UBS cuts target from USD 25.00 to USD 16.00 for Canadian Solar stock

Published on 10/15/2026 at 20:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Next results are estimated for November 12, 2026. Canadian Solar stock costs EUR 9.19 on October 15, 2026, down 0.34 percent on Nasdaq.

Targets and upcoming results

UBS lowered its Canadian Solar target to USD 16.00 from USD 25.00 on October 14, 2026.
The next results are estimated for November 12, 2026.
Canadian Solar stock costs EUR 9.19 at Lang & Schwarz on October 15, 2026 at 9:49 p.m. CEST, down 0.34 percent on Nasdaq.
Canadian Solar had a USD 699.0 million market capitalization on October 15, 2026.

CSIQ, CA1366351098, Illustration mit AI erstellt.

UBS lowered its Canadian Solar price target from USD 25.00 to USD 16.00 on October 14, 2026, while keeping a Buy rating, according to Investing.com. Against the USD 10.29 Nasdaq price, the new target implies 55.49 percent upside. Canadian Solar stock was trading at EUR 9.19 at Lang & Schwarz on October 15, 2026 at 9:49 p.m. CEST, down 0.34 percent on Nasdaq versus the prior close.

Target cut puts margins first

UBS tied the lower target to weaker margin expectations and reduced its 2026 adjusted EBITDA forecast from USD 511 million to USD 501 million. The firm said its longer-term earnings view changed little, while Canadian Solar's storage, development and manufacturing businesses remain central to the valuation, according to Investing.com.

November date sets the next test

Canadian Solar is estimated to report third-quarter 2026 results on November 12, 2026, before the Nasdaq open, with an 8:00 a.m. ET conference call. MarketBeat lists consensus revenue of USD 1.39 billion and adjusted earnings per share of minus USD 0.66 for the quarter. The date is an estimate and remains the next scheduled reporting marker for the stock.

Stock valuation and business scale

Finance data placed Canadian Solar's market capitalization at USD 699.0 million, with a negative trailing P/E ratio of minus 3.74 on October 15, 2026. The Nasdaq quote ranged from USD 9.95 to USD 34.59 over the previous 52 weeks, putting the USD 10.29 price 3.42 percent above the low. Trading volume was 1,020,867 shares against an average of 1,878,414.

Canadian Solar says it manufactures photovoltaic modules, supplies battery storage and develops utility-scale solar projects. Its investor-relations profile lists an e-STORAGE contracted backlog of USD 3.5 billion as of June 30, 2026, and more than 23 GWh of battery-storage shipments. The company is listed on the Nasdaq under CSIQ, according to Canadian Solar.

Comparison with peers

CSIQ (Nasdaq, USD): minus 0.34 percent, P/E minus 3.74, market capitalization USD 699.0 million.

First Solar (Nasdaq, USD): minus 0.08 percent, P/E 11.01, market capitalization USD 19.2 billion.

Enphase Energy (Nasdaq, USD): plus 2.28 percent, P/E 29.98, market capitalization USD 4.0 billion.

What comes next for CSIQ

The UBS target reset gives the November report a clear valuation checkpoint: investors will compare actual margins and storage deliveries with the assumptions behind the USD 16.00 target. The next scheduled date is November 12, 2026.

Canadian Solar stock was trading at EUR 9.19 at Lang & Schwarz on October 15, 2026 at 9:49 p.m. CEST, down 0.34 percent on Nasdaq from the prior close. The further course of trading is shown by the continuously updated real-time quote of Canadian Solar stock.