Canadian SolarCSIQ
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
Fund manager confidence
Based on 2024 Q4 regulatory filings 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
6.16% more ownership
Funds ownership: 49.47% [Q3] → 55.62% (+6.16%) [Q4]
2% more funds holding
Funds holding: 133 [Q3] → 135 (+2) [Q4]
25% less capital invested
Capital invested by funds: $548M [Q3] → $409M (-$139M) [Q4]
39% less call options, than puts
Call options by funds: $24.6M | Put options by funds: $40.6M
43% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 56
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wells Fargo Michael Blum 57% 1-year accuracy 21 / 37 met price target | 6%upside $10 | Equal-Weight Maintained | 8 Jan 2025 |
Financial journalist opinion
