Oppenheimer Cuts Canadian Solar (NASDAQ:CSIQ) Price Target to $19.00

Canadian Solar (NASDAQ:CSIQ) had its price objective cut by Oppenheimer from $38.00 to $19.00 in a report issued on Friday morning,Benzinga reports. They currently have an outperform rating on the solar energy provider’s stock.

A number of other research analysts have also weighed in on CSIQ. Mizuho raised Canadian Solar from an “underperform” rating to a “neutral” rating and cut their price objective for the company from $21.00 to $19.00 in a report on Tuesday, March 17th. Daiwa Securities Group raised shares of Canadian Solar from a “neutral” rating to an “outperform” rating and set a $30.00 price target for the company in a research report on Tuesday, December 2nd. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Canadian Solar in a report on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $19.56.

Canadian Solar Stock Performance

Shares of Canadian Solar stock opened at $14.24 on Friday. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.97. Canadian Solar has a 52 week low of $6.57 and a 52 week high of $34.59. The firm has a market capitalization of $953.32 million, a P/E ratio of -5.69 and a beta of 1.31. The company has a 50 day moving average price of $19.45 and a 200 day moving average price of $19.74.

Canadian Solar (NASDAQ:CSIQ) last posted its quarterly earnings results on Thursday, March 19th. The solar energy provider reported ($1.66) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.10) by ($0.56). Canadian Solar had a negative return on equity of 4.95% and a negative net margin of 1.86%.The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.37 billion. During the same period in the prior year, the business posted $0.48 EPS. The company’s quarterly revenue was down 20.0% on a year-over-year basis. Sell-side analysts expect that Canadian Solar will post -0.23 EPS for the current year.

Institutional Investors Weigh In On Canadian Solar

Several institutional investors have recently bought and sold shares of the company. China Universal Asset Management Co. Ltd. purchased a new stake in Canadian Solar during the 4th quarter worth approximately $48,000. Quarry LP purchased a new position in shares of Canadian Solar in the fourth quarter valued at approximately $54,000. Taikang Asset Management Hong Kong Co Ltd acquired a new stake in shares of Canadian Solar in the fourth quarter worth approximately $69,000. Raymond James Financial Inc. acquired a new stake in shares of Canadian Solar in the second quarter worth approximately $33,000. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of Canadian Solar by 335.1% during the third quarter. Caitong International Asset Management Co. Ltd now owns 3,198 shares of the solar energy provider’s stock worth $42,000 after purchasing an additional 2,463 shares in the last quarter. 52.36% of the stock is currently owned by institutional investors and hedge funds.

Canadian Solar News Summary

Here are the key news stories impacting Canadian Solar this week:

• Positive Sentiment: Better long‑term sales data: Canadian Solar reported 24.3 GW of module shipments for 2025 with a record 8.1 GW delivered to the U.S., showing strong customer traction in its largest growth market. PR: Full Year Results
• Positive Sentiment: Sector rally helped shares recover intraday as other solar names surged, lifting CSIQ despite company-specific headwinds. This suggests investor interest in the group is providing some buying support. Sector Rally Article
• Neutral Sentiment: Mizuho changed its stance, upgrading Canadian Solar to “Neutral” — a modest vote of confidence but not an optimistic tilt. Mizuho Upgrade
• Neutral Sentiment: Oppenheimer cut its price target from $38 to $19 but left an “Outperform” rating, reflecting a view that downside has been materially re‑priced even as longer‑term upside remains. Oppenheimer Note
• Negative Sentiment: Major earnings miss and weak guidance: CSIQ reported a Q4 loss of $1.66/sh (vs. consensus ≈ -$1.10) and revenue of $1.22B (vs. ~ $1.37B), citing falling module shipments and margin pressure; the miss and soft Q1 outlook triggered a sharp pre‑market selloff. Earnings Miss
• Negative Sentiment: Investor litigation attention: a law firm is investigating potential claims related to Canadian Solar executives, which can increase headline risk and investor uncertainty. Investigation Notice
• Negative Sentiment: Earnings call and analyst writeups emphasize a prolonged sector downturn and regulatory headwinds that pressured results, reinforcing near‑term downside risk until margins and volumes stabilize. Earnings Call Transcript

Canadian Solar Company Profile

Canadian Solar Inc (NASDAQ: CSIQ) is a global renewable energy company that specializes in the design, development and manufacturing of solar photovoltaic (PV) modules and system solutions. Founded in 2001 and headquartered in Guelph, Ontario, the company has grown to become one of the world’s largest solar module suppliers. Canadian Solar offers a comprehensive portfolio of products, including mono- and multi-crystalline solar cells and modules, as well as advanced energy storage and system integration solutions tailored for residential, commercial and utility-scale applications.

In addition to manufacturing solar components, Canadian Solar provides end-to-end services encompassing project development, engineering, procurement and construction (EPC), as well as operations and maintenance.