Canadian Solar Inc (CSIQ) Stock Forecast & Price Target
Canadian Solar Inc · NASDAQ
$13.66-0.13 (-0.94%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 10 firms covering Canadian Solar Inc, 2 rate it Buy or better, 6 sit at Hold, and 2 rate it Sell or worse, a hold consensus. The target range is very wide, $10.00 to $37.00 (about 3.7x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $17.96 sits 32% above the current $13.66. Sentiment has drifted a little more constructive lately, with Sell ratings easing from 3 to 2 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.48 next quarter toward $-0.44 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS10 ratings
Hold
Strong Buy00%
Buy220%
Hold660%
Sell220%
Strong Sell00%
Based on 10 analysts giving stock ratings to Canadian Solar Inc.
As of Jul, 2 of 10 firms rate CSIQ a Buy (6 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
CSIQ EPS & revenue forecast
EPS · NEXT QUARTER
$-0.48
Range $-0.99 – $0.02 · 2 analysts · -17% YoY
Next period, 2 analysts expect Canadian Solar Inc to earn $-0.48 a share (range $-0.99 – $0.02), versus $-0.58 a year earlier. Full-year consensus is $-2.48, growing to $-0.44 the year after.
REVENUE · NEXT QUARTER
$1.8B
Range $1.2B – $2.2B · 2 analysts · +19% YoY
Revenue is expected to reach $1.8B (range $1.2B – $2.2B), +18.7% year-over-year. Full-year consensus is $6.0B, rising to $7.3B next year.
Top analysts covering Canadian Solar Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on CSIQ.
#1
Colin Rusch
Oppenheimer · Rank #160
Buy
$19.00+39.1% to target
Overall win rate
39%
+ Follow
#2
Maheep Mandloi
Mizuho
Hold
$18.00+31.8% to target
Coverage
—
+ Follow
#3
Vikram Bagri
Citigroup
Hold
$18.00+31.8% to target
Coverage
—
+ Follow
#4
Praneeth Satish
Wells Fargo
Hold
$17.00+24.5% to target
Coverage
—
+ Follow
#5
Mark Strouse
JP Morgan
Sell
$9.00-34.1% to target
Coverage
—
+ Follow
CSIQ stock forecast FAQ
What is CSIQ's average 12-month price target?+
The 10 analysts with a live target average $17.96 for Canadian Solar Inc over the next 12 months, ranging from a $37.00 high to a $10.00 low.
Is CSIQ stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 10 analyst ratings, 2 are Buy or Strong Buy, 6 are Hold, and 2 are Sell or Strong Sell.
What are the highest and lowest price targets for CSIQ?+
The Street-high target is $37.00 (UBS), and the Street-low is $10.00 (JP Morgan). The average of all 10 active targets is $17.96.
How many Wall Street analysts cover CSIQ?+
10 analysts have an active rating on Canadian Solar Inc, and 10 firms carry a live 12-month price target.
Who is the most accurate analyst covering CSIQ?+
Among analysts who currently cover CSIQ, Colin Rusch of Oppenheimer has the strongest overall Quantellect track record (Rank #160). Their current call is Buy with a $19.00 target.
What is Canadian Solar Inc's projected EPS for next quarter?+
The consensus estimate is $-0.48 per share (range $-0.99 – $0.02) across 2 analysts. Full-year EPS is projected at $-2.48, rising to $-0.44 the following year.
How much revenue is Canadian Solar Inc expected to report next quarter?+
Consensus revenue is $1.8B (range $1.2B – $2.2B). Full-year revenue is projected at $6.0B, growing to $7.3B next year.
Have analysts been upgrading or downgrading CSIQ lately?+
As of Jul, 2 of 10 firms rate CSIQ a Buy (6 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their CSIQ calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
