Canadian Solar stock carries a lower USD 14.02 analyst target

Published on 10/06/2026 at 12:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Canadian Solar stock reported USD 1.21 billion in Q2 revenue on August 27, 2026, but lost USD 76.9 million. Nasdaq trading showed USD 11.19 on October 5.

CSIQ, CA1366351098, Illustration mit AI erstellt.

Canadian Solar stock (ISIN CA1366351098) was last at USD 11.19 on Nasdaq on October 5, 2026, with a daily change of 0.04 percent. The latest analyst survey lowered the average 12-month target from USD 14.98 to USD 14.02, keeping the debate focused on whether the company can convert sales into profit.

Target falls as losses widen

According to TradingView on October 2, 2026, the average target from 10 analysts fell to USD 14.02 from USD 14.98. The published forecast range was USD 5.58 to USD 21.00, while the consensus rating remained Hold across 11 analysts, including 2 Buys, 6 Holds and 3 Sells.

Against the October 5 price of USD 11.19, the USD 14.02 average target lies 25.3 percent above the stock. That comparison is more constructive than the target revision itself, but it still leaves profitability as the central test for the equity story.

Q2 revenue meets the pressure point

Canadian Solar reported USD 1.21 billion in second-quarter 2026 revenue on August 27, 2026, according to the company's investor-relations materials and its earnings-call transcript carried by Yahoo Finance. Revenue reached the high end of guidance, but the company recorded a net loss attributable to shareholders of USD 76.9 million, or USD 1.40 per diluted share.

The transcript identified elevated freight costs and ramp-up expenses at the Jeffersonville solar-cell facility as profitability pressures. It also reported second-quarter recognition of 3.1 GW of module revenue and 3.3 GWh of energy-storage solutions, giving the manufacturing business a larger operating role while project sales remained uneven.

Stock sits far below yearly high

CSIQ's October 5 range was USD 10.88 to USD 11.20, while its 52-week range was USD 10.34 to USD 34.59. At USD 11.19, the stock stood 67.6 percent below the 52-week high, making the analyst target comparison dependent on a substantial recovery rather than a small valuation adjustment.

Canadian Solar's investor-relations profile says its e-STORAGE business had a contracted backlog of USD 3.5 billion as of June 30, 2026. The company also describes its business as spanning solar modules, battery storage and utility-scale project development, so the next earnings update will test both manufacturing margins and project execution.

Canadian Solar stock stays near its yearly low

Canadian Solar stock was last at USD 11.19 on Nasdaq on October 5, 2026, only USD 0.85 above the 52-week low of USD 10.34. The market capitalization was USD 759.8 million on the same date.