Canadian Solar Future Growth
Future criteria checks 4/6
Canadian Solar is forecast to grow earnings and revenue by 59.8% and 13.9% per annum respectively. EPS is expected to grow by 43.7% per annum. Return on equity is forecast to be 6.7% in 3 years.
Key information
59.8%
Earnings growth rate
43.7%
EPS growth rate
| Semiconductor earnings growth | 28.5% |
| Revenue growth rate | 13.9% |
| Future return on equity | 6.7% |
| Analyst coverage | Good |
| Last updated | 25 Nov 2024 |
Recent future growth updates
Recent updates
Canadian Solar May Surprise In Q3 Call After Stock Nosedives Post-Election
Nov 15Canadian Solar: An Upcycle Is On The Horizon
Oct 25Canadian Solar's Recent Recovery May Not Last, Warranting A Downgrade To Neutral
Oct 09Canadian Solar: Slight Growth Cannot Remove Concerns Over Operations In China
Sep 10Why Investors Shouldn't Be Surprised By Canadian Solar Inc.'s (NASDAQ:CSIQ) 27% Share Price Plunge
Aug 29
Be Wary Of Canadian Solar (NASDAQ:CSIQ) And Its Returns On Capital
Aug 03Canadian Solar: Oversold Here - Compelling Value And Growth Investment Thesis
Jul 13Canadian Solar: High-Risk Reward Investment
Jul 01Is It Time To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?
Jun 20Canadian Solar: Risky, But Huge Potential Upside
May 29The Market Lifts Canadian Solar Inc. (NASDAQ:CSIQ) Shares 26% But It Can Do More
May 29Canadian Solar: Rising Chinese Production Pushes Global Market Into Glut
May 14Canadian Solar Inc. (NASDAQ:CSIQ) Analysts Just Slashed This Year's Estimates
May 12Returns 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 05Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 9,206 | 365 | -205 | 899 | 8 |
| 12/31/2025 | 8,156 | 243 | -500 | 271 | 9 |
| 12/31/2024 | 6,840 | 73 | -987 | -444 | 8 |
| 6/30/2024 | 6,513 | 37 | -2,077 | -373 | N/A |
| 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 |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CSIQ's forecast earnings growth (59.8% per year) is above the savings rate (2.6%).
Earnings vs Market: CSIQ's earnings (59.8% per year) are forecast to grow faster than the US market (15.3% 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 (8.9% 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 (6.7%).