Canadian Solar (CSIQ) Projected to Release Earnings on Thursday

Canadian Solar (NASDAQ:CSIQ) is expected to be announcing its Q3 2026 results before the market opens on Thursday, November 12th. Analysts expect Canadian Solar to announce earnings of ($0.6861) per share and revenue of $1.38 billion for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 12, 2026 at 8:00 AM ET.

Canadian Solar (NASDAQ:CSIQ) last posted its quarterly earnings data on Thursday, August 27th. The solar energy provider reported ($1.40) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($1.22). Canadian Solar had a negative return on equity of 5.57% and a negative net margin of 3.73%. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period in the previous year, the business posted ($0.53) EPS. The business’s quarterly revenue was down 28.7% on a year-over-year basis. On average, analysts expect Canadian Solar to post ($2.93) EPS for the current fiscal year and $0.19 EPS for the next fiscal year.

Canadian Solar Stock Performance

NASDAQ:CSIQ opened at $10.78 on Thursday. Canadian Solar has a 1 year low of $8.79 and a 1 year high of $34.59. The firm has a 50 day moving average of $11.31 and a 200-day moving average of $15.26. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $731.96 million, a P/E ratio of -2.81 and a beta of 1.50.

Analyst Upgrades and Downgrades

CSIQ has been the topic of a number of research analyst reports. Roth Capital set a $15.00 price target on Canadian Solar in a research report on Friday, August 28th. JPMorgan Chase & Co. cut their price objective on Canadian Solar from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Monday, October 19th. Weiss Ratings lowered Canadian Solar from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, August 27th. UBS Group reduced their price objective on Canadian Solar from $25.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, October 14th. Finally, Zacks Research cut Canadian Solar from a “hold” rating to a “strong sell” rating in a report on Thursday, October 15th. Three research analysts have rated the stock with a Buy rating, five have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Canadian Solar presently has a consensus rating of “Reduce” and an average target price of $15.84.

About Canadian Solar

Canadian Solar Inc is a global solar energy company that designs, manufactures and delivers renewable energy products and solutions. Founded in 2001 by Dr. Shawn Qu, the company is headquartered in Guelph, Ontario, Canada, and serves customers in markets across North America, Latin America, Europe, Africa, the Middle East, Australia and Asia.

Through its CSI Solar business, Canadian Solar provides photovoltaic solar modules, inverters, battery energy storage systems and other components used in residential, commercial, industrial and utility-scale projects.