First Solar, Inc. (FSLR)
NASDAQ: FSLR · Real-Time Price · USD
199.67
-5.36 (-2.61%)
At close: Oct 29, 2024, 4:00 PM
186.15
-13.52 (-6.77%)
After-hours: Oct 29, 2024, 7:59 PM EDT
First Solar Stock Forecast
Stock Price Forecast
The 24 analysts with 12-month price forecasts for First Solar stock have an average target of 288.21, with a low estimate of 227 and a high estimate of 360. The average target predicts an increase of 44.34% from the current stock price of 199.67.
Analyst Consensus: Strong Buy
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 8 | 8 | 8 | 9 | 11 |
| Buy | 13 | 14 | 13 | 13 | 12 | 11 |
| Hold | 4 | 4 | 4 | 5 | 5 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 26 | 25 | 26 | 26 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Janney Montgomery Scott | Janney Montgomery Scott | Hold → Strong Buy Upgrades $260 | Hold → Strong Buy | Upgrades | $260 | +30.21% | Oct 29, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $200 → $254 | Hold → Strong Buy | Upgrades | $200 → $254 | +27.21% | Oct 22, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $285 → $280 | Buy | Maintains | $285 → $280 | +40.23% | Oct 16, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $320 → $280 | Strong Buy | Maintains | $320 → $280 | +40.23% | Oct 15, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $271 → $266 | Strong Buy | Maintains | $271 → $266 | +33.22% | Oct 10, 2024 |
Financial Forecast
Revenue This Year
4.57B
from 3.32B
Increased by 37.74%
Revenue Next Year
5.78B
from 4.57B
Increased by 26.41%
EPS This Year
13.85
from 7.74
Increased by 78.91%
EPS Next Year
21.83
from 13.85
Increased by 57.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.9B | 6.3B | 7.6B | ||
| Avg | 4.6B | 5.8B | 6.9B | ||
| Low | 4.3B | 5.3B | 5.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 46.3% | 37.6% | 31.8% | ||
| Avg | 37.7% | 26.4% | 18.8% | ||
| Low | 30.0% | 15.9% | 1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.70 | 24.98 | 35.15 | ||
| Avg | 13.85 | 21.83 | 30.02 | ||
| Low | 12.85 | 14.75 | 17.75 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 89.9% | 80.4% | 61.1% | ||
| Avg | 78.9% | 57.6% | 37.5% | ||
| Low | 66.0% | 6.5% | -18.7% |
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.