Canadian Solar Inc. (CSIQ)

Canadian Solar Stock Forecast

Stock Price Forecast

The 9 analysts that cover Canadian Solar stock have a consensus rating of "Sell" and an average price target of $17.63, which forecasts a -22.16% decrease in the stock price over the next year. The lowest target is $10 and the highest is $37.

Price Target: $17.63 (-22.16%)

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$10	$17.63	$11	$37
Change	-55.85%	-22.16%	-51.43%	+63.36%

Analyst Ratings

The average analyst rating for Canadian Solar stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	2	2	2	2	1	1
Buy	2	2	1	1	0	0
Hold	3	3	3	2	4	4
Sell	0	0	1	1	2	2
Strong Sell	2	1	1	2	2	2
Total	9	8	8	8	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jon Windham UBS	UBS	Strong Buy Maintains $15 → $37	Strong Buy	Maintains	$15 → $37	+63.36%	Nov 19, 2025
Maheep Mandloi Mizuho	Mizuho	Buy → Sell Downgrades $15 → $21	Buy → Sell	Downgrades	$15 → $21	-7.28%	Nov 19, 2025
Philip Shen Roth Capital	Roth Capital	Hold Maintains $11 → $30	Hold	Maintains	$11 → $30	+32.45%	Nov 17, 2025
Mark Strouse JP Morgan	JP Morgan	Sell Maintains $9 → $10	Sell	Maintains	$9 → $10	-55.85%	Nov 14, 2025
Johnson Wan Jefferies	Jefferies	Strong Buy → Hold Downgrades $14 → $20	Strong Buy → Hold	Downgrades	$14 → $20	-13.29%	Nov 3, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

5.84B

Decreased by -2.54%

from 5.99B

Revenue Next Year

7.59B

Increased by 29.96%

from 5.84B

EPS This Year

-0.85

from 0.54

EPS Next Year

0.91

from -0.85

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	3.48B	5.28B	7.47B	7.61B	5.99B	5.84B	7.59B
Revenue Growth	8.62%	51.80%	41.53%	1.94%	-21.28%	-2.54%	29.96%
EPS	2.38	1.46	3.44	3.87	0.54	-0.85	0.91
EPS Growth	-16.21%	-38.63%	135.90%	12.41%	-86.05%	-	-
Forward PE	-	-	-	-	-	-	25.02
No. Analysts	-	-	-	-	-	14	14

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	6.1B	8.7B
Avg	5.8B	7.6B
Low	5.4B	6.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	1.7%	48.1%
Avg	-2.5%	30.0%
Low	-9.1%	13.6%

EPS Forecast

EPS	2025	2026	2027
High	-0.16	3.96
Avg	-0.85	0.91
Low	-1.26	-1.15

EPS Growth

EPS Growth	2025	2026	2027
High	-	-
Avg	-	-
Low	-	-

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.