Canadian Solar (NASDAQ:CSIQ) Upgraded at Mizuho

Mizuho upgraded shares of Canadian Solar (NASDAQ:CSIQ) from an underperform rating to a neutral rating in a report issued on Tuesday morning, Marketbeat Ratings reports. Mizuho currently has $19.00 price objective on the solar energy provider’s stock, down from their prior price objective of $21.00.

Other analysts have also issued research reports about the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Canadian Solar in a report on Monday, December 29th. Daiwa Securities Group raised Canadian Solar from a “neutral” rating to an “outperform” rating and set a $30.00 target price on the stock in a research report on Tuesday, December 2nd. UBS Group increased their price target on Canadian Solar from $15.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, November 19th. Finally, Roth Mkm raised their price target on Canadian Solar from $11.00 to $30.00 and gave the stock a “neutral” rating in a report on Monday, November 17th. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $19.63.

Canadian Solar Trading Down 26.9%

NASDAQ CSIQ opened at $13.53 on Tuesday. Canadian Solar has a 52 week low of $6.57 and a 52 week high of $34.59. The company has a 50 day moving average price of $19.55 and a 200 day moving average price of $19.57. The company has a quick ratio of 0.86, a current ratio of 1.07 and a debt-to-equity ratio of 0.93. The firm has a market cap of $906.10 million, a PE ratio of -37.58 and a beta of 1.31.

Canadian Solar (NASDAQ:CSIQ) last announced its earnings results on Thursday, March 19th. The solar energy provider reported ($1.66) earnings per share for the quarter, missing the consensus estimate of ($1.10) by ($0.56). The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.37 billion. Canadian Solar had a net margin of 0.27% and a negative return on equity of 5.28%. Canadian Solar’s revenue was down 20.0% on a year-over-year basis. During the same quarter last year, the business earned $0.48 earnings per share. As a group, sell-side analysts forecast that Canadian Solar will post -0.23 EPS for the current fiscal year.

Hedge Funds Weigh In On Canadian Solar

Hedge funds have recently made changes to their positions in the company. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Canadian Solar in the 4th quarter worth $1,140,000. Caitong International Asset Management Co. Ltd grew its stake in Canadian Solar by 427.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 16,879 shares of the solar energy provider’s stock valued at $401,000 after purchasing an additional 13,681 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of Canadian Solar in the fourth quarter valued at about $410,000. Voloridge Investment Management LLC acquired a new position in shares of Canadian Solar in the fourth quarter valued at about $6,013,000. Finally, SummitTX Capital L.P. purchased a new position in shares of Canadian Solar in the fourth quarter worth about $332,000. 52.36% of the stock is owned by institutional investors and hedge funds.

Canadian Solar News Roundup

Here are the key news stories impacting Canadian Solar this week:

• Positive Sentiment: Canadian Solar won a 500 MW battery storage deal with a U.S. utility, highlighting growth in energy storage that can help diversify revenue beyond modules. Canadian Solar snags 500 MW battery storage deal with U.S. utility
• Positive Sentiment: Mizuho upgraded CSIQ to Neutral, a modest vote of confidence that could cap further downdraft if sentiment stabilizes. Mizuho Upgrades Canadian Solar (NASDAQ:CSIQ) to Neutral
• Positive Sentiment: Full-year 2025 operational highlights: 24.3 GW of module shipments and record 8.1 GW shipped to the U.S., which supports longer-term sales capacity despite near-term weakness. Canadian Solar Reports Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: The company’s Q4 earnings call transcript and slide deck are available for investors to assess management’s explanations and plans; the transcript provides detail on margins, region-specific demand and product mix. Canadian Solar Inc. (CSIQ) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Reported short-interest data in some feeds shows zero shares, likely a data anomaly; short-interest does not appear to explain the move. (Reported internally)
• Negative Sentiment: Q4 results missed expectations: CSIQ reported a net loss of $86M, EPS of ($1.66) vs. consensus around ($1.10), and revenue of $1.22B vs. ~$1.37B expected — the miss is the primary catalyst for the selloff. Canadian Solar posts $1.2 billion in Q4 revenue, missing analyst targets
• Negative Sentiment: Management blamed a prolonged sector downturn and regulatory headwinds; weak Q1 revenue guidance came in below estimates, increasing near-term earnings risk and prompting heavy selling. Canadian Solar Stock Falls After Q4 Revenue Miss, Weak Q1 Outlook
• Negative Sentiment: The earnings shock produced sharp intraday declines (pre-market and morning headlines noted double-digit drops), increasing volatility and short-term downside risk. Canadian Solar stock tumbles on bigger-than-expected Q4 loss
• Negative Sentiment: An investor law firm announced an investigation into potential claims, which could prolong uncertainty and pressure the stock if it leads to litigation. Canadian Solar Shareholders Are Encouraged to Reach Out to Johnson Fistel

About Canadian Solar

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.