First Solar, Inc. (FSLR)
NASDAQ: FSLR · Real-Time Price · USD
183.51
-9.37 (-4.86%)
At close: Jan 21, 2025, 4:00 PM
184.20
+0.69 (0.38%)
After-hours: Jan 21, 2025, 7:53 PM EST

First Solar Stock Forecast

Stock Price Forecast

The 24 analysts with 12-month price forecasts for First Solar stock have an average target of 280.08, with a low estimate of 209 and a high estimate of 367. The average target predicts an increase of 52.62% from the current stock price of 183.51.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $209 $280.08 $278 $367
Change +13.89% +52.62% +51.49% +99.99%

Analyst Ratings

The average analyst rating for First Solar stock from 25 stock analysts 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 '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 91012111112
Buy 131211111111
Hold 442332
Sell 000000
Strong Sell 000000
Total 262625252525

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Seaport Global
Seaport Global
Strong Buy
Upgrades
$274
Strong Buy Upgrades $274 +49.31% Jan 16, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$240$209
Buy Maintains $240$209 +13.89% Jan 8, 2025
Baird
Baird
Buy
Maintains
$307$267
Buy Maintains $307$267 +45.50% Dec 18, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$257$248
Strong Buy Maintains $257$248 +35.14% Dec 17, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$210$250
Buy Maintains $210$250 +36.23% Dec 2, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.28B
from 3.32B
Increased by 28.88%
Revenue Next Year
5.65B
from 4.28B
Increased by 32.17%
EPS This Year
13.49
from 7.74
Increased by 74.24%
EPS Next Year
21.26
from 13.49
Increased by 57.62%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
3.06B2.71B2.92B2.62B3.32B4.28B5.65B6.82B
Revenue Growth
36.50%-11.48%7.82%-10.40%26.70%28.88%32.17%20.63%
EPS
-1.093.734.38-0.417.7413.4921.2629.70
EPS Growth
--17.43%--74.24%57.62%39.71%
Forward PE
-----13.618.636.18
No. Analysts -----424236
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
High 4.8B 6.3B 7.7B
Avg 4.3B 5.7B 6.8B
Low 3.8B 4.7B 5.7B

Revenue Growth

Revenue Growth 202420252026202720282029
High
43.8%
48.1%
35.8%
Avg
28.9%
32.2%
20.6%
Low
13.8%
8.9%
1.6%

EPS Forecast

EPS 202420252026202720282029
High 14.56 25.74 37.66
Avg 13.49 21.26 29.70
Low 12.29 14.75 17.75

EPS Growth

EPS Growth 202420252026202720282029
High
88.2%
90.9%
77.2%
Avg
74.2%
57.6%
39.7%
Low
58.8%
9.4%
-16.5%
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.