Canadian Solar (CSIQ) Stock Price, News & Analysis

Company Overview

Canadian Solar Inc. is a global solar energy company that designs, manufactures and delivers renewable energy products and solutions. Founded in 2001 by Dr. Shawn Qu, the company is headquartered in Guelph, Ontario, Canada, and serves customers in markets across North America, Latin America, Europe, Africa, the Middle East, Australia and Asia.

Through its CSI Solar business, Canadian Solar provides photovoltaic solar modules, inverters, battery energy storage systems and other components used in residential, commercial, industrial and utility-scale projects. The company also offers project development, engineering, procurement and construction, and operations and maintenance services for solar and energy storage installations.

Canadian Solar develops and operates renewable energy projects through its Recurrent Energy business, which focuses on utility-scale solar and energy storage projects. Its e-STORAGE operations provide battery energy storage products and integrated systems designed to support grid stability and the integration of renewable power. Dr. Shawn Qu serves as the company’s chairman and chief executive officer.

Key Stats

• Today's Range: $10.02 to $10.53
• 50-Day Range: $8.85 to $13.87
• 52-Week Range: $8.79 to $34.59
• Volume: 660,558 shs
• Average Volume: 2.55 million shs
• Market Capitalization: $683.69 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $15.84
• Consensus Rating: Reduce

Canadian Solar Stock Analysis - MarketRank™

Canadian Solar scored higher than 62% of companies evaluated by MarketBeat, and ranked 300th out of 585 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.0 / 5
• Analyst Rating: Reduce

Consensus Rating

Canadian Solar has received a consensus rating of Reduce. The company's average rating score is 1.92, and is based on no strong buy ratings, 3 buy ratings, 5 hold ratings, and 4 sell ratings.

Upside Potential

Canadian Solar has a consensus price target of $15.84, representing about 52.0% upside from its current price of $10.43.

Amount of Analyst Coverage

Canadian Solar has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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 ($2.93) to $0.19 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Canadian Solar is -2.71, 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 -2.71, 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 0.18. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

36.50% 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 13.58, which indicates bearish sentiment.

Change versus previous month

Short interest in Canadian Solar has recently decreased by 2.01%, indicating that investor sentiment is improving.

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.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.52

News Sentiment

Canadian Solar has a news sentiment score of 0.52. 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 news sentiment score is similar to the average news sentiment of Technology companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Canadian Solar this week, compared to 6 articles on an average week.

Search Interest

Only 10 people have searched for CSIQ on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

4 people have added Canadian Solar to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.3 / 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.

Company Calendar

• Last Earnings: 8/27/2026
• Today: 11/10/2026
• Next Earnings (Estimated): 11/12/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Semiconductors & Semiconductor Equipment
• Sub-Industry: Semiconductors
• Current Symbol: NASDAQ:CSIQ
• CIK: 1375877
• Web: www.canadiansolar.com
• Phone: (519) 837-1881
• Fax: 519-837-2550
• Employees: 12,587
• Year Founded: 2001

Price Target and Rating

• Average Price Target for Canadian Solar: $15.84
• High Price Target: $30.00
• Low Price Target: $5.58
• Potential Upside/Downside: +52.7%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.92
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): ($3.84)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 54.60
• P/E Growth: N/A
• Net Income: -$104.13 million
• Net Margins: -3.73%
• Pretax Margin: -3.70%
• Return on Equity: -5.57%
• Return on Assets: -1.43%

Debt

• Debt-to-Equity Ratio: 0.95
• Current Ratio: 1.02
• Quick Ratio: 0.78

Sales & Book Value

• Annual Sales: $5.60 billion
• Price / Sales: 0.13
• Cash Flow: $6.40 per share
• Price / Cash Flow: 1.62
• Book Value: $58.15 per share
• Price / Book: 0.18

Miscellaneous

• Outstanding Shares: 67,900,000
• Free Float: 53,299,000
• Market Cap: $704.39 million
• Optionable: Optionable
• Beta: 1.50