First Solar, Inc. (FSLR)

First Solar Stock Forecast

Stock Price Forecast

The 30 analysts that cover First Solar stock have a consensus rating of "Strong Buy" and an average price target of $234.5, which forecasts a 62.96% increase in the stock price over the next year. The lowest target is $100 and the highest is $305.

Price Target: $234.5 (+62.96%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$100	$234.5	$238	$305
Change	-30.51%	+62.96%	+65.39%	+111.95%

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	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	12	11	11	11	12	13
Buy	11	13	13	12	13	13
Hold	2	2	2	4	4	3
Sell	0	0	0	1	1	1
Strong Sell	0	0	0	0	0	0
Total	25	26	26	28	30	30

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Julien Dumoulin-Smith Jefferies	Jefferies	Hold → Strong Buy Upgrades $157 → $192	Hold → Strong Buy	Upgrades	$157 → $192	+33.43%	Jun 11, 2025
Maheep Mandloi Mizuho	Mizuho	Buy Maintains $251 → $275	Buy	Maintains	$251 → $275	+91.10%	Jun 2, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Hold Maintains $127 → $157	Hold	Maintains	$127 → $157	+9.10%	May 23, 2025
Brian Lee Goldman Sachs	Goldman Sachs	Strong Buy Maintains $204 → $255	Strong Buy	Maintains	$204 → $255	+77.21%	May 19, 2025
Brian Lee Goldman Sachs	Goldman Sachs	Strong Buy Maintains $235 → $204	Strong Buy	Maintains	$235 → $204	+41.77%	May 13, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

5.15B

Increased by 22.46%

from 4.21B

Revenue Next Year

6.19B

Increased by 20.09%

from 5.15B

EPS This Year

15.29

Increased by 27.19%

from 12.02

EPS Next Year

22.51

Increased by 47.23%

from 15.29

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.71B	2.92B	2.62B	3.32B	4.21B	5.15B	6.19B	7.00B
Revenue Growth	-11.49%	7.82%	-10.40%	26.70%	26.75%	22.46%	20.09%	13.11%
EPS	3.73	4.38	-0.41	7.74	12.02	15.29	22.51	26.72
EPS Growth	-	17.43%	-	-	55.30%	27.19%	47.23%	18.72%
Forward PE	-	-	-	-	-	9.41	6.39	5.39
No. Analysts	-	-	-	-	-	42	42	28

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	5.8B	7.5B	8.8B
Avg	5.2B	6.2B	7.0B
Low	4.4B	4.4B	5.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	36.9%	45.6%	42.6%
Avg	22.5%	20.1%	13.1%
Low	5.1%	-14.7%	-16.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	19.08	28.65	35.93
Avg	15.29	22.51	26.72
Low	12.30	13.89	13.14

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	58.7%	87.4%	59.6%
Avg	27.2%	47.2%	18.7%
Low	2.3%	-9.2%	-41.6%

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.