First Solar (XSWX:FSLR) Moat Score: 7/10 (As of Jun. 27, 2026)


XSWX:FSLR First Solar Inc XSWX:FSLR
91 GF Score
Price CHF196.30
GF Value CHF218.37
! 4 Warning Signs
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What is First Solar Moat Score?

First Solar XSWX:FSLR -2.27% 91 Moat Score is 7 as of Jun. 27, 2026. GuruFocus rates XSWX:FSLR with a GF Score™ of 91/100 and a GF Value™ of CHF218.37. The stock has 4 warning signs investors should review. Among 1,002 Semiconductors companies, First Solar ranks better than 98.8% on this metric.

First Solar has the Moat Score of 7, which implies that the company might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

First Solar has Wide Moat: First Solar possesses a wide moat with durable cost advantages from proprietary technology and economies of scale. It leads in the solar industry with strong brand recognition and significant R&D capabilities, providing sustainable pricing power and market leadership.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes First Solar might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

First Solar  (XSWX:FSLR) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

First Solar Moat Score Related Terms

XSWX:FSLR vs NXT, ENPH, SEDG: Moat Score Comparison

For the Solar subindustry, First Solar's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Solar Moat Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, First Solar's Moat Score distribution charts can be found below:

* The bar in red indicates where First Solar's Moat Score falls into.


XSWX:FSLR
91GF Score
First Solar Inc XSWX:FSLR
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 7 mean?
First Solar (XSWX:FSLR) has a Moat Score of 7 as of Jun. 27, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, First Solar ranks #12 out of 1002 companies in the Semiconductors industry, placing it in the top 1.2%.
Is First Solar's Moat Score too high?
First Solar's current Moat Score is 7. Based on the distribution chart, First Solar ranks #12 out of 1002 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, First Solar has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does First Solar's Moat Score compare to NXT and ENPH?
According to the Semiconductors industry distribution chart, First Solar ranks #12 out of 1002 companies for Moat Score. This places First Solar in the top 1% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Semiconductors company?
A good Moat Score depends on the Semiconductors industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. First Solar's current Moat Score is 7. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Solar stock overvalued right now?
First Solar (XSWX:FSLR) has a current Moat Score of 7. The stock's GF Value™ is CHF218.37, compared to a current price of CHF196.30 — trading 10.1% below its estimated fair value. The current Moat Score is 7. First Solar's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For First Solar (XSWX:FSLR), the current Moat Score is 7 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Solar (XSWX:FSLR) Overvalued in 2026?

Based on GuruFocus' analysis, First Solar stock appears to be undervalued. The current stock price of CHF196.30 is trading 10.1% below its estimated GF Value™ of CHF218.37.

Key valuation signals for XSWX:FSLR:

  • Moat Score: 7
  • GF Value™: CHF218.37 vs. price of CHF196.30 (10.1% below fair value)
  • GF Score™: 91/100 with 4 warning signs

No single metric tells the full story. See the XSWX:FSLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

First Solar Business Description

Address 4300 East Camelback Road, Suite 220, Phoenix, AZ, USA, 85018
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
91GF Score

Get the complete analysis for XSWX:FSLR

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF196.30
Price
CHF218.37
GF Value