Canadian Solar (CSIQ) Stock Forecast & Price Target

$11.50 +0.74 (+6.88%)

(As of 12/20/2024 05:45 PM ET)

Canadian Solar - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates 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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's 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. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 11 Analyst Ratings

Sell
4

Hold
2

Buy
5

Based on 11 Wall Street analysts who have issued ratings for Canadian Solar in the last 12 months, the stock has a consensus rating of "Hold." Out of the 11 analysts, 4 have given a sell rating, 2 have given a hold rating, and 5 have given a buy rating for CSIQ.

Consensus Price Target

$18.58
61.60% Upside

According to the 11 analysts' twelve-month price targets for Canadian Solar, the average price target is $18.58. The highest price target for CSIQ is $35.00, while the lowest price target for CSIQ is $11.00. The average price target represents a forecasted upside of 61.60% from the current price of $11.50.

Get the Latest News and Ratings for CSIQ and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Canadian Solar and its competitors.

CSIQ Analyst Ratings Over Time

Type	Current Forecast 12/22/23 to 12/21/24	1 Month Ago 11/22/23 to 11/21/24	3 Months Ago 9/23/23 to 9/22/24	1 Year Ago 12/22/22 to 12/22/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)
Hold	2 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	4 Sell rating(s)	3 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$18.58	$20.59	$23.33	$36.38
Forecasted Upside	61.60% Upside	82.18% Upside	66.04% Upside	43.32% Upside
Consensus Rating	Hold	Hold	Hold	Hold

Your chance to get on the next “60-Second Trade” (Ad)

Ever heard of the “60-Second Trade”? It’s a unique cash flow strategy that lets regular traders target anywhere from $100 to a couple of thousand in extra cash flow in as little as 7 days… In on Monday, out on Friday!

Just head over here!

CSIQ Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CSIQ Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Canadian Solar Stock vs. The Competition

Type	Canadian Solar	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.09	2.63	2.51
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	61.60% Upside	1,671.86% Upside	14.53% Upside
News Sentiment Rating	Neutral News See Recent CSIQ News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/17/2024	The Goldman Sachs Group 2 of 5 stars	B. Lee Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Sell	$14.00 ➝ $11.00	-5.66%
12/13/2024	Mizuho 2 of 5 stars	M. Mandloi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$20.00	+61.55%
12/5/2024	Wells Fargo & Company 3 of 5 stars		Lower Target	Equal Weight ➝ Equal Weight	$15.00 ➝ $13.00	+13.44%
11/22/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$14.15	+26.68%
10/22/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	V. Bagri Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Sell	$19.00 ➝ $11.00	-12.91%
8/26/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$25.00 ➝ $20.00	+47.06%
Get the Latest News and Ratings for CSIQ and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Canadian Solar and its competitors with MarketBeat's FREE daily newsletter.
8/23/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$43.00 ➝ $27.00	+119.96%
7/30/2024	Glj Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sell ➝ Sell	$9.10 ➝ $12.28	-25.12%
7/16/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$17.00 ➝ $20.00	+28.29%
6/12/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$38.00 ➝ $35.00	+88.78%
3/11/2024	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$21.00	+1.79%
11/15/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$50.00 ➝ $35.00	+71.15%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:11 PM ET.

CSIQ Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian Solar is $18.58, with a high forecast of $35.00 and a low forecast of $11.00.
: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Solar in the last twelve months. There are currently 4 sell ratings, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CSIQ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CSIQ, but not buy additional shares or sell existing shares.
: According to analysts, Canadian Solar's stock has a predicted upside of 61.60% based on their 12-month stock forecasts.
: Over the previous 90 days, Canadian Solar's stock had 2 downgrades by analysts.
: Canadian Solar has been rated by research analysts at Citigroup, Jefferies Financial Group, Mizuho, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Canadian Solar less than other "oils/energy" companies. The consensus rating for Canadian Solar is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how CSIQ compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

Your chance to get on the next “60-Second Trade” (Ad)

Just head over here!

This page (NASDAQ:CSIQ) was last updated on 12/21/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Canadian Solar (CSIQ) Stock Forecast & Price Target