15 Stocks That Will Go to The Moon According to Analysts

4. First Solar, Inc. (NASDAQ:FSLR)

Average Upside Potential: 75.63%

Number of Hedge Fund Holders: 65

First Solar, Inc. (NASDAQ:FSLR) is a global provider of responsibly produced eco-efficient solar modules. The American solar technology company was founded in 1999.

While being the only US-headquartered firm and not manufacturing in China, First Solar has a unique position among the ten largest solar manufacturers globally. The company’s advanced thin-film photovoltaic modules set industry benchmarks for quality, design, durability, reliability,  and sustainability while having the Western Hemisphere’s largest solar manufacturing footprint in Ohio. The company expects to have a global annual nameplate manufacturing capacity of more than 21 gigawatts by 2026.

First Solar, Inc. (NASDAQ:FSLR) was raised to Buy at Mizuho based on a materially improved sales outlook post-2026, with a price target of $259, up from $218. The firm sees a ‘better moat’ for First Solar based on its tunnel oxide passivated contact technology compared to its rivals, which use inefficient and old passivated emitter and rear cells in the US market.