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Canadian Solar (CSIQ): analyst forecast and price target

$9.81 −7.19% close 16.10.26 · market cap $718M · Technology · Solar IWM 0.02%
Price targets and ratings of

Analyst consensus

Hold

1 Buy4 Hold2 Sell

Ratings of 7 analysts in the last 3 months

12-month forecast

$13.51+37.7% upside

Based on 7 price targets given in the last 3 months, the average target is $13.51, the highest $17.00, the lowest $5.58. The average is +37.7% from the last price of $9.81.

$10.00$20.00$30.00Jan 26AprJulOctJan 27AprJulOctHigh$17.00Average$13.51Low$5.58
Highest target $17.00 Average target $13.51 Lowest target $5.58
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Jon Windham★★★★★★★★★★#1504 · hits 53% · avg +9.4% UBS $25.00 → $16.00−36.0% Buy +63.1% Reiterated 14.10.26on TipRanks 07:15 −6.8%next day +2.0%
Philip Shen★★★★★★★★★★#1699 · hits 42% · avg +8.0% Roth MKM $15.00 Hold +52.9% Reiterated 31.08.26on TipRanks Aug 28 15:40 −5.8%next day −5.9% · 5 days +0.5%
Praneeth Satish★★★★★★★★★★#4206 · hits 56% · avg +2.7% Wells Fargo $18.00 → $17.00−5.6% Hold +73.3% Reiterated 28.08.26on TipRanks Aug 31 06:35 −5.8%next day −5.9% · 5 days +0.5%
Maheep Mandloi★★★★★★★★★★#5687 · hits 45% · avg +1.6% Mizuho Securities $18.00 → $17.00−5.6% Hold +73.3% Reiterated 28.08.26on TipRanks 07:31 −5.8%next day −5.9% · 5 days +0.5%
Vikram Bagri★★★★★★★★★★#12347 · hits 38% · avg −17.6% Citi $18.00 → $15.00−16.7% Hold +52.9% Reiterated 28.08.26on TipRanks Aug 27 14:10 +0.1%next day −5.8% · 5 days −3.5%
Gordon Johnson★★★★★★★★★★#11662 · hits 57% · avg −4.5% GLJ Research $5.58 Sell −43.1% Reiterated 27.08.26on TipRanks 12:23 +0.1%next day −5.8% · 5 days −3.5%
Mark Strouse★★★★★★★★★★#2081 · hits 47% · avg +6.2% J.P. Morgan $9.00 Sell −8.3% Reiterated 21.07.26on TipRanks Jul 26 21:08 +0.3%next day +0.3% · 5 days −10.2%
Dmitriy Pozdnyakov★★★★★★★★★★#7166 · hits 50% · avg +2.3% Freedom Capital Markets $16.00 Hold +63.1% Downgrade 19.05.26on TipRanks 08:40 −7.0%next day +4.0% · 5 days +17.9%
Brian K. Lee★★★★★★★★★★#6338 · hits 45% · avg +0.8% Goldman Sachs $17.00 → $11.00−35.3% Sell +12.1% Assigned 23.03.26on TipRanks Mar 20 07:20 +6.8%next day −9.2% · 5 days −3.4%
Colin Rusch★★★★★★★★★★#147 · hits 46% · avg +37.3% Oppenheimer $38.00 → $19.00−50.0% Buy +93.7% Reiterated 20.03.26on TipRanks 07:45 +6.8%next day −9.2% · 5 days −3.4%
Dennis Ip★★★★★★★★★★#1965 · hits 45% · avg +23.7% Daiwa $13.00 → $30.00+130.8% Buy +205.8% Upgrade 02.12.25on TipRanks 11:50 −6.3%next day −9.7% · 5 days −11.1%
Johnson Wan★★★★★★★★★★#1705 · hits 52% · avg +17.7% Jefferies $13.70 → $19.64+43.4% Hold +100.2% Downgrade 03.11.25on TipRanks 09:10 +9.5%next day −2.2% · 5 days +42.6%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Canadian Solar

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Gordon Johnson★★★★★★★★★★GLJ Research · #11662
Hits 57%168 of 297 Average return −4.5%
1 year Gordon Johnson★★★★★★★★★★GLJ Research · #11662
Hits 57%168 of 297 Average return −4.5%
2 years Gordon Johnson★★★★★★★★★★GLJ Research · #11662
Hits 57%168 of 297 Average return −4.5%

Most profitable

3 months Colin Rusch★★★★★★★★★★Oppenheimer · #147
Hits 46%231 of 500 Average return +37.3%
1 year Brian K. Lee★★★★★★★★★★Goldman Sachs · #6338
Hits 45%217 of 484 Average return +0.8%
2 years Brian K. Lee★★★★★★★★★★Goldman Sachs · #6338
Hits 45%217 of 484 Average return +0.8%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $13.10 at a price of $11.52 (+13.7%); now: $13.51 at $9.81 (+37.7%).

$10.00$12.00$14.00Sep 15Oct 1Oct 15Top analysts$13.33Average target$13.51Price$9.81

PriceAverage targetTop analysts’ target

Recommendation trend

0510151236Oct 252410Nov2210Dec225Jan 2611Feb232Mar242Apr262May4Jun42Jul63Aug53Sep141Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000001
Buy200000
Hold644654
Sell202331

Earnings and sales forecast

Next report: 12.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $-0.69 (from $-1.19 to $-0.11). Last quarter: $-1.40.

Sales

Next quarter’s sales estimate — $1.4B (from $1.3B to $1.4B). Last quarter: $1.2B.

Best top-analyst consensus in the sector · Technology

TSMTSMC
ANETArista Networks
UCTTUltra Clean HoldingsStrong Buy
ONTOOnto Innovation
CLSnot in our ETFs
About Canadian Solar
  • CEO: Colin Parkin
  • Employees: 12,587
  • 4273 King Street East, Kitchener, ON, N2P 2E9, CA
  • www.canadiansolar.com

Canadian Solar Inc. and its affiliates operate globally, specializing in the design, development, production, and sale of solar energy components, including ingots, wafers, cells, and modules, alongside a range of solar power and battery storage solutions across Asia, the Americas, and Europe. The company's operations are structured into two main divisions: CSI Solar and Global Energy. The CSI Solar segment offers standard solar modules, comprehensive battery storage systems, and complete, ready-to-install solar kits that encompass inverters, racking systems, and other essential accessories. This division also provides engineering, procurement, and construction (EPC) services. Conversely, the Global Energy segment is involved in the entire lifecycle of solar and battery storage projects, from development and construction to ongoing maintenance and sale. It also manages the operation of solar power facilities and sells generated electricity. This segment further delivers extensive operation and maintenance (O&M) support, such as monitoring, inspections, equipment repair and replacement, site management, and administrative services for solar ventures, in addition to asset management. As of January 31, 2021, this division managed an operational fleet of solar power plants with an aggregate capacity of approximately 445 MWp. Canadian Solar serves a diverse clientele, including distributors, system integrators, project developers, and installation/EPC companies. Its products are primarily marketed under the Canadian Solar brand, with some sales also occurring on an OEM (Original Equipment Manufacturer) basis. Established in 2001, the company is headquartered in Guelph, Canada.

Data from the stock’s TipRanks forecast page, read 27 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗