UBS Group AG Purchases 166,412 Shares of Canadian Solar Inc. $CSIQ

UBS Group AG increased its position in Canadian Solar Inc. (NASDAQ:CSIQ) by 71.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 399,963 shares of the solar energy provider’s stock after purchasing an additional 166,412 shares during the quarter. UBS Group AG’s holdings in Canadian Solar were worth $9,507,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CSIQ. Raymond James Financial Inc. bought a new position in Canadian Solar in the second quarter worth $33,000. Caitong International Asset Management Co. Ltd lifted its position in Canadian Solar by 335.1% in the third quarter. Caitong International Asset Management Co. Ltd now owns 3,198 shares of the solar energy provider’s stock worth $42,000 after purchasing an additional 2,463 shares during the period. China Universal Asset Management Co. Ltd. bought a new position in Canadian Solar in the fourth quarter worth $48,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Canadian Solar by 7.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,796 shares of the solar energy provider’s stock worth $63,000 after purchasing an additional 312 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new position in Canadian Solar in the third quarter worth $73,000. 52.36% of the stock is owned by institutional investors.

Canadian Solar Price Performance

Canadian Solar stock opened at $17.88 on Friday. The business’s 50-day simple moving average is $15.20 and its 200 day simple moving average is $20.04. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of -7.10 and a beta of 1.44. Canadian Solar Inc. has a 12-month low of $9.41 and a 12-month high of $34.59. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.97.

Canadian Solar (NASDAQ:CSIQ) last posted its quarterly earnings results on Thursday, May 14th. The solar energy provider reported ($0.71) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.82) by $0.11. The business had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $950.43 million. Canadian Solar had a negative return on equity of 4.21% and a negative net margin of 1.87%.The firm’s quarterly revenue was down 9.9% compared to the same quarter last year. During the same quarter last year, the business earned ($1.07) earnings per share. As a group, research analysts anticipate that Canadian Solar Inc. will post -2.02 earnings per share for the current year.

Canadian Solar News Summary

Here are the key news stories impacting Canadian Solar this week:

• Positive Sentiment: Canadian Solar reported Q1 EPS of ($0.71), better than the consensus loss of ($1.06), and revenue of $1.08 billion, above estimates of $950.4 million, which suggests execution was stronger than feared. Article Title
• Positive Sentiment: The company said solar module shipments reached 2.5 GW, above guidance, and battery storage shipments surged, pointing to improving demand in key growth areas. Article Title
• Positive Sentiment: Management described the quarter as supported by strategic progress, including continued U.S. solar manufacturing expansion and stronger-than-expected operational results. Article Title
• Neutral Sentiment: Analysts currently rate CSIQ at an average “Hold”, suggesting expectations are balanced rather than strongly bullish. Article Title
• Negative Sentiment: Canadian Solar’s updated Q2 2026 revenue guidance of $1.0 billion to $1.2 billion came in well below the consensus estimate of about $1.6 billion, which likely weighed on the shares. Article Title
• Negative Sentiment: Recent commentary also highlighted a broader pullback in Canadian Solar stock, with investors focusing on the softer forecast despite the earnings beat. Article Title

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Canadian Solar in a research note on Friday, March 27th. Wells Fargo & Company dropped their price objective on Canadian Solar from $23.00 to $17.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 8th. Oppenheimer dropped their price objective on Canadian Solar from $38.00 to $19.00 and set an “outperform” rating for the company in a research note on Friday, March 20th. Roth Mkm dropped their price objective on Canadian Solar from $30.00 to $15.00 and set a “neutral” rating for the company in a research note on Monday, March 23rd. Finally, Wall Street Zen lowered Canadian Solar from a “hold” rating to a “strong sell” rating in a research note on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $18.36.

Canadian Solar Profile

Canadian Solar Inc (NASDAQ: CSIQ) is a global renewable energy company that specializes in the design, development and manufacturing of solar photovoltaic (PV) modules and system solutions. Founded in 2001 and headquartered in Guelph, Ontario, the company has grown to become one of the world’s largest solar module suppliers. Canadian Solar offers a comprehensive portfolio of products, including mono- and multi-crystalline solar cells and modules, as well as advanced energy storage and system integration solutions tailored for residential, commercial and utility-scale applications.

In addition to manufacturing solar components, Canadian Solar provides end-to-end services encompassing project development, engineering, procurement and construction (EPC), as well as operations and maintenance.