First Solar, Inc. (FSLR)
NASDAQ: FSLR · Real-Time Price · USD
184.84
-2.52 (-1.35%)
At close: Nov 20, 2024, 4:00 PM
183.72
-1.12 (-0.61%)
Pre-market: Nov 21, 2024, 5:03 AM 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 280.52, with a low estimate of 240 and a high estimate of 360. The average target predicts an increase of 51.76% from the current stock price of 184.84.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 9 | 11 | 10 |
| Buy | 14 | 13 | 13 | 12 | 11 | 11 |
| Hold | 4 | 4 | 5 | 5 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 25 | 26 | 26 | 25 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $290 → $275 | Buy | Maintains | $290 → $275 | +48.78% | Nov 13, 2024 |
| Seaport Global | Seaport Global | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Nov 5, 2024 |
| Mizuho | Mizuho | Hold Maintains $274 → $257 | Hold | Maintains | $274 → $257 | +39.04% | Oct 31, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $368 → $335 | Strong Buy | Maintains | $368 → $335 | +81.24% | Oct 30, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $311 → $279 | Strong Buy | Maintains | $311 → $279 | +50.94% | Oct 30, 2024 |
Financial Forecast
Revenue This Year
4.29B
from 3.32B
Increased by 29.33%
Revenue Next Year
5.67B
from 4.29B
Increased by 32.08%
EPS This Year
13.49
from 7.74
Increased by 74.30%
EPS Next Year
21.28
from 13.49
Increased by 57.75%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.8B | 6.3B | 7.7B | ||
| Avg | 4.3B | 5.7B | 6.8B | ||
| Low | 4.0B | 4.7B | 5.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 43.8% | 47.6% | 35.4% | ||
| Avg | 29.3% | 32.1% | 20.8% | ||
| Low | 21.3% | 8.6% | 1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.56 | 25.74 | 37.66 | ||
| Avg | 13.49 | 21.28 | 29.74 | ||
| Low | 12.65 | 14.75 | 17.75 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 88.2% | 90.8% | 77.0% | ||
| Avg | 74.3% | 57.7% | 39.8% | ||
| Low | 63.5% | 9.3% | -16.6% |
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.