Canadian Solar Inc's fundamentals are relatively healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 14 out of 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 remain stable.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.

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The current financial score of Canadian Solar Inc is 7.36, ranking 14 out of 30 in the Renewable Energy industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 1.49B, representing a year-over-year decrease of 1.34%, while its net profit experienced a year-over-year decrease of 164.07%.
The current valuation score of Canadian Solar Inc is 9.63, ranking 1 out of 30 in the Renewable Energy industry. Its current P/E ratio is 80.90, which is 69.85% below the recent high of 137.41 and 6643.65% above the recent low of -5293.94.

The current earnings forecast score of Canadian Solar Inc is 5.67, ranking 22 out of 30 in the Renewable Energy industry. The average price target is 20.00, with a high of 38.00 and a low of 5.58.


Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Canadian Solar Inc is 6.54, ranking 18 out of 30 in the Renewable Energy industry. Currently, the stock price is trading between the resistance level at 24.29 and the support level at 17.07, making it suitable for range-bound swing trading.

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Canadian Solar Inc is 5.00, ranking 10 out of 30 in the Renewable Energy industry. The latest institutional shareholding proportion is 57.53%, representing a quarter-over-quarter decrease of 1.49%. The largest institutional shareholder is Invesco, holding a total of 2.20M shares, representing 3.29% of shares outstanding, with 4.80% decrease in holdings.

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Renewable Energy domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Canadian Solar Inc is 2.86, ranking 17 out of 30 in the Renewable Energy industry. The company's beta value is 1.29. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.