Dernières nouvelles pour Canadian Solar (NASDAQ:CSIQ) Stock

Canadian Solar

Canadian Solar Inc is a Canadian solar power company. It is an integrated provider of solar power products, services, and system solutions. The company engages in designing, developing, and manufacturing solar ingots, wafers, cells, modules, and other solar power products. It operates through two business segments CSI Solar and Recurrent Energy segment. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. Its Recurrent segment primarily comprises solar and battery storage project development and sale, O&M and asset management services for operational projects, sale of electricity, and investment in retained assets.

Canadian Solar Inc

WIIM

ARRY

ASTI

CSIQ

ENPH

Maxeon Solar Technologies, Ltd. - Ordinary Shares

MAXN

NOVA

SEDG

SMXT

Shares of solar stocks are trading lower amid possible sympathy with First Solar after Jefferies cut its price target on the stock from $271 to $266.

The <a href="https://www.benzinga.com/topic/2024-election">hotly contested 2024 election</a> between Vice President Kamala Harris and former President Donald Trump has Americans bracing for a down-to-the-wire finish. While Harris has <a href="https://www.benzinga.com/news/24/09/40969781/nate-silvers-forecast-kamala-harris-retakes-lead-over-donald-trump">a slight lead</a> in polling forecasts, the race remains an essential toss-up. 
As market participants consider investment ideas tied to the election, telling signs might be found in the aftermath of <a href="https://www.benzinga.com/topic/2016-presidential-election">the 2016 election</a>.
Election Debrief: Trump won the 2016 election in a surprising upset over Democrat Hillary Clinton. He ran on a platform of building a wall on the U.S.-Mexico border, repealing Obamacare, enacting deregulation and prioritizing fossil fuels.
Trump <a href="https://www.benzinga.com/news/20/11/18261020/joe-biden-wins-2020-presidential-election-as-donald-trump-pushes-lawsuits-recounts">lost the 2020 election</a> to Democrat Joe Biden.
2016 Winners: Large bank stocks benefitted the most from Trump&#8217;s 2016 triumph.
Shares of JPMorgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) soared over 13% in the week following Trump&#8217;s surprising win, according to data from Yahoo Finance. Goldman Sachs Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) traded up over 17% that week. Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) saw an 18% bump in share price. Wells Fargo &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) also had a fantastic week as shares jumped over 16%.
Blackstone Inc&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) Stephen Schwarzman is among <a href="https://www.benzinga.com/markets/equities/24/05/39021029/donald-trump-to-get-endorsement-from-blackstone-ceo-steve-schwarzman-report">Trump&#8217;s biggest supporters</a> on Wall Street. Shares of the private equity giant traded up nearly 9% in the week following the 2016 election.
The market&#8217;s preference for financial stocks after Trump's win comes as no surprise, given his strong support for deregulating the financial sector.
Also Read: <a href="https://www.benzinga.com/markets/equities/24/10/41209505/hurricane-milton-is-floridas-secon">Hurricane Milton Is Florida&#8217;s Second Storm In Two Weeks: How Disney, Theme Parks, Insurance Companies Could Be Impacted</a>
Trump&#8217;s 2016 victory was also favorable to the oil and coal industries due to his support for deregulating the energy sector and prioritizing American energy production. Shares of coal mining company Arch Resources Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARCH#NYSE">ARCH</a>) rocketed up over 21% in the week following the election. Exxon Mobil Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) and Chevron Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) saw modest gains.
2016 Losers: Indexes in foreign countries fell overnight on election day 2016, <a href="https://money.cnn.com/2016/11/08/investing/global-markets-stocks-trump-clinton-us-presidential-election/index.html">according</a> to CNN. The Mexican peso plunged 9%, while European indexes fell a few percentage points. The Russia-tracking iShares MSCI Russia ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ERUS#NYSE">ERUS</a>) ticked higher overnight.
Tech stocks closed the week in the red, perhaps due to regulatory concerns. Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) all ticked down 2 to 3 percentage points.
Clean energy stocks faced challenges after the 2016 election. Electric vehicle manufacturer Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) ended the week down over 5%, following Trump&#8217;s victory. At the time, CEO Elon Musk had not <a href="https://www.benzinga.com/news/24/08/40145805/elon-musk-says-his-endorsement-of-trump-doesnt-mean-he-agrees-with-everything-ex-president-is-saying">yet endorsed Trump</a> for a future run, but the market reaction reflected broader concerns for clean energy under a pro-fossil-fuel administration. Canadian Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>) saw an even steeper decline, shedding over 16% of its market value in the week after the election.
Why it Matters: If history were to repeat itself, a Trump win in 2024 would likely bode well for financial, oil and coal companies. On the flip side, tech companies under regulatory scrutiny and clean energy stocks could see declines in Trump&#8217;s hypothetical return to the White House.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41199702/trump-says-we-need-a-mandate-in-the-vote-and-were-going-to-get-it-as-2024-election-draws-near">Trump Says &#8216;We Need A Mandate In The Vote, And We&#8217;re Going To Get It&#8217; As 2024 Election Draws Near</a></li>
</ul>
Photo: Shutterstock

Equities

Politics

Trading Ideas

AAPL

ARCH

ERUS

GOOG

GOOGL

MSFT

TSLA

What A Trump Win Could Mean For Financial, Energy Stocks: Lessons From 2016

U.S. stocks were lower, with the Dow Jones index falling more than 100 points on Monday.
Shares of Pfizer Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) rose during Monday's session after Starboard Value acquired a $1 billion stake <a href="https://www.benzinga.com/quote/PFE/news">in the company.</a>
Pfizer shares gained 4% to $29.70 on Monday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Scholar Rock Holding Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRRK#NASDAQ">SRRK</a>) shares jumped 291% to $29.04 after the company announced topline results from the Phase 3 SAPPHIRE clinical trial evaluating the efficacy and safety of apitegromab in patients with SMA. The study achieved its primary endpoint.</li>
<li>Duckhorn Portfolio Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NAPA#NYSE">NAPA</a>) shares climbed 101.3% to $10.87 after the company reported better-than-expected fourth-quarter financial results. Also, the company announced it into a definitive agreement to be acquired by private equity funds managed by Butterfly Equity.</li>
<li>Arcadium Lithium PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALTM#NYSE">ALTM</a>) gained 40.1% to $4.32 after the company announced that it has been approached by Rio Tinto regarding a potential acquisition.</li>
<li>MYT Netherlands Parent BV-ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MYTE#NYSE">MYTE</a>) gained 26.5% to $5.45. Mytheresa announced plans to acquire YOOX NET-A-PORTER from Richemont in a €555 million cash deal.</li>
<li>ACM Research Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACMR#NASDAQ">ACMR</a>) shares gained 16.2% to $25.60.</li>
<li>Zeekr Intellignt Tchnlgy Hldng Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZK#NYSE">ZK</a>) shares jumped 15.8% to $30.00.</li>
<li>Xiao-I Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIXI#NASDAQ">AIXI</a>) shares gained 15.5% to $7.80.</li>
<li>JinkoSolar Holding Co., Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>) climbed 13.8% to $34.09.</li>
<li>UP Fintech Holding Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIGR#NASDAQ">TIGR</a>) shares gained 13.5% to $14.06.</li>
<li>Serve Robotics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) climbed 13.4% to $9.95.</li>
<li>Canadian Solar Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>) shares gained 13.2% to $17.93.</li>
<li>Hims &amp; Hers Health Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>) gained 11.4% to $19.67. The company is set to join to the S&amp;P SmallCap 600 this week.</li>
<li>Liquidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQDA#NASDAQ">LQDA</a>) shares climbed 10.6% to $11.11.</li>
<li>Trump Media &amp; Technology Group Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) gained 10.3% to $18.20.</li>
<li>Vista Outdoor Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSTO#NYSE">VSTO</a>) gained 9.8% to $43.77 after the company announced it entered into a definitive agreement with funds managed by Strategic Value Partners and its affiliates to sell Revelyst in an all-cash transaction.</li>
<li>RLX Technology Inc – ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLX#NYSE">RLX</a>) gained 9.4% to $1.92.</li>
<li>Air Products and Chemicals Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) gained 8.6% to $309.95 after activist investor Mantle Ridge built a more than $1 billion stake in the company and said it plans to push for improvements.</li>
<li>Generac Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) gained 7.1% to $171.60.</li>
<li>MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) gained 6.4% to $187.86.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41206375/jim-cramer-ast-spacemobile-is-just-too-hot-recommends-buying-this-tech-stock">Jim Cramer: AST SpaceMobile Is &#8216;Just Too Hot,&#8217; Recommends Buying This Tech Stock</a></li>
</ul>

News

Intraday Update

Markets

Movers

ACMR

AIXI

ALTM

GNRC

Hims & Hers Health, Inc. Class A Common Stock

HIMS

LQDA

MSTR

MYTE

NAPA

SERV

SRRK

TIGR

VSTO

Pfizer, Vista Outdoor, Duckhorn Portfolio And Other Big Stocks Moving Higher On Monday

<a href="http://www.canadiansolar.com/">Canadian Solar Inc</a>.&nbsp;(the "Company" or "Canadian Solar") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>)&nbsp;today announced that&nbsp;<a href="https://csestorage.com/">e-STORAGE</a>, which is part of the Company's majority-owned subsidiary&nbsp;CSI Solar Co., Ltd.&nbsp;("CSI Solar) has secured a turnkey EPC contract to supply a 98 MW/312 MWh DC Battery Energy Storage System (BESS) to the Huatacondo project in Chile. The project, developed by Sojitz Corporation and Shikoku Electric Power Co., Inc. through their subsidiary AustrianSolar Chile Cuatro SpA ("ASC4"), is set to commence construction in the first quarter of 2025.
e-STORAGE will provide and integrate its advanced <a href="https://csestorage.com/solbank-3-0/">SolBank 3.0</a>&nbsp;energy storage solution for the project. Under the EPC contract, e-STORAGE will manage all civil, mechanical, and electrical infrastructure for the project.

Canadian Solar Secures Contract for 98 MW Battery Storage Project in Chile

Solar stocks rallied Wednesday, rebounding from recent four-year lows, following Vice President Kamala Harris&#8216;s strong showing against former President Donald Trump at their highly anticipated presidential <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40813068/a-flash-poll-shows-kamala-harris-as-the-clear-winner-of-the-debate-against-donald-trump-bu">debate on ABC. </a>
Investors appeared buoyed by Harris's performance during the debate, which signaled potential stability for clean energy policies under a future administration, sparking renewed interest in the solar sector.
The Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>), a benchmark for the solar industry, surged by 3.7% by 11:05 a.m. ET, even as broader market sentiment remained bearish following a concerning August inflation report.
<h3 class="wp-block-heading">Harris&#8217;s Debate Performance Boosts Clean Energy Optimism</h3>
In a CNN/SSRS poll of 600 registered voters who tuned into the debate, 63% said Harris outperformed Trump, while 37% favored the former president. Prior to the debate, the same group of voters had been evenly split on their expectations of who would deliver a stronger performance.
Coco Zhang, an ESG research analyst at ING Group, noted that Harris is &#8220;likely to preserve the Biden administration's most important climate legacy, emphasizing a more efficient implementation of the Inflation Reduction Act (IRA).&#8221;
Harris has long been a vocal advocate for clean energy. During a 2023 speech at Coppin State University, she reiterated her administration's long-term goals: &#8220;We set an ambitious goal to cut our greenhouse gas emissions in half by 2030 and to reach net-zero emissions by 2050,&#8221; she said.
Also Read: <a href="https://www.benzinga.com/news/24/09/40815343/not-a-slam-dunk-for-harris-but-the-chances-of-a-trump-victory-have-slipped-investors-markets-adjust">&#8216;Not A Slam Dunk For Harris, But The Chances Of A Trump Victory Have Slipped:&#8217; Investors, Markets Adjust Positions After Presidential Debate</a>
<h3 class="wp-block-heading">Harris&#8217;s Climate Legacy</h3>
Zhang emphasized that Harris&#8217;s campaign proposals in 2020 included an aggressive $10 trillion investment in decarbonizing the U.S. economy, the establishment of a carbon tax, and a ban on fracking. &#8220;We expect her to propose expanded clean energy spending, with a greater focus on environmental justice and affordable energy,&#8221; said Zhang.
Furthermore, a Harris-led administration would likely enforce stricter regulations on vehicles, oil, and gas industries, aligning with her vision to advance U.S. climate leadership on the global stage, particularly through continued participation in key climate summits like the United Nations Conference of the Parties.
<h3 class="wp-block-heading">Solar Stocks: Wednesday&#8217;s Top 7 Gainers</h3>
Below are the top gainers in the solar sector on Wednesday:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>1-day % chg</td>
</tr>
<tr>
<td>First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>)</td>
<td>7.98%</td>
</tr>
<tr>
<td>Shoals Technologies Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHLS#NASDAQ">SHLS</a>)</td>
<td>7.80%</td>
</tr>
<tr>
<td>Canadian Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>)</td>
<td>6.47%</td>
</tr>
<tr>
<td>Array Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARRY#NASDAQ">ARRY</a>) </td>
<td>6.33%</td>
</tr>
<tr>
<td>Nextracker Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXT#NASDAQ">NXT</a>)</td>
<td>5.80%</td>
</tr>
<tr>
<td>Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>)</td>
<td>5.00%</td>
</tr>
<tr>
<td>SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>)</td>
<td>4.43%</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40810498/bill-ackman-and-elon-musk-blast-kamala-harris-for-her-social-media-posts-during-debate-with-trump-ev">Bill Ackman And Elon Musk Blast Kamala Harris For Her Social Media Posts During Debate With Trump: &#8216;Even Her Tweets Are Not Her Own&#8217;</a></li>
</ul>
Photo created using Shutterstock and Midjourney.

Macro Economic Events

Mid Cap

Econ #s

Economics

FSLR

SHLS

Solar Shares Climb As Harris Gains Momentum Post-Debate Against Trump: 7 Top Gainers In Clean Energy

Shares of solar stocks are trading higher. The sector may be reacting to last night's Trump-Harris debate and comments from VP Harris in support of diverse energy sources.

Under the terms of the agreement, SOLARCYCLE will serve as Canadian Solar&#39;s preferred recycling partner, while Canadian Solar will act as an original equipment manufacturer (OEM) partner to SOLARCYCLE, offering upfront recycling services. Canadian Solar customers can now secure recycling services at the time of purchase, integrating sustainability into the lifecycle of their projects from the outset.

Canadian Solar Enters Partnership Agreement With Solar Recycling Company SOLARCYCLE

Roth MKM analyst Philip Shen maintains Canadian Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>) with a Buy and lowers the price target from $25 to $20.

Price Target

Analyst Ratings

Roth MKM Maintains Buy on Canadian Solar, Lowers Price Target to $20

Goldman Sachs analyst Brian Lee maintains Canadian Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>) with a Neutral and lowers the price target from $18 to $16.

Goldman Sachs Maintains Neutral on Canadian Solar, Lowers Price Target to $16

During the last three months, 4 analysts shared their evaluations of Canadian Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>), revealing diverse outlooks from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $23.57, along with a high estimate of $35.00 and a low estimate of $12.28. Highlighting a 11.95% decrease, the current average has fallen from the previous average price target of $26.77. 
<img src="https://www.benzinga.com/files/images/story/2024/1724421623_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
A comprehensive examination of how financial experts perceive Canadian Solar is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Colin Rusch</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$27.00</td>
<td>$43.00</td>
</tr>
<tr>
<td>Gordon Johnson</td>
<td>GLJ Research</td>
<td>Raises</td>
<td>Sell</td>
<td>$12.28</td>
<td>$9.10</td>
</tr>
<tr>
<td>Mark Strouse</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Underweight</td>
<td>$20.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Jon Windham</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$35.00</td>
<td>$38.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Canadian Solar. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Canadian Solar compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Canadian Solar's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Canadian Solar's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/CSIQ/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Canadian Solar analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>About Canadian Solar</h2>
Canadian Solar Inc is a Canadian solar power company. It is an integrated provider of solar power products, services, and system solutions. The company engages in designing, developing, and manufacturing solar ingots, wafers, cells, modules, and other solar power products. It operates through two business segments CSI Solar and Recurrent Energy segment. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. Its Recurrent segment primarily comprises solar and battery storage project development and sale, O&amp;M and asset management services for operational projects, sale of electricity, and investment in retained assets.
<h3>A Deep Dive into Canadian Solar's Financials</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Canadian Solar's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -21.88% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 0.93%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 0.49%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Canadian Solar's ROA stands out, surpassing industry averages. With an impressive ROA of 0.1%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Canadian Solar's debt-to-equity ratio surpasses industry norms, standing at 2.05. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing Canadian Solar: Insights From 4 Financial Analysts

Oppenheimer analyst Colin Rusch maintains Canadian Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>) with a Outperform and lowers the price target from $43 to $27.

Oppenheimer Maintains Outperform on Canadian Solar, Lowers Price Target to $27

U.S. stock futures were slightly higher this morning, with the S&amp;P 500 futures gaining around 0.1% on Thursday.
Shares of Urban Outfitters, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/URBN#NASDAQ">URBN</a>) fell sharply in today's pre-market trading following<a href="https://www.benzinga.com/news/earnings/24/08/40495521/urban-outfitters-reports-q2-results-strong-eps-record-quarterly-sales"> second-quarter results.</a>
Urban Outfitters reported quarterly earnings of $1.24 per share, which beat the analyst consensus estimate of $1.01 per share. The company announced record quarterly sales of $1.35 billion, which beat the analyst consensus estimate.
Urban Outfitters shares dipped 11% to $36.94 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>Canadian Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>) shares dipped 12.1% to $12.80 in pre-market trading following second-quarter results.</li>
<li>Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) shares fell 10% to $121.54 in pre-market trading after reporting second-quarter results.</li>
<li>Lufax Holding Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LU#NYSE">LU</a>) shares declined 8.8% to $2.49 in pre-market trading following quarterly results.</li>
<li>Allego N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLG#NYSE">ALLG</a>) shares fell 6.8% to $1.90 in pre-market trading.</li>
<li>Aegon Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEG#NYSE">AEG</a>) shares declined 6.1% to $6.05 in pre-market trading following H1 operating results.</li>
<li>NetEase, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>) shares fell 5.8% to $87.19 in pre-market trading following weak quarterly sales.</li>
<li>BW LPG Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWLP#NYSE">BWLP</a>) declined 5.3% to $14.98 in pre-market trading following quarterly results.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/08/40501259/s-p-500-nasdaq-surge-after-fed-minutes-point-to-likely-rate-cut-in-september-fear-greed-index-remai">S&amp;P 500, Nasdaq Surge After Fed Minutes Point To Likely Rate Cut In September: Fear &amp; Greed Index Remains In &#8216;Neutral&#8217; Zone</a></li>
</ul>

Earnings

Pre-Market Outlook

ALLG

BWLP

NTES

SNOW

URBN

Urban Outfitters Reports Q2 Earnings Results, Joins Snowflake And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Canadian Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>) shares plunged after the company reported disappointing second-quarter 2024 results, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/n40502398/canadian-solar-reports-second-quarter-2024-results" rel="noreferrer noopener">missing bottom-line expectations.</a>
The company reported a 30.8% year-over-year revenue decline to $1.635 billion, beating the consensus estimate of $1.59 billion. The revenue decline was driven by lower module average selling prices and lower project sales, partially offset by higher battery energy storage solutions sales.
The gross margin declined 36% YoY to $282.09 million, and the margin declined 140 bps to 17.3%. The decrease was mainly due to reduced margins from solar power and battery storage asset sales and lower module ASPs, partially offset by lower manufacturing costs.
Total module shipments reached 8.2 GW, up 30% sequentially, and remained consistent year-over-year. EPS for the quarter was $0.02, down from $0.19 last quarter and $2.39 in second-quarter 2023, <a href="https://www.benzinga.com/earnings" target="_blank" rel="noreferrer noopener">missing analyst consensus of $0.11.</a>
Operating cash outflow was $429 million, compared to $291 million in the first quarter and down from $290 million inflow in the second quarter of 2023, driven by increased project assets and accounts receivable.
As of June 30, CSIQ had a $2.6 billion e-STORAGE contracted backlog, backed by a 66 GWh of pipeline. As of June-end, Recurrent Energy&#8217;s total solar project development pipeline was 27.4 GWp, including 1.7 GWp under construction, 4.8 GWp of backlog, and 20.9 GWp of projects in advanced and early-stage pipelines.
&#8220;While we continue to navigate challenging market conditions, our focus remains on sustainable, profitable growth. We are beginning to see signs of market rationalization, as module pricing and input costs reach record lows. In line with our commitment to strategic future planning, we are adjusting certain capacity investments to ensure a resilient financial profile. We anticipate stabilization in the second half of the year,&#8221; commented Shawn Qu, Chairman and CEO.
Outlook: For the third quarter, Canadian Solar expects total revenue of $1.6 billion &#8211; $1.8 billion, versus a consensus estimate of $2.18 billion, and <a href="https://www.benzinga.com/calendars/guidance">anticipates a gross margin of 14% &#8211; 16%.</a>
The company expects total module shipments recognized as revenues by CSI Solar of 9.0 GW – 9.5 GW. CSI Solar expects battery storage shipments of 1.4 to 1.7 GWh, including 1.2 GWh for its projects.
2024 Outlook: CSIQ expects revenue of $6.50 billion &#8211; $7.50 billion (prior $7.3 billion &#8211; $8.3 billion) versus a consensus of $7.565 billion. The company expects total module shipments of 32 &#8211; 36 GW and CSI Solar&#8217;s battery storage shipments of 6.5 &#8211; 7.0 GWh, including around 1 GW and 2.5 GWh for its projects.
Price Action: CSIQ shares traded lower by 7.62% at $13.45 premarket at the last check Thursday.
Photo via Midjourney

Guidance

Canadian Solar Misses Q2 EPS Expectations, Slashes 2024 Outlook As Market Challenges Mount

Canadian Solar shares are trading lower after the company reported mixed Q2 financial results and issued Q3 revenue guidance below estimates. Also, the company cut its FY24 revenue guidance with its midpoint below estimates.

Index futures trading point to a slightly positive start on Thursday, with some key Main Street data likely directing the market. Sentiment could remain guarded as traders look ahead to the 3-day Jackson Hole Symposium that kickstarts on Thursday, with Federal Reserve Chairman Jerome Powell delivering his address on Friday. Earnings news has been mixed. With traders baking in a September rate cut, the near-term catalyst is likely to be Nvidia, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) earnings due next week.
&#8220;Move over, Fed, it's all about Nvidia's earnings on August 28th. The waiting is the hardest part,&#8221; said Gina Bolvin, President of Bolvin Wealth Management Group.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>+0.07%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>+0.06%</td>
</tr>
<tr>
<td>Dow</td>
<td>+0.07%</td>
</tr>
<tr>
<td>R2K</td>
<td>+0.20%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Thursday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) climbed 0.16% to $561.50, and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) gained 0.18% to $483.38, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Session: 
U.S. stocks ended Wednesday&#8217;s session higher, rebounding from the previous session&#8217;s slide, as traders relished the dovish message from the Federal Open Market Committee&#8217;s July meeting minutes and the Bureau of Labor Statistics&#8217; annual revision taking down the non-farm payroll numbers sharply.
The Nasdaq Composite and the S&amp;P 500 Index stayed mostly above the unchanged line, while the Dow Jones Industrial Average was relatively more volatile. All three closed firmly in the green. Small-caps outperformed the major indices, with the Russell 2,000 advancing 1.32%.
The S&amp;P 500 is now closing in on its all-time high of 5,667.20 hit on July 16 and the Nasdaq Composite ended at its highest levels since July 17.
Most S&amp;P 500 sectors, baring energy and financials, ended higher for the day, with consumer discretionary and material stocks seeing particular strength.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+0.57%</td>
<td>17,918.99</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+0.42%</td>
<td> 5,620.85</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+0.14%</td>
<td>40,890.49</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+1.32%</td>
<td>2,170.56</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
In a report released ahead of BLS&#8217; annual revision, Morgan Stanley&#8217;s Lisa Shalett said Wall Street analysts' current profit estimates appear ambitious, calling for accelerating and double-digit growth rates over the next six quarters, even as margins are already near record highs.
She said slowing nominal GDP will hurt companies&#8217; pricing power and profitability, adding that gains from falling costs and the advantages of a strong U.S. dollar may also fade. If companies choose to cut labor, in response, and job losses rise significantly, it could put the soft landing at risk, she added.
Carson Group&#8217;s Ryan Detrick noted that the S&amp;P 500 Index has been above the 200-day moving average for more than 200 days now. This has happened three times in the past and on those three instances, the index stayed above the 200-day MA for another 277 days, 242 days, and 195 days, he said. &#8220;If you are bearish b/c this is a long rally, be careful,&#8221; he added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">S&amp;P 500 above the 200-day MA for more than 200 days (ok 201 to be exact). Sounds like a lot, right? Past 3 times it got to 200 days it stayed above for another 277 days, 242 days, and 195 days. In other words, if you are bearish b/c this is a long rally, be careful. <a href="https://t.co/43AgD1RQUD">pic.twitter.com/43AgD1RQUD</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1826462026203308204?ref_src=twsrc%5Etfw">August 22, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Upcoming Economic Data
<ul>
<li>The Labor Department is scheduled to release the weekly jobless claims report at 8:30 a.m. EDT. Economists, on average, expect the number of individuals claiming unemployment benefits to come in at 230,000 for the week ended Aug. 17, up from 227,000 in the previous reporting week.</li>
<li>S&amp;P Global will release its flash manufacturing and service sector purchasing managers&#8217; indices for August at 9:45 a.m. EDT. The consensus estimates call for the manufacturing PMI to edge down from 49.6 in July to 49.5 in August, and the service PMI is expected at 54 for August, down from 55 in July.</li>
<li>The National Association of Realtors is due to release the existing home sales report for July at 10 a.m. EDT. Existing home sales may have come in at a seasonally adjusted annual rate of 3.94 million units for July, up from June&#8217;s 3.89 million units.</li>
<li>The Treasury will auction four- and eight-week notes at 11:30 a.m. EDT and 30-year TIPS at 1 p.m. EDT.</li>
</ul>
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How To Trade Futures </a>
Stocks In Focus:
<ul>
<li>Agilent Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/A#NYSE">A</a>) rose over 2% <a href="https://www.benzinga.com/premarket">in premarket trading</a> following the company&#8217;s quarterly results announcement. </li>
<li>Among the other stocks moving on earnings are Urban Outfitters, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/URBN#NASDAQ">URBN</a>) (down over 10%), Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) )down over 9%), Zuora, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZUO#NYSE">ZUO</a>) (up over 7.50%), Wolfspeed, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) (up over 8%), Synopsys, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>) (up over 2%), and Zoom Video Communications, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) (up over 3.50%).</li>
<li>Advance Auto Parts, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAP#NYSE">AAP</a>), Baidu, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), Bilibili Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BILI#NASDAQ">BILI</a>), NetEase, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>), BJ&#8217;s Wholesale Club Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BJ#NYSE">BJ</a>), Canadian Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>), Peloton Interactive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTON#NASDAQ">PTON</a>) and Williams-Sonoma, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSM#NYSE">WSM</a>) are among the <a href="https://www.benzinga.com/calendars/earnings">notable companies due to release their quarterly results</a> before the market opens.</li>
<li>Those reporting earnings after the close include BILL Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BILL#NYSE">BILL</a>), CAVA Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>), Intuit Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTU#NASDAQ">INTU</a>), Ross Stores, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROST#NASDAQ">ROST</a>) and Workday, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>).</li>
<li>Charles Schwab Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) <a href="https://www.benzinga.com/markets/equities/24/08/40500034/charles-schwab-shares-drop-over-4-after-hours-as-td-bank-cuts-stake-following-2-6b-anti-money-la">slipped over 4% </a>after Toronto-Dominion Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TD#NYSE">TD</a>) sold shares in the former to provision for $2.6 billion in potential fines from U.S. regulators.</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures rose marginally, while gold futures slipped further away from their record high. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rose following the FOMC minutes and approached the $61K level and the yield on the 10-year Treasury note rose 4.2 basis points to 3.818%.
The Asian markets had a mixed session, while European stocks were higher in early trading on Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40501889/nvidia-stock-to-surge-to-340-in-medium-term-portfolio-manager-sees-strong-rally-int">Nvidia Stock To Surge To $340 In Medium Term? Portfolio Manager Sees Strong Rally Interspersed By 35-80% Pullbacks</a></li>
</ul>
Photo via Shutterstock

Futures

Previews

Federal Reserve

$BTC

BIDU

BILI

BILL

CAVA

INTU

NVDA

PTON

ROST

SCHW

SNPS

WDAY

WOLF

US Stocks Poised For Tepid Start Ahead Of Private Sector Activity Data And Jackson Hole Symposium: Analyst Says Market Is Focused On Nvidia Earnings And 'Waiting Is The Hardest Part'

For the full year of 2024, the Company expects total module shipments to be in the range of 32 GW to 36 GW and CSI Solar&#39;s total battery energy storage shipments in the range of 6.5 GWh to 7.0 GWh, including approximately 1 GW and 2.5 GWh respectively to the Company&#39;s own projects.

Canadian Solar Cuts FY24 Total Revenue Outlook From $7.3B - $8.3B To $6.5B - $7.5B, Est $7.565B

Gross margin is expected to be between&nbsp;14%&nbsp;and&nbsp;16%. Total module shipments recognized as revenues by CSI Solar are expected to be in the range of 9.0 GW to 9.5 GW, including approximately 100 MW to the Company&#39;s own projects.
Total battery energy storage shipments by CSI Solar in the&nbsp;third quarter&nbsp;of 2024 are expected to be between 1.4&nbsp;GWh to 1.7 GWh, including about 1.2 GWh to the Company&#39;s own projects.

Canadian Solar Expects Q3 Total Revenue Of $1.6B - $1.8B, Est $2.176B

Canadian Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>) reported quarterly earnings of $0.02 per share which missed the analyst consensus estimate of $0.11 by 81.82 percent. This is a 99.16 percent decrease over earnings of $2.39 per share from the same period last year. The company reported quarterly sales of $1.64 billion which beat the analyst consensus estimate of $1.59 billion by 3.09 percent. This is a 30.84 percent decrease over sales of $2.36 billion the same period last year.

Earnings Beats

Earnings Misses

Canadian Solar Q2 2024 GAAP EPS $0.02 Misses $0.11 Estimate, Sales $1.64B Beat $1.59B Estimate

AMAT

AVGO

INTC

KLAC

LAES

MPWR

MRVL

SKYT

SMTC

TOYO

WKEY

Shares of semiconductor stocks are trading higher amid overall market strength following softer-than-expected PPI figures.

Canadian Solar Announced That E-storage Has Been Awarded A Turnkey EPC Contract For 100 Mw / 200 Mwh Energy Storage Solutions By Fotowatio Renewable Ventures (FRV) Australia For Its Terang Energy Storage Project In Victoria

Canadian Solar: Recovery Won't Be Quick But Could Be Significant

Canadian Solar: Slight Growth Cannot Remove Concerns Over Operations In China

In a report released today, Michael Blum from Wells Fargo maintained a Hold rating on Canadian Solar (CSIQ – Research Report), with a price target ...

Canadian Solar (CSIQ) Receives a Hold from Wells Fargo

Solar stocks trading higher following last night's presidential debate

Solar, clean energy stocks rally ahead of Fed decision on interest rates

It typically takes 7.5 years for solar installations to pay off. But the returns can come sooner if exposed to these solar companies.

Top 3 Renewable Energy Stocks To Invest In September 2024

U.S. imposes preliminary new duties on Southeast Asia solar imports

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Canadian Solar (NASDAQ:<a href="https://investorplace.com/stock-quotes/csiq-stock-quote/">CSIQ</a>) just reported results for the second quarter of 2024.<ul><li>Canadian Solar reported earnings per share of 2 cents. This was below the analyst estimate for EPS of 13 cents.</li><li>The company reported revenue of $1.64 billion.</li><li>This was 2.83% better than the analyst estimate for revenue of $1.59 billion.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div>	The post <a href="https://investorplace.com/earning-results/2024/08/csiq-stock-earnings-canadian-solar-for-q2-of-2024/">CSIQ Stock Earnings: Canadian Solar Misses EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

CSIQ Stock Earnings: Canadian Solar Misses EPS, Beats Revenue for Q2 2024

Canadian Solar (CSIQ) has released an update. Recurrent Energy, a subsidiary of Canadian Solar, has finalized a significant $500 million investment...

Canadian Solar Subsidiary Secures $500M BlackRock Investment

Canadian Solar's Recent Recovery May Not Last, Warranting A Downgrade To Neutral

ACES

CNRG

ERTH

FCEL

FLNC

GPRE

ICLN

PLUG

QCLN

SMOG

STEM

Commodities

Contracts

Press Releases

Canadian Solar's e-STORAGE to Deliver Battery Energy Storage Solutions to Root-Power's Coryton Project in the UK

Canadian Solar Schedules Second Quarter 2024 Earnings Conference Call for August 22

Recurrent Energy to Bolster its Italian Clean Energy Portfolio with €50 Million Euro Facility from the European Investment Bank

Canadian Solar's e-STORAGE to Power 200 MWh Energy Storage Project in Southeastern Australia

Canadian Solar Inc. Announces US$200 Million Private Placement of Secured Convertible Notes with PAG

Canadian Solar Reports Second Quarter 2024 Results

Canadian Solar and SOLARCYCLE Ink Landmark Cradle-to-Cradle U.S. Recycling Partnership

Canadian Solar's e-STORAGE to Deliver Energy Storage Solutions to the Huatacondo Project in Chile

Recurrent Energy Announces Closing of $500 Million Investment from BlackRock

Canadian Solar Ranked #1 in Energy & Utilities on Newsweek's 2024 World's Most Trustworthy Companies List

Ambarella

Alpha and Omega Semiconductor Limited - Common Shares

Alpha & Omega

CEVA

Diodes

Himax Technologies, Inc. - American depositary shares, each of which represents two ordinary shares.

Himax Techs

Intchains Group Limited - American Depositary Shares

Intchains Gr

ChipMOS TECHNOLOGIES INC. - American Depositary Shares

ChipMOS TECHNOLOGIES

indie Semiconductor, Inc. - Class A Common Stock

Indie Semiconductor

JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares)

JinkoSolar Holding Co

Everspin Technologies, Inc. - Common Stock

Everspin Technologies

Magnachip Semiconductor Corporation Common Stock

MagnaChip Semiconductor

MaxLinear

Navitas Semiconductor Corporation - Common Stock

Navitas Semiconductor

Power Integrations

QuickLogic

Rigetti Computing

SMART Global Holdings, Inc. - Ordinary Shares

SMART Glb Hldgs

Silicon Motion Technology Corporation - American Depositary Shares, each representing four ordinary shares

Silicon Motion Technology

SkyWater Technology

Semtech

Sequans Communications S.A. American Depositary Shares (each representing ten (10) Ordinary Shares)

Comments

Canadian Solar

Actualités

Dernières nouvelles pour Canadian Solar (NASDAQ:CSIQ) Stock

Les gens regardent aussi

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL