Canadian Solar
(NASDAQ:CSIQ)
$19.83
0.43[2.22%]
At close: Mar 28
$19.83
0[0.00%]
After Hours: 7:57PM EDT
Consensus Rating1
Buy
Highest Price Target1
$51.00
Lowest Price Target1
$9.10
Consensus Price Target1
$30.23

Canadian Solar Stock (NASDAQ:CSIQ), Analyst Ratings, Price Targets, Predictions

Canadian Solar Inc has a consensus price target of $30.23, established from looking at the 37 latest analyst ratings. The last 3 analyst ratings were released from Wells Fargo, Citigroup, and Goldman Sachs on March 19, 2024, March 15, 2024, and March 15, 2024. With an average price target of $23.67 between Wells Fargo, Citigroup, and Goldman Sachs, there's an implied 19.35% upside for Canadian Solar Inc from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Oct 23
2
Nov 23
2
1
Dec 23
1
Jan
1
Mar
3
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wells Fargo
Citigroup
Goldman Sachs
GLJ Research
UBS

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Canadian Solar

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
03/19/2024CSIQBuy Now
Canadian Solar
$19.8315.99%Wells Fargo
Michael Blum
$28 → $23MaintainsEqual-WeightGet Alert
03/15/2024CSIQBuy Now
Canadian Solar
$19.8321.03%Citigroup
J.B. Lowe
$26 → $24MaintainsNeutralGet Alert
03/15/2024CSIQBuy Now
Canadian Solar
$19.8321.03%Goldman Sachs
Brian Lee
$28 → $24MaintainsNeutralGet Alert
03/13/2024CSIQBuy Now
Canadian Solar
$19.83-54.11%GLJ Research
Gordon Johnson
$16.43 → $9.1MaintainsSellGet Alert
01/24/2024CSIQBuy Now
Canadian Solar
$19.8341.2%Goldman Sachs
Brian Lee
$25 → $28MaintainsNeutralGet Alert
12/18/2023CSIQBuy Now
Canadian Solar
$19.8326.07%Goldman Sachs
Brian Lee
→ $25UpgradeSell → NeutralGet Alert
11/17/2023CSIQBuy Now
Canadian Solar
$19.8381.54%UBS
Jon Windham
$47 → $36MaintainsBuyGet Alert
11/15/2023CSIQBuy Now
Canadian Solar
$19.83157.19%Oppenheimer
Colin Rusch
$68 → $51MaintainsOutperformGet Alert
11/15/2023CSIQBuy Now
Canadian Solar
$19.8310.94%JP Morgan
Mark Strouse
$32 → $22DowngradeNeutral → UnderweightGet Alert
10/19/2023CSIQBuy Now
Canadian Solar
$19.8361.37%JP Morgan
Mark Strouse
$39 → $32MaintainsNeutralGet Alert
10/18/2023CSIQBuy Now
Canadian Solar
$19.8331.11%Citigroup
J.B. Lowe
$30 → $26MaintainsNeutralGet Alert
08/29/2023CSIQBuy Now
Canadian Solar
$19.83137.01%UBS
Jon Windham
$50 → $47MaintainsBuyGet Alert
08/24/2023CSIQBuy Now
Canadian Solar
$19.8351.29%Citigroup
J.B. Lowe
$42 → $30MaintainsNeutralGet Alert
08/23/2023CSIQBuy Now
Canadian Solar
$19.83152.14%Roth MKM
Justin Clare
$70 → $50MaintainsBuyGet Alert
08/23/2023CSIQBuy Now
Canadian Solar
$19.83242.91%Oppenheimer
Colin Rusch
→ $68ReiteratesOutperform → OutperformGet Alert
07/19/2023CSIQBuy Now
Canadian Solar
$19.83111.8%Citigroup
J.B. Lowe
$45 → $42MaintainsNeutralGet Alert
07/06/2023CSIQBuy Now
Canadian Solar
$19.83152.14%UBS
Jon Windham
$48 → $50UpgradeNeutral → BuyGet Alert
06/13/2023CSIQBuy Now
Canadian Solar
$19.83-17.15%GLJ Research
Gordon Johnson
$12.22 → $16.43MaintainsSellGet Alert
05/31/2023CSIQBuy Now
Canadian Solar
$19.83253%Roth MKM
Justin Clare
$55 → $70Reiterates → BuyGet Alert

FAQ

Q

What is the target price for Canadian Solar (CSIQ)?

A

The latest price target for Canadian Solar (NASDAQ: CSIQ) was reported by Wells Fargo on March 19, 2024. The analyst firm set a price target for $23.00 expecting CSIQ to rise to within 12 months (a possible 15.99% upside). 21 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Canadian Solar (CSIQ)?

A

The latest analyst rating for Canadian Solar (NASDAQ: CSIQ) was provided by Wells Fargo, and Canadian Solar maintained their equal-weight rating.

Q

When was the last upgrade for Canadian Solar (CSIQ)?

A

The last upgrade for Canadian Solar Inc happened on December 18, 2023 when Goldman Sachs raised their price target to $25. Goldman Sachs previously had a sell for Canadian Solar Inc.

Q

When was the last downgrade for Canadian Solar (CSIQ)?

A

The last downgrade for Canadian Solar Inc happened on November 15, 2023 when JP Morgan changed their price target from $32 to $22 for Canadian Solar Inc.

Q

When is the next analyst rating going to be posted or updated for Canadian Solar (CSIQ)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Canadian Solar, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Canadian Solar was filed on March 19, 2024 so you should expect the next rating to be made available sometime around March 19, 2025.

Q

Is the Analyst Rating Canadian Solar (CSIQ) correct?

A

While ratings are subjective and will change, the latest Canadian Solar (CSIQ) rating was a maintained with a price target of $28.00 to $23.00. The current price Canadian Solar (CSIQ) is trading at is $19.83, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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