Canadian Solar Inc. (CSIQ) Stock Forecast & Price Target

Canadian Solar Inc. (CSIQ) has an ST Score of 45.3 (C+), on our 0–100 scale where higher is stronger. The ST Score combines eight factor grades — valuation, profitability, financial strength, momentum, growth, forecast, sentiment and Piotroski — into a single A+ to F rating.

Analysts rate CSIQ a Buy, with a price target of $16.25 (+66.3% vs the current price). Our ST Score grades it C+ (45.3/100). The ST Score is a data-driven signal, not a recommendation.

Valuation B, Profitability B-, Financial Strength C-, Momentum B-, Growth C-, Forecast B.

Canadian Solar Inc. (CSIQ) earns a valuation grade of B, measured against Solar peers. The valuation factor looks at multiples such as P/E, P/S, P/B, EV/EBITDA and free cash flow yield.

Canadian Solar Inc. (CSIQ) earns a growth grade of C-, measured against Solar peers. The growth factor looks at revenue, earnings and cash flow growth over recent quarters and years.

Canadian Solar Inc. (CSIQ) earns a profitability grade of B-, measured against Solar peers. The profitability factor looks at margins and returns such as gross margin, net margin, ROE and ROIC.

Canadian Solar Inc. (CSIQ) earns a financial strength grade of C-, measured against Solar peers. The financial strength factor looks at debt levels, liquidity and coverage ratios.

The average analyst price target for Canadian Solar Inc. (CSIQ) is $16.25 from 33 analysts, which is +66.3% versus the recent price of $9.77.

Canadian Solar Inc. (CSIQ) has a Piotroski F-Score of 2 out of 9. The Piotroski score checks nine accounting signals covering profitability, leverage and operating efficiency; scores of 8–9 are considered strong and 0–2 weak.