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FSLR

First SolarB
Nasdaq / Semiconductors & Semiconductor Equipment
Last Price
Quote time unavailable
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Current thesis
Q2 earnings quality was strong: EPS and adjusted EBITDA increased year over year, gross-margin expansion was supported by mix and U.S. manufacturing benefits, guidance was reaffirmed, and backlog provides substantial volume visibility through 2030.
Posture
Constructive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta +2.6.
What can break
Customer contract terminations contributed to the Q2 year-over-year sales decline. [#SEC-8K-2026-07-30]
Momentum
33
Value
70
Sentiment
63
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $240.00 · Bull $310.00 · Bear $180.00Analysis 2026-08-04; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-10 • Model: HYBRID_IC_RP
AI Memo
As of 2026-08-04 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-09-10

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-10. Definitions

Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Neutral
Target $279.81
Why
Momentum33 · Δ7d +17.4
Value70 · Δ7d 0.0
Sentiment63 · Δ7d +2.6
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Confirming evidence

  • • Sentiment remains the lead driver in the composite, 7D delta +2.6.

Contradictions & invalidation

  • • Customer contract terminations contributed to the Q2 year-over-year sales decline. [#SEC-8K-2026-07-30]
  • • Net cash fell to $1.7 billion from $2.4 billion at year-end, while capital spending and working-capital needs remain material. [#SEC-8K-2026-07-30]
  • • Revenue declined 4% year over year because of customer contract terminations, net cash declined to $1.7 billion, and the thesis remains highly sensitive to Section 232 policy, freight and commodity costs, and manufacturing utilization.

Catalyst clock

2026-07-30

Q2 beat with FY2026 guidance reaffirmed

Lead driver: Sentiment · See AI snapshot
Momentum
33
9% active weight
Current posture
7d trendImproving
Δ7d
+17.4
Δ21d
+3.6
Value
70
28% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
+0.3
Sentiment
63
62% active weight
Current posture
7d trendImproving
Δ7d
+2.6
Δ21d
+11.0
Why this grade

Composite grade B. Momentum 32.7 / Value 70.5 / Sentiment 63.4

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-08-04. Scenario method

B+
Bull case
20%
Probability
Target price
$310.00
Analysis reference price unavailable
Analysis 2026-08-04 · RankAlpha Sentiment Codex
Most likely
B
Base case
45%
Probability
Target price
$240.00
Analysis reference price unavailable
Analysis 2026-08-04 · RankAlpha Sentiment Codex
B-
Bear case
35%
Probability
Target price
$180.00
Analysis reference price unavailable
Analysis 2026-08-04 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$23.41B
Beta
1.60
Shares Out
107.47M
P/E (TTM)
20.9
P/S (TTM)
5.78
P/FCF (TTM)
47.50
Rev YoY
-3.7%
EPS YoY
+23.4%
Gross Margin
+44.0%
Op Margin
+35.0%
Net Debt
-$2.2B
Current Ratio
2.52
As of 2026-09-10 • Updated nightlySource: Internal modelMethods & Data