Canadian Solar (CSIQ) Expected to Announce Quarterly Earnings on Thursday

Canadian Solar (NASDAQ:CSIQ) will likely be releasing its Q1 2026 results before the market opens on Thursday, May 14th. Analysts expect Canadian Solar to post earnings of ($1.08) per share and revenue of $950.4290 million for the quarter. Interested persons may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, May 14, 2026 at 8:00 AM ET.

Canadian Solar (NASDAQ:CSIQ) last announced its earnings results on Saturday, February 14th. The solar energy provider reported ($1.66) EPS for the quarter. Canadian Solar had a negative return on equity of 4.95% and a negative net margin of 1.86%.The business had revenue of $1.22 billion for the quarter. On average, analysts expect Canadian Solar to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Canadian Solar Stock Up 0.5%

Shares of CSIQ opened at $16.88 on Thursday. Canadian Solar has a 12 month low of $8.84 and a 12 month high of $34.59. The firm’s 50 day moving average is $15.15 and its 200-day moving average is $19.87. The stock has a market capitalization of $1.14 billion, a PE ratio of -6.75 and a beta of 1.44. The company has a current ratio of 1.02, a quick ratio of 0.83 and a debt-to-equity ratio of 0.97.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CSIQ. Oppenheimer lowered their target price on shares of Canadian Solar from $38.00 to $19.00 and set an “outperform” rating on the stock in a report on Friday, March 20th. Mizuho lowered their target price on shares of Canadian Solar from $19.00 to $15.00 and set a “neutral” rating on the stock in a report on Monday, March 23rd. Roth Mkm lowered their target price on shares of Canadian Solar from $30.00 to $15.00 and set a “neutral” rating on the stock in a report on Monday, March 23rd. Wells Fargo & Company reduced their price target on shares of Canadian Solar from $23.00 to $17.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. Finally, Wall Street Zen lowered shares of Canadian Solar from a “hold” rating to a “strong sell” rating in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $18.36.

Institutional Trading of Canadian Solar

A number of hedge funds have recently added to or reduced their stakes in CSIQ. Two Sigma Investments LP acquired a new stake in Canadian Solar in the third quarter valued at approximately $11,544,000. JPMorgan Chase & Co. lifted its holdings in shares of Canadian Solar by 206.6% during the third quarter. JPMorgan Chase & Co. now owns 571,893 shares of the solar energy provider’s stock worth $7,457,000 after purchasing an additional 385,355 shares during the period. Deutsche Bank AG acquired a new position in shares of Canadian Solar during the fourth quarter worth $9,003,000. Invesco Ltd. lifted its holdings in shares of Canadian Solar by 19.3% during the third quarter. Invesco Ltd. now owns 2,200,622 shares of the solar energy provider’s stock worth $28,696,000 after purchasing an additional 356,625 shares during the period. Finally, Voloridge Investment Management LLC acquired a new position in shares of Canadian Solar during the fourth quarter worth $6,013,000. Institutional investors and hedge funds own 52.36% of the company’s stock.

About Canadian Solar

Canadian Solar Inc (NASDAQ: CSIQ) is a global renewable energy company that specializes in the design, development and manufacturing of solar photovoltaic (PV) modules and system solutions. Founded in 2001 and headquartered in Guelph, Ontario, the company has grown to become one of the world’s largest solar module suppliers. Canadian Solar offers a comprehensive portfolio of products, including mono- and multi-crystalline solar cells and modules, as well as advanced energy storage and system integration solutions tailored for residential, commercial and utility-scale applications.

In addition to manufacturing solar components, Canadian Solar provides end-to-end services encompassing project development, engineering, procurement and construction (EPC), as well as operations and maintenance.