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Mizuho Reiterates ‘Outperform’ Rating on Canadian Solar (CSIQ) on Tariff Clarity Impact

Canadian Solar Inc. (NASDAQ:CSIQ) is one of the green energy stocks with long-term upside potential. On August 22, Mizuho reiterated an ‘Outperform’ rating on the stock but cut its price target to $15 from $17.

The price cut follows disappointing second-quarter results, in which Canadian Solar reported a loss of $0.53 per share, worse than the expected earnings of $1.48 per share. Revenue, on the other hand, totaled $1.7 billion, missing estimates of $1.93 billion. The disappointing results were attributed to delayed project sales and energy storage shipments.

Nevertheless, the company’s gross margin increased due to a favorable US sales mix and one-time project sales. Mizuho remains optimistic about Canadian Solar’s prospects, thus maintaining the outperform rating. That’s in part because shipments are expected to increase in the second half of the year due to tariff clarity.

Canadian Solar Inc. (NASDAQ:CSIQ) is a global renewable energy company that manufactures solar photovoltaic modules, provides solar energy and battery energy storage solutions, and develops, owns, and operates large-scale solar and battery energy storage projects worldwide.

While we acknowledge the potential of Canadian Solar Inc. (NASDAQ:CSIQ) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CSIQ and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: Ken Griffin Stock Portfolio: Top 12 Stock Picks and Goldman Sachs Tech Stocks: Top 10 Stocks to Buy Now.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

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And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

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