UBS has revised its outlook on First Solar (FSLR, Financial), lowering the price target from $285 to $240 while maintaining a Buy rating. This adjustment comes in the wake of the Trump administration's recent announcement of reciprocal tariffs on April 2, coupled with a subsequent 90-day delay. These developments have intensified the uncertainty surrounding the Clean Energy sector, which is already facing challenges.
The analyst highlights the impact of these policy changes, noting that the sector may experience ongoing fund withdrawals until there is more clarity on federal renewable tax policies. This uncertainty presents a challenge for investors looking to the Clean Energy sector, which remains under pressure.
The revised price target by UBS reflects the complexities and potential volatility in the market, emphasizing the need for clearer guidance on future tax policies to stabilize investor sentiment within the sector.
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 87.50% from the current price of $125.93. 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 $313.21, suggesting a upside of 148.72% from the current price of $125.93. 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.
