First Solar, Inc. (FSLR)
NASDAQ: FSLR · IEX Real-Time Price · USD
168.80
+1.35 (0.81%)
At close: Mar 28, 2024, 4:00 PM
168.71
-0.09 (-0.05%)
After-hours: Mar 28, 2024, 7:58 PM EDT
First Solar Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for First Solar stock have an average target of 230.26, with a low estimate of 157.56 and a high estimate of 332. The average target predicts an increase of 36.41% from the current stock price of 168.80.
Analyst Consensus: Buy
* Price targets were last updated on Feb 28, 2024.
Analyst Ratings
The average analyst rating for First Solar stock from 24 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 8 | 9 | 10 | 10 | 10 | 7 |
Buy | 12 | 12 | 13 | 11 | 12 | 11 |
Hold | 8 | 7 | 6 | 7 | 6 | 6 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 28 | 28 | 29 | 28 | 28 | 24 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Susquehanna | Susquehanna | Buy Maintains $261 → $258 | Buy | Maintains | $261 → $258 | +52.84% | Feb 28, 2024 |
RBC Capital | RBC Capital | Buy Reiterates $195 | Buy | Reiterates | $195 | +15.52% | Feb 28, 2024 |
Oppenheimer | Oppenheimer | Buy Maintains $268 → $269 | Buy | Maintains | $268 → $269 | +59.36% | Feb 28, 2024 |
RBC Capital | RBC Capital | Buy Initiates $195 | Buy | Initiates | $195 | +15.52% | Feb 14, 2024 |
Wells Fargo | Wells Fargo | Buy → Hold Downgrades $215 → $187 | Buy → Hold | Downgrades | $215 → $187 | +10.78% | Jan 8, 2024 |
Financial Forecast
Revenue This Year
4.63B
from 3.32B
Increased by 39.64%
Revenue Next Year
5.73B
from 4.63B
Increased by 23.69%
EPS This Year
13.81
from 7.74
Increased by 78.47%
EPS Next Year
21.81
from 13.81
Increased by 57.86%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 5.2B | 6.2B | 7.2B | 8.0B | 8.6B |
Avg | 4.6B | 5.7B | 6.8B | 7.3B | 7.7B |
Low | 4.3B | 5.1B | 6.2B | 6.4B | 6.1B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 57.7% | 34.0% | 26.4% | 18.5% | 18.5% |
Avg | 39.6% | 23.7% | 18.5% | 7.4% | 4.9% |
Low | 30.6% | 9.9% | 9.0% | -6.0% | -16.9% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 15.10 | 25.10 | 34.00 | 40.01 | 45.13 |
Avg | 13.81 | 21.81 | 30.76 | 35.67 | 39.11 |
Low | 12.72 | 14.66 | 24.59 | 31.21 | 33.03 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 95.1% | 81.7% | 55.9% | 30.1% | 26.5% |
Avg | 78.5% | 57.9% | 41.0% | 16.0% | 9.6% |
Low | 64.3% | 6.1% | 12.8% | 1.5% | -7.4% |
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.