FSLR: First Solar, Inc.
About
First Solar, Inc. is a solar technology company, which engages in the provision of solar modules. It is involved in the design, manufacture, and sale of cadmium tellurid (CdTe) solar modules, which convert sunlight into electricity. The company was founded by Michael J. Ahearn in 1999 and is headquartered in Tempe, AZ.
Current Value
$205.481 Year Return
Current Value
$205.481 Year Return
Key Details
Market Cap
$22.22B
P/E Ratio
17.88
1Y Stock Return
33.54%
1Y Revenue Growth
21.77%
Dividend Yield
0.00%
Price to Book
2.9
Strategies that include FSLR
Stock's related to FSLR
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| RUN | 66.34% | $2.53B | -19.23% | 0.00% |
| ENPH | 65.72% | $9.90B | -33.40% | 0.00% |
| CSIQ | 60.03% | $832.48M | -42.64% | 0.00% |
| SEDG | 56.75% | $849.55M | -82.10% | 0.00% |
| ARRY | 56.66% | $963.32M | -60.67% | 0.00% |
| NXT | 52.52% | $5.62B | -6.88% | 0.00% |
| AMRC | 49.63% | $1.48B | -7.31% | 0.00% |
| JKS | 49.03% | $1.36B | -16.79% | 0.00% |
| SHLS | 47.71% | $815.16M | -65.37% | 0.00% |
| ORA | 47.34% | $4.81B | +15.84% | 0.60% |
| NOVA | 46.88% | $621.02M | -58.38% | 0.00% |
| AES | 46.17% | $9.28B | -27.26% | 5.27% |
| BLDP | 44.84% | $440.15M | -59.84% | 0.00% |
| NEP | 44.53% | $1.75B | -25.01% | 19.11% |
| CWEN | 44.12% | $3.33B | +12.91% | 5.84% |
| BEPC | 42.52% | $11.86B | +18.42% | 4.50% |
| CWEN.A | 42.42% | $3.12B | +12.57% | 6.21% |
| BLNK | 41.96% | $158.84M | -46.78% | 0.00% |
| PLUG | 41.67% | $1.84B | -52.36% | 0.00% |
| DQ | 41.54% | $1.42B | -8.73% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PG | -0.04% | $413.12B | +19.53% | 2.28% |
| TPST | -0.05% | $38.14M | -73.03% | 0.00% |
| ELV | 0.05% | $94.64B | -15.35% | 1.56% |
| SMMT | -0.18% | $13.10B | +622.36% | 0.00% |
| CI | 0.31% | $93.15B | +29.92% | 1.62% |
| GILD | 0.41% | $115.27B | +17.05% | 3.32% |
| WHLM | -0.43% | $20.27M | -16.83% | 0.00% |
| WTW | 0.46% | $33.14B | +35.43% | 1.05% |
| CB | -0.53% | $115.39B | +26.17% | 1.24% |
| EDSA | 0.54% | $7.92M | -30.29% | 0.00% |
| K | 0.64% | $27.78B | +51.06% | 2.80% |
| PRPH | -0.65% | $18.52M | -83.84% | 0.00% |
| GYRE | 0.68% | $944.90M | -37.73% | 0.00% |
| RELY | -0.70% | $4.08B | +2.08% | 0.00% |
| XBIT | -0.78% | $205.15M | +69.95% | 0.00% |
| CMBT | -0.81% | $2.19B | -36.98% | 14.60% |
| GRAL | 0.94% | $650.51M | +13.88% | 0.00% |
| DXCM | 0.96% | $31.60B | -30.96% | 0.00% |
| NLOP | 0.97% | $468.09M | +66.63% | 0.00% |
| REYN | 0.99% | $5.83B | +4.84% | 3.35% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PGR | -21.69% | $153.84B | +60.59% | 0.44% |
| EIG | -18.13% | $1.31B | +35.41% | 2.23% |
| WRB | -14.54% | $24.21B | +33.30% | 0.66% |
| THG | -14.44% | $5.88B | +27.82% | 2.10% |
| CPB | -14.18% | $13.55B | +12.78% | 3.44% |
| GEO | -13.92% | $3.77B | +166.83% | 0.00% |
| ABBV | -13.78% | $320.74B | +25.54% | 3.44% |
| ADP | -13.13% | $123.69B | +31.10% | 1.84% |
| ORLY | -12.86% | $72.05B | +27.61% | 0.00% |
| RLI | -11.96% | $7.95B | +29.81% | 0.66% |
| GIS | -11.77% | $36.77B | +2.67% | 3.64% |
| TH | -11.62% | $776.69M | -27.92% | 0.00% |
| SAFT | -11.50% | $1.26B | +6.79% | 4.23% |
| AON | -11.33% | $83.38B | +19.65% | 0.69% |
| UNH | -11.14% | $556.98B | +9.99% | 0.99% |
| CINF | -10.93% | $24.46B | +51.68% | 2.03% |
| MMC | -10.91% | $113.04B | +17.22% | 1.33% |
| UNM | -10.90% | $13.89B | +78.83% | 2.06% |
| AMSF | -10.81% | $1.11B | +21.37% | 1.91% |
| CXW | -10.74% | $2.35B | +52.61% | 0.00% |
ETF's related to FSLR
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| TAN | 76.99% | $917.10M | 0.67% |
| ICLN | 76.54% | $1.67B | 0.41% |
| ACES | 68.41% | $124.99M | 0.55% |
| QCLN | 67.72% | $611.59M | 0.59% |
| ERTH | 63.23% | $157.59M | 0.67% |
| PBD | 62.35% | $90.38M | 0.75% |
| PBW | 60.52% | $318.59M | 0.65% |
| FAN | 55.06% | $160.50M | 0.6% |
| HDRO | 53.82% | $164.26M | 0.3% |
| EFAA | 47.94% | $105.52M | 0% |
| AIRR | 47.70% | $2.85B | 0.7% |
| GRID | 44.85% | $2.04B | 0.57% |
| DRIV | 43.84% | $411.22M | 0.68% |
| VBK | 43.41% | $20.68B | 0.07% |
| BATT | 43.12% | $72.62M | 0.59% |
| IDRV | 42.69% | $172.80M | 0.47% |
| XT | 42.62% | $3.49B | 0.46% |
| IMCG | 42.56% | $2.58B | 0.06% |
| NUSC | 42.56% | $1.34B | 0.31% |
| VXF | 42.54% | $22.81B | 0.06% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| TBIL | -0.02% | $4.42B | 0.15% |
| DBMF | -0.27% | $1.04B | 0.85% |
| CLOI | 0.40% | $749.05M | 0.4% |
| GBIL | -0.48% | $5.68B | 0.12% |
| KCCA | 0.98% | $219.07M | 0.87% |
| SGOV | 1.27% | $27.99B | 0.09% |
| WEAT | -1.33% | $119.27M | 0.28% |
| BOXX | -1.40% | $4.45B | 0.1949% |
| ICLO | 1.47% | $234.29M | 0.2% |
| SHV | 1.80% | $18.61B | 0.15% |
| JUCY | 2.07% | $325.86M | 0.6% |
| IBTE | 2.51% | $1.64B | 0.07% |
| VRIG | 2.57% | $1.10B | 0.3% |
| CANE | 2.90% | $16.65M | 0.29% |
| FMF | -3.27% | $248.49M | 0.95% |
| XHLF | -3.30% | $900.10M | 0.03% |
| CSHI | 3.56% | $493.76M | 0.38% |
| MINT | -3.66% | $11.69B | 0.35% |
| HIGH | 3.73% | $302.94M | 0.52% |
| ULST | 3.89% | $537.59M | 0.2% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -40.16% | $365.42M | 1.43% |
| USDU | -26.74% | $210.52M | 0.5% |
| UUP | -24.45% | $376.91M | 0.77% |
| VIXY | -22.64% | $195.31M | 0.85% |
| CTA | -17.86% | $367.83M | 0.76% |
| AGZD | -10.66% | $132.76M | 0.23% |
| TAIL | -7.66% | $68.19M | 0.59% |
| EQLS | -7.64% | $8.93M | 1% |
| BILZ | -7.28% | $541.42M | 0.14% |
| IAK | -5.94% | $800.30M | 0.39% |
| KMLM | -5.56% | $344.74M | 0.9% |
| XBIL | -5.30% | $633.44M | 0.15% |
| MINT | -3.66% | $11.69B | 0.35% |
| XHLF | -3.30% | $900.10M | 0.03% |
| FMF | -3.27% | $248.49M | 0.95% |
| BOXX | -1.40% | $4.45B | 0.1949% |
| WEAT | -1.33% | $119.27M | 0.28% |
| GBIL | -0.48% | $5.68B | 0.12% |
| DBMF | -0.27% | $1.04B | 0.85% |
| TBIL | -0.02% | $4.42B | 0.15% |
News
SeekingAlpha
Since Convergence Long/Short Equity ETF was listed in February 2022, it has outperformed the S&P 500 and a number of long-short ETFs. Moreover, it was resilient in the 2022 market downturn.
Yahoo
As the U.S. stock market reaches new heights with the S&P 500 and Nasdaq hitting record levels, investors are keenly observing opportunities that may still be trading below their intrinsic value amidst this post-election rally. In such a vibrant market environment, identifying stocks that appear undervalued can offer potential avenues for growth, especially when these companies show strong fundamentals or have been overlooked by the broader market sentiment.
SeekingAlpha
The S&P 500 posted its best one-month performance in November as a post-election stock bump lifted markets broadly. Click to read.
Yahoo
First Solar (NASDAQ: FSLR) has been one of only a few success stories in the solar industry over the past decade. Over the past five years, First Solar stock is up an incredible 255%, but the company's performance doesn't tell the same growth story. Between 2023 and 2026, management expects to increase production from 16.6 gigawatts (GW) to 25.2 GW, mostly in the U.S.
Finnhub
A new round of U.S. solar panel import tariffs on Southeast Asian producers is expected to raise consumer prices and cut into producer profit margins, but was largely anticipated by industry, analysts...
Yahoo
Shareholders of First Solar would probably like to forget the past six months even happened. The stock dropped 30.6% and now trades at $193.08. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.