Canadian Solar Inc (CSIQ) Shares on the Rise: Short-term Analysis

Canadian Solar Inc [CSIQ] stock is trading at $10.59, up 8.17%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CSIQ shares have gain 15.36% over the last week, with a monthly amount glided 46.88%, 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 [CSIQ] stock has fluctuated 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 $10.59 at the most recent close of the market. An investor can expect a potential return of 84.14% based on the average CSIQ price forecast.

Analyzing the CSIQ fundamentals

Canadian Solar Inc [NASDAQ:CSIQ] reported sales of 5.99B for the trailing twelve months, which represents a drop of -10.62%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.1.

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 10.27 points at the first support level, and at 9.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.90, and for the 2nd resistance point, it is at 11.22.

Ratios To Look Out For

For context, Canadian Solar Inc’s Current Ratio is 1.02. As well, the Quick Ratio is 0.77, while the Cash Ratio is 0.4. Considering the valuation of this stock, the price to sales ratio is 0.12, the price to book ratio is 0.25 and price to earnings (TTM) ratio is 21.39.

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.

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