Canadian Solar Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 11/30 in the Renewable Energy industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 21.11.In the medium term, the stock price is expected to trend up.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Canadian Solar Inc's Score
Industry at a Glance
Industry Ranking
11 / 30
Overall Ranking
228 / 4592
Industry
Renewable Energy
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
12
analysts
Hold
Current Rating
21.111
Target Price
-10.20%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Canadian Solar Inc Highlights
StrengthsRisks
Canadian Solar Inc. is a Canada-based solar technology and renewable energy company. It is a manufacturer of solar photovoltaic modules, a provider of solar energy and battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects with a geographically diversified pipeline in various stages of development. It operates through two segments: Recurrent Energy, and CSI Solar. The Recurrent Energy segment is vertically integrated and focuses on greenfield origination, development, financing, execution, operations and maintenance, and asset management. The CSI Solar segment consists of solar module and battery energy storage manufacturing, and delivery of total system solutions, including inverters, solar system kits, and engineering, procurement, and construction (EPC) services. It has developed, built, and connected around 10 Giga Watt peak (GWp) of solar power projects and 3.3 GWh of battery energy storage projects across the world.
Industry Leader
The company's revenue leads the industry, with the latest annual revenue totaling USD 5.99B.
Fairly Valued
The company’s latest PB is 0.53, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 27.84M shares, increasing 0.18% quarter-over-quarter.
Canadian Solar Inc. is a Canada-based solar technology and renewable energy company. It is a manufacturer of solar photovoltaic modules, a provider of solar energy and battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects with a geographically diversified pipeline in various stages of development. It operates through two segments: Recurrent Energy, and CSI Solar. The Recurrent Energy segment is vertically integrated and focuses on greenfield origination, development, financing, execution, operations and maintenance, and asset management. The CSI Solar segment consists of solar module and battery energy storage manufacturing, and delivery of total system solutions, including inverters, solar system kits, and engineering, procurement, and construction (EPC) services. It has developed, built, and connected around 10 Giga Watt peak (GWp) of solar power projects and 3.3 GWh of battery energy storage projects across the world.
Ticker SymbolCSIQ
CompanyCanadian Solar Inc
CEOQu (Xiaohua)
Websitehttps://www.canadiansolar.com/
FAQs
What is the current price of Canadian Solar Inc (CSIQ)?
The current price of Canadian Solar Inc (CSIQ) is 22.650.
What is the symbol of Canadian Solar Inc?
The ticker symbol of Canadian Solar Inc is CSIQ.
What is the 52-week high of Canadian Solar Inc?
The 52-week high of Canadian Solar Inc is 34.590.
What is the 52-week low of Canadian Solar Inc?
The 52-week low of Canadian Solar Inc is 6.565.
What is the market capitalization of Canadian Solar Inc?
The market capitalization of Canadian Solar Inc is 1.52B.
What is the net income of Canadian Solar Inc?
The net income of Canadian Solar Inc is 36.05M.
Is Canadian Solar Inc (CSIQ) currently rated as Buy, Hold, or Sell?
According to analysts, Canadian Solar Inc (CSIQ) has an overall rating of Hold, with a price target of 21.111.
What is the Earnings Per Share (EPS TTM) of Canadian Solar Inc (CSIQ)?
The Earnings Per Share (EPS TTM) of Canadian Solar Inc (CSIQ) is 0.244.