Wall Street Zen Downgrades Canadian Solar (NASDAQ:CSIQ) to Strong Sell

Canadian Solar (NASDAQ:CSIQ) was downgraded by research analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Saturday.

Several other equities research analysts also recently weighed in on the company. Weiss Ratings downgraded Canadian Solar from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday. Roth Capital set a $15.00 target price on shares of Canadian Solar in a report on Friday. Mizuho reduced their price target on shares of Canadian Solar from $18.00 to $17.00 and set a “neutral” rating for the company in a research report on Friday. Glj Research reiterated a “sell” rating and set a $5.58 price target on shares of Canadian Solar in a research note on Thursday. Finally, Citigroup lowered their price objective on shares of Canadian Solar from $18.00 to $15.00 and set a “neutral” rating on the stock in a research report on Thursday. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Canadian Solar has an average rating of “Reduce” and a consensus price target of $17.75.

Canadian Solar Price Performance

Canadian Solar stock opened at $13.14 on Friday. Canadian Solar has a fifty-two week low of $9.41 and a fifty-two week high of $34.59. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.78 and a current ratio of 1.02. The company has a market capitalization of $892.21 million, a P/E ratio of -3.42 and a beta of 1.52. The stock has a 50-day simple moving average of $14.95 and a 200-day simple moving average of $16.05.

Canadian Solar (NASDAQ:CSIQ) last announced its earnings results on Thursday, August 27th. The solar energy provider reported ($1.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($1.22). The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.17 billion. Canadian Solar had a negative net margin of 3.73% and a negative return on equity of 5.57%. The firm’s revenue for the quarter was down 28.7% compared to the same quarter last year. During the same period last year, the company earned ($0.53) earnings per share. Equities research analysts expect that Canadian Solar will post -2.51 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Caisse de depot et placement du Quebec purchased a new stake in shares of Canadian Solar during the second quarter worth approximately $2,262,141,000. Wellington Management Group LLP purchased a new position in Canadian Solar in the 2nd quarter valued at $1,018,259,000. Deutsche Bank AG purchased a new position in Canadian Solar in the 2nd quarter valued at $722,850,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Canadian Solar in the 2nd quarter valued at $676,361,000. Finally, BlackRock Inc. acquired a new position in Canadian Solar in the 2nd quarter valued at $85,219,000. 52.36% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Canadian Solar

Here are the key news stories impacting Canadian Solar this week:

• Positive Sentiment: Energy-storage shipments reached 3.7 GWh, exceeding the company’s 2.8–3.2 GWh guidance and reportedly rising 73% year over year. This growth provides a potential offset to weakness in the solar-module business. Canadian Solar Reports Second Quarter 2026 Results
• Positive Sentiment: Second-quarter revenue of $1.21 billion exceeded the roughly $1.17 billion analyst estimate, although the increase was not enough to offset the earnings shortfall. Canadian Solar Beats on Revenue, But Investors Face Softer Q3 Setup
• Neutral Sentiment: Mizuho lowered its price target from $18 to $17 and maintained a neutral rating. The revised target still implies substantial upside from recent levels, but the reduction reflects ongoing execution and profitability concerns. Benzinga analyst update
• Negative Sentiment: Canadian Solar reported a second-quarter loss of $1.40 per share, far worse than analyst expectations and the $0.53 loss recorded a year earlier. Revenue fell 28.7% year over year, while lower solar-module sales contributed to the downturn. Canadian Solar Posts Q2 2026 Loss
• Negative Sentiment: Management guided third-quarter revenue to $1.3–$1.5 billion, below the approximately $1.7 billion consensus estimate, signaling continued demand and margin pressure. The CEO also warned that the U.S. factory ramp-up could weigh further on profits. Canadian Solar CEO Warns of More Profit Pressure
• Negative Sentiment: GLJ Research reaffirmed a sell rating with a $5.58 price target, reinforcing bearish sentiment after the earnings release. Benzinga analyst update

Canadian Solar Company Profile

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.