S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
NASDAQ:CSIQ

Canadian Solar Stock Forecast, Price & News

$28.25
+0.49 (+1.77%)
(As of 01/14/2022 12:00 AM ET)
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Today's Range
$27.21
$28.54
50-Day Range
$27.76
$40.95
52-Week Range
$27.21
$67.39
Volume
1.19 million shs
Average Volume
1.04 million shs
Market Capitalization
$1.69 billion
P/E Ratio
24.15
Dividend Yield
N/A
Beta
1.47
30 days | 90 days | 365 days | Advanced Chart
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Canadian Solar logo

About Canadian Solar

Canadian Solar, Inc. engages in the manufacture of solar photovoltaic modules and provides solar energy solutions. It operates through the Module and System Solutions (MSS) and Energy segments. The MSS segment involves in the design, development, manufacture, and sales of solar power products and solar system kits, and operation and maintenance services. The Energy segment comprises primarily of the development and sale of solar projects, operating solar power projects and the sale of electricity. The company was founded by Shawn Qu in October 2001 and is headquartered in Guelph, Canada.

Headlines

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Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:CSIQ
Employees
12,774
Year Founded
2001

Sales & Book Value

Annual Sales
$3.48 billion
Cash Flow
$5.25 per share
Book Value
$31.64 per share

Profitability

Net Income
$146.70 million
Pretax Margin
1.57%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$1.69 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/18/2021
Today
1/18/2022
Next Earnings (Estimated)
3/17/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.11 out of 5 stars

Oils/Energy Sector

126th out of 361 stocks

Semiconductors & Related Devices Industry

58th out of 120 stocks

Analyst Opinion: 3.1Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -












Canadian Solar (NASDAQ:CSIQ) Frequently Asked Questions

Is Canadian Solar a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Solar in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Canadian Solar stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CSIQ, but not buy additional shares or sell existing shares.
View analyst ratings for Canadian Solar
or view top-rated stocks.

How has Canadian Solar's stock been impacted by COVID-19 (Coronavirus)?

Canadian Solar's stock was trading at $17.89 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CSIQ stock has increased by 57.9% and is now trading at $28.25.
View which stocks have been most impacted by COVID-19
.

When is Canadian Solar's next earnings date?

Canadian Solar is scheduled to release its next quarterly earnings announcement on Thursday, March 17th 2022.
View our earnings forecast for Canadian Solar
.

How were Canadian Solar's earnings last quarter?

Canadian Solar Inc. (NASDAQ:CSIQ) posted its quarterly earnings data on Thursday, November, 18th. The solar energy provider reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.18 by $0.24. The solar energy provider earned $1.23 billion during the quarter, compared to analysts' expectations of $1.34 billion. Canadian Solar had a net margin of 1.59% and a trailing twelve-month return on equity of 3.55%. The firm's quarterly revenue was up 34.4% on a year-over-year basis. During the same quarter last year, the company earned $0.15 EPS.
View Canadian Solar's earnings history
.

What guidance has Canadian Solar issued on next quarter's earnings?

Canadian Solar issued an update on its FY 2022 earnings guidance on Thursday, December, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $6.50 billion-$7 billion, compared to the consensus revenue estimate of $6.39 billion.

What price target have analysts set for CSIQ?

6 brokers have issued 1-year price targets for Canadian Solar's stock. Their forecasts range from $18.00 to $55.00. On average, they expect Canadian Solar's share price to reach $43.50 in the next year. This suggests a possible upside of 54.0% from the stock's current price.
View analysts' price targets for Canadian Solar
or view top-rated stocks among Wall Street analysts.

Who are Canadian Solar's key executives?

Canadian Solar's management team includes the following people:
  • Shawn Qu, Chairman & Chief Executive Officer
  • Hui Feng Chang, Chief Financial Officer, Director & Senior VP
  • Jian Yi Zhang, Chief Compliance Officer, SVP & General Counsel
  • Ismael Guerrero-Arias, Vice President & President-Energy Group
  • Jian Chien, Chief Strategy Officer & President-Energy Business

What is Shawn X. Qu's approval rating as Canadian Solar's CEO?

36 employees have rated Canadian Solar CEO Shawn X. Qu on Glassdoor.com. Shawn X. Qu has an approval rating of 74% among Canadian Solar's employees.

What other stocks do shareholders of Canadian Solar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Solar investors own include Micron Technology (MU), First Solar (FSLR), Tesla (TSLA), Gilead Sciences (GILD), Intel (INTC), NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Advanced Micro Devices (AMD) and SunPower (SPWR).

What is Canadian Solar's stock symbol?

Canadian Solar trades on the NASDAQ under the ticker symbol "CSIQ."

Who are Canadian Solar's major shareholders?

Canadian Solar's stock is owned by a number of retail and institutional investors. Top institutional investors include DNB Asset Management AS (1.45%) and Green Alpha Advisors LLC (0.05%).

Which institutional investors are buying Canadian Solar stock?

CSIQ stock was bought by a variety of institutional investors in the last quarter, including DNB Asset Management AS, and Green Alpha Advisors LLC.

How do I buy shares of Canadian Solar?

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

What is Canadian Solar's stock price today?

One share of CSIQ stock can currently be purchased for approximately $28.25.

How much money does Canadian Solar make?

Canadian Solar has a market capitalization of $1.69 billion and generates $3.48 billion in revenue each year. The solar energy provider earns $146.70 million in net income (profit) each year or $1.17 on an earnings per share basis.

How many employees does Canadian Solar have?

Canadian Solar employs 12,774 workers across the globe.

Does Canadian Solar have any subsidiaries?

The following companies are subsidiares of Canadian Solar: CSI Cells (Yancheng) Co., CSI Cells Co., CSI Investment Management (SuZhou) Co., CSI Modules (DaFeng) Co., CSI Modules (JiaXing) Co., CSI New Energy Holding Co., CSI Solar Power Group Co., CSI Solar Technologies Inc., CSI Solartronics (Changshu) Co., CSI Wafer (LuoYang) Co., CSI&GCL Solar Manufacturing (Yan Cheng) Inc., CSUK Energy Systems Construction and Generation JSC, Canadian Solar (Australia) Pty Limited, Canadian Solar (USA) Inc., Canadian Solar Argentina Investment Holding Ltd., Canadian Solar Asset Management LLC, Canadian Solar Brazil Commerce, Canadian Solar Construction (Australia) Pty Ltd, Canadian Solar Construction (USA) LLC, Canadian Solar EMEA GmbH, Canadian Solar Energy Holding Company Limited, Canadian Solar Energy Holding Singapore Pte. Ltd., Canadian Solar Energy Private Limited, Canadian Solar Energy Singapore Pte. Ltd., Canadian Solar International Limited, Canadian Solar Japan K.K., Canadian Solar MSS (Australia) Pty Ltd, Canadian Solar Manufacturing (Changshu) Inc., Canadian Solar Manufacturing (Luoyang) Inc., Canadian Solar Manufacturing (Thailand) Co., Canadian Solar Manufacturing Taiwan Co., Canadian Solar Manufacturing Vietnam Co., Canadian Solar Middle East DMCC, Canadian Solar Netherlands Cooperative U.A., Canadian Solar New Energy Holding Company Limited, Canadian Solar O and M (Ontario) Inc., Canadian Solar Projects K.K., Canadian Solar SSES (Canada) Inc., Canadian Solar SSES (UK) Ltd, Canadian Solar SSES (US) Inc., Canadian Solar Solutions Inc., Canadian Solar South Africa (Pty) Ltd, Canadian Solar South East Asia Pte. Ltd., Canadian Solar Sunenergy (Baotou) Co., Canadian Solar Sunenergy (Suzhou) Co., Canadian Solar UK Ltd., Canadian Solar UK Projects Ltd., Changshu Tegu New Material Technology Co., Changshu Tlian Co., PT. Canadian Solar Indonesia, Recurrent Energy, Recurrent Energy, Recurrent Energy Group Inc., Suzhou Gaochuangte New Energy Development Co., and Suzhou Sanysolar Materials Technology Co..

When was Canadian Solar founded?

Canadian Solar was founded in 2001.

What is Canadian Solar's official website?

The official website for Canadian Solar is www.canadiansolar.com.

Where are Canadian Solar's headquarters?

Canadian Solar is headquartered at 545 SPEEDVALE AVENUE WEST GUELPH, ONTARIO A6, N1K 1E6.

How can I contact Canadian Solar?

Canadian Solar's mailing address is 545 SPEEDVALE AVENUE WEST GUELPH, ONTARIO A6, N1K 1E6. The solar energy provider can be reached via phone at (519) 837-1881, via email at [email protected], or via fax at 519-837-2550.


This page was last updated on 1/18/2022 by MarketBeat.com Staff

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