Canadian Solar FY2025 EPS Estimate Lifted by Zacks Research

Canadian Solar Inc. (NASDAQ:CSIQ) – Zacks Research increased their FY2025 earnings estimates for shares of Canadian Solar in a report released on Wednesday, November 20th. Zacks Research analyst R. Department now expects that the solar energy provider will post earnings of $0.94 per share for the year, up from their previous estimate 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.

Several other brokerages have also recently weighed in on CSIQ. Citigroup cut shares of Canadian Solar from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $19.00 to $11.00 in a research note on Tuesday, October 22nd. StockNews.com cut shares of Canadian Solar from a “hold” rating to a “sell” rating in a research note on Wednesday, July 31st. Roth Mkm dropped their target price on shares of Canadian Solar from $25.00 to $20.00 and set a “buy” rating for the company in a research report on Monday, August 26th. The Goldman Sachs Group dropped their target price on shares of Canadian Solar from $18.00 to $16.00 and set a “neutral” rating for the company in a research report on Monday, August 26th. Finally, Oppenheimer dropped their target price on shares of Canadian Solar from $43.00 to $27.00 and set an “outperform” rating for the company in a research report on Friday, August 23rd. 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 data from MarketBeat, Canadian Solar has an average rating of “Hold” and a consensus target price of $19.94.

Canadian Solar Price Performance

Shares of Canadian Solar stock opened at $12.43 on Monday. Canadian Solar has a twelve month low of $10.91 and a twelve month high of $26.85. The company has a quick ratio of 0.82, a current ratio of 1.04 and a debt-to-equity ratio of 0.53. The company has a 50-day simple moving average of $13.73 and a two-hundred day simple moving average of $14.94. The stock has a market capitalization of $822.37 million, a price-to-earnings ratio of 24.37, a price-to-earnings-growth ratio of 3.89 and a beta of 1.34.

Institutional Investors Weigh In On Canadian Solar

A number of institutional investors have recently added to or reduced their stakes in CSIQ. Bayesian Capital Management LP acquired a new position in Canadian Solar during the first quarter worth $575,000. Virtu Financial LLC acquired a new position in Canadian Solar during the first quarter worth $336,000. DNB Asset Management AS raised its holdings in Canadian Solar by 31.4% during the second quarter. DNB Asset Management AS now owns 886,963 shares of the solar energy provider’s stock worth $13,083,000 after buying an additional 211,820 shares during the last quarter. SG Americas Securities LLC raised its holdings in Canadian Solar by 337.9% during the second quarter. SG Americas Securities LLC now owns 32,809 shares of the solar energy provider’s stock worth $484,000 after buying an additional 25,317 shares during the last quarter. Finally, D. Scott Neal Inc. purchased a new stake in shares of Canadian Solar in the second quarter valued at about $3,898,000. 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.