FY2025 EPS Estimates for Canadian Solar Lifted by Analyst

Canadian Solar Inc. (NASDAQ:CSIQ) – Roth Capital raised their FY2025 earnings estimates for shares of Canadian Solar in a report issued on Sunday, November 16th. Roth Capital analyst P. Shen now anticipates that the solar energy provider will earn ($3.21) per share for the year, up from their prior forecast of ($3.96). Roth Capital has a “Neutral” rating and a $30.00 price objective on the stock. The consensus estimate for Canadian Solar’s current full-year earnings is ($0.23) per share. Roth Capital also issued estimates for Canadian Solar’s Q4 2025 earnings at ($1.23) EPS, Q1 2026 earnings at ($1.07) EPS, Q2 2026 earnings at ($0.29) EPS, Q3 2026 earnings at ($0.36) EPS, Q4 2026 earnings at ($0.50) EPS, FY2026 earnings at ($2.23) EPS, Q1 2027 earnings at ($0.75) EPS, Q2 2027 earnings at $0.00 EPS, Q3 2027 earnings at ($0.04) EPS and FY2027 earnings at ($0.98) EPS.

Canadian Solar (NASDAQ:CSIQ) last announced its earnings results on Thursday, November 13th. The solar energy provider reported ($0.58) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.08) by $0.50. The company had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.37 billion. Canadian Solar had a negative net margin of 0.12% and a negative return on equity of 4.97%. Canadian Solar’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period in the prior year, the business earned ($0.31) earnings per share. Canadian Solar has set its Q4 2025 guidance at EPS.

Several other equities analysts have also issued reports on CSIQ. The Goldman Sachs Group upped their price target on Canadian Solar from $9.00 to $10.00 and gave the company a “sell” rating in a research note on Wednesday, October 8th. Wall Street Zen raised Canadian Solar from a “sell” rating to a “hold” rating in a report on Friday, September 26th. Zacks Research raised shares of Canadian Solar from a “strong sell” rating to a “hold” rating in a research note on Friday, September 19th. Weiss Ratings reissued a “sell (d+)” rating on shares of Canadian Solar in a research note on Thursday, November 13th. Finally, Jefferies Financial Group restated a “hold” rating and issued a $19.64 price objective (up from $13.70) on shares of Canadian Solar in a report on Monday, November 3rd. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $15.08.

Canadian Solar Stock Down 7.2%

NASDAQ:CSIQ opened at $26.42 on Wednesday. The company has a market cap of $1.77 billion, a price-to-earnings ratio of -44.03 and a beta of 1.35. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.87 and a current ratio of 1.09. The stock’s fifty day moving average price is $17.40 and its two-hundred day moving average price is $13.40. Canadian Solar has a 52-week low of $6.57 and a 52-week high of $34.59.

Hedge Funds Weigh In On Canadian Solar

A number of hedge funds and other institutional investors have recently made changes to their positions in CSIQ. Mackenzie Financial Corp increased its position in shares of Canadian Solar by 7.4% in the 2nd quarter. Mackenzie Financial Corp now owns 5,884,865 shares of the solar energy provider’s stock valued at $64,969,000 after buying an additional 405,800 shares in the last quarter. IvyRock Asset Management HK Ltd lifted its holdings in Canadian Solar by 87.8% during the first quarter. IvyRock Asset Management HK Ltd now owns 2,607,700 shares of the solar energy provider’s stock worth $22,557,000 after acquiring an additional 1,219,200 shares in the last quarter. Invesco Ltd. grew its stake in Canadian Solar by 15.5% in the first quarter. Invesco Ltd. now owns 2,311,596 shares of the solar energy provider’s stock valued at $19,995,000 after acquiring an additional 310,564 shares during the period. Legal & General Group Plc grew its stake in Canadian Solar by 13.0% in the third quarter. Legal & General Group Plc now owns 2,051,228 shares of the solar energy provider’s stock valued at $26,741,000 after acquiring an additional 236,115 shares during the period. Finally, Shah Capital Management increased its holdings in shares of Canadian Solar by 9.2% in the first quarter. Shah Capital Management now owns 1,906,285 shares of the solar energy provider’s stock worth $16,489,000 after acquiring an additional 160,739 shares in the last quarter. 52.36% of the stock is owned by institutional investors.

About Canadian Solar

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.