First Solar, Inc. is a solar technology company and global provider of photovoltaic cells (PV) solar energy solutions. The Company manufactures and sells PV solar modules with a semiconductor technology, which provides an alternative to conventional crystalline silicon PV solar modules. The Company operates through two segments: Modules Business and Other. Its Modules Business segment is involved in the designing, manufacturing, and selling of CdTe solar modules, which convert sunlight into electricity. Third-party customers of the modules business segment include developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The Company's products include the Series 7 Module and Series 6 Plus module. The Company has its manufacturing locations in Malaysia, the United States and Vietnam. Its subsidiaries include First Solar Development, LLC, First Solar FE Holdings Pte. Ltd., and First Solar Malaysia Sdn. Bhd.
Industry Leader
The company's revenue leads the industry, with the latest annual revenue totaling USD 4.21B.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 60.59% year-on-year.
Overvalued
The company’s latest PB is 2.53, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 110.40M shares, decreasing 1.34% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 13.21M shares of this stock.