10 Years Trend |
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Net Income |
| Timeline |
First Net Income Regression Statistics
| Arithmetic Mean | 389,205,043 | |
| Coefficient Of Variation | 153.15 | |
| Mean Deviation | 460,187,340 | |
| Median | 350,718,000 | |
| Standard Deviation | 596,061,182 | |
| Sample Variance | 355288.9T | |
| Range | 2B | |
| R-Value | 0.70 | |
| Mean Square Error | 193942T | |
| R-Squared | 0.49 | |
| Significance | 0 | |
| Slope | 82,478,349 | |
| Total Sum of Squares | 5684622.9T |
First Net Income History
Other Fundumenentals of First Solar
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
First Solar Net Income component correlations
First Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for First Solar is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Net Income. Since First Solar's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Solar's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Solar's interrelated accounts and indicators.
Click cells to compare fundamentals
Can Semiconductors & Semiconductor Equipment industry sustain growth momentum? Does First have expansion opportunities? Factors like these will boost the valuation of First Solar. Market participants price First higher when confident in its future expansion prospects. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating First Solar demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 0.457 | Earnings Share 13.03 | Revenue Per Share | Quarterly Revenue Growth 0.797 | Return On Assets |
The market value of First Solar is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Solar's value that differs from its market value or its book value, called intrinsic value, which is First Solar's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because First Solar's market value can be influenced by many factors that don't directly affect First Solar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, First Solar's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
First Solar 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to First Solar's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of First Solar.
| 11/07/2025 |
| 02/05/2026 |
If you would invest 0.00 in First Solar on November 7, 2025 and sell it all today you would earn a total of 0.00 from holding First Solar or generate 0.0% return on investment in First Solar over 90 days. First Solar is related to or competes with Cenovus Energy, Woodside Energy, Nextracker, Targa Resources, Cheniere Energy, Expand Energy, and Halliburton. First Solar, Inc. provides photovoltaic solar energy solutions in the United State, Japan, France, Canada, India, Austra... More
First Solar Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure First Solar's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess First Solar upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.45 | |||
| Information Ratio | 0.0078 | |||
| Maximum Drawdown | 24.58 | |||
| Value At Risk | (5.34) | |||
| Potential Upside | 5.59 |
First Solar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Solar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Solar's standard deviation. In reality, there are many statistical measures that can use First Solar historical prices to predict the future First Solar's volatility.| Risk Adjusted Performance | 0.0268 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0081 | |||
| Treynor Ratio | 0.0529 |
First Solar February 5, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0268 | |||
| Market Risk Adjusted Performance | 0.0629 | |||
| Mean Deviation | 2.41 | |||
| Semi Deviation | 3.33 | |||
| Downside Deviation | 3.45 | |||
| Coefficient Of Variation | 3897.54 | |||
| Standard Deviation | 3.61 | |||
| Variance | 13.03 | |||
| Information Ratio | 0.0078 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0081 | |||
| Treynor Ratio | 0.0529 | |||
| Maximum Drawdown | 24.58 | |||
| Value At Risk | (5.34) | |||
| Potential Upside | 5.59 | |||
| Downside Variance | 11.91 | |||
| Semi Variance | 11.11 | |||
| Expected Short fall | (2.58) | |||
| Skewness | 0.3545 | |||
| Kurtosis | 4.13 |
First Solar Backtested Returns
First Solar secures Sharpe Ratio (or Efficiency) of -0.0449, which denotes the company had a -0.0449 % return per unit of risk over the last 3 months. First Solar exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Solar's Mean Deviation of 2.41, coefficient of variation of 3897.54, and Downside Deviation of 3.45 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.56, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, First Solar will likely underperform. At this point, First Solar has a negative expected return of -0.14%. Please make sure to confirm First Solar's value at risk, as well as the relationship between the skewness and day median price , to decide if First Solar performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
First Solar has very weak reverse predictability. Overlapping area represents the amount of predictability between First Solar time series from 7th of November 2025 to 22nd of December 2025 and 22nd of December 2025 to 5th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Solar price movement. The serial correlation of -0.07 indicates that barely 7.0% of current First Solar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 256.88 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
First Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, First Solar reported net income of 1.29 B. This is 139.72% higher than that of the Semiconductors & Semiconductor Equipment sector and notably lower than that of the Information Technology industry. The net income for all United States stocks is 126.29% lower than that of the firm.
First Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Solar's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Solar could also be used in its relative valuation, which is a method of valuing First Solar by comparing valuation metrics of similar companies.First Solar is currently under evaluation in net income category among its peers.
First Solar ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, First Solar's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Solar's managers, analysts, and investors.Environmental | Governance | Social |
First Solar Institutional Holders
Institutional Holdings refers to the ownership stake in First Solar that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of First Solar's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Solar's value.| Shares | Morgan Stanley - Brokerage Accounts | 2025-06-30 | 2.2 M | Hill City Capital, Lp | 2025-06-30 | 2.1 M | Amvescap Plc. | 2025-06-30 | 2.1 M | Ubs Asset Mgmt Americas Inc | 2025-06-30 | 2 M | Amundi | 2025-06-30 | 1.5 M | Schroder Investment Management Group | 2025-06-30 | 1.4 M | Dimensional Fund Advisors, Inc. | 2025-06-30 | 1.3 M | Northern Trust Corp | 2025-06-30 | 1.3 M | Norges Bank | 2025-06-30 | 1.3 M | Vanguard Group Inc | 2025-06-30 | 13.3 M | Blackrock Inc | 2025-06-30 | 13 M |
First Fundamentals
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0756 | ||||
| Profit Margin | 0.28 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 23.59 B | ||||
| Shares Outstanding | 107.31 M | ||||
| Shares Owned By Insiders | 5.46 % | ||||
| Shares Owned By Institutions | 94.54 % | ||||
| Number Of Shares Shorted | 8.44 M | ||||
| Price To Earning | 35.42 X | ||||
| Price To Book | 2.85 X | ||||
| Price To Sales | 5.08 X | ||||
| Revenue | 4.21 B | ||||
| Gross Profit | 2.02 B | ||||
| EBITDA | 1.87 B | ||||
| Net Income | 1.29 B | ||||
| Cash And Equivalents | 1.85 B | ||||
| Cash Per Share | 17.31 X | ||||
| Total Debt | 718.8 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 4.21 X | ||||
| Book Value Per Share | 84.01 X | ||||
| Cash Flow From Operations | 1.22 B | ||||
| Short Ratio | 3.87 X | ||||
| Earnings Per Share | 13.03 X | ||||
| Price To Earnings To Growth | 0.39 X | ||||
| Target Price | 280.49 | ||||
| Number Of Employees | 8.1 K | ||||
| Beta | 1.63 | ||||
| Market Capitalization | 25.65 B | ||||
| Total Asset | 12.12 B | ||||
| Retained Earnings | 5.26 B | ||||
| Working Capital | 3.01 B | ||||
| Current Asset | 3.35 B | ||||
| Current Liabilities | 960.8 M | ||||
| Net Asset | 12.12 B |
About First Solar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Solar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Solar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Solar based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with First Solar
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Solar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Solar will appreciate offsetting losses from the drop in the long position's value.Moving against First Stock
| 0.7 | SECVY | Seche Environnement | PairCorr |
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| 0.65 | INTC | Intel | PairCorr |
| 0.58 | TSM | Taiwan Semiconductor | PairCorr |
| 0.48 | OBYCF | Obayashi Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to First Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Solar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Solar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Solar to buy it.
The correlation of First Solar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Solar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Solar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for First Stock Analysis
When running First Solar's price analysis, check to measure First Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Solar is operating at the current time. Most of First Solar's value examination focuses on studying past and present price action to predict the probability of First Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Solar's price. Additionally, you may evaluate how the addition of First Solar to your portfolios can decrease your overall portfolio volatility.