Exchange: NASDAQ·Updated 07:38 PM EDT
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CSIQ Canadian Solar Inc

$11.29
$0.365
(3.31%)
Today
Closed $11.38
$0.09
(0.79%)
After Hours
EarningsNov 12
Mkt Cap$772.67M
Vol1.59M

About CSIQ

Canadian Solar, Inc. engages in the manufacture of solar photovoltaic modules, provision of solar energy and battery storage solutions, and development of utility-scale solar and battery storage products. It operates through the CSI Solar and Global Energy segments. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. The Global Energy segment includes solar and battery storage project development and sale, asset management services for operational projects, sale of electricity, and investment in retained assets. The company was founded by Shawn Qu in October 2001 and is headquartered in Kitchener, Canada.
40

Bearish Sentiment

How do you feel about CSIQ?

Mousty
$CSIQ Just notice the accumulation at every end of day. They sink the share price all day long and then in the last minutes huge volume comes in millions. Just manipulating! Get a massive contract CSIQ make it so big that the stock explodes 100% and bankrupts these shorting firms. Everything is in place for manufacturing and installation.
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7
thomaskristiansen
$CSIQ CSI Solar is breaking through this cluster of MA's. On top of that, the "2025 spike wedge" is getting so tight. I expect a breakout very soon. Gl!
6
powerenergyai
$CSIQ Must-read report by Terawatt PV Research on US Solar market. $CSIQ in second place. $FSLR ($20B mkt cap) is first place. $GLW (+$100B mkt cap) is tied in second with CSIQ. $TE , $TOYO , QCells, SEG, Illuminate, etc… all below $CSIQ , as they should. This is one of the first (high-quality) research reports that gives Canadian Solar the credit they deserve. Behind FirstSolar, they are the leading US manufacturer of solar modules. And the lead is widening. +$4.5B & 13GWs in CONTRACTED backlog. Customers are pre-paying for their orders and helping fund their mfg expansion. Neither customers, nor lawyers, nor consultants, nor tax equity financiers are seeing FEOC risks. Anyone who thinks $TE has some kind of lead, has clearly not studied this market enough… The slow bleeding has been extremely hard, but it will turn. The value embedded in this stock is MULTIPLES of their market cap.
8
Mousty
$CSIQ Im not falling for this negative price movement. I dont beleive in it. Its all fake price manipulation by the 17M short selllers. They will get caught soon emough and price will squeeze. Another tute +1M shares in their reporting for the quarter.
1
5
Mousty
$CSIQ Got that short squeeze feeling again..... Called it at 7$ and sold over 20$ Now back in with 2x the shares... Maybe a little soon but its all free money from the idiots shorting. Chart is setting up for an explosive EOY Combine this with massive energy demand. Everything is pointing to a 3x move again
7
kurtb1969
$CSIQ assets- debt=book value, book value for this stock is $40.50 per share and cash per share is $28. Let's burn these shorts.
7
ottonad
$CSIQ but I was told that the stock price wouldn’t improve until fundamentals and earnings improve and the future meant shit. I’m so confused? I was told to wait until $6-7 range to add. Wait, maybe i was misreading and its actually stock price wouldn’t improve until the stock price improves, and then its going to $67. I think I got it now. The great thing about being extremely bearish when the stock price is dropping and extremely bullish when the stock price is going is that you are always right! I didn’t know it was that easy! Damn!
6
NoSoupforu
$CSIQ The arrangement is backed by a 20-year long-term service agreement (LTSA), placing hardware, proprietary software, and long-term performance under a single accountable partner. 20 Year loyalty service contract....impressive.... Makes you wonder why first subsidy solar has such a Bias Valuation ...when csiq is going to eat them alive.... Someone better wake up first subsidy solar ...to make an acquisition attempt for csiq....otherwise...theyre gonna go to zero....
5
leo222
$CSIQ Could be me reaching, but seeing that Brazilian stocks are all up today because of Bolsonaro now the heavy favorite to win (which would mean tax cuts, pro business reforms, better capital markets, etc.), would this not benefit Recurrent Energy, who does a lot of business in Brazil?
5
powerenergyai
$CSIQ PA is bullshit. Most undervalued stock in the whole market. A matter of "when", not "if" until this re-rates.
5
VeryLongHoldInvestor
$CSIQ all i can say is this, if the company delivers strong results or a surprise bullish announcement and you are shorting this, you better have a bottle of pepto and diapers ready with you on the can. Shorts who just openened short positions in the 10s are likely heading out tonight to get pepto.
5
tmacaroni
$CSIQ The first time in a long time there is a research snippet that makes any sense. Thanks for posting. Margins should continue to trend higher. And remember, book value is a few times our current quote. Note to the negative nancy pounding us on the debt picture. You're utterly dumb. Csiq has very valuable assets offsetting the debt. There is no bankruptcy risk. They can service their debt just fine. Plenty of assets.
5
VeryLongHoldInvestor
$CSIQ there are two possible major catalysts that could soar solar in november...the elections and earnings.
3
NoSoupforu
$CSIQ ) You noted the margins associated with First Solar which noted the 45X credits as being contributory to their margins, and they are, at $0.07 per watt. You failed to recognise the future impact of that for Canadian Solar during next year, currently at 5GW or $350 million additional revenue or $5 in EPS terms, rising to 10GW or $700 million or $10 in EPS terms without any associated cost, or an increase in share price of around $40 to $80 at a fair PE of 8. 3) You also failed to note the 45X credits for storage at $35 per kWh, with the building of the Kentucky plant phase 1 at 3GWh rising in phase 2 to 6Wh, a further $105 million to $205 million in credits alone, or between $1.50 and $3 in terms of EPS or an increase of around $12 to $24 in terms of share price at a fair PE of 8.
4
topstockalerts
Canadian Solar shares rebounded sharply after briefly hitting a 52-week low of $10.34 at the open, which appeared to trigger renewed buying. Phase IV Research said the stock could potentially double as operating metrics improve, despite short interest exceeding 30%, and set a $1.81 price target. The firm expects gross margins to improve as Canadian Solar ramps production at its Indiana heterojunction solar-module plant. Higher average selling prices could provide additional upside, while data-center power demand, potential U.S. legislative changes and Inflation Reduction Act-backed projects may support solar demand. Phase IV Research also said Canadian Solar’s domestic manufacturing positions it to benefit from a more protected U.S. market as the global solar-panel oversupply eases. The firm added that short sellers are using high-frequency trading strategies to cover positions. $CSIQ
4
kurtb1969
$CSIQ not that many shares available for shorting and the fee rate to borrow slowly increasing.
4
thomaskristiansen
$CSIQ Total float 68M. -insider(14m) -institutions(41,2m) - short interest(17,7m) = -4,9M shares. How?
4
Usernamaste
$CSIQ looking at today’s SEC filings I just remembered that Lauren C Templeton is on the board… keep the faith!
3
NoSoupforu
$CSIQ "This is so undervalued, it's ridiculous. CS PowerTech could make 1 billion in yearly profit by H2-27. CSI Solar at inflection; storage is now the primary business; net income looks bad because of heavy solar depreciation; and cash flow looks bad because of unwinding of solar business (they decreased operating payables by an astounding RMB2.55 billion in H1). Once these things normalize, we will have a healthy CSI that's very cash-flow positive + cash cow in CS PowerTech taking advantage of still rising US ASP's and almost a billion in annual 45X credits, and hopefully a partial sale or divestiture of Recurrent. At +30% short interest... this could explode. I'd strongly suggest holding or buying more. Do not sell until full CS PowerTech thesis materialises."
3
Iwannagofast1
$CSIQ amazing this is over 10 still, literally amazing but I know my short is good until five bucks
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