Canadian SolarCSIQ
About: Canadian Solar Inc is a Canadian solar power company. It is an integrated provider of solar power products, services, and system solutions. The company engages in designing, developing, and manufacturing solar ingots, wafers, cells, modules, and other solar power products. It operates through two business segments CSI Solar and Recurrent Energy segment. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. Its Recurrent segment primarily comprises solar and battery storage project development and sale, O&M and asset management services for operational projects, sale of electricity, and investment in retained assets.
Employees: 22,234
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
20% more capital invested
Capital invested by funds: $457M [Q2] → $548M (+$90.6M) [Q3]
2.7% more ownership
Funds ownership: 46.76% [Q2] → 49.45% (+2.7%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
4% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 49
11% less funds holding
Funds holding: 150 [Q2] → 133 (-17) [Q3]
45% less call options, than puts
Call options by funds: $46.1M | Put options by funds: $83.7M
55% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 31
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Mizuho Maheep Mandloi 27% 1-year accuracy 7 / 26 met price target | 74%upside $20 | Outperform Initiated | 13 Dec 2024 |
Wells Fargo Michael Blum 75% 1-year accuracy 24 / 32 met price target | 13%upside $13 | Equal-Weight Maintained | 5 Dec 2024 |
Jefferies Johnson Wan 50% 1-year accuracy 1 / 2 met price target | 23%upside $14.15 | Buy Initiated | 22 Nov 2024 |
Citigroup Vikram Bagri 38% 1-year accuracy 3 / 8 met price target | 4%downside $11 | Sell Downgraded | 22 Oct 2024 |
Financial journalist opinion
Based on 14 articles about CSIQ published over the past 30 days