Canadian Solar (CSIQ) Expected to Announce Quarterly Earnings on Thursday

Canadian Solar (NASDAQ:CSIQ) is projected to release its Q3 2026 results before the market opens on Thursday, November 12th. Analysts expect the company to announce earnings of ($0.6861) per share and revenue of $1.38 billion for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 19, 2026 at 8:00 AM ET.

Canadian Solar (NASDAQ:CSIQ) last issued its quarterly earnings results on Thursday, August 27th. The solar energy provider reported ($1.40) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($1.22). The firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Canadian Solar had a negative return on equity of 5.57% and a negative net margin of 3.73%. Canadian Solar’s revenue for the quarter was down 28.7% on a year-over-year basis. During the same period in the previous year, the company earned ($0.53) earnings per share. On average, analysts expect Canadian Solar to post ($2.93) EPS for the current fiscal year and $0.19 EPS for the next fiscal year.

Canadian Solar Price Performance

CSIQ opened at $10.82 on Tuesday. The stock has a fifty day simple moving average of $11.13 and a two-hundred day simple moving average of $15.11. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.95. The company has a market cap of $734.68 million, a price-to-earnings ratio of -2.82 and a beta of 1.50. Canadian Solar has a 12-month low of $8.79 and a 12-month high of $34.59.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of Canadian Solar from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, August 27th. Zacks Research lowered shares of Canadian Solar from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 15th. Glj Research reissued a “sell” rating and set a $5.58 price target on shares of Canadian Solar in a research report on Thursday, August 27th. Wall Street Zen lowered shares of Canadian Solar from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 29th. Finally, Wells Fargo & Company cut their price objective on shares of Canadian Solar from $18.00 to $17.00 and set an “equal weight” rating on the stock in a report on Monday, August 31st. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $15.84.

Canadian Solar Company Profile

Canadian Solar Inc is a global solar energy company that designs, manufactures and delivers renewable energy products and solutions. Founded in 2001 by Dr. Shawn Qu, the company is headquartered in Guelph, Ontario, Canada, and serves customers in markets across North America, Latin America, Europe, Africa, the Middle East, Australia and Asia.

Through its CSI Solar business, Canadian Solar provides photovoltaic solar modules, inverters, battery energy storage systems and other components used in residential, commercial, industrial and utility-scale projects.