Canadian Solar (CSIQ) Stock Price, News & Analysis

Company Overview

Canadian Solar Inc. (NASDAQ: CSIQ) is a global energy provider specializing in photovoltaic (PV) solar modules, solar power systems, and energy storage solutions. The company designs, manufactures and distributes a comprehensive range of solar products, including monocrystalline and polycrystalline modules, inverters and balance-of-system components. Beyond equipment sales, Canadian Solar delivers end-to-end solar and energy storage project development, engineering, procurement and construction (EPC) services for utility-scale, commercial and residential customers.

Founded in 2001 by Dr. Shawn Qu and headquartered in Guelph, Ontario, Canadian Solar went public on the NASDAQ exchange in 2006. Since inception, the company has expanded its manufacturing footprint across multiple continents, operating production facilities in Canada, China, Vietnam and Brazil. Canadian Solar’s global distribution network serves markets in North America, Latin America, Europe, the Middle East, Africa and Asia, supporting a diverse portfolio of customers from independent power producers to corporate energy users.

Under the leadership of Dr. Shawn Qu, who serves as Chairman and Chief Executive Officer, Canadian Solar employs a multidisciplinary team focused on innovation, quality control and sustainable energy solutions. The company has built a project development pipeline spanning gigawatt-scale solar farms and integrated storage assets, while advancing research in photovoltaic cell efficiency and smart energy management systems. Canadian Solar continues to invest in technology enhancements and strategic partnerships aimed at accelerating the transition to clean energy worldwide.

Key Stats

• Today's Range: $12.17 to $12.54
• 50-Day Range: $9.80 to $14.09
• 52-Week Range: $6.57 to $19.55
• Volume: 676,168 shs
• Average Volume: 1.83 million shs
• Market Capitalization: $820.38 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $14.16
• Consensus Rating: Hold

Canadian Solar Stock Analysis - MarketRank™

Canadian Solar scored higher than 41% of companies evaluated by MarketBeat, and ranked 193rd out of 266 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Canadian Solar has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 4 buy ratings, 3 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Canadian Solar has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Canadian Solar are expected to grow in the coming year, from ($0.23) to $0.61 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Canadian Solar is -24.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canadian Solar is -24.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Canadian Solar has a P/B Ratio of 0.21. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

15.23% of the float of Canadian Solar has been sold short.

Short Interest Ratio / Days to Cover

Canadian Solar has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Canadian Solar has recently decreased by 12.26%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Canadian Solar does not currently pay a dividend.

Dividend Growth

Canadian Solar does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

15.23% of the float of Canadian Solar has been sold short.

Short Interest Ratio / Days to Cover

Canadian Solar has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Canadian Solar has recently decreased by 12.26%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: 0.50

News Sentiment

Canadian Solar has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.79 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Canadian Solar this week, compared to 6 articles on an average week.

Search Interest

Only 5 people have searched for CSIQ on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Canadian Solar insiders have not sold or bought any company stock.

Percentage Held by Insiders

21.50% of the stock of Canadian Solar is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

52.36% of the stock of Canadian Solar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CSIQ Stock Analysis - Frequently Asked Questions

How have CSIQ shares performed this year?

Canadian Solar's stock was trading at $11.12 at the start of the year. Since then, CSIQ shares have increased by 10.2% and is now trading at $12.25.

How were Canadian Solar's earnings last quarter?

Canadian Solar Inc. (NASDAQ:CSIQ) released its quarterly earnings data on Thursday, May, 15th. The solar energy provider reported ($1.07) EPS for the quarter, topping the consensus estimate of ($1.50) by $0.43. The firm's revenue was down 10.0% on a year-over-year basis.
Read the conference call transcript.

Does Canadian Solar have any subsidiaries?

The following companies are subsidiaries of Canadian Solar: Recurrent Energy, Canadian Solar Argentina Investment Holding Ltd., Canadian Solar Asset Management LLC, Canadian Solar (Australia) Pty Limited, Canadian Solar Brazil Commerce, Canadian Solar Construction (Australia) Pty Ltd, Canadian Solar Construction (USA) LLC, and more.

Who are Canadian Solar's major shareholders?

Top institutional shareholders of Canadian Solar include Byrne Asset Management LLC (0.06%), Counterpoint Mutual Funds LLC (0.05%) and Clear Harbor Asset Management LLC (0.03%).

How do I buy shares of Canadian Solar?

Shares of CSIQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Canadian Solar own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian Solar investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Alibaba Group (BABA), First Solar (FSLR) and PayPal (PYPL).

Company Calendar

• Last Earnings: 5/15/2025
• Today: 7/18/2025
• Next Earnings (Estimated): 8/20/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Energy
• Industry: Solar
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:CSIQ
• CIK: 1375877
• Web: www.canadiansolar.com
• Phone: (519) 837-1881
• Fax: 519-837-2550
• Employees: 1,224
• Year Founded: 2001

Price Target and Rating

• Average Price Target for Canadian Solar: $14.16
• High Price Target: $27.00
• Low Price Target: $8.00
• Potential Upside/Downside: +15.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.22
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.50)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $36.05 million
• Net Margins: -0.18%
• Pretax Margin: -3.80%
• Return on Equity: -4.34%
• Return on Assets: -1.27%

Debt

• Debt-to-Equity Ratio: 0.84
• Current Ratio: 1.07
• Quick Ratio: 0.80

Sales & Book Value

• Annual Sales: $5.99 billion
• Price / Sales: 0.14
• Cash Flow: $6.00 per share
• Price / Cash Flow: 2.04
• Book Value: $58.98 per share
• Price / Book: 0.21

Miscellaneous

• Outstanding Shares: 66,970,000
• Free Float: 52,573,000
• Market Cap: $820.38 million
• Optionable: Optionable
• Beta: 1.38