Added to YB: 2026-06-04
Pitch date: 2026-06-01
CSIQ [neutral]
Canadian Solar Inc.
+6.66%
current return
Author Info
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Company Info
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.
Market Cap
$1.2B
Pitch Price
$18.31
Price Target
37.00 (+89%)
Dividend
N/A
EV/EBITDA
10.12
P/E
-7.06
EV/Sales
1.52
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
Canadian Solar Inc. - $CSIQ
CSIQ (deep dive): $5.5B rev solar/storage conglomerate at deep discount to book, $400-950M cap. 3 businesses: legacy mfg, US HJT cell factory (CS PowerTech, $1.3B 2026 capex), Recurrent Energy (24GW pipeline, $3.5B debt). e-STORAGE backlog $3.5B. $6.4B debt, $1.8B cash, FY25 -$104M loss. Bull 2-3x on 45X credits, project sales, debt decline; bear: debt trap to $7B+ dilution. Base ~50-100% upside. 3-5yr.
Read full article (25 min)