Canadian Solar Inc.

NasdaqGS:CSIQ 株式レポート

時価総額：US$1.0b

Canadian Solar 過去の業績

過去 基準チェック /06

Canadian Solarの収益は年間平均-27.3%の割合で減少していますが、 Semiconductor業界の収益は年間 増加しています。収益は年間5.5% 2.8%割合で 増加しています。

主要情報

-27.27%

収益成長率

-27.71%

EPS成長率

Semiconductor 業界の成長27.66%
収益成長率2.81%
株主資本利益率-2.81%
ネット・マージン-1.87%
前回の決算情報31 Mar 2026

最近の業績更新

分析記事 • Nov 20

We Like The Quality Of Canadian Solar's (NASDAQ:CSIQ) Earnings

Canadian Solar Inc.'s ( NASDAQ:CSIQ ) solid earnings announcement recently didn't do much to the stock price. We did...

Recent updates

ナラティブの更新 • Jul 02

CSIQ: Storage Pipeline And Tariff Refunds Will Support Future Upside

Analysts have reduced their fair value estimate for Canadian Solar stock from $34.39 to $30.00, citing ongoing concerns around weak EPS and cash flow, even as recent margin performance was supported by tariff refunds. Analyst Commentary Recent research on Canadian Solar reflects a cautious tone, but it also highlights specific factors that more constructive analysts are watching closely, especially around margins and the path to stronger earnings quality.
ナラティブの更新 • Jun 18

CSIQ: Future Earnings Quality Will Likely Struggle As Cash Flow Remains Weak

Analysts have modestly reduced their price target on Canadian Solar stock to $9.00, reflecting lower modeled revenue growth, partly offset by slightly better profit margin and P/E assumptions following recent sector-wide target cuts and concerns over weak EPS and cash flow highlighted in Street research. Analyst Commentary Recent Street research on Canadian Solar points to a cautious tone, with several bearish analysts trimming price targets and flagging ongoing execution and cash flow risks.
ナラティブの更新 • Jun 04

CSIQ: Tax Credits And Storage Backlog Will Support Upside Despite FOEC Risk

Analysts have adjusted the fair value estimate for Canadian Solar to $34.39 from $33.87, reflecting updated assumptions on revenue, margins, and future P/E, even as several firms have recently cut their price targets and flagged weak EPS and cash flow. Analyst Commentary Recent Street research on Canadian Solar has been mixed, with several firms trimming price targets and citing weak EPS and cash flow alongside tariff related benefits to margins.
Seeking Alpha • May 31

Canadian Solar: Booming E-Storage-Driven Growth

Summary Canadian Solar is rated buy, driven by a booming e-STORAGE business with a record $3.5B contracted backlog. CSIQ's e-STORAGE revenue is set to accelerate, with shipment guidance raised to 4.5–5.5 GWh in FY2026 and strong growth projected through 2027. Consensus expects CSIQ to return to profitability in FY2027, with EPS reaching $0.98 and revenue growth of 25.76% YoY. Potential 64% stock price upside to $31.20 by mid-2028 is supported by backlog conversion, though margin compression in Recurrent Energy remains a risk. Read the full article on Seeking Alpha
ナラティブの更新 • May 20

CSIQ: Future Earnings Quality Will Likely Struggle As Cash Flow Stays Weak

Analysts have trimmed the fair value estimate for Canadian Solar from $10.00 to $9.00 as they factor in weaker EPS and cash flow, softer revenue growth assumptions, a sharply lower profit margin outlook, and a higher assumed future P/E, in line with a wave of recent price target cuts and rating changes across the Street. Analyst Commentary Recent research on Canadian Solar points to a more cautious tone, with several bearish analysts trimming expectations and highlighting execution and cash flow risks around the current valuation.
ナラティブの更新 • May 02

CSIQ: Tax Credits And Storage Pipeline Will Drive Upside Despite FOEC Risk

Analysts have nudged the fair value estimate for Canadian Solar down from $38.00 to about $33.87. This reflects recent cuts to Street price targets that emphasize concerns about lower margins and higher cash needs, even as expectations for revenue growth and a higher future P/E have been updated.
ナラティブの更新 • Apr 17

CSIQ: 45X Tax Credits Will Support U.S. Factory Cash Needs

Analysts have trimmed their price targets on Canadian Solar by $0.55, reflecting slightly lower revenue growth expectations and valuation resets tied to reduced volume assumptions and higher projected cash outflows for the U.S. factory, partly offset by an improved view on tax credit eligibility and recent rating upgrades to Neutral. Analyst Commentary Recent Street research reflects a mixed but active debate around Canadian Solar, with several firms adjusting ratings and cutting price targets while reassessing volumes, cash needs for the U.S. factory, and potential tax credit eligibility.
ナラティブの更新 • Apr 03

CSIQ: 45X Tax Credits Will Support U.S. Energy Storage Profitability

Narrative Update on Canadian Solar The analyst price target for Canadian Solar has been reduced by about $3 to roughly $18, with analysts pointing to lower profit margin assumptions and a higher future P/E, partly offset by updated expectations for revenue growth and potential U.S. tax credit eligibility. Analyst Commentary Recent Street research on Canadian Solar has been mixed, with several firms cutting price targets while at least one has shifted to a more neutral stance on the stock.
ナラティブの更新 • Mar 19

CSIQ: 45X Tax Credits Will Support U.S. Battery Storage Upside

Narrative Update: Canadian Solar Analysts have reduced the implied fair value estimate for Canadian Solar by $2 to $21.33, reflecting updated assumptions for discount rate, revenue growth, profit margins and future P/E. The revision also incorporates recent research that factors in lower expected volumes, higher U.S. factory cash outflows and the potential benefit of 45X tax credits.
ナラティブの更新 • Mar 05

CSIQ: Future Margin Assumptions Will Likely Struggle Against Weak Profit Outlook

Analysts have raised their price target on Canadian Solar to $10.00 from $7.00, citing updated assumptions for revenue growth, profit margins, and valuation that reference recent sector commentary, including Wells Fargo's positive stance on buying weakness in First Solar. Analyst Commentary Analysts lifting the price target on Canadian Solar to US$10.00 are doing so with tighter assumptions around revenue, margins, and valuation, and they are taking their cue in part from recent sector commentary that highlights interest in buying weakness in larger peers.
ナラティブの更新 • Feb 18

CSIQ: Battery Storage Expansion Will Shape Upside Despite FOEC Policy Risk

Analysts have maintained their $38.00 price target for Canadian Solar, noting slightly revised assumptions for discount rate, revenue growth, profit margin, and future P/E to reflect updated sector research. Analyst Commentary Bullish Takeaways Bullish analysts point to the reaffirmed $38.00 price target as a sign of confidence that updated assumptions on discount rate, revenue growth, profit margin, and future P/E still support the current valuation framework for Canadian Solar.
ナラティブの更新 • Feb 04

CSIQ: Battery Storage Outlook And FOEC Policy Risk Will Shape Upside

Analysts have raised their price target on Canadian Solar to US$30 from US$11, citing the recent Q3 beat, strong 2026 battery energy storage guidance and a positive battery demand outlook, while also noting ongoing policy risk related to Foreign Entity of Concern provisions. Analyst Commentary Recent Street research on Canadian Solar centers on the latest quarterly results, the updated battery energy storage outlook, and how policy risk could affect valuation.
ナラティブの更新 • Jan 21

CSIQ: Battery Storage And Reshoring Plans Will Shape Future Upside

Analysts have lifted their price targets on Canadian Solar, with increases such as from US$11 to US$30 and from US$9 to US$10. These changes reflect a mix of positive takeaways from Q3 results and long term battery storage guidance, tempered by ongoing policy and outlook risks.
ナラティブの更新 • Jan 06

CSIQ: Battery Storage Outlook And Reshoring Plans Will Drive Future Upside

Analysts have raised their price targets on Canadian Solar, with one increasing the target to US$30 from US$11. Others remain more cautious, setting targets in the US$9 to US$11 range.
ナラティブの更新 • Dec 18

CSIQ Battery Storage Outlook Will Drive Upside Despite Policy Headwinds

Analysts have lifted their price target on Canadian Solar to approximately $38 from around $20, citing stronger long term revenue growth expectations tied to robust battery energy storage guidance and recent tariff relief, even as policy and FEOC related risks keep margin and valuation assumptions more conservative. Analyst Commentary Bullish analysts acknowledge that Canadian Solar has delivered better than expected Q3 results, pointing to strong execution in both module shipments and battery energy storage.
分析記事 • Dec 14

Benign Growth For Canadian Solar Inc. (NASDAQ:CSIQ) Underpins Stock's 33% Plummet

The Canadian Solar Inc. ( NASDAQ:CSIQ ) share price has softened a substantial 33% over the previous 30 days, handing...
ナラティブの更新 • Dec 04

CSIQ: Battery Storage Upside Will Face Ongoing Policy And Trade Risks

Analysts modestly raised their price target on Canadian Solar, lifting estimated fair value by about $1.57 per share to roughly $23.33. Stronger long term revenue growth expectations and a robust battery energy storage outlook are partially offset by lower margin assumptions and ongoing policy and trade risks.
分析記事 • Nov 20

We Like The Quality Of Canadian Solar's (NASDAQ:CSIQ) Earnings

Canadian Solar Inc.'s ( NASDAQ:CSIQ ) solid earnings announcement recently didn't do much to the stock price. We did...
ナラティブの更新 • Nov 20

CSIQ: Policy Shifts And Potential Tariffs Will Threaten Future Performance

Canadian Solar's analyst price target has surged from $13.26 to $21.76. Analysts cite strong battery storage guidance, improved revenue growth, and a more optimistic outlook for future profit margins, despite ongoing policy and market risks.
ナラティブの更新 • Nov 05

CSIQ: Policy Headwinds And Tariff Risks Will Challenge Future Operations

Analysts have raised their fair value estimate for Canadian Solar from $12.37 to $13.26. This change reflects updated forecasts for revenue growth and market risks in light of evolving U.S. policy challenges and sector outlooks.
分析記事 • Oct 14

Canadian Solar Inc. (NASDAQ:CSIQ) Shares Fly 30% But Investors Aren't Buying For Growth

Canadian Solar Inc. ( NASDAQ:CSIQ ) shareholders would be excited to see that the share price has had a great month...
ナラティブの更新 • Sep 18

Electrification And Storage Expansion Will Unlock Future Opportunity

Analysts have cut Canadian Solar's price target to $12.37 due to heightened financial risk from possible retroactive U.S. tariffs, ongoing policy headwinds, mixed quarterly results, and reduced shipment/margin guidance, reflecting deteriorating fundamentals and outlook. Analyst Commentary Bearish analysts highlight significant risk from potential retroactive AD/CVD (antidumping and countervailing duty) liabilities, which could exceed Canadian Solar’s market cap and cash on hand, creating significant financial uncertainty.
分析記事 • Aug 24

Canadian Solar Inc. Just Missed EPS By 93%: Here's What Analysts Think Will Happen Next

The analysts might have been a bit too bullish on Canadian Solar Inc. ( NASDAQ:CSIQ ), given that the company fell...
分析記事 • Jul 22

Canadian Solar Inc.'s (NASDAQ:CSIQ) Share Price Boosted 29% But Its Business Prospects Need A Lift Too

Despite an already strong run, Canadian Solar Inc. ( NASDAQ:CSIQ ) shares have been powering on, with a gain of 29% in...
分析記事 • May 03

Canadian Solar Inc. (NASDAQ:CSIQ) Looks Inexpensive But Perhaps Not Attractive Enough

Canadian Solar Inc.'s ( NASDAQ:CSIQ ) price-to-sales (or "P/S") ratio of 0.1x might make it look like a strong buy...
Seeking Alpha • Apr 29

Canadian Solar: Hidden Value In Recurrent Energy; Momentum Buy

Summary Canadian Solar soared an extraordinary 41.9% over just two trading sessions (with double-normal trading volumes) during 24-25 April 2025, closing at $11.15 on no specific news. CSIQ's fundamental asset value diverges sharply from its stock price, making CSIQ a potential M&A or restructuring target with possible buyout to be taken private. We see a hidden value of $9.3–$18.8 per share in Recurrent Energy, while analysts price only the panel trading business at $5 per share, exposed to overstocking and US-China tariff risks. We estimate CSIQ's post-restructuring value at $54–$64 per share, making a buyout viable up to $20. We view CSIQ as a momentum Buy with a short-term target of $20, interpreting the recent surge as a strategic buyer building a position for M&A or take-private restructuring. Read the full article on Seeking Alpha
分析記事 • Mar 27

Earnings Beat: Canadian Solar Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Last week, you might have seen that Canadian Solar Inc. ( NASDAQ:CSIQ ) released its full-year result to the market...
Seeking Alpha • Mar 26

Canadian Solar: Deep Value Potential Comes With Debt And Tariff Headwinds

Summary Canadian Solar's Q4 revenue missed estimates, but EPS beat expectations, driving a 6% stock increase; 2025 guidance shows lower Q1 revenue but an otherwise hopeful annual outlook. High exposure to Chinese tariffs and rising debt are significant risks; US manufacturing investments may mitigate some tariff impacts but face margin challenges. CSIQ's operating margins are extremely thin, and the company's high debt level could lead to financial pressures if interest costs rise and cash flows remain negative. I upgrade my outlook to neutral, acknowledging potential significant undervaluation if investments succeed and macroeconomic conditions improve, but that seems unlikely for now. The company's Q1 outlook is poor, but the most critical factor may be its Q2 2025 performance, which must show a rebound as implied by manager guidance. Read the full article on Seeking Alpha
Seeking Alpha • Jan 25

Canadian Solar: Massive Regulatory & Industry Headwinds Ahead - No Bottom In Sight

Summary CSIQ has been oversold here, attributed to the headwinds from the US policy uncertainty and polysilicon oversupply. These issues have led to the company's falling ASPs, impacted profit margins, and prolonged sales cycle, as similarly observed in its solar peers. For now, CSIQ continue to report growing backlogs, as the management expands their solar module and battery production capacity within the US. Even so, these efforts have directly triggered the hefty debt obligations and higher interest expenses at a time of expensive borrowing cost environment. Combined with the growing short interest volume on a YoY basis and the stock's lack of bullish support, CSIQ is likely to underperform in the near-term. Read the full article on Seeking Alpha
分析記事 • Jan 20

Here's What's Concerning About Canadian Solar's (NASDAQ:CSIQ) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Seeking Alpha • Dec 23

Canadian Solar: Persisting External Headwinds Affect Regional Expansions

Summary I reiterate my Hold rating on Canadian Solar due to shrinking market share in China and geopolitical headwinds impacting solar product supply chains. Despite the competition, CSIQ's investment in U.S. manufacturing and Australian subsidiary Recurrent Energy shows strong growth potential and strategic diversification. Canadian Solar's Q3’24 financials reveal increased revenues but also higher expenses, resulting in a net loss and highlighting the company's precarious financial position. Regulatory hurdles, competition, and currency exchange risks pose significant challenges, but long-term investments may stabilize and enhance CSIQ's market position. Read the full article on Seeking Alpha
Seeking Alpha • Nov 15

Canadian Solar May Surprise In Q3 Call After Stock Nosedives Post-Election

Summary Canadian Solar's shift to retaining solar power plants and battery storage aims for long-term gains, despite short-term EPS impacts and a current stock price drop. The company’s vertical integration and new business model promise consistent profits from electricity sales, mitigating the volatility of solar panel manufacturing. Major project sales, like the Dominican Republic solar project, and increasing electricity sales are expected to boost Q3 earnings and future profitability. Canadian Solar's vertical integration, strategic geographic diversification and tariff mitigation efforts position it to capture greater market share and ensure steady revenue growth. Read the full article on Seeking Alpha
Seeking Alpha • Oct 25

Canadian Solar: An Upcycle Is On The Horizon

Summary Canadian Solar is a risky but potentially rewarding short-term investment, with a projected 20% price increase in 2025 despite competition and geopolitical risks. The company is vertically integrated and diversified, with significant exposure to China, which could face tariff issues under a Trump presidency. Valuation metrics suggest Canadian Solar is undervalued, but its lower EBITDA growth and negative free cash flow margin make it less attractive than its peers. Given the cyclical nature of the solar industry, Canadian Solar is a moderate Buy for 2025-2026, but not a long-term holding. Read the full article on Seeking Alpha
Seeking Alpha • Oct 09

Canadian Solar's Recent Recovery May Not Last, Warranting A Downgrade To Neutral

Summary Canadian Solar's recent rally has triggered a relatively expensive valuation compared to recent levels, pre-pandemic levels, and its peers, implying a minimal margin of safety. While polysilicon prices may have bottomed, the hiked tariffs may potentially trigger bottom-line headwinds, given that over 80% of its production capacity is based internationally. CSIQ's balance sheet has also notably deteriorated, with the lowered FY2024 capex guidance likely coming too late. While the stock continues to trade below its book value, we urge readers to observe the near-term market catalysts arising from the November 2024 election. Read the full article on Seeking Alpha

収支内訳

Canadian Solar の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。

収益と収入の歴史

NasdaqGS:CSIQ 収益、費用、利益 ( )USD Millions
日付収益収益G+A経費研究開発費
31 Mar 265,476-10289387
31 Dec 255,595-10489991
30 Sep 255,899161,04199
30 Jun 255,919-71,059110
31 Mar 255,861-10930111
31 Dec 245,99336916121
30 Sep 246,1741848122
30 Jun 246,51337826120
31 Mar 247,241203820118
31 Dec 237,614274804101
30 Sep 237,88335376390
30 Jun 237,96941081779
31 Mar 237,92031483674
31 Dec 227,46924084170
30 Sep 227,02618889969
30 Jun 226,32314581564
31 Mar 225,4388272259
31 Dec 215,2779570258
30 Sep 214,7897661149
30 Jun 214,4745053650
31 Mar 213,7405948448
31 Dec 203,47614743845
30 Sep 203,35620840845
30 Jun 203,20125740643
31 Mar 203,54129941844
31 Dec 193,20117240147
30 Sep 193,18221540452
30 Jun 193,19022439251
31 Mar 192,80417737848
31 Dec 183,74523738044
30 Sep 183,95218737437
30 Jun 184,09613437334
31 Mar 184,13815636933
31 Dec 173,39010037529
30 Sep 172,9502536023
30 Jun 172,6952734221
31 Mar 172,8092934519
31 Dec 162,8536532617
30 Sep 163,30514130519
30 Jun 163,49715631118
31 Mar 163,32813327718
31 Dec 153,46817229017
30 Sep 153,30418528116

質の高い収益: CSIQは現在利益が出ていません。

利益率の向上: CSIQは現在利益が出ていません。

フリー・キャッシュフローと収益の比較

過去の収益成長分析

収益動向: CSIQは利益が出ておらず、過去 5 年間で損失は年間27.3%の割合で増加しています。

成長の加速: CSIQの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。

収益対業界: CSIQは利益が出ていないため、過去 1 年間の収益成長をSemiconductor業界 ( 22.6% ) と比較することは困難です。

株主資本利益率

高いROE: CSIQは現在利益が出ていないため、自己資本利益率 ( -2.81% ) はマイナスです。

総資産利益率

使用総資本利益率

過去の好業績企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/07/12 05:51
終値2026/07/10 00:00
収益2026/03/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

このレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Canadian Solar Inc. 11 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。31

アナリスト機関
James FontanelliArete Research Services LLP
Vishal ShahBarclays
Carter DriscollB. Riley Securities, Inc.