First Solar, Inc. (FSLR)

First Solar Stock Forecast

Stock Price Forecast

The 27 analysts that cover First Solar stock have a consensus rating of "Buy" and an average price target of $241.74, which forecasts a 30.88% increase in the stock price over the next year. The lowest target is $150 and the highest is $303.

Price Target: $241.74 (+30.88%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$150	$241.74	$245	$303
Change	-18.79%	+30.88%	+32.65%	+64.05%

Analyst Ratings

The average analyst rating for First Solar stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	13	14	13	12	10	9
Buy	11	11	11	11	10	10
Hold	2	2	2	3	7	8
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	27	28	27	27	28	28

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Osha Guggenheim	Guggenheim	Strong Buy Maintains $312 → $269	Strong Buy	Maintains	$312 → $269	+45.64%	Mar 17, 2026
Nicholas Amicucci Evercore ISI Group	Evercore ISI Group	Hold Maintains $241 → $212	Hold	Maintains	$241 → $212	+14.78%	Mar 5, 2026
Gordon L. Johnson GLJ Research	GLJ Research	Strong Buy → Hold Downgrades $314 → $208	Strong Buy → Hold	Downgrades	$314 → $208	+12.52%	Mar 4, 2026
Christine Cho Barclays	Barclays	Buy Maintains $279 → $228	Buy	Maintains	$279 → $228	+23.44%	Mar 3, 2026
Andrew Percoco Morgan Stanley	Morgan Stanley	Buy Maintains $275 → $230	Buy	Maintains	$275 → $230	+24.53%	Mar 2, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

5.29B

Increased by 1.43%

from 5.22B

Revenue Next Year

6.20B

Increased by 17.13%

from 5.29B

EPS This Year

18.59

Increased by 30.85%

from 14.21

EPS Next Year

24.33

Increased by 30.84%

from 18.59

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.92B	2.62B	3.32B	4.21B	5.22B	5.29B	6.20B
Revenue Growth	7.82%	-10.40%	26.70%	26.75%	24.09%	1.43%	17.13%
EPS	4.38	-0.41	7.74	12.02	14.21	18.59	24.33
EPS Growth	17.43%	-	-	55.30%	18.22%	30.85%	30.84%
Forward PE	-	-	-	-	-	9.93	7.59
No. Analysts	-	-	-	-	-	45	40

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	6.4B	7.5B
Avg	5.3B	6.2B
Low	4.8B	5.4B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	22.5%	41.4%
Avg	1.4%	17.1%
Low	-8.1%	1.1%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	25.65	31.86
Avg	18.59	24.33
Low	14.69	16.40

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	80.5%	71.3%
Avg	30.9%	30.8%
Low	3.4%	-11.8%

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.