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Canadian Solar Inc. (CSIQ)

USD15.96 +0.77 (+5.07%)
CA NASDAQ Energy Solar
Address 545 Speedvale Avenue West N1K 1E6
Guelph, ON, CA
CEO Xiaohua Qu
IPO 2006-11-09
CIK 1375877 ISIN CA1366351098

Explore sections of this company profile

Description

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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD15.96 +0.77 (+5.07%)
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Volume Profile
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Liquidity & share structure
Average Volume
3M
Beta
1.49
Float Shares
47.42M
Free Float %
69.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-7.71% -8.30% +20.11% -20.09% -39.90% -33.30% +48.46% -60.57% -57.10% -8.77% +1.44%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (33 ratings, all time) Buy
Price Targets & DCF
Current price
15.96
Low 30.00 +88.0%
Consensus 30.00 +88.0%
Median 30.00 +88.0%
High 30.00 +88.0%
Ratings Trend (MoM) 36% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 3 0
Hold 4 0
Sell 2 0
Strong Sell 1 0
Price Target Summary
Period # Analysts Avg Target
Last Month
Last Quarter
Last Year 5
23.33
+46.2%
All Time 12
22.22
+39.2%
Quality scores
Altman Z-Score
0.60
Distress
Piotroski F-Score
1 / 9
Weak
MOAT Score
1 / 10
No MOAT
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Solar: +18.1%
    -6.7% Q1'26: -9.9% (vs Q1'25)
  • EPS growth Solar: +43.7%
    -387.0% Q1'26: -2.9% (vs Q1'25)
  • FCF margin FCF growth · Solar: +87.8%
    -21.3% Q1'26: -37.3% (vs Q1'25)
  • EBIT margin Solar: +4.0%
    -0.5% Q1'26: +5.7% (vs Q1'25)
  • ROIC Solar: +1.3%
    -0.3% Q1'26: +1.4% (vs Q1'25)
  • Share dilution Solar: 0.0%
    +0.6% Q1'26: +1.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Solar: 0.12×
    -266.13× Q1'26: 31.96× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.44) × ERP
WACC = 12% × Ke + 88% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 15.96
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
5 Rev. Ana.
2 EPS Ana.
Dec 2027
8 Rev. Ana.
4 EPS Ana.
Dec 2028
7 Rev. Ana.
5 EPS Ana.
Dec 2029
3 Rev. Ana.
1 EPS Ana.
Dec 2030
6 Rev. Ana.
1 EPS Ana.
Revenue
3.47B
est: 3.35B (+3.4%)
2.85B
est: 2.88B (-0.9%)
3.39B
est: 3.62B (-6.3%)
3.74B
est: 3.66B (+2.4%)
3.20B
est: 3.15B (+1.7%)
3.48B
est: 3.43B (+1.3%)
5.28B
est: 5.34B (-1.2%)
7.47B
est: 7.42B (+0.6%)
7.61B
est: 6.51B (+16.9%)
5.99B
est: 6.15B (-2.5%)
5.60B
est: 5.70B (-1.8%)
6.27B
5.54B – 6.93B
+9.9% YoY
7.36B
6.31B – 7.98B
+17.4% YoY
7.84B
7.84B – 7.84B
+6.5% YoY
7.59B
6.53B – 8.96B
-3.2% YoY
7.97B
6.86B – 9.42B
+5.1% YoY
EBITDA
371.84M
est: 338.56M (+9.8%)
253.23M
est: 290.80M (-12.9%)
351.77M
est: 365.26M (-3.7%)
533.78M
est: 369.40M (+44.5%)
439.62M
est: 317.72M (+38.4%)
423.51M
est: 346.71M (+22.2%)
479.39M
est: 539.35M (-11.1%)
675.15M
est: 749.72M (-9.9%)
829.66M
est: 492.27M (+68.5%)
556.61M
est: 464.76M (+19.8%)
-28.86M
est: 430.80M (-106.7%)
473.61M
418.79M – 524.04M
+9.9% YoY
556.13M
476.89M – 603.38M
+17.4% YoY
592.38M
592.38M – 592.38M
+6.5% YoY
573.39M
493.72M – 677.52M
-3.2% YoY
602.41M
518.71M – 711.82M
+5.1% YoY
EBIT
277.62M
est: 155.66M (+78.3%)
157.38M
est: 133.70M (+17.7%)
252.49M
est: 167.93M (+50.4%)
404.52M
est: 169.84M (+138.2%)
261.00M
est: 146.08M (+78.7%)
206.36M
est: 159.41M (+29.5%)
196.62M
est: 247.97M (-20.7%)
430.73M
est: 344.69M (+25.0%)
522.62M
est: 218.34M (+139.4%)
55.17M
est: 206.13M (-73.2%)
-28.86M
est: 191.07M (-115.1%)
210.06M
185.75M – 232.43M
+9.9% YoY
246.66M
211.52M – 267.62M
+17.4% YoY
262.74M
262.74M – 262.74M
+6.5% YoY
254.31M
218.98M – 300.50M
-3.2% YoY
267.19M
230.07M – 315.71M
+5.1% YoY
Net Income
171.86M
est: 171.81M (+0.0%)
65.25M
est: 102.13M (-36.1%)
99.57M
est: 90.34M (+10.2%)
237.07M
est: 209.40M (+13.2%)
171.59M
est: 138.42M (+24.0%)
146.70M
est: 117.16M (+25.2%)
95.25M
est: 96.02M (-0.8%)
239.97M
est: 202.30M (+18.6%)
274.19M
est: 36.68M (+647.5%)
36.05M
est: 3.12M (+1,056.2%)
-104.13M
est: -102.25M (-1.8%)
-106.00M
-121.00M – 4.05M
-3.7% YoY
57.72M
-124.45M – 424.00M
+154.5% YoY
127.81M
85.88M – 303.39M
+121.4% YoY
527.50M
432.22M – 652.04M
+312.7% YoY
373.90M
306.36M – 462.17M
-29.1% YoY
SGA
312.34M
est: 441.16M (-29.2%)
349.16M
est: 378.93M (-7.9%)
387.03M
est: 475.94M (-18.7%)
410.78M
est: 481.35M (-14.7%)
423.11M
est: 414.01M (+2.2%)
449.84M
est: 451.78M (-0.4%)
707.59M
est: 702.80M (+0.7%)
901.06M
est: 976.92M (-7.8%)
810.16M
est: 912.95M (-11.3%)
1.00B
est: 861.92M (+16.4%)
964.40M
est: 798.94M (+20.7%)
878.33M
776.67M – 971.85M
+9.9% YoY
1.03B
884.42M – 1.12B
+17.4% YoY
1.10B
1.10B – 1.10B
+6.5% YoY
1.06B
915.63M – 1.26B
-3.2% YoY
1.12B
961.98M – 1.32B
+5.1% YoY
EPS
3.08
est: 2.57 (+20.0%)
1.13
est: 1.53 (-25.9%)
1.71
est: 1.35 (+26.7%)
3.88
est: 3.13 (+24.0%)
2.88
est: 2.07 (+39.3%)
2.46
est: 1.75 (+40.5%)
1.55
est: 1.43 (+8.1%)
3.73
est: 3.02 (+23.4%)
4.27
est: 0.55 (+670.2%)
0.54
est: 0.05 (+1,016.0%)
-1.55
est: -1.41 (-9.7%)
-0.87
-1.80 – 0.06
+38.6% YoY
1.18
-1.85 – 6.29
+236.1% YoY
2.46
1.27 – 4.50
+107.9% YoY
7.83
6.42 – 9.68
+218.8% YoY
5.55
4.55 – 6.86
-29.1% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-19 Freedom Broker Buy Hold Downgrade
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-19 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-18 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-15 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-14 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-13 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-12 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-11 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-08 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-07 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-06 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-05 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-04 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-05-01 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-30 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-29 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-04-28 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-04-27 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-04-24 B- 2/5 5/5 1/5 1/5 1/5 1/5 5/5
2026-04-23 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-21 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-1.63B
OE per share TTM
-24.07
Owner's Yield
-151.37%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
57.2%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
97
Total invested
268.87M
Insider transactions (90d)
4
Beneficial owners (>5%)
27
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 BlackRock, Inc. 181.04M 7.00% 4.74M 4.74M HC Delaware 2022-02-03
2 Shawn (Xiaohua) Qu 18.04M 1.00% 18.04M 13.77M 10.00 IN Canada 2013-06-17
3 Venture Holding S.a.r.l. SPF 5.38M 8.33% 5.38M 5.38M OO 2024-03-04
4 Mayo, Van Otterloo & Co. LLC       04-2691242 5.34M 8.26% 5.34M 5.34M IA Boston, Massachusetts USA 2024-02-13
5 DIDRIC CEDERHOLM 4.55M 7.60% 4.55M IN 2020-10-28
6 JIM FREEMAN 4.55M 7.60% 4.55M IN 2020-10-28
7 LION POINT CAPITAL, LP 4.55M 7.60% 4.55M PN 2020-10-28
8 Grantham, Mayo, Van Otterloo & Co. LLC       04-2691242 2.92M 4.55% 2.92M 2.92M IA Boston, Massachusetts USA 2023-02-13
9 98-0557567 2.90M 4.60% 2.90M 2.90M IA, HC Bermuda 2022-01-31
10 LION POINT HOLDINGS GP, LLC 2.45M 4.10% 2.45M OO 2020-11-27
11 2. 2.41M 4.20% 2.41M 2.41M IA Kingdom of Norway 2018-02-08
12 Morgan Stanley 1.86M 3.10% 1.84M 1.86M HC, CO Delaware. 2020-02-12
13 Philip J. Hempleman 1.79M 3.90% 1.79M IN Delaware 2014-02-14
14 Morgan Stanley Capital Services LLC 1.68M 2.80% 1.68M 1.68M CO Delaware. 2020-02-12
15 JPMORGAN CHASE & CO13-2624428 1.54M 2.60% 1.54M 1.54M HC Delaware 2018-09-07
16 Ardsley Advisory Partners 1.43M 3.10% 1.43M IA, PN Delaware 2014-02-14
17 Ardsley Partners I 1.43M 3.10% 1.43M PN Delaware 2014-02-14
18 Ardsley Partners Fund II, L.P. 628.7K 1.40% 628.7K PN Delaware 2014-02-14
19 Fund, L.P. 521.3K 1.10% 521.3K PN Delaware 2014-02-14
20 Schroder Investment Management Ltd. 145.1K 0.25% 145.1K 145.1K FI 2021-02-12
21 SkyPower Canada Holdings 117.7K 0.30% 117.7K FI Alberta, Canada 2013-06-14
22 SkyPower Services, ULC 117.7K 0.30% 117.7K FI Alberta, Canada 2013-06-14
23 árl 117.7K 0.30% 117.7K FI Alberta, Canada 2013-06-14
24 Schroder Investment Management North America Ltd. 90.4K 0.15% 90.4K 90.4K IA 2021-02-12
25 Claren Road Asset Management, LLC 0.00% IA Delaware 2015-02-17
26 Schroder Investment Management Hong Kong 0.00% FI 2021-02-12
27 Schroder Investment Management Singapore Limited 0.00% FI 2021-02-12

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
97
-69 vs prev Q
New positions
22
Closed positions
74
Increased
40
Reduced
27
Put/Call ratio
0.38
Calls held
2.95M
Puts held
1.11M
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 MACKENZIE FINANCIAL CORP 2.88M -2.7M (-48.7%) 68.49M -4.8M (-6.5%) 4.27% -4.126 pp 0.08% -0.008 pp USD27.97 -15.0% 20 qtrs
2 SUSQUEHANNA INTERNATIONAL GROUP, LLP 2.71M +2.0M (+263.5%) 64.30M +54.6M (+562.7%) 4.00% +2.889 pp 0.01% +0.006 pp USD22.23 +6.9% 51 qtrs
3 D. E. SHAW & CO., INC. 2.68M +2.2M (+409.1%) 63.68M +56.8M (+828.1%) 3.96% +3.176 pp 0.03% +0.031 pp USD22.57 +5.3% 25 qtrs
4 INVESCO LTD. 2.10M -104.7K (-4.8%) 49.82M +21.1M (+73.6%) 3.10% -0.187 pp 0.01% +0.003 pp USD24.19 -1.7% 57 qtrs
5 POLUNIN CAPITAL PARTNERS LTD 2.01M +2.0M (+100.0%) 43.69M +43.7M (+100.0%) 2.97% +2.972 pp 6.73% +6.731 pp USD23.77 +0.0% 1 qtrs NEW
6 MORGAN STANLEY 1.69M +151.8K (+9.9%) 40.15M +20.1M (+100.3%) 2.50% +0.202 pp 0.00% +0.001 pp USD15.21 +56.3% 51 qtrs
7 LEGAL & GENERAL GROUP PLC 1.52M -527.4K (-25.7%) 36.22M +9.5M (+35.5%) 2.25% -0.810 pp 0.01% +0.002 pp USD15.15 +56.9% 30 qtrs
8 WALLEYE TRADING LLC 1.51M +1.5M (+6,719.5%) 35.82M +35.5M (+12,330.9%) 2.23% +2.196 pp 0.05% +0.051 pp USD23.61 +0.7% 70 qtrs
9 TWO SIGMA INVESTMENTS, LP 1.13M +248.0K (+28.0%) 26.94M +15.4M (+133.4%) 1.68% +0.354 pp 0.04% +0.021 pp USD15.39 +54.5% 2 qtrs
10 BLACKROCK, INC. 1.06M +207.2K (+24.4%) 25.11M +14.0M (+126.8%) 1.56% +0.294 pp 0.00% +0.000 pp USD18.13 +31.1% 6 qtrs
11 SHAH CAPITAL MANAGEMENT 970.0K -716.3K (-42.5%) 23.06M +1.1M (+4.9%) 1.43% -1.084 pp 4.45% +0.513 pp USD11.47 +107.2% 6 qtrs
12 BNP PARIBAS ARBITRAGE, SNC 744.3K +83.1K (+12.6%) 17.69M +9.1M (+105.2%) 1.10% +0.113 pp 0.01% +0.003 pp USD13.48 +76.3% 49 qtrs
13 PEAK6 LLC 661.3K +554.8K (+520.9%) 15.72M +14.3M (+1,031.9%) 0.98% +0.819 pp 0.03% +0.027 pp USD22.04 +7.8% 5 qtrs
14 STATE STREET CORP 601.9K -177.8K (-22.8%) 14.31M +4.1M (+40.7%) 0.89% -0.274 pp 0.00% +0.000 pp USD19.72 +20.5% 49 qtrs
15 GOLDMAN SACHS GROUP INC 591.4K -422.7K (-41.7%) 14.06M +833.6K (+6.3%) 0.87% -0.640 pp 0.00% +0.000 pp USD14.44 +64.6% 73 qtrs
16 TWO SIGMA ADVISERS, LP 422.8K +151.1K (+55.6%) 10.05M +6.5M (+183.7%) 0.63% +0.220 pp 0.02% +0.012 pp USD16.87 +40.9% 2 qtrs
17 UBS GROUP AG 400.0K +166.4K (+71.3%) 9.51M +6.5M (+212.2%) 0.59% +0.243 pp 0.00% +0.001 pp USD18.39 +29.3% 45 qtrs
18 DEUTSCHE BANK AG\ 378.8K +378.8K (+100.0%) 9.00M +9.0M (+100.0%) 0.56% +0.560 pp 0.00% +0.003 pp USD23.77 +0.0% 1 qtrs NEW
19 NOMURA HOLDINGS INC 376.0K +376.0K (+100.0%) 8.94M +8.9M (+100.0%) 0.56% +0.556 pp 0.01% +0.012 pp USD23.77 +0.0% 1 qtrs NEW
20 MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. 355.7K -425.9K (-54.5%) 8.46M -1.6M (-16.2%) 0.53% -0.641 pp 0.01% -0.004 pp USD13.50 +76.1% 7 qtrs
21 ROBOTTI ROBERT 342.6K -133.7K (-28.1%) 8.14M +1.9M (+31.1%) 0.51% -0.205 pp 1.46% +0.385 pp USD21.76 +9.2% 23 qtrs
22 JANE STREET GROUP, LLC 341.1K +279.5K (+453.7%) 8.11M +7.3M (+909.4%) 0.50% +0.412 pp 0.00% +0.001 pp USD22.25 +6.8% 6 qtrs
23 MILLENNIUM MANAGEMENT LLC 340.1K +203.1K (+148.2%) 8.08M +6.3M (+352.5%) 0.50% +0.298 pp 0.00% +0.003 pp USD18.61 +27.7% 23 qtrs
24 GUINNESS ASSET MANAGEMENT LTD 316.5K -43.5K (-12.1%) 7.69M +3.0M (+65.5%) 0.47% -0.070 pp 0.12% +0.051 pp USD36.64 -35.1% 46 qtrs
25 AI-SQUARED MANAGEMENT LTD 297.8K +297.8K (+100.0%) 7.08M +7.1M (+100.0%) 0.44% +0.440 pp 8.22% +8.219 pp USD23.77 +0.0% 1 qtrs NEW
26 POINT72 ASSET MANAGEMENT, L.P. 272.9K +272.9K (+100.0%) 6.49M +6.5M (+100.0%) 0.40% +0.404 pp 0.01% +0.007 pp USD23.77 +0.0% 1 qtrs NEW
27 BANK OF AMERICA CORP /DE/ 272.9K +130.2K (+91.3%) 6.49M +4.6M (+248.7%) 0.40% +0.191 pp 0.00% +0.000 pp USD15.98 +48.7% 52 qtrs
28 CERITY PARTNERS LLC 265.5K -98.4K (-27.0%) 6.31M +1.6M (+33.0%) 0.39% -0.151 pp 0.01% +0.002 pp USD15.23 +56.1% 12 qtrs
29 GF FUND MANAGEMENT CO. LTD. 263.4K +263.4K (+100.0%) 6.26M +6.3M (+100.0%) 0.39% +0.390 pp 0.11% +0.107 pp USD23.77 +0.0% 1 qtrs NEW
30 VOLORIDGE INVESTMENT MANAGEMENT, LLC 253.0K +253.0K (+100.0%) 6.01M +6.0M (+100.0%) 0.37% +0.374 pp 0.02% +0.021 pp USD23.77 +0.0% 1 qtrs NEW
31 CITIGROUP INC 250.0K +250.0K (+100.0%) 5.94M +5.9M (+100.0%) 0.37% +0.370 pp 0.00% +0.003 pp USD23.77 +0.0% 1 qtrs NEW
32 CITADEL ADVISORS LLC 242.8K +210.5K (+650.6%) 5.77M +5.4M (+1,268.2%) 0.36% +0.311 pp 0.00% +0.001 pp USD22.34 +6.4% 52 qtrs
33 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 217.4K -35.8K (-14.2%) 5.17M +1.9M (+56.5%) 0.32% -0.057 pp 0.00% +0.000 pp USD12.40 +91.7% 7 qtrs
34 BOOTHBAY FUND MANAGEMENT, LLC 171.1K +171.1K (+100.0%) 4.07M +4.1M (+100.0%) 0.25% +0.253 pp 0.06% +0.061 pp USD23.77 +0.0% 1 qtrs NEW
35 TUDOR INVESTMENT CORP ET AL 169.9K +169.9K (+100.0%) 4.04M +4.0M (+100.0%) 0.25% +0.251 pp 0.01% +0.008 pp USD23.77 +0.0% 1 qtrs NEW
36 JPMORGAN CHASE & CO 160.3K -411.6K (-72.0%) 3.81M -3.6M (-48.9%) 0.24% -0.617 pp 0.00% 0.000 pp USD11.68 +103.5% 50 qtrs
37 CAPTION MANAGEMENT, LLC 154.9K +154.9K (+100.0%) 3.68M +3.7M (+100.0%) 0.23% +0.229 pp 0.03% +0.025 pp USD23.77 +0.0% 1 qtrs NEW
38 JUMP FINANCIAL, LLC 145.6K -23.9K (-14.1%) 3.46M +1.3M (+56.6%) 0.22% -0.038 pp 0.04% +0.016 pp USD13.04 +82.3% 2 qtrs
39 HUSSMAN STRATEGIC ADVISORS, INC. 126.0K +126.0K (+100.0%) 3.00M +3.0M (+100.0%) 0.19% +0.186 pp 0.72% +0.724 pp USD23.77 +0.0% 1 qtrs NEW
40 KBC GROUP NV 123.6K +— (+0.0%) 2.94M +1.3M (+82.3%) 0.18% -0.002 pp 0.01% +0.003 pp USD26.90 -11.6% 47 qtrs
41 WALLEYE CAPITAL LLC 123.3K +33.6K (+37.5%) 2.93M +1.8M (+150.6%) 0.18% +0.048 pp 0.01% +0.005 pp USD15.82 +50.3% 14 qtrs
42 MARSHALL WACE, LLP 112.1K +91.1K (+433.1%) 2.66M +2.4M (+871.7%) 0.17% +0.134 pp 0.00% +0.002 pp USD21.76 +9.2% 2 qtrs
43 CENTIVA CAPITAL, LP 110.9K +110.9K (+100.0%) 2.64M +2.6M (+100.0%) 0.16% +0.164 pp 0.02% +0.022 pp USD23.77 +0.0% 1 qtrs NEW
44 SG AMERICAS SECURITIES, LLC 97.5K -138.8K (-58.8%) 2.32M -764.0K (-24.8%) 0.14% -0.209 pp 0.00% -0.007 pp USD13.19 +80.2% 48 qtrs
45 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 84.3K -21.7K (-20.5%) 2.00M +621.3K (+45.0%) 0.12% -0.034 pp 0.07% +0.014 pp USD10.26 +131.7% 5 qtrs
46 GEODE CAPITAL MANAGEMENT, LLC 81.7K +9.5K (+13.1%) 1.94M +999.9K (+106.2%) 0.12% +0.013 pp 0.00% +0.000 pp USD24.36 -2.4% 49 qtrs
47 WATERFRONT WEALTH INC. 82.8K -81.6K (-49.6%) 1.82M -493.6K (-21.3%) 0.12% -0.123 pp 0.35% -0.128 pp USD23.42 +1.5% 21 qtrs
48 K2 PRINCIPAL FUND, L.P. 75.0K +75.0K (+100.0%) 1.78M +1.8M (+100.0%) 0.11% +0.111 pp 0.14% +0.144 pp USD23.77 +0.0% 1 qtrs NEW
49 ACADIAN ASSET MANAGEMENT LLC 69.5K +69.5K (+100.0%) 1.65M +1.7M (+100.0%) 0.10% +0.103 pp 0.00% +0.003 pp USD23.77 +0.0% 1 qtrs NEW
50 SUSQUEHANNA PORTFOLIO STRATEGIES, LLC 67.1K +— (+0.0%) 1.60M +720.1K (+82.3%) 0.10% -0.001 pp 0.02% +0.011 pp USD11.04 +115.3% 3 qtrs
51 VERITION FUND MANAGEMENT LLC 63.5K -91.3K (-59.0%) 1.51M -509.3K (-25.2%) 0.09% -0.137 pp 0.01% -0.002 pp USD11.85 +100.6% 5 qtrs
52 ABRDN PLC 61.6K -16.1K (-20.8%) 1.46M +450.5K (+44.4%) 0.09% -0.025 pp 0.00% +0.001 pp USD15.54 +53.0% 24 qtrs
53 CAXTON ASSOCIATES LLP 55.2K +55.2K (+100.0%) 1.31M +1.3M (+100.0%) 0.08% +0.082 pp 0.03% +0.026 pp USD23.77 +0.0% 1 qtrs NEW
54 PINPOINT ASSET MANAGEMENT (SINGAPORE) PTE. LTD. 54.0K +46.5K (+619.8%) 1.28M +1.2M (+1,212.1%) 0.08% +0.069 pp 0.27% +0.250 pp USD22.28 +6.7% 2 qtrs
55 UBS OCONNOR LLC 48.0K +48.0K (+100.0%) 1.14M +1.1M (+100.0%) 0.07% +0.071 pp 0.12% +0.123 pp USD23.77 +0.0% 1 qtrs NEW
56 GUGGENHEIM CAPITAL LLC 47.5K -45.1K (-48.7%) 1.13M -78.5K (-6.5%) 0.07% -0.068 pp 0.01% -0.001 pp USD18.92 +25.6% 9 qtrs
57 BYRNE ASSET MANAGEMENT LLC 44.7K +— (+0.0%) 1.06M +479.8K (+82.3%) 0.07% -0.001 pp 0.59% +0.228 pp USD11.23 +111.7% 3 qtrs
58 GREEN ALPHA ADVISORS, LLC 38.8K +21.0 (+0.1%) 921.8K +416.4K (+82.4%) 0.06% -0.001 pp 0.84% +0.357 pp USD23.36 +1.8% 21 qtrs
59 NORTHERN TRUST CORP 37.9K +23.6K (+165.1%) 899.8K +713.5K (+383.2%) 0.06% +0.035 pp 0.00% +0.000 pp USD21.26 +11.8% 44 qtrs
60 JAIN GLOBAL LLC 37.2K +23.9K (+179.5%) 885.1K +711.4K (+409.5%) 0.06% +0.035 pp 0.00% +0.004 pp USD19.93 +19.3% 2 qtrs
61 SQUAREPOINT OPS LLC 37.1K -45.5K (-55.1%) 881.9K -195.2K (-18.1%) 0.05% -0.069 pp 0.00% 0.000 pp USD11.04 +115.3% 14 qtrs
62 QUADRATURE CAPITAL LTD 36.3K +36.3K (+100.0%) 863.3K +863.3K (+100.0%) 0.05% +0.054 pp 0.01% +0.009 pp USD23.77 +0.0% 1 qtrs NEW
63 CORECOMMODITY MANAGEMENT, LLC 28.0K -45.5K (-61.9%) 665.6K -293.0K (-30.6%) 0.04% -0.068 pp 0.14% -0.034 pp USD14.09 +68.7% 13 qtrs
64 CSS LLC/IL 27.6K +— (+0.0%) 656.1K +296.1K (+82.3%) 0.04% 0.000 pp 0.03% +0.013 pp USD21.66 +9.7% 10 qtrs
65 PROSPERA FINANCIAL SERVICES INC 27.5K -1.9K (-6.5%) 653.1K +269.7K (+70.4%) 0.04% -0.003 pp 0.01% +0.004 pp USD13.68 +73.8% 6 qtrs
66 UBS ASSET MANAGEMENT AMERICAS INC 27.3K +27.3K (+100.0%) 649.1K +649.1K (+100.0%) 0.04% +0.040 pp 0.00% +0.000 pp USD23.77 +0.0% 4 qtrs
67 SCULPTOR CAPITAL LP 27.3K +— (+0.0%) 648.9K +292.9K (+82.3%) 0.04% 0.000 pp 0.01% +0.003 pp USD13.04 +82.3% 2 qtrs
68 BRYN MAWR CAPITAL MANAGEMENT, LLC 24.7K +— (+0.0%) 585.9K +264.5K (+82.3%) 0.04% 0.000 pp 0.03% +0.012 pp USD23.10 +2.9% 10 qtrs
69 BANK OF NOVA SCOTIA 24.5K -40.0 (-0.2%) 581.5K +262.0K (+82.0%) 0.04% 0.000 pp 0.00% +0.000 pp USD17.28 +37.6% 15 qtrs
70 PATHSTONE HOLDINGS, LLC 24.2K -225.0 (-0.9%) 574.6K +256.4K (+80.6%) 0.04% -0.001 pp 0.00% +0.001 pp USD15.27 +55.7% 9 qtrs
71 GREAT WEST LIFE ASSURANCE CO /CAN/ 24.1K +4.3K (+21.9%) 574.0K +320.0K (+126.0%) 0.04% +0.006 pp 0.00% +0.001 pp USD16.06 +48.0% 24 qtrs
72 MITSUBISHI UFJ KOKUSAI ASSET MANAGEMENT CO., LTD. 22.5K -14.3K (-38.9%) 571.7K +91.5K (+19.1%) 0.03% -0.022 pp 0.00% +0.000 pp USD24.62 -3.5% 19 qtrs
73 GUINNESS ATKINSON ASSET MANAGEMENT INC 21.9K -1.9K (-7.9%) 532.4K +225.3K (+73.4%) 0.03% -0.003 pp 0.25% +0.105 pp USD36.58 -35.0% 46 qtrs
74 DAIWA SECURITIES GROUP INC. 22.4K +3.9K (+21.1%) 532.0K +291.0K (+120.7%) 0.03% +0.006 pp 0.00% +0.001 pp USD17.17 +38.4% 24 qtrs
75 QUANTBOT TECHNOLOGIES LP 22.3K -103.5K (-82.3%) 529.4K -1.1M (-67.7%) 0.03% -0.155 pp 0.02% -0.027 pp USD13.04 +82.3% 2 qtrs
76 POLEN CAPITAL MANAGEMENT LLC 22.2K +22.2K (+100.0%) 528.2K +528.2K (+100.0%) 0.03% +0.033 pp 0.00% +0.002 pp USD23.77 +0.0% 1 qtrs NEW
77 BANK OF MONTREAL /CAN/ 21.4K +9.2K (+75.3%) 508.8K +349.6K (+219.6%) 0.03% +0.013 pp 0.00% +0.000 pp USD27.68 -14.1% 50 qtrs
78 AMERICAN CENTURY COMPANIES INC 21.3K +133.0 (+0.6%) 506.1K +230.2K (+83.4%) 0.03% 0.000 pp 0.00% +0.000 pp USD32.38 -26.6% 11 qtrs
79 TEMPLETON & PHILLIPS CAPITAL MANAGEMENT, LLC 21.3K +— (+0.0%) 505.1K +228.0K (+82.3%) 0.03% 0.000 pp 0.34% +0.137 pp USD14.79 +60.7% 6 qtrs
80 PARALLAX VOLATILITY ADVISERS, L.P. 20.1K +— (+0.0%) 477.8K +215.7K (+82.3%) 0.03% 0.000 pp 0.00% +0.001 pp USD13.04 +82.3% 2 qtrs
81 BALYASNY ASSET MANAGEMENT L.P. 20.0K +20.0K (+100.0%) 474.9K +474.9K (+100.0%) 0.03% +0.030 pp 0.00% +0.001 pp USD23.77 +0.0% 3 qtrs
82 FEDERATION DES CAISSES DESJARDINS DU QUEBEC 19.7K -1.9K (-8.7%) 468.2K +186.8K (+66.4%) 0.03% -0.003 pp 0.00% +0.001 pp USD17.77 +33.8% 36 qtrs
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 85 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Kensho Clean Power ETF CNRG 2.81% 6.20M 0.45%
2 Global X Battery Tech & Lithium ETF ACDC.AX 2.46% 11.11M 0.69%
3 WisdomTree Renewable Energy UCITS ETF - USD Acc WRNW.MI 1.77% 771.0K 0.45%
4 Invesco WilderHill Clean Energy ETF PBW 1.64% 7.10M 0.64%
5 Invesco Solar ETF TAN 1.63% 25.93M 0.70%
6 Invesco Solar Energy UCITS ETF ISUN.L 1.63% 3.35M 0.69%
7 Fidelity Clean Energy ETF FRNW 1.03% 1.58M 0.39%
8 Invesco Global Clean Energy UCITS ETF GCED.L 0.90% 1.24M 0.60%
9 Invesco Global Clean Energy UCITS ETF GCLE.L 0.90% 1.24M 0.60%
10 Invesco Global Clean Energy ETF PBD 0.89% 1.74M 0.75%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.82
Neutral
Ratio by volume
1.78
Bullish
Buys
14
Sells
17
Shares acquired
78.2K
Shares disposed
43.8K
Cash buys
Cash sales
Net activity
+34,352
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-05-13 Zhu Xinbo Officer F-InKind D Common Stock 3 19.83 59.49 145,309 D
2026-05-13 Qu Shawn Xiaohua Director / Officer / 10% Owner M-Exempt D Restricted Share Units 8,133 0.00 45,019 D
2026-05-13 Marx Dylan Officer M-Exempt D Restricted Share Units 2,717 0.00 15,027 D
2026-05-13 Chen Yu (Kang) Officer M-Exempt D Restricted Share Units 2,711 0.00 11,946 D
2026-04-02 Wong Andrew Luen Cheung Director M-Exempt A Common Stock 770 0.00 1,756 D
2026-04-02 Templeton Lauren C Director M-Exempt D Restricted Share Units 770 0.00 22,968 D
2026-04-02 Ruda Harry E Director M-Exempt A Common Stock 770 0.00 46,152 D
2026-04-02 Parkin Colin Director A-Award A Restricted Share Units 28,542 0.00 28,542 D
2026-04-02 Chang Leslie Li Hsien Director M-Exempt D Restricted Share Units 770 0.00 22,968 D
2026-04-01 Qu Shawn Xiaohua Director M-Exempt A Common Stock 18,779 9.33 175.2K 13,771,441 D
2026-03-18 Zhu Xinbo Officer Restricted Share Unit 34,288 0.00 0 D
2026-03-18 Wong Pauline W. Officer Common Share 0 0.00 2,280 D
2026-03-18 Wong Andrew Luen Cheung Director Restricted Share Unit 21,538 0.00 0 D
2026-03-18 Templeton Lauren C Director Common Share 0 0.00 23,028 D
2026-03-18 Ruda Harry E Director Restricted Share Unit 21,538 0.00 0 D
2026-03-18 Qu Yuan Director Restricted Share Unit 8,309 0.00 0 D
2026-03-18 Qu Shawn Xiaohua Director Restricted Share Unit 53,152 0.00 0 D
2026-03-18 Parkin Colin Director Common Share 0 0.00 12,625 D
2026-03-18 Marx Dylan Officer Restricted Share Unit 17,744 0.00 0 D
2026-03-18 Chen Yu (Kang) Officer Common Share 0 0.00 2,546 D
2026-03-18 Chang Leslie Li Hsien Director Restricted Share Unit 21,538 0.00 0 D

Executive team

Top executives
EBIT / Employee
-1.7K
Shares Outstanding
67.82M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-15 SC 13G
2026-05-14 6-K
2026-05-14 4
2026-05-14 4
2026-05-14 4
2026-05-14 4
2026-05-14 3/A
2026-04-27 6-K
2026-04-10 20-F
2026-04-06 4

Executive team

NameTitleCompensationGender
Xiaohua Qu Chairman & CEO 962.0K
Colin Parkin President & Director 542.0K male
Huifeng Chang Senior Vice President & Chief Strategy Officer 541.0K
Xinbo Zhu Senior Vice President & Chief Financial Officer 459.0K male
Dylan Marx Chief Operating Officer 349.0K male
Yu Chen VP, Lead General Counsel & Chief Compliance Officer 290.0K female
Pauline W. Wong Corporate Secretary & General Counsel 185.0K female
Mary Ma Senior Supervisor of Investor Relations female
Kah Locke Tham Corporate Secretary & Corporate Controller male
Jeffrey Kalikow Interim Chief Compliance Officer male
Ismael Guerrero Arias Chief Executive Officer of Recurrent Energy male
Ed Job Managing Director of Investor Relations male
ESG Rating
B
SOLAR
2025
E (Environmental)
69.4 / 67.8
Company / Sector avg.
S (Social)
69.0 / 75.3
Company / Sector avg.
G (Governance)
67.2 / 63.0
Company / Sector avg.
ESG Total
68.5 / 68.7
Company / Sector avg.
ESG Score History SOLAR
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity
Transaction Date Disclosed Representative District Owner Type Amount Link
2020-10-28 2020-11-30 Susan A. Davis CA53 Spouse Purchase $15,001 - $50,000
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits