Barclays has revised its price target for First Solar (FSLR, Financial), decreasing it from $236 to $204, while maintaining an Overweight rating on the stock. This adjustment comes as the firm prepares for its Q1 earnings preview.
The decision is influenced by potential impacts from "Liberation Day" tariffs, which could temporarily affect First Solar's profit margins. Although there is currently a 90-day pause on these tariffs, it might lead to an increased pace of deliveries moving into the second quarter. However, there is also the possibility of project delays later in the year, particularly for those projects lacking secured economic terms.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 32 analysts, the average target price for First Solar Inc (FSLR, Financial) is $236.12 with a high estimate of $304.00 and a low estimate of $145.00. The average target implies an upside of 93.19% from the current price of $122.22. More detailed estimate data can be found on the First Solar Inc (FSLR) Forecast page.
Based on the consensus recommendation from 38 brokerage firms, First Solar Inc's (FSLR, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for First Solar Inc (FSLR, Financial) in one year is $313.45, suggesting a upside of 156.46% from the current price of $122.22. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the First Solar Inc (FSLR) Summary page.
