Analysts Set Canadian Solar Inc. (NASDAQ:CSIQ) Price Target at $19.36

Canadian Solar Inc. (NASDAQ:CSIQ) has earned a consensus rating of “Reduce” from the fourteen ratings firms that are covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $18.1109.

Several equities research analysts recently commented on the stock. Citigroup restated a “neutral” rating on shares of Canadian Solar in a research report on Thursday. Glj Research reiterated a “sell” rating and set a $5.58 price objective on shares of Canadian Solar in a research report on Thursday. Mizuho boosted their target price on shares of Canadian Solar from $15.00 to $18.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. Wall Street Zen upgraded Canadian Solar from a “strong sell” rating to a “sell” rating in a report on Saturday, May 23rd. Finally, Freedom Capital cut Canadian Solar from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 19th.

Institutional Investors Weigh In On Canadian Solar

A number of institutional investors have recently bought and sold shares of CSIQ. Global Retirement Partners LLC purchased a new position in Canadian Solar during the 2nd quarter valued at about $96,000. Jones Financial Companies Lllp acquired a new position in shares of Canadian Solar in the 2nd quarter valued at about $100,000. Danske Bank A S purchased a new stake in shares of Canadian Solar in the second quarter worth approximately $100,000. EFG International AG purchased a new stake in shares of Canadian Solar in the second quarter worth approximately $161,000. Finally, Kelleher Financial Advisors acquired a new stake in shares of Canadian Solar during the second quarter worth approximately $186,000. 52.36% of the stock is currently owned by institutional investors and hedge funds.

Canadian Solar Price Performance

CSIQ stock opened at $13.98 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.81 and a debt-to-equity ratio of 0.99. Canadian Solar has a one year low of $9.41 and a one year high of $34.59. The firm has a market capitalization of $949.24 million, a PE ratio of -5.55 and a beta of 1.52. The firm has a 50-day moving average of $15.01 and a two-hundred day moving average of $16.11.

Canadian Solar (NASDAQ:CSIQ) last announced its earnings results on Thursday, August 27th. The solar energy provider reported ($1.40) EPS for the quarter, missing the consensus estimate of ($0.18) by ($1.22). The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.17 billion. Canadian Solar had a negative return on equity of 4.20% and a negative net margin of 1.87%.The business’s quarterly revenue was down 28.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.53) earnings per share. On average, analysts forecast that Canadian Solar will post -1.81 earnings per share for the current year.

Canadian Solar News Roundup

Here are the key news stories impacting Canadian Solar this week:

• Positive Sentiment: Energy-storage shipments reached 3.7 GWh, above the company’s 2.8–3.2 GWh guidance range and up 73% year over year, highlighting continued growth in a higher-potential business. Canadian Solar Reports Second Quarter 2026 Results
• Positive Sentiment: Second-quarter revenue of $1.21 billion topped the roughly $1.17 billion consensus estimate, providing some support for the stock despite the earnings shortfall. Canadian Solar Beats on Revenue, But Investors Face Softer Q3 Setup
• Neutral Sentiment: Short interest increased ahead of the earnings release, potentially contributing to elevated volatility as investors reassess the company’s outlook. CSIQ Stock Rises Premarket
• Neutral Sentiment: One bullish pre-earnings analysis argued that Canadian Solar could eventually reach $19 per share, but that view is outweighed in the near term by the company’s weaker results and guidance. Why the Stock Could Climb to $19
• Negative Sentiment: Canadian Solar reported a $1.40-per-share loss, substantially worse than expectations and wider than the $0.53 loss recorded a year earlier. Revenue also fell 28.7% year over year, while lower solar-module sales pressured results. Canadian Solar Sinks After Q2 Loss
• Negative Sentiment: Third-quarter revenue guidance of $1.3 billion–$1.5 billion was below the approximately $1.7 billion analyst consensus, signaling a softer near-term setup. Management also warned that ramping U.S. manufacturing capacity would create additional profit pressure. Canadian Solar CEO Warns of Profit Pressure
• Negative Sentiment: GLJ Research reaffirmed a “sell” rating and set a $5.58 price target, adding to bearish sentiment around CSIQ. GLJ Research Rating

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.