Canadian Solar Stock Target Price and Analyst Consensus

CSIQ Stock  USD 11.30  0.50  4.24%   
The current analyst and expert consensus on Canadian Solar is Buy, with 1 strong sell and 3 strong buy opinions. The current projected Canadian Solar target price consensus is 39.38 with 9 analyst opinions. Check out Macroaxis Advice on Canadian Solar to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Canadian Stock, please use our How to Invest in Canadian Solar guide.
The most common way Canadian Solar analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Canadian Solar executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Canadian Solar. We strongly encourage you to use your own analysis of Canadian Solar to validate this buy or sell advice. Canadian Solar buy-or-sell recommendation module provides average expert sentiment on the projected Canadian Solar target price to derive its highest and lowest estimates based on projected price volatility of 5.7024.
Lowest Forecast
35.84
Highest Forecast
43.71
Target Price
39.38
As of 11/22/2024, Gross Profit is likely to grow to about 1.3 B. Also, Pretax Profit Margin is likely to grow to 0.05. At this time, Canadian Solar's Cash And Short Term Investments are relatively stable compared to the past year. As of 11/22/2024, Net Receivables is likely to grow to about 1.3 B, while Accounts Payable is likely to drop slightly above 458 M.
  
It's important to approach Canadian Solar's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Canadian Solar price targets

Canadian Solar's stock target price is an estimate of its future price, usually made by analysts. Using Canadian Solar's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Canadian Solar's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Canadian Solar's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Canadian Solar Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Canadian Solar is a key component of Canadian Solar valuation and have some predictive power on the future returns of a Canadian Solar.
Hype
Prediction
LowEstimatedHigh
5.6011.3017.00
Details
Intrinsic
Valuation
LowRealHigh
5.0210.7216.42
Details
Naive
Forecast
LowNextHigh
3.309.0014.70
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.26-0.12-0.04
Details

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Gambling Idea
Gambling
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 60 shares
Impulse Idea
Impulse
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 40 shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Cash Cows Idea
Cash Cows
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested over 50 shares
Chemicals Idea
Chemicals
Invested over 30 shares
FinTech Idea
FinTech
Invested over 60 shares
Momentum Idea
Momentum
Invested few shares

Additional Tools for Canadian Stock Analysis

When running Canadian Solar's price analysis, check to measure Canadian Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Solar is operating at the current time. Most of Canadian Solar's value examination focuses on studying past and present price action to predict the probability of Canadian Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Solar's price. Additionally, you may evaluate how the addition of Canadian Solar to your portfolios can decrease your overall portfolio volatility.