First Solar, Inc. (FSLR)
NASDAQ: FSLR · Real-Time Price · USD
182.39
+6.51 (3.70%)
At close: Dec 20, 2024, 4:00 PM
183.00
+0.61 (0.33%)
After-hours: Dec 20, 2024, 7:43 PM EST
First Solar Stock Forecast
Stock Price Forecast
The 23 analysts with 12-month price forecasts for First Solar stock have an average target of 279, with a low estimate of 240 and a high estimate of 360. The average target predicts an increase of 52.97% from the current stock price of 182.39.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 9 | 11 | 10 | 10 |
| Buy | 13 | 13 | 12 | 11 | 11 | 11 |
| Hold | 4 | 5 | 5 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 25 | 26 | 26 | 25 | 25 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $307 → $267 | Buy | Maintains | $307 → $267 | +46.39% | Dec 18, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $210 → $250 | Buy | Maintains | $210 → $250 | +37.07% | Dec 2, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $245 → $210 | Buy | Maintains | $245 → $210 | +15.14% | Nov 22, 2024 |
| Barclays | Barclays | Buy Maintains $290 → $275 | Buy | Maintains | $290 → $275 | +50.78% | Nov 13, 2024 |
| Seaport Global | Seaport Global | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Nov 5, 2024 |
Financial Forecast
Revenue This Year
4.28B
from 3.32B
Increased by 28.82%
Revenue Next Year
5.66B
from 4.28B
Increased by 32.40%
EPS This Year
13.49
from 7.74
Increased by 74.24%
EPS Next Year
21.26
from 13.49
Increased by 57.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 43.8% | 48.2% | 35.6% | |||
| Avg | 28.8% | 32.4% | 20.6% | |||
| Low | 13.8% | 9.0% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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.