​

First Solar (FSLR) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

FSLR Stock Forecast

First Solar stock forecast is as follows: an average price target of $275.50 (represents a 46.33% upside from FSLR’s last price of $188.27) and a rating consensus of 'Buy', based on 32 wall street analysts offering a 1-year stock forecast.

FSLR Price Target

The average price target for First Solar (FSLR) is $275.50 based on 1-year price targets from 32 Wall Street analysts in the past 3 months, with a price target range of $326.00 to $245.00. This represents a potential 46.33% upside from FSLR's last price of $188.27.

FSLR Analyst Ratings

Buy

According to 32 Wall Street analysts, First Solar's rating consensus is 'Buy'. The analyst rating breakdown for FSLR stock is 0 'Strong Buy' (0.00%), 27 'Buy' (84.38%), 3 'Hold' (9.38%), 2 'Sell' (6.25%), and 0 'Strong Sell' (0.00%).

First Solar Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Christopher DendrinosRBC Capital$280.00$197.5341.75%48.72%
Oct 30, 2024Ameet ThakkarBMO Capital$260.00$197.5031.65%38.10%
Oct 30, 2024Kashy HarrisonPiper Sandler$245.00$187.6130.59%30.13%
Oct 30, 2024Biju PerincherilSusquehanna$252.00$188.4733.71%33.85%
Oct 30, 2024Maheep MandloiMizuho Securities$257.00$186.7237.64%36.51%
Oct 30, 2024Brian LeeGoldman Sachs$279.00$199.6739.73%48.19%
Oct 30, 2024Dimple GosalBank of America Securities$269.00$199.6734.72%42.88%
Oct 30, 2024Sean MorganEvercore ISI$278.00$199.6739.23%47.66%
Oct 29, 2024Sean MilliganJanney Montgomery$260.00$203.6227.69%38.10%
Oct 22, 2024Vikram BagriCitigroup$254.00$196.2529.43%34.91%
Oct 15, 2024Philip ShenRoth Capital$280.00$205.1536.49%48.72%
Sep 26, 2024Jordan LevyTruist Financial$300.00$241.7224.11%59.35%
Sep 03, 2024Julian Dumoulin-SmithJefferies$271.00$212.7427.39%43.94%
Aug 02, 2024Christine ChoBarclays$290.00$218.5032.72%54.03%
Jul 31, 2024Brian LeeGoldman Sachs$311.00$215.9943.99%65.19%
Jul 31, 2024Kashy HarrisonPiper Sandler$250.00$215.9915.75%32.79%
Jul 31, 2024Colin RuschOppenheimer$326.00$215.9950.93%73.16%
Jul 31, 2024Ameet ThakkarBMO Capital$286.00$218.1031.13%51.91%
Jul 03, 2024Biju PerincherilSusquehanna$285.00$216.7331.50%51.38%
Jul 02, 2024Ben KalloRobert W. Baird$307.00$222.7137.85%63.06%
Jun 12, 2024Colin RuschOppenheimer$325.00$294.5310.35%72.62%
Jun 11, 2024Ben KalloRobert W. Baird$344.00$279.8022.94%82.72%
Jun 10, 2024Ameet ThakkarBMO Capital$311.00$267.3416.33%65.19%
Jun 03, 2024Brian LeeGoldman Sachs$302.00$271.7611.13%60.41%
May 31, 2024Philip ShenRoth Capital$320.00$276.7515.63%69.97%
May 30, 2024Maheep MandloiMizuho Securities$274.00$278.19-1.51%45.54%
May 29, 2024Chris DendrinosRBC Capital$315.00$280.1612.44%67.31%
May 29, 2024Jon WindhamUBS$350.00$280.1624.93%85.90%
May 21, 2024Kashy HarrisonPiper Sandler$219.00$202.388.21%16.32%
May 21, 2024Jon WindhamUBS$270.00$196.3437.52%43.41%
May 15, 2024Christine ChoBarclays$228.00$186.9721.94%21.10%
May 02, 2024Colin RuschOppenheimer$271.00$177.5852.61%43.94%
May 02, 2024Andrew PercocoMorgan Stanley$248.00$177.5839.66%31.73%
May 02, 2024Dushyant AilaniJefferies$211.00$177.5818.82%12.07%
May 02, 2024Jon WindhamUBS$252.00$177.5841.91%33.85%
May 02, 2024Brian LeeGoldman Sachs$268.00$177.5850.92%42.35%
May 02, 2024Sean MorganMorgan Stanley$232.00$177.5830.65%23.23%
Apr 23, 2024Sean MorganMorgan Stanley$227.00$176.2828.77%20.57%
Apr 19, 2024Michael BlumWells Fargo$250.00$174.2943.44%32.79%
Feb 28, 2024Brian LeeGoldman Sachs$275.00$148.0685.74%46.07%
Feb 28, 2024Kashy HarrisonPiper Sandler$195.00$148.0631.70%3.57%
Feb 28, 2024Maheep MandloiMizuho Securities$196.00$148.0632.38%4.11%
Feb 28, 2024Colin RuschOppenheimer$269.00$148.0681.68%42.88%
Feb 28, 2024Ameet ThakkarLoop Capital Markets$194.00$148.0631.03%3.04%
Feb 14, 2024Christopher DendrinosRBC Capital$195.00$158.2423.23%3.57%
Nov 01, 2023Philip ShenRoth Capital$230.00$142.8461.02%22.16%
Nov 01, 2023Kashy HarrisonPiper Sandler$235.00$142.8464.52%24.82%
Sep 14, 2023Ameet ThakkarLoop Capital Markets$237.00$175.2335.25%25.88%
Sep 14, 2023Ameet ThakkarBMO Capital$237.00$170.5039.00%25.88%
Jul 28, 2023Colin RuschOppenheimer$262.00$198.3232.11%39.16%
Jul 28, 2023Andrew PercocoMorgan Stanley$198.00$198.40-0.20%5.17%
Jul 10, 2023Ameet ThakkarLoop Capital Markets$204.00$192.266.11%8.36%
Apr 28, 2023Colin RuschOppenheimer$222.00$181.2622.48%17.92%
Apr 13, 2023Corinne BlanchardDeutsche Bank$230.00$211.268.87%22.16%
Mar 03, 2023Brian KinstlingerGoldman Sachs$260.00$210.1123.74%38.10%
Jan 10, 2023Morgan Stanley$194.00$160.0021.25%3.04%
Jan 06, 2023Wells Fargo$188.00$145.4629.25%-0.14%
Dec 23, 2022Daiwa$175.00$156.7511.64%-7.05%
Dec 20, 2022Goldman Sachs$231.00$155.0948.95%22.70%
Nov 28, 2022J.P. Morgan$190.00$171.4310.83%0.92%
Nov 15, 2022Deutsche Bank$180.00$153.6317.16%-4.39%
Nov 01, 2022Christine ChoBarclays$162.00$148.399.17%-13.95%
Oct 28, 2022Jon WindhamUBS$140.00$133.025.25%-25.64%
Oct 28, 2022Sophie KarpKeyBanc$145.00$133.029.01%-22.98%
Oct 28, 2022Steve FleishmanWolfe Research$170.00$131.1829.59%-9.70%
Sep 22, 2022Morgan Stanley$146.00$131.0511.41%-22.45%
Sep 07, 2022Brian LeeGoldman Sachs$172.00$134.8027.60%-8.64%
Aug 15, 2022Kashy HarrisonPiper Sandler$120.00$117.971.73%-36.26%
Jun 13, 2022Morgan Stanley$54.00$64.81-16.69%-71.32%
Apr 29, 2022Roth Capital$85.00$73.6415.43%-54.85%
Mar 03, 2022Ben KalloRobert W. Baird$91.00$67.3735.07%-51.67%
Mar 02, 2022Jeff OsborneCowen & Co.$90.00$69.5129.48%-52.20%
Mar 02, 2022Steve FleishmanWolfe Research$65.00$69.51-6.49%-65.48%
Mar 02, 2022J.B. LoweCitigroup$70.00$69.510.70%-62.82%
Mar 02, 2022Sean MorganEvercore ISI$92.00$69.5132.36%-51.13%
Feb 08, 2022Michael BlumWells Fargo$88.00$70.3925.02%-53.26%
Nov 23, 2021Moses SuttonBarclays$112.00$107.144.54%-40.51%
Nov 23, 2021Gordon JohnsonGLJ Research$152.90$107.1442.71%-18.79%
Jun 24, 2021Gail NicholsonStephens$102.00$84.5120.70%-45.82%

The latest First Solar stock forecast, released on Oct 30, 2024 by Christopher Dendrinos from RBC Capital, set a price target of $280.00, which represents a 41.75% increase from the stock price at the time of the forecast ($197.53), and a 48.72% increase from FSLR last price ($188.27).

First Solar Price Target by Period

1M3M12M
# Anlaysts-1245
Avg Price Target-$267.83$268.47
Last Closing Price$188.27$188.27$188.27
Upside/Downside-100.00%42.26%42.60%

In the current month, the average price target of First Solar stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to First Solar's last price of $188.27. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 02, 2024RBC CapitalOutperformOutperformHold
Oct 30, 2024RBC CapitalOutperformOutperformHold
Oct 30, 2024BMO CapitalOutperformOutperformHold
Oct 30, 2024Piper SandlerOverweightOverweightHold
Oct 30, 2024SusquehannaPositivePositiveHold
Oct 30, 2024Goldman SachsBuyBuyHold
Oct 30, 2024Bank of America SecuritiesBuyBuyHold
Oct 30, 2024Evercore ISIOutperformOutperformHold
Oct 29, 2024Janney MontgomeryNeutralBuyUpgrade
Oct 21, 2024CitigroupNeutralBuyUpgrade
Oct 10, 2024RBC CapitalUnderperformUnderperformHold
Oct 10, 2024UBSBuyBuyHold
Oct 01, 2024KeyBancSector WeightSector WeightHold
Sep 03, 2024JefferiesBuyBuyHold
Aug 29, 2024SusquehannaUnderperformUnderperformHold
Aug 29, 2024UBSBuyBuyHold
Aug 02, 2024BarclaysOverweightOverweightHold
Jul 31, 2024Goldman SachsBuyBuyHold
Jul 31, 2024BMO CapitalOutperformOutperformHold
Jul 31, 2024OppenheimerOutperformOutperformHold
Jul 23, 2024Morgan StanleyNegativeNegativeHold
Jul 08, 2024UBSUnderperformUnderperformHold
Jul 08, 2024RBC CapitalOutperformOutperformHold
Jul 03, 2024SusquehannaPositivePositiveHold
Jul 02, 2024Argus ResearchBuyBuyHold
Jul 02, 2024NeedhamOutperformOutperformHold
Jul 02, 2024RBC CapitalSector PerformSector PerformHold
Jul 02, 2024Piper SandlerOverweightOverweightHold
Jun 28, 2024Deutsche BankBuyBuyHold
Jun 18, 2024BarclaysOverweightOverweightHold
Jun 18, 2024Wells FargoBuyBuyHold
Jun 18, 2024Janney MontgomeryBuyNeutralDowngrade
Jun 18, 2024Wells FargoOverweightOverweightHold
Jun 12, 2024OppenheimerOutperformOutperformHold
Jun 10, 2024BMO CapitalOutperformOutperformHold
Jun 04, 2024Morgan StanleyOverweightOverweightHold
Jun 03, 2024Goldman SachsBuyBuyHold
May 29, 2024RBC CapitalOutperformOutperformHold
May 29, 2024UBSBuyBuyHold
May 21, 2024Piper SandlerOverweightOverweightHold
May 20, 2024CitigroupNeutralNeutralHold
May 15, 2024Wells FargoBuyBuyHold
May 15, 2024UBSUnderperformUnderperformHold
May 15, 2024BarclaysOverweightOverweightHold
May 02, 2024OppenheimerOutperformOutperformHold
May 02, 2024JefferiesBuyBuyHold
May 02, 2024Morgan StanleyOverweightOverweightHold
May 02, 2024UBSBuyBuyHold
May 02, 2024Goldman SachsConviction BuyConviction BuyHold
May 02, 2024Evercore ISIOutperformOutperformHold
Apr 19, 2024BarclaysOverweightOverweightHold
Apr 12, 2024Janney MontgomeryBuyInitialise
Feb 28, 2024Morgan StanleyOverweightOverweightHold
Feb 28, 2024Goldman SachsBuyBuyHold
Feb 28, 2024BMO CapitalOutperformOutperformHold
Feb 28, 2024Piper SandlerOverweightOverweightHold
Feb 28, 2024Roth CapitalBuyBuyHold
Feb 28, 2024OppenheimerOutperformOutperformHold
Dec 08, 2023Morgan StanleyEqual-WeightOverweightUpgrade
Nov 01, 2023BMO CapitalOutperformOutperformHold
Nov 01, 2023Roth CapitalBuyBuyHold
Nov 01, 2023KeyBancSector WeightSector WeightHold
Oct 19, 2023J.P. MorganOverweightUpgrade
Oct 12, 2023BarclaysUnderweightOverweightUpgrade
Sep 27, 2023CitigroupNeutralNeutralHold
Sep 14, 2023BMO CapitalPerformOutperformUpgrade
Sep 08, 2023BarclaysUnderweightDowngrade
Sep 08, 2023William BlairMarket PerformInitialise
Sep 06, 2023Cowen & Co.OutperformUpgrade
Sep 06, 2023NeedhamHoldBuyUpgrade
Jul 28, 2023OppenheimerOutperformOutperformHold
Jul 28, 2023Raymond JamesMarket PerformMarket PerformHold
Jul 28, 2023Goldman SachsBuyBuyHold
Jul 28, 2023Bank of America SecuritiesNeutralBuyUpgrade
Jul 19, 2023Raymond JamesMarket PerformOutperformDowngrade
Jul 19, 2023Morgan StanleyUnderweightEqual-WeightDowngrade
Jul 19, 2023CitigroupSellNeutralInitialise
Jul 10, 2023BMO CapitalPerformInitialise
Apr 28, 2023OppenheimerOutperformOutperformHold
Apr 22, 2023CitigroupNeutralSellDowngrade
Apr 18, 2023KeyBancOverweightSector WeightDowngrade
Apr 13, 2023Morgan StanleyEqual-WeightUnderweightDowngrade
Apr 13, 2023Noble CapitalBuyInitialise
Mar 10, 2023CitigroupNeutralNeutralHold
Mar 03, 2023UBSOutperformOutperformHold
Mar 01, 2023CFRABuyUpgrade
Feb 14, 2023Evercore ISIPositiveOutperformDowngrade
Jan 10, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Jan 06, 2023Wells FargoOverweightUpgrade
Dec 23, 2022DaiwaOutperformInitialise
Dec 20, 2022Goldman SachsBuyBuyHold
Dec 06, 2022GLJ ResearchSellNegativeDowngrade
Dec 06, 2022GLJ ResearchBuySellDowngrade
Nov 15, 2022Deutsche BankHoldBuyInitialise
Nov 01, 2022Piper SandlerOverweightOverweightHold
Nov 01, 2022RBC CapitalSector PerformUpgrade
Nov 01, 2022OppenheimerPerformDowngrade
Oct 28, 2022KeyBancOverweightOverweightHold
Oct 28, 2022UBSNeutralNeutralHold
Oct 28, 2022Raymond JamesMarket PerformMarket PerformHold
Oct 28, 2022NeedhamHoldHoldHold
Oct 28, 2022Wolfe ResearchOutperformUpgrade
Oct 06, 2022Roth CapitalBuyBuyHold
Oct 06, 2022UBSBuyBuyHold
Sep 29, 2022Evercore ISIOutperformPositiveUpgrade
Sep 29, 2022First AnalysisPositiveUpgrade
Sep 29, 2022First ShanghaiBuyOutperformUpgrade
Sep 29, 2022Deutsche BankHoldInitialise
Sep 28, 2022Evercore ISIOutperformUpgrade
Sep 22, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Sep 07, 2022Goldman SachsBuyUpgrade
Aug 26, 2022First ShanghaiOverweightBuyUpgrade
Aug 18, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Aug 15, 2022Piper SandlerOverweightOverweightHold
Aug 11, 2022First ShanghaiOverweightUpgrade
Aug 11, 2022KeyBancOverweightUpgrade
Aug 08, 2022GuggenheimBuyUpgrade
Aug 01, 2022Bank of America SecuritiesNeutralUpgrade
Jun 13, 2022Morgan StanleyUnderweightUnderweightHold
May 12, 2022Piper SandlerOverweightUpgrade
Apr 29, 2022Roth CapitalBuyBuyHold
Nov 28, 2021GLJ ResearchBuyBuyHold

First Solar's last stock rating was published by RBC Capital on Dec 02, 2024. The company gave FSLR a "Outperform" rating, the same as its previous rate.

First Solar Financial Forecast

First Solar Revenue Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue--------------------$1.16B$801.09M$810.67M$548.29M$1.00B$628.93M$620.96M$367.04M$907.32M$583.50M
Avg Forecast$2.85B$2.35B$2.28B$1.68B$2.15B$1.81B$1.80B$1.54B$2.09B$1.68B$1.62B$1.31B$1.70B$1.40B$1.32B$1.15B$1.49B$1.06B$939.71M$720.30M$1.31B$904.11M$722.22M$713.80M$1.00B$727.18M$614.09M$588.73M$917.69M$687.21M
High Forecast$3.33B$2.75B$2.66B$1.96B$2.50B$2.11B$2.10B$1.80B$2.43B$1.96B$1.89B$1.52B$1.98B$1.64B$1.53B$1.42B$1.63B$1.10B$939.71M$721.35M$1.38B$904.11M$842.58M$832.76M$1.17B$727.18M$614.09M$588.73M$917.69M$687.21M
Low Forecast$2.33B$1.92B$1.86B$1.37B$1.75B$1.47B$1.46B$1.26B$1.70B$1.37B$1.32B$1.06B$1.38B$1.14B$1.07B$866.27M$1.42B$1.03B$939.71M$719.25M$1.21B$904.11M$588.49M$581.63M$818.62M$727.18M$614.09M$588.73M$917.69M$687.21M
# Analysts1277813889138891277161991010211210101399161010
Surprise %--------------------0.88%0.89%1.12%0.77%1.00%0.86%1.01%0.62%0.99%0.85%

First Solar's average Quarter revenue forecast for Mar 24 based on 10 analysts is $720.30M, with a low forecast of $719.25M, and a high forecast of $721.35M. FSLR's average Quarter revenue forecast represents a -37.83% decrease compared to the company's last Quarter revenue of $1.16B (Dec 23).

First Solar EBITDA Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts1277813889138891277161991010211210101399161010
EBITDA--------------------$397.78M$272.96M$168.51M$111.24M$695.00K$-59.81M$-99.56M$-57.60M$234.99M$114.69M
Avg Forecast$495.55M$408.42M$395.58M$291.95M$372.62M$313.43M$311.79M$267.57M$361.99M$291.86M$280.50M$226.72M$294.45M$243.75M$228.32M$200.24M$258.36M$184.40M$163.11M$-98.12M$228.11M$156.93M$125.36M$-77.56M$221.71M$110.79M$93.56M$-61.31M$139.82M$104.70M
High Forecast$578.14M$476.49M$461.50M$340.61M$434.72M$365.66M$363.76M$312.16M$422.32M$340.50M$327.24M$264.51M$343.52M$284.38M$266.37M$245.75M$282.80M$190.38M$163.11M$-78.49M$240.30M$156.93M$146.25M$-62.05M$266.05M$110.79M$93.56M$-49.05M$139.82M$104.70M
Low Forecast$403.79M$332.79M$322.33M$237.89M$303.63M$255.39M$254.06M$218.03M$294.96M$237.82M$228.56M$184.74M$239.93M$198.62M$186.04M$150.36M$246.14M$178.41M$163.11M$-117.74M$210.69M$156.93M$102.15M$-93.08M$177.37M$110.79M$93.56M$-73.58M$139.82M$104.70M
Surprise %--------------------1.74%1.74%1.34%-1.43%0.00%-0.54%-1.06%0.94%1.68%1.10%

10 analysts predict FSLR's average Quarter EBITDA for Mar 24 to be $-98.12M, with a high of $-78.49M and a low of $-117.74M. This is -124.67% lower than First Solar's previous annual EBITDA (Dec 23) of $397.78M.

First Solar Net Income Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts1277813889138891277161991010211210101399161010
Net Income--------------------$349.24M$268.40M$170.58M$42.56M$-7.55M$-49.17M$55.80M$-43.26M$131.37M$45.20M
Avg Forecast----$928.70M$831.12M$790.35M$715.73M$926.70M$803.96M$752.90M$629.17M$691.46M$572.44M$521.31M$443.87M$520.13M$339.10M$290.89M$-70.87M$337.40M$219.68M$106.85M$-56.02M$143.70M$-26.93M$-38.86M$-44.28M$115.40M$64.29M
High Forecast----$1.13B$1.01B$961.59M$870.79M$1.13B$978.14M$916.02M$765.48M$841.27M$696.46M$634.26M$534.72M$557.97M$350.41M$291.08M$-56.69M$367.02M$219.82M$130.00M$-44.82M$172.43M$-26.93M$-38.86M$-35.43M$115.40M$64.29M
Low Forecast----$705.15M$631.06M$600.10M$543.44M$703.63M$610.44M$571.67M$477.72M$525.02M$434.65M$395.82M$355.33M$492.01M$327.78M$290.70M$-85.04M$318.36M$219.54M$81.13M$-67.22M$114.96M$-26.93M$-38.86M$-53.14M$115.40M$64.29M
Surprise %--------------------1.04%1.22%1.60%-0.76%-0.05%1.83%-1.44%0.98%1.14%0.70%

First Solar's average Quarter net income forecast for Mar 24 is $-70.87M, with a range of $-85.04M to $-56.69M. FSLR's average Quarter net income forecast represents a -120.29% decrease compared to the company's last Quarter net income of $349.24M (Dec 23).

First Solar SG&A Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts1277813889138891277161991010211210101399161010
SG&A--------------------$57.09M$50.17M$46.33M$44.03M$42.73M$46.37M$38.89M$36.73M$38.41M$43.48M
Avg Forecast$188.43M$155.30M$150.41M$111.01M$141.68M$119.18M$118.55M$101.74M$137.64M$110.98M$106.66M$86.21M$111.96M$92.68M$86.82M$76.14M$98.24M$70.11M$62.02M$60.17M$86.73M$59.67M$47.67M$47.57M$77.87M$47.99M$40.53M$37.60M$60.57M$45.35M
High Forecast$219.83M$181.18M$175.48M$129.51M$165.30M$139.04M$138.31M$118.70M$160.58M$129.47M$124.43M$100.57M$130.62M$108.13M$101.28M$93.44M$107.53M$72.39M$62.02M$72.21M$91.37M$59.67M$55.61M$57.08M$93.44M$47.99M$40.53M$45.12M$60.57M$45.35M
Low Forecast$153.54M$126.54M$122.56M$90.46M$115.45M$97.11M$96.60M$82.90M$112.16M$90.43M$86.91M$70.24M$91.23M$75.52M$70.74M$57.17M$93.59M$67.84M$62.02M$48.14M$80.11M$59.67M$38.84M$38.05M$62.30M$47.99M$40.53M$30.08M$60.57M$45.35M
Surprise %--------------------0.66%0.84%0.97%0.93%0.55%0.97%0.96%0.98%0.63%0.96%

First Solar's average Quarter SG&A projection for Mar 24 is $60.17M, based on 10 Wall Street analysts, with a range of $48.14M to $72.21M. The forecast indicates a 5.39% rise compared to FSLR last annual SG&A of $57.09M (Dec 23).

First Solar EPS Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts1277813889138891277161991010211210101399161010
EPS--------------------$3.25$2.51$1.60$0.40$-0.07$-0.46$0.52$-0.41$1.24$0.43
Avg Forecast----$8.63$7.73$7.35$6.65$8.62$7.47$7.00$5.85$6.43$5.32$4.85$4.13$4.84$3.15$2.70$2.00$3.14$2.04$0.99$0.99$-0.17$-0.25$-0.36$-0.43$1.07$0.60
High Forecast----$10.50$9.40$8.94$8.10$10.48$9.09$8.52$7.12$7.82$6.47$5.90$4.97$5.19$3.26$2.71$2.00$3.41$2.04$1.21$1.20$-0.13$-0.25$-0.36$-0.43$1.07$0.60
Low Forecast----$6.56$5.87$5.58$5.05$6.54$5.68$5.31$4.44$4.88$4.04$3.68$3.30$4.57$3.05$2.70$2.00$2.96$2.04$0.75$0.75$-0.21$-0.25$-0.36$-0.43$1.07$0.60
Surprise %--------------------1.04%1.23%1.61%0.40%0.42%1.84%-1.44%0.96%1.16%0.72%

According to 10 Wall Street analysts, First Solar's projected average Quarter EPS for Mar 24 is $2.00, with a low estimate of $2.00 and a high estimate of $2.00. This represents a -38.54% decrease compared to FSLR previous annual EPS of $3.25 (Dec 23).

First Solar Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
NOVASunnova Energy$4.20$10.22143.33%Buy
RUNSunrun$10.06$23.17130.32%Buy
SEDGSolarEdge$14.37$26.6085.11%Hold
CSIQCanadian Solar$11.67$17.6751.41%Buy
FSLRFirst Solar$188.27$275.5046.33%Buy
ENPHEnphase Energy$73.40$106.2744.78%Buy
JKSJinkoSolar$26.56$20.00-24.70%Sell
MAXNMaxeon Solar$6.15$3.75-39.02%Sell

FSLR Forecast FAQ

Is First Solar a good buy?

Yes, according to 32 Wall Street analysts, First Solar (FSLR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 27 'Buy' recommendations, accounting for 84.38% of FSLR's total ratings.

What is FSLR's price target?

First Solar (FSLR) average price target is $275.5 with a range of $245 to $326, implying a 46.33% from its last price of $188.27. The data is based on 32 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will First Solar stock go up soon?

According to Wall Street analysts' prediction for FSLR stock, the company can go up by 46.33% (from the last price of $188.27 to the average price target of $275.5), up by 73.16% based on the highest stock price target, and up by 30.13% based on the lowest stock price target.

Can First Solar stock reach $300?

FSLR's highest twelve months analyst stock price target of $326 supports the claim that First Solar can reach $300 in the near future.

What are First Solar's analysts' financial forecasts?

First Solar's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $7.29B (high $8.51B, low $5.94B), average EBITDA is $1.27B (high $1.48B, low $1.03B), average net income is $3.27B (high $3.97B, low $2.48B), average SG&A $481.15M (high $561.34M, low $392.06M), and average EPS is $30.36 (high $36.94, low $23.05). FSLR's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $9.17B (high $10.7B, low $7.47B), average EBITDA is $1.59B (high $1.86B, low $1.3B), average net income is $0 (high $0, low $0), average SG&A $605.15M (high $706M, low $493.09M), and average EPS is $0 (high $0, low $0).

Did the FSLR's actual financial results beat the analysts' financial forecasts?

Based on First Solar's last annual report (Dec 2023), the company's revenue was $3.32B, which missed the average analysts forecast of $3.65B by -9.19%. Apple's EBITDA was $857.27M, beating the average prediction of $432.83M by 98.06%. The company's net income was $830.78M, beating the average estimation of $607.91M by 36.66%. Apple's SG&A was $197.62M, missing the average forecast of $241.64M by -18.22%. Lastly, the company's EPS was $7.74, beating the average prediction of $7.16 by 8.08%. In terms of the last quarterly report (Dec 2023), First Solar's revenue was $1.16B, missing the average analysts' forecast of $1.31B by -11.84%. The company's EBITDA was $397.78M, beating the average prediction of $228.11M by 74.39%. First Solar's net income was $349.24M, beating the average estimation of $337.4M by 3.51%. The company's SG&A was $57.09M, missing the average forecast of $86.73M by -34.17%. Lastly, the company's EPS was $3.25, beating the average prediction of $3.14 by 3.61%