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NASDAQ: CSIQ
Canadian Solar Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for CSIQ

Based on 7 analysts offering 12 month price targets for Canadian Solar Inc.
Min Forecast
$9.10-42%
Avg Forecast
$27.01+72.17%
Max Forecast
$51.00+225.05%

Should I buy or sell CSIQ stock?

Based on 7 analysts offering ratings for Canadian Solar Inc.
Hold
Strong Buy
1 analysts 14.29%
Buy
1 analysts 14.29%
Hold
3 analysts 42.86%
Sell
0 analysts 0%
Strong Sell
2 analysts 28.57%

Be the first to know when Wall Street analysts revise their CSIQ stock forecasts and price targets.

CSIQ stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-19
lockedlocked$00.00+00.00%2024-03-15
lockedlocked$00.00+00.00%2024-03-15
lockedlocked$00.00+00.00%2024-03-13
lockedlocked$00.00+00.00%2023-11-17
Oppenheimer
Top 35%
66
BuyMaintains$51.00+225.05%2023-11-15
JP Morgan
Top 17%
84
Strong SellDowngrades$22.00+40.22%2023-11-15

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Forecast return on equity

Is CSIQ forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
20.28%

Forecast return on assets

Is CSIQ forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

CSIQ revenue forecast

What is CSIQ's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$8.9B+16.29%
Avg 2 year Forecast
$10.4B+36.99%
Avg 3 year Forecast
$11.6B+52.95%
CSIQ's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CSIQ earnings growth forecast

How is CSIQ forecast to perform vs Solar companies and vs the US market?
Company
38.61%
Industry
52.97%
Market
28.62%
CSIQ's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CSIQ's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CSIQ's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CSIQ revenue growth forecast

How is CSIQ forecast to perform vs Solar companies and vs the US market?
Company
16.59%
Industry
13.11%
Market
9.42%
CSIQ's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CSIQ's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CSIQ vs Solar Stocks

TickerPricePrice TargetUp/downsideConsensus
CSIQ$15.69$27.01+72.17%Hold
JKS$22.76$24.12+5.99%Sell
SHLS$8.72$20.57+135.91%Strong Buy
NOVA$4.10$16.22+295.59%Strong Buy
SPWR$2.36$3.90+65.13%Sell
View Top Solar Stocks

Canadian Solar Stock Forecast FAQ

Is Canadian Solar Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: CSIQ) stock is to Hold CSIQ stock.

Out of 7 analysts, 1 (14.29%) are recommending CSIQ as a Strong Buy, 1 (14.29%) are recommending CSIQ as a Buy, 3 (42.86%) are recommending CSIQ as a Hold, 0 (0%) are recommending CSIQ as a Sell, and 2 (28.57%) are recommending CSIQ as a Strong Sell.

If you're new to stock investing, here's how to buy Canadian Solar stock.

What is CSIQ's revenue growth forecast for 2024-2026?

(NASDAQ: CSIQ) Canadian Solar's forecast annual revenue growth rate of 16.59% is forecast to beat the US Solar industry's average forecast revenue growth rate of 13.11%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.42%.

Canadian Solar's revenue in 2024 is $7,613,626,000.On average, 4 Wall Street analysts forecast CSIQ's revenue for 2024 to be $584,687,188,221, with the lowest CSIQ revenue forecast at $576,417,781,826, and the highest CSIQ revenue forecast at $597,355,604,226. On average, 4 Wall Street analysts forecast CSIQ's revenue for 2025 to be $688,739,719,631, with the lowest CSIQ revenue forecast at $629,711,595,709, and the highest CSIQ revenue forecast at $747,387,876,258.

In 2026, CSIQ is forecast to generate $768,962,279,249 in revenue, with the lowest revenue forecast at $768,962,279,249 and the highest revenue forecast at $768,962,279,249.

What is CSIQ's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: CSIQ) forecast ROA is N/A, which is lower than the forecast US Solar industry average of N/A.

What is CSIQ's Price Target?

According to 7 Wall Street analysts that have issued a 1 year CSIQ price target, the average CSIQ price target is $27.01, with the highest CSIQ stock price forecast at $51.00 and the lowest CSIQ stock price forecast at $9.10.

On average, Wall Street analysts predict that Canadian Solar's share price could reach $27.01 by Mar 19, 2025. The average Canadian Solar stock price prediction forecasts a potential upside of 72.17% from the current CSIQ share price of $15.69.

What is CSIQ's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: CSIQ) forecast ROE is N/A, which is considered weak.
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