First Solar Future Growth
Future criteria checks 5/6
First Solar is forecast to grow earnings and revenue by 28.2% and 18.1% per annum respectively. EPS is expected to grow by 27.6% per annum. Return on equity is forecast to be 22% in 3 years.
Key information
28.2%
Earnings growth rate
27.6%
EPS growth rate
| Semiconductor earnings growth | 28.1% |
| Revenue growth rate | 18.1% |
| Future return on equity | 22.0% |
| Analyst coverage | Good |
| Last updated | 15 Nov 2024 |
Recent future growth updates
Analysts Are Updating Their First Solar, Inc. (NASDAQ:FSLR) Estimates After Its Yearly Results
Feb 29
Recent updates
First Solar: Dominant Market Position
Nov 19Here's Why We Think First Solar (NASDAQ:FSLR) Might Deserve Your Attention Today
Nov 18The Return Trends At First Solar (NASDAQ:FSLR) Look Promising
Nov 05First Solar Q3: Set Your Sights On 2025 And 2026
Nov 04First Solar Q3 Preview: Robust Growth And Strategic Expansions
Oct 26When Should You Buy First Solar, Inc. (NASDAQ:FSLR)?
Oct 24First Solar: Expected To Thrive Regardless Of The 2024 Election Results (Reiterate Buy)
Oct 07Pinning Down First Solar, Inc.'s (NASDAQ:FSLR) P/S Is Difficult Right Now
Sep 24Growing Revenue, Improving Margins Combine For A Boom Time For First Solar
Sep 16First Solar: Growth Outlook Continues To Shine
Sep 05Is First Solar (NASDAQ:FSLR) A Risky Investment?
Aug 21Bayesian Bets: First Solar And The Market's Mispricing Of Political Risk
Aug 12First Solar: Strong Buy Amid Pullback And Q2 Outperformance (Rating Upgrade)
Aug 06When Should You Buy First Solar, Inc. (NASDAQ:FSLR)?
Jul 21First Solar: Potential Reward Outweighs Risks
Jul 15First Solar (NASDAQ:FSLR) Might Have The Makings Of A Multi-Bagger
Jun 26First Solar: Subsidies Require Discounted Valuation
Jun 19Subdued Growth No Barrier To First Solar, Inc. (NASDAQ:FSLR) With Shares Advancing 56%
Jun 14First Solar: Major Winner In AI Boom
May 30Here's Why We Think First Solar (NASDAQ:FSLR) Is Well Worth Watching
May 22First Solar: Targets Confirmed, Updated U.S. Regulation Creates An Additional Momentum
May 21First Solar: The Market Finally Realized Its Pessimistic Folly
May 14First Solar's (NASDAQ:FSLR) Earnings Are Weaker Than They Seem
May 08Getting 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 25Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 6,690 | 3,091 | 1,537 | 2,802 | 32 |
| 12/31/2025 | 5,564 | 2,229 | 995 | 2,112 | 39 |
| 12/31/2024 | 4,272 | 1,422 | -964 | 799 | 39 |
| 9/30/2024 | 3,851 | 1,248 | -591 | 968 | N/A |
| 6/30/2024 | 3,764 | 1,204 | -224 | 1,187 | N/A |
| 3/31/2024 | 3,564 | 1,025 | -525 | 905 | N/A |
| 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 | N/A | 1,099 | N/A |
| 3/31/2018 | 2,617 | -92 | N/A | 802 | N/A |
| 12/31/2017 | 2,941 | -166 | N/A | 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 |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FSLR's forecast earnings growth (28.2% per year) is above the savings rate (2.6%).
Earnings vs Market: FSLR's earnings (28.2% per year) are forecast to grow faster than the US market (15.4% per year).
High Growth Earnings: FSLR's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FSLR's revenue (18.1% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: FSLR's revenue (18.1% 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 (22%)