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

Posted by Stanley Muller on Aug 3rd, 2026

Canadian Solar Inc. (NASDAQ:CSIQ – Get Free Report) has been given a consensus rating of “Hold” by the thirteen brokerages that are currently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $19.3640.

CSIQ has been the subject of several analyst reports. Mizuho lifted their price target on shares of Canadian Solar from $15.00 to $18.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Wall Street Zen upgraded shares of Canadian Solar from a “strong sell” rating to a “sell” rating in a report on Saturday, May 23rd. Freedom Capital cut shares of Canadian Solar from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 19th. Citigroup raised shares of Canadian Solar from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $11.00 to $18.00 in a report on Wednesday, July 22nd. Finally, Wells Fargo & Company dropped their target price on shares of Canadian Solar from $23.00 to $17.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 8th.

View Our Latest Stock Report on CSIQ

Canadian Solar Price Performance

Canadian Solar stock opened at $15.08 on Wednesday. The business’s 50-day simple moving average is $16.02 and its 200 day simple moving average is $16.88. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of -5.98 and a beta of 1.52. Canadian Solar has a 12-month low of $9.41 and a 12-month high of $34.59. The company has a quick ratio of 0.81, a current ratio of 1.06 and a debt-to-equity ratio of 0.99.

Canadian Solar (NASDAQ:CSIQ – Get Free Report) last announced its quarterly earnings data on Friday, May 15th. The solar energy provider reported ($0.71) earnings per share for the quarter, topping the consensus estimate of ($1.06) by $0.35. Canadian Solar had a negative return on equity of 4.20% and a negative net margin of 1.87%.The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $950.43 million. During the same period in the previous year, the business posted ($1.07) EPS. The company’s quarterly revenue was down 9.9% compared to the same quarter last year. As a group, research analysts anticipate that Canadian Solar will post -1.81 earnings per share for the current year.

Insider Transactions at Canadian Solar

In other Canadian Solar news, Director Andrew Luen Cheung Wong sold 1,752 shares of the stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $16.33, for a total value of $28,610.16. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Leslie Li Hsien Chang sold 1,767 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $19.45, for a total value of $34,368.15. The SEC filing for this sale provides additional information. Corporate insiders own 21.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CSIQ. China Universal Asset Management Co. Ltd. bought a new stake in Canadian Solar in the fourth quarter valued at approximately $48,000. Quarry LP bought a new position in shares of Canadian Solar during the fourth quarter worth $54,000. Taikang Asset Management Hong Kong Co Ltd acquired a new position in shares of Canadian Solar in the 4th quarter valued at $69,000. Raymond James Financial Inc. acquired a new position in shares of Canadian Solar in the 2nd quarter valued at $33,000. Finally, Optiver Holding B.V. bought a new stake in shares of Canadian Solar in the 1st quarter valued at $44,000. Institutional investors and hedge funds own 52.36% of the company’s stock.

Canadian Solar Company Profile

(Get Free Report)

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.