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.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/19/2024 | CSIQ | Buy Now | Canadian Solar | $19.83 | 15.99% | Wells Fargo | Michael Blum | $28 → $23 | Maintains | Equal-Weight | Get Alert |
03/15/2024 | CSIQ | Buy Now | Canadian Solar | $19.83 | 21.03% | Citigroup | J.B. Lowe | $26 → $24 | Maintains | Neutral | Get Alert |
03/15/2024 | CSIQ | Buy Now | Canadian Solar | $19.83 | 21.03% | Goldman Sachs | Brian Lee | $28 → $24 | Maintains | Neutral | Get Alert |
03/13/2024 | CSIQ | Buy Now | Canadian Solar | $19.83 | -54.11% | GLJ Research | Gordon Johnson | $16.43 → $9.1 | Maintains | Sell | Get Alert |
01/24/2024 | CSIQ | Buy Now | Canadian Solar | $19.83 | 41.2% | Goldman Sachs | Brian Lee | $25 → $28 | Maintains | Neutral | Get Alert |
12/18/2023 | CSIQ | Buy Now | Canadian Solar | $19.83 | 26.07% | Goldman Sachs | Brian Lee | → $25 | Upgrade | Sell → Neutral | Get Alert |
11/17/2023 | CSIQ | Buy Now | Canadian Solar | $19.83 | 81.54% | UBS | Jon Windham | $47 → $36 | Maintains | Buy | Get Alert |
11/15/2023 | CSIQ | Buy Now | Canadian Solar | $19.83 | 157.19% | Oppenheimer | Colin Rusch | $68 → $51 | Maintains | Outperform | Get Alert |
11/15/2023 | CSIQ | Buy Now | Canadian Solar | $19.83 | 10.94% | JP Morgan | Mark Strouse | $32 → $22 | Downgrade | Neutral → Underweight | Get Alert |
10/19/2023 | CSIQ | Buy Now | Canadian Solar | $19.83 | 61.37% | JP Morgan | Mark Strouse | $39 → $32 | Maintains | Neutral | Get Alert |
10/18/2023 | CSIQ | Buy Now | Canadian Solar | $19.83 | 31.11% | Citigroup | J.B. Lowe | $30 → $26 | Maintains | Neutral | Get Alert |
08/29/2023 | CSIQ | Buy Now | Canadian Solar | $19.83 | 137.01% | UBS | Jon Windham | $50 → $47 | Maintains | Buy | Get Alert |
08/24/2023 | CSIQ | Buy Now | Canadian Solar | $19.83 | 51.29% | Citigroup | J.B. Lowe | $42 → $30 | Maintains | Neutral | Get Alert |
08/23/2023 | CSIQ | Buy Now | Canadian Solar | $19.83 | 152.14% | Roth MKM | Justin Clare | $70 → $50 | Maintains | Buy | Get Alert |
08/23/2023 | CSIQ | Buy Now | Canadian Solar | $19.83 | 242.91% | Oppenheimer | Colin Rusch | → $68 | Reiterates | Outperform → Outperform | Get Alert |
07/19/2023 | CSIQ | Buy Now | Canadian Solar | $19.83 | 111.8% | Citigroup | J.B. Lowe | $45 → $42 | Maintains | Neutral | Get Alert |
07/06/2023 | CSIQ | Buy Now | Canadian Solar | $19.83 | 152.14% | UBS | Jon Windham | $48 → $50 | Upgrade | Neutral → Buy | Get Alert |
06/13/2023 | CSIQ | Buy Now | Canadian Solar | $19.83 | -17.15% | GLJ Research | Gordon Johnson | $12.22 → $16.43 | Maintains | Sell | Get Alert |
05/31/2023 | CSIQ | Buy Now | Canadian Solar | $19.83 | 253% | Roth MKM | Justin Clare | $55 → $70 | Reiterates | → Buy | Get Alert |
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.
The latest analyst rating for Canadian Solar (NASDAQ: CSIQ) was provided by Wells Fargo, and Canadian Solar maintained their equal-weight rating.
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.
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.
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.
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.
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