First Solar, Inc. (FSLR)

First Solar Stock Forecast

Stock Price Forecast

According to 26 professional analysts, the 12-month price target for First Solar stock ranges from a low of $150 to a high of $330. The average analyst price target of $247.9 forecasts a -3.77% decrease in the stock price over the next year.

Price Target: $247.90 (-3.77%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$150	$247.9	$255	$330
Change	-41.77%	-3.77%	-1.01%	+28.10%

* Price targets were last updated on Nov 4, 2025.

Analyst Ratings

The average analyst rating for First Solar stock 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 '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	13	12	11	11	12	13
Buy	13	13	13	13	11	11
Hold	2	2	2	1	2	2
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	29	28	27	26	26	27

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gordon L. Johnson GLJ Research	GLJ Research	Strong Buy Maintains $214 → $314	Strong Buy	Maintains	$214 → $314	+22.06%	Nov 4, 2025
Jon Windham UBS	UBS	Strong Buy Maintains $275 → $330	Strong Buy	Maintains	$275 → $330	+28.10%	Nov 3, 2025
Jeffrey Osborne TD Cowen	TD Cowen	Strong Buy Maintains $240 → $260	Strong Buy	Maintains	$240 → $260	+0.93%	Oct 31, 2025
Mark Strouse JP Morgan	JP Morgan	Buy Maintains $278 → $303	Buy	Maintains	$278 → $303	+17.62%	Oct 31, 2025
Sophie Karp Keybanc	Keybanc	Sell Maintains $100 → $150	Sell	Maintains	$100 → $150	-41.77%	Oct 31, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

5.22B

Increased by 24.03%

from 4.21B

Revenue Next Year

6.31B

Increased by 20.97%

from 5.22B

EPS This Year

14.93

Increased by 24.24%

from 12.02

EPS Next Year

23.00

Increased by 54.03%

from 14.93

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.71B	2.92B	2.62B	3.32B	4.21B	5.22B	6.31B
Revenue Growth	-11.49%	7.82%	-10.40%	26.70%	26.75%	24.03%	20.97%
EPS	3.73	4.38	-0.41	7.74	12.02	14.93	23.00
EPS Growth	-	17.43%	-	-	55.30%	24.24%	54.03%
Forward PE	-	-	-	-	-	17.25	11.20
No. Analysts	-	-	-	-	-	42	42

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	5.7B	8.0B
Avg	5.2B	6.3B
Low	4.9B	5.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	35.2%	53.3%
Avg	24.0%	21.0%
Low	15.3%	-3.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	16.45	28.93
Avg	14.93	23.00
Low	13.69	14.24

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	36.9%	93.7%
Avg	24.2%	54.0%
Low	13.9%	-4.6%

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.