Mizuho Lowers Canadian Solar (NASDAQ:CSIQ) Price Target to $15.00

Canadian Solar (NASDAQ:CSIQ) had its price objective lowered by equities researchers at Mizuho from $19.00 to $15.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a “neutral” rating on the solar energy provider’s stock. Mizuho’s price objective indicates a potential upside of 13.12% from the company’s previous close.

A number of other research analysts also recently issued reports on CSIQ. Daiwa Securities Group raised shares of Canadian Solar from a “neutral” rating to an “outperform” rating and set a $30.00 price objective on the stock in a research report on Tuesday, December 2nd. Oppenheimer decreased their target price on shares of Canadian Solar from $38.00 to $19.00 and set an “outperform” rating for the company in a research report on Friday, March 20th. Roth Mkm cut their price target on shares of Canadian Solar from $30.00 to $15.00 and set a “neutral” rating on the stock in a report on Monday. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Canadian Solar in a research report on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $17.66.

Canadian Solar Price Performance

Shares of CSIQ stock opened at $13.26 on Monday. The stock’s 50-day moving average is $19.13 and its 200 day moving average is $19.78. Canadian Solar has a 1-year low of $6.57 and a 1-year high of $34.59. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.02 and a quick ratio of 0.83. The company has a market cap of $888.02 million, a P/E ratio of -5.30 and a beta of 1.31.

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

Hedge Funds Weigh In On Canadian Solar

Several hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new position in shares of Canadian Solar in the 2nd quarter valued at approximately $33,000. Caitong International Asset Management Co. Ltd grew its position in Canadian Solar by 335.1% during the 3rd 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 during the last quarter. China Universal Asset Management Co. Ltd. purchased a new stake in Canadian Solar during the 4th quarter worth approximately $48,000. Quarry LP acquired a new position in Canadian Solar during the 4th quarter valued at approximately $54,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Canadian Solar by 7.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,796 shares of the solar energy provider’s stock worth $63,000 after buying an additional 312 shares during the last quarter. Institutional investors and hedge funds own 52.36% of the company’s stock.

Key Canadian Solar News

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

• Positive Sentiment: Industry demand signal — SMM PV reports Canadian Solar’s expected U.S. module shipments for 2026 of roughly 6.5–7 GW, supporting longer‑term sales potential in a large market. SMM PV News
• Neutral Sentiment: Short‑interest reports show a reported “large increase” in March, but the filings in the feed list 0 shares and NaN changes — the data appears inconsistent and likely a reporting glitch, so impact on the stock is unclear.
• Neutral Sentiment: Media commentary/questioning investor stance — CantechLetter published a piece asking whether investors should sell CSIQ, which can increase attention and intraday flow but doesn’t itself change fundamentals. Should you sell your Canadian Solar stock?
• Negative Sentiment: Analyst downward revisions — Roth MKM and Mizuho trimmed Canadian Solar’s price target to $15 and set “neutral” ratings (from much higher targets), signaling reduced near‑term expectations and adding selling pressure. Benzinga
• Negative Sentiment: Oppenheimer cut its price target (reported) to $19, another indication analysts are lowering near‑term valuations after weaker results. Oppenheimer Cut
• Negative Sentiment: Fundamental pressure — recent coverage highlights a wider Q4 2025 loss and weaker sales, which have already prompted analyst downgrades and explain continued investor caution on earnings and margins. Valuation Assessment

About Canadian Solar

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.