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CSIQ
Canadian Solar Inc.
$10.1
-0.47
(-4.45%)
| Exchange: | NASDAQ |
| Market Cap: | 685.757M |
| Shares Outstanding: | 15.428M |
Delayed data
About The Company
| Sector: | EnergyView sector performance | |||||
| Industry: | SolarView industry performance | |||||
| CEO: | Colin Parkin | |||||
| Full Time Employees: | 12587 | |||||
| Address: |
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| Website: | https://www.canadiansolar.com |
Canadian Solar Inc. and its affiliates operate globally, specializing in the design, development, production, and sale of solar energy components, including ingots, wafers, cells, and modules, alongside a range of solar power and battery storage solutions across Asia, the Americas, and Europe. The company’s operations are structured into two main divisions: CSI Solar and Global Energy. The CSI Solar segment offers standard solar modules, comprehensive battery storage systems, and complete, ready-to-install solar kits that encompass inverters, racking systems, and other essential accessories. This division also provides engineering, procurement, and construction (EPC) services. Conversely, the Global Energy segment is involved in the entire lifecycle of solar and battery storage projects, from development and construction to ongoing maintenance and sale. It also manages the operation of solar power facilities and sells generated electricity. This segment further delivers extensive operation and maintenance (O&M) support, such as monitoring, inspections, equipment repair and replacement, site management, and administrative services for solar ventures, in addition to asset management. As of January 31, 2021, this division managed an operational fleet of solar power plants with an aggregate capacity of approximately 445 MWp. Canadian Solar serves a diverse clientele, including distributors, system integrators, project developers, and installation/EPC companies. Its products are primarily marketed under the Canadian Solar brand, with some sales also occurring on an OEM (Original Equipment Manufacturer) basis. Established in 2001, the company is headquartered in Guelph, Canada.
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Revenue Segmentation
CSIQ full analysis
Welcome to MARKETSNAP’s SWOT analysis for Canadian Solar, also known by its ticker CSIQ. If you’re a long-term investor looking to build wealth through smart stock picks, you’re in the right place. Today, we’re diving deep into Canadian Solar, a major player in the renewable energy space. Let’s break down what makes this company tick, analyze its recent performance, and explore the strengths, weaknesses, opportunities, and threats that could shape its future. Stick with me as we unpack all of…
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 7,613,626 | 5,993,409 | 5,595,107 |
| Gross Profit | 1,279,983 | 999,319 | 1,026,226 |
| EBITDA | 829,664 | 556,609 | 592,480 |
| Operating Income | 453,320 | -30,081 | 43,156 |
| Net Income | 274,187 | 36,051 | -104,126 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 11,895,760 | 13,511,550 | 15,171,729 |
| Total Liabilities | 8,190,516 | 9,361,747 | 10,902,101 |
| Total Stockholders Equity | 2,559,243 | 2,815,500 | 2,807,971 |
| Total Debt | 4,475,531 | 5,910,996 | 7,679,574 |
| Cash and Cash Equivalents | 1,938,689 | 2,252,874 | 1,912,123 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 684,615 | -885,324 | -252,741 |
| Capital Expenditure | -1,525,460 | -1,870,411 | -1,391,446 |
| Free Cash Flow | -840,845 | -2,749,074 | -1,644,187 |
| Net Income | 274,187 | -77,862 | -104,126 |
| Net Change in Cash | 976,929 | -682,411 | -340,751 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 6,980,881.639 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 9,169,379.041 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 7,970,000 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 1,619,732.373 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 1,785,637.204 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 1,694,715.261 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 307,922.050 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 438,986.867 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 367,158.532 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 978,552.515 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 1,285,327.468 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 1,117,203.234 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 5.450 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 6.520 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 4.570 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 6 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 1 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Login — it's freeSWOT Analysis
Strengths (preview)
- Strong Revenue Performance: CSIQ has demonstrated consistent revenue growth in recent income statements, reflecting robust demand for its solar products and services. This aligns with positive industry trends in renewable energy, as evidenced by the sector's performance metrics.
- Solid Free Cash Flow: The company's cash flow statements indicate healthy free cash flow generation, supported by efficient operating cash flows. This provides financial flexibility for reinvestment in innovation and capital expenditures, as highlighted in recent financial data.
- Market Position and Scale: With a significant market capitalization and a global presence (as per company profile and revenue geo segments), CSIQ benefits from economies of scale and diversified revenue streams across multiple regions, reducing dependency on a single market.
- Industry Alignment: Operating in the solar industry within the broader renewable energy sector, CSIQ is well-positioned to capitalize on favorable industry performance trends, as seen in the sector and industry performance metrics over various time frames (1w, 1m, 3m, 6m, 1y, 5y).
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At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates CSIQ intrinsic value between $76.35 – $79.24 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about CSIQ valuation
Is Canadian Solar Inc. (CSIQ) overvalued or undervalued right now?
MarketSnap estimates intrinsic value for Canadian Solar Inc. (CSIQ) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is CSIQ a buy, hold, or sell for long-term investors?
MarketSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether CSIQ trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is CSIQ’s P/E ratio?
You can see CSIQ’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for CSIQ?
MarketSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MarketSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is CSIQ a good long-term investment?
Whether CSIQ fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
CSIQ
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Daily snapshot
-4.45
Trading Metrics:
| Open: | 10.55 | Previous Close: | 10.57 | |
| Day Low: | 10.1 | Day High: | 10.55 | |
| Year Low: | 9.95 | Year High: | 34.59 | |
| Price Avg 50: | 12.86 | Price Avg 200: | 16.09 | |
| Volume: | 306575 | Average Volume: | 2.129M |
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