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Stock Comparison · Structural lead, mixed market

First Solar vs Vistra: Which Stock Looks Stronger in 2026?

First Solar holds the cleaner structural position, with valuation as the main driver and stability adding further support. Vistra still has the edge on profitability, which keeps the comparison from looking entirely one-sided. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

The lead is spread across valuation and stability, rather than sitting in one isolated gap. First Solar, Inc. leads by 21 points on the overall comparison score.

Trajectory Similarity
0.59
Moderately similar
Peer-set rank: #17
within First Solar, Inc.'s functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

A moderate similarity means the pair is structurally comparable, but not a near-twin trajectory match.

The clearest structural overlap shows up in revenue stability and margin consistency.

Similarity drivers
revenue stabilitymargin consistency
What reduces the match
investment intensity
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
FSLR
First Solar, Inc.
61
Peer-Score
Signal qualityMedium
vs
VST
Vistra Corp.
40
Peer-Score
Signal qualityMedium

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: FSLR vs VST Profitability 47 68 Stability 46 23 Valuation 88 26 Growth 55 35 FSLR VST
Gap Ranking
#1 Valuation +62
#2 Stability +23
#3 Profitability +21
#4 Growth +20
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for FSLR and VST Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer FSLRVST Relative valuation Structural strength

First Solar, Inc. and Vistra Corp. look relatively close on structure, but the price setup still leans toward First Solar, Inc..

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Valuation
First Solar, Inc. ranks near the top of the group on valuation; Vistra Corp. sits in the weaker half.
Stability
Stability also leans toward First Solar, Inc., reinforcing the broader structural lead.
Valuation — Dominant Gap
FSLR
88
VST
26
Gap+62in favour of FSLR

The multiple-based pricing edge comes from a forward P/E that is 5.6 turns lower.

What else supports the lead

Stability still reinforces the same direction, which makes the lead look broader across the profile.

What this means for the comparison

Valuation is the clearest driver of the lead, with stability adding further support — though profitability still provides a real counterweight.

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Break down the FSLR vs VST comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how FSLR and VST each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.