FIRST SOLAR INC (FSLR) Forecast, Price Target & Analyst Ratings

NASDAQ:FSLR • US3364331070

Current stock price

211.71 USD
+9.82 (+4.86%)
At close:
212.5 USD
+0.79 (+0.37%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for FIRST SOLAR INC (FSLR).

Forecast Snapshot

Consensus Price Target

Price Target
$246.84
+ 16.59% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jul 29, 2026
Period
Q2 / 2026
EPS Estimate
$4.30
Revenue Estimate
1.218B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
73.88%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$246.84
Upside
+ 16.59%
From current price of $211.71 to mean target of $246.84, Based on 49 analyst forecasts
Low
$151.50
Median
$248.07
High
$328.65

Price Target Revisions

1 Month
-3.32%
3 Months
-13.24%

Price Target Summary

49 Wall Street analysts provided a forecast for the next 12 months for FSLR. The average price target is 246.84 USD. This implies a price increase of 16.59% is expected in the next year compared to the current price of 211.71.
The average price target has been revised downward by 13.24% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

FSLR Current Analyst RatingFSLR Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15 20

Analyst Ratings History

FSLR Historical Analyst RatingsFSLR Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30 40

Analyst Ratings Consensus

ChartMill Buy Consensus
73.88%
FSLR was analyzed by 49 analysts. The buy percentage consensus is at 74. So analysts seem to be have mildly positive about FSLR.
In the previous month the buy percentage consensus was at a similar level.
FSLR was analyzed by 49 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-21BarclaysMaintains Overweight -> Overweight
2026-04-21CitigroupMaintains Buy -> Buy
2026-04-09SusquehannaMaintains Positive -> Positive
2026-04-07JefferiesMaintains Hold -> Hold
2026-03-17GuggenheimMaintains Buy -> Buy
2026-03-05Evercore ISI GroupMaintains In-Line -> In-Line
2026-03-04GLJ ResearchDowngrade Buy -> Hold
2026-03-03BarclaysMaintains Overweight -> Overweight
2026-03-02Morgan StanleyMaintains Overweight -> Overweight
2026-02-26Deutsche BankDowngrade Buy -> Hold
2026-02-26Wells FargoMaintains Overweight -> Overweight
2026-02-25MizuhoMaintains Outperform -> Outperform
2026-02-25UBSMaintains Buy -> Buy
2026-02-25RBC CapitalMaintains Outperform -> Outperform
2026-02-25SusquehannaMaintains Positive -> Positive
2026-02-25BairdDowngrade Outperform -> Neutral
2026-02-25HSBCDowngrade Buy -> Hold
2026-01-22B of A SecuritiesMaintains Buy -> Buy
2026-01-08GuggenheimMaintains Buy -> Buy
2026-01-07JefferiesDowngrade Buy -> Hold
2025-12-19Wells FargoMaintains Overweight -> Overweight
2025-11-04GLJ ResearchMaintains Buy -> Buy
2025-11-03UBSMaintains Buy -> Buy
2025-10-31TD CowenMaintains Buy -> Buy
2025-10-31KeybancMaintains Underweight -> Underweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jul 29, 2026
Period
Q2 / 2026
EPS Estimate
$4.30
Revenue Estimate
1.218B
Revenue Q2Q
11.01%
EPS Q2Q
35.17%
Number of Analysts
29

Next Earnings Revisions

Revenue (1 Month)
-0.75%
Revenue (3 Months)
-15.87%
EPS (1 Month)
-1.17%
EPS (3 Months)
-33.33%

Next Earnings Summary

FSLR is expected to report earnings on 7/29/2026. The consensus EPS estimate for the next earnings is 4.3 USD and the consensus revenue estimate is 1.22B USD.
The next earnings revenue estimate has been revised downward by 15.87% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
FSLR revenue by date.FSLR revenue by date.
3.319B
26.70%		4.206B
26.75%		5.219B
24.09%		5.294B
1.43%		6.182B
16.77%		6.754B
9.25%		7.563B
11.98%		7.358B
-2.71%		6.459B
-12.22%		5.833B
-9.69%		5.798B
-0.60%
EBITDA
YoY % growth
FSLR ebitda by date.FSLR ebitda by date.
1.194B
2,451.21%		1.817B
52.20%		2.126B
17.00%		2.669B
25.54%		3.306B
23.87%		4.112B
24.38%		4.239B
3.09%		3.591B
-15.29%		2.784B
-22.47%		1.995B
-28.34%		1.251B
-37.29%
EBIT
YoY % growth
FSLR ebit by date.FSLR ebit by date.
885.973M
497.48%		1.394B
57.31%		1.597B
14.57%		1.978B
23.87%		2.747B
38.88%		3.394B
23.55%		3.525B
3.86%		2.962B
-15.97%		2.166B
-26.87%		1.414B
-34.72%		706.06M
-50.07%
Operating Margin
FSLR operating margin by date.FSLR operating margin by date.
26.70%33.13%30.59%37.36%44.44%50.25%46.61%40.26%33.53%24.24%12.18%
EPS
YoY % growth
FSLR eps by date.FSLR eps by date.
7.74
677.61%		12.45
60.85%		14.21
14.14%		18.04
26.95%		23.70
31.39%		29.04
22.51%		34.25
17.95%		28.49
-16.82%		23.69
-16.86%		16.39
-30.80%		9.55
-41.72%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		4.30
35.17%		4.94
16.42%		5.64
16.46%		5.05
56.87%		5.88
36.88%		6.48
31.31%		7.22
28.01%		6.25
23.80%		7.28
23.81%		7.76
19.66%		8.82
22.20%
Revenue
Q2Q % growth		1.218B
11.01%		1.405B
-11.90%		1.56B
-7.30%		1.271B
21.72%		1.428B
17.24%		1.574B
12.03%		1.761B
12.88%		1.417B
11.49%		1.576B
10.36%		1.703B
8.20%		1.916B
8.80%
EBITDA
Q2Q % growth		662.58M
8.24%		720M
-15.76%		806.01M
-25.17%		696.14M
43.59%		812.83M
22.68%		861.79M
19.69%		969.58M
20.29%		865.71M
24.36%		1.007B
23.89%		1.057B
22.65%		1.225B
26.34%
EBIT
Q2Q % growth		468.29M
29.50%		546.61M
17.27%		633.87M
15.69%		521.75M
68.37%		639.11M
36.48%		702.25M
28.47%		836M
31.89%		661.75M
26.83%		805.29M
26.00%		881.79M
25.57%		1.044B
24.88%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

FSLR Yearly Revenue VS EstimatesFSLR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B
FSLR Yearly EPS VS EstimatesFSLR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 10 20 30

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
26.90%
EPS Next 5 Year
14.93%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
9.09%
Revenue Next 5 Year
7.18%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
35.28%
EBIT Next 5 Year
16.67%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

FIRST SOLAR INC / FSLR Forecast FAQ

Can you provide the average price target for FIRST SOLAR INC stock?

49 analysts have analysed FSLR and the average price target is 246.84 USD. This implies a price increase of 16.59% is expected in the next year compared to the current price of 211.71.

Can you provide the upcoming earnings date for FIRST SOLAR INC?

FIRST SOLAR INC (FSLR) will report earnings on 2026-07-29, after the market close.

What are the consensus estimates for FSLR stock next earnings?

The consensus EPS estimate for the next earnings of FIRST SOLAR INC (FSLR) is 4.3 USD and the consensus revenue estimate is 1.22B USD.

What is the number of analysts for FSLR stock?

The number of analysts covering FIRST SOLAR INC (FSLR) is 49.