Canadian SolarCSIQ
CSIQ
About: Canadian Solar Inc is a Canadian solar technology and renewable energy company. It is a manufacturer of solar photovoltaic modules, a provider of battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects.. It operates through two business segments CSI Solar and Recurrent Energy segment. The CSI Solar segment focused on solar modules and battery energy storage manufacturing and products. Its Recurrent segment focused on utility-scale solar power and battery energy storage project development and operation. Key revenue is generated from CSI Solar segment.
Employees: 17,113
0
Funds holding %
of 7,311 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]
0.76% less ownership
Funds ownership: 47.28% [Q4 2024] → 46.52% (-0.76%) [Q1 2025]
12% less funds holding
Funds holding: 135 [Q4 2024] → 119 (-16) [Q1 2025]
20% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 46
24% less capital invested
Capital invested by funds: $349M [Q4 2024] → $267M (-$82.7M) [Q1 2025]
40% less call options, than puts
Call options by funds: $16.1M | Put options by funds: $26.9M
57% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 28
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$8
39%
downside
Avg. target
$10.75
17%
downside
High target
$15
15%
upside
4 analyst ratings
1 positive
25%
2 neutral
50%
1 negative
25%
Mizuho Maheep Mandloi | 15%upside $15 | Outperform Maintained | 2 Jun 2025 |
Goldman Sachs Brian Lee | 31%downside $9 | Sell Maintained | 16 May 2025 |
Wells Fargo Praneeth Satish | 16%downside $11 | Equal-Weight Maintained | 16 May 2025 |
Citigroup Vikram Bagri | 39%downside $8 | Neutral Upgraded | 17 Apr 2025 |
Financial journalist opinion
Neutral
PRNewsWire
18 hours ago
Recurrent Energy Energizes 1,200 MWh Storage Facility in Arizona Ahead of Peak Summer Demand
First of three projects with APS now in operation, delivering flexible capacity to the grid KITCHENER, ON , July 7, 2025 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ), and a leading global developer, owner, and operator of solar and energy storage assets, announced today that the 1,200 MWh Papago Storage facility in Maricopa County, Arizona, has reached commercial operation. The project is now dispatching stored energy to Arizona Public Service (APS), the state's largest electric utility, in time to help meet rising electricity demand during the summer season.
Neutral
PRNewsWire
2 weeks ago
Canadian Solar Inc. Announces Results of 2025 Annual Meeting of Shareholders
KITCHENER, ON , June 20, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it held its Annual Meeting of Shareholders on June 20, 2025. Each of the proposals submitted for shareholder approval was approved.
Neutral
PRNewsWire
1 month ago
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.
Neutral
PRNewsWire
1 month 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.
Negative
Proactive Investors
1 month ago
Solar stocks plunge as House GOP budget bill threatens clean energy incentives
US-listed solar energy stocks tumbled on Thursday after the House of Representatives passed a sweeping budget and tax bill that proposes to eliminate key clean energy incentives, triggering fears of a sharp slowdown in industry investment. The legislation, backed by Republicans and branded by former President Donald Trump as the “One Big, Beautiful Bill,” calls for the immediate repeal of the 30% federal tax credit for residential solar installations.
Negative
Invezz
1 month ago
US solar stocks sink as Trump tax bill threatens green energy lifelines
Shares of major US solar companies tumbled sharply on Thursday after the House of Representatives passed President Donald Trump's tax and spending bill, a sweeping measure that aims to dismantle key pillars of the Biden-era Inflation Reduction Act and cut billions in federal support for renewable energy.
Neutral
Zacks Investment Research
1 month 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.
Neutral
Seeking Alpha
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.
Negative
Zacks Investment Research
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.
Neutral
PRNewsWire
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.
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