A share price of Canadian Solar Inc [CSIQ] is currently trading at $11.15, up 20.15%. 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 49.46% over the last week, with a monthly amount glided 12.17%, and 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 25, 2025, when Roth Capital downgraded its rating to a Neutral but kept the price target unchanged to $9 for it. Previously, Citigroup upgraded its rating to Neutral on April 17, 2025, and kept the price target unchanged to $8. On December 17, 2024, downgrade downgraded it’s rating to Sell and revised its price target to $11 on the stock. Mizuho started tracking the stock assigning a Outperform rating and suggested a price target of $20 on December 13, 2024. Jefferies initiated its recommendation with a Buy and recommended $14.15 as its price target on November 22, 2024. Citigroup downgraded its rating to Sell for this stock on October 22, 2024, and downed its price target to $11. In a note dated August 23, 2024, Oppenheimer reiterated an Outperform rating on this stock and revised its target price from $43 to $27.
Canadian Solar Inc experienced fluctuations in its stock price throughout the past year between $6.57 and $21.05. 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 $11.15 at the most recent close of the market. An investor can expect a potential return of 74.89% based on the average CSIQ price forecast.
Analyzing the CSIQ fundamentals
Trailing Twelve Months sales for Canadian Solar Inc [NASDAQ:CSIQ] were 5.99B which represents -10.62% decline. 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 9.51 points at the first support level, and at 7.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.09, and for the 2nd resistance point, it is at 13.03.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Canadian Solar Inc [NASDAQ:CSIQ] 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 0.12, the price to book ratio is 0.26 and price to earnings (TTM) ratio is 21.74.
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.
