Canadian Solar Inc (CSIQ) stock forecast: Can it reach its 52-week high of $18.64

Abby Carey

A share price of Canadian Solar Inc [CSIQ] is currently trading at $17.94, up 2.11%. An important factor to consider is whether the stock is rising or falling in short-term value. The CSIQ shares have gain 26.78% over the last week, with a monthly amount glided 20.48%, 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 October 21, 2025, when Citigroup downgraded its rating to a Sell but kept the price target unchanged to $11 for it. Previously, Roth Capital downgraded its rating to Neutral on April 25, 2025, and kept the price target unchanged to $9. On April 17, 2025, upgrade upgraded it’s rating to Neutral but maintained its price target of $8 on the stock. Goldman downgraded its rating to a Sell and decreased its price target to $11 on December 17, 2024. Mizuho initiated its recommendation with a Outperform and recommended $20 as its price target on December 13, 2024. Jefferies started tracking with a Buy rating for this stock on November 22, 2024, and assigned it a price target of $14.15. In a note dated October 22, 2024, Citigroup downgraded an Sell rating on this stock and revised its target price from $19 to $11.

Canadian Solar Inc experienced fluctuations in its stock price throughout the past year between $6.57 and $18.64. Currently, Wall Street analysts expect the stock to reach $13.67 within the next 12 months. Canadian Solar Inc [NASDAQ: CSIQ] shares were valued at $17.94 at the most recent close of the market. An investor can expect a potential drop of -23.8% based on the average CSIQ price forecast.

Analyzing the CSIQ fundamentals

Trailing Twelve Months sales for Canadian Solar Inc [NASDAQ:CSIQ] were 5.92B which represents 3.57% growth. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.03%, 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.5.

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 16.69 points at the first support level, and at 15.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.68, and for the 2nd resistance point, it is at 19.42.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Canadian Solar Inc [NASDAQ:CSIQ] is 1.03. On the other hand, the Quick Ratio is 0.77, and the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 0.20, the price to book ratio is 0.42.

Transactions by insiders

Recent insider trading involved Chang Leslie Li Hsien, Director, that happened on Sep 09 ’25 when 5000.0 shares were purchased. Director, Wong Andrew Luen Cheung completed a deal on Sep 08 ’25 to buy 6773.0 shares. Meanwhile, Officer Chang Huifeng bought 21743.0 shares on Jun 16 ’25.

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