Canadian Solar (L5A) Stock Price & Analysis
L5A Stock Chart & Stats
- Day’s Range
- EUR 8.30 - EUR 8.40
- 52-Week Range
- EUR 7.85 - EUR 29.30
- Previous Close
- EUR 8.52
- Volume
- 71.95K
- Average Volume (3M)
- 1,645
- Market Cap
- EUR 562.96M
- Enterprise Value
- EUR 8.71B
- Total Cash (Recent Filing)
- EUR 1.46B
- Total Debt (Recent Filing)
- EUR 7.31B
- Price to Earnings (P/E)
- ―
- Beta
- 1.39
- Next Earnings
- Nov 12, 2026 (Est.)
- EPS Estimate
- -0.61
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Contracted Backlog
The large multi-year module backlog provides meaningful revenue visibility and supports utilization of the company’s expanding domestic manufacturing base. Deliveries extending through 2029 can strengthen customer relationships, improve planning, and create a durable foundation for future cash generation.
U.S. Manufacturing Expansion
Expanding U.S. HJT and module capacity deepens Canadian Solar’s presence in a strategically important market and broadens its technology offering. Greater domestic production can support backlog fulfillment, improve market access, and reinforce the company’s position across the solar value chain.
Integrated Project Platform
The substantial solar and storage pipeline gives Canadian Solar multiple ways to monetize development rights, construction activity, project sales, and related services. This integrated platform diversifies the business beyond module shipments and preserves long-term growth opportunities across international markets.
Bears Say
Severe Cash Burn
Deeply negative operating and free cash flow indicates that the business is not currently funding itself internally. If cash consumption persists, Canadian Solar may need additional financing or asset monetization, limiting flexibility to invest in growth and increasing sensitivity to execution setbacks.
Elevated Leverage
High leverage reduces balance-sheet flexibility while the company is experiencing losses and negative cash generation. Debt service, refinancing needs, and project financing obligations can constrain capital allocation, making it harder to absorb weaker project monetization or prolonged pressure on industry economics.
Weak Profitability And Execution
Current losses, impairment, and deferred project sales show that the large pipeline is not converting smoothly into earnings. Continued delays or additional project charges could prolong weak profitability, undermine cash generation, and make the benefits of backlog and capacity expansion slower to realize.
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Canadian Solar Stock Smart Score
Company Description
Canadian Solar
Canadian Solar Inc. and its affiliates operate globally, specializing in the design, development, production, and sale of solar energy components, including ingots, wafers, cells, and modules, alongside a range of solar power and battery storage solutions across Asia, the Americas, and Europe. The company's operations are structured into two main divisions: CSI Solar and Global Energy. The CSI Solar segment offers standard solar modules, comprehensive battery storage systems, and complete, ready-to-install solar kits that encompass inverters, racking systems, and other essential accessories. This division also provides engineering, procurement, and construction (EPC) services. Conversely, the Global Energy segment is involved in the entire lifecycle of solar and battery storage projects, from development and construction to ongoing maintenance and sale. It also manages the operation of solar power facilities and sells generated electricity. This segment further delivers extensive operation and maintenance (O&M) support, such as monitoring, inspections, equipment repair and replacement, site management, and administrative services for solar ventures, in addition to asset management. As of January 31, 2021, this division managed an operational fleet of solar power plants with an aggregate capacity of approximately 445 MWp. Canadian Solar serves a diverse clientele, including distributors, system integrators, project developers, and installation/EPC companies. Its products are primarily marketed under the Canadian Solar brand, with some sales also occurring on an OEM (Original Equipment Manufacturer) basis. Established in 2001, the company is headquartered in Guelph, Canada.
- Sector
- Technology
- Industry
- Solar
- CEO
- Colin Parkin
- Employees
- 12,587
- Website
- www.canadiansolar.com
- Address
- 4273 King Street East, Kitchener, ON, N2P 2E9, CA
Canadian Solar (L5A) Earnings & Revenues
L5A Company Deck
L5A Earnings Call
Earnings Call SentimentNeutral
The call presented a mix of substantial strategic and operational progress — notably the U.S. HJT facility opening, strong module and storage volumes, sizable U.S.-focused backlog (>13 GWp, >$4.5B) and a meaningful storage backlog ($3.5B) — alongside notable near-term financial headwinds including a $77M net loss, higher operating expenses (+21% sequential), negative operating cash flow ($181M used), rising debt ($7.1B) and impairment/deferrals in the project development business. Management reiterated full-year operational guidance, provided constructive outlook for Q3 revenue ($1.3–$1.5B) and margins (13.5%–15.5%), and emphasized that ramp-up and freight-driven costs should normalize as U.S. manufacturing scales and policy tailwinds (Section 232) take effect. Given the balance of meaningful strategic wins and clear near-term financial challenges, the overall tone is balanced but cautiously constructive.
View all DE:L5A earnings summariesL5A Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 3 | 5 | 14 |
| Technical Analysis | 2 | 5 | 3 |
| Moving Averages | 1 | 0 | 11 |









