Canadian SolarCSIQ
CSIQ
About: Canadian Solar Inc is a Canadian solar power company. It is an integrated provider of solar power products, services, and system solutions. The company engages in designing, developing, and manufacturing solar ingots, wafers, cells, modules, and other solar power products. It operates through two business segments CSI Solar and Recurrent Energy segment. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. Its Recurrent segment primarily comprises solar and battery storage project development and sale, O&M and asset management services for operational projects, sale of electricity, and investment in retained assets.
Employees: 22,234
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 3 (+2) [Q4]
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
2% more funds holding
Funds holding: 133 [Q3] → 135 (+2) [Q4]
2.18% less ownership
Funds ownership: 49.45% [Q3] → 47.28% (-2.18%) [Q4]
36% less capital invested
Capital invested by funds: $548M [Q3] → $349M (-$198M) [Q4]
39% less call options, than puts
Call options by funds: $24.6M | Put options by funds: $40.6M
42% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 55
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$8
11%
downside
Avg. target
$8.50
6%
downside
High target
$9
0%
upside
2 analyst ratings
0 positive
0%
1 neutral
50%
1 negative
50%
Citigroup Vikram Bagri 42% 1-year accuracy 5 / 12 met price target | 11%downside $8 | Neutral Upgraded | 17 Apr 2025 |
Goldman Sachs Brian Lee 37% 1-year accuracy 31 / 83 met price target | 0%downside $9 | Sell Maintained | 26 Mar 2025 |
Financial journalist opinion
Based on 9 articles about CSIQ published over the past 30 days
Neutral
PRNewsWire
4 hours 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.
Neutral
PRNewsWire
19 hours ago
Recurrent Energy Secures $415 Million Corporate Debt Financing to Accelerate Global IPP Growth
Flexible, multi-currency facility strengthens Recurrent Energy's financial position, as it scales its global renewable energy portfolio. KITCHENER, ON , April 30, 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 it has secured a multi-currency credit facility valued at up to US$415 million, backed by a consortium of four major banks.
Positive
Seeking Alpha
1 day ago
Canadian Solar: Hidden Value In Recurrent Energy; Momentum Buy
Canadian Solar soared an extraordinary 41.9% over just two trading sessions (with double-normal trading volumes) during 24-25 April 2025, closing at $11.15 on no specific news. CSIQ's fundamental asset value diverges sharply from its stock price, making CSIQ a potential M&A or restructuring target with possible buyout to be taken private. We see a hidden value of $9.3–$18.8 per share in Recurrent Energy, while analysts price only the panel trading business at $5 per share, exposed to overstocking and US-China tariff risks.
Neutral
Zacks Investment Research
1 week ago
FSLR vs. CSIQ: Which Solar Stock Is the Brighter Player?
Solar investors should stay invested in FSLR, considering CSIQ's weak solvency position and unattractive valuation.
Neutral
PRNewsWire
1 week ago
Canadian Solar's e-STORAGE to Deliver 912 MWh of Energy Storage Solutions for Colbún's Diego de Almagro Sur Project in Chile
KITCHENER, ON , April 23, 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 Colbún, one of Chile's leading power generation companies, to supply a 228 MW/912 MWh Battery Energy Storage System (BESS) for the Diego de Almagro Sur project in Chile's Atacama Region.
Neutral
PRNewsWire
1 week ago
Recurrent Energy Announces Successful Operation of 127 MW Solar Project in Louisiana
KITCHENER, ON , April 21, 2025 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ), and a global developer, owner, and operator of solar and energy storage assets, held a tour and ribbon cutting ceremony at Bayou Galion Solar, a 127 MWdc solar project located in Northeast Louisiana. The project commenced operations in November 2024.
Negative
Zacks Investment Research
3 weeks ago
New Strong Sell Stocks for April 9th
CSIQ, ARMP and DAR have been added to the Zacks Rank #5 (Strong Sell) List on April 9, 2025.
Negative
Seeking Alpha
4 weeks ago
Canadian Solar Vs JinkoSolar: Which Solar Giant Is The Smarter Buy Now?
Both Canadian Solar and JinkoSolar are facing significant challenges due to industry overcapacity, leading to lower solar panel prices and squeezed profit margins. Stock prices and valuations in the solar industry have reached multi-year lows, suggesting undervaluation and creating opportunities for those that are willing to dig deeper. Despite current challenges, the long-term outlook for solar energy is positive, driven by the global energy transition and decreasing costs.
Neutral
PRNewsWire
4 weeks ago
Canadian Solar and Flow Power to Install Innovative Anti-Hail Solar Panels
Canadian Solar's new anti-hail technology is set to be installed at a new South Australian solar BESS energy project by Flow Power, enhancing the resilience of solar energy in Australia's harsh climate. KITCHENER, ON , April 1, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that its subsidiary in Australia and Flow Power, one of Australia's fastest growing energy retailers, have teamed up to deliver the first Flow Power solar project featuring Canadian Solar's anti-hail modules.
Negative
Seeking Alpha
1 month ago
Canadian Solar: Facing Headwinds While Navigating Strong Storage Demand
Canadian Solar remains resilient despite market headwinds, with strong storage business growth and diversified revenue streams offsetting module sales softness. The company faces challenges adapting to new technologies like TOPCon, incurring significant costs to update outdated manufacturing assets. Investments in U.S. manufacturing add uncertainty, with potential political and operational risks, but aim to reduce reliance on China.
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