
First Solar (FSLR) Stock Forecast & Price Target
First Solar (FSLR) Analyst Ratings
Bulls say
First Solar has demonstrated improved liquidity, with cash and marketable securities rising to approximately $1.2 billion, driven by tax-credit monetization and the signing of a transfer agreement for additional 45X credits, signaling strong financial health. The company's revenue projections for 2026 and 2027 have been adjusted upward, expected to reach around $6.3 billion and $7.2 billion respectively, reflecting increased expectations in volume and average selling prices. Additionally, the anticipated increase in cadmium telluride (CdTe) spot pricing and a significant estimated 45X tax value of approximately $1.575 billion to $1.625 billion in 2025, which could grow to around $2.4 billion annually, further bolster First Solar's financial outlook.
Bears say
First Solar faces a challenging outlook due to approximately 35% of surveyed investors anticipating a potential reduction in the company's 2025 financial guidance, compounded by ongoing issues related to quality and module underperformance. The company's average selling prices (ASPs) are under pressure from declining costs associated with conventional silicon (c-Si) technologies, which could negatively affect earnings if First Solar cannot effectively reduce its cost structure. Additionally, supply chain and policy risks, such as weaker domestic-content enforcement and the potential for reduced production run rates in Southeast Asia, further exacerbate the company's vulnerability in a competitive market.
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
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