Canadian Solar Inc. (CSIQ)
NASDAQ: CSIQ · Real-Time Price · USD
18.89
+0.79 (4.36%)
May 22, 2026, 4:00 PM EDT - Market closed
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 $18.29. The average 1-year stock price forecast is 3.18% lower than the current stock price, while the lowest is $9.00 (-52.36%) and the highest is $37 (+95.87%).
Price Target: $18.29 (-3.18%)
Analyst Consensus: Hold
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 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 2 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 10 | 10 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Freedom Broker | Freedom Broker | Strong Buy → Hold Downgrades $16 | Strong Buy → Hold | Downgrades | $16 | -15.30% | May 19, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $23 → $17 | Hold | Maintains | $23 → $17 | -10.01% | Apr 8, 2026 |
| Roth Capital | Roth Capital | Hold Maintains $30 → $15 | Hold | Maintains | $30 → $15 | -20.59% | Mar 23, 2026 |
| Mizuho | Mizuho | Hold Maintains $19 → $15 | Hold | Maintains | $19 → $15 | -20.59% | Mar 23, 2026 |
| Oppenheimer | Oppenheimer | Buy Maintains $38 → $19 | Buy | Maintains | $38 → $19 | +0.58% | Mar 20, 2026 |
Financial Forecast
Revenue This Year
6.52B
from 5.60B
Increased by 16.60%
Revenue Next Year
7.65B
from 6.52B
Increased by 17.29%
EPS This Year
-0.21
from -2.50
EPS Next Year
0.91
from -0.21
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 |
|---|---|---|---|---|---|---|
| High | 7.4B | 8.7B | ||||
| Avg | 6.5B | 7.7B | ||||
| Low | 5.3B | 6.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 |
|---|---|---|---|---|---|---|
| High | 32.8% | 33.5% | ||||
| Avg | 16.6% | 17.3% | ||||
| Low | -4.9% | -1.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.64 | 2.24 | |
| Avg | -0.21 | 0.91 | |
| Low | -1.79 | -0.82 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | - | |
| Avg | - | - | |
| Low | - | - |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.