Canadian Solar Inc. (CSIQ)
Market Cap | 962.18M |
Revenue (ttm) | 7.24B |
Net Income (ttm) | 202.83M |
Shares Out | 66.17M |
EPS (ttm) | 2.88 |
PE Ratio | 4.88 |
Forward PE | 4.84 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,582,734 |
Open | 14.02 |
Previous Close | 14.01 |
Day's Range | 13.80 - 14.54 |
52-Week Range | 13.80 - 39.07 |
Beta | 1.35 |
Analysts | Buy |
Price Target | 29.23 (+101.03%) |
Earnings Date | Aug 20, 2024 |
About CSIQ
Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in in Asia, the Americas, Europe, and internationally. The company operates through two segments, CSI Solar and Recurrent Energy. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. It offers standard solar modules and battery storage solutions; solar system kits, such as inverters, racking systems, and other accessories; power... [Read more]
Financial Performance
In 2023, Canadian Solar's revenue was $7.61 billion, an increase of 1.94% compared to the previous year's $7.47 billion. Earnings were $274.19 million, an increase of 14.26%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for CSIQ stock is "Buy." The 12-month stock price forecast is $29.23, which is an increase of 101.03% from the latest price.
News
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Recurrent Energy Closes $103 Million Tax Credit Transfer Agreement with Bank of America for North Fork Solar Project
The 160 MW North Fork Solar Project is now in operation, supplying power to the Oklahoma Municipal Power Authority GUELPH, ON , June 27, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian...
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Canadian Solar Inc. Announces Results of 2024 Annual Meeting of Shareholders
GUELPH, ON , June 21, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), today announced that it held its Annual Meeting of Shareholders on June 21, 2024. Eac...
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Canadian Solar Partners with Lifestyle Solar to Deliver Residential Solar and Energy Storage Solutions to California Homebuilders
GUELPH, ON , June 20, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has entered into a partnership agreement with leading renewab...
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Recurrent Energy Closes $513 Million in Financing for 1,200 MWh Energy Storage Project in Arizona
Papago Storage, the largest energy storage project in Arizona, holds a 20-year tolling agreement with Arizona Public Service Company. GUELPH, ON , June 20, 2024 /PRNewswire/ -- Recurrent Energy, a sub...
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Canadian Solar to Present New EP Cube, Showcasing Advanced Safety, at Intersolar in Munich
GUELPH, ON , June 18, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it will present the new three-phase EP Cube and EP Cube Twin Pea...
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Canadian Solar Announces Operation of First FIP Projects in Japan and PPA Signing with Toyota Tsusho
GUELPH, ON , June 17, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that its first portfolio of Japan's feed-in premium (FIP) PV projects...
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D.R. Horton Offers Canadian Solar PV Panels and Residential Batteries to Power California Communities
GUELPH, ON , June 13, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has entered into an agreement with U.S. homebuilder D.R.
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Recurrent Energy and SPIC Inaugurate 446 MWp Solar Complex in Brazil
GUELPH, ON , June 10, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy stora...
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Recurrent Energy Announces Initial Closing of Investment from BlackRock
NEW YORK and GUELPH, ON , June 3, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and ...
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Canadian Solar Releases 2023 Corporate Sustainability Report
GUELPH, ON , May 31, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced the release of its 2023 Sustainability Report. This report showcases t...
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Canadian Solar unit secures up to $1.4 bln financing for European renewable energy business
Recurrent Energy, a unit of solar technology firm Canadian Solar , said on Thursday it has secured multi-currency revolving credit facility of up to 1.3 billion euros ($1.41 billion) with 10 banks.
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Recurrent Energy Secures Landmark Green, Multi-currency Financing for up to €1.3 Billion to Accelerate European Renewable Energy Portfolio
The revolving credit facility will provide flexible financing for the construction of solar and battery energy storage projects across Spain, Italy, the United Kingdom, the Netherlands, France, and Ge...
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Solar stocks are rallying, with boosts from Tesla and China
Solar stocks jumped on Wednesday, with SunPower Corp. shares leading the way after the solar-power company unveiled a deal with Tesla, Inc. for stationary batteries.
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Canadian Solar Reports First Quarter 2024 Results and Announces Appointment of Chief Financial Officer
GUELPH, ON, May 9, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the first quarter ended March 31, 2024. Highlights ...
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Canadian Solar Secures 193 MW of BESS Projects in Japan's Inaugural Long-term Decarbonization Power Source Auction
GUELPH, ON , May 8, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has won three battery energy storage system ("BESS") projects, ...
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Canadian Solar Wins Green Project Bond of the Year Award by Environmental Finance
GUELPH, ON , April 29, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has won Environmental Finance's Green Project Bond of the Ye...
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Canadian Solar Files Annual Report on Form 20-F for Year Ended December 31, 2023
GUELPH, ON , April 26, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), today announced the filing of its annual report on Form 20-F for the year ended on ...
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Canadian Solar Earns EcoVadis Silver Sustainability Rating
GUELPH, ON , April 17, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has recently been awarded a Silver rating from EcoVadis, one ...
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Canadian Solar Schedules First Quarter 2024 Earnings Conference Call for May 9
GUELPH, ON , April 16, 2024 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, May 9, 2024, at 8:00 a...
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Recurrent Energy Secures €110 Million Multi-Currency, Green Loan Facility from Investec Energy and Infrastructure Finance UK
GUELPH, ON, April 3, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer and owner of solar and energy storage assets, t...
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Canadian Solar denies patent infringement claims filed by Maxeon
Solar technology firm Canadian Solar on Thursday denied allegations of patent infringement by Singapore-based Maxeon Solar related to TOPCon solar cell technology.
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Canadian Solar Comments on Complaint Filed by Maxeon Solar
GUELPH, ON , March 28, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), today issued the following comment: Canadian Solar recently became aware that Maxeo...
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Recurrent Energy Expands Solar Pipeline in Spain with the Acquisition of a Portfolio exceeding 420 MWp
GUELPH, ON, March 20, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer and owner of solar and energy storage assets, ...
![](https://cdn.snapi.dev/images/v1/p/r/press4-2323827.jpg)
Canadian Solar Reports Fourth Quarter and Full Year 2023 Results
GUELPH, ON , March 14, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the fourth quarter and full year ended December...
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Canadian Solar Partners with Sol Systems to Ramp Up U.S. Module Manufacturing
GUELPH, ON , March 4, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) and Sol Systems, a leading renewable energy company based in Washington, D.C., announc...