Fintel reports that on May 5, 2026, Freedom Broker upgraded their outlook for First Solar (NasdaqGS:FSLR) from Hold to Buy.
Analyst Price Forecast Suggests 12.55% Upside
As of April 28, 2026, the average one-year price target for First Solar is $246.84/share. The forecasts range from a low of $151.50 to a high of $328.65. The average price target represents an increase of 12.55% from its latest reported closing price of $219.31 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for First Solar is 6,212MM, an increase of 14.63%. The projected annual non-GAAP EPS is 63.08.
What is the Fund Sentiment?
There are 1,044 funds or institutions reporting positions in First Solar. This is an decrease of 548 owner(s) or 34.42% in the last quarter. Average portfolio weight of all funds dedicated to FSLR is 0.27%, an increase of 15.57%. Total shares owned by institutions decreased in the last three months by 10.82% to 101,765K shares. 
The put/call ratio of FSLR is 0.64, indicating a bullish outlook.
What are Other Shareholders Doing?
Geode Capital Management holds 2,920K shares representing 2.72% ownership of the company. In its prior filing, the firm reported owning 2,896K shares , representing an increase of 0.83%. The firm decreased its portfolio allocation in FSLR by 38.38% over the last quarter.
Amundi holds 2,215K shares representing 2.06% ownership of the company. In its prior filing, the firm reported owning 2,026K shares , representing an increase of 8.56%. The firm increased its portfolio allocation in FSLR by 6.40% over the last quarter.
Hill City Capital holds 2,090K shares representing 1.95% ownership of the company. In its prior filing, the firm reported owning 2,090K shares , representing an increase of 0.02%. The firm increased its portfolio allocation in FSLR by 5.76% over the last quarter.
Invesco holds 1,945K shares representing 1.81% ownership of the company. In its prior filing, the firm reported owning 1,957K shares , representing a decrease of 0.63%. The firm decreased its portfolio allocation in FSLR by 85.71% over the last quarter.
BNP Paribas Asset Management Holding holds 1,854K shares representing 1.73% ownership of the company. In its prior filing, the firm reported owning 2,042K shares , representing a decrease of 10.15%. The firm decreased its portfolio allocation in FSLR by 52.38% over the last quarter.
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