
First Solar (FSLR) Stock Forecast & Price Target
First Solar (FSLR) Analyst Ratings
Bulls say
First Solar's liquidity has significantly strengthened, reflected in an increase in cash and marketable securities to approximately $1.2 billion, bolstered by effective tax-credit monetization strategies. The rising spot prices for cadmium telluride (CdTe) solar modules signal a favorable market trend, which is expected to contribute further to revenue growth, with projections for 2026 and 2027 revenues increased by around 2% above previous consensus estimates. Additionally, the anticipated annual value of the 45X tax credits, projected to reach approximately $2.4 billion once fully operational, represents a substantial cash influx that enhances the company’s financial outlook.
Bears say
First Solar faces significant challenges, with approximately 35% of investors anticipating a reduction in the company’s 2025 guidance, primarily due to quality issues and module underperformance. The persistent decline in prices for crystalline silicon (c-Si) is further eroding average selling prices (ASPs) to below $0.28/W, which could diminish demand for First Solar's thin-film technology if the company fails to adapt. Additionally, a declining backlog and potential underabsorption from reduced production utilization could compound earnings pressures, exacerbated by the current geopolitical landscape affecting trade policies.
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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