
First Solar (FSLR) Stock Forecast & Price Target
First Solar (FSLR) Analyst Ratings
Bulls say
First Solar has demonstrated significant liquidity improvement, with cash and marketable securities rising to approximately $1.2 billion, bolstered by successful tax-credit monetization and additional sales agreements for 45X credits. The company anticipates rising revenues, with 2026 and 2027 projections now forecasted at around $6.3 billion and $7.2 billion, representing an increase of about 2% above current consensus estimates. Furthermore, First Solar's gross margins are expected to strengthen to 16.9% and 20.1% for 2025 and 2026, respectively, driven by favorable market dynamics in cadmium telluride pricing and robust demand for its technology.
Bears say
The analysis suggests a negative outlook for First Solar primarily due to expectations of a potential reduction in the company's 2025 guidance, driven by ongoing challenges related to module quality and performance. Furthermore, significant declines in c-Si prices are eroding average selling prices, which, coupled with the company's difficulties in keeping pace with technological advancements, could lead to reduced demand for its products. Lastly, potential policy risks and working capital challenges may further strain First Solar's financial stability if cost structures are not effectively managed amidst these headwinds.
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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