CANADIAN SOLAR INC (CSIQ)
Information Technology · solar energy systems · NASDAQ
A vertically integrated solar company that manufactures high-efficiency photovoltaic modules and develops utility-scale solar and battery storage energy projects.
What CANADIAN SOLAR INC does
Canadian Solar is a global energy provider that manufactures photovoltaic solar modules and provides total solar energy and battery energy storage solutions. The company operates two main businesses: CSI Solar, which focuses on manufacturing solar modules and system kits, and Recurrent Energy, which develops, builds, and manages utility-scale solar power and battery storage projects.
Themes: renewable energy, solar power manufacturing, utility-scale energy storage, clean energy infrastructure
Fundamentals
- Price$11.02 as of 2026-10-08 close
- Market cap$1.0B date unknown (no dated share count)
- 1-year return-22.9% 2025-10-08 close $14.29 → 2026-10-08 close $11.02
- P/En/a negative earnings
- ROE-2.6% FY2025, SEC XBRL
- Debt / equity2.63 as of 2026-09-03
- Revenue growth (YoY)+25.8% as of 2026-09-03
- Revenue CAGR (3y)+4.6% SEC XBRL
- Beta1.87 as of 2026-09-03
- Last reported earningsn/a no confirmed date — as a foreign private issuer it reports on Form 6-K, which carries no earnings item code
How CSIQ compares in its sector
- return on equitymiddle range 370 covered Information Technology peers, as of 2026-09-03
- 3-year revenue CAGRmiddle range 385 covered Information Technology peers
- free cash flow (absolute dollars, latest fiscal year)bottom 10% 382 covered Information Technology peers, as of FY2025
Position among covered Information Technology companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How CANADIAN SOLAR INC looks technically
CANADIAN SOLAR INC (CSIQ) is trading 33.5% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 123 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 28, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 39, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 7 trading days ago (its momentum flipped positive). It made a new 20-day low about 9 trading days ago. It is 68.2% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 33.5% below its 200-day average, the long-term trend line — a long-term downtrend | -33.5% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $13.32 | $13.32 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $16.55 | $16.55 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 10 calendar days ago — the swings before that are what the structure reading is measured on | 10 sessions |
| Wave structure | its recent swings can be read as a completed three-part downward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes below 10.34. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a five-part sequence in leg 4. | possible three-wave downward correction, complete (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 123 trading days ago — a "death cross", a bearish long-term signal | 123 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 28, with sellers in control | 27.8 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 39, neither overbought (above 70) nor oversold (below 30) | 39.2 |
|---|---|---|
| Position in its 14-day range | it is trading around the middle of its 14-day range ($10.34 to $11.83) — its "stochastic" reading is 45 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 45.3 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 7 trading days ago (its momentum flipped positive) | 7 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $34.59 | $34.59 |
|---|---|---|
| From the 52-week high | it is 68.2% below its 52-week high (its highest price of the past year) | -68.2% |
| Above the 52-week low | it is 6.5% above its 52-week low (its lowest price of the past year) | +6.5% |
| Below the 52-week high | it is 68.2% below its highest point of the past year | 68.2% |
| Since a 20-day breakout | it made a new 20-day low about 9 trading days ago | 9 sessions |
| Since a 55-day breakout | it made a new 55-day low about 9 trading days ago | 9 sessions |
| All-time high | its highest closing price on record is $67.39 (set on 2021-01-25) | $67.39 |
| Given back of the 52-week move | over the past year its closes ranged ($10.42 to $33.58), and it has recovered only a small part of its fall from last year’s high — 3% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $24.73 to $25.47. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 2.6% |
| From the all-time high | it is 83.7% below its all-time high | -83.7% |
| Nearest price level | it is trading 0.9% above a support level at $10.91 — a price it turned at three times since 2024-11-19, most recently on 2025-08-01. Since 2024-10-08 it has 2 such levels below the current price and 12 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.9% |
| All-time low | its lowest closing price on record is $1.95 (set on 2012-11-15) | $1.95 |
| Above the all-time low | it is 464.9% above its all-time low | +464.9% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 74% of it) | 26th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.6758 between its high and its low — about 6.1% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.6758 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $10.32 and $12.69 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $10.32 – $11.50 – $12.69 |
| Typical daily range (% of price) | its price moves about 6.1% in a typical session — more volatile than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 6.1% |
| Stretch from the 200-day average | it is trading 8.2 daily ranges below its 200-day average price (33.5% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 8.2 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.95× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 0.5% since the prior reading | -0.5% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | 3 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 3 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-10-08 0.2% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.2% |
|---|---|---|
| Open gap | it gapped 3.3% below the previous close 1 session ago and has not traded back through the level it left behind at 11.54 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -3.3% |
| Gap filled | a 3.1% gap up opened on 2026-10-02 has been "filled" 4 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 4 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -4.55% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 21.6 percentage points (the stock lost 20.6% while the market gained 1.0%) | -21.6% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 29.1 percentage points (the stock lost 25.3% while the market gained 3.8%) | -29.1% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 31.4 percentage points (the stock lost 13.9% while the market gained 17.5%) | -31.4% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 37.9 percentage points (the stock lost 22.9% while the market gained 15.0%) | -37.9% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 22% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 2.3% of the share price. | -22.3% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 34% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $16.68 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | -34.0% |
|---|
Price levels it has turned at before
CSIQ last closed at $11.02 on 2026-10-08. Since 2024-10-08 it has turned at 2 prices below its last close and 12 above; the 2 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $10.91 | Support | 0.9% below the last close | turned there three times · 2024-11-19 to 2025-08-01 |
| $11.33 | Resistance | 2.8% above the last close | turned there twice · 2024-12-05 to 2025-04-25 |
| $11.73 | Resistance | 6.5% above the last close | turned there three times · 2025-05-16 to 2026-04-07 |
| $12.06 | Resistance | 9.5% above the last close | turned there four times · 2024-10-23 to 2026-09-01 |
| $9.52 | Support | 13.6% below the last close | turned there four times · 2025-02-03 to 2025-09-02 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part downward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $10.34.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
Alternate reading: The same swings also read as a five-part sequence in leg 4, which fails on a close above $12.13.
This reading has stood for 8 trading days, since 2026-09-29.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · lagging the market · Most volatile (6%+ typical daily range) · Stretched far below its 200-day average (6+ daily ranges) · Trading below the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (2.67 mean, 1=Strong Buy…5=Strong Sell) — 12 analysts
- Mean price target$17.76 range $9.00 – $30.00; median $16.08
Analyst estimates, as of 2026-10-08. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for CSIQ
- Consensus EPS estimate-$1.32 next reporting period, as of 2026-10-08
- Estimate change, 30 days-$0.04334 from -$1.27, on 2026-09-03, 35-day window
- Readings revised upward0% of 5 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Intense competition and price pressure in the solar module market.","Exposure to project development risks, including financing, permitting, and construction.","Fluctuations in global supply chain and logistics costs."]
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 180 days · read to 2026-10-040 buys · 2 sells ($62989) — 2 selling insiders
Most recent open-market transaction: 2026-05-26. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about CSIQ's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding CSIQ as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 10,023,310
- Reported value $160,573,426
reported quarterly holdings change (2026-03-31 → 2026-06-30): 1 new, 4 increased, 0 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about CSIQ's institutional holders → See what each manager we track holds →
Short interest (FINRA)
CSIQ had 18,334,783 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for CSIQ because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 18,334,783
- Prior settlement (shares) 17,700,892
- Reported change 3.58%
- Days to cover (reported) 10.39
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- First Solar (FSLR)
- JinkoSolar (JKS)
- JA Solar Technology
- Trina Solar
- Maxeon Solar Technologies (MAXN)
- SunPower (SPWR)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does CANADIAN SOLAR INC (CSIQ) do?
Canadian Solar is a global energy provider that manufactures photovoltaic solar modules and provides total solar energy and battery energy storage solutions. The company operates two main businesses: CSI Solar, which focuses on manufacturing solar modules and system kits, and Recurrent Energy, which develops, builds, and manages utility-scale solar power and battery storage projects.
What sector is CANADIAN SOLAR INC (CSIQ) in?
CANADIAN SOLAR INC (CSIQ) is classified in the Information Technology sector. Its industry is solar energy systems. It trades on NASDAQ.
Who are CANADIAN SOLAR INC's (CSIQ) competitors?
Notable peers of CANADIAN SOLAR INC (CSIQ) include First Solar, JinkoSolar, JA Solar Technology, Trina Solar and Maxeon Solar Technologies. This peer set is informational only — not financial advice.
Is CANADIAN SOLAR INC (CSIQ) overbought or oversold right now?
CANADIAN SOLAR INC (CSIQ) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 39, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on CSIQ come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.