CSIQ icon

Canadian Solar

11.15 USD
+1.87
20.15%
At close Apr 25, 4:00 PM EDT
After hours
11.00
-0.15
1.35%
1 day
20.15%
5 days
52.53%
1 month
14.24%
3 months
4.21%
6 months
-16.85%
Year to date
-7.39%
1 year
-23.10%
5 years
-35.32%
10 years
-68.72%
 

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

0
Funds holding %
of 7,419 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

200% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 3 (+2) [Q4]

17% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 18

2% more funds holding

Funds holding: 133 [Q3] → 135 (+2) [Q4]

2.18% less ownership

Funds ownership: 49.45% [Q3] → 47.28% (-2.18%) [Q4]

36% less capital invested

Capital invested by funds: $548M [Q3] → $349M (-$198M) [Q4]

39% less call options, than puts

Call options by funds: $24.6M | Put options by funds: $40.6M

42% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 55

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$8
28%
downside
Avg. target
$8.50
24%
downside
High target
$9
19%
downside

2 analyst ratings

positive
0%
neutral
50%
negative
50%
Citigroup
Vikram Bagri
33% 1-year accuracy
4 / 12 met price target
28%downside
$8
Neutral
Upgraded
17 Apr 2025
Goldman Sachs
Brian Lee
35% 1-year accuracy
29 / 82 met price target
19%downside
$9
Sell
Maintained
26 Mar 2025

Financial journalist opinion

Based on 7 articles about CSIQ published over the past 30 days

Neutral
Zacks Investment Research
2 days ago
FSLR vs. CSIQ: Which Solar Stock Is the Brighter Player?
Solar investors should stay invested in FSLR, considering CSIQ's weak solvency position and unattractive valuation.
FSLR vs. CSIQ: Which Solar Stock Is the Brighter Player?
Neutral
PRNewsWire
3 days ago
Canadian Solar's e-STORAGE to Deliver 912 MWh of Energy Storage Solutions for Colbún's Diego de Almagro Sur Project in Chile
KITCHENER, ON , April 23, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has signed a contract with Colbún, one of Chile's leading power generation companies, to supply a 228 MW/912 MWh Battery Energy Storage System (BESS) for the Diego de Almagro Sur project in Chile's Atacama Region.
Canadian Solar's e-STORAGE to Deliver 912 MWh of Energy Storage Solutions for Colbún's Diego de Almagro Sur Project in Chile
Neutral
PRNewsWire
5 days ago
Recurrent Energy Announces Successful Operation of 127 MW Solar Project in Louisiana
KITCHENER, ON , April 21, 2025 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ), and a global developer, owner, and operator of solar and energy storage assets, held a tour and ribbon cutting ceremony at Bayou Galion Solar, a 127 MWdc solar project located in Northeast Louisiana. The project commenced operations in November 2024.
Recurrent Energy Announces Successful Operation of 127 MW Solar Project in Louisiana
Negative
Zacks Investment Research
2 weeks ago
New Strong Sell Stocks for April 9th
CSIQ, ARMP and DAR have been added to the Zacks Rank #5 (Strong Sell) List on April 9, 2025.
New Strong Sell Stocks for April 9th
Negative
Seeking Alpha
3 weeks ago
Canadian Solar Vs JinkoSolar: Which Solar Giant Is The Smarter Buy Now?
Both Canadian Solar and JinkoSolar are facing significant challenges due to industry overcapacity, leading to lower solar panel prices and squeezed profit margins. Stock prices and valuations in the solar industry have reached multi-year lows, suggesting undervaluation and creating opportunities for those that are willing to dig deeper. Despite current challenges, the long-term outlook for solar energy is positive, driven by the global energy transition and decreasing costs.
Canadian Solar Vs JinkoSolar: Which Solar Giant Is The Smarter Buy Now?
Neutral
PRNewsWire
3 weeks ago
Canadian Solar and Flow Power to Install Innovative Anti-Hail Solar Panels
Canadian Solar's new anti-hail technology is set to be installed at a new South Australian solar BESS energy project by Flow Power, enhancing the resilience of solar energy in Australia's harsh climate. KITCHENER, ON , April 1, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that its subsidiary in Australia and Flow Power, one of Australia's fastest growing energy retailers, have teamed up to deliver the first Flow Power solar project featuring Canadian Solar's anti-hail modules.
Canadian Solar and Flow Power to Install Innovative Anti-Hail Solar Panels
Negative
Seeking Alpha
3 weeks ago
Canadian Solar: Facing Headwinds While Navigating Strong Storage Demand
Canadian Solar remains resilient despite market headwinds, with strong storage business growth and diversified revenue streams offsetting module sales softness. The company faces challenges adapting to new technologies like TOPCon, incurring significant costs to update outdated manufacturing assets. Investments in U.S. manufacturing add uncertainty, with potential political and operational risks, but aim to reduce reliance on China.
Canadian Solar: Facing Headwinds While Navigating Strong Storage Demand
Negative
Zacks Investment Research
1 month ago
Canadian Solar Q4 Loss Wider Than Expected, Revenues Fall Y/Y
CSIQ's fourth-quarter revenues miss the Zacks Consensus Estimate by 3.7%. The top line also decreases 10.6% from the year-ago level.
Canadian Solar Q4 Loss Wider Than Expected, Revenues Fall Y/Y
Neutral
Schaeffers Research
1 month ago
Solar Stocks Rebound Despite Canadian Solar Earnings Miss
Canadian Solar Inc (NASDAQ:CSIQ) reported fourth-quarter earnings today, posting a steep loss of $1.47 per share -- far wider than the expected $0.03 loss.
Solar Stocks Rebound Despite Canadian Solar Earnings Miss
Neutral
Seeking Alpha
1 month ago
Canadian Solar Inc. (CSIQ) Q4 2024 Earnings Call Transcript
Canadian Solar Inc. (NASDAQ:CSIQ ) Q4 2024 Earnings Conference Call March 25, 2025 8:00 AM ET Company Participants Wina Huang - Head, Investor Relations Shawn Qu - Chairman & Chief Executive Officer Yan Zhuang - President, CSI Solar Ismael Guerrero - President, Recurrent Energy Xinbo Zhu - Senior Vice President & Chief Financial Officer Conference Call Participants Colin Rusch - Oppenheimer Praneeth Satish - Wells Fargo Maheep Mandloi - Mizuho Securities Alan Lau - Jefferies Vikram Bagri - Citi Philip Shen - ROTH Capital Partners Brian Lee - Goldman Sachs Operator Ladies and gentlemen, thank you for standing by. Welcome to Canadian Solar's Fourth Quarter 2024 Earnings Conference Call.
Canadian Solar Inc. (CSIQ) Q4 2024 Earnings Call Transcript
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