Research Analysts Issue Forecasts for Canadian Solar Inc.’s Q1 2026 Earnings (NASDAQ:CSIQ)

Canadian Solar Inc. (NASDAQ:CSIQ) – Analysts at Zacks Research cut their Q1 2026 earnings per share estimates for Canadian Solar in a research note issued on Tuesday, June 25th. Zacks Research analyst R. Department now expects that the solar energy provider will post earnings per share of $0.75 for the quarter, down from their prior estimate of $0.87. The consensus estimate for Canadian Solar’s current full-year earnings is $2.07 per share.

CSIQ has been the subject of a number of other research reports. Citigroup reduced their price target on Canadian Solar from $26.00 to $24.00 and set a “neutral” rating for the company in a research report on Friday, March 15th. Wells Fargo & Company lowered their price target on Canadian Solar from $28.00 to $23.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 19th. Roth Mkm restated a “buy” rating and set a $25.00 price target on shares of Canadian Solar in a research note on Wednesday, May 22nd. StockNews.com upgraded Canadian Solar from a “sell” rating to a “hold” rating in a research note on Thursday, April 11th. Finally, UBS Group lowered their price objective on Canadian Solar from $38.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, June 12th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $28.89.

Canadian Solar Price Performance

Shares of NASDAQ:CSIQ opened at $15.38 on Thursday. Canadian Solar has a fifty-two week low of $14.11 and a fifty-two week high of $39.61. The business has a 50-day moving average of $16.89 and a two-hundred day moving average of $19.89. The stock has a market capitalization of $1.02 billion, a P/E ratio of 5.34, a P/E/G ratio of 0.29 and a beta of 1.35. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.02 and a quick ratio of 0.79.

Canadian Solar (NASDAQ:CSIQ) last released its quarterly earnings data on Thursday, May 9th. The solar energy provider reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.20. Canadian Solar had a return on equity of 5.61% and a net margin of 2.80%. The firm had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.35 billion. During the same quarter last year, the firm earned $1.19 earnings per share. The business’s revenue for the quarter was down 21.1% on a year-over-year basis.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. USCF Advisers LLC lifted its stake in shares of Canadian Solar by 87.5% in the 4th quarter. USCF Advisers LLC now owns 1,500 shares of the solar energy provider’s stock valued at $39,000 after purchasing an additional 700 shares during the period. Daiwa Securities Group Inc. lifted its stake in shares of Canadian Solar by 72.1% in the 1st quarter. Daiwa Securities Group Inc. now owns 7,400 shares of the solar energy provider’s stock valued at $146,000 after purchasing an additional 3,100 shares during the period. Private Advisor Group LLC bought a new stake in shares of Canadian Solar in the 4th quarter valued at $201,000. DekaBank Deutsche Girozentrale increased its position in shares of Canadian Solar by 8.0% in the 4th quarter. DekaBank Deutsche Girozentrale now owns 12,481 shares of the solar energy provider’s stock valued at $326,000 after buying an additional 928 shares in the last quarter. Finally, Capstone Investment Advisors LLC bought a new stake in shares of Canadian Solar in the 4th quarter valued at $359,000. Institutional investors and hedge funds own 52.36% of the company’s stock.

About Canadian Solar

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.