The Motley Fool
02 Nov 2026, 03:41 UTC · 4h ago
First Solar: 3 Key Takeaways for Long-Term Investors
Impact · against what's priced in
The article provides no new catalysts for First Solar, as the market has already discounted the current revenue guidance and explicitly refuses to price in the conversion of the backlog. The shift toward project-specific agreements and the 44 GW backlog are qualitative details that do not overcome the price's current assumption of a significant growth deceleration.
- FSLR+0.00
Already priced in
- The price assumes
Revenue growth decelerating from 24.1% in FY2025 down to the 3.9% CAGR
The reported Q3 sales of $1.2 billion and the 44 GW backlog are consistent with the low growth path the market is already pricing in, rather than the high-growth scenarios the price currently declines.
What FSLR's price assumes · Sep 4
