Canadian Solar Inc. (CSIQ)
NASDAQ: CSIQ · Real-Time Price · USD
9.23
-0.36 (-3.75%)
At close: Mar 28, 2025, 4:00 PM
9.22
-0.01 (-0.11%)
After-hours: Mar 28, 2025, 7:57 PM EDT
Canadian Solar Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Canadian Solar stock have an average target of 17.84, with a low estimate of 9.00 and a high estimate of 35. The average target predicts an increase of 93.28% from the current stock price of 9.23.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Canadian Solar stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 3 |
| Total | 10 | 10 | 11 | 11 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $11 → $9 | Strong Sell | Maintains | $11 → $9 | -2.49% | Mar 26, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $13 → $10 | Hold | Maintains | $13 → $10 | +8.34% | Jan 8, 2025 |
| Mizuho | Mizuho | Buy Initiates $20 | Buy | Initiates | $20 | +116.68% | Dec 13, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $15 → $13 | Hold | Maintains | $15 → $13 | +40.85% | Dec 5, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $14 | Strong Buy | Initiates | $14 | +53.30% | Nov 22, 2024 |
Financial Forecast
Revenue This Year
7.52B
from 5.99B
Increased by 25.52%
Revenue Next Year
8.71B
from 7.52B
Increased by 15.71%
EPS This Year
-0.17
from 0.54
EPS Next Year
1.94
from -0.17
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 9.1B | 11.1B | 12.7B | ||
| Avg | 7.5B | 8.7B | 11.3B | ||
| Low | 6.2B | 6.2B | 9.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 52.2% | 47.2% | 46.2% | ||
| Avg | 25.5% | 15.7% | 29.4% | ||
| Low | 2.6% | -17.1% | 13.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 3.34 | 6.37 | 7.74 |
| Avg | -0.17 | 1.94 | 7.52 |
| Low | -8.99 | -2.81 | 7.22 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 518.3% | - | 298.3% |
| Avg | - | - | 286.9% |
| Low | - | - | 271.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.