First Solar, Inc. (FSLR)

First Solar Stock Forecast

Stock Price Forecast

The 25 analysts that cover First Solar stock have a consensus rating of "Buy" and an average price target of $238.16, which forecasts a 2.10% increase in the stock price over the next year. The lowest target is $150 and the highest is $303.

Price Target: $238.16 (+2.10%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$150	$238.16	$243	$303
Change	-35.70%	+2.10%	+4.17%	+29.89%

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

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	13	12	10	9	9	9
Buy	11	11	10	10	10	9
Hold	2	3	7	8	8	6
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	27	27	28	28	28	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Dmitriy Pozdnyakov Freedom Broker	Freedom Broker	Hold → Strong Buy Upgrades $250 → $260	Hold → Strong Buy	Upgrades	$250 → $260	+11.46%	May 5, 2026
Jon Windham UBS	UBS	Strong Buy Maintains $300 → $290	Strong Buy	Maintains	$300 → $290	+24.32%	May 4, 2026
Nicholas Amicucci Evercore ISI Group	Evercore ISI Group	Hold Maintains $212 → $219	Hold	Maintains	$212 → $219	-6.12%	May 4, 2026
Vikram Bagri Citigroup	Citigroup	Strong Buy Maintains $300 → $243	Strong Buy	Maintains	$300 → $243	+4.17%	Apr 21, 2026
Christine Cho Barclays	Barclays	Buy Maintains $228 → $213	Buy	Maintains	$228 → $213	-8.69%	Apr 21, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

5.28B

Increased by 1.20%

from 5.22B

Revenue Next Year

6.15B

Increased by 16.41%

from 5.28B

EPS This Year

17.89

Increased by 25.92%

from 14.21

EPS Next Year

23.63

Increased by 32.05%

from 17.89

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.92B	2.62B	3.32B	4.21B	5.22B	5.28B	6.15B
Revenue Growth	7.82%	-10.40%	26.70%	26.75%	24.09%	1.20%	16.41%
EPS	4.38	-0.41	7.74	12.02	14.21	17.89	23.63
EPS Growth	17.43%	-	-	55.30%	18.22%	25.92%	32.05%
Forward PE	-	-	-	-	-	13.04	9.87
No. Analysts	-	-	-	-	-	43	40

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030	2031	2032	2033
High	6.4B	7.5B
Avg	5.3B	6.1B
Low	4.8B	5.4B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030	2031	2032	2033
High	22.5%	41.7%
Avg	1.2%	16.4%
Low	-7.5%	2.0%

EPS Forecast

EPS	2026	2027	2028	2029	2030	2031	2032	2033
High	24.73	34.10
Avg	17.89	23.63
Low	13.35	15.02

EPS Growth

EPS Growth	2026	2027	2028	2029	2030	2031	2032	2033
High	74.0%	90.6%
Avg	25.9%	32.0%
Low	-6.1%	-16.0%

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 sources.