Canadian Solar (CSIQ) Expected to Announce Earnings on Thursday

Canadian Solar (NASDAQ:CSIQ) will likely be posting its Q1 2026 results before the market opens on Thursday, May 14th. Analysts expect Canadian Solar to post earnings of ($1.08) per share and revenue of $950.4290 million for the quarter. Individuals may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, May 14, 2026 at 8:00 AM ET.

Canadian Solar (NASDAQ:CSIQ) last announced its quarterly earnings results on Saturday, February 14th. The solar energy provider reported ($1.66) EPS for the quarter. Canadian Solar had a negative return on equity of 4.95% and a negative net margin of 1.86%.The company had revenue of $1.22 billion for the quarter. On average, analysts expect Canadian Solar to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Canadian Solar Price Performance

Shares of NASDAQ:CSIQ opened at $19.85 on Tuesday. The company’s fifty day moving average price is $15.07 and its 200 day moving average price is $19.96. Canadian Solar has a 12 month low of $9.41 and a 12 month high of $34.59. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.02 and a quick ratio of 0.83. The firm has a market capitalization of $1.35 billion, a P/E ratio of -7.94 and a beta of 1.44.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CSIQ. Goldman Sachs Group Inc. increased its stake in Canadian Solar by 20.1% in the first quarter. Goldman Sachs Group Inc. now owns 548,853 shares of the solar energy provider’s stock valued at $4,748,000 after purchasing an additional 92,002 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in shares of Canadian Solar by 141.9% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 9,100 shares of the solar energy provider’s stock worth $100,000 after acquiring an additional 5,338 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Canadian Solar by 20.9% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 842,703 shares of the solar energy provider’s stock worth $9,539,000 after acquiring an additional 145,867 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Canadian Solar during the second quarter worth about $33,000. Finally, Balyasny Asset Management L.P. acquired a new position in shares of Canadian Solar during the second quarter worth about $790,000. 52.36% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Wall Street Zen lowered shares of Canadian Solar from a “hold” rating to a “strong sell” rating in a research note on Monday, April 20th. Wells Fargo & Company cut their price target on shares of Canadian Solar from $23.00 to $17.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 8th. Weiss Ratings restated a “sell (d+)” rating on shares of Canadian Solar in a research note on Friday, March 27th. Oppenheimer dropped their price objective on shares of Canadian Solar from $38.00 to $19.00 and set an “outperform” rating on the stock in a research note on Friday, March 20th. Finally, Mizuho dropped their price objective on shares of Canadian Solar from $19.00 to $15.00 and set a “neutral” rating on the stock in a research note on Monday, March 23rd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $18.36.

Canadian Solar Company Profile

Canadian Solar Inc (NASDAQ: CSIQ) is a global renewable energy company that specializes in the design, development and manufacturing of solar photovoltaic (PV) modules and system solutions. Founded in 2001 and headquartered in Guelph, Ontario, the company has grown to become one of the world’s largest solar module suppliers. Canadian Solar offers a comprehensive portfolio of products, including mono- and multi-crystalline solar cells and modules, as well as advanced energy storage and system integration solutions tailored for residential, commercial and utility-scale applications.

In addition to manufacturing solar components, Canadian Solar provides end-to-end services encompassing project development, engineering, procurement and construction (EPC), as well as operations and maintenance.