Canadian Solar FY2025 EPS Estimate Boosted by Zacks Research

Canadian Solar Inc. (NASDAQ:CSIQ) – Investment analysts at Zacks Research boosted their FY2025 EPS estimates for Canadian Solar in a report issued on Wednesday, November 20th. Zacks Research analyst R. Department now anticipates that the solar energy provider will earn $0.94 per share for the year, up from their previous estimate of $0.84. The consensus estimate for Canadian Solar’s current full-year earnings is $0.12 per share. Zacks Research also issued estimates for Canadian Solar’s Q4 2025 earnings at $0.86 EPS, Q1 2026 earnings at $0.12 EPS, Q2 2026 earnings at $0.09 EPS, Q3 2026 earnings at $1.08 EPS and FY2026 earnings at $2.28 EPS.

Canadian Solar (NASDAQ:CSIQ) last announced its earnings results on Thursday, August 22nd. The solar energy provider reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.03. Canadian Solar had a return on equity of 0.99% and a net margin of 0.56%. The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period in the prior year, the company earned $2.39 EPS. The company’s quarterly revenue was down 30.8% compared to the same quarter last year.

Other equities research analysts have also issued reports about the stock. Jefferies Financial Group assumed coverage on shares of Canadian Solar in a research report on Friday. They set a “buy” rating and a $14.15 target price for the company. Roth Mkm dropped their price objective on shares of Canadian Solar from $25.00 to $20.00 and set a “buy” rating for the company in a report on Monday, August 26th. Oppenheimer reduced their target price on Canadian Solar from $43.00 to $27.00 and set an “outperform” rating on the stock in a research note on Friday, August 23rd. Glj Research lifted their price target on Canadian Solar from $9.10 to $12.28 and gave the stock a “sell” rating in a research note on Tuesday, July 30th. Finally, StockNews.com cut Canadian Solar from a “hold” rating to a “sell” rating in a report on Wednesday, July 31st. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Canadian Solar presently has an average rating of “Hold” and a consensus target price of $19.94.

Canadian Solar Stock Performance

Shares of CSIQ opened at $11.91 on Monday. The company has a current ratio of 1.04, a quick ratio of 0.82 and a debt-to-equity ratio of 0.53. The stock has a 50-day moving average price of $13.74 and a 200-day moving average price of $14.97. The company has a market cap of $787.95 million, a PE ratio of 23.35, a price-to-earnings-growth ratio of 3.69 and a beta of 1.34. Canadian Solar has a 12-month low of $10.91 and a 12-month high of $26.85.

Institutional Investors Weigh In On Canadian Solar

Institutional investors have recently bought and sold shares of the stock. Quarry LP bought a new stake in Canadian Solar in the second quarter valued at approximately $31,000. Daiwa Securities Group Inc. increased its stake in shares of Canadian Solar by 20.3% in the third quarter. Daiwa Securities Group Inc. now owns 8,900 shares of the solar energy provider’s stock worth $149,000 after buying an additional 1,500 shares during the period. Private Advisor Group LLC bought a new stake in Canadian Solar during the 3rd quarter valued at $219,000. Northwestern Mutual Wealth Management Co. boosted its position in Canadian Solar by 43.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 15,733 shares of the solar energy provider’s stock valued at $232,000 after buying an additional 4,739 shares during the period. Finally, Virtu Financial LLC bought a new stake in Canadian Solar in the 1st quarter worth $336,000. 52.36% of the stock is currently owned by hedge funds and other institutional investors.

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.