Head to Head

FSLR vs SHLS: which is the better buy in 2026?

On Alexandria's Compass, First Solar has the edge with a 93/100 score versus 82/100 for SHLS. Here is how they stack up, factor by factor.

First Solar

NASDAQ:FSLR

Edge
93/100 Compass
True NorthStrong Buy$28.3B

America's only scaled thin-film solar manufacturer trades at 10x forward earnings while domestic content rules rewrite who wins utility-scale solar.

Full FSLR analysis

Shoals Technologies Group, Inc.

NASDAQ:SHLS

82/100 Compass
True NorthAccumulate$1.7B

The picks-and-shovels play on utility-scale solar buildout, finally trading like the business has turned, not the stock.

Full SHLS analysis

Factor by factor

FactorFSLRSHLS
Revenue Growth6335
Profitability6640
Valuation7763
Momentum6666
Theme Purity9972
Moat6345
Catalysts9980
Market Position5150

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Frequently asked questions

Is FSLR or SHLS the better buy in 2026?

By Compass Score, First Solar (NASDAQ:FSLR) edges it at 93/100 versus 82/100 for SHLS. Both scores update weekly and reflect a contrarian, forward-looking read, not a recommendation.

How does Alexandria compare FSLR and SHLS?

Each company is scored 1-100 on eight factors: revenue growth, profitability, valuation, momentum, theme purity, moat, catalysts, and market position. The Compass Score is the composite, and the comparison below shows where each name wins factor by factor.

Compass Scores are proprietary editorial research from publicly available data, not investment advice or a recommendation regarding any security. Rankings update weekly.