Does CSIQ pay a dividend and is it safe?

Canadian Solar Inc. (ON) (CSIQ) offers a 0% cash dividend yield ($0.00 annualized) and 1.8% total shareholder yield including buybacks. Roarable rates its payout coverage as REINVESTING IN GROWTH + BUYBACKS.

Stock Ratings / Technology / CSIQ / dividends

KOPN (28) AOSL (29) ARRY (31) DQ (25) ⌘ Pro Terminal →

Canadian Solar Inc. (ON) (CSIQ) Dividend Safety Gauge & 10-Year DRIP Compounder

$9.41 +1.62% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $9.42

Canadian Solar Inc. (ON) (CSIQ) carries a Roarable Rating of E (Strong Sell) with 22/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE E • RED ALERT Cap $638.2M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on CSIQ Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is CSIQ stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, Canadian Solar Inc. (ON) (NASDAQ: CSIQ) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 22/100 at a spot price of $9.41 (+1.62% 1D, market cap $638.2M). Pillar breakdown: Fundamental Cash Engine 6/20, Institutional 13F & Options Flow 4/20, SEC Balance-Sheet Forensics 4/20, FRED Macro Regime Fit 5/20, and Executive Insider Alignment 3/20. Across 715 tracked Technology issuers, CSIQ ranks #685 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does CSIQ compare to KOPN and AOSL in the Technology sector?

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Within the Technology sector (Semiconductors), CSIQ carries a Roarable E (22/100 RQD), trailing P/E of N/A, gross margin of 18.3%, and ROIC of 2.4%. By comparison, KOPN (Kopin Corporation) holds a E grade (28/100 RQD, P/E N/A, ROIC -20.8%, cap $639.4M) and AOSL (Alpha and Omega Semiconductor Limited) posts a E grade (29/100 RQD, P/E N/A, ROIC -3.6%, cap $644.0M). Among the 5-stock peer group, CSIQ leads on earnings multiple (N/A) while CSIQ leads on capital efficiency (2.4% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for CSIQ?

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Per CSIQ's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001375877), Canadian Solar Inc. (ON) generated $5.60B in revenue (-6.6% YoY), -$104.1M in net income, and -$252.7M in free cash flow against $15.17B in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Technology with deep daily trading liquidity. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $9.42 (+0.10%)🧬 Dilution Drag (+1.28% YoY Shares)⚙️ Cash Engine: 6/20 (E) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (22/100 · E) historically underperformed SPY in 71% of rolling 90-day windows (-11.4% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERRED ALERT • E

3-of-3 Quant Analysts Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR RQD RADARRw E · Rk E

Each axis scored 0–20

12M PRICE TARGET CONE-16.2% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for CSIQ)Realized 20D OHLCV Swing Band: ±11%

Deterministic 5-Pillar Attribution (22/100 Composite)

🔍 WHY CSIQ SCORES 22/100 (E) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Cash Engine Quality+6/20 pts (27% of score)

SEC XBRL FY 2025 (10-K): 0% FCF Margin ($0 FCF) & 18.3% Gross Margin

▲ #2 Bullish Driver: Macro Regime Fit+5/20 pts (23% of score)

FRED Regime × Technicals: 2% of 52W Range • RSI-14 at 39.4 (NEUTRAL RANGE)

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution4/20 pts (-16 pt drag)

Dilution Drag (+1.28% YoY Shares) & executive Form 4 sales trim 16 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade E$10.33-4.8% Next Q

Q2 (-2Q)

Grade E$9.83-2.4% Next Q

Q3 (-1Q)

Grade E$9.59-1.9% Next Q

Current

Grade E$9.41-11.4% Hist 90D α

Trajectory: E (30) → E (22)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a CSIQ Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While CSIQ currently carries a cautious 22/100 (E) rating due to Insider Conviction & Share Dilution (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Technology with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($11.26) and Max Pain ($9.88) forces dealer call-delta covering toward $36.32.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+1.28% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $CSIQ• $4.8M Crowd Pool • Kalshi / Polymarket Composite

Contract: “CSIQ Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”

YES 22%NO 78%Trade / Inspect Odds →

CASH DIVIDEND + BUYBACK YIELD

1.8% Total Yield

0% Cash ($0.00/yr) + 1.8% Buybacks

PAYOUT SAFETY SPEEDOMETER

74/100 • REINVESTING IN GROWTH + BUYBACKS

FREE CASH FLOW PAYOUT RATIO

0% (100% Reinvested)

Retains cash flow for R&D and share repurchases

INTERACTIVE DRIP & SHAREHOLDER-YIELD COMPOUNDER (6.8% EST. ANNUAL)

$10,000 Compounded Over 10 Years → $19,307

Est. Year-10 Shareholder Yield: $348/yr

Starting Investment: $10,000

Compounding Horizon: 10 Years

$10.7K

Yr 1

$11.4K

Yr 2

$12.2K

Yr 3

$13.0K

Yr 4

$13.9K

Yr 5

$14.8K

Yr 6

$15.8K

Yr 7

$16.9K

Yr 8

$18.1K

Yr 9

$19.3K

Yr 10

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring CSIQ)

✓Walkthrough of CSIQ's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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CSIQ // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -43.99%🛡️ HOLDING TREND SUPPORT

2026-11-04O $9.26H $9.41L $9.26C $9.41VOL 1.50M

RES: $10.72SUP: $8.34SMA50: $11.26SMA200: $15.20

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

CSIQ Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 CSIQ Butterfly Map → + Track CSIQ →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

-3.0%/yr Implied 5Y Growth

vs. -6.6% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on CSIQ today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for CSIQ. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for CSIQ today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (CSIQ)

Technology Rank #685 of 715 ⚔️ KOPN vs CSIQ Full Matrix →

1. Head-to-Head Technology Peer Comparison (CSIQ vs. KOPN, AOSL, ARRY, DQ)

Industry: Semiconductors (95 Tracked Issuers)

Across 715 tracked Technology securities in the Roarable RQD universe, Canadian Solar Inc. (ON) (CSIQ) ranks #685 by composite RQD confidence (22/100, grade E) and #398 by equity capitalization ($638.2M). Within this direct 5-issuer industry benchmark cohort, CSIQ leads on earnings valuation at N/A trailing P/E, while CSIQ leads on capital efficiency and profitability with 2.4% ROIC and 18.3% gross margin. ARRY currently holds the highest overall quantitative score in the immediate peer group at 31/100 (E) compared with CSIQ at 22/100 (E).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
CSIQ ACTIVE Canadian Solar Inc. (ON)	E	22/100	—	18.3%	2.4%	+1.62%	$638.2M	Benchmark Subject
KOPN Kopin Corporation	E	28/100	—	—	-20.8%	-9.23%	$639.4M	/kopn-vs-csiq →
AOSL Alpha and Omega Semiconductor Limited	E	29/100	—	23.1%	-3.6%	-7.53%	$644.0M	/aosl-vs-csiq →
ARRY Array Technologies Inc.	E	31/100	—	23.2%	-11.0%	+12.09%	$585.2M	/arry-vs-csiq →
DQ DAQO New Energy Corp. each representing five	E	25/100	—	-20.7%	-6.0%	-3.25%	$705.1M	/dq-vs-csiq →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001375877 ↗

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Canadian Solar Inc. (ON) (CSIQ) reported GAAP revenue of $5.60B (-6.6% vs. FY2024 revenue of $5.99B , and +340.8% cumulative change since FY2023) , GAAP net income of -$104.1M, operating cash flow of -$252.7M, and free cash flow of -$252.7M (+71.5% YoY). On the balance sheet, CSIQ closed FY2025 with $15.17B in total assets against $0 in total debt (Altman Z-Score: 0.56, Piotroski F-Score: 1/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$5.60B	-$104.1M	-$252.7M	-$252.7M	$15.17B	—
FY2024 (FY)	2024-12-31	$5.99B	$36.1M	-$885.3M	-$885.3M	$13.51B	—
FY2023 (FY)	2023-12-31	$1.27B	$274.2M	$684.6M	$684.6M	—	—

3. CSIQ Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is CSIQ stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does CSIQ compare to KOPN and AOSL in the Technology sector?

What are the biggest fundamental strengths and SEC risk factors for CSIQ?

Where is CSIQ trading relative to its 50-day, 200-day, and 52-week technical levels?

CSIQ last traded at $9.41 (+1.62% on volume of 1,504,474 shares), positioning the stock -16.43% below its 50-day simple moving average ($11.26) and -38.09% below its 200-day simple moving average ($15.20). Across its 52-week range of $8.79 to $34.59, CSIQ sits at the 2.4% percentile with a 14-day RSI of 39.4 (NEUTRAL RANGE) and an implied next-earnings move of ±11.0% ($8.37 to $10.45).

Direct Sub-Reports: CSIQ RQD Cockpit CSIQ 12M Forecast CSIQ Earnings & Move CSIQ Dividends & DRIP CSIQ Insiders & 13F CSIQ Whale Options CSIQ Profit Sankey CSIQ News & Why

ROARABLE RATING BRIEF • RQD 22/100 (E) ✓ SEC XBRL & RQD VERIFIED

CSIQ — Canadian Solar Inc. (ON): What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

Canadian Solar Inc. (ON) (CSIQ) earns a live Roarable RQD composite score of 22/100, corresponding to a E letter grade (Roarable Strong Sell) at a spot price of $9.41 (+1.62% 1D, market capitalization $638.2M).

Fundamental Cash Engine (6/20): Anchored by return on invested capital (ROIC) of 2.4%, gross margin of 18.3%, operating margin of 0.8%, and free cash flow yield of —.
Whale 13F & Options Flow (4/20) + Insider Conviction (3/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (5/20) + Forensic Balance Sheet (4/20): Incorporates a 1.00x equity beta, Altman Z-Score of 0.56, Piotroski F-Score of 1/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

. (ON) is a NASDAQ-listed issuer in the Technology sector and Semiconductors industry, with a market capitalization of $0.6B. Per the recent news wire, its activities include solar project development and battery storage, such as a battery project planned near a former coal mine, a 200 MWp solar project in Spain, and the sale of two BESS projects in France.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Canadian Solar Inc. (ON) (CSIQ) reported $5.60B in annual revenue (up from $5.99B in FY2024, -6.6% YoY) and -$104.1M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($1.27B revenue, $274.2M net income) through FY2025, CSIQ scaled operating cash flow to -$252.7M and free cash flow to -$252.7M, backed by $15.17B in total assets against $0 in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (E • RQD 22/100): Established market leader in Technology with deep daily trading liquidity. Free cash flow yield of — and institutional whale pillar of 4/20. With Fundamental Cash Engine at 6/20 and Institutional Whale Flow at 4/20, sustained execution supports upside toward the upper end of the $8.79 – $34.59 52-week range.
🐻 Primary Bear Case & Valuation Risk: Company executives have done more routine share selling than personal cash buying lately. Investors must weigh current valuation and 7.3x EV/EBITDA against 0.8% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Operating in Semiconductors (Technology), CSIQ carries a macro regime beta of 1.00 and gross margin of 18.3%.

Key Question #1: Can CSIQ sustain or expand its 0.8% operating margin and 2.4% ROIC against Semiconductors peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $5.60B and free cash flow of -$252.7M, how will capital allocation balance growth reinvestment against $0 in total debt?
Key Question #3: How sensitive is CSIQ's equity valuation to Technology capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

CSIQ Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Canadian Solar Inc. (ON) (CSIQ) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to CSIQ Debate Forum (3) ↓

🟡 MARKET WIRE Stock Titan • 1d ago

A battery project is planned to move solar power from midday into the evening near a former coal mine.

Stock Titan report covering Canadian Solar Inc. (ON) (CSIQ) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

Recurrent Energy Achieves Commercial Operation of 200 MWp Villameca Solar Project in Spain

Yahoo Finance report covering Canadian Solar Inc. (ON) (CSIQ) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

Recurrent Energy Completes Sale of Two 100 MW / 400 MWh BESS Projects in France to BW ESS

Yahoo Finance report covering Canadian Solar Inc. (ON) (CSIQ) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo • 5d ago

Big Batteries Haven't Peaked Yet; These Energy-Storage Players Dominate

Tesla stock: The energy-storage market is on track to bring 188 gigawatts online this year, up 45% from last year and more than ever before.

Read Full Source ↗

🟡 MARKET WIRE Benzinga • 7d ago

Live On CNBC, Josh Brown Hosts Segment Titled "Josh's Best Stocks In The Market: KLA Corp"

Read Full Source ↗

🟢 CATALYST Yahoo • 11d ago

Canadian Solar (CSIQ) Expands U.S. Manufacturing for the Next Phase of Growth

White Falcon’s Q3 2026 letter reports 2.7% quarterly and 4.6% year-to-date net returns. The letter can be downloaded here. Management attributes the underperformance mainly to a sharp September pullback, rising interest

Read Full Source ↗

🟡 MARKET WIRE Benzinga • 12d ago

Cohu shares are trading lower after the company reported worse-than-expected Q4 adjusted EPS results.

Read Full Source ↗

🟡 MARKET WIRE Yahoo • 13d ago

Should You Buy First Solar Stock For Its Cash?

For questions about this article or underlying research, email help@trefis.com.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

CSIQ Bull vs. Bear Conversation Board — What's Your Call at $9.41?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON CSIQ 🐻 33% BEARISH CONVICTION

BR BreakoutHunter RQD DEBATE OPENER • Swing & Catalyst Trader 🐂 BULLISH 🎯 Target: $12.22 (+32.0%)

📌 Pinned Debate

Operating income swung from -$30.1M in FY 2024 to $43.2M in FY 2025 while EV/EBITDA sits at 7.3 and cash remained at $1.37B.

Long CSIQ at $9.26 targeting $12.22. Operating income swung from -$30.1M in FY 2024 to $43.2M in FY 2025 while EV/EBITDA sits at 7.3 and cash remained at $1.37B.. Institutional whale score is 4/20 and the risk/reward vs. the $8.79 52-week low is skewed heavily in favor of bulls.

EarningsSniper 🐂 BULL

@MultipleCompression Shorting a 4/20 institutional whale-flow stock at $9.26 is dangerous when funds are rotating into Technology.

MU MultipleCompression RQD DEBATE OPENER • Valuation Discipline 🐻 BEARISH 🎯 Target: $6.95 (-24.9%)

Spot @ $9.26

Forensic scores are weak with Altman Z at 0.56 and Piotroski F at 1/9, FCF was -$252.7M in FY 2025, and FCF yield is 0%.

I respect the product at Canadian Solar Inc. (ON), but the stock at $9.26 is a different story. Forensic scores are weak with Altman Z at 0.56 and Piotroski F at 1/9, FCF was -$252.7M in FY 2025, and FCF yield is 0%.. FCF yield is 0.0% and RQD sits at 22/100 (E) — why pay up here when you can wait for next quarter's numbers?