First Solar, Inc. vs NIO Inc. — how do they compare? First Solar, Inc. trades at $217.76 (market cap $24.05B), while NIO Inc. trades at $5.07 (market cap $12.65B). The key difference: First Solar, Inc. is the larger of the two by market cap. Which is the better fit depends on your goals.
| FSLR | NIO | |
|---|---|---|
Market Cap | $24.05B | $12.65B |
Sector | Technology | Consumer Cyclical |
52-Week High | $318.30 | $7.89 |
52-Week Low | $166.82 | $4.11 |
Enterprise Value | $22.21B | $11.88B |
Signals from Pluang's Aura AI — not financial advice
First Solar (FSLR) trades at $220.58, down 0.2% on the day, with a bearish technical signal driven by moving averages. The company shows strong fundamentals with a P/E of 14.46, net income margin of 30.73%, and robust cash flow from operations of $2.06B in 2025. Recent earnings beat in Q1 2026 but missed in prior quarters. Multiple class-action lawsuits filed in July 2026 allege securities fraud, creating near-term legal overhang.
The stock presents a mixed outlook: solid profitability and analyst consensus price target of $275.17 suggest upside, but legal risks and bearish technicals weigh. Investors face tension between strong financial health and potential volatility from litigation outcomes.
NIO trades at $5.02, up 1.83% today, showing resilience amid bearish technical signals. The company reported strong Q2 2026 vehicle deliveries with 62.9% year-over-year growth, while financials reveal ongoing losses with a net income margin of -9.09% for 2025. Analyst sentiment remains positive with 54% buy ratings, including a recent Goldman Sachs upgrade to Buy with a $7 target.
NIO presents a high-risk, high-reward opportunity with strong delivery growth offset by persistent profitability challenges. The path to profitability remains the key investment thesis, with recent margin improvements and premium vehicle mix providing potential upside. Significant risks include intense EV competition, cash burn, and regulatory uncertainties in the Chinese market.
Trailing returns across standard periods
Latest headlines on both assets
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 a new factory under construction in India.
Read more on FSLR →NIO Inc. manufactures and sells automobiles. The Company offers electric vehicles and parts, as well as provides battery charging services. NIO serves customers worldwide.
Read more on NIO →