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First Solar (FSLR) Stock Forecast & Price Target

$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

Consensus Price Target

$265.72
1.28% Upside
High Forecast$356.00
Average Forecast$265.72
Low Forecast$185.00
TypeCurrent 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 Upside1.28% Upside37.08% Upside39.29% Upside14.68% 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.
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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.
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First Solar Stock vs. The Competition

TypeFirst SolarOils/Energy CompaniesS&P 500
Consensus Rating Score
2.84
2.56
2.50
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside1.28% Upside776.06% Upside11.31% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/18/2024Janney Montgomery Scott
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 DowngradeBuy ➝ Neutral
6/12/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$271.00 ➝ $325.00+10.35%
6/11/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$246.00 ➝ $344.00+22.94%
6/10/2024BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$224.00 ➝ $311.00+15.88%
6/4/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$268.00 ➝ $302.00+11.24%
6/4/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$248.00 ➝ $331.00+21.37%
5/31/2024Roth Mkm
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 Reiterated RatingBuy ➝ Buy$230.00 ➝ $320.00+21.16%
5/30/2024Mizuho
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M. Mandloi
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Reiterated RatingBuy ➝ Neutral$209.00 ➝ $274.00-1.51%
5/29/2024UBS Group
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 Boost TargetBuy ➝ Buy$270.00 ➝ $350.00+25.90%
5/29/2024DZ Bank
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 DowngradeBuy ➝ Hold$270.00-3.63%
5/23/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$240.00 ➝ $262.00+4.07%
5/21/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$195.00 ➝ $219.00+11.54%
5/15/2024Barclays
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 Boost TargetOverweight ➝ Overweight$227.00 ➝ $228.00+21.94%
5/2/2024Guggenheim
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 Lower TargetBuy ➝ Buy$359.00 ➝ $356.00+99.64%
5/2/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$209.50 ➝ $211.00+18.82%
4/23/2024Evercore ISI
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 UpgradeIn-Line ➝ Outperform$227.00+28.77%
4/19/2024Wells Fargo & Company
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 UpgradeEqual Weight ➝ Overweight$187.00 ➝ $250.00+43.44%
4/10/2024Bank of America
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 Boost TargetBuy ➝ Buy$187.00 ➝ $194.00+5.42%
4/5/2024Susquehanna
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 Reiterated RatingPositive ➝ Positive$258.00+50.47%
2/28/2024Royal Bank of Canada
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 Reiterated RatingOutperform ➝ Outperform$195.00+24.76%
10/20/2023BNP Paribas
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 Initiated CoverageOutperform$237.00+55.95%
10/18/2023Citigroup
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 Lower TargetNeutral ➝ Neutral$200.00 ➝ $185.00+21.10%
9/8/2023Roth Capital
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 Reiterated RatingBuy ➝ Buy$230.00+26.06%
9/8/2023Deutsche Bank Aktiengesellschaft
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 UpgradeHold ➝ Buy$220.00 ➝ $235.00+30.19%
7/28/2023TD Cowen
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 Boost TargetOutperform$250.00 ➝ $293.00+40.60%
6/26/202351job
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 Reiterated RatingMaintains
5/15/2023Wolfe Research
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 DowngradeOutperform ➝ Market Perform
4/28/2023Credit Suisse Group
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 Boost Target$163.00 ➝ $170.00-15.35%
3/14/2023Argus
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 Boost Target$176.00 ➝ $261.00+28.21%
3/6/2023KeyCorp
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 Boost TargetOverweight$201.00 ➝ $227.00+8.04%
3/1/2023Cowen
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 Boost Target$195.00 ➝ $205.00+21.20%
12/23/2022Daiwa Capital Markets
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 Initiated CoverageOutperform$175.00+11.54%
10/28/2022Cowen
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 Boost Target$167.00 ➝ $175.00+32.99%
9/9/2022Susquehanna Bancshares
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 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.

Does First Solar's stock price have much upside?

According to analysts, First Solar's stock has a predicted upside of 22.62% based on their 12-month stock forecasts.


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This page (NASDAQ:FSLR) was last updated on 6/19/2024 by MarketBeat.com Staff

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