Energy -
Solar - NASDAQ - CA
$ 10.12
0.697 %
$ 670 M
Market Cap
-72.29
P/E
1. INTRINSIC VALUE
2. FUNDAMENTAL
ANALYSIS
Price Chart CSIQ
FINANCIALS
Balance Sheet
Canadian Solar Inc.
| Current Assets | 6.1 B |
| Cash & Short-Term Investments | 1.94 B |
| Receivables | 1.21 B |
| Other Current Assets | 2.95 B |
| Non-Current Assets | 6.08 B |
| Long-Term Investments | 277 M |
| PP&E | 4.28 B |
| Other Non-Current Assets | 1.53 B |
| Current Liabilities | 5.86 B |
| Accounts Payable | 814 M |
| Short-Term Debt | 2.7 B |
| Other Current Liabilities | 2.35 B |
| Non-Current Liabilities | 2.33 B |
| Long-Term Debt | 1.77 B |
| Other Non-Current Liabilities | 554 M |
EFFICIENCY
Earnings Waterfall
Canadian Solar Inc.
| Revenue | 7.61 B |
| Cost Of Revenue | 6.33 B |
| Gross Profit | 1.28 B |
| Operating Expenses | 825 M |
| Operating Income | 453 M |
| Other Expenses | 179 M |
| Net Income | 274 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Canadian Solar Inc.
| Net Income | 274 M |
| Depreciation & Amortization | 307 M |
| Capital Expenditures | -1.53 B |
| Stock-Based Compensation | 55.3 M |
| Change in Working Capital | -262 M |
| Others | -163 M |
| Free Cash Flow | -841 M |
Wall Street Analysts Price Targets
Canadian Solar Inc.
Wall Street analysts predict an average 1-year price target for CSIQ of $19 , with forecasts ranging from
a
low of
$11 to a high of $27 .
CSIQ Lowest Price Target
Wall Street Target
11 USD
8.70%
CSIQ Average Price Target
Wall Street Target
19 USD
87.75%
CSIQ Highest Price Target
Wall Street Target
27 USD
166.80%
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
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
Canadian Solar's e-STORAGE to Deliver 960 MWh of Energy Storage Systems for Copenhagen Infrastructure Partners in Australia
KITCHENER, ON , Feb. 10, 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 signed a contract with Copenhagen Infrastructure Partners ("CIP") through its fifth flagship fund Copenhagen Infrastructure V to deliver 240 MW/960 MWh battery energy storage systems in Summerfield, South Australia.
prnewswire.com
- 3 weeks ago
Dr. Shawn Qu, Chairman and CEO of Canadian Solar, Recognized as an Innovator on the TIME100 Climate 2024 List
KITCHENER, ON , Jan. 28, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), a global leader in solar power and renewable energy solutions, is pleased to announce that its Founder, Chairman, and CEO, Dr. Shawn Qu, has been named an Innovator on the prestigious TIME100 Climate 2024 list. This recognition celebrates his outstanding contributions to the renewable energy sector and his leadership in advancing solar and energy storage solutions worldwide.
prnewswire.com
- 1 month ago
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
zacks.com
- 1 month ago
Canadian Solar Opens New and Expanded Global Headquarters in Ontario, Canada
KITCHENER, ON , Jan. 15, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), a global leader in solar power and renewable energy solutions, today announced the opening of its new global headquarters in Ontario, Canada. Founded in 2001 by Dr. Shawn Qu in Guelph, Canadian Solar has grown from a visionary startup into a global powerhouse with around 20,000 employees and operations in more than 20 countries worldwide.
prnewswire.com
- 1 month ago
Canadian Solar to Supply 2 GWh Battery Energy Storage in Scotland
CSIQ has inked a deal with CIP to supply 2 GWh DC of battery energy storage systems for two significant projects in Scotland.
zacks.com
- 1 month ago
Green Stock News for January 8, 2025: $PONY $CSIQ $EVTL $VLCN
Welcome to the Green Stock News brief for Wednesday January 8th. Here are today's top headlines: Pony.ai (NASDAQ: PONY) announced plans to provide driverless transportation services at Hong Kong International Airport, marking a significant step in expanding its autonomous mobility offerings in the Hong Kong market.
youtube.com
- 1 month ago
Canadian Solar's e-STORAGE to Deliver 2 GWh of Energy Storage Systems in the UK for Copenhagen Infrastructure Partners
KITCHENER, ON , Jan. 8, 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 signed contracts with Copenhagen Infrastructure Partners (CIP), through its flagship fund CI IV.
prnewswire.com
- 1 month ago
3 Solar Stocks to Watch Amid Solid Installation Trend in US
The US solar industry should benefit from IRA-induced investments amid cost competition with China. You may keep ENPH, NXT & CSIQ in your portfolio.
zacks.com
- 1 month ago
4 Solar Stocks That Might Beat the Market in 2025
Global solar installations are estimated to fall 0.4% from the year-earlier level to 492 gigawatts in 2025. Yet, you can keep FSLR, ENPH, NXT and CSIQ on the watchlist.
zacks.com
- 2 months ago
Onshoring Brightens Canadian Solar's Future
Canadian Solar faces near-term challenges from political risks, tariffs, and Chinese oversupply, impacting margins and cash flows until at least 2026. Despite short-term issues, long-term growth is driven by global electrification and AI-driven energy consumption, making the stock undervalued compared to its parts. Estimated fair value for CSIQ is $87.26, with significant potential from CSI Solar and Recurrent Energy's shift to a utility-like model.
seekingalpha.com
- 2 months ago
Micro-Inverters Strategic Business Report 2024, with Coverage of Major Players such as ABB, Altenergy Power System, Canadian Solar, Chilicon Power, Darfon Electronics and More
The Residential Application segment is expected to reach US$7.5 Billion by 2030 with a CAGR of a 17%. The Residential Application segment is expected to reach US$7.5 Billion by 2030 with a CAGR of a 17%.
globenewswire.com
- 2 months ago
SolarEdge Poised For Growth Amid Cost Cuts, While Canadian Solar Faces US Policy Headwinds: Goldman Sachs
Goldman Sachs analyst Brian Lee revised ratings for key residential solar stocks. The analyst notes there is a disconnect between the mid-to-long-term fundamentals and valuations for solar/storage equities heading into 2025.
benzinga.com
- 2 months ago
8. Profile
Summary
Canadian Solar Inc. CSIQ
COUNTRY
CA
INDUSTRY
Solar
MARKET CAP
$ 670 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
22234
Officers
Ms. Mary Ma
Senior Supervisor of Investor Relations
Mr. Kah Locke Tham
Corporate Secretary & Corporate Controller
Dr. Xiaohua Qu Ph.D.
Chairman, President & Chief Executive Officer
Dr. Huifeng Chang Ph.D.
Senior Vice President, Chief Strategy Officer & Director
Mr. Jeffrey Kalikow
Interim Chief Compliance Officer
Mr. Ismael Guerrero Arias
Chief Executive Officer of Recurrent Energy
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
Mr. Xinbo Zhu
Senior Vice President & Chief Financial Officer