MetaCap

Canadian Solar (CSIQ) vs Shoals Technologies Group (SHLS)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Shoals Technologies Group (SHLS) has outperformed Canadian Solar (CSIQ) over the past year, losing 1.8% versus a loss of 22.0%. Over five years, CSIQ leads with a -69.4% price change compared with -70.3% for SHLS. Shoals Technologies Group is the larger company by market cap ($1.36 billion vs $721.7 million), about 1.9 times the size.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

CSIQ-22.04%SHLS-1.76%
+141%+50%-41%
Oct 7, 20251 yearOct 7, 2026
CSIQ-65.94%SHLS-69.47%
+41%-27%-96%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

CSIQ versus SHLS key metrics
MetricCSIQSHLS
Share price$10.63$8.09
Market cap$721.74M$1.36B
1-day change-5.51%-3.58%
YTD return-52.67%-1.29%
1-year return-22.04%-1.76%
5-year return-69.35%-70.28%
P/E ratio (TTM)—42.58
Forward P/E—14.61
EPS (TTM)$-3.85$0.19
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
52-week high$34.59$13.18
52-week low$10.34$5.43
Distance from 52-week high-69.27%-38.62%
Analyst consensusholdbuy
Avg. price target upside+67.92%+38.07%
Average volume1.93M4.94M
Shares outstanding67.90M168.30M
Employees12,5871,480
SectorTechnologyTechnology
IndustrySemiconductorsSemiconductors

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • SHLS has outperformed CSIQ by 20.3 percentage points over the past year.

About Canadian Solar

CSIQ stock →

Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in Asia, the United States, Europe, and internationally. It operates through two segments, Manufacturing and Recurrent Energy.

Technology · Semiconductors · 12,587 employees

About Shoals Technologies Group

SHLS stock →

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally.

Technology · Semiconductors · 1,480 employees

CSIQ vs SHLS FAQ

Which is bigger, Canadian Solar or Shoals Technologies Group?

Shoals Technologies Group (SHLS) is larger, with a market capitalization of $1.36B compared with $721.74M for Canadian Solar (CSIQ).

Which stock has performed better over the past year, CSIQ or SHLS?

SHLS returned -1.76% over the past 12 months, compared with -22.04% for CSIQ (price return, excluding dividends). Past performance does not predict future results.

Are Canadian Solar and Shoals Technologies Group in the same industry?

Yes. Both are classified in the Semiconductors industry within the Technology sector.

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