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CSIQ logo CSIQ
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Canadian Solar Inc (CSIQ)

Upturn stock ratingUpturn stock rating
$13.37
Last Close (24-hour delay)
Profit since last BUY31.72%
upturn advisory
Consider higher Upturn Star rating
BUY since 42 days
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Upturn Advisory Summary

07/14/2025: CSIQ (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

11 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $12.97

1 Year Target Price $12.97

Analysts Price Target For last 52 week
$12.97 Target price
52w Low $6.57
Current$13.37
52w High $19.55

Analysis of Past Performance

Type Stock
Historic Profit -49.51%
Avg. Invested days 18
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 851.22M USD
Price to earnings Ratio -
1Y Target Price 12.97
Price to earnings Ratio -
1Y Target Price 12.97
Volume (30-day avg) 11
Beta 1.38
52 Weeks Range 6.57 - 19.55
Updated Date 07/13/2025
52 Weeks Range 6.57 - 19.55
Updated Date 07/13/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.34

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -0.17%
Operating Margin (TTM) -4.58%

Management Effectiveness

Return on Assets (TTM) -0.07%
Return on Equity (TTM) -4.92%

Valuation

Trailing PE -
Forward PE 4.08
Enterprise Value 5759719246
Price to Sales(TTM) 0.15
Enterprise Value 5759719246
Price to Sales(TTM) 0.15
Enterprise Value to Revenue 0.98
Enterprise Value to EBITDA 16.52
Shares Outstanding 66972200
Shares Floating 45823905
Shares Outstanding 66972200
Shares Floating 45823905
Percent Insiders 31.56
Percent Institutions 48.99

ai summary icon Upturn AI SWOT

Canadian Solar Inc

stock logo

Company Overview

overview logo History and Background

Canadian Solar Inc. was founded in 2001 in Canada by Shawn Qu. It initially focused on solar module manufacturing and has since expanded into project development and energy storage solutions. The company has grown to become a global player in the solar industry.

business area logo Core Business Areas

  • Module and System Solutions: Manufactures solar modules and related system solutions for residential, commercial, and utility-scale applications.
  • Energy Storage: Develops and delivers energy storage solutions, including battery storage systems, for grid-scale and behind-the-meter applications.
  • Project Development: Develops, builds, and operates solar power plants globally.
  • CSI Solar: Manufacturing business including ingot, wafer, cell and module production, and provides solar system kits and total solutions.

leadership logo Leadership and Structure

Shawn Qu serves as the Chairman, President, and CEO. The company operates with a global organizational structure, including regional sales and operational teams.

Top Products and Market Share

overview logo Key Offerings

  • Solar Modules (HiKu and BiHiKu): High-efficiency solar modules with monocrystalline and bifacial technology. Canadian Solar has a significant market share in the module market, but precise figures fluctuate. Competitors include Jinko Solar, LONGi, and Trina Solar.
  • Energy Storage Solutions (SolBank): Utility-scale energy storage solutions. Market share information is still developing as the energy storage market grows. Competitors include Fluence, Tesla, and Powin Energy.
  • Turnkey Solar Power Plants: Development and construction of complete solar power plants for utilities and independent power producers. Revenue varies annually based on project pipeline and execution. Competitors include First Solar, Enphase Energy, and SunPower.

Market Dynamics

industry overview logo Industry Overview

The solar energy industry is experiencing rapid growth driven by increasing demand for renewable energy, decreasing costs of solar technology, and government incentives. The industry is highly competitive and subject to changes in policies and regulations.

Positioning

Canadian Solar is positioned as a leading global provider of solar modules and energy solutions, competing on technology, cost, and scale. It has a strong presence in key markets like North America, Europe, and Asia.

Total Addressable Market (TAM)

The global solar energy market is projected to reach hundreds of billions of dollars in the coming years. Canadian Solar is positioned to capture a significant portion of this TAM with its diverse product offerings and global presence.

Upturn SWOT Analysis

Strengths

  • Global presence and brand recognition
  • Vertically integrated supply chain
  • Strong technology and R&D capabilities
  • Diverse product portfolio
  • Extensive project development experience

Weaknesses

  • Exposure to trade barriers and tariffs
  • Reliance on government subsidies and incentives
  • Competition from low-cost manufacturers
  • Fluctuations in raw material prices
  • High debt load

Opportunities

  • Growing demand for renewable energy
  • Expansion of energy storage market
  • Development of new solar technologies
  • Entry into emerging markets
  • Strategic partnerships and acquisitions

Threats

  • Changes in government policies and regulations
  • Increased competition
  • Economic downturns
  • Supply chain disruptions
  • Technological obsolescence

Competitors and Market Share

competitor logo Key Competitors

  • Jinko Solar (JKS)
  • LONGi Green Energy Technology (601012.SS - Shanghai Stock Exchange, not US listed)
  • Trina Solar (688599.SS - Shanghai Stock Exchange, not US listed)

Competitive Landscape

Canadian Solar competes on cost, technology, and scale. It has a strong brand reputation and a global presence, but faces competition from low-cost manufacturers and established players.

Major Acquisitions

Recurrent Energy

  • Year: 2015
  • Acquisition Price (USD millions): 265
  • Strategic Rationale: Acquired to expand its project development capabilities.

Growth Trajectory and Initiatives

Historical Growth: Canadian Solar has experienced significant revenue growth over the past decade, driven by increasing demand for solar energy. Growth rates have fluctuated based on market conditions and project execution.

Future Projections: Future growth is projected to be strong, driven by the expansion of the solar and energy storage markets. Analyst estimates vary depending on market conditions and company performance.

Recent Initiatives: Recent initiatives include expanding energy storage solutions, developing new solar technologies, and expanding into new geographic markets.

Summary

Canadian Solar demonstrates a robust position in the renewable energy sector, leveraging its global reach and integrated supply chain. While its financial performance is affected by industry volatility and regulatory shifts, the company's strategic initiatives in energy storage and technological innovation offer promising growth avenues. Investors should monitor its debt load and competitive pressures. Canadian Solar is a strong player but must stay nimble.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company reports
  • Analyst reports
  • Industry publications
  • Market research reports

Disclaimers:

The data provided is for informational purposes only and should not be considered financial advice. Market share and financial data are estimates and may vary. Consult with a financial advisor before making investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Canadian Solar Inc

Exchange NASDAQ
Headquaters Kitchener, ON, Canada
IPO Launch date 2006-11-09
Chairman, President & CEO Dr. Xiaohua Qu Ph.D.
Sector Technology
Industry Solar
Full time employees 17113
Full time employees 17113

Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in Asia, the Americas, Europe, and internationally. It operates through two segments, CSI Solar and Recurrent Energy. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. It also offers standard solar modules and battery storage solutions, solar system kits, such as splar modules, inverters, racking systems, and other accessories; power electronic products; and engineering, procurement, and construction (EPC) services, as well as operates battery energy storage projects. The Recurrent Energy segment engages in the development, construction, maintenance, and sale of solar power and battery energy storage projects; operates solar power plants; and sells electricity and related services. This segment provides operation and maintenance (O&M) services, including monitoring, inspections, repair, and replacement of plant equipment, and site management and administrative support services for solar projects, as well as asset management services. It has a fleet of solar and battery energy storage plants in operation with an aggregate capacity of approximately 3929 MWh. It serves distributors, system integrators, project developers, and installers/EPC companies. Additionally, it caters to utility companies, public utilities, licensed suppliers, corporate offtakers, and commercial, industrial, or government end users primarily under its Canadian Solar brand name. Canadian Solar Inc. was incorporated in 2001 and is based in Kitchener, Canada.