Zacks Research Reduces Earnings Estimates for Canadian Solar

Canadian Solar Inc. (NASDAQ:CSIQ) – Equities research analysts at Zacks Research lowered their Q3 2025 earnings estimates for shares of Canadian Solar in a report issued on Tuesday, November 26th. Zacks Research analyst R. Department now anticipates that the solar energy provider will earn $0.45 per share for the quarter, down from their previous estimate of $0.46. The consensus estimate for Canadian Solar’s current full-year earnings is $0.12 per share. Zacks Research also issued estimates for Canadian Solar’s Q2 2026 earnings at $0.10 EPS.

Other research analysts also recently issued research reports about the stock. Roth Mkm dropped their price objective on shares of Canadian Solar from $25.00 to $20.00 and set a “buy” rating for the company in a report on Monday, August 26th. Citigroup cut shares of Canadian Solar from a “neutral” rating to a “sell” rating and decreased their target price for the company from $19.00 to $11.00 in a research report on Tuesday, October 22nd. The Goldman Sachs Group decreased their target price on shares of Canadian Solar from $18.00 to $16.00 and set a “neutral” rating on the stock in a research report on Monday, August 26th. Oppenheimer decreased their target price on shares of Canadian Solar from $43.00 to $27.00 and set an “outperform” rating on the stock in a research report on Friday, August 23rd. Finally, Jefferies Financial Group began coverage on shares of Canadian Solar in a research report on Friday, November 22nd. They set a “buy” rating and a $14.15 target price on the stock. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Canadian Solar has a consensus rating of “Hold” and an average target price of $19.94.

Canadian Solar Stock Up 2.7 %

CSIQ opened at $12.76 on Thursday. The firm has a 50-day simple moving average of $13.66 and a two-hundred day simple moving average of $14.90. Canadian Solar has a 52 week low of $10.91 and a 52 week high of $26.85. The company has a market capitalization of $844.19 million, a PE ratio of 25.02, a price-to-earnings-growth ratio of 4.27 and a beta of 1.34. The company has a quick ratio of 0.82, a current ratio of 1.04 and a debt-to-equity ratio of 0.53.

Hedge Funds Weigh In On Canadian Solar

A number of hedge funds and other institutional investors have recently modified their holdings of CSIQ. American Century Companies Inc. boosted its stake in Canadian Solar by 8.0% in the second quarter. American Century Companies Inc. now owns 18,716 shares of the solar energy provider’s stock valued at $276,000 after acquiring an additional 1,383 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in Canadian Solar by 20.3% in the third quarter. Daiwa Securities Group Inc. now owns 8,900 shares of the solar energy provider’s stock valued at $149,000 after acquiring an additional 1,500 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Canadian Solar by 1.4% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 110,188 shares of the solar energy provider’s stock valued at $1,847,000 after acquiring an additional 1,522 shares in the last quarter. Quarry LP acquired a new stake in Canadian Solar in the second quarter valued at approximately $31,000. Finally, Green Alpha Advisors LLC boosted its stake in Canadian Solar by 8.8% in the third quarter. Green Alpha Advisors LLC now owns 40,390 shares of the solar energy provider’s stock valued at $677,000 after acquiring an additional 3,282 shares in the last quarter. 52.36% of the stock is currently owned by institutional investors.

Canadian Solar Company Profile

Canadian Solar Inc, together with its subsidiaries, provides solar energy and battery energy storage products and solutions in in Asia, the Americas, Europe, and internationally. The company operates through two segments, CSI Solar and Recurrent Energy. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products.