Canadian Solar Inc. (CSIQ)Technology | Solar | Kitchener, Canada | NasdaqGS
13.14 USD
-0.84
(-6.009%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 13.10 -0.04 (-0.040%) ⇩ (Aug. 28, 2026, 7:35 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 1:52 a.m. EDT
The investment case for Canadian Solar is currently broken by a perfect storm of deteriorating fundamentals and aggressive short-term selling pressure. The company is trapped in a multi-year structural decline, having lost nearly 20% of its value over the last nine years while posting three consecutive years of negative annual returns. This is compounded by a severe operational crisis: revenue is contracting at nearly 10%, profitability has evaporated with negative earnings and free cash flow, and the balance sheet is fragile with debt significantly outweighing equity. Despite the stock trading at a fraction of book value, this deep discount reflects the market's verdict that the business quality has degraded, not that it is a bargain. There is no dividend to provide income, and the recent news of factory openings cannot offset the reality of shrinking top-line growth. On the short end, the options market confirms this pessimism, with traders stacking put contracts to bet on further drops. The statistical forecasting models are useless here due to extreme volatility, but the fundamental data leaves no room for optimism. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.157101 |
| AutoARIMA | 0.171914 |
| AutoETS | 0.175515 |
| AutoTheta | 0.188721 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 26% |
| H-stat | 3.20 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 2.37 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 172.312 |
| Revenue per Share | 73.637 |
| Market Cap | 892,163,328 |
| Forward P/E | -21.05 |
| Beta | 1.54 |
| Profit Margins | -3.73% |
| Website | https://www.canadiansolar.com |
As of Aug. 22, 2026, 1:52 a.m. EDT: Speculators are heavily positioning for downside protection, evidenced by massive open interest in out-of-the-money puts (e.g., 1.4k contracts at the $14 strike) compared to negligible call volume. While there is some speculative call activity at strikes like $17-$19, the overwhelming capital allocation is defensive, suggesting a fear of further decline rather than a bullish breakout.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.3993994 |
| Address1 | 4,273 King Street East |
| Address2 | Suite 102 |
| All Time High | 67.39 |
| All Time Low | 1.95 |
| Ask | 14.81 |
| Ask Size | 1 |
| Average Analyst Rating | 2.7 - Hold |
| Average Daily Volume10 Day | 1,786,870 |
| Average Daily Volume3 Month | 2,277,646 |
| Average Volume | 2,277,646 |
| Average Volume10Days | 1,786,870 |
| Beta | 1.541 |
| Bid | 11.15 |
| Bid Size | 1 |
| Book Value | 41.727 |
| City | Kitchener |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 13.14 |
| Current Ratio | 1.025 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 13.775 |
| Day Low | 12.91 |
| Debt To Equity | 172.312 |
| Display Name | Canadian Solar |
| Earnings Call Timestamp End | 1,787,832,000 |
| Earnings Call Timestamp Start | 1,787,832,000 |
| Earnings Timestamp | 1,787,833,800 |
| Earnings Timestamp End | 1,794,486,600 |
| Earnings Timestamp Start | 1,794,486,600 |
| Ebitda | 626,926,016 |
| Ebitda Margins | 0.12562999 |
| Enterprise To Ebitda | 13.116 |
| Enterprise To Revenue | 1.648 |
| Enterprise Value | 8,222,814,720 |
| Eps Current Year | -2.48 |
| Eps Forward | -0.62428 |
| Eps Trailing Twelve Months | -3.6 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 519 837 2550 |
| Fifty Day Average | 15.0442 |
| Fifty Day Average Change | -1.9041996 |
| Fifty Day Average Change Percent | -0.12657367 |
| Fifty Two Week Change Percent | 39.93994 |
| Fifty Two Week High | 34.59 |
| Fifty Two Week High Change | -21.45 |
| Fifty Two Week High Change Percent | -0.6201214 |
| Fifty Two Week Low | 9.41 |
| Fifty Two Week Low Change | 3.7300005 |
| Fifty Two Week Low Change Percent | 0.3963869 |
| Fifty Two Week Range | 9.41 - 34.59 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,163,082,600,000 |
| Float Shares | 43,620,387 |
| Forward Eps | -0.62428 |
| Forward P E | -21.048248 |
| Free Cashflow | -1,288,098,816 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 12,587 |
| Fullday Change | -0.839999 |
| Fullday Change Percent | -6.00858 |
| Fullday Price | 13.1 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.17638999 |
| Gross Profits | 880,241,984 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.2975 |
| Held Percent Institutions | 0.63992 |
| Implied Shares Outstanding | 67,896,749 |
| Industry | Solar |
| Industry Disp | Solar |
| Industry Key | solar |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in Asia, the United States, Europe, and internationally. It operates through two segments, Manufacturing and Recurrent Energy. The Manufacturing Segment focuses on manufacturing and selling solar, battery energy storage and other power technology products, and CSI Solar. It also offers standard solar modules, battery storage solutions, solar system kits, such as inverters, racking systems, and other accessories; power electronic products; and engineering, procurement, and construction services, as well as operates battery energy storage projects. The Recurrent Energy Segment develops, builds, sells, and operates solar power and battery energy storage projects; operates solar power plants; and sells electricity and other services. This segment also provides power operation and maintenance services, including monitor, inspects, repair, and replace of plant equipment, and site management and administrative support services for solar projects, as well as asset management services. The company offers power plant level, commercial, household products, inverter, photovoltaic modules; and sells electricity and smart energy. It serves distributors, system integrators, project developers, installers, and EPC companies, as well as caters to utility companies, public utilities, licensed suppliers, corporate offtakers, and commercial, industrial, or government end users primarily under its Canadian Solar brand name. The company sells its products under CSI, CS PowerTech, CSI Solar, Recurrent Energy, e-STORAGE, SolBank, KuBank, and EP Cube brand names. Canadian Solar Inc. was incorporated in 2001 and is based in Kitchener, Canada. |
| Long Name | Canadian Solar Inc. |
| Market | us_market |
| Market Cap | 892,163,328 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_29762552 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -186,304,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 949,875,518 |
| Number Of Analyst Opinions | 12 |
| Open | 13.65 |
| Operating Cashflow | -566,513,024 |
| Operating Margins | -0.05884 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.13 |
| Phone | 519 837 1881 |
| Post Market Change | -0.03999996 |
| Post Market Change Percent | -0.3044137 |
| Post Market Price | 13.1 |
| Post Market Time | 1,787,960,145 |
| Previous Close | 13.98 |
| Price Eps Current Year | -5.298387 |
| Price Hint | 2 |
| Price To Book | 0.314904 |
| Price To Sales Trailing12 Months | 0.17878298 |
| Profit Margins | -0.03733 |
| Quick Ratio | 0.426 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 2.66667 |
| Region | US |
| Regular Market Change | -0.839999 |
| Regular Market Change Percent | -6.00858 |
| Regular Market Day High | 13.775 |
| Regular Market Day Low | 12.91 |
| Regular Market Day Range | 12.91 - 13.775 |
| Regular Market Open | 13.65 |
| Regular Market Previous Close | 13.98 |
| Regular Market Price | 13.14 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 3,082,842 |
| Return On Assets | 0.00416 |
| Return On Equity | -0.05968 |
| Revenue Growth | -0.287 |
| Revenue Per Share | 73.637 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 67,896,749 |
| Shares Percent Shares Out | 0.233 |
| Shares Short | 15,819,821 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 16,430,419 |
| Short Name | Canadian Solar Inc. |
| Short Percent Of Float | 0.295 |
| Short Ratio | 8.1 |
| Source Interval | 15 |
| State | ON |
| Symbol | CSIQ |
| Target High Price | 30.0 |
| Target Low Price | 9.0 |
| Target Mean Price | 18.22083 |
| Target Median Price | 17.0 |
| Total Cash | 1,461,248,000 |
| Total Cash Per Share | 21.518 |
| Total Debt | 7,306,710,016 |
| Total Revenue | 4,990,202,880 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -3.6 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 18.41525 |
| Two Hundred Day Average Change | -5.2752504 |
| Two Hundred Day Average Change Percent | -0.28646097 |
| Type Disp | Equity |
| Volume | 3,082,842 |
| Website | https://www.canadiansolar.com |
| Zip | N2P 2E9 |