tariffs cloud outlook for solar stock By Investing.com
Canadian Solar Inc. (NASDAQ:), a leading manufacturer of solar photovoltaic modules and developer of large-scale solar projects, faces a complex market environment as it navigates policy shifts and tariff challenges in its key US market. Recent analyst reports highlight both the company’s strengths in energy storage and its vulnerabilities to changing trade policies. The company’s stock has declined significantly, trading near its 52-week low at $11.32, representing a 55.51% drop year-to-date. According to InvestingPro analysis, the company currently trades at a notably low Price/Book ratio of 0.26, suggesting potential undervaluation despite market challenges.
Financial Performance and Market Position
Canadian Solar demonstrated…