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Canadian Solar NasdaqGS:CSIQ Stock Report

Last Price

US$11.81

Market Cap

US$781.4m

7D

1.2%

1Y

-54.3%

Updated

24 Dec, 2024

Data

Company Financials +

Canadian Solar Inc.

NasdaqGS:CSIQ Stock Report

Market Cap: US$781.4m

CSIQ Stock Overview

Provides solar energy and battery energy storage products and solutions in in Asia, the Americas, Europe, and internationally. More details

CSIQ fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance1/6
Financial Health3/6
Dividends0/6

My Notes

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Community Narratives

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Canadian Solar Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Canadian Solar
Historical stock prices
Current Share PriceUS$11.81
52 Week HighUS$26.85
52 Week LowUS$10.60
Beta1.26
1 Month Change-0.84%
3 Month Change-15.46%
1 Year Change-54.26%
3 Year Change-61.72%
5 Year Change-46.56%
Change since IPO-24.44%

Recent News & Updates

Canadian Solar: Persisting External Headwinds Affect Regional Expansions

Dec 23

Recent updates

Canadian Solar: Persisting External Headwinds Affect Regional Expansions

Dec 23

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

Nov 15

Canadian Solar: An Upcycle Is On The Horizon

Oct 25

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

Oct 09

Canadian Solar: Slight Growth Cannot Remove Concerns Over Operations In China

Sep 10

Why Investors Shouldn't Be Surprised By Canadian Solar Inc.'s (NASDAQ:CSIQ) 27% Share Price Plunge

Aug 29
Why Investors Shouldn't Be Surprised By Canadian Solar Inc.'s (NASDAQ:CSIQ) 27% Share Price Plunge

Be Wary Of Canadian Solar (NASDAQ:CSIQ) And Its Returns On Capital

Aug 03
Be Wary Of Canadian Solar (NASDAQ:CSIQ) And Its Returns On Capital

Canadian Solar: Oversold Here - Compelling Value And Growth Investment Thesis

Jul 13

Canadian Solar: High-Risk Reward Investment

Jul 01

Is It Time To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?

Jun 20
Is It Time To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?

Canadian Solar: Risky, But Huge Potential Upside

May 29

The Market Lifts Canadian Solar Inc. (NASDAQ:CSIQ) Shares 26% But It Can Do More

May 29
The Market Lifts Canadian Solar Inc. (NASDAQ:CSIQ) Shares 26% But It Can Do More

Canadian Solar: Rising Chinese Production Pushes Global Market Into Glut

May 14

Canadian Solar Inc. (NASDAQ:CSIQ) Analysts Just Slashed This Year's Estimates

May 12
Canadian Solar Inc. (NASDAQ:CSIQ) Analysts Just Slashed This Year's Estimates

Returns On Capital At Canadian Solar (NASDAQ:CSIQ) Paint A Concerning Picture

Apr 30
Returns On Capital At Canadian Solar (NASDAQ:CSIQ) Paint A Concerning Picture

Canadian Solar: Overstated Tariff Fears Offer Excellent Pay-Off

Apr 24

Impressive Earnings May Not Tell The Whole Story For Canadian Solar (NASDAQ:CSIQ)

Mar 21
Impressive Earnings May Not Tell The Whole Story For Canadian Solar (NASDAQ:CSIQ)

At US$19.66, Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth Looking At Closely?

Mar 06
At US$19.66, Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth Looking At Closely?

Canadian Solar: An Undervalued Canadian Company With International Operations

Feb 23

Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth US$22.1 Based On Its Intrinsic Value?

Feb 09
Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth US$22.1 Based On Its Intrinsic Value?

Canadian Solar: Too Cheap To Ignore

Jan 25

Is It Too Late To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?

Oct 04
Is It Too Late To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?

Canadian Solar (NASDAQ:CSIQ) May Have Issues Allocating Its Capital

Aug 12
Canadian Solar (NASDAQ:CSIQ) May Have Issues Allocating Its Capital

An Intrinsic Calculation For Canadian Solar Inc. (NASDAQ:CSIQ) Suggests It's 27% Undervalued

Jul 13
An Intrinsic Calculation For Canadian Solar Inc. (NASDAQ:CSIQ) Suggests It's 27% Undervalued

Is It Too Late To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?

Jun 12
Is It Too Late To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?

Canadian Solar's (NASDAQ:CSIQ) Returns Have Hit A Wall

May 12
Canadian Solar's (NASDAQ:CSIQ) Returns Have Hit A Wall

Shareholder Returns

CSIQUS SemiconductorUS Market
7D1.2%3.4%-0.4%
1Y-54.3%76.3%24.8%

Return vs Industry: CSIQ underperformed the US Semiconductor industry which returned 76.3% over the past year.

Return vs Market: CSIQ underperformed the US Market which returned 24.8% over the past year.

Price Volatility

Is CSIQ's price volatile compared to industry and market?
CSIQ volatility
CSIQ Average Weekly Movement13.2%
Semiconductor Industry Average Movement7.6%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: CSIQ's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: CSIQ's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
200122,234Shawn Quwww.canadiansolar.com

Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in in Asia, the Americas, Europe, and internationally. The company operates through two segments, CSI Solar and Recurrent Energy. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products.

Canadian Solar Inc. Fundamentals Summary

How do Canadian Solar's earnings and revenue compare to its market cap?
CSIQ fundamental statistics
Market capUS$781.39m
Earnings (TTM)US$762.00k
Revenue (TTM)US$6.17b

1,025x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CSIQ income statement (TTM)
RevenueUS$6.17b
Cost of RevenueUS$5.16b
Gross ProfitUS$1.01b
Other ExpensesUS$1.01b
EarningsUS$762.00k

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.012
Gross Margin16.39%
Net Profit Margin0.012%
Debt/Equity Ratio121.8%

How did CSIQ perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 04:08
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Canadian Solar Inc. is covered by 32 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James FontanelliArete Research Services LLP
Vishal ShahBarclays
Wayne T. ChangBrean Capital