Canadian Solar Future Growth
Future criteria checks 4/6
Canadian Solar is forecast to grow earnings and revenue by 27.6% and 13.9% per annum respectively. EPS is expected to grow by 25.6% per annum. Return on equity is forecast to be 7.7% in 3 years.
Key information
27.6%
Earnings growth rate
25.6%
EPS growth rate
| Semiconductor earnings growth | 24.4% |
| Revenue growth rate | 13.9% |
| Future return on equity | 7.7% |
| Analyst coverage | Good |
| Last updated | 10 May 2024 |
Recent future growth updates
Recent updates
Canadian Solar: Rising Chinese Production Pushes Global Market Into Glut
May 14Canadian Solar Inc. (NASDAQ:CSIQ) Analysts Just Slashed This Year's Estimates
May 12
Returns On Capital At Canadian Solar (NASDAQ:CSIQ) Paint A Concerning Picture
Apr 30Canadian Solar: Overstated Tariff Fears Offer Excellent Pay-Off
Apr 24Impressive Earnings May Not Tell The Whole Story For Canadian Solar (NASDAQ:CSIQ)
Mar 21At US$19.66, Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth Looking At Closely?
Mar 06Canadian Solar: An Undervalued Canadian Company With International Operations
Feb 23Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth US$22.1 Based On Its Intrinsic Value?
Feb 09Canadian Solar: Too Cheap To Ignore
Jan 25Is It Too Late To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?
Oct 04Canadian Solar (NASDAQ:CSIQ) May Have Issues Allocating Its Capital
Aug 12An Intrinsic Calculation For Canadian Solar Inc. (NASDAQ:CSIQ) Suggests It's 27% Undervalued
Jul 13Is It Too Late To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?
Jun 12Canadian Solar's (NASDAQ:CSIQ) Returns Have Hit A Wall
May 12Why Canadian Solar Inc. (NASDAQ:CSIQ) Could Be Worth Watching
Jan 26Canadian Solar (NASDAQ:CSIQ) Is Looking To Continue Growing Its Returns On Capital
Jan 05Is There Now An Opportunity In Canadian Solar Inc. (NASDAQ:CSIQ)?
Oct 16Canadian Solar (NASDAQ:CSIQ) Might Have The Makings Of A Multi-Bagger
Sep 25Canadian Solar: Outstanding Quarter With A $369 Billion Biden Tailwind
Aug 24Canadian Solar Q2 2022 Earnings Preview
Aug 17Canadian Solar: Solid Valuation Ahead Of Q2 Results
Aug 07At US$29.31, Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth Looking At Closely?
Jul 14We Like These Underlying Return On Capital Trends At Canadian Solar (NASDAQ:CSIQ)
Jun 26Canadian Solar: Underappreciated Solar Opportunity?
Apr 12Should You Think About Buying Canadian Solar Inc. (NASDAQ:CSIQ) Now?
Apr 11Canadian Solar (NASDAQ:CSIQ) Shareholders Will Want The ROCE Trajectory To Continue
Mar 21Estimating The Fair Value Of Canadian Solar Inc. (NASDAQ:CSIQ)
Feb 06Canadian Solar Is Ready To Gain Back Margins
Jan 26Fading Canadian Solar Hopes To Fire Up Turnaround With STAR Market IPO
Dec 23Is Now The Time To Look At Buying Canadian Solar Inc. (NASDAQ:CSIQ)?
Dec 21Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 10,609 | 404 | -97 | 1,040 | 5 |
| 12/31/2025 | 9,615 | 311 | -533 | 394 | 9 |
| 12/31/2024 | 7,661 | 148 | -1,712 | -324 | 6 |
| 3/31/2024 | 7,241 | 203 | -1,276 | 346 | N/A |
| 12/31/2023 | 7,614 | 274 | -841 | 685 | N/A |
| 9/30/2023 | 7,883 | 353 | -422 | 890 | N/A |
| 6/30/2023 | 7,969 | 410 | -254 | 801 | N/A |
| 3/31/2023 | 7,920 | 314 | N/A | N/A | N/A |
| 12/31/2022 | 7,469 | 240 | 289 | 917 | N/A |
| 9/30/2022 | 7,026 | 188 | N/A | N/A | N/A |
| 6/30/2022 | 6,323 | 145 | N/A | N/A | N/A |
| 3/31/2022 | 5,438 | 82 | N/A | N/A | N/A |
| 12/31/2021 | 5,277 | 95 | -838 | -408 | N/A |
| 9/30/2021 | 4,789 | 76 | N/A | N/A | N/A |
| 6/30/2021 | 4,474 | 50 | N/A | N/A | N/A |
| 3/31/2021 | 3,740 | 59 | N/A | N/A | N/A |
| 12/31/2020 | 3,476 | 147 | -455 | -121 | N/A |
| 9/30/2020 | 3,356 | 208 | N/A | N/A | N/A |
| 6/30/2020 | 3,201 | 257 | N/A | N/A | N/A |
| 3/31/2020 | 3,541 | 299 | N/A | N/A | N/A |
| 12/31/2019 | 3,201 | 172 | 309 | 600 | N/A |
| 9/30/2019 | 3,182 | 215 | N/A | N/A | N/A |
| 6/30/2019 | 3,190 | 224 | N/A | N/A | N/A |
| 3/31/2019 | 2,804 | 177 | N/A | N/A | N/A |
| 12/31/2018 | 3,745 | 237 | -100 | 216 | N/A |
| 9/30/2018 | 3,952 | 187 | N/A | N/A | N/A |
| 6/30/2018 | 4,096 | 134 | N/A | N/A | N/A |
| 3/31/2018 | 4,138 | 156 | N/A | N/A | N/A |
| 12/31/2017 | 3,390 | 100 | N/A | 204 | N/A |
| 9/30/2017 | 2,950 | 25 | N/A | N/A | N/A |
| 6/30/2017 | 2,695 | 27 | N/A | N/A | N/A |
| 3/31/2017 | 2,809 | 29 | N/A | N/A | N/A |
| 12/31/2016 | 2,853 | 65 | N/A | -278 | N/A |
| 9/30/2016 | 3,305 | 141 | N/A | N/A | N/A |
| 6/30/2016 | 3,497 | 156 | N/A | N/A | N/A |
| 3/31/2016 | 3,328 | 133 | N/A | N/A | N/A |
| 12/31/2015 | 3,468 | 172 | N/A | 414 | N/A |
| 9/30/2015 | 3,304 | 185 | N/A | 454 | N/A |
| 6/30/2015 | 3,368 | 259 | N/A | N/A | N/A |
| 3/31/2015 | 3,355 | 297 | N/A | N/A | N/A |
| 12/31/2014 | 2,961 | 240 | N/A | 265 | N/A |
| 9/30/2014 | 2,524 | 185 | N/A | 79 | N/A |
| 6/30/2014 | 2,100 | 108 | N/A | N/A | N/A |
| 3/31/2014 | 1,857 | 40 | N/A | N/A | N/A |
| 12/31/2013 | 1,654 | 32 | N/A | 230 | N/A |
| 9/30/2013 | 1,430 | -94 | N/A | 88 | N/A |
| 6/30/2013 | 1,265 | -166 | N/A | N/A | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CSIQ's forecast earnings growth (27.6% per year) is above the savings rate (2.4%).
Earnings vs Market: CSIQ's earnings (27.6% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: CSIQ's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CSIQ's revenue (13.9% per year) is forecast to grow faster than the US market (8.4% per year).
High Growth Revenue: CSIQ's revenue (13.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CSIQ's Return on Equity is forecast to be low in 3 years time (7.7%).