Zacks Research Lowers Earnings Estimates for Canadian Solar

Canadian Solar Inc. (NASDAQ:CSIQ) – Research analysts at Zacks Research decreased their Q3 2025 earnings per share (EPS) estimates for Canadian Solar in a note issued to investors on Tuesday, November 26th. Zacks Research analyst R. Department now expects that the solar energy provider will earn $0.45 per share for the quarter, down from their prior 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.

A number of other research analysts have also recently commented on the stock. Citigroup cut 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 research note on Tuesday, October 22nd. The Goldman Sachs Group reduced their price target 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. StockNews.com lowered Canadian Solar from a “hold” rating to a “sell” rating in a research report on Wednesday, July 31st. Jefferies Financial Group started 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 on the stock. Finally, Oppenheimer reduced their price target on Canadian Solar from $43.00 to $27.00 and set an “outperform” rating on the stock 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 given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $19.94.

Canadian Solar Trading Up 2.7 %

Shares of Canadian Solar stock opened at $12.76 on Thursday. The company’s fifty day moving average price is $13.70 and its two-hundred day moving average price is $14.91. The firm has a market capitalization of $844.20 million, a PE ratio of 25.02, a price-to-earnings-growth ratio of 4.27 and a beta of 1.34. Canadian Solar has a 52-week low of $10.91 and a 52-week high of $26.85. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.04 and a quick ratio of 0.82.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CSIQ. Quarry LP acquired a new position in shares of Canadian Solar during the second quarter worth about $31,000. Daiwa Securities Group Inc. grew its stake in shares of 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 buying an additional 1,500 shares in the last quarter. Private Advisor Group LLC acquired a new position in shares of Canadian Solar during the 3rd quarter worth about $219,000. Northwestern Mutual Wealth Management Co. increased its position in Canadian Solar by 43.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 15,733 shares of the solar energy provider’s stock worth $232,000 after buying an additional 4,739 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Canadian Solar during the 1st quarter worth approximately $336,000. 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.