← ANALYST RATINGS · TIPRANKS

First Solar (FSLR): analyst forecast and price target

$173 −3.45% close 16.10.26 · market cap $19.2B · Technology · Solar SPY 0.03%
Price targets and ratings of

Analyst consensus

Moderate Buy

7 Buy4 Hold0 Sell

Ratings of 11 analysts in the last 3 months · top analysts only

12-month forecast

$282+63.5% upside

Based on 11 price targets given in the last 3 months, the average target is $282, the highest $330, the lowest $228. The average is +63.5% from the last price of $173.

$200$250$300Jan 26AprJulOctJan 27AprJulOctHigh$330Average$282Low$228
Highest target $330 Average target $282 Lowest target $228
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Christine Cho CFA★★★★★★★★★★#9787 · hits 45% · avg −0.5% Barclays $279 → $259−7.2% Buy +50.0% Reiterated 15.10.26on TipRanks 05:07 −0.4%next day −2.3%
David Arcaro★★★★★★★★★★#549 · hits 59% · avg +12.4% Morgan Stanley $323 → $326+0.9% Buy +88.8% Reiterated 14.10.26on TipRanks 08:10 −2.9%next day −0.4%
Christopher Souther★★★★★★★★★★#12351 · hits 28% · avg −16.4% Truist Financial $229 → $270+17.9% Buy +56.4% Upgrade 12.10.26on TipRanks 05:15 +1.1%next day +3.8%
Chris Dendrinos★★★★★★★★★★#212 · hits 54% · avg +47.1% RBC Capital $236 Buy +36.7% Reiterated 09.10.26on TipRanks Oct 12 21:45 −1.2%next day +1.1% · 5 days −0.9%
Brian K. Lee★★★★★★★★★★#6338 · hits 45% · avg +0.8% Goldman Sachs $310 → $272−12.3% Buy +57.6% Reiterated 08.10.26on TipRanks 06:25 −0.3%next day −1.2% · 5 days +0.3%
Dimple Gosai★★★★★★★★★★#12396 · hits 54% · avg −35.0% Bank of America Securities $260 → $251−3.5% Buy +45.4% Reiterated 30.09.26on TipRanks 07:10 −0.8%next day −1.9% · 5 days +0.9%
Sophie Karp★★★★★★★★★★#2839 · hits 52% · avg +3.9% KeyBanc — Hold — Upgrade 27.09.26on TipRanks Sep 28 02:45 −1.9%next day +2.5% · 5 days +0.6%
Gordon Johnson★★★★★★★★★★#11662 · hits 57% · avg −4.5% GLJ Research $314 → $250−20.5% Buy +44.8% Reiterated 22.09.26on TipRanks 14:20 +0.5%next day −3.7% · 5 days −10.7%
Philip Shen★★★★★★★★★★#1699 · hits 42% · avg +8.0% Roth MKM — Buy — Reiterated 21.09.26on TipRanks 10:40 +0.4%next day +0.5% · 5 days −12.4%
Aristotelis Moutopoulos★★★★★★★★★★#9693 · hits 56% · avg −1.5% DZ BANK AG $185 Sell +7.2% Reiterated 09.09.26on TipRanks Sep 10 03:20 −4.3%next day +2.6% · 5 days −4.8%
Praneeth Satish★★★★★★★★★★#4206 · hits 56% · avg +2.7% Wells Fargo $313 → $300−4.2% Buy +73.8% Reiterated 02.09.26on TipRanks 06:50 +1.0%next day +1.3% · 5 days +3.2%
Ameet Thakkar★★★★★★★★★★#11158 · hits 55% · avg −3.4% BMO Capital $237 → $263+11.0% Buy +52.3% Upgrade 28.08.26on TipRanks Aug 27 07:20 +1.4%next day −2.5% · 5 days −1.5%
Corinne Blanchard★★★★★★★★★★#12106 · hits 27% · avg −12.1% Deutsche Bank $272 → $299+9.9% Buy +73.2% Reiterated 26.08.26on TipRanks 04:45 −0.5%next day +1.4% · 5 days −1.5%
Unknown Analyst Argus Research $275 Buy +59.3% Reiterated 25.08.26on TipRanks Aug 27 07:20 −1.0%next day −0.5% · 5 days −2.9%
Nicholas Amicucci★★★★★★★★★★#5050 · hits 35% · avg +4.1% Evercore ISI $219 → $218−0.5% Hold +26.3% Reiterated 17.08.26on TipRanks 07:57 −2.9%next day +1.7% · 5 days −3.2%
Ben Kallo★★★★★★★★★★#2316 · hits 43% · avg +6.2% Robert W. Baird $318 Buy +84.2% Upgrade 11.08.26on TipRanks 05:35 +1.0%next day −6.1% · 5 days −8.3%
Maheep Mandloi★★★★★★★★★★#5687 · hits 45% · avg +1.6% Mizuho Securities $300 → $324+8.0% Buy +87.7% Reiterated 10.08.26on TipRanks 07:25 −4.3%next day +1.0% · 5 days −8.9%
Daniel Yang★★★★★★★★★★#11640 · hits 37% · avg −10.5% HSBC — Buy — Upgrade 07.08.26on TipRanks 12:25 +1.8%next day −4.3% · 5 days −10.2%
Julien Dumoulin Smith★★★★★★★★★★#774 · hits 62% · avg +8.9% Jefferies $196 → $228+16.3% Hold +32.1% Reiterated 07.08.26on TipRanks 09:50 +1.8%next day −4.3% · 5 days −10.2%
Joseph Osha★★★★★★★★★★#833 · hits 52% · avg +14.9% Guggenheim $279 → $282+1.1% Buy +63.3% Reiterated 03.08.26on TipRanks 09:35 +8.9%next day +2.9% · 5 days +0.8%
Vikram Bagri★★★★★★★★★★#12347 · hits 38% · avg −17.6% Citi $294 → $297+1.0% Buy +72.0% Reiterated 03.08.26on TipRanks 06:55 +8.9%next day +2.9% · 5 days +0.8%
Mark Strouse★★★★★★★★★★#2081 · hits 47% · avg +6.2% J.P. Morgan $256 Buy +48.3% Reiterated 03.08.26on TipRanks Jul 31 09:45 +1.7%next day +8.9% · 5 days +15.0%
Jed Dorsheimer★★★★★★★★★★#485 · hits 49% · avg +23.6% William Blair — Hold — Reiterated 31.07.26on TipRanks 13:26 +1.7%next day +8.9% · 5 days +15.0%
Colin Rusch★★★★★★★★★★#147 · hits 46% · avg +37.3% Oppenheimer — Hold — Reiterated 31.07.26on TipRanks 08:36 +1.7%next day +8.9% · 5 days +15.0%
Sean Milligan★★★★★★★★★★#11742 · hits 46% · avg −8.9% Needham $303 Buy +75.5% Reiterated 31.07.26on TipRanks 07:45 +1.7%next day +8.9% · 5 days +15.0%
Jon Windham★★★★★★★★★★#1504 · hits 53% · avg +9.4% UBS $330 Buy +91.1% Reiterated 31.07.26on TipRanks 06:50 +1.7%next day +8.9% · 5 days +15.0%
Jeff Osborne★★★★★★★★★★#5638 · hits 46% · avg +1.2% TD Cowen $253 Buy +46.5% Assigned 31.07.26on TipRanks 03:46 +1.7%next day +8.9% · 5 days +15.0%
Charles Minervino★★★★★★★★★★#59 · hits 71% · avg +23.0% Susquehanna $250 → $270+8.0% Buy +56.4% Reiterated 10.07.26on TipRanks 07:24 −0.7%next day −2.2% · 5 days −5.4%
Sunaina Ocalan‏★★★★★★★★★★#7891 · hits 57% · avg +2.2% Bernstein — Sell — Reiterated 26.06.26on TipRanks Jun 29 05:25 −3.1%next day −4.3% · 5 days −5.6%
Dmitriy Pozdnyakov★★★★★★★★★★#7166 · hits 50% · avg +2.3% Freedom Capital Markets $250 → $260+4.0% Buy +50.6% Upgrade 05.05.26on TipRanks 10:55 +3.0%next day −2.0% · 5 days +2.0%
Bobby Zolper Raymond James — Hold — Initiated 12.01.26on TipRanks Jan 13 09:49 −0.5%next day +1.7% · 5 days +4.3%
Unknown Analyst Seaport Global $310 Buy +79.6% Reiterated 11.01.26on TipRanks 10:40 −0.5%next day +1.7% · 5 days +4.3%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering First Solar

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Mark Strouse★★★★★★★★★★J.P. Morgan · #2081
Hits 47%233 of 494 Average return +6.2%
1 year Joseph Osha★★★★★★★★★★Guggenheim · #833
Hits 52%166 of 320 Average return +14.9%
2 years Ameet Thakkar★★★★★★★★★★BMO Capital · #11158
Hits 55%91 of 164 Average return −3.4%

Most profitable

3 months Maheep Mandloi★★★★★★★★★★Mizuho Securities · #5687
Hits 45%118 of 263 Average return +1.6%
1 year Ben Kallo★★★★★★★★★★Robert W. Baird · #2316
Hits 43%211 of 494 Average return +6.2%
2 years Ben Kallo★★★★★★★★★★Robert W. Baird · #2316
Hits 43%211 of 494 Average return +6.2%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $273 at a price of $175 (+55.9%); now: $272 at $173 (+57.8%).

$200$250Sep 15Oct 1Oct 15Top analysts$282Average target$272Price$173

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

010202332Oct 251621Nov1621Dec811Jan 261252Feb1252Mar951Apr821May721Jun11332Jul11441Aug21451Sep273Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy001122
Buy871314147
Hold223453
Sell112110

Earnings and sales forecast

Next report: 29.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $4.67 (from $3.78 to $5.41). Last quarter: $3.92.

Sales

Next quarter’s sales estimate — $1.3B (from $1.2B to $1.6B). Last quarter: $1.1B.

Best top-analyst consensus in the sector · Technology

TSMTSMC
ANETArista Networks
UCTTUltra Clean Holdings
ONTOOnto Innovation
CLSnot in our ETFs
About First Solar
  • CEO: Mark R. Widmar
  • Employees: 7,900
  • 4300 E Camelback Road, Suite 220, Phoenix, AZ, 85018, US
  • www.firstsolar.com

First Solar, Inc. is a global provider of photovoltaic (PV) solar energy solutions, operating in numerous international markets including the United States, Japan, France, Canada, India, and Australia. The company's primary activity involves the engineering, manufacturing, and sale of cadmium telluride solar modules, which are designed to convert solar radiation directly into electricity. Its clientele is broad, serving system developers and operators, utility companies, independent power producers, commercial and industrial businesses, and various other system owners. Founded in 1999, the firm is based in Tempe, Arizona, and underwent a name change in 2006 from its former designation, First Solar Holdings, Inc.

Data from the stock’s TipRanks forecast page, read 8 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗