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Stock of the Day: First Solar

First Solar
FSLR 90-day performance NASDAQ:FSLR First Solar
Current Price
$272.64
+5.00 (+1.87%)
(As of 11/10/2025 04:00 PM ET)
30 Day Performance
20.69%
  
 
90 Day Performance
47.50%
  
 
1 Year Performance
40.66%
  
 
Market Capitalization
$29.26B
P/E Ratio
23.32
Price Target
$270.17

First Solar, Inc. (NASDAQ: FSLR) is a United States–based solar technology company best known for designing and manufacturing thin‑film photovoltaic (PV) modules that use cadmium telluride (CdTe) semiconductor technology. The company supplies PV modules and delivers integrated solar power solutions for utility‑scale projects, positioning itself as a provider of both components and complete solar energy systems rather than solely a parts supplier. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.

Beyond module manufacturing, First Solar offers a range of project services including development support, engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) for large-scale solar installations. The company emphasizes lifecycle management for its products, including a take‑back and recycling program for end‑of‑life CdTe modules intended to recover materials and limit environmental impact. First Solar’s business model combines manufacturing scale with downstream project capabilities to participate across the solar value chain.

First Solar serves customers and project developers globally, participating in utility‑scale solar markets across North America, Europe, and other regions where large PV installations are deployed. Its integrated approach targets power producers, independent developers and institutional customers seeking turnkey solar solutions. The company has positioned itself around large-scale deployments and industrialized manufacturing to pursue cost reductions and project delivery at scale while stressing environmental stewardship through recycling and product lifecycle initiatives.

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