Canadian Solar stock falls after a Q2 loss and soft Q3 guide
Published on 08/29/2026 at 20:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Canadian Solar Inc. (CSIQ) posted second-quarter 2026 revenue of $1.21 billion, a loss of $1.40 a share, and third-quarter revenue guidance of $1.3 billion to $1.5 billion, setting the tone for a weaker read-through into August 29, 2026.
The latest snapshot put the market value at $892.21 million, with the shares trading between $12.91 and $13.78 in the session and sitting inside a 52-week range of $9.41 to $34.59.
Second-quarter pressure
The quarter was mixed on the top line and weak below it. Revenue of $1.21 billion beat the $1.17 billion consensus estimate, but earnings still missed by $1.22 a share, and the business showed a 28.7% drop from the prior year.
Energy-storage shipments reached 3.7 GWh, up 73% year over year, but that strength did not offset the earnings shortfall. Net margin also stayed negative at 3.73%, while return on equity was negative 5.55%.
Guidance stayed cautious
Management's third-quarter revenue range of $1.3 billion to $1.5 billion sits below the $1.7 billion consensus cited in the latest market coverage. That gap of at least $200 million at the midpoint is the clearest number in the update.
Analysts were still split on valuation after the release, with one target cut to $15 from $18 and a broader market view around $17.75. The stock's market cap of $892.21 million remains small relative to the scale of its quarterly sales.
More on Canadian Solar's product mix
The company sells solar modules, battery storage systems, and project development assets, which is why storage growth can matter even when module pricing is under pressure. First-half 2026 revenue in China was reported at CNY 12.78 billion, down 39.3% year over year, while net profit attributable to shareholders fell 59.0% to CNY 300 million.
Canadian Solar shares and market view
As of August 29, 2026, Canadian Solar shares traded at $13.14, leaving the stock well below its 52-week high of $34.59. The gap between that high and the latest quote shows how much of the rebound case depends on a cleaner earnings path.
Company
Company: Canadian Solar Inc.
ISIN: CA1366351098
Ticker: CSIQ
Exchange: NASDAQ
Price (as of August 29, 2026): $13.14 USD
Market cap: $892.21 million
Sector / Industry: Energy / Solar
Index membership: Russell 2000
