Record Sales Lift First Solar Shares

FSLR is the world’s biggest thin-film photovoltaic (PV) solar module manufacturer and the largest PV solar module manufacturer in the Western Hemisphere, making products for project developers, system integrators, renewable energy projects, and commercial solar projects for utilities. Its first-quarter fiscal 2026 earnings report showed a record $1 billion in net sales (24% year-over-year growth), adjusted EBITDA of $520 million (a 60% margin), net income of $347 million along with diluted per-share earnings of $3.22 (a 65% jump).

It’s no wonder FSLR shares are up 19% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.

First Solar Shines on Institutional Inflows

Institutional volumes reveal plenty. In the last year, FSLR has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in FSLR shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of industrials names are under accumulation right now. But there’s a powerful fundamental story happening with First Solar.

First Solar Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, FSLR has had strong sales and earnings growth:

• 3-year sales growth rate (+25.8%)
• 3-year EPS growth rate (+36.6%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +36.3%.

Now it makes sense why the stock has been generating Big Money interest. FSLR has a track record of strong financial performance.

Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term.

First Solar has been a top-rated stock at MoneyFlows. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s generated six outlier inflow signals in the last year and is up 47.4% since the first one. The blue bars below show when FSLR was a top pick on the Outlier 20 report…Big Money keeps buying:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

First Solar Price Prediction

The FSLR action isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in FSLR at the time of publication.

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