Canadian Solar Inc [CSIQ] stock prices are down -0.38% to $7.86 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CSIQ shares have gain 9.93% over the last week, with a monthly amount drifted -19.01%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Canadian Solar Inc [NASDAQ: CSIQ] stock has seen the most recent analyst activity on April 17, 2025, when Citigroup upgraded its rating to a Neutral but kept the price target unchanged to $8 for it. Previously, Goldman downgraded its rating to Sell on December 17, 2024, and dropped its price target to $11. On December 13, 2024, Mizuho initiated with a Outperform rating and assigned a price target of $20 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $14.15 on November 22, 2024. Citigroup downgraded its rating to a Sell and reduced its price target to $11 on October 22, 2024. Oppenheimer reiterated a Outperform rating for this stock on August 23, 2024, and downed its price target to $27. In a note dated March 11, 2024, Daiwa Securities initiated an Neutral rating and provided a target price of $21 on this stock.
The stock price of Canadian Solar Inc [CSIQ] has been fluctuating between $6.57 and $21.05 over the past year. Currently, Wall Street analysts expect the stock to reach $19.5 within the next 12 months. Canadian Solar Inc [NASDAQ: CSIQ] shares were valued at $7.86 at the most recent close of the market. An investor can expect a potential return of 148.09% based on the average CSIQ price forecast.
Analyzing the CSIQ fundamentals
The Canadian Solar Inc [NASDAQ:CSIQ] reported sales of 5.99B for trailing twelve months, representing a drop of -10.62%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.59 points at the first support level, and at 7.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.28, and for the 2nd resistance point, it is at 8.70.
Ratios To Look Out For
It’s worth pointing out that Canadian Solar Inc [NASDAQ:CSIQ]’s Current Ratio is 0.97. Further, the Quick Ratio stands at 0.74, while the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 0.09, the price to book ratio is 0.18 and price to earnings (TTM) ratio is 15.32.
Transactions by insiders
Recent insider trading involved Wong Andrew Luen Cheung, Director, that happened on Dec 16 ’24 when 2878.0 shares were purchased. Director, Wong Andrew Luen Cheung completed a deal on Sep 11 ’24 to buy 3687.0 shares.
