First Solar (FSLR) vs MACOM Technology Solutions (MTSI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
MACOM Technology Solutions (MTSI) has outperformed First Solar (FSLR) over the past year, gaining 141.9% versus a loss of 22.7%. Over five years, MTSI leads with a +401.2% price change compared with +70.2% for FSLR. MACOM Technology Solutions is the larger company by market cap ($25.06 billion vs $19.15 billion), about 1.3 times the size.
On valuation, First Solar trades at a lower forward P/E (7.7x vs 38.7x for MACOM Technology Solutions). First Solar converts more of its revenue into profit, with a net margin of 29.3% versus -5.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FSLR | MTSI |
|---|---|---|
| Share price | $178.24 | $328.15 |
| Market cap | $19.15B | $25.06B |
| 1-day change | -0.34% | +1.84% |
| YTD return | -31.54% | +88.12% |
| 1-year return | -22.70% | +141.92% |
| 5-year return | +70.16% | +401.18% |
| P/E ratio (TTM) | 10.99 | 104.51 |
| Forward P/E | 7.69 | 38.65 |
| EPS (TTM) | $16.22 | $3.14 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $5.22B | $967.26M |
| Revenue growth (YoY) | +24.09% | +32.58% |
| Net income (latest FY) | $1.53B | $-54.21M |
| Gross margin | 40.62% | 54.69% |
| Operating margin | 30.59% | 13.40% |
| Net margin | 29.28% | -5.60% |
| 52-week high | $320.95 | $418.90 |
| 52-week low | $168.60 | $121.97 |
| Distance from 52-week high | -44.47% | -21.66% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +54.71% | +20.47% |
| Average volume | 2.27M | 1.36M |
| Shares outstanding | 107.47M | 76.37M |
| Employees | 7,900 | 2,000 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MTSI has outperformed FSLR by 164.6 percentage points over the past year.
- MACOM Technology Solutions trades at a higher earnings multiple (104.5x vs 11.0x trailing P/E).
- First Solar is more profitable, keeping 29.3 cents of every revenue dollar as net income versus -5.6 cents for MACOM Technology Solutions.
- MACOM Technology Solutions grew revenue faster in its latest fiscal year (+32.58% vs +24.09%).
About First Solar
FSLR stock →First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules.
Technology · Semiconductors · 7,900 employees
About MACOM Technology Solutions
MTSI stock →MACOM Technology Solutions Holdings, Inc., together with its subsidiaries, provides analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum. The company offers a portfolio of standard and custom devices, including integrated circuits, multi-chip modules, diodes, amplifiers, switches and switch limiters, passive and active components, and subsystems.
Technology · Semiconductors · 2,000 employees
FSLR vs MTSI FAQ
Which is bigger, First Solar or MACOM Technology Solutions?
MACOM Technology Solutions (MTSI) is larger, with a market capitalization of $25.06B compared with $19.15B for First Solar (FSLR).
Which stock has performed better over the past year, FSLR or MTSI?
MTSI returned +141.92% over the past 12 months, compared with -22.70% for FSLR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FSLR or MTSI?
FSLR has the lower trailing P/E at 11.0, versus 104.5 for MTSI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are First Solar and MACOM Technology Solutions in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.