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Canadian Solar ( (CSIQ) ) has shared an announcement.
On January 13, 2026, Canadian Solar Inc. closed its previously announced private offering of US$230 million aggregate principal amount of 3.25% convertible senior notes due 2031, including the full exercise of an option by initial purchasers to buy an additional US$30 million. The transaction, sold to qualified institutional buyers under Rule 144A, generated approximately US$223.1 million in net proceeds after discounts and expenses, strengthening the company’s funding base as it continues to expand its global solar and battery energy storage manufacturing and project development activities, and potentially supporting its long-term strategy as an owner and operator of clean energy assets.
The most recent analyst rating on (CSIQ) stock is a Sell with a $18.00 price target. To see the full list of analyst forecasts on Canadian Solar stock, see the CSIQ Stock Forecast page.
Spark’s Take on CSIQ Stock
According to Spark, TipRanks’ AI Analyst, CSIQ is a Neutral.
The score is held back primarily by weak financial performance (sharp revenue decline, high leverage, and negative operating/free cash flow). Technicals also remain bearish with the stock below key moving averages and negative MACD. Offsetting these, the latest earnings call showed strength in energy storage and solid revenue execution, but cash burn, rising debt, and litigation risk keep the overall profile cautious.
To see Spark’s full report on CSIQ stock, click here.
More about Canadian Solar
Canadian Solar Inc., founded in 2001 and headquartered in Kitchener, Ontario, is one of the world’s largest solar technology and renewable energy companies. It manufactures solar photovoltaic modules, provides solar and battery energy storage solutions, and develops, owns and operates utility-scale solar and battery storage projects worldwide. The company has delivered nearly 170 GW of solar modules and over 16 GWh of battery energy storage through its e-STORAGE subsidiary, has developed around 12 GWp of solar and 6 GWh of storage projects, and maintains a globally diversified development pipeline of 25 GWp of solar and 81 GWh of storage capacity. Canadian Solar has been listed on NASDAQ since 2006.
Average Trading Volume: 5,332,368
Technical Sentiment Signal: Hold
Current Market Cap: $1.3B
Learn more about CSIQ stock on TipRanks’ Stock Analysis page.