Goldman Sachs raised the First Solar price target to $310. This update increases the previous target from $300. The new figure implies a potential upside of approximately 46%.
Analysts adjusted the target following the company's April 30 earnings report. This release detailed performance for the first quarter of 2026. First Solar generated record quarterly revenue of $1.04 billion.
The manufacturer reported earnings of $3.22 per share. These results surpassed consensus estimates. Management also reaffirmed its full-year 2026 guidance to signal continued sales momentum.