First Solar Shares Surge on Record Earnings
By: Lucas Downey | Published: Jun 03, 2026
Overview
First Solar, Inc. (FSLR), the largest thin-film photovoltaic solar module manufacturer in the Western Hemisphere, has seen its shares rise by 47% over the past month, driven by significant institutional buying. The company's first-quarter fiscal 2026 earnings report revealed record net sales of $1 billion, marking a 24% year-over-year growth, with an adjusted EBITDA of $520 million and a net income of $347 million, translating to diluted per-share earnings of $3.22, a 65% increase.
Institutional Support
FSLR has experienced strong investor demand, particularly from institutional investors. The article highlights unusual trading volumes, indicated by green bars on a line graph, which reflect significant inflows into FSLR shares. This trend suggests a robust fundamental story behind the stock, supported by a three-year sales growth rate of 25.8% and an EPS growth rate of 36.6%.
Financial Performance
The company’s financial performance has been impressive, with expectations for EPS to increase by 36.3% this year. The article emphasizes that FSLR has generated substantial interest from "Big Money" investors, indicating a strong potential for further stock price appreciation.
Price Predictions
Given the historical gains and strong fundamentals, FSLR is positioned as a compelling option for investors looking to diversify their portfolios. The article suggests that the ongoing institutional buying signals a positive outlook for the stock, making it a noteworthy candidate for investment consideration.