Canadian Solar Q3 EPS Forecast Reduced by Zacks Research

Canadian Solar Inc. (NASDAQ:CSIQ) – Stock analysts at Zacks Research lowered their Q3 2025 earnings per share estimates for shares of Canadian Solar in a research note issued to investors on Tuesday, November 26th. Zacks Research analyst R. Department now forecasts that the solar energy provider will post earnings per share of $0.45 for the quarter, down from their prior forecast of $0.46. The consensus estimate for Canadian Solar’s current full-year earnings is $0.12 per share. Zacks Research also issued estimates for Canadian Solar’s Q2 2026 earnings at $0.10 EPS.

Other equities analysts have also recently issued reports about the stock. The Goldman Sachs Group dropped their target price on shares of Canadian Solar from $18.00 to $16.00 and set a “neutral” rating for the company in a research report on Monday, August 26th. Roth Mkm dropped their target price on Canadian Solar from $25.00 to $20.00 and set a “buy” rating for the company in a research report on Monday, August 26th. Oppenheimer dropped their price target on shares of Canadian Solar from $43.00 to $27.00 and set an “outperform” rating for the company in a research note on Friday, August 23rd. StockNews.com lowered Canadian Solar from a “hold” rating to a “sell” rating in a research note on Wednesday, July 31st. Finally, Jefferies Financial Group initiated coverage on shares of Canadian Solar in a report on Friday, November 22nd. They issued a “buy” rating and a $14.15 target price on the stock. Four research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Canadian Solar currently has a consensus rating of “Hold” and a consensus price target of $19.94.

Canadian Solar Stock Performance

CSIQ opened at $12.76 on Thursday. The firm has a market cap of $844.20 million, a P/E ratio of 25.02, a price-to-earnings-growth ratio of 4.27 and a beta of 1.34. The business’s fifty day moving average is $13.70 and its 200-day moving average is $14.91. Canadian Solar has a 52-week low of $10.91 and a 52-week high of $26.85. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.82 and a current ratio of 1.04.

Institutional Trading of Canadian Solar

Hedge funds have recently bought and sold shares of the business. Mackenzie Financial Corp boosted its stake in Canadian Solar by 25.4% during the 2nd quarter. Mackenzie Financial Corp now owns 5,115,665 shares of the solar energy provider’s stock valued at $75,456,000 after purchasing an additional 1,037,800 shares during the last quarter. SIR Capital Management L.P. bought a new position in Canadian Solar during the second quarter valued at $3,994,000. D. Scott Neal Inc. bought a new position in shares of Canadian Solar during the 2nd quarter worth $3,898,000. Foundry Partners LLC bought a new position in Canadian Solar during the second quarter worth about $3,667,000. Finally, Cerity Partners LLC grew its stake in Canadian Solar by 131.5% in the 3rd quarter. Cerity Partners LLC now owns 428,733 shares of the solar energy provider’s stock valued at $7,186,000 after buying an additional 243,542 shares in the last quarter. Institutional investors and hedge funds own 52.36% of the company’s stock.

Canadian Solar Company Profile

Canadian Solar Inc, together with its subsidiaries, provides solar energy and battery energy storage products and solutions in in Asia, the Americas, Europe, and internationally. The company operates through two segments, CSI Solar and Recurrent Energy. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products.