
First Solar (FSLR) Stock Forecast & Price Target
First Solar (FSLR) Analyst Ratings
Bulls say
First Solar demonstrated improved liquidity with cash and marketable securities rising to approximately $1.2 billion, bolstered by tax-credit monetization and a transfer agreement for additional 45X credits valued at up to $391 million. The company is poised for revenue growth, with 2026 and 2027 projections increased to around 2% above current consensus estimates, forecasted to reach approximately $6.3 billion and $7.2 billion, respectively. Furthermore, favorable trends in CdTe spot pricing and robust gross margins projected at 16.9% and 20.1% for 2025 and 2026 suggest ongoing improvements in operational efficiency and profitability.
Bears say
First Solar faces significant challenges, as approximately 35% of investors anticipate a reduction in its 2025 guidance due to ongoing quality issues and module underperformance. The decline in c-Si pricing is eroding average selling prices, which, if not addressed through cost reductions, could adversely affect the company’s earnings. Additionally, with a declining backlog coverage and potential underutilization in Southeast Asia, First Solar's production capacities may face substantial headwinds, compounding concerns regarding future demand and operational efficiency.
This aggregate rating is based on analysts' research of First Solar and is not a guaranteed prediction by Public.com or investment advice.
First Solar (FSLR) Analyst Forecast & Price Prediction
Start investing in First Solar (FSLR)
Order type
Buy in
Order amount
Est. shares
0 shares