In the last trading session, 1.17 million shares of the Canadian Solar Inc (NASDAQ:CSIQ) were traded, and its beta was 1.35. Most recently the company’s share price was $8.96, and it changed around -$0.22 or -2.40% from the last close, which brings the market valuation of the company to $592.93M. CSIQ currently trades at a discount to its 52-week high of $21.05, offering almost -134.93% off that amount. The share price’s 52-week low was $6.57, which indicates that the current value has risen by an impressive 26.67% since then.
Canadian Solar Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.56. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 4 recommended CSIQ as a Hold, whereas 4 deemed it a Buy, and 2 rated it as Underweight. Canadian Solar Inc is expected to report earnings per share of -1.03 for the current quarter.
Canadian Solar Inc (NASDAQ:CSIQ) trade information
Instantly CSIQ has showed a red trend with a performance of -2.40% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 9.73 on recent trading dayincreased the stock’s daily price by 7.91%. The company’s shares are currently down -19.42% year-to-date, but still down -7.15% over the last five days. On the other hand, Canadian Solar Inc (NASDAQ:CSIQ) is 18.21% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $20, which translates to bulls needing to increase their stock price by 55.2% from its current value. Analyst projections state that CSIQ is forecast to be at a low of $11 and a high of $27.
Canadian Solar Inc (CSIQ) estimates and forecasts
The year-over-year growth rate is expected to be 23.54%, up from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 1.1B in revenue for the current quarter. 8 analysts expect Canadian Solar Inc to make 1.76B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.33B and 1.64B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -17.52%. Forecasts for the next quarter put sales growth at 7.45%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -28.41%. Canadian Solar Inc earnings are expected to increase by -221.75% in 2025, but the outlook is positive 86.93% per year for the next five years.
CSIQ Dividends
Canadian Solar Inc’s next quarterly earnings report is expected to be released in June.
MACKENZIE FINANCIAL CORP, with 7.7027% or 5.12 million shares worth $75.46 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Invesco Exchange-Traded Fund Trust II-Invesco Solar ETF and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 1.64 shares worth $14.67 million, making up 2.48% of all outstanding shares. On the other hand, VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund held roughly 728.03 shares worth around $6.52 million, which represents about 1.10% of the total shares outstanding.
