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Canadian Solar (CSIQ) Competitors

Canadian Solar logo
$7.46 +0.28 (+3.90%)
Closing price 04/17/2025 04:00 PM Eastern
Extended Trading
$7.48 +0.02 (+0.25%)
As of 04/17/2025 05:34 PM Eastern
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CSIQ vs. PI, NN, KLIC, SIMO, LUNR, HIMX, DQ, PL, PENG, and BELFA

Should you be buying Canadian Solar stock or one of its competitors? The main competitors of Canadian Solar include Impinj (PI), NextNav (NN), Kulicke and Soffa Industries (KLIC), Silicon Motion Technology (SIMO), Intuitive Machines (LUNR), Himax Technologies (HIMX), Daqo New Energy (DQ), Planet Labs PBC (PL), Penguin Solutions (PENG), and Bel Fuse (BELFA). These companies are all part of the "electronic equipment" industry.

Canadian Solar vs.

Canadian Solar (NASDAQ:CSIQ) and Impinj (NASDAQ:PI) are both small-cap energy companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, institutional ownership, media sentiment, community ranking, dividends, risk and profitability.

Canadian Solar has a beta of 1.33, suggesting that its share price is 33% more volatile than the S&P 500. Comparatively, Impinj has a beta of 1.74, suggesting that its share price is 74% more volatile than the S&P 500.

Canadian Solar received 67 more outperform votes than Impinj when rated by MarketBeat users. However, 68.56% of users gave Impinj an outperform vote while only 58.35% of users gave Canadian Solar an outperform vote.

CompanyUnderperformOutperform
Canadian SolarOutperform Votes
538
58.35%
Underperform Votes
384
41.65%
ImpinjOutperform Votes
471
68.56%
Underperform Votes
216
31.44%

Impinj has a net margin of 11.15% compared to Canadian Solar's net margin of 0.01%. Impinj's return on equity of 7.11% beat Canadian Solar's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Solar0.01% 0.02% 0.01%
Impinj 11.15%7.11%1.90%

Canadian Solar has higher revenue and earnings than Impinj. Canadian Solar is trading at a lower price-to-earnings ratio than Impinj, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Solar$5.99B0.08$274.19M$0.3819.63
Impinj$366.09M5.35$40.84M$1.3650.49

In the previous week, Canadian Solar had 3 more articles in the media than Impinj. MarketBeat recorded 12 mentions for Canadian Solar and 9 mentions for Impinj. Impinj's average media sentiment score of 1.27 beat Canadian Solar's score of 0.51 indicating that Impinj is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Solar
3 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Impinj
7 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

52.4% of Canadian Solar shares are owned by institutional investors. 21.5% of Canadian Solar shares are owned by insiders. Comparatively, 51.0% of Impinj shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Canadian Solar presently has a consensus target price of $17.54, suggesting a potential upside of 135.16%. Impinj has a consensus target price of $183.44, suggesting a potential upside of 167.14%. Given Impinj's stronger consensus rating and higher probable upside, analysts clearly believe Impinj is more favorable than Canadian Solar.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Solar
3 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.20
Impinj
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
3.00

Summary

Impinj beats Canadian Solar on 14 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CSIQ vs. The Competition

MetricCanadian SolarSemiconductors & related devices IndustryEnergy SectorNASDAQ Exchange
Market Cap$493.55M$45.40B$6.96B$7.35B
Dividend YieldN/A2.78%11.03%4.31%
P/E Ratio-62.1733.7544.3517.77
Price / Sales0.0883.7519,424.7697.65
Price / Cash1.2926.4935.4434.64
Price / Book0.135.593.393.98
Net Income$274.19M$751.41M$4.28B$247.44M
7 Day Performance0.54%0.31%3.26%1.82%
1 Month Performance-23.72%-17.43%-6.62%-6.98%
1 Year Performance-48.66%10.12%143.85%1.49%

Canadian Solar Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CSIQ
Canadian Solar
2.7626 of 5 stars
$7.46
+3.9%
$17.54
+135.2%
-50.7%$493.55M$5.99B-62.1713,500Analyst Upgrade
Analyst Revision
PI
Impinj
4.2205 of 5 stars
$67.75
+1.5%
$183.44
+170.8%
-42.8%$1.93B$366.09M49.82390Upcoming Earnings
Positive News
NN
NextNav
2.2655 of 5 stars
$12.43
+2.7%
$20.00
+60.9%
+51.6%$1.63B$5.67M-16.5760Positive News
KLIC
Kulicke and Soffa Industries
3.491 of 5 stars
$30.34
+1.6%
$52.00
+71.4%
-36.9%$1.62B$701.17M252.833,170Positive News
SIMO
Silicon Motion Technology
4.3219 of 5 stars
$42.62
+5.4%
$80.63
+89.2%
-47.2%$1.44B$803.55M15.841,546
LUNR
Intuitive Machines
2.9608 of 5 stars
$7.78
+0.8%
$16.00
+105.7%
+48.7%$1.39B$228M-2.651Insider Trade
Gap Down
HIMX
Himax Technologies
4.2292 of 5 stars
$6.59
+4.3%
$15.00
+127.6%
+30.3%$1.15B$906.80M14.642,164Positive News
DQ
Daqo New Energy
2.7862 of 5 stars
$14.60
+5.7%
$22.26
+52.5%
-37.5%$963.70M$1.03B-7.892,400Analyst Downgrade
Short Interest ↑
Positive News
Gap Up
PL
Planet Labs PBC
3.3819 of 5 stars
$3.17
flat
$5.98
+88.6%
+84.3%$958.14M$244.35M-7.73800Options Volume
PENG
Penguin Solutions
2.4192 of 5 stars
$17.08
+3.3%
$24.94
+46.0%
N/A$916.82M$1.32B-32.852,700Analyst Forecast
Gap Down
BELFA
Bel Fuse
2.6211 of 5 stars
$67.63
+2.9%
$115.00
+70.0%
-4.7%$848.01M$534.79M21.896,300Upcoming Earnings
Ex-Dividend
Short Interest ↓
News Coverage
Gap Down

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This page (NASDAQ:CSIQ) was last updated on 4/18/2025 by MarketBeat.com Staff
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