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Canadian Solar - CSIQ Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $39.00
  • Forecasted Upside: -3.82%
  • Number of Analysts: 5
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$40.55 As of 02/6/2023 01:00 AM ET
▼ -0.08 (-0.20%)

This chart shows the closing price for CSIQ by one month, three months, or twelve months.

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Analyst Price Target for CSIQ

Analyst Price Target is $39.00
▼ -3.82% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Canadian Solar in the last 3 months. The average price target is $39.00, with a high forecast of $45.00 and a low forecast of $33.00. The average price target represents a -3.82% upside from the last price of $40.55.

This chart shows the closing price for CSIQ for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 5 polled investment analysts is to hold stock in Canadian Solar. This rating has held steady since August 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
8/15/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 2 sell ratings
Ratings as of
11/13/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
2/11/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
5/12/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
8/10/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
11/8/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
1/7/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
2/6/2023

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/30/2023The Goldman Sachs GroupBoost Target$33.00 ➝ $36.00Low
1/6/2023Wells Fargo & CompanyLower TargetEqual Weight$38.00 ➝ $33.00Low
11/23/2022Roth CapitalReiterated RatingBuyLow
10/20/2022JPMorgan Chase & Co.Lower TargetNeutral$48.00 ➝ $42.00Low
9/7/2022The Goldman Sachs GroupDowngradeNeutral ➝ Sell$43.00 ➝ $38.00Low
8/19/2022JPMorgan Chase & Co.Boost Target$42.00 ➝ $48.00Low
8/19/2022The Goldman Sachs GroupBoost TargetNeutral$38.00 ➝ $43.00Low
8/8/2022JPMorgan Chase & Co.Boost TargetNeutral$38.00 ➝ $42.00Low
7/20/2022JPMorgan Chase & Co.Boost Target$36.00 ➝ $38.00Low
3/28/2022CitigroupBoost TargetBuy$40.00 ➝ $45.00Low
3/18/2022JPMorgan Chase & Co.Lower Target$41.00 ➝ $39.00High
1/28/2022CitigroupLower Target$46.00 ➝ $40.00Low
1/20/2022JPMorgan Chase & Co.Lower Target$50.00 ➝ $41.00Low
12/21/2021CitigroupLower TargetBuy$53.00 ➝ $46.00Medium
11/22/2021Wells Fargo & CompanyInitiated CoverageEqual Weight$44.00High
10/4/2021CitigroupLower TargetReduce ➝ Buy$57.00 ➝ $51.00High
8/18/2021UBS GroupDowngradeBuy ➝ Sell$18.00Low
7/21/2021JPMorgan Chase & Co.Boost TargetAverage ➝ Neutral$49.00 ➝ $51.00Medium
7/2/2021The Goldman Sachs GroupBoost TargetNeutral$43.00 ➝ $47.00Low
5/25/2021CitigroupLower TargetBuy$63.00 ➝ $58.00Low
3/23/2021CitigroupLower Target$71.00 ➝ $63.00Low
3/23/2021Roth CapitalBoost TargetBuy$50.00 ➝ $55.00Low
3/8/2021JPMorgan Chase & Co.Lower TargetNeutral$54.00 ➝ $46.00Low
1/20/2021JPMorgan Chase & Co.Boost TargetNeutral$50.00 ➝ $54.00High
1/8/2021Smith Barney CitigroupInitiated CoverageBuy$71.00Low
1/4/2021The Goldman Sachs GroupDowngradeBuy ➝ Neutral$43.00 ➝ $48.00N/A
12/9/2020JPMorgan Chase & Co.Boost TargetNeutral$35.00 ➝ $42.00High
11/25/2020CICC ResearchUpgradeMarket Perform ➝ Outperform$48.00High
11/20/2020OppenheimerBoost TargetOutperform$33.00 ➝ $48.00High
11/20/2020Roth CapitalBoost TargetBuy$32.00 ➝ $50.00High
11/9/2020The Goldman Sachs GroupBoost TargetBuy$42.00 ➝ $44.00High
10/21/2020JPMorgan Chase & Co.Boost TargetNeutral$30.00 ➝ $35.00High
8/7/2020OppenheimerReiterated RatingBuy$33.00High
7/29/2020JPMorgan Chase & Co.Boost TargetNeutral$24.00 ➝ $28.00Low
5/29/2020CfraUpgradeHold ➝ Buy$20.00 ➝ $22.00Low
5/28/2020OppenheimerReiterated RatingBuy$25.00High
1/3/2020The Goldman Sachs GroupUpgradeNeutral ➝ BuyLow
12/2/2019Roth CapitalReiterated RatingBuy$32.00High
8/16/2019Roth CapitalBoost TargetBuy$27.00 ➝ $32.00High
8/16/2019Cascend SecuritiesReiterated RatingBuy ➝ Buy$25.00 ➝ $30.00Low
6/21/2019JPMorgan Chase & Co.Set TargetHold$25.00Low
4/11/2019JPMorgan Chase & Co.Initiated CoverageNeutral$22.00Low
3/1/2019Standpoint ResearchDowngradeBuy ➝ HoldLow
2/20/2019Cascend SecuritiesUpgradeHold ➝ Buy$21.00 ➝ $27.00High
2/11/2019UBS GroupUpgradeSell ➝ Neutral$23.00Medium
1/3/2019The Goldman Sachs GroupUpgradeNeutral ➝ Buy$14.00 ➝ $19.00Low
12/18/2018Cascend SecuritiesUpgradeHold ➝ BuyMedium
11/16/2018The Goldman Sachs GroupSet TargetHold$14.00Low
11/15/2018Roth CapitalReiterated RatingBuyMedium
11/15/2018JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$17.00High
10/22/2018JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$15.00 ➝ $15.00High
8/23/2018B. RileyLower TargetNeutral ➝ Hold$18.00 ➝ $17.00Medium
8/15/2018B. RileySet TargetHold$18.00Low
6/7/2018JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$17.00 ➝ $15.00High
5/17/2018B. RileySet TargetHold$18.00Low
3/27/2018JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$17.51 ➝ $17.00High
3/20/2018OppenheimerLower TargetOutperform$32.00 ➝ $19.00Medium
3/20/2018B. RileyReiterated RatingHold$18.00Low
3/15/2018UBS GroupInitiated CoverageSell$15.00Medium
3/15/2018B. RileySet TargetNeutral$15.00 ➝ $18.00Medium
(Data available from 2/7/2018 forward)

News Sentiment Rating

0.83 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/12/2022
  • 5 very positive mentions
  • 4 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/11/2022
  • 12 very positive mentions
  • 16 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/10/2022
  • 2 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/10/2022
  • 1 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/9/2022
  • 2 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/9/2022
  • 4 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/8/2023
  • 11 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
2/7/2023

Current Sentiment

  • 11 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Canadian Solar logo
Canadian Solar, Inc. engages in the manufacture of solar photovoltaic modules and provides solar energy solutions. It operates through the Module and System Solutions (MSS) and Energy segments. The MSS segment involves in the design, development, manufacture, and sales of solar power products and solar system kits, and operation and maintenance services. The Energy segment comprises primarily of the development and sale of solar projects, operating solar power projects and the sale of electricity. The company was founded by Shawn Qu in October 2001 and is headquartered in Guelph, Canada.
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Today's Range

Now: $40.55
Low: $39.55
High: $40.80

50 Day Range

MA: $36.65
Low: $29.40
High: $43.18

52 Week Range

Now: $40.55
Low: $22.15
High: $47.69

Volume

793,692 shs

Average Volume

1,283,558 shs

Market Capitalization

$2.60 billion

P/E Ratio

14.91

Dividend Yield

N/A

Beta

1.44

Frequently Asked Questions

What sell-side analysts currently cover shares of Canadian Solar?

The following Wall Street analysts have issued stock ratings on Canadian Solar in the last twelve months: Citigroup Inc., JPMorgan Chase & Co., Roth Capital, StockNews.com, The Goldman Sachs Group, Inc., and Wells Fargo & Company.
View the latest analyst ratings for CSIQ.

What is the current price target for Canadian Solar?

4 Wall Street analysts have set twelve-month price targets for Canadian Solar in the last year. Their average twelve-month price target is $39.00, suggesting a possible downside of 3.8%. Citigroup Inc. has the highest price target set, predicting CSIQ will reach $45.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $33.00 for Canadian Solar in the next year.
View the latest price targets for CSIQ.

What is the current consensus analyst rating for Canadian Solar?

Canadian Solar currently has 1 sell rating, 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CSIQ, but not buy more shares or sell existing shares.
View the latest ratings for CSIQ.

What other companies compete with Canadian Solar?

Other companies that are similar to Canadian Solar include JinkoSolar, SunPower, Maxeon Solar Technologies, Shoals Technologies Group and Arch Resources. Learn More about companies similar to Canadian Solar.

How do I contact Canadian Solar's investor relations team?

Canadian Solar's physical mailing address is 545 SPEEDVALE AVENUE WEST GUELPH, ONTARIO A6, N1K 1E6. The solar energy provider's listed phone number is (519) 837-1881 and its investor relations email address is [email protected] The official website for Canadian Solar is www.canadiansolar.com. Learn More about contacing Canadian Solar investor relations.