Canadian Solar Q3 EPS Estimate Lowered by Zacks Research

Canadian Solar Inc. (NASDAQ:CSIQ) – Zacks Research dropped their Q3 2025 earnings estimates for Canadian Solar in a report released on Tuesday, January 7th. Zacks Research analyst R. Department now expects that the solar energy provider will earn $0.17 per share for the quarter, down from their previous estimate of $0.18. The consensus estimate for Canadian Solar’s current full-year earnings is $0.06 per share. Zacks Research also issued estimates for Canadian Solar’s FY2025 earnings at $0.12 EPS and Q4 2026 earnings at $0.40 EPS.

Canadian Solar (NASDAQ:CSIQ) last released its quarterly earnings data on Thursday, December 5th. The solar energy provider reported ($0.31) earnings per share for the quarter, topping the consensus estimate of ($0.44) by $0.13. Canadian Solar had a return on equity of 0.02% and a net margin of 0.01%. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter last year, the business posted $0.32 EPS. The business’s revenue was down 18.4% on a year-over-year basis.

A number of other equities research analysts have also weighed in on CSIQ. Citigroup lowered shares of Canadian Solar from a “neutral” rating to a “sell” rating and cut their target price for the company from $19.00 to $11.00 in a research note on Tuesday, October 22nd. Jefferies Financial Group initiated coverage on Canadian Solar in a research report on Friday, November 22nd. They set a “buy” rating and a $14.15 price objective on the stock. StockNews.com raised Canadian Solar from a “sell” rating to a “hold” rating in a research report on Tuesday. The Goldman Sachs Group lowered Canadian Solar from a “neutral” rating to a “sell” rating and dropped their price target for the company from $14.00 to $11.00 in a research report on Tuesday, December 17th. Finally, Wells Fargo & Company decreased their price objective on Canadian Solar from $13.00 to $10.00 and set an “equal weight” rating for the company in a report on Wednesday. Four equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $18.31.

Canadian Solar Stock Performance

NASDAQ:CSIQ opened at $12.21 on Thursday. The company has a quick ratio of 0.85, a current ratio of 1.06 and a debt-to-equity ratio of 0.65. The firm’s fifty day simple moving average is $12.27 and its 200 day simple moving average is $13.73. The stock has a market cap of $807.80 million, a P/E ratio of -101.75, a price-to-earnings-growth ratio of 8.89 and a beta of 1.27. Canadian Solar has a twelve month low of $10.60 and a twelve month high of $25.43.

Institutional Investors Weigh In On Canadian Solar

Institutional investors have recently made changes to their positions in the company. Quarry LP bought a new stake in shares of Canadian Solar during the second quarter valued at approximately $31,000. Daiwa Securities Group Inc. increased its holdings in shares of Canadian Solar by 20.3% in the 3rd quarter. Daiwa Securities Group Inc. now owns 8,900 shares of the solar energy provider’s stock worth $149,000 after purchasing an additional 1,500 shares in the last quarter. Private Advisor Group LLC purchased a new position in shares of Canadian Solar in the third quarter worth $219,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Canadian Solar by 43.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 15,733 shares of the solar energy provider’s stock valued at $232,000 after purchasing an additional 4,739 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in Canadian Solar by 8.0% in the 2nd quarter. American Century Companies Inc. now owns 18,716 shares of the solar energy provider’s stock worth $276,000 after buying an additional 1,383 shares in the last quarter. Hedge funds and other institutional investors own 52.36% of the company’s stock.

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.