CSIQ (Canadian Solar) Momentum Rank: 8 (As of Aug. 15, 2026) — 33% Above Median

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CSIQ Canadian Solar Inc CSIQ
80 GF Score
Price $15.14
GF Value $14.77
Valuation Fairly Valued
! 9 Warning Signs
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What is Canadian Solar Momentum Rank?

Canadian Solar CSIQ -1.11% 80 Momentum Rank is 8 as of Aug. 15, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates CSIQ with a GF Score™ of 80/100 and a GF Value™ of $14.77 (Fairly Valued). The stock has 9 warning signs investors should review.

Canadian Solar has the Momentum Rank of 8.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Canadian Solar Momentum Rank Related Terms

CSIQ vs ARRY, JKS, SHLS: Momentum Rank Comparison

For the Solar subindustry, Canadian Solar's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canadian Solar Momentum Rank vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Canadian Solar's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Canadian Solar's Momentum Rank falls into.


CSIQ
80GF Score
Canadian Solar Inc CSIQ
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 8 mean?
Canadian Solar (CSIQ) has a Momentum Rank of 8 as of Aug. 15, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Canadian Solar and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Canadian Solar's Momentum Rank has ranged from 1.00 to 10.00.
Is Canadian Solar's Momentum Rank too high?
Canadian Solar's current Momentum Rank of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. Overall, Canadian Solar has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Solar's Momentum Rank compare to ARRY and JKS?
Canadian Solar's Momentum Rank of 8 can be compared against companies in the Semiconductors industry. Historically, Canadian Solar's own Momentum Rank has ranged from 1.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Momentum Rank for a Semiconductors company?
A good Momentum Rank depends on the Semiconductors industry context. However, Momentum Rank should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Canadian Solar and its competitors. Canadian Solar's current Momentum Rank is 8, which is 33% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Solar stock overvalued right now?
Based on GuruFocus' analysis, Canadian Solar (CSIQ) is currently considered Fairly Valued. The stock's GF Value™ is $14.77, compared to a current price of $15.14 — trading 2.5% above its estimated fair value. The current Momentum Rank is 8, which is 33% above median its 10-year median of 6.00. Canadian Solar's overall GF Score™ is 80/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For Canadian Solar (CSIQ), the current Momentum Rank is 8 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canadian Solar (CSIQ) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Solar stock appears to be overvalued. The current stock price of $15.14 is trading 2.5% above its estimated GF Value™ of $14.77. GuruFocus considers Canadian Solar to be Fairly Valued.

Key valuation signals for CSIQ:

  • Momentum Rank: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: $14.77 vs. price of $15.14 (2.5% above fair value)
  • GF Score™: 80/100 with 9 warning signs

No single metric tells the full story. See the CSIQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Canadian Solar Business Description

Other Exchanges CSIQN:MexicoL5A:Germany
Address 4273 King Street East, Suite 102, Kitchener, ON, CAN, N2P 2E9
Canadian Solar Inc is a Canadian solar technology and renewable energy company. It is a manufacturer of solar photovoltaic modules, a provider of battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects. The company is organized in two segments: Manufacturing segment, comprising CS PowerTech, which focuses on manufacturing and sales of solar products, battery energy storage products, and other power technology products for the U.S. market and CSI Solar, which serves all other world-wide markets; and Recurrent Energy segment, which focuses on solar power and battery storage project development, asset sales, power services, and electricity revenue from its operating portfolio. It derives maximum revenue from Manufacturing segment.
80GF Score

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Momentum Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.14
Price
$14.77
GF Value