Key Highlights:
- First Solar is strategically positioned to benefit from U.S. tariffs on imported solar panels, potentially boosting earnings.
- The company's stock shows a promising average target price of $228.47, suggesting significant upside potential.
- According to GuruFocus' proprietary GF Value estimate, the stock could nearly double in value within one year.
First Solar (FSLR, Financial) is poised to capitalize on the current U.S. tariffs impacting imported solar panels. Despite the looming risks from tariffs on nations like India and South Korea, First Solar's robust manufacturing capacity in the U.S. is anticipated to drive a notable increase in earnings. This growth is mainly attributed to rising module prices and diminished competition in the market.
Wall Street Analysts Forecast
A comprehensive analysis from 32 Wall Street analysts suggests an average target price for First Solar Inc (FSLR, Financial) at $228.47. This projection spans a high estimate of $304.00 and a low of $145.00, indicating a substantial upside of 61.05% from its current trading price of $141.86. Investors seeking more detailed projections can access additional data on the First Solar Inc (FSLR) Forecast page.
The market's optimism is further underscored by the consensus recommendation from 38 brokerage firms, rating First Solar Inc (FSLR, Financial) with an average brokerage recommendation of 1.9. This figure falls under the "Outperform" category on the rating scale, where 1 suggests a Strong Buy and 5 indicates a Sell.
Additionally, GuruFocus' GF Value—a proprietary metric that estimates a stock's fair trading value—forecasts First Solar Inc (FSLR, Financial) to reach $312.48 in one year. This projection suggests a remarkable potential upside of 120.27% from the present price of $141.86. The GF Value calculation considers historical trading multiples, past business growth, and future performance projections. For a more comprehensive understanding, interested investors can visit the First Solar Inc (FSLR) Summary page.