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Canadian Solar Inc. (CSIQ)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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44.17+1.27 (+2.96%)
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  • A
    AAA
    BYD provides 75-MW energy storage system to Mustang solar project
    We are excited to partner with Canadian Solar on this solution. We are very proud to be able to provide reliable and safe BYD technology to the Mustang project,” said BYD North America president Stella Li. “We will deliver the lithium-ion battery storage solution to Canadian Solar, who acts as the full system integrator of the storage retrofit.”......
    ...... We are pleased to start supplying this large-scale solar + energy storage project which will be fully developed and integrated by Canadian Solar with our proprietary battery technology. The adoption and integration of BYD’s batteries will improve the utilization of solar energy and meaningfully enlarge our global addressable market in the solar industry.”
  • A
    AAA
    BYD announced that it has invested in Canadian Solar and has built a complete photovoltaic industry chain in more than ten years
    Great News !!!!
    50soon then 70....
    Next year 100 easy
  • M
    MJ Stock Trader
    Major price target upgrades to $48 and $50. Yesterday loaded the boat during the opening sell off and today bought some Jan $55 calls.

    "Oppenheimer analyst Colin Rusch raised the price target on Canadian Solar (NASDAQ: CSIQ) to $48.00 (from $33.00) while maintaining a Outperform rating."

    "Canadian Solar price target raised to $50 from $32 at Roth Capital Roth Capital analyst Philip Shen raised the firm's price target on Canadian Solar to $50 from $32 and keeps a Buy rating on the shares. Shen says Canadian Solar delivered a "strong" Q3, but guidance for Q4 was weak due to increased supply chain costs. The analyst expects Q4 to represent the margin trough, and sees margins returning to the high teens by 2H21 with a corresponding increase in EPS."
    Bullish
  • D
    Dom
    Love the fact that a new BYD/CSIQ project was announced in California. As Tesla starts being mentioned in the same conversation about solar+energy storage, having industry leading BYD battery tech will enhance interest in CSIQ. It is a nice tailwind, not some sort of scary competition. If you’re on Facebook please join my new CSIQ Shareholders page, it would be great for starting some active conversations (especially bullish ones!) to get momentum going: https://www.facebook.com/groups/805853070196800/?ref=share
    Canadian Solar (CSIQ) Shareholders United 💪🌞 has 13 members. Discussion about Canadian Solar and news and updates that are interesting for current and future shareholders.
    Canadian Solar (CSIQ) Shareholders United 💪🌞 has 13 members. Discussion about Canadian Solar and news and updates that are interesting for current and future shareholders.
    www.facebook.com
    Bullish
  • J
    JoeM
    Canadian Solar price target raised to $48 from $33 at Oppenheimer »07:42 CSIQ Oppenheimer analyst Colin… Canadian Solar price target raised to $50 from $32 at Roth Capital »07:08 CSIQ Roth Capital analyst…
  • M
    MJ Stock Trader
    This is why the stock is down - supply issues:

    "Q4 Guidance: Revenue $980M-1.015B vs consensus $1.14B; Total module shipments to be in the range of 2.9-3.0 GW; Gross margin 8-10%, below the company's normal gross margins, reflecting the negative near-term impact of raw materials shortages, which have pushed up certain costs up by ~50-100%, including polysilicon, solar glass and EVA, combined with higher shipping costs and unfavorable currency movements."
  • T
    Trucker Da
    The volume seems to always be low. We need to spread the word about this great company..
    Bullish
  • j
    jarare
    Every time CSIQ beat the numbers, the next day the market drove the price down. It takes 4-10 days to overcome this and hence ignore these sellers. In fact, the CEO was very straightforward in giving the information and the market should have taken it the positive way. This will be one of the best solar companies in the coming decade to take a huge market share.
  • f
    fredy
    New 52 week hight set!
  • A
    AAA
    Byd+ candian solar
    The sky is the limit !!!
    80 -100 very soon
  • f
    fredy
    We all have to be patient... we (hopefully) all have done our DD and all have received the same result:
    => This is way to low and is actually the best solar pick!
    Solar have to and WILL rise in the next time...
    Actually the traders are nuts and only seek the fast money for short.
    You can see that at the various sector rotations in the last weeks:
    - Vaccine news - MINUTES later, NASDAQ turns from green to red and Dow from red to green.
    - Tech and new energy were sold (no matter which company's)
    The only problem with CSIQ is, that it isn't "anybody's darling" right now (as other solars)
    But this will change... you can read CSIQ more and more in comparisons ("what green/solar stock should I buy...?")
    And... when it changes... this stock will fly!
    I the past, I often have sold shares to early (and regret it later -> had the right "nose" but too less patience).
    So... there is NOTHING WRONG with this stock and I will give it 6-12 months from now.
    If it is not massive higher in this time, I will think about to sell it, BUT NOT NOW!
    So... stay strong and hold!
    Bullish
  • f
    fredy
    As I wrote... just patience... and you will have a big gain next year!
    Bullish
  • J
    Jack
    This company is living off tax credits and investors
  • R
    Ron
    Great contract, this stock is for the long run we will start seeing results a year from now.
    Bullish
  • B
    Balázs
    80usd soon
  • M
    MJ Stock Trader
    Loving today! I've been eying this stock for a month and loaded the boat up at $35.50. Very rarely do I get the bottom right. Even ended up with some at $37.40.
  • S
    Simon
    The only bad / concerning news in the ER was this IMO: “As a result, we are expecting pressure on our short-term profitability “
  • T
    The Irish Blur
    The expectations for tomorrow's ER are not launch to the moon material. The good news is that it is expected that their revenue will rise, but so will their costs. They started two major construction projects in Q3 that will be on the books for tomorrow's ER. the gains from those projects won't be in the Q3 ER, just the costs.

    Disclaimer - I am long hold.
  • M
    MJ Stock Trader
    The CSIQ calls I bought this morning (check my earlier post) are up 52%. It was more than obvious that the stock was oversold (percentage and RSI) and bought as the two SP upgrades came out. Anyone else lucky enough to get some calls today? The stock should see $40 next week and $45-$50 by the end of the year.
  • D
    David
    The drop sort of smells like a restricted sale that had to wait until after the quarterly results were released. Sold some shares a month ago and bought them back today at a nice discount. Rebounding nicely this afternoon.
    Bullish