Canadian Solar Inc. (CSIQ)
| Market Cap | 2.07B |
| Revenue (ttm) | 3.48B |
| Net Income (ttm) | 146.70M |
| Shares Out | 60.00M |
| EPS (ttm) | 0.81 |
| PE Ratio | 41.61 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 458,358 |
| Open | 34.19 |
| Previous Close | 34.33 |
| Day's Range | 33.51 - 34.30 |
| 52-Week Range | 29.77 - 67.39 |
| Beta | 1.39 |
| Analysts | Buy |
| Price Target | 51.00 (+50.9%) |
| Est. Earnings Date | Nov 11, 2021 |
About CSIQ
Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products. The company operates through two segments, Module and System Solutions (MSS), and Energy. The MSS segment engages in the design, development, manufacture, and sale of a range of solar power products, including standard solar modules, specialty solar products, and solar system kits that are a ready-to-install packages comprising inverters, racking systems, and other accessories. It ...
Financial Performance
In 2020, Canadian Solar's revenue was $3.48 billion, an increase of 8.62% compared to the previous year's $3.20 billion. Earnings were $146.70 million, a decrease of -14.50%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for Canadian Solar stock is "Buy." The 12-month stock price forecast is 51.00, which is an increase of 50.93% from the latest price.
News
4 Best Solar Stocks to Buy Ahead of Biden's Aggressive Energy Plans
Solar stocks that are likely to benefit with the Biden administration having ambitious plans for solar energy adoption through the next decade. The post 4 Best Solar Stocks to Buy Ahead of Biden's Aggre...
Canadian Solar's (CSIQ) Subsidiary Inks Battery Storage Deal
Canadian Solar (CSIQ) subsidiary CSI Solar wins a contract to provide the fully-integrated battery storage system, EPC and long-term operation services to the Crimson project in California.
Canadian Solar (CSIQ) Sells 80% Stake in Crimson Solar Project
Canadian Solar's (CSIQ) subsidiary, Recurrent Energy, sold its 80% stake in the Crimson storage project to Axium Infrastructure. The solar plant has a generation capacity of 1.4 GWh.
Canadian Solar's CSI Solar to Provide the Fully-Integrated Battery Storage System, EPC and Long Term Services to the ...
GUELPH, ON, Sept. 9, 2021 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or "the Company") (NASDAQ: CSIQ) today announced that its majority-owned subsidiary, CSI Solar Co., Ltd.
Canadian Solar (CSIQ), Goldman Sachs Ink Solar O&M Deals
Canadian Solar (CSIQ) signs long-term Operations & Maintenance (O&M) contracts with California's Slate and Mustang solar projects.
Recurrent Energy Completes Majority Sale of 1.4 GWh Energy Storage Reliability Project in California
GUELPH, ON , Sept. 8, 2021 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or "the Company") (NASDAQ: CSIQ) today announced that its wholly-owned subsidiary, Recurrent Energy, LLC ("Recurrent Ener...
Canadian Solar Signs Operations & Maintenance Agreements with Solar plus Battery Storage Projects in the U.S.
GUELPH, ON, Sept. 7, 2021 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has signed long-term Operations & Maintenance (O&M) agreements w...
3 Top Solar Stocks to Consider Buying Right Now
Working in different segments of the solar sector, each of the three stocks looks well-placed to thrive in the long run.
3 Solar Stocks in Focus Amid the Solar Boom in California
California ranks first in terms of solar energy output within the United States, with solar energy supplying more than 20% of the state's electricity currently.
Why Solar Energy Stocks Are Dropping Right Now
Solar stocks are falling again, but there are bright spots on the horizon.
Canadian Solar (CSIQ) Q2 Earnings Beat, Revenues Rise Y/Y
Canadian Solar (CSIQ) posts better-than-expected Q2 results. Its revenues improve year over year while the bottom line declines.
Canadian Solar (CSIQ) Surpasses Q2 Earnings and Revenue Estimates
Canadian Solar (CSIQ) delivered earnings and revenue surprises of 158.06% and 0.26%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: Canadian Solar Q2 Earnings
Shares of Canadian Solar (NASDAQ:CSIQ) fell 0.7% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share decreased 47.06% over the past year to $0.18, which bea...
Canadian Solar Reports Second Quarter 2021 Results
GUELPH, ON, Aug. 12, 2021 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the quarter ended June 30, 2021. Highlights Solar m...
Should you buy Canadian Solar ahead of earnings after inking a long-term storage deal?
On Wednesday, Canadian Solar Inc. (NASDAQ:CSIQ) shares plunged nearly 5% despite announcing a lucrative long-term energy storage deal with PG&E Corp (NYSE:PCG). The Canadian renewable energy company sai...
Canadian Solar (CSIQ) to Post Q2 Earnings: What's in Store?
Canadian Solar's (CSIQ) Q2 results are likely to benefit from increased average selling price for modules. Foreign exchange loss might have hurt its earnings
Recurrent Energy Signs 600 MWH Long-term Energy Storage Agreement With Pacific Gas & Electric
GUELPH, ON, Aug. 10, 2021 /PRNewswire/ -- Recurrent Energy, LLC ("Recurrent Energy"), a wholly-owned subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ), today announced it signed a 15-y...
Analysts Estimate Canadian Solar (CSIQ) to Report a Decline in Earnings: What to Look Out for
Canadian Solar (CSIQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Canadian Solar (CSIQ) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Canadian Solar (CSIQ) closed at $39.87, marking a -0.94% move from the previous day.
7 Best Solar Stocks to Buy Ahead of Potential Tax Credit Legislation
With fresh clean energy legislation having been introduced in the U.S., solar stocks are in an excellent position for a potential bull run. The post 7 Best Solar Stocks to Buy Ahead of Potential Tax Cre...
Canadian Solar Publishes Its 2020 Sustainability Report
GUELPH, ON, July 29, 2021 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or "the Company") (NASDAQ: CSIQ) today announced the release of its 2020 Sustainability Report, which presents the Company...
Canadian Solar Raises US$100 Million from BTG Pactual and Itaú BBA to Support Execution of Brazil Project Portfolio
GUELPH, ON, July 27, 2021 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has closed a BRL 500 million (approximately US$100 million) fina...
Canadian Solar Schedules Second Quarter 2021 Earnings Conference Call for August 12
GUELPH, ON, July 22, 2021 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, August 12, 2021 at 8:00 a....
Recurrent Energy Completes the Sale of 328 MWp of Solar Projects in Texas
GUELPH, ON, July 21, 2021 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or "the Company") (NASDAQ: CSIQ) today announced its wholly-owned subsidiary, Recurrent Energy, LLC ("Recurrent Energy"), ...