Canadian Solar Inc. (CSIQ)

NASDAQ: CSIQ · IEX Real-Time Price · USD
41.06
-1.01 (-2.40%)
Feb 1, 2023, 10:51 AM EST - Market open
-2.4%
Market Cap 2.75B
Revenue (ttm) 7.03B
Net Income (ttm) 188.10M
Shares Out 66.75M
EPS (ttm) 2.72
PE Ratio 15.82
Forward PE 5.64
Dividend n/a
Ex-Dividend Date n/a
Volume 234,471
Open 42.17
Previous Close 42.07
Day's Range 41.06 - 42.88
52-Week Range 22.15 - 47.69
Beta 1.36
Analysts Buy
Price Target 41.87 (+1.97%)
Earnings Date Mar 16, 2023

About CSIQ

Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power and battery storage products in Asia, the Americas, Europe, and internationally. The company operates through two segments, Canadian Solar Inc. (CSI) Solar and Global Energy. The CSI Solar segment offers standard solar modules and battery storage solutions, as well as solar system kits that are a ready-to-install packages comprising inverters, racking systems, and other accessories; and engi... [Read more]

Industry Solar
Sector Technology
IPO Date Nov 9, 2006
Employees 13,535
Stock Exchange NASDAQ
Ticker Symbol CSIQ
Full Company Profile

Financial Performance

In 2021, Canadian Solar's revenue was $5.28 billion, an increase of 51.80% compared to the previous year's $3.48 billion. Earnings were $95.25 million, a decrease of -35.07%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for CSIQ stock is "Buy." The 12-month stock price forecast is $41.87, which is an increase of 1.97% from the latest price.

Price Target
$41.87
(1.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CSIQ's Subsidiary to Expand Manufacturing Capacity in China

CSIQ's unit, CSI Solar, inks an investment deal with the municipal government of Yangzhou City for adding manufacturing capacity to its clean energy manufacturing industrial park.

1 day ago - Zacks Investment Research

CANADIAN SOLAR PARTNERS WITH GARDANT SGR ON ITS FIRST ITALIAN ALTERNATIVE INVESTMENT FUND

GUELPH, ON , Jan. 31, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced it has signed an agreement to sell 30% of the preferred units of the ...

1 day ago - PRNewsWire

2 Canadian Stocks to Diversify Your portfolio

Canada is known for maple syrup, ice hockey and its natural scenery. However, what investors may not know is that the country is also ranked number nine on the list of the world's largest economies.

Other symbols: CP
1 day ago - GuruFocus

Canadian Solar's Subsidiary CSI Solar Plans Capacity Additions Across Its Solar and Battery Storage Supply Chain

GUELPH, ON , Jan. 30, 2023 /PRNewswire/ -- Jan 30, 2022 -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that a wholly-owned subsidiary of its majority-owned s...

2 days ago - PRNewsWire

Is Canadian Solar Too Hot to Handle?

Solar panel maker Canadian Solar Inc. (NASDAQ: CSIQ) stock has shot up +38% in 2023 but is still in a weekly rectangle trading range since July 2021. Solar companies are all the rage as they've seen d...

1 week ago - MarketBeat

Here Is Why Bargain Hunters Would Love Fast-paced Mover Canadian Solar (CSIQ)

Canadian Solar (CSIQ) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still...

1 week ago - Zacks Investment Research

Canadian Solar (CSIQ) to Supply 550MWh Energy Storage Products

Canadian Solar's (CSIQ) unit, CSI Energy Storage, is set to deliver 550 megawatt-hour (MWh) of its SolBank energy storage products to Pulse Clean Energy

3 weeks ago - Zacks Investment Research

CANADIAN SOLAR'S CSI ENERGY STORAGE INKS 550 MWH BATTERY SUPPLY AGREEMENT WITH PULSE CLEAN ENERGY

The new agreement expands Pulse Clean Energy and CSI Energy Storage's multi-year relationship GUELPH, ON , Jan. 4, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ...

1 month ago - PRNewsWire

Investors Heavily Search Canadian Solar Inc. (CSIQ): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to Canadian Solar (CSIQ). This makes it worthwhile to examine what the stock has in store.

1 month ago - Zacks Investment Research

Why Is Canadian Solar (CSIQ) Down 9.1% Since Last Earnings Report?

Canadian Solar (CSIQ) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Canadian Solar to Start Mass Production of TOPCon Modules with Power Output up to 690W

GUELPH, ON , Dec. 15, 2022 /PRNewswire/ --  Canadian Solar Inc.  (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), today announced that its majority-owned subsidiary CSI Solar Co., Ltd. will start ...

1 month ago - PRNewsWire

Here is What to Know Beyond Why Canadian Solar Inc. (CSIQ) is a Trending Stock

Canadian Solar (CSIQ) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

1 month ago - Zacks Investment Research

Canadian Solar Signs 256 MW Module Supply Contract for the First Two Largest Solar Projects with Private PPAs in South Africa

GUELPH, ON , Dec. 5, 2022 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") si...

2 months ago - PRNewsWire

Is Trending Stock Canadian Solar Inc. (CSIQ) a Buy Now?

Canadian Solar (CSIQ) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

2 months ago - Zacks Investment Research

Canadian Solar (CSIQ) Inks Deal for 2.6 GWh Battery Supply

Canadian Solar's (CSIQ) unit, CSI Energy Storage, signs a deal with UBS Asset Management for supplying 2.6 GWh of battery solutions.

2 months ago - Zacks Investment Research

Canadian Solar (CSIQ) Q3 Earnings Beat, Revenues Rise Y/Y

Canadian Solar's (CSIQ) Q3 earnings surge a solid 115.4% from the prior year's reported figure. The top line also improves a solid 57% from the prior-year sales figure.

2 months ago - Zacks Investment Research

Canadian Solar (CSIQ) Stock Falls Despite Earnings Beat

Typically, an earnings beat during a rough economic outing generates celebration. However, the opposite sentiment materialized for Canadian Solar (NASDAQ: CSIQ).

2 months ago - InvestorPlace

Canadian Solar (CSIQ) Tops Q3 Earnings Estimates

Canadian Solar (CSIQ) delivered earnings and revenue surprises of 93.10% and 5.38%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Canadian Solar Reports Third Quarter 2022 Results

GUELPH, ON , Nov. 22, 2022 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the third quarter ended September 30, 2022, with...

2 months ago - PRNewsWire

Canadian Solar's CSI Energy Storage Enters Into 2.6 GWh Battery Supply Agreement with UBS Asset Management's Real Estate & Private Markets Business

GUELPH, ON , Nov. 21, 2022 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that CSI Energy Storage, which is part of its majority-owned subsidiar...

2 months ago - PRNewsWire

Canadian Solar ($CSIQ) Reaches Commercial Production at Mega 100 MWp Solar Project in Japan

Canadian Solar (NASDAQ: CSIQ) has announced that its Japan flagship mega-project, the 100 MWp Azuma Kofuji solar project located in the Fukushima Prefecture, has reached commercial operation. The Azum...

2 months ago - Green Stock News

Canadian Solar (CSIQ) Begins Operations at Japan Solar Project

Canadian Solar (CSIQ) announces the commencement of operations at its flagship mega solar project in Japan.

2 months ago - Zacks Investment Research

Canadian Solar Announces Operation of 100 MWp Solar Project in Japan

GUELPH, ON , Nov. 17, 2022 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that its Japan flagship mega-project, the 100 MWp Azuma Kofuji solar ...

2 months ago - PRNewsWire

Canadian Solar Inc. (CSIQ) is Attracting Investor Attention: Here is What You Should Know

Recently, Zacks.com users have been paying close attention to Canadian Solar (CSIQ). This makes it worthwhile to examine what the stock has in store.

2 months ago - Zacks Investment Research

Canadian Solar Obtains European ECS and EPD Environmental Certifications for Its High-Efficiency Solar Modules

GUELPH, ON , Nov. 3, 2022 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") ha...

3 months ago - PRNewsWire