Canadian Solar Inc. (NASDAQ:CSIQ) Receives Consensus Rating of “Reduce” from Brokerages

Shares of Canadian Solar Inc. (NASDAQ:CSIQ) have earned an average recommendation of “Reduce” from the fourteen ratings firms that are covering the company, MarketBeat reports. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $17.7473.

A number of research analysts recently issued reports on CSIQ shares. Mizuho reduced their price target on Canadian Solar from $18.00 to $17.00 and set a “neutral” rating on the stock in a report on Friday. Freedom Capital lowered shares of Canadian Solar from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 19th. Roth Capital set a $15.00 price target on shares of Canadian Solar in a research report on Friday. Glj Research reissued a “sell” rating and set a $5.58 price objective on shares of Canadian Solar in a research note on Thursday. Finally, Wall Street Zen cut shares of Canadian Solar from a “sell” rating to a “strong sell” rating in a report on Saturday.

Canadian Solar Trading Down 6.0%

Shares of CSIQ opened at $13.14 on Friday. The firm has a 50 day moving average price of $14.95 and a 200-day moving average price of $16.09. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.81 and a current ratio of 1.06. Canadian Solar has a fifty-two week low of $9.41 and a fifty-two week high of $34.59. The firm has a market cap of $892.21 million, a price-to-earnings ratio of -3.42 and a beta of 1.52.

Canadian Solar (NASDAQ:CSIQ) last released its quarterly earnings data on Thursday, August 27th. The solar energy provider reported ($1.40) EPS for the quarter, missing the consensus estimate of ($0.18) by ($1.22). Canadian Solar had a negative return on equity of 5.55% and a negative net margin of 3.73%.The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the prior year, the firm posted ($0.53) EPS. The firm’s quarterly revenue was down 28.7% on a year-over-year basis. As a group, equities research analysts forecast that Canadian Solar will post -2.51 earnings per share for the current year.

Hedge Funds Weigh In On Canadian Solar

A number of hedge funds have recently bought and sold shares of the company. Global Retirement Partners LLC bought a new position in shares of Canadian Solar in the second quarter worth approximately $96,000. Jones Financial Companies Lllp purchased a new position in shares of Canadian Solar in the 2nd quarter worth $100,000. Danske Bank A S purchased a new position in Canadian Solar in the second quarter worth about $100,000. EFG International AG bought a new stake in Canadian Solar during the second quarter valued at approximately $161,000. Finally, Kelleher Financial Advisors bought a new stake in shares of Canadian Solar during the 2nd quarter valued at $186,000. Institutional investors own 52.36% of the company’s stock.

Key Stories Impacting Canadian Solar

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

• Positive Sentiment: Energy-storage shipments reached 3.7 GWh, exceeding the company’s 2.8–3.2 GWh guidance and reportedly rising 73% year over year. This growth provides a potential offset to weakness in the solar-module business. Canadian Solar Reports Second Quarter 2026 Results
• Positive Sentiment: Second-quarter revenue of $1.21 billion exceeded the roughly $1.17 billion analyst estimate, although the increase was not enough to offset the earnings shortfall. Canadian Solar Beats on Revenue, But Investors Face Softer Q3 Setup
• Neutral Sentiment: Mizuho lowered its price target from $18 to $17 and maintained a neutral rating. The revised target still implies substantial upside from recent levels, but the reduction reflects ongoing execution and profitability concerns. Benzinga analyst update
• Negative Sentiment: Canadian Solar reported a second-quarter loss of $1.40 per share, far worse than analyst expectations and the $0.53 loss recorded a year earlier. Revenue fell 28.7% year over year, while lower solar-module sales contributed to the downturn. Canadian Solar Posts Q2 2026 Loss
• Negative Sentiment: Management guided third-quarter revenue to $1.3–$1.5 billion, below the approximately $1.7 billion consensus estimate, signaling continued demand and margin pressure. The CEO also warned that the U.S. factory ramp-up could weigh further on profits. Canadian Solar CEO Warns of More Profit Pressure
• Negative Sentiment: GLJ Research reaffirmed a sell rating with a $5.58 price target, reinforcing bearish sentiment after the earnings release. Benzinga analyst update

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.