Canadian Solar (CSIQ) Projected to Post Quarterly Earnings on Thursday

Canadian Solar (NASDAQ:CSIQGet Free Report) is expected to announce its Q1 2026 results before the market opens on Thursday, May 14th. Analysts expect the company to announce earnings of ($1.08) per share and revenue of $950.4290 million for the quarter. Investors can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, May 14, 2026 at 8:00 AM ET.

Canadian Solar (NASDAQ:CSIQGet Free Report) last announced its quarterly earnings results on Saturday, February 14th. The solar energy provider reported ($1.66) earnings per share (EPS) for the quarter. The firm had revenue of $1.22 billion for the quarter. Canadian Solar had a negative return on equity of 4.95% and a negative net margin of 1.86%. On average, analysts expect Canadian Solar to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Canadian Solar Stock Performance

CSIQ opened at $19.41 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.97. The company has a market cap of $1.32 billion, a price-to-earnings ratio of -7.76 and a beta of 1.44. Canadian Solar has a 52-week low of $9.41 and a 52-week high of $34.59. The firm’s fifty day simple moving average is $15.10 and its two-hundred day simple moving average is $20.00.

Institutional Investors Weigh In On Canadian Solar

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Canadian Solar by 7.0% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,796 shares of the solar energy provider’s stock worth $63,000 after purchasing an additional 312 shares during the last quarter. LPL Financial LLC increased its position in Canadian Solar by 16.7% during the fourth quarter. LPL Financial LLC now owns 15,525 shares of the solar energy provider’s stock worth $369,000 after purchasing an additional 2,219 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its position in Canadian Solar by 38.6% during the second quarter. CANADA LIFE ASSURANCE Co now owns 8,094 shares of the solar energy provider’s stock worth $89,000 after purchasing an additional 2,254 shares during the last quarter. Quarry LP acquired a new stake in Canadian Solar during the fourth quarter worth about $54,000. Finally, Caitong International Asset Management Co. Ltd increased its position in Canadian Solar by 335.1% during the third quarter. Caitong International Asset Management Co. Ltd now owns 3,198 shares of the solar energy provider’s stock worth $42,000 after purchasing an additional 2,463 shares during the last quarter. 52.36% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on CSIQ shares. Wells Fargo & Company decreased their price objective on shares of Canadian Solar from $23.00 to $17.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 8th. Roth Mkm decreased their price objective on shares of Canadian Solar from $30.00 to $15.00 and set a “neutral” rating on the stock in a report on Monday, March 23rd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Canadian Solar in a report on Friday, March 27th. Freedom Capital raised shares of Canadian Solar from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 24th. Finally, Wall Street Zen downgraded shares of Canadian Solar from a “hold” rating to a “strong sell” rating in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $18.36.

View Our Latest Stock Analysis on CSIQ

Canadian Solar Company Profile

(Get Free Report)

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.

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Earnings History for Canadian Solar (NASDAQ:CSIQ)

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