Canadian Solar Inc. (CSIQ)

Market Cap	1.13B
Revenue (ttm)	7.24B
Net Income (ttm)	202.83M
Shares Out	66.17M
EPS (ttm)	2.88
PE Ratio	5.64
Forward PE	4.84
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,426,970
Open	16.65
Previous Close	16.20
Day's Range	16.49 - 17.25
52-Week Range	13.80 - 37.39
Beta	1.28
Analysts	Buy
Price Target	27.34 (+59.6%)
Earnings Date	Aug 22, 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...

• Industry: Solar
• Sector: Technology
• IPO Date: Nov 9, 2006
• Employees: 22,234
• Stock Exchange: NASDAQ
• Ticker Symbol: CSIQ

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%.

Analyst Forecast

According to 9 analysts, the average rating for CSIQ stock is "Buy." The 12-month stock price forecast is $27.34, which is an increase of 59.60% from the latest price.

Price Target

$27.34

(59.60% upside)

Analyst Consensus: Buy