CSIQCSIQTechnology · Solar

CSIQ Stock Forecast: Canadian Solar, Inc. Price Predictions for 2026-2027

Last close, 4 Nov 2026
$11
+6.63% on the day

The 12 Wall Street analysts covering Canadian Solar, Inc. hold a median 12-month price target of $16 — +44.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 17 of 100 as at 3 Nov 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$638.9M
Ticker Nerd rank
17/ 100
Median analyst target
$16
Analysts covering
12
Revenue$1.2B−28.7% y/y
Operating income−$71.1M
Net income−$85.8M
Free cash flow−$375.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+12.3%
1M
−3.8%
YTD
−54.7%
1Y
−51.0%
From 52W high
−67.9%
From 52W low
+21.7%
$9
$34
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

CSIQ stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Canadian Solar, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 3 Nov 2026
17/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Quality
58
Size
48
Value
41
Volatility
38
Growth
36
Momentum
31
Revisions
27
Issuance
26
Accruals
21

Quality (58): The business earns solid, repeatable profits on what it owns.

Accruals (21): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

CSIQ stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on CSIQ, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$10$15$20$25$30Jan 26Apr 26Jul 26Oct 26CSIQHigh $30Median $16Low $8

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says12 analysts
4 Buy6 Hold2 Sell
Low $8Median $16High $30

The green dot is the last close — the median target sits +44.6% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 2 moved their price target up and 4 moved it down.

DateFirmActionRatingTarget
19 Oct 2026JP MorganMaintainsUnderweight$9.00 → $8.00
14 Oct 2026UBSMaintainsBuy$25 → $16
31 Aug 2026Wells FargoMaintainsEqual-Weight$18 → $17
31 Aug 2026Wells FargoMaintainsEqual-Weight—
28 Aug 2026MizuhoMaintainsNeutral$18 → $17
28 Aug 2026MizuhoMaintainsNeutral—
27 Aug 2026GLJ ResearchReiteratesSell$5.58
27 Aug 2026GLJ ResearchReiteratesSell—
22 July 2026CitigroupUpgradeNeutral$11 → $18
22 July 2026CitigroupUpgradeNeutral—
15 June 2026MizuhoMaintainsNeutral—
15 June 2026MizuhoMaintainsNeutral$15 → $18
19 May 2026Freedom BrokerDowngradeHold—
8 Apr 2026Wells FargoMaintainsEqual-Weight—
23 Mar 2026MizuhoMaintainsNeutral—
23 Mar 2026Roth CapitalMaintainsNeutral—
20 Mar 2026OppenheimerMaintainsOutperform—
17 Mar 2026MizuhoUpgradeNeutral—
24 Nov 2025Freedom BrokerMaintainsHold—
19 Nov 2025MizuhoDowngradeUnderperform—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

CSIQ appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

CSIQ vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 4 Nov 2026, Canadian Solar, Inc. returned −51.0% against +14.8% for the S&P 500, dividends included.

CSIQ vs S&P 500, last 12 monthsTotal return, rebased to 100
406080100120140Jan 26Apr 26Jul 26Oct 26CSIQS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

CSIQ analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingThis fiscal year
Analysts raising
0
Analysts cutting
1
Fundamentals

Canadian Solar, Inc. (CSIQ) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
20.1×

Cheaper than 37% of US stocks

Price / sales
0.1×

Cheaper than 94% of US stocks

Price / book
0.2×

Cheaper than 87% of US stocks

EV / EBITDA
12.7×

Cheaper than 29% of US stocks

Growth & margins
Revenue growth (YoY)
−28.7%

Higher than 9% of US stocks

Earnings growth (YoY)
−28.7%

Higher than 17% of US stocks

Gross margin
13.9%

Higher than 13% of US stocks

Operating margin
−5.9%

Higher than 26% of US stocks

Net margin
−3.7%

Higher than 25% of US stocks

Returns & dividend
Return on equity
−6.0%

Higher than 39% of US stocks

Return on assets
0.4%

Higher than 45% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Canadian Solar, Inc. (CSIQ) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Canadian Solar, Inc. has a market value of $638.9M and an enterprise value of $8.0B.

  • Revenue in the twelve months to 30 June 2026: $5.0B. The latest quarter shrank 28.7% year on year.

  • Net income over the same four quarters: −$251.2M, a −5.0% net margin.

  • Diluted earnings per share, trailing twelve months: $−3.84.

  • Free cash flow in the twelve months to 30 June 2026: −$1.6B.

  • Shares outstanding: 67.9M.

  • Trailing P/E: 20.1×; forward P/E: −109.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Canadian Solar, Inc. employs 12,587 people — $396K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 3 Nov 2026

Data provided by Twelve Data

Peers

CSIQ vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSolar
CompanyMarket capTKN rank
CSIQCanadian Solar, Inc.$638.9M17
ARRYArray Technologies, Inc.$710.1M58
SHLSShoals Technologies Group, Inc.$1.4B55
SEDGSolarEdge Technologies, Inc.$2.0B57
RUNSunrun, Inc.$2.1B21
TOYOTOYO Co. Ltd.$211.5M78
ENPHEnphase Energy, Inc.$4.0B36

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Canadian Solar, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest CSIQ news & analysis

Recurrent Energy Completes Sale of Two 100 MW / 400 MWh BESS Projects in France to BW ESS

PRNewsWire · 29 Oct 2026positive

Recurrent Energy, a Canadian Solar subsidiary, announced the sale to BW ESS of two standalone battery energy storage projects in France, totaling 200 MW / 800 MWh.

Why it matters — The transaction highlights Recurrent Energy's development and monetization of energy storage projects, relevant to Canadian Solar as its parent company.

New Strong Sell Stocks for October 21st

Zacks Investment Research · 21 Oct 2026negative

Zacks Investment Research added Canadian Solar (CSIQ), along with ALVO and AESI, to its Zacks Rank #5 (Strong Sell) list on October 21, 2026.

Why it matters — CSIQ watchers may note the stock’s inclusion on Zacks’ Strong Sell list.

New Strong Sell Stocks for October 16th

Zacks Investment Research · 16 Oct 2026negative

Zacks Investment Research added Canadian Solar (CSIQ), along with BRCB and VLRS, to its Zacks Rank #5 (Strong Sell) List on October 16, 2026.

Why it matters — The listing is a research rating update that CSIQ watchers may note.

Recurrent Energy Achieves Commercial Operation of 200 MWp Villameca Solar Project in Spain

PRNewsWire · 15 Oct 2026positive

Recurrent Energy, a Canadian Solar subsidiary, announced that its 200 MWp Villameca solar project in Spain has begun commercial operations. The company expects to have approximately 1 GW of solar capacity operating in Spain by year-end.

Why it matters — The project adds operating solar capacity to Recurrent Energy’s portfolio in Spain, where it expects to reach approximately 1 GW by year-end.

e‑STORAGE to Supply and Commission 100 MW/200 MWh Battery Storage System for OX2 in New South Wales

PRNewsWire · 6 Oct 2026positive

Canadian Solar announced that its e-STORAGE business signed an agreement to supply and commission a 100 MW/200 MWh battery storage system for OX2’s Muswellbrook Solar Farm and Battery project in New South Wales. Shipments are scheduled to begin in Q3 2027, with commercial operation targeted for Q3 2028.

Why it matters — The agreement adds a named battery-storage project to e-STORAGE’s announced work in Australia, with deliveries and operations scheduled for future quarters.

FAQ

Frequently asked questions about CSIQ stock

What is the CSIQ stock price forecast for 2026-2027?

The 12 Wall Street analysts covering Canadian Solar, Inc. have a median 12-month price target of $16, with estimates ranging from $8 to $30. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is CSIQ stock a buy right now?

Of the 12 analysts covering Canadian Solar, Inc., 4 rate it a Buy, 6 a Hold and 2 a Sell. Ticker Nerd's systematic factor model ranks Canadian Solar, Inc. 17 out of 100 across roughly 4,600 US stocks as at 3 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CSIQ?

As at 3 Nov 2026, Canadian Solar, Inc. ranks 17 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (58 of 100).

Will CSIQ stock go up?

No one can know that. What the data says: the median 12-month target from 12 analysts implies +44.6% from the last close, and Ticker Nerd's factor model ranks Canadian Solar, Inc. 17 out of 100 as at 3 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the CSIQ stock forecast for 2030?

No analyst covering Canadian Solar, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CSIQ are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $8 to $30 over the next 12 months.

How has CSIQ stock performed over the past year?

Canadian Solar, Inc. returned -51.0% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Canadian Solar, Inc. do?

Canadian Solar Inc. is a solar technology and renewable energy company that provides solar energy and battery energy storage products and solutions for customers across utility, commercial, industrial, and residential markets.

What is the latest news on CSIQ?

The most recent item we track (PRNewsWire, 29 Oct 2026): "Recurrent Energy Completes Sale of Two 100 MW / 400 MWh BESS Projects in France to BW ESS". Recurrent Energy, a Canadian Solar subsidiary, announced the sale to BW ESS of two standalone battery energy storage projects in France, totaling 200 MW / 800 MWh.

Company

About Canadian Solar, Inc.

Canadian Solar Inc. is a solar technology and renewable energy company that provides solar energy and battery energy storage products and solutions for customers across utility, commercial, industrial, and residential markets. Its portfolio includes solar photovoltaic modules, solar cells, system kits, inverters, racking systems, and related power electronics, along with battery storage systems and integrated energy solutions. The company also develops, constructs, operates, and maintains utility-scale solar and storage projects through its project development business, serving utilities, grid operators, corporate buyers, and other energy users. Canadian Solar Inc. operates globally, with products and services used across Asia, the Americas, Europe, and other international markets. Founded in 2001 and headquartered in Guelph, Ontario, the company is recognized as an integrated supplier spanning manufacturing, project development, and long-term energy asset services.

CEO Mr. Colin Parkin · 12,587 employees · Canada · https://www.canadiansolar.com