Q3 EPS Estimates for Canadian Solar Cut by Zacks Research

Canadian Solar Inc. (NASDAQ:CSIQ) – Stock analysts at Zacks Research decreased their Q3 2025 earnings estimates for Canadian Solar in a research report issued to clients and investors on Tuesday, January 7th. Zacks Research analyst R. Department now anticipates that the solar energy provider will post earnings per share of $0.17 for the quarter, down from their previous estimate of $0.18. The consensus estimate for Canadian Solar’s current full-year earnings is $0.06 per share. Zacks Research also issued estimates for Canadian Solar’s FY2025 earnings at $0.12 EPS and Q4 2026 earnings at $0.40 EPS.

Canadian Solar (NASDAQ:CSIQ) last issued its quarterly earnings results on Thursday, December 5th. The solar energy provider reported ($0.31) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.44) by $0.13. Canadian Solar had a net margin of 0.01% and a return on equity of 0.02%. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the previous year, the company earned $0.32 EPS. The company’s revenue for the quarter was down 18.4% on a year-over-year basis.

A number of other equities research analysts have also recently commented on the stock. Mizuho began coverage on shares of Canadian Solar in a report on Friday, December 13th. They issued an “outperform” rating and a $20.00 price target for the company. Jefferies Financial Group initiated coverage on shares of Canadian Solar in a research note on Friday, November 22nd. They issued a “buy” rating and a $14.15 target price for the company. The Goldman Sachs Group lowered Canadian Solar from a “neutral” rating to a “sell” rating and decreased their target price for the company from $14.00 to $11.00 in a research report on Tuesday, December 17th. Wells Fargo & Company lowered their price target on shares of Canadian Solar from $13.00 to $10.00 and set an “equal weight” rating on the stock in a report on Wednesday. Finally, StockNews.com raised shares of Canadian Solar from a “sell” rating to a “hold” rating in a report on Tuesday. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Canadian Solar presently has a consensus rating of “Hold” and an average target price of $18.31.

Canadian Solar Trading Down 4.1 %

NASDAQ CSIQ opened at $12.74 on Thursday. The stock has a market capitalization of $842.87 million, a P/E ratio of -106.17, a P/E/G ratio of 8.89 and a beta of 1.27. Canadian Solar has a one year low of $10.60 and a one year high of $25.43. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.06 and a quick ratio of 0.85. The business has a 50 day simple moving average of $12.27 and a 200 day simple moving average of $13.73.

Hedge Funds Weigh In On Canadian Solar

Several hedge funds and other institutional investors have recently modified their holdings of the company. Quarry LP purchased a new position in shares of Canadian Solar during the second quarter valued at about $31,000. Daiwa Securities Group Inc. lifted its position in Canadian Solar by 20.3% in the 3rd 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. Private Advisor Group LLC purchased a new stake in shares of Canadian Solar during the third quarter valued at $219,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Canadian Solar by 43.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 15,733 shares of the solar energy provider’s stock worth $232,000 after acquiring an additional 4,739 shares during the period. Finally, American Century Companies Inc. raised its stake in Canadian Solar by 8.0% during the 2nd quarter. American Century Companies Inc. now owns 18,716 shares of the solar energy provider’s stock valued at $276,000 after buying an additional 1,383 shares during the last quarter. 52.36% of the stock is 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.