▼ -18.28% Downside Potential
This price target is based on 19 analysts offering 12 month price targets for First Solar in the last 3 months. The average price target is $87.17, with a high forecast of $135.00 and a low forecast of $51.00. The average price target represents a -18.28% upside from the last price of $106.67.
The current consensus among 19 polled investment analysts is to hold stock in First Solar. This Hold consensus rating has held steady for over two years.
First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United States and internationally. It operates in two segments, Modules and Systems. The Modules segment designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity to integrators and operators of PV solar power systems. The Systems segment provides power plant solutions, such as project development; engineering, procurement, and construction; and operating and maintenance services to utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.