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First Solar (FSLR) Could Be 34% Below Fair Value As Earnings Near

By Wealth Awesome -

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Stocks & ETFs:FSLR.US

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First Solar is facing scrutiny as analysts suggest its stock may be undervalued ahead of earnings.

First Solar Inc (FSLR) has caught the attention of analysts, who believe the stock could be about 34% below its fair value as earnings approach. The company's last closing price was US$178.84, significantly lower than the average analyst target of US$275.87. Year-to-date, First Solar has experienced a decline of 35.79%, reflecting broader market challenges.

Investor takeaway: Investors should keep an eye on First Solar's performance as earnings approach and consider analyst views on its valuation.

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First Solar Inc

FSLR.US

Full stock page →

FSLR.US

First Solar Inc

Source:WealthAwesomeWealthAwesome
↓ $19.04 (-9.75%)
120 day period
$172.11$245.18$318.25Apr 15Jul 13Oct 5

Market cap

$18.77B

P/E

10.8x

52W high

$320.95

52W low

$168.60

1W change

+1.84%

Beta

1.73

Analyst Price Targets

Based on 36 analysts covering FSLR · as of Oct 5, 2026

📈

Wall Street analysts forecast FSLR stock price to rise 56.6% over the next 12 months.

Consensus

Buy

4.14 / 5.00

Avg. Target

C$275.87

+56.6% Upside

Current Price

C$176.16

Last close

Analyst Breakdown (36 analysts)

Strong Buy 16
Buy 10
Hold 9
Sell 1
Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on FSLR's historical volatility

HistoricalForecast68%95%
C$76.80C$127.00C$177.20C$227.40C$277.60C$327.80TodayMay 28Aug 3Oct 5Nov 17Dec 31Feb 12

30-Day Vol

52.0%

Annualized

90-Day Vol

53.9%

Annualized

Trend (90d)

-50.0%

Annualized drift

90d Mean

C$147.35

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$165.98C$138.73 – C$198.58
60 trading daysC$156.39C$121.36 – C$201.53
90 trading daysC$147.35C$108.01 – C$201.02

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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First Solar's Stock is Down 35.79% Year-to-Date

Despite a slight gain of 0.89% in the last trading session, First Solar's stock is down 35.79% year-to-date, mirroring broader market difficulties.

Bull case

Analysts believe that First Solar's stock could see a significant rise if earnings meet expectations, given the average target price.

Bear case

The current trading price is well below both the 50-day and 200-day moving averages, suggesting potential ongoing pressure on the stock.

Analysts Suggest First Solar Could be Undervalued

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Analysts indicate that First Solar's stock may be undervalued by about 34% as the company nears its earnings release. This assessment is based on the stock's recent closing price of US$178.84, which is considerably lower than the average analyst target of US$275.87. The stock is also trading below its 50-day moving average of US$207.51 and its 200-day moving average of US$224.23, highlighting a potential disconnect between current trading levels and longer-term expectations.

Stock Performance and Trading Volume Insights

In the last trading session, First Solar's stock rose by 0.89%. However, the year-to-date performance shows a decline of 35.79%. The latest trading volume was 395,717 shares, which is only 0.62 times the 20-day average volume of 2,501,770 shares, indicating lower trading activity. Additionally, the stock is currently within a 52-week range of US$168.60 to US$320.95, suggesting it is trading at the lower end of this range, which could signal investor caution.

What to Watch Ahead of Earnings

As First Solar prepares for its upcoming earnings report, investors should watch whether the company can meet or exceed analyst expectations regarding profit margins and operational performance. The company's current P/E ratio stands at 10.77, which is relatively low compared to industry standards. Keeping an eye on broader market trends and any developments regarding First Solar's operational challenges, such as inventory levels and tariffs, may provide further insights into its future performance.

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Wealth Awesome
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Wealth Awesome

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This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: October 6, 2026
Last Updated: October 6, 2026

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