Canadian Solar Inc. - common shares (CSIQ) Social Stream
Canadian Solar Inc (CSIQ) Price Targets From Analysts
Use the tables below to see what analysts covering Canadian Solar Inc think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-19 | 4 | $71 | $51 | $57.25 | $35.82 | 59.83% |
| 2021-12-13 | 5 | $71 | $44 | $54.4 | $35.82 | 51.87% |
| 2021-12-21 | 5 | $55 | $44 | $49.4 | $35.82 | 37.91% |
| 2022-01-20 | 5 | $55 | $41 | $47.6 | $35.82 | 32.89% |
| 2022-03-18 | 5 | $55 | $39 | $47.6 | $35.82 | 32.89% |
The Trend in the Analyst Price Target
CSIQ's average price target has moved down $3.97 over the prior 47 weeks.
CSIQ reports an average of 32.14% for its upside potential over the past 49 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-05-08 | 5 | 63 | 46 | 51.57 | 39.63 | 30.13% |
| 2021-06-13 | 5 | 58 | 42 | 49.43 | 40.27 | 22.75% |
| 2021-07-10 | 5 | 58 | 42 | 50.00 | 40.81 | 22.52% |
| 2021-08-14 | 4 | 58 | 44 | 50.38 | 38.58 | 30.59% |
| 2021-11-19 | 4 | 71 | 51 | 57.25 | 40.88 | 40.04% |
CSIQ Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.8 | 3 | 0 | 2 | 0 | 0 | 5 |
The Trend in the Broker Recommendations
Over the past 151 days, CSIQ's average broker recommendation rating improved by 0.43.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- To contextualize these metrics, consider that out of all US stocks, Canadian Solar Inc's number of analysts covering the stock is higher than 169.16% of them.
- CSIQ has a lower variance in analysts' estimates than -123.98% of Technology stocks.
- CSIQ has a greater upside potential (average analyst target price relative to current price) than 284.69% of Technology stocks.
- To contextualize these metrics, consider that out of stocks in the mid market cap category, Canadian Solar Inc's average analyst price target is greater than 404.79% of them.
In the Electronic Equipment industry, CRUS, CRDO, and CCMP are the three stocks most similar to Canadian Solar Inc regarding the price target and analyst recommendation information presented here.
What is the outlook for CSIQ? Use POWR Ratings for clearer insight into price direction.