What to Expect From Canadian Solar Inc. in 2018
![What to Expect From Canadian Solar Inc. in 2018 What to Expect From Canadian Solar Inc. in 2018](https://g.foolcdn.com/editorial/images/465406/gettyimages-459874203.jpg)
Shares of Canadian Solar Inc. (NASDAQ: CSIQ) have surged 48% higher in 2017 as higher-than-expected demand made its way to the solar industry and solar panel prices stabilized. The company hasn't reported eye-popping profits, but it isn't losing money either, which was a distinct possibility coming into the year.
As we near the end of 2017, it's worth considering what Canadian Solar's future looks like in 2018. It may be a year of transformation in more ways than one.
Image source: Getty Images.
Source: Fool.com
Canadian Solar Inc. Stock
Our community is currently high on Canadian Solar Inc. with 10 Buy predictions and 4 Sell predictions.
Based on the current price of 14.95 € the target price of 33 € shows a potential of 120.74% for Canadian Solar Inc. which would more than double the current price.