Skip to main content
    C

    Canadian Solar Inc (CSIQ)

    Official site

    TECHNOLOGY • SOLAR • NASDAQ

    $10.57
    +0.24 (+2.32%)

    Market Cap: $701.37M

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    64%(25/39)
    Avg Surprise
    +31.27%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$-1.31
    Range$-2.09 - $-0.87
    3 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$-0.48-172.5%
    60d ago$-0.48-172.5%
    30d ago$-1.27-3.4%
    7d ago$-1.27-3.4%
    Current$-1.31
    Revenue Consensus
    $1.4B
    Range$1.2B - $1.4B
    9 analysts
    Period ending Dec 31, 2026
    EPS Consensus$-0.93
    Range$-4.10 - $0.80
    3 analysts
    Revenue Consensus
    $1.9B
    Range$1.3B - $2.4B
    9 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$-0.93---
    Sep 26EST
    		-$-1.31---
    Jun 26
    Reported Aug 27
    		$-1.40$-1.01-38.61%Miss-311.8%
    Mar 26
    Reported May 14
    		$-1.84$-0.78-135.90%Miss-72.0%
    Dec 25
    Reported Mar 19
    		$-1.28$-0.47-173.80%Miss+13.3%
    Sep 25
    Reported Nov 13
    		$-0.58$-0.76+23.68%Beat-87.1%
    Jun 25
    Reported Aug 21
    		$-0.34N/A-144.74%Miss-1800.0%
    Mar 25
    Reported May 15
    		$-1.07$-1.50+28.67%Beat-663.2%
    Dec 24
    Reported Mar 25
    		$-1.47$-0.24-509.71%Miss-7250.0%
    Sep 24
    Reported Dec 5
    		$-0.31$-0.12-158.33%Miss-196.9%
    Jun 24
    Reported Aug 22
    		$0.02N/A-75.00%Miss-99.2%
    Mar 24
    Reported May 9
    		$0.19$-0.08+337.50%Beat-84.0%
    Dec 23
    Reported Mar 14
    		$-0.02$0.02-200.00%Miss-101.8%
    Sep 23
    Reported Nov 14
    		$0.32N/A-54.29%Miss-71.4%
    Jun 23
    Reported Aug 22
    		$2.39$1.58+51.27%Beat+123.4%
    Mar 23
    Reported May 18
    		$1.19$0.73+63.01%Beat+750.0%
    Dec 22
    Reported Mar 21
    		$1.11$0.76+46.05%Beat+552.9%
    Sep 22
    Reported Nov 22
    		$1.12$0.38+194.74%Beat+166.7%
    Jun 22
    Reported Aug 18
    		$1.07$0.33+224.24%Beat+494.4%
    Mar 22
    Reported May 24
    		$0.14$-0.09+255.56%Beat-61.1%
    Dec 21
    Reported Mar 17
    		$0.17$0.33-48.48%Miss+54.5%
    Sep 21
    Reported Nov 18
    		$0.42$0.13+223.08%Beat+180.0%
    Jun 21
    Reported Aug 12
    		$0.18N/A+140.91%Beat+100.0%
    Mar 21
    Reported May 20
    		$0.36$0.39-7.69%Miss-80.4%
    Dec 20
    Reported Mar 18
    		$0.11N/A+120.00%Beat-90.2%
    Sep 20
    Reported Nov 19
    		$0.15$-0.24+162.50%Beat-77.3%
    Jun 20
    Reported Aug 7
    		$0.09$-0.12+175.00%Beat-88.3%
    Mar 20
    Reported May 28
    		$1.84$1.09+68.81%Beat+734.5%
    Dec 19
    Reported Mar 26
    		$1.12$0.45+148.89%Beat-38.1%
    Sep 19
    Reported Nov 12
    		$0.66$0.68-2.94%Miss-39.4%
    Jun 19
    Reported Aug 15
    		$0.77$0.35+120.00%Beat+196.2%
    Mar 19
    Reported May 30
    		$-0.29$-0.57+49.12%Beat-140.3%
    Dec 18
    Reported Mar 21
    		$1.81$1.01+79.21%Beat+72.4%
    Sep 18
    Reported Nov 15
    		$1.09$0.45+142.22%Beat+395.5%
    Jun 18
    Reported Aug 14
    		$0.26$0.24+8.33%Beat+273.3%
    Mar 18
    Reported May 16
    		$0.72$0.42+71.43%Beat+820.0%
    Dec 17
    Reported Mar 19
    		$1.05$0.96+9.38%Beat+337.5%
    Sep 17
    Reported Nov 9
    		$0.22$0.44-50.00%Miss-
    Jun 17
    Reported Aug 14
    		$-0.15$-0.24+37.50%Beat-
    Mar 17
    Reported Jun 6
    		$-0.10N/A+62.96%Beat-
    Dec 16
    Reported Mar 21
    		$0.24$0.32-25.00%Miss-

    Key Metrics

    Valuation
    P/E Ratio-2.07EV/EBITDA81.27x
    Price/FCF-0.45xFCF Yield-220.04%
    Profitability
    Profit Margin-3.73%Operating Margin-5.88%
    ROE-5.97%ROIC-0.59%
    Financial Health
    Debt/Equity2.76xInterest Coverage0.21x
    Current Ratio1.02xQuick Ratio0.78x
    Trading Statistics
    Beta1.53Avg Volume1.80M
    52-Week High$34.5952-Week Low$10.30

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$11.07
    SMA 20$11.18
    SMA 50$12.86
    SMA 200$16.09
    EMA 10$10.99
    EMA 20$11.35
    EMA 50$12.50
    EMA 200$14.87

    MACD

    Line: -0.54Signal: -0.58Hist: 0.04

    ADX

    ADX: 29.4+DI: 12.7-DI: 31.4

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down100.0
    PSAR$11.28

    Bollinger Bands

    Upper Band$11.99
    Lower Band$10.36
    %B Position1451%(Upper)
    Band Width0.13

    RSI (14-Day)

    Neutral
    38.7

    Momentum Oscillators

    Stoch %K32.8
    Stoch %D43.7
    Williams %R-65.6
    ROC (10d)-6.2%
    Momentum-0.70
    CCI (20d)-180.6
    MFI (14d)41.9

    Volatility Measures

    ATR (14d)$0.66(6.3%)
    StdDev (20d)0.41
    Hist Vol61.7%(High)

    Volume Flow

    VWAP$10.38
    OBV72.9M
    AD Line-39.6M
    CMF (20d)0.147

    Volume Metrics

    Avg Vol (20d)1.7M
    Vol Ratio1.0x
    VWMA (20d)$11.17

    Pivot Points

    R3$11.29
    R2$11.08
    R1$10.71
    Pivot Point$10.50
    S1$10.13
    S2$9.92
    S3$9.55

    Advanced Oscillators

    TSI-21.17
    Ultimate Osc54.7
    KST-140.92

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$1.21B$1.08B$1.22B$1.49B$1.69B$1.20B$1.52B$1.51B$1.64B$1.33B$1.70B$1.85B
    Cost of Revenue$1.04B$807.06M$1.09B$1.23B$1.19B$1.06B$1.30B$1.26B$1.35B$1.08B$1.49B$1.54B
    Gross Profit$168.47M$270.82M$124.40M$256.30M$505.03M$140.49M$217.04M$247.44M$282.09M$252.75M$213.40M$308.00M
    Operating Expenses$239.53M$197.95M$188.46M$221.71M$377.60M$195.30M$381.76M$247.14M$234.44M$217.38M$233.59M$224.99M
    R&D$20.80M$20.72M$21.68M$20.00M$24.72M$24.28M$30.48M$30.46M$25.58M$34.28M$31.50M$28.90M
    SG&A$152.30M$135.47M$106.95M$116.54M$252.67M$105.65M$351.28M$99.99M$100.91M$94.69M$108.24M$114.03M
    Operating Income$-71,059,000$72.87M$-64,061,000$34.59M$127.43M$-54,805,000$-164,722,000$294,000$47.65M$35.37M$-20,182,000$83.02M
    Interest Income$21.04M$16.66M$8.96M$15.08M$9.92M$12.10M$26.30M$13.74M$14.12M$34.30M$15.63M$18.58M
    Interest Expense$63.62M$52.37M$48.46M$44.41M$44.81M$40.49M$35.40M$34.18M$33.02M$34.87M$33.25M$29.95M
    Income Before Tax$-69,435,000$3.43M$-134,979,000$-13,940,000$79.08M$-99,776,000$-147,231,000$-25,899,000$40.48M$45.90M$-15,054,000$51.89M
    Income Tax Expense$16.34M$16.94M$-4,178,000$7.14M$34.31M$-23,122,000$-11,707,000$-19,829,000$5.28M$9.68M$-4,650,000$-10,583,000
    Net Income$-76,859,000$-32,093,000$-86,338,000$8.99M$7.20M$-33,971,000$33.90M$-14,026,000$3.82M$12.35M$-1,386,000$21.89M
    EBITDA$56.71M$61.05M$-70,068,000$36.80M$271.72M$-55,244,000$-111,836,000$13.74M$195.50M$189.76M$428.73M$162.46M
    EBIT$-71,059,000$61.05M$-70,068,000$18.46M$125.94M$-111,836,000N/A$294,000$73.50M$79.76M$18.19M$86.46M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about CSIQ

    News

    UBS cuts target from USD 25.00 to USD 16.00 for Canadian Solar stock

    UBS has lowered its price target for Canadian Solar (CSIQ) stock from USD 25.00 to USD 16.00, citing weaker margin expectations...

    ad-hoc-news.de•10/15/26•Somewhat-Bearish

    Recurrent Energy Launches 200 MWp Villameca Solar Project in Castilla y León, Spain - News and Statistics

    Recurrent Energy has launched commercial operations of its 200 MWp Villameca solar photovoltaic plant in Castilla y León, Spain, which will produce 359,172 MWh of clean electricity annually...

    IndexBox•10/15/26•Bullish

    Canadian Solar Inc. (CSIQ) Starts 200 MWp Villameca Solar Plant in Spain

    Canadian Solar Inc. (CSIQ) announced that its unit, Recurrent Energy, has commenced commercial operations at the 200 MWp Villameca solar project in Spain. This project is expected to produce approximately 359,172 MWh...

    TradingView•10/15/26•Bullish

    UBS Maintains Canadian Solar(CSIQ.US) With Buy Rating, Cuts Target Price to $16

    UBS has reiterated its Buy rating for Canadian Solar (CSIQ.US) but has lowered its price target for the stock to $16. This adjustment comes despite maintaining a positive outlook on the company.

    Moomoo•10/15/26•Somewhat-Bearish

    A solar plant in Spain is operating. Its expected output could power more than 100,000 homes.

    Recurrent Energy, a subsidiary of Canadian Solar Inc. (NASDAQ: CSIQ), has commenced commercial operations at its 200 MWp Villameca solar project in Castilla y León...

    Stock Titan•10/15/26•Bullish

    CSIQ Valuation and Fair Value

    P/E
    -2.1x
    Forward P/E
    21.5x
    EV/EBITDA
    81.3x
    P/FCF
    -0.5x
    PEG
    0.2x
    P/B
    0.3x
    See GNG's fair value

    CSIQ Profitability: Margins, ROIC and FCF

    Gross margin
    16.4%
    Operating margin
    -5.9%
    Net margin
    -3.7%
    ROIC
    -0.6%
    ROE
    -6.0%
    FCF margin
    -31.7%
    FCF yield
    -220.0%

    CSIQ Competitors

    CompanyTicker
    MNTN, Inc.MNTN
    Vtex - Class AVTEX
    Alpha and Omega Semiconductor LtdAOSL
    Rezolve AI Limited Ordinary SharesRZLV
    Sabre CorporationSABR
    Docebo IncDCBO
    Taskus IncTASK
    Sprout Social IncSPT

    Sector: Technology

    CSIQ Analyst Ratings

    Consensus
    Hold
    Analysts
    12
    Strong Buy
    1
    Buy
    3
    Hold
    6
    Sell
    1
    Strong Sell
    1

    CSIQ Bull Case vs Bear Case

    Bear case

    • CSIQ has a -3.7% net profit margin.
    • CSIQ beat EPS estimates in 25.0% of its last 8 reported quarters.
    • CSIQ's quarterly revenue changed -28.7% year over year.

    CSIQ Earnings: Beat Rate and Next Report

    Beat rate
    2 of 8 quarters (25.0%)
    Average surprise
    -138.6%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $-1.31
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    Frequently Asked Questions About CSIQ

    Does CSIQ pay dividends?

    Canadian Solar Inc (CSIQ) does not currently pay a regular dividend.

    What is CSIQ's market cap?

    Canadian Solar Inc (CSIQ) has a market capitalization of $701.37M with a current stock price of $10.57.

    Related stocks

    Sector: Technology

    All stocks starting with C

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In