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FSLRFSLRTechnology · Solar

FSLR Stock Forecast: First Solar, Inc. Price Predictions for 2026-2027

Last close, 9 Sept 2026
$203
−4.76% on the day

The 36 Wall Street analysts covering First Solar, Inc. hold a median 12-month price target of $270 — +32.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 86 of 100 as at 8 Sept 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$21.8B
Ticker Nerd rank
86 / 100
Median analyst target
$270
Analysts covering
36
Revenue$1.1B−3.7% y/y
Operating income$450.4M
Net income$422.6M
Free cash flow−$306.2M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+1.7%
1M
−18.8%
YTD
−22.3%
1Y
+0.0%
From 52W high
−36.2%
From 52W low
+10.0%
$185
$318
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

FSLR stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores First Solar, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 8 Sept 2026
86 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Quality
94
Value
94
Issuance
91
Growth
84
Volatility
77
Momentum
64
Revisions
47
Accruals
45
Size
9

Quality (94): The business earns solid, repeatable profits on what it owns.

Accruals (45): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Size (9): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

FSLR stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on FSLR, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$150$200$250$300$350$400Oct 25Jan 26Apr 26Jul 26FSLRHigh $402Median $270Low $150

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says36 analysts
26 Buy8 Hold2 Sell
Low $150Median $270High $402

The green dot is the last close — the median target sits +32.9% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 6 moved their price target up and 4 moved it down.

DateFirmActionRatingTarget
27 Aug 2026BMO CapitalUpgradeOutperform$237 → $263
26 Aug 2026Argus ResearchReiteratesBuy$275
26 Aug 2026Deutsche BankMaintainsBuy$272 → $299
18 Aug 2026Morgan StanleyMaintainsOverweight—
18 Aug 2026Morgan StanleyMaintainsOverweight$245 → $323
17 Aug 2026Evercore ISI GroupMaintainsIn-Line—
17 Aug 2026Evercore ISI GroupMaintainsIn-Line$219 → $218
7 Aug 2026Wells FargoMaintainsOverweight$300 → $313
7 Aug 2026Wells FargoMaintainsOverweight—
3 Aug 2026CitigroupMaintainsBuy—
3 Aug 2026CitigroupMaintainsBuy$294 → $297
3 Aug 2026GuggenheimMaintainsBuy—
3 Aug 2026GuggenheimMaintainsBuy$279 → $282
31 July 2026BernsteinMaintainsUnderperform$217 → $197
31 July 2026BernsteinMaintainsUnderperform—
31 July 2026Truist SecuritiesReiteratesHold$249 → $229
31 July 2026Truist SecuritiesReiteratesHold—
31 July 2026Wells FargoMaintainsOverweight—
31 July 2026Wells FargoMaintainsOverweight$320 → $300
24 July 2026Roth CapitalReiteratesBuy$300

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. FSLR appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

FSLR vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 9 Sept 2026, First Solar, Inc. returned +0.0% against +18.5% for the S&P 500, dividends included.

FSLR vs S&P 500, last 12 monthsTotal return, rebased to 100
80100120140160Oct 25Jan 26Apr 26Jul 26FSLRS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

FSLR analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+0.8%
Analysts raising
17
Analysts cutting
7
Fundamentals

First Solar, Inc. (FSLR) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
12.5×

Cheaper than 52% of US stocks

Price / sales
4.1×

Cheaper than 31% of US stocks

Price / book
2.1×

Cheaper than 44% of US stocks

EV / EBITDA
9.0×

Cheaper than 44% of US stocks

Growth & margins
Revenue growth (YoY)
−3.7%

Higher than 22% of US stocks

Earnings growth (YoY)
23.6%

Higher than 61% of US stocks

Gross margin
57.3%

Higher than 70% of US stocks

Operating margin
42.6%

Higher than 93% of US stocks

Net margin
32.5%

Higher than 91% of US stocks

Returns & dividend
Return on equity
18.5%

Higher than 79% of US stocks

Return on assets
8.6%

Higher than 90% of US stocks

Dividend yield
—

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

First Solar, Inc. (FSLR) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • First Solar, Inc. has a market value of $21.8B and an enterprise value of $21.4B.

  • Revenue in the twelve months to 30 June 2026: $5.4B. The latest quarter shrank 3.7% year on year.

  • Net income over the same four quarters: $1.7B, a 32.5% net margin.

  • Diluted earnings per share, trailing twelve months: $16.22.

  • Free cash flow in the twelve months to 30 June 2026: $1.5B.

  • Shares outstanding: 107.5M.

  • Trailing P/E: 12.5×; forward P/E: 8.8× — the forward figure prices analyst consensus estimates, not reported earnings.

  • First Solar, Inc. employs 7,900 people — $681K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 9 Sept 2026

Data provided by Twelve Data

Peers

FSLR vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSolar
CompanyMarket capTKN rank
FSLRFirst Solar, Inc.$21.8B
86
NXTNextpower, Inc.$13.0B
64
ENPHEnphase Energy, Inc.$5.1B
51
RUNSunRun, Inc.$2.2B
33
SEDGSolarEdge Technologies, Inc.$2.2B
56
SHLSShoals Technologies Group, Inc.$1.2B
72
IOTSamsara, Inc.*$23.5B
67

* Nearest Technology names by size — few solar companies of this scale trade in the US universe.

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own First Solar, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest FSLR news & analysis

Which Solar Stock Has Dominated in 2026: SolarEdge, Enphase Energy, or First Solar?

24/7 Wall Street · 7 Sept 2026neutral

The article compares the 2026 stock performance of three major solar companies—SolarEdge, Enphase Energy, and First Solar—noting they traded in completely different directions, with the most profitable of the group posting the worst losses.

Why it matters — FSLR watchers would care because the piece highlights how First Solar's 2026 share performance diverged from its profitability relative to its solar peers.

First Solar: Noise Down, Stock Up

Seeking Alpha · 6 Sept 2026positive

First Solar has underperformed the S&P 500 since February despite reiterated guidance and supportive policy moves, but regulatory and political uncertainty has diminished. With ex-45X valuation considered reasonable at an EV/EBITDA of 20x-25x and revenue and margins projected to improve, market attention is returning to the company's core fundamentals.

Why it matters — A watcher would care because reduced policy uncertainty and expectations of sharp revenue and margin improvement signal the market may refocus on First Solar's underlying business fundamentals.

Here's Why First Solar (FSLR) Fell More Than Broader Market

Zacks Investment Research · 4 Sept 2026negative

First Solar (FSLR) shares declined 1.43% in the latest trading session, closing at $204.45. The stock's drop was steeper than that of the broader market.

Why it matters — FSLR watchers would note that the stock underperformed the wider market in the session, reflecting weaker relative momentum that day.

Trump's Solar Tariffs Could Spark The Next Intel-Style Government Deal: 2 Stocks To Watch

Benzinga · 26 Aug 2026neutral

The Trump administration's Section 232 tariffs on polysilicon imports could lead the federal government to take direct equity stakes in the domestic solar supply chain, following an Intel-style playbook. Retail investors are watching First Solar and Corning as industry experts suggest the government is actively using this approach to secure domestic energy.

Why it matters — As a major domestic solar manufacturer, First Solar could be directly affected by potential government equity involvement in the U.S. solar supply chain, which would be significant for FSLR watchers following the company's trajectory.

First Solar (FSLR) is a Top-Ranked Value Stock: Should You Buy?

Zacks Investment Research · 25 Aug 2026positive

Zacks Investment Research highlighted First Solar as a top-ranked value stock using its Style Scores system, which helps investors identify stocks based on investing style. The article explains why investors should consider taking advantage of this ranking tool.

Why it matters — FSLR watchers would care because the stock has been identified as a top-ranked value pick by Zacks' style-based screening methodology.

FAQ

Frequently asked questions about FSLR stock

What is the FSLR stock price forecast for 2026-2027?

The 36 Wall Street analysts covering First Solar, Inc. have a median 12-month price target of $270, with estimates ranging from $150 to $402. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is FSLR stock a buy right now?

Of the 36 analysts covering First Solar, Inc., 26 rate it a Buy, 8 a Hold and 2 a Sell. Ticker Nerd's systematic factor model ranks First Solar, Inc. 86 out of 100 across roughly 4,600 US stocks as at 8 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank FSLR?

As at 8 Sept 2026, First Solar, Inc. ranks 86 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (94 of 100).

Will FSLR stock go up?

No one can know that. What the data says: the median 12-month target from 36 analysts implies +32.9% from the last close, and Ticker Nerd's factor model ranks First Solar, Inc. 86 out of 100 as at 8 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the FSLR stock forecast for 2030?

No analyst covering First Solar, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for FSLR are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $150 to $402 over the next 12 months.

How has FSLR stock performed over the past year?

First Solar, Inc. returned +0.0% over the 12 months to 9 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does First Solar, Inc. do?

First Solar Inc. is a solar technology and manufacturing company that designs, produces, and sells cadmium telluride thin-film photovoltaic modules for utility-scale power generation.

What is the latest news on FSLR?

The most recent item we track (24/7 Wall Street, 7 Sept 2026): "Which Solar Stock Has Dominated in 2026: SolarEdge, Enphase Energy, or First Solar?". The article compares the 2026 stock performance of three major solar companies—SolarEdge, Enphase Energy, and First Solar—noting they traded in completely different directions, with the most profitable of the group posting the worst losses.

Company

About First Solar, Inc.

First Solar Inc. is a solar technology and manufacturing company that designs, produces, and sells cadmium telluride thin-film photovoltaic modules for utility-scale power generation. First Solar Inc. focuses on providing solar modules and integrated solar energy solutions used by developers, independent power producers, utilities, and commercial customers. Its product lineup includes advanced thin-film modules built to convert sunlight into electricity with an emphasis on efficiency and responsible production. The company also supports customers with related services such as project development assistance, operations support, and end-of-life panel recycling. Headquartered in Tempe, Arizona, First Solar Inc. plays a significant role in the global renewable energy market as a major supplier of large-format solar technology and a provider of solutions for large-scale solar installations.

CEO Mr. Mark R. Widmar · 7,900 employees · United States · https://www.firstsolar.com