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First Solar (FSLR, Semiconductors) Stock Valuation & Fair Value Favorable on our tests

First Solar (FSLR, Semiconductors) trades at a blended P/E of 10.5, about 60% below its historical normal valuation, with a forward growth estimate of 27.7% and a PEG of 0.38. Analysts' one-year estimates have been hit 9% of the time. Priced at its historical normal P/E of 26.5 on the same blended earnings, the 2026-10-02 close of $174.61 corresponds to about $440 a share. This is a valuation reference, not a price target.

Blended P/E
10.5
Normal P/E
26.5
PEG
0.38
Fwd growth
27.7%
Div yield
0.0%
RSI (14)
40.3
Neutral
Technical context
  • Price $178.85 at the 2026-10-08 close, 4.3% below the 20-day average ($186.79) and 13.0% below the 50-day ($205.60).
  • RSI (14) at 40.3.
  • 52-week range $172.11 to $318.25: the price is 43.8% below the high and 3.9% above the low.

The Street vs SeerForecast

Wall Street's mean price target for FSLR is $275.87 across 30 analysts, 54.2% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: favorable on our tests. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from strong on our tests (2026-06-03) to favorable on our tests (2026-10-05). New rating rules took effect in the week of 2026-09-28, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

Blended P/E and rating by weekBlended P/E moved from 19.6 to 10.5 between 2026-06-03 and 2026-10-02, against a normal P/E of 26.5, with 1 rating change over 37 recorded weeks.2026-06-03: P/E 19.6, Strong on our tests, recalculated for the week of 2026-06-032026-06-10: P/E 18.0, Strong on our tests, recalculated for the week of 2026-06-102026-06-12: P/E 18.0, Strong on our tests, recalculated for the week of 2026-06-142026-06-16: P/E 18.0, Strong on our tests, recalculated for the week of 2026-06-162026-06-18: P/E 18.0, Strong on our tests, recalculated for the week of 2026-06-212026-07-02: P/E 14.8, Strong on our tests, recalculated for the week of 2026-07-022026-07-06: P/E 14.3, Strong on our tests, recalculated for the week of 2026-07-062026-07-09: P/E 14.3, Strong on our tests, recalculated for the week of 2026-07-092026-07-10: P/E 14.4, Strong on our tests, recalculated for the week of 2026-07-122026-07-13: P/E 14.4, Strong on our tests, recalculated for the week of 2026-07-132026-07-14: P/E 14.4, Strong on our tests, recalculated for the week of 2026-07-142026-07-20: P/E 13.4, Strong on our tests, recalculated for the week of 2026-07-202026-07-22: P/E 13.4, Strong on our tests, recalculated for the week of 2026-07-222026-07-24: P/E 12.7, Strong on our tests, recalculated for the week of 2026-07-252026-07-27: P/E 12.7, Strong on our tests, recalculated for the week of 2026-07-272026-07-31: P/E 12.9, Strong on our tests, recalculated for the week of 2026-07-312026-07-31: P/E 13.2, Strong on our tests, recorded live 2026-08-032026-08-07: P/E 15.2, Strong on our tests, recalculated for the week of 2026-08-072026-08-07: P/E 15.6, Strong on our tests, recorded live 2026-08-102026-08-14: P/E 13.9, Strong on our tests, recalculated for the week of 2026-08-142026-08-14: P/E 14.0, Strong on our tests, recorded live 2026-08-172026-08-21: P/E 13.2, Strong on our tests, recalculated for the week of 2026-08-212026-08-21: P/E 13.2, Strong on our tests, recorded live 2026-08-242026-08-27: P/E 13.2, Strong on our tests, recalculated for the week of 2026-08-272026-08-28: P/E 12.9, Strong on our tests, recalculated for the week of 2026-08-282026-08-28: P/E 12.6, Strong on our tests, recalculated for the week of 2026-08-302026-08-28: P/E 12.6, Strong on our tests, recorded live 2026-08-312026-09-04: P/E 12.5, Strong on our tests, recalculated for the week of 2026-09-052026-09-04: P/E 12.5, Strong on our tests, recorded live 2026-09-072026-09-11: P/E 12.7, Strong on our tests, recalculated for the week of 2026-09-122026-09-11: P/E 12.7, Strong on our tests, recorded live 2026-09-142026-09-18: P/E 11.9, Strong on our tests, recalculated for the week of 2026-09-192026-09-18: P/E 11.9, Strong on our tests, recorded live 2026-09-212026-09-25: P/E 10.7, Strong on our tests, recalculated for the week of 2026-09-262026-09-25: P/E 10.7, Favorable on our tests, recorded live 2026-09-282026-10-02: P/E 10.5, Favorable on our tests, recalculated for the week of 2026-10-032026-10-02: P/E 10.5, Favorable on our tests, recorded live 2026-10-0515.020.025.0Jun 3Jul 3Aug 2Sep 2Oct 2Normal P/E 26.5
Strong on our testsFavorable on our testsLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 19.6-26%Strong on our tests (recalculated)
2026-09-28P/E 10.7-59%Favorable on our tests (across a rating rules change)
2026-10-03P/E 10.5-60%Favorable on our tests (recalculated)
2026-10-05P/E 10.5-60%Favorable on our tests ← now
Show all 37 weeks
WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 19.6-26%Strong on our tests (recalculated)
2026-06-10P/E 18.0-32%Strong on our tests (recalculated)
2026-06-14P/E 18.0-32%Strong on our tests (recalculated)
2026-06-16P/E 18.0-32%Strong on our tests (recalculated)
2026-06-21P/E 18.0-32%Strong on our tests (recalculated)
2026-07-02P/E 14.8-44%Strong on our tests (recalculated)
2026-07-06P/E 14.3-46%Strong on our tests (recalculated)
2026-07-09P/E 14.3-46%Strong on our tests (recalculated)
2026-07-12P/E 14.4-46%Strong on our tests (recalculated)
2026-07-13P/E 14.4-46%Strong on our tests (recalculated)
2026-07-14P/E 14.4-46%Strong on our tests (recalculated)
2026-07-20P/E 13.4-50%Strong on our tests (recalculated)
2026-07-22P/E 13.4-50%Strong on our tests (recalculated)
2026-07-25P/E 12.7-52%Strong on our tests (recalculated)
2026-07-27P/E 12.7-52%Strong on our tests (recalculated)
2026-07-31P/E 12.9-51%Strong on our tests (recalculated)
2026-08-03P/E 13.2-50%Strong on our tests
2026-08-07P/E 15.2-43%Strong on our tests (recalculated)
2026-08-10P/E 15.6-41%Strong on our tests
2026-08-14P/E 13.9-48%Strong on our tests (recalculated)
2026-08-17P/E 14.0-47%Strong on our tests
2026-08-21P/E 13.2-50%Strong on our tests (recalculated)
2026-08-24P/E 13.2-50%Strong on our tests
2026-08-27P/E 13.2-50%Strong on our tests (recalculated)
2026-08-28P/E 12.9-51%Strong on our tests (recalculated)
2026-08-30P/E 12.6-53%Strong on our tests (recalculated)
2026-08-31P/E 12.6-53%Strong on our tests
2026-09-05P/E 12.5-53%Strong on our tests (recalculated)
2026-09-07P/E 12.5-53%Strong on our tests
2026-09-12P/E 12.7-52%Strong on our tests (recalculated)
2026-09-14P/E 12.7-52%Strong on our tests
2026-09-19P/E 11.9-55%Strong on our tests (recalculated)
2026-09-21P/E 11.9-55%Strong on our tests
2026-09-26P/E 10.7-59%Strong on our tests (recalculated)
2026-09-28P/E 10.7-59%Favorable on our tests (across a rating rules change)
2026-10-03P/E 10.5-60%Favorable on our tests (recalculated)
2026-10-05P/E 10.5-60%Favorable on our tests ← now

Frequently asked questions

Is First Solar stock overvalued?

At a blended P/E of 10.5 versus its historical normal P/E of 26.5, First Solar trades about 60% below its typical valuation, with a PEG of 0.38 on 27.7% forward growth. tickerseer currently rates it favorable on our tests.

What is First Solar's fair value and PEG?

First Solar trades at a blended P/E of 10.5 against a historical normal P/E of 26.5, a PEG of 0.38, and a forward growth estimate of 27.7%. Priced at its historical normal P/E of 26.5 on the same blended earnings, the 2026-10-02 close of $174.61 corresponds to about $440 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of First Solar changed?

tickerseer's rating moved from strong on our tests (2026-06-03) to favorable on our tests (2026-10-05). New rating rules took effect in the week of 2026-09-28, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

What is the analyst price target for First Solar?

The mean Wall Street price target for First Solar is $275.87 across 30 analysts, 54.2% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Semiconductors. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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