Stocks

First Solar Shares Dip 0.59% Despite Strong Q2 Earnings

By Stocks Desk · 2026-09-23 · 1 min read

First Solar closed at $194.80 on September 22, 2026. The stock remains 39.2% below its 52-week high despite a quarterly EPS beat.

Key points

First Solar shares closed at $194.80 on September 22, 2026, down 0.59% from the previous day.
The company reported Q2 2026 EPS of $3.92, beating the $2.90 consensus estimate by $1.02.
Trading volume was 14,463 shares, significantly lower than the average volume of 2.36 million shares.

FSLR

First Solar shares dropped 0.59% to $194.80 on Nasdaq on September 22, 2026. The price sits $126.15 below the 52-week high of $320.95.

Trading volume was 14,463 shares, well below the average of 2.36 million. The stock remains 39.2% below its yearly peak despite recent results.

First Solar reported EPS of $3.92 for the quarter ended June 30, 2026. This exceeded the consensus estimate of $2.90 by $1.02.

Revenue reached $1.06 billion, matching analyst expectations. Net margin stood at 32.47% for the quarter. Revenue declined 3.4% year over year.

The company's market capitalization was $20.93 billion as of September 22, 2026. A consensus price target of $266.06 sits above the current close.

The stock is $13.81 above the 52-week low of $182.99. The Moderate Buy rating reflects ongoing debate over valuation levels.

First Solar operates in the semiconductor and solar equipment sector. The EPS result of $3.92 compares to $3.18 in the same quarter of 2025.

Source AD HOC NEWS notes the stock remains exposed to market repricing. Earnings execution and valuation expectations drive current price levels.

Based on reporting by AD HOC NEWS, compiled by the Tradingbird desk.