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Canadian Solar Inc (CSIQ)
NASDAQ:CSIQ
Canadian Solar (CSIQ) Stock Forecast & Price Target
2,398 Followers
See the Price Targets and Ratings of:
CSIQ Analyst Ratings
Moderate Buy
3 Buy
1 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
CSIQ Stock 12 Month Forecast
Average Price Target
$28.60
▲(81.13% Upside)
| Highest Price Target$43.00 | Average Price Target$28.60 | Lowest Price Target$20.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
J.P. Morgan
Reiterated
07/16/24
Roth MKM
Assigned
05/22/24
Goldman Sachs
Assigned
05/10/24
Oppenheimer
Reiterated
05/09/24
Wells Fargo
$23
Hold
$23.00
(45.66% Upside)
Assigned
03/18/24
Wells Fargo Gives a Hold Rating to Canadian Solar (CSIQ)
GLJ Research
$16.43→$9.1
Sell
$9.10
(-42.37% Downside)
Reiterated
03/13/24
Canadian Solar price target lowered to $9.10 from $16.43 at GLJ ResearchCanadian Solar price target lowered to $9.10 from $16.43 at GLJ Research
DBS
$21
Hold
$21.00
(33.00% Upside)
Reiterated
01/15/24
We maintain HOLD on the counter with US$21 TP. We maintain HOLD on the counter with US$21 TP. Our target price is based on target P/E of 6x, 1SD below historical average since 2020.
Unknown Analyst
Not Ranked
Daiwa
$21
Hold
$21.00
(33.00% Upside)
Initiated
03/11/24
Daiwa Securities starts Canadian Solar (CSIQ) at Neutral (3)Daiwa Securities initiates coverage on Canadian Solar (NASDAQ: CSIQ) with a Neutral (3) rating and a price target of $21.00.
Best Analysts Covering Canadian Solar
Which Analyst Should I Follow If I Want to Buy CSIQ and Sell After:
1 Month
xxx
Success Rate
13/23 ratings generated profit
Average Return
+0.37%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 56.52% of your transactions generating a profit, with an average return of +0.37% per trade.
3 Months
xxx
Success Rate
9/23 ratings generated profit
Average Return
+3.99%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 39.13% of your transactions generating a profit, with an average return of +3.99% per trade.
1 Year
Success Rate
11/23 ratings generated profit
Average Return
+10.54%
reiterated a buy rating 2 months ago
Copying Colin Rusch's trades and holding each position for 1 Year would result in 47.83% of your transactions generating a profit, with an average return of +10.54% per trade.
2 Years
xxx
Success Rate
10/23 ratings generated profit
Average Return
+22.38%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 43.48% of your transactions generating a profit, with an average return of +22.38% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
CSIQ Analyst Recommendation Trends
Rating
Mar 24
Apr 24
May 24
Jun 24
Jul 24
Strong Buy
2
2
3
2
2
Buy
0
1
2
2
1
Hold
8
8
7
2
1
Sell
0
0
1
1
2
Strong Sell
1
1
1
0
0
total
11
12
14
7
6
Each month's total comprises the sum of three months' worth of ratings.
CSIQ Financial Forecast
CSIQ Stock Forecast FAQ
What is CSIQ’s average 12-month price target, according to analysts?
Based on analyst ratings, Canadian Solar Inc’s 12-month average price target is $28.60.
What is CSIQ’s upside potential, based on the analysts’ average price target?
Canadian Solar Inc has 81.13% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is CSIQ a Buy, Sell or Hold?
Canadian Solar Inc has a consensus rating of Moderate Buy which is based on 3 buy ratings, 1 hold ratings and 1 sell ratings.
What is Canadian Solar Inc’s price target?
The average price target for Canadian Solar Inc is $28.60. This is based on 5 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $43.00 ,the lowest forecast is $20.00. The average price target represents 81.13% Increase from the current price of $15.79.
The highest analyst price target is $43.00 ,the lowest forecast is $20.00. The average price target represents 81.13% Increase from the current price of $15.79.
What do analysts say about Canadian Solar Inc?
Canadian Solar Inc’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 5 Wall Streets Analysts.
How can I buy shares of CSIQ?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.