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First Solar (FSLR) Stock Forecast & Price Target

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$195.14 +13.01 (+7.14%)
(As of 11/14/2024 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

Sell
0
Hold
3
Buy
24

Based on 27 Wall Street analysts who have issued ratings for First Solar in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 27 analysts, 3 have given a hold rating, 23 have given a buy rating, and 1 has given a strong buy rating for FSLR.

Consensus Price Target

$280.50
43.74% Upside
According to the 27 analysts' twelve-month price targets for First Solar, the average price target is $280.50. The highest price target for FSLR is $360.00, while the lowest price target for FSLR is $240.00. The average price target represents a forecasted upside of 43.74% from the current price of $195.14.
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FSLR Analyst Ratings Over Time

TypeCurrent Forecast
11/16/23 to 11/15/24
1 Month Ago
10/17/23 to 10/16/24
3 Months Ago
8/18/23 to 8/17/24
1 Year Ago
11/16/22 to 11/16/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
23 Buy rating(s)
22 Buy rating(s)
22 Buy rating(s)
19 Buy rating(s)
Hold
3 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$280.50$283.64$275.36$234.72
Forecasted Upside43.74% Upside37.94% Upside22.17% Upside51.91% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

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
2.93
2.63
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside43.74% Upside1,378.35% Upside8.87% Upside
News Sentiment Rating
Positive News

See Recent FSLR News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/13/2024Barclays
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$290.00 ➝ $275.00+49.31%
11/5/2024Seaport Res Ptn
1 of 5 stars
T. Curran
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UpgradeHold
10/31/2024Mizuho
2 of 5 stars
M. Mandloi
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Lower TargetNeutral ➝ Neutral$274.00 ➝ $257.00+28.38%
10/30/2024Guggenheim
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 Lower TargetBuy ➝ Buy$368.00 ➝ $335.00+68.52%
10/30/2024Piper Sandler
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 Lower TargetOverweight ➝ Overweight$250.00 ➝ $245.00+23.87%
10/30/2024Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$315.00 ➝ $280.00+41.56%
10/30/2024The Goldman Sachs Group
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 Lower TargetBuy ➝ Buy$311.00 ➝ $279.00+41.06%
10/30/2024BMO Capital Markets
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 Reiterated RatingOutperform ➝ Outperform$286.00 ➝ $260.00+33.92%
10/30/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$281.00 ➝ $278.00+43.19%
10/30/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$250.00 ➝ $240.00+23.62%
10/30/2024Susquehanna
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 Lower TargetPositive ➝ Positive$280.00 ➝ $252.00+35.81%
10/30/2024Bank of America
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 Lower TargetBuy ➝ Buy$321.00 ➝ $269.00+34.72%
10/30/2024Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$329.00 ➝ $297.00+48.75%
10/29/2024Janney Montgomery Scott
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S. Milligan
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UpgradeNeutral ➝ Buy$260.00+26.81%
10/22/2024Citigroup
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V. Bagri
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UpgradeNeutral ➝ Buy$200.00 ➝ $254.00+29.43%
10/15/2024Roth Mkm
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 Lower TargetBuy ➝ Buy$320.00 ➝ $280.00+36.97%
10/10/2024Jefferies Financial Group
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 Lower TargetBuy ➝ Buy$271.00 ➝ $266.00+17.67%
10/9/2024Hsbc Global Res
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D. Yang
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UpgradeStrong-Buy
9/26/2024Truist Financial
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J. Levy
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Initiated CoverageBuy$300.00+24.11%
8/29/2024William Blair
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J. Dorsheimer
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Initiated CoverageMarket Perform
8/14/2024Clarkson Capital
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R. Hartvigsen
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Initiated CoverageBuy$270.00+17.25%
8/1/2024DZ Bank
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 UpgradeHold ➝ Buy$280.00+29.64%
7/31/2024UBS Group
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 Boost TargetBuy ➝ Buy$350.00 ➝ $360.00+67.67%
7/31/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$325.00 ➝ $326.00+49.62%
7/16/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$262.00 ➝ $282.00+29.13%
7/2/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$344.00 ➝ $307.00+37.85%
6/28/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$215.00 ➝ $280.00+16.75%
10/20/2023BNP Paribas
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 Initiated CoverageOutperform$237.00+55.95%
9/8/2023Roth Capital
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 Reiterated RatingBuy ➝ Buy$230.00+26.06%
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%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 03:28 AM ET.


FSLR Forecast - Frequently Asked Questions

According to the research reports of 27 Wall Street equities research analysts, the average twelve-month stock price forecast for First Solar is $280.50, with a high forecast of $360.00 and a low forecast of $240.00.

27 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Solar in the last twelve months. There are currently 3 hold ratings, 23 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FSLR shares.

According to analysts, First Solar's stock has a predicted upside of 43.74% based on their 12-month stock forecasts.

Over the previous 90 days, First Solar's stock had 4 upgrades by analysts.

Analysts like First Solar more than other "oils/energy" companies. The consensus rating score for First Solar is 2.93 while the average consensus rating score for "oils/energy" companies is 2.63. Learn more on how FSLR compares to other companies.


This page (NASDAQ:FSLR) was last updated on 11/15/2024 by MarketBeat.com Staff
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