Morgan Stanley has revised its price target for First Solar (FSLR, Financial), lowering the target from $238 to $223. Despite this adjustment, the firm maintains its Overweight rating on the stock. The decision reflects anticipated short-term challenges related to tariffs that may impact First Solar's earnings per share (EPS), leading to a 7% reduction in the EPS estimate.
First Solar and Shoals (SHLS) continue to be strong contenders within the domestic utility-scale solar sector. Morgan Stanley's assessment indicates that both companies are strategically positioned to lead in this market, despite the current headwinds facing First Solar.
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 $232.22 with a high estimate of $304.00 and a low estimate of $145.00. The average target implies an upside of 71.00% from the current price of $135.80. 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 $312.95, suggesting a upside of 130.46% from the current price of $135.795. 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.
