Canadian Solar Inc. (CSIQ)
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]
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 StatementsAnalyst 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.
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.

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 ...

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.

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...

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...

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...

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

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...

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.

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?

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 ...

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.

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...

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.

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.

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.

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).

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?

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...

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...
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...

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.

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 ...

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.

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...