Canadian Solar (CSIQ) to Release Earnings on Thursday

Key Points

• Canadian Solar is set to release its Q2 2025 earnings on Thursday, August 21st, with analysts predicting earnings of $1.14 per share and revenue of $1.90 billion.
• The company reported a loss of $1.07 EPS in its last quarter, exceeding estimates and indicating a negative return on equity of 4.34% and a revenue decline of 10% year-over-year.
• Goldman Sachs has increased its stake in Canadian Solar by 20.1% and set a price target of $9.00, reflecting a mix of positive and negative ratings from other brokerages.

Canadian Solar (NASDAQ:CSIQ - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Thursday, August 21st. Analysts expect Canadian Solar to post earnings of $1.14 per share and revenue of $1.90 billion for the quarter.

Canadian Solar (NASDAQ:CSIQ - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The solar energy provider reported ($1.07) EPS for the quarter, beating the consensus estimate of ($1.50) by $0.43. Canadian Solar had a negative return on equity of 4.34% and a negative net margin of 0.18%. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter last year, the company posted $0.19 earnings per share. The company's revenue for the quarter was down 10.0% compared to the same quarter last year. On average, analysts expect Canadian Solar to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Canadian Solar Trading Up 2.1%

Shares of CSIQ stock opened at $11.66 on Thursday. Canadian Solar has a 12 month low of $6.57 and a 12 month high of $19.55. The company has a quick ratio of 0.80, a current ratio of 1.07 and a debt-to-equity ratio of 0.84. The business's 50 day moving average is $11.83 and its two-hundred day moving average is $10.39. The company has a market cap of $780.89 million, a PE ratio of -23.32 and a beta of 1.35.

Institutional Trading of Canadian Solar

A hedge fund recently raised its stake in Canadian Solar stock. Goldman Sachs Group Inc. boosted its holdings in shares of Canadian Solar Inc. (NASDAQ:CSIQ - Free Report) by 20.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 548,853 shares of the solar energy provider's stock after purchasing an additional 92,002 shares during the period. Goldman Sachs Group Inc. owned 0.83% of Canadian Solar worth $4,748,000 as of its most recent SEC filing. Institutional investors own 52.36% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on CSIQ. The Goldman Sachs Group increased their price target on Canadian Solar from $8.00 to $9.00 and gave the company a "sell" rating in a report on Friday, May 16th. Roth Capital set a $11.00 price target on Canadian Solar and gave the stock a "neutral" rating in a report on Friday, May 16th. Citigroup upgraded Canadian Solar from a "sell" rating to a "neutral" rating and set a $8.00 price target for the company in a report on Thursday, April 17th. Mizuho cut their price target on Canadian Solar from $17.00 to $15.00 and set an "outperform" rating for the company in a report on Monday, June 2nd. Finally, Wells Fargo & Company upped their price target on Canadian Solar from $10.00 to $11.00 and gave the stock an "equal weight" rating in a report on Friday, May 16th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $14.39.

About Canadian Solar

Canadian Solar Inc, together with its subsidiaries, provides solar energy and battery energy storage products and solutions in in Asia, the Americas, Europe, and internationally. The company operates through two segments, CSI Solar and Recurrent Energy. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products.

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