First Solar (FSLR) Stock Forecast & Price Target

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$262.37

+1.04 (+0.40%)

(As of 06/18/2024 ET)

First Solar - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 25 Analyst Ratings

Consensus Price Target

$265.72
1.28% Upside

High Forecast	$356.00
Average Forecast	$265.72
Low Forecast	$185.00

Type	Current Forecast 6/20/23 to 6/19/24	1 Month Ago 5/21/23 to 5/20/24	3 Months Ago 3/22/23 to 3/21/24	1 Year Ago 6/20/22 to 6/20/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	21 Buy rating(s)	23 Buy rating(s)	18 Buy rating(s)	11 Buy rating(s)
Hold	4 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)	7 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$265.72	$238.20	$231.48	$210.92
Forecasted Upside	1.28% Upside	37.08% Upside	39.29% Upside	14.68% Upside

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FSLR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

FSLR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

First Solar Stock vs. The Competition

Type	First Solar	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.84	2.56	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	1.28% Upside	776.06% Upside	11.31% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
6/18/2024	Janney Montgomery Scott Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
6/12/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$271.00 ➝ $325.00	+10.35%
6/11/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$246.00 ➝ $344.00	+22.94%
6/10/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$224.00 ➝ $311.00	+15.88%
6/4/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$268.00 ➝ $302.00	+11.24%
6/4/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$248.00 ➝ $331.00	+21.37%
Get the Latest News and Ratings for FSLR and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for First Solar and its competitors with MarketBeat's FREE daily newsletter.
5/31/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$230.00 ➝ $320.00	+21.16%
5/30/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Mandloi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Neutral	$209.00 ➝ $274.00	-1.51%
5/29/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$270.00 ➝ $350.00	+25.90%
5/29/2024	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$270.00	-3.63%
5/23/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$240.00 ➝ $262.00	+4.07%
5/21/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$195.00 ➝ $219.00	+11.54%
5/15/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$227.00 ➝ $228.00	+21.94%
5/2/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$359.00 ➝ $356.00	+99.64%
5/2/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$209.50 ➝ $211.00	+18.82%
4/23/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	In-Line ➝ Outperform	$227.00	+28.77%
4/19/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$187.00 ➝ $250.00	+43.44%
4/10/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$187.00 ➝ $194.00	+5.42%
4/5/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Positive ➝ Positive	$258.00	+50.47%
2/28/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$195.00	+24.76%
10/20/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$237.00	+55.95%
10/18/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$200.00 ➝ $185.00	+21.10%
9/8/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$230.00	+26.06%
9/8/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$220.00 ➝ $235.00	+30.19%
7/28/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$250.00 ➝ $293.00	+40.60%
6/26/2023	51job Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
5/15/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
4/28/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$163.00 ➝ $170.00	-15.35%
3/14/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$176.00 ➝ $261.00	+28.21%
3/6/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$201.00 ➝ $227.00	+8.04%
3/1/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$195.00 ➝ $205.00	+21.20%
12/23/2022	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$175.00	+11.54%
10/28/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$167.00 ➝ $175.00	+32.99%
9/9/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$120.00 ➝ $175.00	+27.24%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:05 AM ET.

FSLR Forecast - Frequently Asked Questions

What is First Solar's stock forecast and purchase recommendation?: According to the research reports of 25 Wall Street equities research analysts, the average twelve-month stock price forecast for First Solar is $265.72, with a high forecast of $356.00 and a low forecast of $185.00. The consensus rating for First Solar stock is Moderate Buy based on the current 4 hold ratings and 21 buy ratings for FSLR. Learn more on FSLR's analyst rating history.
Do Wall Street analysts like First Solar more than its competitors?: Analysts like First Solar more than other "oils/energy" companies. The consensus rating score for First Solar is 2.84 while the average consensus rating score for "oils/energy" companies is 2.56. Learn more on how FSLR compares to other companies.
Is First Solar being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, First Solar's stock had 2 upgrades and 2 downgrades by analysts.