Canadian Solar (CSIQ) Projected to Release Earnings on Thursday

Canadian Solar (NASDAQ:CSIQ) is expected to be releasing its Q3 2026 results before the market opens on Thursday, November 12th. Analysts expect Canadian Solar to post earnings of ($0.6861) per share and revenue of $1.38 billion for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 12, 2026 at 8:00 AM ET.

Canadian Solar (NASDAQ:CSIQ) last issued its quarterly earnings results on Thursday, August 27th. The solar energy provider reported ($1.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($1.22). The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.17 billion. Canadian Solar had a negative net margin of 3.73% and a negative return on equity of 5.57%. The company’s revenue for the quarter was down 28.7% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.53) earnings per share. On average, analysts expect Canadian Solar to post ($2.93) EPS for the current fiscal year and $0.19 EPS for the next fiscal year.

Canadian Solar Stock Up 6.7%

Shares of CSIQ opened at $10.78 on Thursday. The company has a 50-day simple moving average of $11.31 and a 200-day simple moving average of $15.26. The firm has a market capitalization of $731.96 million, a P/E ratio of -2.81 and a beta of 1.50. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.78 and a current ratio of 1.02. Canadian Solar has a 52 week low of $8.79 and a 52 week high of $34.59.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CSIQ. Wells Fargo & Company lowered their price target on shares of Canadian Solar from $18.00 to $17.00 and set an “equal weight” rating on the stock in a report on Monday, August 31st. Zacks Research downgraded shares of Canadian Solar from a “hold” rating to a “strong sell” rating in a report on Thursday, October 15th. Citigroup decreased their target price on shares of Canadian Solar from $18.00 to $15.00 and set a “neutral” rating on the stock in a research report on Thursday, August 27th. UBS Group lowered their target price on shares of Canadian Solar from $25.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, October 14th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Canadian Solar from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Monday, October 19th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $15.84.

Canadian Solar Company Profile

Canadian Solar Inc is a global solar energy company that designs, manufactures and delivers renewable energy products and solutions. Founded in 2001 by Dr. Shawn Qu, the company is headquartered in Guelph, Ontario, Canada, and serves customers in markets across North America, Latin America, Europe, Africa, the Middle East, Australia and Asia.

Through its CSI Solar business, Canadian Solar provides photovoltaic solar modules, inverters, battery energy storage systems and other components used in residential, commercial, industrial and utility-scale projects.