Zacks Research Predicts Weaker Earnings for Canadian Solar

Canadian Solar Inc. (NASDAQ:CSIQ) – Analysts at Zacks Research decreased their Q3 2025 EPS estimates for Canadian Solar in a research note issued to investors on Tuesday, January 7th. Zacks Research analyst R. Department now anticipates that the solar energy provider will earn $0.17 per share for the quarter, down from their previous forecast of $0.18. The consensus estimate for Canadian Solar’s current full-year earnings is $0.06 per share. Zacks Research also issued estimates for Canadian Solar’s FY2025 earnings at $0.12 EPS and Q4 2026 earnings at $0.40 EPS.

Canadian Solar (NASDAQ:CSIQ) last announced its quarterly earnings results on Thursday, December 5th. The solar energy provider reported ($0.31) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.44) by $0.13. Canadian Solar had a return on equity of 0.02% and a net margin of 0.01%. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same period in the prior year, the firm earned $0.32 EPS. The firm’s quarterly revenue was down 18.4% compared to the same quarter last year.

CSIQ has been the topic of a number of other research reports. Mizuho initiated coverage on shares of Canadian Solar in a research note on Friday, December 13th. They set an “outperform” rating and a $20.00 price objective on the stock. Wells Fargo & Company dropped their price target on shares of Canadian Solar from $13.00 to $10.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Jefferies Financial Group began coverage on shares of Canadian Solar in a research report on Friday, November 22nd. They issued a “buy” rating and a $14.15 price objective for the company. Citigroup lowered Canadian Solar from a “neutral” rating to a “sell” rating and dropped their target price for the stock from $19.00 to $11.00 in a research report on Tuesday, October 22nd. Finally, StockNews.com raised Canadian Solar from a “sell” rating to a “hold” rating in a report on Tuesday. Four analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Canadian Solar presently has a consensus rating of “Hold” and a consensus price target of $18.31.

Canadian Solar Stock Performance

Shares of NASDAQ:CSIQ opened at $12.74 on Thursday. The company has a market cap of $842.87 million, a P/E ratio of -106.17, a PEG ratio of 8.89 and a beta of 1.27. Canadian Solar has a one year low of $10.60 and a one year high of $25.43. The business’s 50-day simple moving average is $12.30 and its 200 day simple moving average is $13.74. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.85 and a current ratio of 1.06.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Mackenzie Financial Corp grew its stake in shares of Canadian Solar by 25.4% in the 2nd quarter. Mackenzie Financial Corp now owns 5,115,665 shares of the solar energy provider’s stock worth $75,456,000 after purchasing an additional 1,037,800 shares during the last quarter. Cerity Partners LLC boosted its holdings in Canadian Solar by 131.5% during the third quarter. Cerity Partners LLC now owns 428,733 shares of the solar energy provider’s stock worth $7,186,000 after buying an additional 243,542 shares in the last quarter. Barclays PLC grew its position in Canadian Solar by 494.4% in the third quarter. Barclays PLC now owns 115,328 shares of the solar energy provider’s stock worth $1,932,000 after buying an additional 95,924 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Canadian Solar in the third quarter valued at $1,109,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Canadian Solar by 101.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 113,461 shares of the solar energy provider’s stock valued at $1,902,000 after acquiring an additional 57,246 shares during 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.