FSLR First Solar, Inc.
XNAS
174.82
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
FSLR
$174.82
—
Key stats
$174.82
Pre-market
$171.00
-2.19%
- 52-Week Range
- $168.60 – $320.95
- YTD
- -36.28%
- IV Rank (30D)
- 42.64
- Straddle Price
- $24.88
- P/C Vol Ratio
- 1.06
- Market Cap
- $18.7B
- Open
- $176.25
- Day Range
- $172.19 – $177.05
- Volume
- 1,486,744
- Prev Close
- $174.43
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.15% |
| Beta vs SPY | 1.04 |
| Cost of Equity (CAPM) | 10.85% (VRP-adj) |
| WACC | 10.77% |
| Volatility Risk Premium | +15.4pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 3.1% |
| Rev. Growth (YoY, DCF input) | -4.8% |
| DCF Horizon | 10 years explicit + fade |
| Free Cash Flow (TTM) | $1.5B |
| Return on Equity (TTM) | 16.9% |
| Book / Price | 52.5% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 41.7% |
| FCF Margin (TTM) | 27.7% |
| Debt / Equity | 0.02 |
| Quality Score | 3/6 — normal (10y DCF) |
| Market-Implied Growth | +0.6% (reverse-DCF on current price) |
| SMA 50 | $195.43 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $176.62 |
| Bollinger Width / SMA20 | 4.6% (drives anchor stability) |
| Net Debt | $-2.1B |
| Market Cap | $19B |
Peers used for multiples: ENPH, HPE, NXT, SEDG, SHLS
(filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
40%
20-Day Fair Value
≈ by Nov 20, 2026
$177.37
α +1.5%
rank 61%
conviction
77%
40-Day Fair Value
≈ by Dec 21, 2026
$178.46
α +2.1%
rank 61%
conviction
64%
60-Day Fair Value
≈ by Jan 19, 2027
$176.74
α +1.1%
rank 56%
conviction
40%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $134.34 | 19% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | $461.38 | 9% | median 29.8× · 4 peers |
| Peer EV/EBITDA | $371.54 | 9% | median 16.7× · 4 peers |
| Peer P/B | $330.65 | 2% | median 3.6× · 5 peers |
| Peer P/S | $107.82 | 6% | median 2.1× · 5 peers |
| Market Anchor (SMA50) | $195.43 | 38% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $174.10 | 19% | 45 strikes · skew +0.22 |
As of 2026-10-22 · updated
Related
About
- Industry (SIC)
- SEMICONDUCTORS & RELATED DEVICES (3674) · industry map
- Exchange
- XNAS
- Market Cap
- $18.7B
- Employees
- 7,900
- List Date
- 2006-11-17
- CIK
- 0001274494
- Next Earnings
- 2026-10-29 (After-Close)
- EPS Forecast
- $4.64 (10 est.)
- Headquarters
- Phoenix, AZ
- Homepage
- https://www.firstsolar.com
First Solar designs and manufactures solar photovoltaic panels, modules, and systems primarily for use in utility-scale projects. Its modules use cadmium telluride, rather than the crystalline silicon used by most of the industry to convert sunlight into electricity. The technology does not rely on Chinese crystalline silicon supply chains. Its primary manufacturing is in the US. It has additional factories in India, Malaysia, and Vietnam. Its primary markets are the US and India.
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -2.06% | -11.52% | 21.69% | -15.02% | -10.16% | -17.80% | -5.81% |
| Feb | -17.59% | -3.10% | -6.11% | 4.06% | -18.55% | -14.47% | -9.29% |
| Mar | 2.84% | 10.74% | 11.15% | 6.80% | -0.94% | -1.30% | 4.88% |
| Apr | -11.17% | -13.07% | -12.43% | 2.58% | -1.37% | 1.24% | -5.70% |
| May | 0.45% | -4.11% | 12.23% | 53.04% | 24.90% | 44.91% | 21.90% |
| Jun | 17.73% | -3.87% | -8.93% | -17.33% | 10.62% | -22.13% | -3.98% |
| Jul | -4.58% | 45.52% | 8.37% | -3.02% | 7.22% | -9.80% | 7.29% |
| Aug | 6.49% | 28.20% | -6.69% | 4.06% | 6.10% | -13.25% | 4.15% |
| Sep | 1.49% | 3.47% | -13.30% | 17.25% | 12.64% | -12.27% | 1.55% |
| Oct | 23.84% | 6.55% | -8.88% | -19.19% | 18.73% | 1.57%* | 3.77% |
| Nov | -14.48% | 16.13% | 10.46% | -2.77% | 2.72% | -- | 2.41% |
| Dec | -14.25% | -11.12% | 7.48% | -15.24% | -0.88% | -- | -6.80% |
| Total | -18.34% | 61.51% | 7.80% | -3.41% | 53.01% | -44.73% | 9.31% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $176.62
SMA 50: $195.43
SMA 200: $218.41
Current: $174.82
EMA 12: $177.18
EMA 26: $182.94
MACD: -5.7680 | Signal: 0.7212
BEARISH
ADX (14): 23.56
WEAK TREND
+DI: 15.29
−DI: 22.71
Momentum Oscillators
RSI (14): 41.01
NEUTRAL
Stoch %K: 24.79
Stoch %D: 25.88
Williams %R: -72.55
Volume & Volatility
BB Upper: $183.79
BB Lower: $169.44
NEUTRAL
OBV: 15,016,156
Vol SMA 20: 2,286,089
Vol ROC: -28.36%
ATR: $7.58
True Range: $4.86
HV 20: 51.0%
HV 30: 50.6%
HV 60: 51.4%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
FIRST SOLAR, INC. (FSLR) - COMPREHENSIVE STOCK ANALYSIS
Executive Summary
Overall Assessment: BEARISH | Confidence Level: 7/10
First Solar is exhibiting classic downtrend characteristics with technical deterioration outpacing any fundamental recovery narrative. The stock is trading 20% below its 200-day MA ($218.41), with negative MACD momentum (-6.49 histogram), bearish directional movement (-DI 22.71 > +DI 15.29), and declining volume (-28.36% RoC). The recent headline "First Solar (FSLR) Falls More Steeply Than Broader Market" (10-16) aligns with the technical breakdown, suggesting institutional selling pressure. While RSI (41.01) indicates the stock is not yet oversold, the combination of weak trend strength (ADX 23.56) and unfavorable news sentiment creates a risk-off environment heading into earnings on 10-29.
Key Drivers:
- Relative underperformance vs. broader market and renewable energy peers (negative sentiment headline)
- High beta (1.90) amplifying downside volatility during sector rotations
- Deteriorating momentum and price structure below all major moving averages
Primary Risks:
- Continued institutional liquidation if earnings miss expectations on 10-29
- High realized volatility (51.4% HV60) and elevated IV (62.3%) creating expensive option protection
- Negative alpha (-0.40) suggesting structural underperformance
Investment Thesis: FSLR is in a weakening downtrend with technical breakdown below key moving averages and bearish momentum divergence, compounded by recent negative market sentiment. The stock faces a critical test at the October 29 earnings date, with the options market pricing $24.88 of movement—a 14.2% swing from current levels. Risk management is paramount until technical stabilization occurs.
Technical Analysis
Trend Direction
Short-term (1-4 weeks): BEARISH
- Price ($174.82) trading below SMA 20 ($176.62), SMA 50 ($195.43), and SMA 200 ($218.41)
- This multi-layer MA breakdown indicates no short-term support from moving average alignment
- EMA 12 ($177.18) has yet to cross below EMA 26 ($182.94), but the gap is closing—potential bearish crossover imminent
Medium-term (1-3 months): BEARISH
- The 20.9% gap between current price and SMA 200 is substantial and suggests a mature downtrend
- Weak trend strength (ADX 23.56, below 25 threshold) indicates the downtrend is losing momentum but remains directionally negative
- No evidence of reversal formation yet; continuation pattern dominates
Long-term (3-12 months): BEARISH with CAUTION
- While the long-term trend is down, ADX weakness suggests the selloff may consolidate rather than accelerate further
- High volatility (HV60 51.4%) implies potential for sharp reversals if sentiment shifts
Support/Resistance Levels
Critical Support (Monitoring Priority):
- Immediate Support: $169.44 (Bollinger Band lower; also psychological $170 level)
- Secondary Support: $165.00 (recent swing low territory; ~5.6% downside)
- Major Support: $160.00 (psychological round level; ~8.5% downside from current)
Resistance (Recovery Hurdle):
- Immediate Resistance: $176.62 (SMA 20 - must reclaim to signal reversal)
- Secondary Resistance: $183.79 (Bollinger Band upper; recent trading range top)
- Major Resistance: $195.43 (SMA 50 - breakeven for medium-term reversal)
Momentum Signals
RSI (14): 41.01 – NEUTRAL/CAUTION
- Reading is in neutral zone (30-70), but positioned in the lower half
- Not yet in oversold territory (<30), suggesting more downside room before capitulation
- Signal: Momentum is weak but not yet exhausted; potential for further declines before bounce
MACD: -5.77 (Line) vs 0.72 (Signal) – STRONGLY BEARISH
- MACD line deeply negative at -5.77
- Signal line positive at 0.72, but MACD remains well below it (-6.49 histogram)
- This is a classic bearish configuration: No bullish crossover in sight; negative histogram expanding
- Signal: Momentum remains downward-biased; no evidence of reversal initiation
Stochastic Oscillators: %K 24.79 / %D 25.88 – OVERSOLD SETUP
- Both readings in the 20-30 range indicate oversold conditions in the stochastic framework
- However, this contrasts with RSI (41), suggesting shorter-term oversold vs. intermediate-term weakness
- Signal: Potential for a tactical bounce in the very near term, but not a trend reversal signal
Williams %R: -72.55 – OVERSOLD
- Extremely bearish reading (scale: 0 to -100, with -80 to -100 oversold)
- Aligns with stochastic oversold signal
- Signal: Combined with stochastic, suggests 1-3 day bounce potential, but only a counter-trend move
Bollinger Bands Analysis
Current Position: NEUTRAL with COMPRESSION
- Price ($174.82) trading between lower ($169.44) and middle band ($176.62)
- Band width of 8.12 is relatively narrow, suggesting volatility compression
- Interpretation: Bollinger Bands are tightening; this often precedes a breakout or breakdown
- Risk: Given bearish momentum, breakdown below $169.44 (lower band) would accelerate losses
Volume Analysis
Volume Trends: NEGATIVE
- Volume Rate of Change: -28.36% — This is a significant red flag
- Volume SMA 20: 2,286,089 shares/day
- Current volume is running ~28% below its 20-day average, suggesting declining institutional interest
On-Balance Volume (OBV): 15,016,156.82
- OBV levels are not explicitly trending up, consistent with the downward price move
- Declining volume on a downtrend typically indicates selling is decelerating, but it also suggests institutions are not aggressively buying support
Interpretation:
- The steep volume decline suggests the selling wave may be exhausting
- However, the absence of volume spikes on the downmove indicates institutional liquidation rather than panic selling
- Without increasing volume, a reversal lacks conviction
News & Sentiment Analysis
Recent Headlines Summary
Sentiment Breakdown:
- Negative (1 headline): FSLR-specific
- Positive (2 headlines): Sector-related (SEDG, nuclear power alternatives)
- Neutral (3 headlines): Competitive companies (NXT)
Key Themes Identified:
-
Direct Negative Catalyst (10-16): "First Solar (FSLR) Falls More Steeply Than Broader Market: What Investors Need to Know"
- Critical observation: This headline directly aligns with the technical breakdown and negative MACD
- Timing suggests this negative news correlates with the recent price weakness
- "More steeply than broader market" indicates relative weakness vs. SPY/broad market
- This is NOT sector-wide weakness; FSLR is underperforming peers
-
Sector Strength (10-15): "Can SEDG Capitalize on the Growing AI Data Center Power Market?"
- SEDG (SunRun competitor) showing strength in data center power demand
- Suggests renewable energy tailwinds exist, but FSLR is not participating
- Divergence signal: Sector opportunity not translating to FSLR gains
-
Clean Energy Competition (10-15): "Better Clean Energy ETF: VanEck's Nuclear-Focused NLR vs. iShares ICLN"
- Investors rotating between clean energy verticals (nuclear vs. solar/renewables)
- Could indicate capital rotation away from solar (FSLR's core market) toward nuclear alternatives
- Potential headwind for solar-focused companies
-
Neutral Competitor Coverage (10-14): NXT headlines primarily about guidance and execution—not directly relevant to FSLR but shows sector is mixed on growth/execution
Generated
News
All FSLR news →
First Solar stock rose about 2% on Friday, a day after it filed the lawsuit. The post First Solar Sues Corning Subsidiary, Chinese Rival Over Patent Infringement appeared first on Investor's Business Daily .
Showing 1–10 of 14
Page 1 of 2
Earnings History
17 of 23 under expected move
Avg Expected Move
7.71%
Avg Actual Move
5.71%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-02-25 | After-Close | 7.97% | 0.47% | 0.06x | Within |
| 2021-04-29 | After-Close | 5.67% | 12.33% | 2.17x | Exceeded |
| 2021-07-29 | After-Close | 6.03% | 2.75% | 0.46x | Within |
| 2021-11-04 | After-Close | 6.38% | 0.30% | 0.05x | Within |
| 2022-03-01 | After-Close | 8.93% | 8.08% | 0.90x | Within |
| 2022-04-28 | After-Close | 6.93% | 1.07% | 0.15x | Within |
| 2022-07-28 | After-Close | 6.00% | 12.06% | 2.01x | Exceeded |
| 2022-10-27 | After-Close | 7.19% | 1.14% | 0.16x | Within |
| 2023-02-28 | After-Close | 7.05% | 15.69% | 2.23x | Exceeded |
| 2023-04-27 | After-Close | 7.11% | 9.09% | 1.28x | Exceeded |
| 2023-07-27 | After-Close | 6.71% | 4.83% | 0.72x | Within |
| 2023-10-31 | After-Close | 9.06% | 0.27% | 0.03x | Within |
| 2024-02-27 | After-Close | 10.59% | 2.94% | 0.28x | Within |
| 2024-05-01 | After-Close | 6.93% | 1.65% | 0.24x | Within |
| 2024-07-30 | After-Close | 8.29% | 2.42% | 0.29x | Within |
| 2024-10-29 | After-Close | 7.90% | 1.09% | 0.14x | Within |
| 2025-02-25 | After-Close | 9.43% | 6.36% | 0.67x | Within |
| 2025-04-29 | After-Close | 9.02% | 8.32% | 0.92x | Within |
| 2025-07-31 | After-Close | 7.67% | 5.29% | 0.69x | Within |
| 2025-10-30 | After-Close | 8.11% | 14.28% | 1.76x | Exceeded |
| 2026-02-24 | After-Close | 8.75% | 13.61% | 1.56x | Exceeded |
| 2026-04-30 | After-Close | 8.16% | 4.86% | 0.60x | Within |
| 2026-07-30 | After-Close | 7.48% | 2.44% | 0.33x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
FSLR Options Activity & IV Rank
FSLR IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 62.3%
7-DTE IV: 80.6%
Expected Move: $24.88
7-DTE Move: $18.12
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 1,012
Put Volume: 1,069
P/C Volume: 1.056
NEUTRAL
Call OI: 16,453
Put OI: 14,947
P/C OI: 0.908
Total OI: 31,400
ATM Options Pricing
ATM Call: $12.50
ATM Put: $12.38
Call %: 7.2%
Put %: 7.1%
Chain Summary
Chain Volume: 45,662
Chain OI: 725,438
Last Updated: 10/21/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 32nd percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
32%
vs own history
GEX tilt
-0.16
OI-weighted, today
Vanna tilt
+0.35
δ-sensitivity to IV
Charm tilt
-0.68
δ-decay vs time
Vanna tilt +0.35: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.68: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 168 ATM contracts, 110k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
98%
+15.1
pts
EXTREME
as of Oct 21 · ATM 73.2% / Wing 88.2%
30 DTE / 10d
4%
-2.2
pts
EXTREME
as of Oct 21 · ATM 62.5% / Wing 60.2%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)56.4MediumOct 21
IV Rank (30 DTE)42.6MediumOct 21
Straddle Price (30 DTE)$24.88Oct 21
Beta Analysis
Risk Metrics
Beta: 1.8978
Alpha: -39.79%
Correlation: 0.4431
R-Squared: 19.6%
Stock Volatility: 54.4%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
FSLR Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 107,554,000 (as of 2026-03-31)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
57 filers$7.75B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $1.74B | 22.43% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $1.29B | 16.69% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $1.05B | 13.50% | 2026-06-30 |
| 4 | JPMorgan Chase & Co Custodian | $711.41M | 9.18% | 2026-06-30 |
| 5 | IMC-Chicago, LLC Custodian | $496.11M | 6.40% | 2026-06-30 |
| 6 | Walleye Trading LLC | $400.47M | 5.17% | 2026-06-30 |
| 7 | GROUP ONE TRADING LLC Custodian | $326.10M | 4.21% | 2026-06-30 |
| 8 | Wolverine Trading, LLC Custodian | $322.96M | 4.17% | 2025-09-30 |
| 9 | PEAK6 LLC | $212.51M | 2.74% | 2026-06-30 |
| 10 | D. E. Shaw & Co., Inc. Custodian | $156.58M | 2.02% | 2026-06-30 |
| 11 | Citigroup Inc. Custodian | $151.53M | 1.95% | 2026-06-30 |
| 12 | Millennium Management LLC Custodian | $107.20M | 1.38% | 2026-06-30 |
| 13 | LMR Partners LLP | $99.72M | 1.29% | 2026-06-30 |
| 14 | Yaupon Capital Management LP | $86.13M | 1.11% | 2026-06-30 |
| 15 | Balyasny Asset Management L.P. | $76.19M | 0.98% | 2026-06-30 |
| 16 | Irenic Capital Management LP | $59.01M | 0.76% | 2026-06-30 |
| 17 | UBS Group AG Custodian | $55.61M | 0.72% | 2026-06-30 |
| 18 | Barclays PLC Custodian | $51.98M | 0.67% | 2026-06-30 |
| 19 | Simplex Trading, LLC Custodian | $46.06M | 0.59% | 2026-06-30 |
| 20 | Cubist Systematic Strategies, LLC | $33.85M | 0.44% | 2025-09-30 |
| 21 | NOMURA HOLDINGS INC | $27.87M | 0.36% | 2026-06-30 |
| 22 | Squarepoint Ops LLC | $24.66M | 0.32% | 2026-06-30 |
| 23 | SOROS FUND MANAGEMENT LLC | $23.60M | 0.30% | 2026-06-30 |
| 24 | Point72 Asset Management, L.P. | $20.36M | 0.26% | 2026-06-30 |
| 25 | Parallax Volatility Advisers, L.P. | $16.59M | 0.21% | 2026-06-30 |
46 filers$4.63B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $1.24B | 26.70% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $1.12B | 24.23% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $544.08M | 11.74% | 2026-06-30 |
| 4 | Wolverine Trading, LLC Custodian | $269.29M | 5.81% | 2025-09-30 |
| 5 | IMC-Chicago, LLC Custodian | $257.08M | 5.55% | 2026-06-30 |
| 6 | Walleye Trading LLC | $224.85M | 4.85% | 2026-06-30 |
| 7 | GROUP ONE TRADING LLC Custodian | $145.49M | 3.14% | 2026-06-30 |
| 8 | D. E. Shaw & Co., Inc. Custodian | $135.02M | 2.91% | 2026-06-30 |
| 9 | JPMorgan Chase & Co Custodian | $99.24M | 2.14% | 2026-06-30 |
| 10 | UBS Group AG Custodian | $64.89M | 1.40% | 2026-06-30 |
| 11 | Cubist Systematic Strategies, LLC | $55.33M | 1.19% | 2025-09-30 |
| 12 | Citigroup Inc. Custodian | $45.30M | 0.98% | 2026-06-30 |
| 13 | Wells Fargo & Company Custodian | $45.12M | 0.97% | 2026-06-30 |
| 14 | Barclays PLC Custodian | $44.03M | 0.95% | 2026-06-30 |
| 15 | LMR Partners LLP | $35.95M | 0.78% | 2026-06-30 |
| 16 | Millennium Management LLC Custodian | $31.10M | 0.67% | 2026-06-30 |
| 17 | TUDOR INVESTMENT CORP ET AL | $28.86M | 0.62% | 2026-06-30 |
| 18 | Point72 Asset Management, L.P. | $28.79M | 0.62% | 2026-06-30 |
| 19 | Simplex Trading, LLC Custodian | $27.89M | 0.60% | 2026-06-30 |
| 20 | Hudson Bay Capital Management LP | $23.60M | 0.51% | 2026-06-30 |
| 21 | Allianz Asset Management GmbH | $19.54M | 0.42% | 2026-06-30 |
| 22 | Qube Research & Technologies Ltd | $17.89M | 0.39% | 2026-06-30 |
| 23 | Goldman Sachs Group Inc Custodian | $17.56M | 0.38% | 2026-06-30 |
| 24 | Balyasny Asset Management L.P. | $15.10M | 0.33% | 2026-06-30 |
| 25 | BNP Paribas Financial Markets Custodian | $14.11M | 0.30% | 2026-06-30 |
FSLR Insider Trading (Form 4)
Latest: 2026-10-02Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-10-02 | Paul H Stebbins | Director | Award (A) | +300 | — | EDGAR | |
| 2026-10-02 | Norman L. Wright | Director | Award (A) | +300 | — | EDGAR | |
| 2026-10-02 | William J Post | Director | Award (A) | +300 | — | EDGAR | |
| 2026-10-02 | Lisa A Kro | Director | Award (A) | +300 | — | EDGAR | |
| 2026-10-02 | Michael T Sweeney | Director | Award (A) | +300 | — | EDGAR | |
| 2026-10-02 | Markus Gloeckler | Chief Technology Officer | Sell (S) | −800 | $174.00 | -$139.2K | EDGAR |
| 2026-10-02 | Michael J Ahearn | Director | Award (A) | +422 | — | EDGAR | |
| 2026-10-02 | Curtis A Morgan | Director | Award (A) | +300 | — | EDGAR | |
| 2026-10-02 | Venkata S M Renduchintala | Director | Award (A) | +300 | — | EDGAR | |
| 2026-10-02 | Anita M. George | Director | Award (A) | +300 | — | EDGAR | |
| 2026-09-03 | Samantha L. Sloan | EVP, Corporate Affairs | Mixed | +335 | $199.65 | -$26.8K | EDGAR |
| 2026-09-02 | Markus Gloeckler | Chief Technology Officer | Sell (S) | −800 | $200.00 | -$160.0K | EDGAR |
| 2026-08-18 | Samantha L. Sloan | EVP, Corporate Affairs | Mixed | +310 | $222.95 | -$28.3K | EDGAR |
| 2026-08-12 | Jason E. Dymbort | General Counsel and Secretary | Sell (S) | −3,700 | $249.38 | -$922.7K | EDGAR |
| 2026-08-05 | Michael J Ahearn | Director | Gift (G) | −44,584 | — | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
FSLR Insider Holdings
20 insiders · @ $174.82
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Mark R Widmar | Chief Executive Officer | 84,827 | $14.83M | -$85.54M | 82 | 2026-05-27 |
| 2 | Michael J Ahearn | Director | 69,752 | $12.19M | -$729.17M | 129 | 2026-10-02 |
| 3 | Paul H Stebbins | Director | 43,954 | $7.68M | -$4.56M | 86 | 2026-10-02 |
| 4 | William J Post | Director | 34,189 | $5.98M | -$2.19M | 66 | 2026-10-02 |
| 5 | Alexander R. Bradley | Chief Financial Officer | 30,712 | $5.37M | -$16.41M | 49 | 2026-05-05 |
| 6 | Caroline Stockdale | Chief People and Comm. Officer | 23,792 | $4.16M | -$6.19M | 24 | 2026-06-01 |
| 7 | Georges Antoun | Chief Commercial Officer | 19,918 | $3.48M | -$43.29M | 86 | 2026-05-05 |
| 8 | Molly Joseph | Director | 16,195 | $2.83M | $0 | 33 | 2025-07-01 |
| 9 | Michael T Sweeney | Director | 14,625 | $2.56M | -$19.43M | 95 | 2026-10-02 |
| 10 | Michael Koralewski | Chief Supply Chain Officer | 11,142 | $1.95M | -$4.62M | 27 | 2026-08-05 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
FSLR Board & Officers
As of SEC filings through Oct 2, 2026Directors 11
- Michael J Ahearn · since Nov 16, 2006
- Michael T Sweeney · since Nov 16, 2006
- Paul H Stebbins · since Dec 19, 2009
- William J Post · since Jun 1, 2010
- Mark R Widmar · listed since Aug 2016
- Molly Joseph · since Jun 5, 2017
- Anita M. George · since Jul 15, 2021
- Lisa A Kro · since May 26, 2022
- Norman L. Wright · since May 26, 2022
- Venkata S M Renduchintala · since May 8, 2024
- Curtis A Morgan · since May 13, 2026
Officers 11
- Mark R Widmar · Chief Executive Officer · listed since Jul 2016
- Alexander R. Bradley · Chief Financial Officer · since Jul 1, 2016
- Georges Antoun · Chief Commercial Officer · listed since Jul 2016
- Markus Gloeckler · Chief Technology Officer · since Jul 23, 2020
- Caroline Stockdale · Chief People and Comm. Officer · listed since Mar 2022
- Kuntal Kumar Verma · Chief Manufacturing Officer · listed since Mar 2023
- Michael Koralewski · Chief Supply Chain Officer · listed since Mar 2023
- Patrick James Buehler · Chief Product Officer · listed since Mar 2023
- Jason E. Dymbort · General Counsel and Secretary · listed since Mar 2022
- Samantha L. Sloan · EVP, Corporate Affairs · since Apr 17, 2025
- Nathan B. Theurer · VP - Global Controller and CAO · since Jan 6, 2025
Changes in the last 10 years (36)
| May 13, 2026 | Curtis A Morgan became a director |
| Apr 17, 2025 | Samantha L. Sloan became EVP, Corporate Affairs |
| Jan 6, 2025 | Nathan B. Theurer became VP - Global Controller and CAO |
| Jul 1, 2024 | R Craig Kennedy reported in an SEC filing no longer being a director |
| Jul 1, 2024 | George A Hambro reported in an SEC filing no longer being a director |
| May 13, 2024 | Richard D Chapman reported in an SEC filing no longer being a director |
| May 8, 2024 | Venkata S M Renduchintala became a director |
| Mar 6, 2023 | Patrick James Buehler listed as Chief Product Officer (previously Chief Quality and Rel. Officer) in SEC filings |
| Mar 6, 2023 | Michael Koralewski listed as Chief Supply Chain Officer (previously Chief Mfg. Operations Officer) in SEC filings |
| Mar 6, 2023 | Kuntal Kumar Verma listed as Chief Manufacturing Officer (previously Chief Mfg. Engineering Officer) in SEC filings |
| Jul 1, 2022 | Sharon L. Allen reported in an SEC filing no longer being a director |
| Jul 1, 2022 | Kathryn A Hollister reported in an SEC filing no longer being a director |
| May 26, 2022 | Norman L. Wright became a director |
| May 26, 2022 | Lisa A Kro became a director |
| Mar 4, 2022 | Jason E. Dymbort listed as General Counsel and Secretary (previously General Counsel) in SEC filings |
| Mar 4, 2022 | Caroline Stockdale listed as Chief People and Comm. Officer (previously EVP, HR & Communications) in SEC filings |
| Jul 15, 2021 | Anita M. George became a director |
| Mar 18, 2021 | Kathryn A Hollister became a director |
| Mar 9, 2021 | Raffi Garabedian reported in an SEC filing no longer being Chief Technology Officer |
| Nov 3, 2020 | Lukas T Walton reported in an SEC filing no longer being a 10% owner |
| Oct 16, 2020 | Jason E. Dymbort listed as General Counsel (previously General Counsel, Interim) in SEC filings |
| Jul 23, 2020 | Patrick James Buehler became Chief Quality and Rel. Officer |
| Jul 23, 2020 | Michael Koralewski became Chief Mfg. Operations Officer |
| Jul 23, 2020 | Markus Gloeckler became Chief Technology Officer |
| Jul 23, 2020 | Kuntal Kumar Verma became Chief Mfg. Engineering Officer |
| Apr 2, 2020 | Paul J Kaleta reported in an SEC filing no longer being EVP, Genl Counsel & Secretary |
| Mar 31, 2020 | Jason E. Dymbort became General Counsel, Interim |
| Mar 10, 2020 | Byron Michael Jeffers listed as VP - Global Controller and CAO (previously CAO, Interim) in SEC filings |
| Oct 7, 2019 | Caroline Stockdale became EVP, HR & Communications |
| May 10, 2019 | Byron Michael Jeffers became CAO, Interim |
| Jun 5, 2017 | Molly Joseph became a director |
| Feb 24, 2017 | Paul J Kaleta listed as EVP, Genl Counsel & Secretary (previously EVP, General Counsel) in SEC filings |
| Oct 26, 2016 | Lukas T Walton became a 10% owner |
| Oct 26, 2016 | John T. Walton Residuary Trust reported in an SEC filing no longer being a 10% owner |
| Oct 26, 2016 | JCL Holdings LLC reported in an SEC filing no longer being a 10% owner |
| Oct 26, 2016 | JCL FSLR Holdings, LLC reported in an SEC filing no longer being a 10% owner |
Not reported recently (6)
- Byron Michael Jeffers · Last reported as VP - Global Controller and CAO in an SEC filing dated Aug 13, 2024
- Philip DeJong · Last reported as Chief Operating Officer in an SEC filing dated Mar 11, 2021
- Christopher Bueter · Last reported as EVP, Human Resources in an SEC filing dated Jun 18, 2019
- Bryan Robert Schumaker · Last reported as Chief Accounting Officer in an SEC filing dated Mar 11, 2019
- J Thomas Presby · Last reported as a director in an SEC filing dated Apr 3, 2018
- James F Nolan · Last reported as a director in an SEC filing dated Apr 3, 2018
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
FSLR Proposed Insider Sales (Form 144)
Latest: 2026-10-01
? Form 144 Guide
Last 30d:
1 filing
· $139K notice value
· Last 90d:
7 filings
· $3.8M notice value
· 4 unique filers
· 86% under 10b5-1 plans
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
Koralewski Michael (1, $1.6M) · Gloeckler Markus (4, $1.3M) · Dymbort Jason E. (1, $923K) · Sloan Samantha L. (1, $28K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-10-01 | Gloeckler Markus | Officer | 800 | $139.2K | 2026-10-01 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2026-09-01 | Gloeckler Markus | Officer | 800 | $160.0K | 2026-09-01 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2026-08-17 | Sloan Samantha L. | Officer | 127 | $28.3K | 2026-08-17 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-08-11 | Dymbort Jason E. | Officer | 3,700 | $922.7K | 2026-08-11 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2026-08-04 | Gloeckler Markus | Officer | 829 | $205.6K | 2026-08-04 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2026-08-03 | Gloeckler Markus | Officer | 3,425 | $749.9K | 2026-08-03 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2026-08-03 | Koralewski Michael | Officer | 7,000 | $1.55M | 2026-08-03 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2026-06-02 | Buehler Patrick James | Officer | 3,000 | $906.0K | 2026-06-02 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2026-05-28 | Stockdale Caroline | Officer | 10,628 | $2.93M | 2026-05-28 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2026-05-26 | Widmar Mark R | Officer, Director | 5,195 | $1.40M | 2026-05-26 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-05-15
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Accession | Link |
|---|---|---|
| 2026-05-15 | 0001274494-26-000138 | EDGAR |
| 2026-04-30 | 0001274494-26-000108 | EDGAR |
| 2026-02-24 | 0001274494-26-000020 | EDGAR |
| 2026-02-19 | 0001274494-26-000016 | EDGAR |
| 2025-10-30 | 0001274494-25-000081 | EDGAR |
| 2025-10-21 | 0001274494-25-000077 | EDGAR |
| 2025-07-31 | 0001274494-25-000053 | EDGAR |
| 2025-07-30 | 0001274494-25-000047 | EDGAR |
| 2025-06-24 | 0001274494-25-000043 | EDGAR |
| 2025-05-16 | 0001274494-25-000036 | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-04-30 | 0001274494-26-000109 | EDGAR |
| 2025-10-30 | 0001274494-25-000082 | EDGAR |
| 2025-07-31 | 0001274494-25-000054 | EDGAR |
| 2025-04-29 | 0001274494-25-000033 | EDGAR |
| 2024-10-29 | 0001274494-24-000038 | EDGAR |
| 2024-07-30 | 0001274494-24-000033 | EDGAR |
| 2024-05-01 | 0001274494-24-000022 | EDGAR |
| 2023-10-31 | 0001274494-23-000025 | EDGAR |
| 2023-07-27 | 0001274494-23-000022 | EDGAR |
| 2023-04-27 | 0001274494-23-000010 | EDGAR |
ETF Holders
327 ETFs hold FSLR
25 shown · $3.69B total exposure · 0.05% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.02% | $569.4M | — | 2026-09-30 |
| 2 | VOO Vanguard S&P 500 ETF | Vanguard | 0.03% | $494.2M | — | 2026-09-30 |
| 3 | IVV iShares Core S&P 500 ETF | iShares (BlackRock) | 0.03% | $249.2M | $890.4B | 2026-10-20 |
| 4 | SPY State Street® SPDR® S&P 500® ETF Trust | SPDR (State Street) | 0.03% | $231.1M | $818.4B | 2026-10-20 |
| 5 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.11% | $201.2M | — | 2026-09-30 |
| 6 | VO Vanguard Morningstar Mid-Cap ETF | Vanguard | 0.09% | $191.4M | — | 2026-09-30 |
| 7 | VUG Vanguard Morningstar Growth ETF | Vanguard | 0.05% | $179.2M | — | 2026-09-30 |
| 8 | VGT Vanguard Information Technology ETF | Vanguard | 0.10% | $173.1M | — | 2026-09-30 |
| 9 | RSP Invesco S&P 500 Equal Weight ETF | Invesco | 0.17% | $168.6M | — | 2026-10-20 |
| 10 | ICLN iShares Global Clean Energy ETF | iShares (BlackRock) | 8.10% | $167.6M | $2.1B | 2026-10-20 |
| 11 | XLK State Street® Technology Select Sector SPDR® ETF | SPDR (State Street) | 0.11% | $136.9M | $122.3B | 2026-10-20 |
| 12 | VBK Vanguard Morningstar Small-Cap Growth ETF | Vanguard | 0.26% | $112.1M | — | 2026-09-30 |
| 13 | CGGR Capital Group Growth ETF | Capitalgroup | 0.40% | $103.5M | $26.1B | 2026-10-20 |
| 14 | TAN Invesco Solar ETF | Invesco | 9.39% | $82.2M | — | 2026-10-20 |
| 15 | COWZ Pacer US Cash Cows 100 ETF | Nport | 0.42% | $76.1M | — | 2026-04-30 |
| 16 | IWR iShares Russell Mid-Cap ETF | iShares (BlackRock) | 0.13% | $74.3M | $57.3B | 2026-10-20 |
| 17 | USMV iShares MSCI USA Min Vol Factor ETF | iShares (BlackRock) | 0.30% | $72.7M | $24.0B | 2026-10-20 |
| 18 | VOT Vanguard Morningstar Mid-Cap Growth ETF | Vanguard | 0.21% | $70.2M | — | 2026-09-30 |
| 19 | RSPT Invesco S&P 500 Equal Weight Technology ETF | Invesco | 1.14% | $69.0M | — | 2026-10-20 |
| 20 | XSD State Street® SPDR® S&P® Semiconductor ETF | SPDR (State Street) | 2.28% | $56.8M | $2.5B | 2026-10-20 |
| 21 | SPYM State Street® SPDR® Portfolio S&P 500® ETF | SPDR (State Street) | 0.03% | $51.6M | $183.5B | 2026-10-20 |
| 22 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.05% | $48.3M | — | 2026-10-20 |
| 23 | IVW iShares S&P 500 Growth ETF | iShares (BlackRock) | 0.05% | $39.9M | $77.9B | 2026-10-20 |
| 24 | IWD iShares Russell 1000 Value ETF | iShares (BlackRock) | 0.04% | $37.5M | $84.5B | 2026-10-20 |
| 25 | SCHX Schwab U.S. Large-Cap ETF | Nport | 0.05% | $35.0M | — | 2026-05-31 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
—
TTM Diluted EPS
$15.48
TTM Revenue
$5.42B
TTM Net Income
$1.67B
TTM Op. Cash Flow
$2.45B
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '26 | 2026-03-31 | $1.04B | $346.62M | $3.22 | $-214.87M |
| Q4 '25 | 2025-12-31 | $1.68B | $520.88M | $4.84 | $1.24B |
| Q3 '25 | 2025-09-30 | $1.59B | $455.94M | $4.24 | $1.27B |
| Q2 '25 | 2025-06-30 | $1.10B | $341.87M | $3.18 | $149.58M |
| Q1 '25 | 2025-03-31 | $844.57M | $209.53M | $1.95 | $-607.98M |
| Q4 '24 | 2024-12-31 | $1.51B | $393.12M | $3.66 | $811.00M |
| Q3 '24 | 2024-09-30 | $887.67M | $312.96M | $2.91 | $-53.73M |
| Q2 '24 | 2024-06-30 | $1.01B | $349.36M | $3.25 | $193.01M |
| Q1 '24 | 2024-03-31 | $794.11M | $236.62M | $2.20 | $267.72M |
| Q4 '23 | 2023-12-31 | $1.16B | $349.24M | $3.25 | $561.11M |
| Q3 '23 | 2023-09-30 | $801.09M | $268.40M | $2.50 | $165.43M |
| Q2 '23 | 2023-06-30 | $810.67M | $170.58M | $1.59 | $-89.68M |
Q1 2026 • period ending 2026-03-31 • filed 2026-04-30
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
11.29
P/B
1.90
P/S
3.47
EV/EBITDA
7.34
EV/Sales
3.08
ROE
16.9%
ROA
12.5%
Div Yield
0.00%
FCF Yield
13.03%
Debt/Equity
0.02
Current Ratio
—
Market Cap
$18.80B
as of 2026-10-21
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
11.13M
SI % of Float
10.39%
Days to Cover
4.06
Short Vol Ratio
58.1%
Free Float
107.07M
Float %
99.6%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-05-27