First Solar, Inc. (FSLR)

First Solar Stock Forecast

Stock Price Forecast

The 25 analysts that cover First Solar stock have a consensus rating of "Strong Buy" and an average price target of $253.22, which forecasts a 6.55% increase in the stock price over the next year. The lowest target is $150 and the highest is $330.

Price Target: $253.22 (+6.55%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$150	$253.22	$260	$330
Change	-36.88%	+6.55%	+9.40%	+38.86%

Analyst Ratings

The average analyst rating for First Solar stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	11	11	12	13	12	11
Buy	13	13	11	11	11	11
Hold	2	1	2	2	2	3
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	27	26	26	27	26	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Osha Guggenheim	Guggenheim	Strong Buy Maintains $289 → $312	Strong Buy	Maintains	$289 → $312	+31.29%	Jan 8, 2026
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy → Hold Downgrades $269 → $260	Strong Buy → Hold	Downgrades	$269 → $260	+9.40%	Jan 7, 2026
Michael Blum Wells Fargo	Wells Fargo	Buy Maintains $270 → $285	Buy	Maintains	$270 → $285	+19.92%	Dec 19, 2025
Gordon L. Johnson GLJ Research	GLJ Research	Strong Buy Maintains $214 → $314	Strong Buy	Maintains	$214 → $314	+32.31%	Nov 4, 2025
Jon Windham UBS	UBS	Strong Buy Maintains $275 → $330	Strong Buy	Maintains	$275 → $330	+38.86%	Nov 3, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

5.21B

Increased by 23.81%

from 4.21B

Revenue Next Year

6.31B

Increased by 21.12%

from 5.21B

EPS This Year

14.91

Increased by 24.03%

from 12.02

EPS Next Year

22.99

Increased by 54.17%

from 14.91

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.71B	2.92B	2.62B	3.32B	4.21B	5.21B	6.31B
Revenue Growth	-11.49%	7.82%	-10.40%	26.70%	26.75%	23.81%	21.12%
EPS	3.73	4.38	-0.41	7.74	12.02	14.91	22.99
EPS Growth	-	17.43%	-	-	55.30%	24.03%	54.17%
Forward PE	-	-	-	-	-	15.94	10.34
No. Analysts	-	-	-	-	-	43	43

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	5.6B	8.0B
Avg	5.2B	6.3B
Low	4.9B	5.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	32.7%	53.6%
Avg	23.8%	21.1%
Low	15.3%	-3.7%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	16.45	28.93
Avg	14.91	22.99
Low	13.69	14.24

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	36.9%	94.0%
Avg	24.0%	54.2%
Low	13.9%	-4.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.