FY2025 EPS Estimates for Canadian Solar Increased by Analyst

Canadian Solar Inc. (NASDAQ:CSIQ) – Equities research analysts at Zacks Research increased their FY2025 earnings per share (EPS) estimates for Canadian Solar in a research report issued to clients and investors on Wednesday, November 20th. Zacks Research analyst R. Department now forecasts that the solar energy provider will earn $0.94 per share for the year, up from their prior forecast of $0.84. 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 Q4 2025 earnings at $0.86 EPS, Q1 2026 earnings at $0.12 EPS, Q2 2026 earnings at $0.09 EPS, Q3 2026 earnings at $1.08 EPS and FY2026 earnings at $2.28 EPS.

Other research analysts have also recently issued research reports about the stock. Glj Research boosted their price target on shares of Canadian Solar from $9.10 to $12.28 and gave the company a “sell” rating in a research report on Tuesday, July 30th. Citigroup downgraded shares of Canadian Solar from a “neutral” rating to a “sell” rating and cut their price target for the stock from $19.00 to $11.00 in a report on Tuesday, October 22nd. The Goldman Sachs Group decreased their price objective on Canadian Solar from $18.00 to $16.00 and set a “neutral” rating on the stock in a report on Monday, August 26th. Oppenheimer cut their target price on Canadian Solar from $43.00 to $27.00 and set an “outperform” rating for the company in a research note on Friday, August 23rd. Finally, StockNews.com lowered Canadian Solar from a “hold” rating to a “sell” rating in a research note on Wednesday, July 31st. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Canadian Solar currently has an average rating of “Hold” and a consensus target price of $19.94.

Canadian Solar Stock Performance

NASDAQ CSIQ opened at $13.07 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.82 and a current ratio of 1.04. The stock’s fifty day moving average is $13.73 and its two-hundred day moving average is $14.94. The firm has a market capitalization of $864.71 million, a P/E ratio of 25.63, a price-to-earnings-growth ratio of 3.89 and a beta of 1.34. Canadian Solar has a fifty-two week low of $10.91 and a fifty-two week high of $26.85.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Mackenzie Financial Corp grew its stake in shares of Canadian Solar by 25.4% in the second quarter. Mackenzie Financial Corp now owns 5,115,665 shares of the solar energy provider’s stock worth $75,456,000 after acquiring an additional 1,037,800 shares in the last quarter. D. Scott Neal Inc. acquired a new stake in Canadian Solar in the 2nd quarter valued at about $3,898,000. Foundry Partners LLC purchased a new position in shares of Canadian Solar in the 2nd quarter valued at about $3,667,000. Private Advisor Group LLC acquired a new position in shares of Canadian Solar during the third quarter worth about $219,000. Finally, Virtu Financial LLC acquired a new stake in Canadian Solar in the first quarter valued at approximately $336,000. Institutional investors and hedge funds own 52.36% of the company’s stock.

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.