NASDAQ:CSIQ - Canadian Solar Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $39.80
  • Forecasted Upside: 4.90 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$37.94
▼ -0.49 (-1.28%)
1 month | 3 months | 12 months
Get New Canadian Solar Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for CSIQ and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for CSIQ

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$39.80
▲ +4.90% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Canadian Solar in the last 3 months. The average price target is $39.80, with a high forecast of $50.00 and a low forecast of $22.00. The average price target represents a 4.90% upside from the last price of $37.94.
Buy
The current consensus among 5 investment analysts is to buy stock in Canadian Solar. This rating has held steady since July 2019, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/2/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
8/31/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/29/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/27/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/27/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/25/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/24/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/23/2020

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/20/2020OppenheimerBoost Price TargetOutperform$33.00 ➝ $48.00High
i
Rating by Colin Rusch at Oppenheimer Holdings Inc.
11/20/2020Roth CapitalBoost Price TargetBuy$32.00 ➝ $50.00High
i
11/9/2020The Goldman Sachs GroupBoost Price TargetBuy$42.00 ➝ $44.00High
i
10/21/2020JPMorgan Chase & Co.Boost Price TargetNeutral$30.00 ➝ $35.00High
i
8/7/2020OppenheimerReiterated RatingBuy$33.00High
i
Rating by Colin Rusch at Oppenheimer Holdings Inc.
7/29/2020JPMorgan Chase & Co.Boost Price TargetNeutral$24.00 ➝ $28.00Low
i
5/29/2020CfraUpgradeHold ➝ Buy$20.00 ➝ $22.00Low
i
5/28/2020OppenheimerReiterated RatingBuy$25.00High
i
1/3/2020The Goldman Sachs GroupUpgradeNeutral ➝ BuyLow
i
12/2/2019Roth CapitalReiterated RatingBuy$32.00High
i
Rating by P. Shen at Roth Capital
8/16/2019Roth CapitalBoost Price TargetBuy$27.00 ➝ $32.00High
i
8/16/2019Cascend SecuritiesReiterated RatingBuy ➝ Buy$25.00 ➝ $30.00Low
i
6/21/2019JPMorgan Chase & Co.Set Price TargetHold$25.00Low
i
Rating by Mark Strouse at JPMorgan Chase & Co.
4/11/2019JPMorgan Chase & Co.Initiated CoverageNeutral$22.00Low
i
Rating by Paul Coster at JPMorgan Chase & Co.
3/1/2019Standpoint ResearchDowngradeBuy ➝ HoldLow
i
2/20/2019Cascend SecuritiesUpgradeHold ➝ Buy$21.00 ➝ $27.00High
i
2/11/2019UBS GroupUpgradeSell ➝ Neutral$23.00Medium
i
1/3/2019The Goldman Sachs GroupUpgradeNeutral ➝ Buy$14.00 ➝ $19.00Low
i
Rating by Brian K. Lee at The Goldman Sachs Group, Inc.
12/18/2018Cascend SecuritiesUpgradeHold ➝ BuyMedium
i
11/16/2018The Goldman Sachs GroupSet Price TargetHold$14.00Low
i
Rating by Brian K. Lee at The Goldman Sachs Group, Inc.
11/15/2018Roth CapitalReiterated RatingBuyMedium
i
Rating by P. Shen at Roth Capital
11/15/2018JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$17.00High
i
Rating by Paul Coster at JPMorgan Chase & Co.
10/22/2018JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$15.00 ➝ $15.00High
i
Rating by Paul Coster at JPMorgan Chase & Co.
8/23/2018B. RileyLower Price TargetNeutral ➝ Hold$18.00 ➝ $17.00Medium
i
Rating by Carter Driscoll at B. Riley
8/15/2018B. RileySet Price TargetHold$18.00Low
i
Rating by Carter Driscoll at B. Riley
6/7/2018JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$17.00 ➝ $15.00High
i
Rating by Paul Coster at JPMorgan Chase & Co.
5/17/2018B. RileySet Price TargetHold$18.00Low
i
Rating by Carter Driscoll at B. Riley
3/27/2018JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$17.51 ➝ $17.00High
i
Rating by Paul Coster at JPMorgan Chase & Co.
3/20/2018OppenheimerLower Price TargetOutperform$32.00 ➝ $19.00Medium
i
3/20/2018B. RileyReiterated RatingHold$18.00Low
i
Rating by Carter Driscoll at B. Riley
3/15/2018UBS GroupInitiated CoverageSell$15.00Medium
i
3/15/2018B. RileySet Price TargetNeutral$15.00 ➝ $18.00Medium
i
Rating by Carter Driscoll at B. Riley
2/1/2018JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$16.00Low
i
Rating by Paul Coster at JPMorgan Chase & Co.
1/12/2018B. RileySet Price TargetHold$15.00High
i
Rating by Carter Driscoll at B. Riley
1/9/2018The Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$19.00N/A
i
12/15/2017Axiom SecuritiesDowngradeBuy ➝ Hold$17.00Medium
i
Rating by Gordon Johnson at Axiom Securities
12/12/2017JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$15.00Medium
i
12/11/2017CowenSet Price TargetHold$18.00Medium
i
Rating by Jeff Osborne at Cowen Inc
12/11/2017B. RileySet Price TargetHold$15.00High
i
Rating by Carter Driscoll at B. Riley
11/15/2017Axiom SecuritiesSet Price TargetBuy$18.00 ➝ $26.00N/A
i
Rating by Gordon Johnson at Axiom Securities
11/10/2017Roth CapitalUpgradeNeutral ➝ Buy$24.00N/A
i
Rating by P. Shen at Roth Capital
11/1/2017B. RileyReiterated RatingNeutralN/A
i
Rating by C. Driscoll at B. Riley
10/22/2017CowenReiterated RatingHold$17.00N/A
i
Rating by Jeff Osborne at Cowen Inc
8/26/2017Axiom SecuritiesReiterated RatingBuyLow
i
Rating by Gordon Johnson at Axiom Securities
8/21/2017BarclaysDowngradeEqual Weight ➝ Underweight$12.00 ➝ $14.00High
i
Rating by Jon Windham at Barclays PLC
8/15/2017FBR & CoReiterated RatingNeutral$13.00 ➝ $15.00Medium
i
Rating by Carter Driscoll at FBR & Co
8/15/2017CowenReiterated RatingMarket Perform$16.00 ➝ $17.00Medium
i
Rating by Jeff Osborne at Cowen Inc
8/14/2017CowenSet Price TargetHold$16.00Medium
i
Rating by Jeff Osborne at Cowen Inc
8/10/2017Axiom SecuritiesReiterated RatingBuyLow
i
Rating by Gordon Johnson at Axiom Securities
7/22/2017Axiom SecuritiesReiterated RatingBuyLow
i
Rating by Gordon Johnson at Axiom Securities
7/10/2017CowenSet Price TargetHold$13.00Low
i
Rating by Jeff Osborne at Cowen Inc
6/9/2017Axiom SecuritiesReiterated RatingSellLow
i
Rating by Gordon Johnson at Axiom Securities
6/8/2017CowenReiterated RatingHoldLow
i
Rating by Jeff Osborne at Cowen Inc
6/7/2017CowenBoost Price TargetMarket Perform$10.00 ➝ $13.00Low
i
4/20/2017OppenheimerReiterated RatingOutperform$31.00Low
i
4/17/2017Axiom SecuritiesInitiated CoverageBuy$18.00Low
i
3/22/2017Roth CapitalSet Price TargetHold$12.00Medium
i
Rating by Philip Shen at Roth Capital
3/22/2017JPMorgan Chase & Co.Lower Price TargetNeutral$16.00 ➝ $14.00High
i
3/22/2017FBR & CoReiterated RatingMkt Perform ➝ Mkt Perform$12.00 ➝ $13.00High
i
Rating by C. Driscoll at FBR & Co
2/22/2017JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$15.36 ➝ $16.00N/A
i
12/21/2016GuggenheimReiterated RatingNeutralN/A
i
12/15/2016GuggenheimInitiated CoverageNeutralN/A
i
11/22/2016JMP SecuritiesReiterated RatingHoldN/A
i
Rating by Joseph Osha at JMP Securities
11/22/2016Roth CapitalReiterated RatingBuy ➝ Neutral$20.00 ➝ $11.00N/A
i
Rating by philip shen at Roth Capital
11/22/2016FBR & CoDowngradeOutperform ➝ Market Perform$23.00 ➝ $12.00N/A
i
Rating by carter driscoll at FBR & Co
9/8/2016JMP SecuritiesInitiated CoverageMarket PerformN/A
i
9/6/2016Standpoint ResearchReiterated RatingBuy$18.00N/A
i
8/25/2016CowenInitiated CoverageOutperform$28.50N/A
i
Rating by jeff osborne at Cowen Inc
8/24/2016BarclaysDowngradeOverweight ➝ Equal Weight$24.00 ➝ $14.00N/A
i
Rating by Jon Windham at Barclays PLC
8/21/2016Roth CapitalSet Price TargetBuy$20.00N/A
i
Rating by philip shen at Roth Capital
8/19/2016Canaccord GenuitySet Price TargetBuy$29.00 ➝ $20.00N/A
i
Rating by jonathan dorsheimer at Canaccord Genuity
8/19/2016CowenDowngradeOutperform ➝ Market Perform$20.00 ➝ $13.00N/A
i
8/19/2016FBR & CoLower Price TargetOutperform$32.00 ➝ $23.00N/A
i
Rating by Carter Driscoll at FBR & Co
8/8/2016Roth CapitalReiterated RatingBuy$20.00N/A
i
Rating by Philip Shen at Roth Capital
8/3/2016Morgan StanleyDowngradeOverweight ➝ Underweight$24.00 ➝ $12.80N/A
i
6/29/2016Canaccord GenuityReiterated RatingBuy$29.00N/A
i
Rating by Jonathan Dorsheimer at Canaccord Genuity
6/27/2016FBR & CoReiterated RatingBuy$32.00N/A
i
Rating by Sahar Wolff at FBR & Co
5/15/2016Roth CapitalReiterated RatingBuy$28.00N/A
i
Rating by Philip Shen at Roth Capital
5/14/2016Canaccord GenuityReiterated RatingBuy$30.00 ➝ $29.00N/A
i
Rating by Jonathan Dorsheimer at Canaccord Genuity
5/12/2016FBR & CoReiterated RatingBuyN/A
i
Rating by Carter Driscoll at FBR & Co
4/4/2016BarclaysInitiated CoverageOverweight$24.00N/A
i
3/31/2016OppenheimerReiterated RatingBuy$45.00N/A
i
Rating by Colin Rusch at Oppenheimer Holdings Inc.
3/29/2016Stifel NicolausReiterated RatingBuy$28.00N/A
i
Rating by Sven Eenmaa at Stifel Nicolaus
3/21/2016FBR & CoReiterated RatingOutperform$32.00N/A
i
Rating by Carter Driscoll at FBR & Co
3/19/2016Canaccord GenuityReiterated RatingBuy$35.00 ➝ $30.00N/A
i
Rating by Jonathan Dorsheimer at Canaccord Genuity
3/16/2016CowenLower Price TargetOutperform$35.00 ➝ $28.50N/A
i
3/16/2016Northland SecuritiesInitiated CoverageOutperform$36.00N/A
i
3/15/2016Roth CapitalReiterated RatingBuy$40.00 ➝ $28.00N/A
i
Rating by Philip Shen at Roth Capital
3/11/2016Stifel NicolausReiterated RatingBuy$31.00 ➝ $28.00N/A
i
Rating by Sven Eenmaa at Stifel Nicolaus
3/10/2016FBR & CoReiterated RatingBuy$32.00N/A
i
Rating by Carter Driscoll at FBR & Co
2/26/2016Standpoint ResearchDowngradeBuyN/A
i
Rating by Ronnie Moas at Standpoint Research
2/21/2016FBR & CoReiterated RatingOutperform$32.00N/A
i
Rating by Carter Driscoll at FBR & Co
2/17/2016Roth CapitalReiterated RatingBuy$40.00N/A
i
Rating by Philip Shen at Roth Capital
2/17/2016Canaccord GenuityReiterated RatingBuy$35.00N/A
i
Rating by Jonathan Dorsheimer at Canaccord Genuity
2/2/2016Roth CapitalReiterated RatingBuy$40.00N/A
i
Rating by Philip Shen at Roth Capital
1/21/2016FBR & CoReiterated RatingBuy$32.00N/A
i
Rating by Carter Driscoll at FBR & Co
1/21/2016Standpoint ResearchUpgradeHold ➝ Buy$26.00N/A
i
Rating by Ronnie Moas at Standpoint Research
12/30/2015CowenReiterated RatingOutperform$28.50 ➝ $35.00N/A
i
12/17/2015FBR & CoInitiated CoverageOutperform$32.00N/A
i
Rating by C. Driscoll at FBR & Co
12/17/2015Canaccord GenuityBoost Price TargetBuy$29.00 ➝ $35.00N/A
i
Rating by Jonathan Dorsheimer at Canaccord Genuity
12/14/2015Roth CapitalReiterated RatingBuy$40.00N/A
i
Rating by Philip Shen at Roth Capital
11/25/2015Standpoint ResearchDowngradeBuy ➝ HoldN/A
i
Rating by Ronnie Moas at Standpoint Research
(Data available from 11/23/2015 forward)
Canadian Solar logo
Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products. The company operates through two segments, Module and System Solutions (MSS), and Energy. The MSS segment engages in the design, development, manufacture, and sale of a range of solar power products, including standard solar modules, specialty solar products, and solar system kits that are a ready-to-install packages comprising inverters, racking systems, and other accessories. It also provides engineering, procurement, and construction; and operation and maintenance (O&M) services. This segment's energy solution products include solar inverters and energy storage systems for utility, commercial, residential, and specialty product applications. Its O&M services include inspections, repair, and replacement of plant equipment; and site management and administrative support services for solar power projects. The Energy segment engages in the development and sale of solar power projects; and operation of solar power plants and sale of electricity. As of January 31, 2020, this segment had a fleet of solar power plants in operation with an aggregate capacity of approximately 880.2 MWp. The company's primary customers include distributors, system integrators, project developers, and installers/EPC companies. Canadian Solar Inc. sells its products primarily under its Canadian Solar brand name; and on an OEM basis. It has operations in North America, South America, Europe, South Africa, the Middle East, Australia, Asia, and internationally. The company was founded in 2001 and is headquartered in Guelph, Canada.
Read More

Today's Range

Now: $37.94
$37.89
$39.52

50 Day Range

MA: $38.79
$35.70
$44.12

52 Week Range

Now: $37.94
$12.00
$44.86

Volume

33,345 shs

Average Volume

1,444,249 shs

Market Capitalization

$2.25 billion

P/E Ratio

11.00

Dividend Yield

N/A

Beta

1.44