Canadian Solar share price today

(CSIQ)

Canadian Solar share price is $11.5 & ₹977.22 as on 21 Dec 2024, 2.30 'hrs' IST

$11.5

▲

0.74

(6.88%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Canadian Solar share price in Dollar and Rupees. Guide to invest in Canadian Solar from India. Also see the sentimental analysis on Indian investors investing in Canadian Solar. Get details on the Indian mutual funds that are investing in Canadian Solar. Get Analyst recommendations and forecasts along with all the Canadian Solar's financials.

Canadian Solar share price movements

Today's Low: $10.61
Today's High: $11.65
$11.50
7.78%
Downside
Day's Volatility :8.97%
Upside
1.29%
52 Weeks Low: $10.60
52 Weeks High: $26.85
$11.50
7.87%
Downside
52 Weeks Volatility :60.54%
Upside
57.17%

Canadian Solar Returns

Period	Canadian Solar Inc.	Sector (Technology)	Index (Russel 2000)
3 Months	-20.3%	6.0%	0.0%
6 Months	-27.85%	3.3%	0.0%
1 Year	-54.69%	23.0%	0.0%
3 Years	-63.25%	39.0%	-19.7%

Canadian Solar Key Statistics

in dollars & INR

Previous Close	$10.76
Open	$10.67
Today's High	$11.65
Today's Low	$10.605
Market Capitalization	$712.0M
Today's Volume	$2.3M
52 Week High	$26.85
52 Week Low	$10.5955
Revenue TTM	$6.5B
EBITDA	$595.4M
Earnings Per Share (EPS)	$-0.14
Profit Margin	0.56%
Quarterly Earnings Growth YOY	-0.99%
Return On Equity TTM	3.37%

How to invest in Canadian Solar from India?

It is very easy for Indian residents to invest directly in Canadian Solar from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Canadian Solar stock in both Indian Rupees (INR) and US Dollars (USD). Search for Canadian Solar or CSIQ on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Canadian Solar or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Canadian Solar shares which would translate to 0.074 fractional shares of Canadian Solar as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like Canadian Solar, in just a few clicks!

Returns in Canadian Solar for Indian investors in Rupees

Investment Value

₹1,00,000

Canadian Solar investment value today

Current value as on today

₹1,56,885

Returns

₹56,885

(+56.88%)

Returns from Canadian Solar Stock

₹54,689 (false-54.69%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Canadian Solar

-30%

Period: Sep 21, 2024 to Dec 20, 2024. Change in 30 Days versus previous period

Search volume for Canadian Solar on INDmoney from India has reduced in the last 30 days as on Dec 21, 2024. -30% less investors are searching Canadian Solar in the last 30 days versus the previous period.

Global Institutional Holdings in Canadian Solar

BlackRock Inc
7.81%
Mackenzie Investments
7.81%
Amvescap Plc.
3.10%
Vanguard Group Inc
3.03%
Legal & General Group PLC
2.40%
Citadel Advisors Llc
1.98%

Analyst Recommendation on Canadian Solar

Buy

56%Buy

31%Hold

12%Sell

Based on 16 Wall street analysts offering stock ratings for Canadian Solar(by analysts ranked 0 to 5 stars)

Based on 16 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Canadian Solar

What analysts predicted

Upside of 39.28%

Current:

$11.50

Target:

$16.02

Insights on Canadian Solar

Price Movement
In the last 7 days, CSIQ stock has moved down by -9.4%
Decreasing Revenue
Revenue is down for the last 2 quarters, 1.63B → 1.50B (in $), with an average decrease of 7.8% per quarter
Decreasing Net Profit
Netprofit is down for the last 4 quarters, 12.35M → -14.02M (in $), with an average decrease of 178.7% per quarter
CSIQ vs FSLR (1 yr)
In the last 1 year, First Solar, Inc. has given 7.3% return, outperforming this stock by 61.6%
CSIQ vs FSLR (3 yr)
In the last 3 years, First Solar, Inc. has given 104.7% return, outperforming this stock by 168.6%
Price to Sales
ForCSIQ every $1 of sales, investors are willing to pay $0.1, whereas for First Solar, Inc., the investors are paying $5.1 for every $1 of sales.

Canadian Solar Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$3.7B	↑ 10.44%
Net Income	$237.1M	↑ 138.09%
Net Profit Margin	6.33%	↑ 3.39%

	FY19	Y/Y Change
Revenue	$3.2B	↓ 14.53%
Net Income	$171.6M	↓ 27.62%
Net Profit Margin	5.36%	↓ 0.97%

	FY20	Y/Y Change
Revenue	$3.5B	↑ 8.62%
Net Income	$146.7M	↓ 14.5%
Net Profit Margin	4.22%	↓ 1.14%

	FY21	Y/Y Change
Revenue	$5.3B	↑ 51.8%
Net Income	$95.2M	↓ 35.07%
Net Profit Margin	1.8%	↓ 2.42%

	FY22	Y/Y Change
Revenue	$7.5B	↑ 41.53%
Net Income	$240.0M	↑ 151.94%
Net Profit Margin	3.21%	↑ 1.41%

	FY23	Y/Y Change
Revenue	$7.6B	↑ 1.94%
Net Income	$274.2M	↑ 14.26%
Net Profit Margin	3.6%	↑ 0.39%

	Q2 FY23	Q/Q Change
Revenue	$2.4B	↑ 0.0%
Net Income	$170.0M	↑ 0.0%
Net Profit Margin	7.19%	↑ 0.0%

	Q3 FY23	Q/Q Change
Revenue	$1.7B	↓ 28.0%
Net Income	$-1.4M	↓ 100.82%
Net Profit Margin	-0.08%	↓ 7.27%

	Q4 FY23	Q/Q Change
Revenue	$1.3B	↓ 21.91%
Net Income	$12.4M	↓ 991.2%
Net Profit Margin	0.93%	↑ 1.01%

	Q1 FY24	Q/Q Change
Revenue	$1.6B	↑ 23.05%
Net Income	$3.8M	↓ 69.06%
Net Profit Margin	0.23%	↓ 0.7%

	Q2 FY24	Q/Q Change
Revenue	$1.6B	↑ 0.0%
Net Income	$3.8M	↑ 0.0%
Net Profit Margin	0.23%	↑ 0.0%

	Q3 FY24	Q/Q Change
Revenue	$1.5B	↓ 7.81%
Net Income	$-14.0M	↓ 466.98%
Net Profit Margin	-0.93%	↓ 1.16%

	FY18	Y/Y Change
Profit	$775.1M	↑ 21.56%

	FY19	Y/Y Change
Profit	$718.5M	↓ 7.3%

	FY20	Y/Y Change
Profit	$689.9M	↓ 3.98%

	FY21	Y/Y Change
Profit	$909.3M	↑ 31.8%

	FY22	Y/Y Change
Profit	$1.3B	↑ 38.91%

	FY23	Y/Y Change
Profit	$1.3B	↑ 1.33%

	Q2 FY23	Q/Q Change
Profit	$440.6M	↑ 0.0%

	Q3 FY23	Q/Q Change
Profit	$213.4M	↓ 51.56%

	Q4 FY23	Q/Q Change
Profit	$252.8M	↑ 18.44%

	Q1 FY24	Q/Q Change
Profit	$282.1M	↑ 11.61%

	Q2 FY24	Q/Q Change
Profit	$282.1M	↑ 0.0%

	Q3 FY24	Q/Q Change
Profit	$247.4M	↓ 12.29%

	FY18	Y/Y Change
Operating Cash Flow	$216.3M	↑ 6.06%
Investing Cash Flow	$29.1M	↓ 112.15%
Financing Cash Flow	$-463.6M	↓ 380.5%

	FY19	Y/Y Change
Operating Cash Flow	$600.1M	↑ 177.47%
Investing Cash Flow	$-294.1M	↓ 1111.67%
Financing Cash Flow	$-34.6M	↓ 92.53%

	FY20	Y/Y Change
Operating Cash Flow	$-120.5M	↓ 120.09%
Investing Cash Flow	$-319.7M	↑ 8.69%
Financing Cash Flow	$823.5M	↓ 2479.1%

	FY21	Y/Y Change
Operating Cash Flow	$-408.3M	↑ 238.68%
Investing Cash Flow	$-429.6M	↑ 34.38%
Financing Cash Flow	$614.1M	↓ 25.43%

	FY22	Y/Y Change
Operating Cash Flow	$916.6M	↓ 324.52%
Investing Cash Flow	$-630.5M	↑ 46.77%
Financing Cash Flow	$428.6M	↓ 30.2%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$289.6M	↑ 0.0%
Investing Cash Flow	$-337.3M	↑ 0.0%
Financing Cash Flow	$1.4B	↑ 0.0%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$191.1M	↓ 34.01%
Investing Cash Flow	$-484.7M	↑ 43.7%
Financing Cash Flow	$235.8M	↓ 82.55%

Canadian Solar Technicals Summary

Sell

Neutral

Buy

Canadian Solar is currently in a neutral trading position according to technical analysis indicators.

Canadian Solar Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Canadian Solar Inc.	1.77%	-27.85%	-54.69%	-63.25%	-47.27%
Nextracker Inc.	-6.02%	-32.18%	-28.63%	15.4%	15.4%
Sunrun Inc.	-3.42%	-27.32%	-48.75%	-71.65%	-31.46%
Enphase Energy, Inc.	12.4%	-33.85%	-46.68%	-62.26%	166.51%
Jinkosolar Holding Co., Ltd.	9.83%	9.02%	-32.0%	-44.78%	3.93%
First Solar, Inc.	0.24%	-30.19%	7.04%	107.45%	215.23%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Canadian Solar Inc.	24.91	NA	0.16	-0.02	0.03	0.01	NA	38.68
Nextracker Inc.	8.46	8.46	2.51	2.72	0.61	0.19	NA	8.82
Sunrun Inc.	26.0	NA	0.45	-0.27	-0.21	-0.02	NA	23.55
Enphase Energy, Inc.	143.04	143.04	1.28	2.18	0.06	0.01	NA	6.9
Jinkosolar Holding Co., Ltd.	32.03	32.03	0.26	1.62	0.03	0.0	0.12	392.72
First Solar, Inc.	15.15	15.15	0.26	13.25	0.18	0.08	NA	70.93

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Canadian Solar Inc.	Buy	$712.0M	-47.27%	24.91	0.56%
Nextracker Inc.	Buy	$5.0B	15.4%	8.46	17.26%
Sunrun Inc.	Buy	$2.0B	-31.46%	26.0	-18.8%
Enphase Energy, Inc.	Buy	$8.9B	166.51%	143.04	4.91%
Jinkosolar Holding Co., Ltd.	Sell	$1.2B	3.93%	32.03	0.54%
First Solar, Inc.	Buy	$18.8B	215.23%	15.15	32.41%

About Canadian Solar

canadian solar inc. (csi) designs, develops, manufactures and sells solar cell and module products that convert sunlight into electricity for a variety of uses. the company conducts all of its manufacturing operations in china. the company's products include a range of standard solar modules built to general specifications for use in a range of residential, commercial and industrial solar power generation systems. it also designs and produces specialty solar modules and products based on its customers' requirements. specialty solar modules and products consist of customized modules that its customers incorporate into their own products, such as solar-powered bus stop lighting, and complete specialty products, such as solar-powered car battery chargers. it sells its products under its canadian solar brand name and to original equipment manufacturing (oem) customers under their brand names.

Organization	Canadian Solar
Employees	22234
CEO	Dr. Xiaohua Qu Ph.D.
Industry	Producer Manufacturing

Management People of Canadian Solar

Name	Title
Dr. Xiaohua Qu Ph.D.	Chairman, President & CEO
Mr. Yan Zhuang	President of CSI Solar & Director
Dr. Huifeng Chang Ph.D.	Senior VP, Chief Strategy Officer & Director
Mr. Xinbo Zhu	Senior VP & CFO
Ms. Wina Huang	Head of Investor Relations
Mr. Jeffrey Kalikow	Interim Chief Compliance Officer
Mr. Ed Job CFA, M.Sc.	Managing Director of Investor Relations
Mr. Ismael Guerrero Arias	Chief Executive Officer of Recurrent Energy
Mr. Kah Locke Tham	Corporate Secretary & Corporate Controller
Ms. Mary Ma	Senior Supervisor of Investor Relations

Important FAQs about investing in Canadian Solar from India :

What is Canadian Solar share price today?

Canadian Solar share price today stands at $11.50, Open: $10.67 ; Previous Close: $10.76 ; High: $11.65 ; Low: $10.61 ; 52 Week High: $26.85 ; 52 Week Low: $10.60. The stock opens at $10.67, after a previous close of $10.76. The stock reached a daily high of $11.65 and a low of $10.61, with a 52-week high of $26.85 and a 52-week low of $10.60.

Can Indians buy Canadian Solar shares?

Yes, Indians can invest in the Canadian Solar (CSIQ) from India.

With INDmoney, you can buy Canadian Solar at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Canadian Solar at zero transaction cost.

How can I buy Canadian Solar shares from India?

It is very easy to buy Canadian Solar from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Canadian Solar be purchased?

Yes, you can buy fractional shares of Canadian Solar with INDmoney app.

What are the documents required to start investing in Canadian Solar stocks?

To start investing in Canadian Solar, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.