First Solar Future Growth
Future criteria checks 5/6
First Solar is forecast to grow earnings and revenue by 29% and 16.4% per annum respectively. EPS is expected to grow by 28.4% per annum. Return on equity is forecast to be 24.8% in 3 years.
Key information
29.0%
Earnings growth rate
28.4%
EPS growth rate
| Semiconductor earnings growth | 24.0% |
| Revenue growth rate | 16.4% |
| Future return on equity | 24.8% |
| Analyst coverage | Good |
| Last updated | 17 Apr 2024 |
Recent future growth updates
Analysts Are Updating Their First Solar, Inc. (NASDAQ:FSLR) Estimates After Its Yearly Results
Feb 29
Recent updates
Getting In Cheap On First Solar, Inc. (NASDAQ:FSLR) Is Unlikely
Apr 17First Solar: Still My Top Risk-Adjusted Pick In Green Energy
Apr 11First Solar Remains A Viable Solar Investment, Despite The Silicon Headwinds
Apr 03Are Investors Undervaluing First Solar, Inc. (NASDAQ:FSLR) By 47%?
Apr 02We Think First Solar (NASDAQ:FSLR) Can Stay On Top Of Its Debt
Mar 18First Solar: An Attractive Risk-Premium Ratio
Mar 07First Solar: Misunderstood Solar Energy Leader Set To Soar In 2024
Feb 29Analysts Are Updating Their First Solar, Inc. (NASDAQ:FSLR) Estimates After Its Yearly Results
Feb 29Should You Think About Buying First Solar, Inc. (NASDAQ:FSLR) Now?
Feb 21First Solar: The Risk/Reward Looks Sunny
Feb 05First Solar (NASDAQ:FSLR) Is Experiencing Growth In Returns On Capital
Feb 04First Solar: The Inflation Reduction Act Is Critical For The Company
Jan 23First Solar, Inc.'s (NASDAQ:FSLR) Price In Tune With Earnings
Jan 04Should You Investigate First Solar, Inc. (NASDAQ:FSLR) At US$155?
Nov 17Is First Solar (NASDAQ:FSLR) Using Too Much Debt?
Nov 02Investors Could Be Concerned With First Solar's (NASDAQ:FSLR) Returns On Capital
Sep 26Is First Solar (NASDAQ:FSLR) Using Debt In A Risky Way?
Jul 14Are Investors Undervaluing First Solar, Inc. (NASDAQ:FSLR) By 47%?
May 05Does First Solar (NASDAQ:FSLR) Have A Healthy Balance Sheet?
Apr 15When Should You Buy First Solar, Inc. (NASDAQ:FSLR)?
Mar 28Is There An Opportunity With First Solar, Inc.'s (NASDAQ:FSLR) 43% Undervaluation?
Jan 30Is First Solar (NASDAQ:FSLR) Weighed On By Its Debt Load?
Nov 25First Solar: Mr. Market Overcompensates - Don't Be Trapped By The Rally
Oct 12First Solar: Stock Has Doubled, Best Point To Buy?
Oct 06First Solar: Prepare For A Solar Boom Like Never Before
Sep 08Does First Solar (NASDAQ:FSLR) Have A Healthy Balance Sheet?
Aug 22First Solar Stock To Be A Big Winner As The Market Realizes The Impact Of The Inflation Reduction Act
Aug 08First Solar: Climate Bill Is A Game Changer
Aug 01At US$72.59, Is First Solar, Inc. (NASDAQ:FSLR) Worth Looking At Closely?
Jul 25First Solar to supply 93 MW of First Solar Modules to Solarvest for Malaysian projects
Jul 21Do Not Buy First Solar Yet
May 20These 4 Measures Indicate That First Solar (NASDAQ:FSLR) Is Using Debt Reasonably Well
Apr 28Is Now An Opportune Moment To Examine First Solar, Inc. (NASDAQ:FSLR)?
Apr 10Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 6,637 | 3,237 | 2,146 | 2,799 | 22 |
| 12/31/2025 | 5,615 | 2,313 | 1,206 | 2,188 | 32 |
| 12/31/2024 | 4,510 | 1,465 | -246 | 1,440 | 33 |
| 12/31/2023 | 3,319 | 831 | -785 | 602 | N/A |
| 9/30/2023 | 3,162 | 474 | -530 | 836 | N/A |
| 6/30/2023 | 2,990 | 156 | -504 | 800 | N/A |
| 3/31/2023 | 2,801 | 42 | -142 | 978 | N/A |
| 12/31/2022 | 2,619 | -44 | -30 | 873 | N/A |
| 9/30/2022 | 2,524 | 95 | -659 | 113 | N/A |
| 6/30/2022 | 2,479 | 189 | -424 | 289 | N/A |
| 3/31/2022 | 2,487 | 216 | -227 | 378 | N/A |
| 12/31/2021 | 2,923 | 469 | -303 | 238 | N/A |
| 9/30/2021 | 2,625 | 453 | -45 | 389 | N/A |
| 6/30/2021 | 2,969 | 563 | -84 | 292 | N/A |
| 3/31/2021 | 2,983 | 517 | -132 | 263 | N/A |
| 12/31/2020 | 2,711 | 398 | -380 | 37 | N/A |
| 9/30/2020 | 3,501 | 223 | 147 | 632 | N/A |
| 6/30/2020 | 3,121 | 99 | -455 | 107 | N/A |
| 3/31/2020 | 3,063 | 43 | -659 | -27 | N/A |
| 12/31/2019 | 3,063 | -115 | -495 | 174 | N/A |
| 9/30/2019 | 2,355 | -3 | -1,433 | -793 | N/A |
| 6/30/2019 | 2,484 | 24 | -1,396 | -701 | N/A |
| 3/31/2019 | 2,209 | -6 | -1,296 | -585 | N/A |
| 12/31/2018 | 2,244 | 144 | -1,067 | -327 | N/A |
| 9/30/2018 | 1,892 | -340 | -517 | 293 | N/A |
| 6/30/2018 | 2,303 | -192 | 430 | 1,099 | N/A |
| 3/31/2018 | 2,617 | -92 | 223 | 802 | N/A |
| 12/31/2017 | 2,941 | -166 | 826 | 1,341 | N/A |
| 9/30/2017 | 2,933 | -484 | N/A | 1,175 | N/A |
| 6/30/2017 | 2,527 | -539 | N/A | 510 | N/A |
| 3/31/2017 | 2,920 | -603 | N/A | 616 | N/A |
| 12/31/2016 | 2,905 | -416 | N/A | 207 | N/A |
| 9/30/2016 | 3,516 | 499 | N/A | 27 | N/A |
| 6/30/2016 | 4,106 | 698 | N/A | 132 | N/A |
| 3/31/2016 | 3,986 | 803 | N/A | 184 | N/A |
| 12/31/2015 | 4,113 | 593 | N/A | -325 | N/A |
| 9/30/2015 | 3,645 | 576 | N/A | 514 | N/A |
| 6/30/2015 | 3,264 | 316 | N/A | 446 | N/A |
| 3/31/2015 | 2,910 | 223 | N/A | 575 | N/A |
| 12/31/2014 | 3,391 | 396 | N/A | 736 | N/A |
| 9/30/2014 | 3,152 | 268 | N/A | -55 | N/A |
| 6/30/2014 | 3,527 | 373 | N/A | 368 | N/A |
| 3/31/2014 | 3,504 | 406 | N/A | 471 | N/A |
| 12/31/2013 | 3,310 | 351 | N/A | 856 | N/A |
| 9/30/2013 | 3,616 | 442 | N/A | 991 | N/A |
| 6/30/2013 | 3,189 | 335 | N/A | 639 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FSLR's forecast earnings growth (29% per year) is above the savings rate (2.3%).
Earnings vs Market: FSLR's earnings (29% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: FSLR's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FSLR's revenue (16.4% per year) is forecast to grow faster than the US market (8.1% per year).
High Growth Revenue: FSLR's revenue (16.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FSLR's Return on Equity is forecast to be high in 3 years time (24.8%)