Canadian Solar (NASDAQ:CSIQ) Trading 9.5% Higher – Time to Buy?

Shares of Canadian Solar Inc. (NASDAQ:CSIQ) rose 9.5% during trading on Friday . The stock traded as high as $14.50 and last traded at $14.81. Approximately 1,625,204 shares were traded during trading, a decline of 45% from the average daily volume of 2,955,418 shares. The stock had previously closed at $13.53.

More Canadian Solar News

Here are the key news stories impacting Canadian Solar this week:

• Positive Sentiment: Oppenheimer lowered its price target to $19 but maintained an “outperform” rating, implying roughly ~32% upside from current levels — a potential catalyst for buyers. Oppenheimer Lowers Price Target to $19
• Positive Sentiment: Sector momentum is helping CSIQ: SolarEdge and other solar stocks rallied strongly today, with Canadian Solar among the leading gainers — short-term market sentiment is supportive. SolarEdge Rockets 14%, Canadian Solar Climbs 7%
• Positive Sentiment: Mizuho upgraded Canadian Solar to Neutral this week, removing a prior weaker view and reducing downside pressure from that particular shop. Mizuho Upgrades Canadian Solar to Neutral
• Neutral Sentiment: Operationally, Canadian Solar reported full-year shipments of 24.3 GW and a record 8.1 GW delivered to the U.S., which shows scale despite near-term margin stress. Canadian Solar Reports Fourth Quarter and Full Year 2025 Results
• Negative Sentiment: Key negative: CSIQ reported a larger-than-expected Q4 loss (EPS -$1.66 vs. est. -$1.10) and revenue of $1.22B vs. $1.37B expected; shipments and margins declined YoY — these misses drove heavy selling. Canadian Solar Q4 Loss Wider Than Estimates, Revenues Fall Y/Y
• Negative Sentiment: The earnings shock prompted sharp intraday and pre-market declines (reports of >20%/~29% moves), reflecting acute investor concern on near-term guidance and sector headwinds. Canadian Solar stock tumbles on bigger-than-expected Q4 loss
• Negative Sentiment: Shareholder litigation risk: a law firm is investigating potential claims related to the company’s disclosures — an additional uncertainty for investors. Johnson Fistel Investigating Potential Claims

Analyst Upgrades and Downgrades

CSIQ has been the subject of several recent analyst reports. Weiss Ratings restated a “sell (d+)” rating on shares of Canadian Solar in a research note on Monday, December 29th. Oppenheimer lowered their price objective on Canadian Solar from $38.00 to $19.00 and set an “outperform” rating on the stock in a research report on Friday. Mizuho upgraded shares of Canadian Solar from an “underperform” rating to a “neutral” rating and decreased their target price for the company from $21.00 to $19.00 in a research note on Tuesday. Finally, Daiwa Securities Group raised shares of Canadian Solar from a “neutral” rating to an “outperform” rating and set a $30.00 price objective for the company in a report on Tuesday, December 2nd. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, Canadian Solar presently has an average rating of “Reduce” and a consensus target price of $19.56.

Canadian Solar Stock Up 3.6%

The company has a debt-to-equity ratio of 0.93, a current ratio of 1.07 and a quick ratio of 0.86. The business has a fifty day simple moving average of $19.55 and a 200 day simple moving average of $19.57. The firm has a market cap of $938.92 million, a price-to-earnings ratio of -39.00 and a beta of 1.31.

Canadian Solar (NASDAQ:CSIQ) last posted its quarterly earnings results on Thursday, March 19th. The solar energy provider reported ($1.66) EPS for the quarter, missing the consensus estimate of ($1.10) by ($0.56). The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.37 billion. Canadian Solar had a negative return on equity of 5.28% and a net margin of 0.27%.The business’s revenue was down 20.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.48 EPS. As a group, equities analysts forecast that Canadian Solar Inc. will post -0.23 EPS for the current fiscal year.

Institutional Investors Weigh In On Canadian Solar

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Canadian Solar during the 4th quarter worth $1,140,000. Caitong International Asset Management Co. Ltd grew its holdings in Canadian Solar by 427.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 16,879 shares of the solar energy provider’s stock valued at $401,000 after buying an additional 13,681 shares during the period. Virtu Financial LLC acquired a new position in shares of Canadian Solar during the 4th quarter valued at about $410,000. Voloridge Investment Management LLC acquired a new stake in shares of Canadian Solar in the fourth quarter worth approximately $6,013,000. Finally, SummitTX Capital L.P. purchased a new stake in Canadian Solar in the fourth quarter valued at approximately $332,000. Hedge funds and other institutional investors own 52.36% of the company’s stock.

Canadian Solar Company Profile

Canadian Solar Inc (NASDAQ: CSIQ) is a global renewable energy company that specializes in the design, development and manufacturing of solar photovoltaic (PV) modules and system solutions. Founded in 2001 and headquartered in Guelph, Ontario, the company has grown to become one of the world’s largest solar module suppliers. Canadian Solar offers a comprehensive portfolio of products, including mono- and multi-crystalline solar cells and modules, as well as advanced energy storage and system integration solutions tailored for residential, commercial and utility-scale applications.

In addition to manufacturing solar components, Canadian Solar provides end-to-end services encompassing project development, engineering, procurement and construction (EPC), as well as operations and maintenance.