Canadian Solar Inc. (NASDAQ:CSIQ) Forecasted to Post FY2025 Earnings of $3.65 Per Share

Canadian Solar Inc. (NASDAQ:CSIQ) – Research analysts at Zacks Research boosted their FY2025 earnings estimates for Canadian Solar in a research report issued on Tuesday, April 30th. Zacks Research analyst R. Department now expects that the solar energy provider will post earnings per share of $3.65 for the year, up from their previous estimate of $3.63. The consensus estimate for Canadian Solar’s current full-year earnings is $2.58 per share. Zacks Research also issued estimates for Canadian Solar’s Q4 2025 earnings at $1.09 EPS and Q1 2026 earnings at $0.90 EPS.

Canadian Solar (NASDAQ:CSIQ) last issued its quarterly earnings results on Thursday, March 14th. The solar energy provider reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.11. Canadian Solar had a net margin of 3.60% and a return on equity of 8.31%. The firm had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.69 billion. During the same period in the prior year, the firm earned $1.11 EPS. The business’s revenue was down 13.7% on a year-over-year basis.

CSIQ has been the subject of several other research reports. StockNews.com raised Canadian Solar from a “sell” rating to a “hold” rating in a report on Thursday, April 11th. Daiwa Capital Markets initiated coverage on Canadian Solar in a research note on Monday, March 11th. They issued a “neutral” rating and a $21.00 target price for the company. The Goldman Sachs Group reduced their target price on Canadian Solar from $28.00 to $24.00 and set a “neutral” rating for the company in a research report on Friday, March 15th. Wells Fargo & Company lowered their price target on shares of Canadian Solar from $28.00 to $23.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 19th. Finally, Citigroup reduced their price objective on shares of Canadian Solar from $26.00 to $24.00 and set a “neutral” rating for the company in a report on Friday, March 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $31.78.

Canadian Solar Stock Up 1.4 %

NASDAQ CSIQ opened at $16.79 on Friday. Canadian Solar has a twelve month low of $14.11 and a twelve month high of $45.29. The stock has a market cap of $1.11 billion, a PE ratio of 4.33, a PEG ratio of 0.26 and a beta of 1.29. The firm has a 50-day simple moving average of $18.15 and a 200 day simple moving average of $20.88. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.84 and a current ratio of 1.04.

Institutional Investors Weigh In On Canadian Solar

Institutional investors and hedge funds have recently made changes to their positions in the company. Adirondack Trust Co. increased its position in shares of Canadian Solar by 200.0% during the 3rd quarter. Adirondack Trust Co. now owns 1,500 shares of the solar energy provider’s stock worth $37,000 after purchasing an additional 1,000 shares in the last quarter. USCF Advisers LLC grew its stake in Canadian Solar by 87.5% during the fourth quarter. USCF Advisers LLC now owns 1,500 shares of the solar energy provider’s stock worth $39,000 after buying an additional 700 shares during the last quarter. Assetmark Inc. grew its stake in Canadian Solar by 71.2% during the third quarter. Assetmark Inc. now owns 2,387 shares of the solar energy provider’s stock worth $59,000 after buying an additional 993 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Canadian Solar during the third quarter worth approximately $93,000. Finally, Daiwa Securities Group Inc. raised its stake in shares of Canadian Solar by 72.1% in the first quarter. Daiwa Securities Group Inc. now owns 7,400 shares of the solar energy provider’s stock valued at $146,000 after acquiring an additional 3,100 shares during the last quarter. Institutional investors and hedge funds own 52.36% of the company’s stock.

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.