Canadian Solar Inc (CSIQ)
NASDAQ:CSIQ

Canadian Solar (CSIQ) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

Analyst Rating Consensus

Moderate Sell
2Ratings
0 Buy
1 Hold
1 Sell
Based on 2 analysts giving stock ratings to
Canadian
Solar
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

CSIQ Stock Price Prediction

Average Price Target

$40.00
▲(11.89% Upside)
Based on 2 Wall Street analysts offering 12 month price targets for Canadian Solar in the last 3 months. The average price target is $40.00 with a high forecast of $42.00 and a low forecast of $38.00. The average price target represents a 11.89% change from the last price of $35.75.
Highest Price Target$42.00Average Price Target$40.00Lowest Price Target$38.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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UBS
$45.00
Hold
25.87%
Upside
Reiterated
Canadian Solar (CSIQ) PT Raised to $45 at UBSUBS analyst Jon Windham raised the price target on Canadian Solar (NASDAQ: CSIQ) to $45.00 (from $35.00) while maintaining a Neutral rating.
GLJ Research
Sell
Reiterated
Chinas Tongwei started a Solar Module Price War - GLJ ResearchThe analyst reiterated their SELL ratings on both Canadian Solar (NASDAQ: CSIQ) and Jinko Solar (NASDAQ: JKS), as well as Daqo (NYSE: DQ).
Oppenheimer
$55.00
Buy
53.85%
Upside
Reiterated
Canadian Solar (CSIQ) PT Raised to $55 at OppenheimerOppenheimer analyst Colin W. Rusch raised the price target on Canadian Solar (NASDAQ: CSIQ) to $55.00 (from $54.00) while maintaining a Outperform rating.
Citigroup
$45.00
Buy
25.87%
Upside
Reiterated
Canadian Solar price target raised to $45 from $40 at CitiCanadian Solar price target raised to $45 from $40 at Citi
Wells Fargo
$35.00
Hold
-2.10%
Downside
Reiterated
Canadian Solar (CSIQ) PT Raised to $35 at Wells FargoWells Fargo analyst Praneeth Satish raised the price target on Canadian Solar (NASDAQ: CSIQ) to $35.00 (from $31.00) while maintaining a Equal Weight rating.
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CSIQ Financial Forecast

CSIQ Earnings Forecast
Next quarter’s earnings estimate for CSIQ is $0.31 with a range of $0.16 to $0.53. The previous quarter’s EPS was $1.12. CSIQ beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.87% of the time in the same period. In the last calendar year CSIQ has Outperformed its overall industry.
Next quarter’s earnings estimate for CSIQ is $0.31 with a range of $0.16 to $0.53. The previous quarter’s EPS was $1.12. CSIQ beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.87% of the time in the same period. In the last calendar year CSIQ has Outperformed its overall industry.
CSIQ Sales Forecast
Next quarter’s sales forecast for CSIQ is $1.86B with a range of $1.84B to $1.94B. The previous quarter’s sales results were ―. CSIQ beat its sales estimates 33.33% of the time in past 12 months, while its overall industry beat sales estimates 67.31% of the time in the same period. In the last calendar year CSIQ has Underperformed its overall industry.
Next quarter’s sales forecast for CSIQ is $1.86B with a range of $1.84B to $1.94B. The previous quarter’s sales results were ―. CSIQ beat its sales estimates 33.33% of the time in past 12 months, while its overall industry beat sales estimates 67.31% of the time in the same period. In the last calendar year CSIQ has Underperformed its overall industry.
CSIQ Analyst Recommendation Trends
In the current month, CSIQ has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The CSIQ average analyst price target in the past 3 months is $40.00
In the current month, CSIQ has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The CSIQ average analyst price target in the past 3 months is $40.00

CSIQ Stock Forecast FAQ

What is CSIQ’s average 12-month price target, according to analysts?
Based on analyst ratings, Canadian Solar’s 12-month average price target is $40.00.
    What is CSIQ’s upside potential, based on the analysts’ average price target?
    Canadian Solar has 11.89% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is CSIQ a Buy, Sell or Hold?
          Canadian Solar has a conensus rating of Moderate Sell which is based on 0 buy ratings, 1 hold ratings and 1 sell ratings.
            What is Canadian Solar’s price target?
            The average price target for Canadian Solar is $40.00. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $42.00 ,the lowest forecast is $38.00. The average price target represents 11.89% Increase from the current price of $35.75.
              What do analysts say about Canadian Solar?
              Canadian Solar’s analyst rating consensus is a ‘Moderate Sell. This is based on the ratings of 2 Wall Streets Analysts.

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