Canadian Solar Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, Canadian Solar stock has a consensus rating of "Hold" and an average price target of $17.2. The average 1-year stock price forecast is 9.14% higher than the current stock price, while the lowest is $9.00 (-42.89%) and the highest is $30 (+90.36%).

Price Target: $17.2 (+9.14%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$9.00	$17.2	$16	$30
Change	-42.89%	+9.14%	+1.52%	+90.36%

Analyst Ratings

The average analyst rating for Canadian Solar stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '25	Jan '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	2	3	3	2	2
Buy	1	1	1	1	1	1
Hold	4	4	4	4	5	5
Sell	1	1	1	1	1	1
Strong Sell	3	3	2	2	2	2
Total	11	11	11	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Dmitriy Pozdnyakov Freedom Capital Markets	Freedom Capital Markets	Hold Downgrades $16	Hold	Downgrades	$16	+1.52%	May 19, 2026
Philip Shen Roth MKM	Roth MKM	Hold Reiterates $18	Hold	Reiterates	$18	+14.21%	May 15, 2026
Praneeth Satish Wells Fargo	Wells Fargo	Hold Maintains $23 → $17	Hold	Maintains	$23 → $17	+7.87%	Apr 8, 2026
Mark Strouse J.P. Morgan	J.P. Morgan	Sell Maintains $9	Sell	Maintains	$9	-42.89%	Mar 26, 2026
Maheep Mandloi Mizuho Securities	Mizuho Securities	Hold Reiterates $19 → $15	Hold	Reiterates	$19 → $15	-4.82%	Mar 23, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

6.06B

from 5.60B

8.25%

from 5.60B

Revenue Next Year

7.17B

from 6.06B

18.43%

from 6.06B

EPS This Year

-2.48

from -

EPS Next Year

-0.44

from -2.48

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	5.28B	7.47B	7.61B	5.99B	5.60B	6.06B
Revenue Growth	51.80%	41.53%	1.94%	-21.28%	-6.65%	8.25%
Gross Profit	926.46M	1.26B	1.30B	1.03B	1.09B	1.09B
Gross Margin	17.56%	16.94%	17.03%	17.23%	19.42%	17.96%
Operating Income	205.02M	413.81M	470.16M	90.55M	173.69M	171.05M
Net Income	95.25M	239.97M	274.19M	36.05M	-104.13M	-90.40M
EPS	-	-	-	-	-	-2.48
Free Cash Flow	-651.55M	427.45M	-274.33M	-2.07B	-1.04B	-670.60M
No. Analysts	-	-	-	-	-	8

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	7.1B
Avg	6.1B
Low	4.8B

Revenue Growth

Revenue Growth	2026	2027	2028
High	26.5%
Avg	8.2%
Low	-14.4%

EPS Forecast

EPS	2026	2027	2028
High	-1.90
Avg	-2.48
Low	-3.05

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-