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

Key Points

• Canadian Solar is set to report Q1 2026 results before the market opens on Thursday, May 14 at 8:00 AM ET; analysts expect (‑$1.08) EPS and about $950.4 million in revenue.
• In the prior quarter the company posted (‑$1.66) EPS on $1.22 billion in revenue and still shows negative margins and ROE, with analysts forecasting roughly (‑$1) EPS for the current and next fiscal years.
• Shares trade near $16.88 with a $1.14 billion market cap, and the consensus rating is a Hold with a $18.36 target amid several recent downward price-target revisions and mixed analyst opinions.

Canadian Solar (NASDAQ:CSIQ - Get Free Report) is projected to announce its Q1 2026 results before the market opens on Thursday, May 14th. Analysts expect the company to announce earnings of ($1.08) per share and revenue of $950.4290 million for the quarter. Investors can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 14, 2026 at 8:00 AM ET.

Canadian Solar (NASDAQ:CSIQ - Get Free Report) last posted its quarterly earnings data 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 business 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 Trading Up 0.5%

Canadian Solar stock opened at $16.88 on Thursday. The firm has a 50-day moving average of $15.15 and a 200-day moving average of $19.87. Canadian Solar has a one year low of $8.84 and a one year 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 company has a market cap of $1.14 billion, a price-to-earnings ratio of -6.75 and a beta of 1.44.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Hsbc Holdings PLC bought a new position in Canadian Solar in the 4th quarter valued at about $278,000. Virtu Financial LLC bought a new position in Canadian Solar in the 4th quarter valued at about $410,000. Voloridge Investment Management LLC bought a new position in shares of Canadian Solar during the fourth quarter worth approximately $6,013,000. SummitTX Capital L.P. bought a new position in shares of Canadian Solar during the fourth quarter worth approximately $332,000. Finally, Quadrature Capital Ltd bought a new position in shares of Canadian Solar during the fourth quarter worth approximately $863,000. 52.36% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on CSIQ shares. Mizuho reduced their price objective on shares of Canadian Solar from $19.00 to $15.00 and set a "neutral" rating for the company in a research note on Monday, March 23rd. Oppenheimer reduced their price objective on shares of Canadian Solar from $38.00 to $19.00 and set an "outperform" rating for the company in a research note on Friday, March 20th. Wells Fargo & Company reduced their price objective on shares of Canadian Solar from $23.00 to $17.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 8th. Weiss Ratings reiterated a "sell (d+)" rating on shares of Canadian Solar in a research note on Friday, March 27th. Finally, Wall Street Zen downgraded shares of Canadian Solar from a "hold" rating to a "strong sell" rating in a research note on Monday, April 20th. 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 given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price 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.

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