Canadian Solar Inc.

NasdaqGS:CSIQ Stock Report

Market Cap: US$1.1b

Canadian Solar Dividends and Buybacks

Dividend criteria checks 0/6

Canadian Solar does not have a record of paying a dividend.

Key information

n/a

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield0%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ration/a

Recent dividend and buyback updates

No updates

Recent updates

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.

Canadian Solar: Discounted Power Generation And Storage Leader - Reiterate Buy

Apr 22

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

Dec 14
Benign Growth For Canadian Solar Inc. (NASDAQ:CSIQ) Underpins Stock's 33% Plummet

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.

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

Nov 20
We Like The Quality Of Canadian Solar's (NASDAQ:CSIQ) Earnings

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.

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.

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

Oct 14
Canadian Solar Inc. (NASDAQ:CSIQ) Shares Fly 30% But Investors Aren't Buying For Growth

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.

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

Aug 24
Canadian Solar Inc. Just Missed EPS By 93%: Here's What Analysts Think Will Happen Next

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

Jul 22
Canadian Solar Inc.'s (NASDAQ:CSIQ) Share Price Boosted 29% But Its Business Prospects Need A Lift Too

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

May 03
Canadian Solar Inc. (NASDAQ:CSIQ) Looks Inexpensive But Perhaps Not Attractive Enough

Canadian Solar: Hidden Value In Recurrent Energy; Momentum Buy

Apr 29

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

Mar 27
Earnings Beat: Canadian Solar Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

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

Mar 26

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

Jan 25

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

Jan 20
Here's What's Concerning About Canadian Solar's (NASDAQ:CSIQ) Returns On Capital

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
User avatar

Decisive Moves And Tech Advancements Propel Growth In Solar And Energy Storage Sectors

Strategic sourcing and technological shifts towards TOPCon technologies support profitability through operational efficiencies and competitive cost structures.

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

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if CSIQ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CSIQ's dividend payments have been increasing.


Dividend Yield vs Market

Canadian Solar Dividend Yield vs Market
How does CSIQ dividend yield compare to the market?
SegmentDividend Yield
Company (CSIQ)n/a
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Semiconductor)0.4%
Analyst forecast (CSIQ) (up to 3 years)0%

Notable Dividend: Unable to evaluate CSIQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CSIQ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate CSIQ's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CSIQ has not reported any payouts.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/04 06:48
End of Day Share Price 2026/05/04 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Canadian Solar Inc. is covered by 33 analysts. 11 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
Carter DriscollB. Riley Securities, Inc.