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Canadian Solar Inc.
$855M
Market Cap
20.6
P/E
1.98
PEG
2.0%
ROCE
-4.4%
ROE
1.61
D/E
3.1%
OPM
-62.0%
% from 52W High
76
α RS
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🌏 Global Investor Returns
Currency-adjusted total returns for CSIQ including FX impact
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📈 Price History
Ratio Health
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About

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.

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⭐ Superinvestors Holding CSIQ
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Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 732.3K $10.1M 0.01% Mar 2026
Jim Simons Renaissance Technologies LLC 499.7K $6.9M 0.01% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q1 2026 Q1 2026 2026-05-14
Revenue reached $1.1B in Q1 2026 with a 25.1% gross margin, aided by tariff refunds, but net loss was $32M due to higher expenses and FX losses. U.S. manufacturing and storage segments outperformed, with robust margins and strong backlog, while guidance for Q2 and full-year volumes was reiterated.
Q4 2025 Q4 2025 2026-03-19
2025 saw resilient performance amid market headwinds, with a strategic pivot to margin and U.S. expansion. Revenue reached $5.6B, but net loss was $104M due to FX and interest costs. 2026 will be a transition year, focusing on U.S. manufacturing and profitability diversification.
Q3 2025 Q3 2025 2025-11-13
Q3 2025 saw strong solar and record energy storage shipments, with revenue at $1.5B and gross margin of 17.2%. U.S. manufacturing ramped up, residential storage turned profitable, and project asset sales will increase in 2026 to manage debt and cash flow.
Q2 2025 Q2 2025 2025-08-21
Second quarter saw strong module shipments and robust gross margin, but net income was impacted by non-recurring expenses and delayed project sales. Guidance for 2025 was narrowed, with ongoing policy and supply chain risks expected to pressure margins.
Q1 2025 Q1 2025 2025-05-15
Q1 2025 saw module shipments and revenue at the high end of guidance, but profitability was impacted by lower storage contributions and tariffs, resulting in a net loss. Guidance for 2025 was lowered for module and storage volumes, with a focus on profitable markets and a one-time margin boost expected in Q2.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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