Mizuho has downgraded Canadian Solar Inc (CSIQ) to Underperform from Outperform, effective November 18, 2025. The company's shares currently trade at $20.75.
This downgrade suggests increased caution regarding Canadian Solar's outlook. Analysts may be responding to competitive pressures, market conditions, or execution risks that could adversely affect the company's performance.
Canadian Solar, headquartered in Guelph, Ontario, manufactures solar photovoltaic modules and provides solar energy and battery storage solutions. The company operates through two segments: Recurrent Energy, which focuses on project development and asset management, and CSI Solar, which encompasses manufacturing and total system solutions. As of November 20, 2025, Canadian Solar has a market capitalisation of $1.4 billion, a P/E ratio of 89.06, and an EPS of 0.23.
Upcoming earnings reports are scheduled for March 23 and May 13, 2026, with estimated revenues of $1.5 billion and $1.6 billion, respectively.
Analyst ratings, such as Mizuho's recent downgrade, provide insights based on research and financial models. However, they should be considered alongside company fundamentals and broader industry trends. As of November 1, 2025, the analyst consensus for Canadian Solar is Hold, with a total of 17 ratings, including 2 Strong Buy, 2 Buy, 6 Hold, 4 Sell, and 3 Strong Sell. Analyst opinions may evolve as new information emerges.