First Solar, Inc. (FSLR)
NASDAQ: FSLR · Real-Time Price · USD
179.80
+3.64 (2.07%)
At close: Oct 6, 2026, 4:00 PM EDT
180.11
+0.31 (0.17%)
After-hours: Oct 6, 2026, 6:29 PM EDT

First Solar Stock Forecast

Stock Price Forecast

According to 36 analysts polled by S&P Global, First Solar stock has a consensus rating of "Buy" and an average price target of $275.87. The average 1-year stock price forecast is 53.43% higher than the current stock price, while the lowest is $197 (+9.57%) and the highest is $402 (+123.58%).

Price Target: $275.87 (+53.43%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$197$275.87$274.5$402
Change+9.57%+53.43%+52.67%+123.58%

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

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy111212131616
Buy9999910
Hold1411121288
Sell011111
Strong Sell111111
Total353435363536

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Dimple Gosai
Piper Sandler
Piper Sandler
Buy
Maintains
$260 → $251
BuyMaintains$260 → $251+39.60%Sep 30, 2026
KeyBanc
KeyBanc
Hold
Upgrades
n/a
HoldUpgradesn/an/aSep 28, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$323
BuyMaintains$323+79.64%Sep 23, 2026
GLJ Research
GLJ Research
Buy
Maintains
$314 → $250
BuyMaintains$314 → $250+39.04%Sep 22, 2026
Roth MKM
Roth MKM
Buy
Maintains
n/a
BuyMaintainsn/an/aSep 21, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
5.03B
from 5.22B
Decreased by -3.54%
Revenue Next Year
5.90B
from 5.03B
Increased by 17.29%
EPS This Year
17.59
from 14.21
Increased by 23.78%
EPS Next Year
23.21
from 17.59
Increased by 31.98%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.92B2.62B3.32B4.21B5.22B5.03B
Revenue Growth
7.82%-10.40%26.70%26.75%24.09%-3.54%
Gross Profit
729.95M69.86M1.30B1.86B2.12B2.50B
Gross Margin
24.97%2.67%39.19%44.17%40.62%49.73%
Operating Income
439.47M-280.75M885.97M1.39B1.60B1.92B
Net Income
468.69M-44.17M830.78M1.29B1.53B1.89B
EPS
----14.2117.59
EPS Growth
----18.22%23.78%
Forward PE
37.5444.6714.899.1411.9710.22
Free Cash Flow
----1.19B-149.76M
FFO
-----2.40B
No. Analysts
-----31
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High5.4B
Avg5.0B
Low4.7B

Revenue Growth

Revenue Growth202620272028
High
4.0%
Avg
-3.5%
Low
-9.9%

EPS Forecast

EPS202620272028
High20.27
Avg17.59
Low16.26

EPS Growth

EPS Growth202620272028
High
42.6%
Avg
23.8%
Low
14.4%