Canadian Solar Inc. (NASDAQ:CSIQ) Given Average Rating of “Reduce” by Analysts

Posted by Geri Gentry on May 22nd, 2026

Shares of Canadian Solar Inc. (NASDAQ:CSIQ – Get Free Report) have been assigned an average rating of “Reduce” from the thirteen brokerages that are currently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $18.3640.

A number of equities research analysts have recently issued reports on CSIQ shares. Oppenheimer cut their target price on Canadian Solar from $38.00 to $19.00 and set an “outperform” rating on the stock in a research report on Friday, March 20th. Wall Street Zen lowered Canadian Solar from a “hold” rating to a “strong sell” rating in a research report on Monday, April 20th. Mizuho cut their target price on Canadian Solar from $19.00 to $15.00 and set a “neutral” rating on the stock in a research report on Monday, March 23rd. Wells Fargo & Company cut their target price on Canadian Solar from $23.00 to $17.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Canadian Solar in a research report on Friday, March 27th.

View Our Latest Report on CSIQ

Insider Activity

In other news, Director Andrew Luen Cheung Wong sold 1,752 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $16.33, for a total transaction of $28,610.16. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 21.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. grew its holdings in shares of Canadian Solar by 206.6% during the third quarter. JPMorgan Chase & Co. now owns 571,893 shares of the solar energy provider’s stock valued at $7,457,000 after buying an additional 385,355 shares in the last quarter. UBS Group AG grew its holdings in shares of Canadian Solar by 71.3% during the fourth quarter. UBS Group AG now owns 399,963 shares of the solar energy provider’s stock valued at $9,507,000 after buying an additional 166,412 shares in the last quarter. Polunin Capital Partners Ltd purchased a new position in shares of Canadian Solar during the fourth quarter valued at $43,692,000. GF Fund Management CO. LTD. purchased a new position in shares of Canadian Solar during the fourth quarter valued at $6,260,000. Finally, Hussman Strategic Advisors Inc. purchased a new position in shares of Canadian Solar during the fourth quarter valued at $2,995,000. Hedge funds and other institutional investors own 52.36% of the company’s stock.

Canadian Solar Stock Up 8.6%

CSIQ opened at $18.10 on Friday. Canadian Solar has a one year low of $9.41 and a one year high of $34.59. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.81 and a current ratio of 1.06. The stock’s fifty day moving average is $15.22 and its 200-day moving average is $20.05. The company has a market capitalization of $1.23 billion, a PE ratio of -7.18 and a beta of 1.44.

Canadian Solar (NASDAQ:CSIQ – Get Free Report) last posted its quarterly earnings data on Friday, May 15th. The solar energy provider reported ($0.71) EPS for the quarter, topping analysts’ consensus estimates of ($1.06) by $0.35. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $950.43 million. Canadian Solar had a negative return on equity of 4.20% and a negative net margin of 1.87%.The company’s quarterly revenue was down 9.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($1.07) EPS. On average, equities analysts predict that Canadian Solar will post -1.16 EPS for the current fiscal year.

About Canadian Solar

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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.