Roth Mkm Has Lowered Expectations for Canadian Solar (NASDAQ:CSIQ) Stock Price

Canadian Solar (NASDAQ:CSIQ) had its price target reduced by Roth Mkm from $30.00 to $15.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a “neutral” rating on the solar energy provider’s stock. Roth Mkm’s price objective would suggest a potential upside of 13.12% from the stock’s previous close.

A number of other research firms have also recently weighed in on CSIQ. Oppenheimer dropped their price objective on shares of Canadian Solar from $38.00 to $19.00 and set an “outperform” rating on the stock in a report on Friday, March 20th. Weiss Ratings reissued a “sell (d+)” rating on shares of Canadian Solar in a research note on Monday, December 29th. Daiwa Securities Group upgraded shares of Canadian Solar from a “neutral” rating to an “outperform” rating and set a $30.00 price target on the stock in a research note on Tuesday, December 2nd. Finally, Mizuho raised Canadian Solar from an “underperform” rating to a “neutral” rating and cut their price target for the company from $21.00 to $19.00 in a report on Tuesday, March 17th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $17.66.

Canadian Solar Trading Up 1.2%

NASDAQ:CSIQ opened at $13.26 on Monday. The firm has a market capitalization of $888.02 million, a P/E ratio of -5.30 and a beta of 1.31. The business has a 50 day simple moving average of $19.13 and a 200 day simple moving average of $19.78. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.02 and a quick ratio of 0.83. Canadian Solar has a 12-month low of $6.57 and a 12-month high of $34.59.

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

Hedge Funds Weigh In On Canadian Solar

Institutional investors and hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC increased its stake in Canadian Solar by 646.2% during the 3rd quarter. SG Americas Securities LLC now owns 236,289 shares of the solar energy provider’s stock valued at $3,081,000 after buying an additional 204,623 shares during the period. Inceptionr LLC acquired a new stake in shares of Canadian Solar in the 2nd quarter worth approximately $152,000. Mackenzie Financial Corp boosted its holdings in shares of Canadian Solar by 7.4% in the second quarter. Mackenzie Financial Corp now owns 5,884,865 shares of the solar energy provider’s stock valued at $64,969,000 after acquiring an additional 405,800 shares in the last quarter. Legal & General Group Plc boosted its holdings in shares of Canadian Solar by 21.7% in the second quarter. Legal & General Group Plc now owns 1,815,113 shares of the solar energy provider’s stock valued at $20,039,000 after acquiring an additional 324,254 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of Canadian Solar during the third quarter valued at approximately $1,640,000. Institutional investors own 52.36% of the company’s stock.

Trending Headlines about Canadian Solar

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

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.