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

NASDAQ:FSLR • US3364331070

Current stock price

196.07 USD
-1.49 (-0.75%)
At close:
196.07 USD
0 (0%)
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
$281.48
+ 43.56% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 27, 2026
Period
Q1 / 2026
EPS Estimate
$3.05
Revenue Estimate
1.063B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
74.29%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$281.48
Upside
+ 43.56%
From current price of $196.07 to mean target of $281.48, Based on 49 analyst forecasts
Low
$151.50
Median
$288.15
High
$364.46

Price Target Revisions

1 Month
0.08%
3 Months
2.95%

Price Target Summary

49 Wall Street analysts provided a forecast for the next 12 months for FSLR. The average price target is 281.48 USD. This implies a price increase of 43.56% is expected in the next year compared to the current price of 196.07.
The average price target has been revised upward by 2.95% 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
74.29%
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
2026-03-05Evercore 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
2025-10-31JP MorganMaintains Overweight -> Overweight
2025-10-27Roth CapitalReiterate Buy -> Buy
2025-10-22NeedhamInitiate Buy
2025-10-16JP MorganMaintains Overweight -> Overweight
2025-10-16Morgan StanleyMaintains Overweight -> Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 27, 2026
Period
Q1 / 2026
EPS Estimate
$3.05
Revenue Estimate
1.063B
Revenue Q2Q
25.86%
EPS Q2Q
56.43%
Number of Analysts
29

Next Earnings Revisions

Revenue (1 Month)
-15.23%
Revenue (3 Months)
-17.02%
EPS (1 Month)
-30.43%
EPS (3 Months)
-32.39%

Next Earnings Summary

FSLR is expected to report earnings on 4/27/2026. The consensus EPS estimate for the next earnings is 3.05 USD and the consensus revenue estimate is 1.06B USD.
The next earnings revenue estimate has been revised downward by 17.02% 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

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%		5.435B
4.13%		6.263B
15.23%		6.845B
9.29%		7.8B
13.95%		7.561B
-3.06%		6.181B
-18.25%		5.717B
-7.51%		5.539B
-3.11%
EBITDA
YoY % growth
FSLR ebitda by date.FSLR ebitda by date.
1.194B
2,451.21%		1.817B
52.20%		2.126B
17.00%		2.601B
22.34%		3.385B
30.14%		4.037B
19.26%		4.515B
11.84%		3.83B
-15.17%		2.601B
-32.09%		1.972B
-24.18%		1.194B
-39.45%
EBIT
YoY % growth
FSLR ebit by date.FSLR ebit by date.
885.973M
497.48%		1.394B
57.31%		1.597B
14.57%		2.628B
64.57%		3.343B
27.21%		3.699B
10.65%		3.779B
2.16%		3.166B
-16.22%		1.937B
-38.82%		1.376B
-28.96%		665.66M
-51.62%
Operating Margin
FSLR operating margin by date.FSLR operating margin by date.
26.70%33.13%30.59%48.35%53.38%54.04%48.45%41.87%31.34%24.07%12.02%
EPS
YoY % growth
FSLR eps by date.FSLR eps by date.
7.74
677.61%		12.45
60.85%		14.21
14.14%		18.59
30.85%		24.33
30.84%		29.33
20.56%		35.98
22.66%		29.16
-18.95%		22.33
-23.41%		15.01
-32.77%		5.71
-61.96%

All data in USD

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

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28
EPS
Q2Q % growth		3.05
56.43%		4.41
38.79%		6.11
44.04%		7.31
50.95%		6.40
109.93%		7.32
65.76%		7.70
26.09%		8.55
17.02%		7.72
20.53%		7.67
4.83%		7.67
-0.34%
Revenue
Q2Q % growth		1.063B
25.86%		1.239B
12.93%		1.65B
3.46%		1.924B
14.33%		1.499B
41.02%		1.752B
41.40%		1.92B
16.36%		2.117B
10.03%		1.78B
18.75%		1.78B
1.60%		1.79B
-6.77%
EBITDA
Q2Q % growth		484.76M
39.65%		653.12M
6.70%		826.62M
-3.28%		981.31M
-8.90%		884.68M
82.50%		992.95M
52.03%		1.043B
26.18%		1.146B
16.78%		1.025B
15.86%		1.02B
2.72%		1.021B
-2.11%
EBIT
Q2Q % growth		328.9M
48.66%		482.75M
33.50%		696.06M
49.34%		843.42M
53.93%		717.97M
118.29%		858.63M
77.86%		921.24M
32.35%		1.058B
25.44%		N/AN/AN/A

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
27.32%
EPS Next 5 Year
15.46%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
9.57%
Revenue Next 5 Year
7.76%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
34.45%
EBIT Next 5 Year
18.19%
→ 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 281.48 USD. This implies a price increase of 43.56% is expected in the next year compared to the current price of 196.07.

What is the next earnings date for FSLR stock?

FIRST SOLAR INC (FSLR) will report earnings on 2026-04-27, after the market close.

Can you provide the consensus estimates for FIRST SOLAR INC next earnings?

The consensus EPS estimate for the next earnings of FIRST SOLAR INC (FSLR) is 3.05 USD and the consensus revenue estimate is 1.06B USD.

Can you provide the analyst count for FIRST SOLAR INC stock?

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