Energy -
Solar - NASDAQ - CA
$ 11.24
0.725 %
$ 753 M
Market Cap
-32.71
P/E
1. INTRINSIC VALUE
Balance Sheet
Canadian Solar Inc.
| Current Assets | 5.52 B |
| Cash & Short-Term Investments | 2.25 B |
| Receivables | 1.49 B |
| Other Current Assets | 1.78 B |
| Non-Current Assets | 7.99 B |
| Long-Term Investments | 319 M |
| PP&E | 5.53 B |
| Other Non-Current Assets | 2.14 B |
| Current Liabilities | 5.67 B |
| Accounts Payable | 1.06 B |
| Short-Term Debt | 3.01 B |
| Other Current Liabilities | 1.59 B |
| Non-Current Liabilities | 3.7 B |
| Long-Term Debt | 2.9 B |
| Other Non-Current Liabilities | 793 M |
EFFICIENCY
Earnings Waterfall
Canadian Solar Inc.
| Revenue | 5.99 B |
| Cost Of Revenue | 4.99 B |
| Gross Profit | 999 M |
| Operating Expenses | 1.03 B |
| Operating Income | -125 M |
| Other Expenses | -46.8 M |
| Net Income | -77.9 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Canadian Solar Inc.
| Net Income | -77.9 M |
| Depreciation & Amortization | 501 M |
| Capital Expenditures | -1.87 B |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -1.65 B |
| Others | -807 M |
| Free Cash Flow | -2.75 B |
Wall Street Analysts Price Targets
Canadian Solar Inc.
Wall Street analysts predict an average 1-year price target for CSIQ of $16 , with forecasts ranging from
a
low of
$11 to a high of $27 .
CSIQ Lowest Price Target
Wall Street Target
11 USD
-2.14%
CSIQ Average Price Target
Wall Street Target
16 USD
42.35%
CSIQ Highest Price Target
Wall Street Target
27 USD
140.21%
4. DIVIDEND
ANALYSIS
CSIQ does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Canadian Solar Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
e-STORAGE's SolBank 3.0 Successfully Passes Large-Scale Fire Testing (LSFT)
KITCHENER, ON , June 3, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has successfully completed Large-Scale Fire Testing (LSFT) for its SolBank 3.0 energy storage system.
prnewswire.com
- 1 week ago
Canadian Solar Releases 2024 Corporate Sustainability Report
KITCHENER, ON , May 29, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced the release of its 2024 Sustainability Report. This report highlights the Company's sustainability strategy and performance, including progress towards achieving its sustainability goals.
prnewswire.com
- 2 weeks ago
Canadian Solar Q1 Loss Lower Than Expected, Revenues Fall Y/Y
CSIQ's Q1 revenues beat the Zacks Consensus Estimate by 9.9%. However, the top line decreases 10% from the year-ago level.
zacks.com
- 1 month ago
Canadian Solar Inc. (CSIQ) Q1 2025 Earnings Call Transcript
Canadian Solar Inc. (NASDAQ:CSIQ ) Q1 2025 Earnings Conference Call May 15, 2025 8:00 AM ET Company Participants Wina Huang - Head of IR Shawn Qu - Chairman and CEO Yan Zhuang - President of CSI Solar Ismael Guerrero - Corporate VP and President of Recurrent Energy Xinbo Zhu - SVP and CFO Conference Call Participants Colin Rusch - Oppenheimer & Company Philip Shen - Roth Capital Partners Tyler Bisset - Goldman Sachs Alan Lau - Jefferies Praneeth Satish - Wells Fargo Operator Ladies and gentlemen, thank you for standing by. Welcome to Canadian Solar's First Quarter 2025 Earnings Call.
seekingalpha.com
- 1 month ago
Canadian Solar (CSIQ) Reports Q1 Loss, Tops Revenue Estimates
Canadian Solar (CSIQ) came out with a quarterly loss of $1.07 per share versus the Zacks Consensus Estimate of a loss of $1.50. This compares to earnings of $0.19 per share a year ago.
zacks.com
- 1 month ago
Canadian Solar Reports First Quarter 2025 Results
KITCHENER, Ontario , May 15, 2025 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the first quarter ended March 31, 2025. First Quarter Highlights 9.4% year-over-year ("yoy") increase in solar module shipments to 6.9 GW, above guidance of 6.4 GW to 6.7 GW.
prnewswire.com
- 1 month ago
Surf Air Mobility ($SRFM) | Shoals Technologies ($SHLS) | ARRAY ($ARRY) | Canadian Solar ($CSIQ)
Welcome to the Green Stock News brief for Tuesday May 6th. Here are today's top headlines: Surf Air Mobility (NYSE: SRFM) announced that its subsidiary, Mokulele Airlines, has entered an interline agreement with Japan Airlines, enabling streamlined booking for travelers connecting through Honolulu to multiple Hawaiian destinations.
youtube.com
- 1 month ago
Canadian Solar Releases New TOPCon 2.0 / 660 Wp N-Type Module with up to 24.4% Efficiency for Utility and C&I PV Systems
KITCHENER, ON , May 6, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced the launch of its new N-type high power TOPBiHiKu CS6.2 module series for both Utility and Commercial & Industrial Systems. Based on the latest TOPCon cell technology, the module delivers a maximum power output up to 660 Wp and a conversion efficiency of up to 24.4%.
prnewswire.com
- 1 month ago
Canadian Solar Launches Cutting-Edge SolBank 3.0 Plus at Intersolar Europe
KITCHENER, ON , May 6, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), will officially launch its SolBank 3.0 Plus battery energy storage product at Intersolar Europe.
prnewswire.com
- 1 month ago
Canadian Solar Schedules First Quarter 2025 Earnings Conference Call for May 15
KITCHENER, ON , May 2, 2025 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, May 15, 2025, at 8:00 a.m. U.S. Eastern Time (8:00 p.m.
prnewswire.com
- 1 month ago
Analysts Estimate Canadian Solar (CSIQ) to Report a Decline in Earnings: What to Look Out for
Canadian Solar (CSIQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 1 month ago
Canadian Solar Files Annual Report on Form 20-F for Year Ended December 31, 2024
KITCHENER, ON , April 30, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), today announced the filing of its annual report on Form 20-F for the year ended on December 31, 2024 with the U.S. Securities and Exchange Commission ("SEC"). The annual report on Form 20-F can be accessed on the Company's Investor Relations website at www.canadiansolar.com or on the SEC's website at www.sec.gov.
prnewswire.com
- 1 month ago
8. Profile
Summary
Canadian Solar Inc. CSIQ
COUNTRY
CA
INDUSTRY
Solar
MARKET CAP
$ 753 M
Dividend Yield
0.00%
Description
Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power and battery storage products in Asia, the Americas, Europe, and internationally. The company operates through two segments, Canadian Solar Inc. (CSI) Solar and Global Energy. The CSI Solar segment offers standard solar modules and battery storage solutions, as well as solar system kits that are a ready-to-install packages comprising inverters, racking systems, and other accessories; and engineering, procurement, and construction (EPC) services. The Global Energy segment engages in the development, construction, maintenance, and sale of solar and battery storage projects; operation of solar power plants; and sale of electricity. This segment also provides operation and maintenance (O&M) services, including monitoring, inspections, repair, and replacement of plant equipment; and site management and administrative support services for solar projects, as well as asset management services. As of January 31, 2021, this segment had a fleet of solar power plants in operation with an aggregate capacity of approximately 445 MWp. The company serves distributors, system integrators, project developers, and installers/EPC companies. It sells its products primarily under its Canadian Solar brand name; and on an OEM basis. The company was incorporated in 2001 and is headquartered in Guelph, Canada.
Contact
545 Speedvale Avenue West, Guelph, ON, N1K 1E6
https://www.canadiansolar.com
IPO
Date
Nov. 9, 2006
Employees
17113
Officers
Mr. Jeffrey Kalikow
Interim Chief Compliance Officer
Mr. Ismael Guerrero Arias
Chief Executive Officer of Recurrent Energy
Dr. Huifeng Chang Ph.D.
Senior Vice President & Chief Strategy Officer
Mr. Kah Locke Tham
Corporate Secretary & Corporate Controller
Ms. Mary Ma
Senior Supervisor of Investor Relations
Dr. Xiaohua Qu Ph.D.
Chairman, President & Chief Executive Officer
Mr. Xinbo Zhu
Senior Vice President, Chief Financial Officer & Director
Mr. Yan Zhuang
President of CSI Solar & Director
Ms. Wina Huang
Head of Investor Relations
Mr. Ed Job CFA, M.Sc.
Managing Director of Investor Relations