Canadian Solar (CSIQ) Stock Price, News & Analysis

Company Overview

Canadian Solar Inc. (NASDAQ: CSIQ) is a global renewable-energy company that designs, manufactures and sells solar photovoltaic modules and system solutions. Its product portfolio includes solar modules, inverters, battery-storage systems and other equipment used in residential, commercial, industrial and utility-scale renewable-energy installations.

The company also develops, builds and operates solar-power and energy-storage projects through its Recurrent Energy business. These activities include project development, engineering, procurement and construction, as well as the ownership and sale of electricity-generating assets. Canadian Solar serves customers across North America, South America, Europe, Asia-Pacific and other international markets.

Founded in 2001 by Dr. Shawn Qu, Canadian Solar is headquartered in Guelph, Ontario, Canada. Dr. Qu has served as the company’s chairman and chief executive officer. Through its manufacturing and project-development operations, the company participates in the global transition toward solar power and energy storage.

Key Stats

• Today's Range: $11.27 to $11.27
• 50-Day Range: $10.42 to $16.39
• 52-Week Range: $10.34 to $34.59
• Volume: 1,233 shs
• Average Volume: 2.60 million shs
• Market Capitalization: $752.13 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $18.52
• Consensus Rating: Hold

Canadian Solar Stock Analysis - MarketRank™

Canadian Solar scored higher than 63% of companies evaluated by MarketBeat, and ranked 318th out of 596 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: Hold

Consensus Rating

Canadian Solar has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 3 buy ratings, 6 hold ratings, and 3 sell ratings.

Upside Potential

Canadian Solar has a consensus price target of $18.52, representing about 62.8% upside from its current price of $11.38.

Amount of Analyst Coverage

Canadian Solar has been the subject of 5 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 -2.96, 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 -2.96, 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 0.20. 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

37.25% 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 9.33.

Change versus previous month

Short interest in Canadian Solar has recently increased by 8.28%, indicating that investor sentiment is decreasing 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.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.30

News Sentiment

Canadian Solar has a news sentiment score of 0.30. 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 0.63 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Canadian Solar this week, compared to 6 articles on an average week.

Search Interest

10 people have searched for CSIQ on MarketBeat in the last 30 days. This is an increase of 233% compared to the previous 30 days.

MarketBeat Follows

2 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: 10/12/2026
• 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: $18.52
• High Price Target: $37.00
• Low Price Target: $5.58
• Potential Upside/Downside: +62.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): ($3.84)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• 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: 0.14
• Cash Flow: $6.65 per share
• Price / Cash Flow: 1.71
• Book Value: $58.15 per share
• Price / Book: 0.20

Miscellaneous

• Outstanding Shares: 67,900,000
• Free Float: 53,299,000
• Market Cap: $772.70 million
• Optionable: Optionable
• Beta: 1.53