First Solar (XSWX:FSLR) Momentum Rank: 8 (As of Aug. 03, 2026) — 33% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:FSLR First Solar Inc XSWX:FSLR
89 GF Score
Price CHF170.84
GF Value CHF147.35
! 5 Warning Signs
View Full Analysis

What is First Solar Momentum Rank?

First Solar XSWX:FSLR +4.34% 89 Momentum Rank is 8 as of Aug. 03, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates XSWX:FSLR with a GF Score™ of 89/100 and a GF Value™ of CHF147.35. The stock has 5 warning signs investors should review.

First Solar has the Momentum Rank of 8.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


First Solar Momentum Rank Related Terms


XSWX:FSLR vs NXT, ENPH, SEDG: Momentum Rank Comparison

For the Solar subindustry, First Solar's Momentum Rank, along with its competitors' market caps and Momentum Rank 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 Momentum Rank vs Semiconductors Industry

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

* The bar in red indicates where First Solar's Momentum Rank falls into.


XSWX:FSLR
89GF Score
First Solar Inc XSWX:FSLR
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 8 mean?
First Solar (XSWX:FSLR) has a Momentum Rank of 8 as of Aug. 03, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on First Solar and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, First Solar's Momentum Rank has ranged from 1.00 to 10.00.
Is First Solar's Momentum Rank too high?
First Solar's current Momentum Rank of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. Overall, First Solar has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does First Solar's Momentum Rank compare to NXT and ENPH?
First Solar's Momentum Rank of 8 can be compared against companies in the Semiconductors industry. Historically, First Solar's own Momentum Rank has ranged from 1.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Momentum Rank for a Semiconductors company?
A good Momentum Rank depends on the Semiconductors industry context. However, Momentum Rank 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 Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on First Solar and its competitors. First Solar's current Momentum Rank is 8, which is 33% above median its own 10-year median of 6.00. 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 Momentum Rank of 8. The stock's GF Value™ is CHF147.35, compared to a current price of CHF170.84 — trading 15.9% above its estimated fair value. The current Momentum Rank is 8, which is 33% above median its 10-year median of 6.00. First Solar's overall GF Score™ is 89/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For First Solar (XSWX:FSLR), the current Momentum Rank is 8 as of Aug. 03, 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 overvalued. The current stock price of CHF170.84 is trading 15.9% above its estimated GF Value™ of CHF147.35.

Key valuation signals for XSWX:FSLR:

  • Momentum Rank: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: CHF147.35 vs. price of CHF170.84 (15.9% above fair value)
  • GF Score™: 89/100 with 5 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.
89GF Score

Get the complete analysis for XSWX:FSLR

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

CHF170.84
Price
CHF147.35
GF Value