SolarEdge Technologies (NASDAQ:SEDG) Announces Quarterly Earnings Results

SolarEdge Technologies (NASDAQ:SEDG) announced its quarterly earnings results on Wednesday. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.07, FiscalAI reports. The business had revenue of $345.50 million for the quarter, compared to the consensus estimate of $341.15 million. SolarEdge Technologies had a negative return on equity of 38.66% and a negative net margin of 28.56%.The business’s revenue was up 19.6% compared to the same quarter last year. During the same period last year, the business posted ($0.81) EPS.

Here are the key takeaways from SolarEdge Technologies’ conference call:

• SolarEdge returned to profitability in Q2: revenue rose 20% year over year to $346 million, non-GAAP gross margin expanded to 28.6%, and the company reported non-GAAP operating income for the first time in nearly three years.
• Management expects Q3 revenue of $310 million-$340 million, with approximately $15 million of sequential decline in Europe from seasonality and continued softness in U.S. residential demand; it does not expect the usual U.S. third-quarter rebound.
• SolarEdge reported strong strategic-market momentum, including more than 50% share of recent U.S. C&I rooftop installations, European revenue more than doubling year over year, and over $20 million of Q2 revenue from retrofit upselling.
• The company is scaling its Nexis PV-and-storage platform, with more than $60 million of European shipments in Q2 and a U.S. volume rollout beginning in Q3; management also highlighted growing storage demand and financing-platform approvals.
• SolarEdge’s AI-factory power-conversion opportunity advanced from development to customer demonstrations, validating 99% efficiency and medium-voltage AC-to-DC conversion; the company targets lab completion by year-end, pilot installations in 2027, and volume shipments in 2028.

SolarEdge Technologies Stock Down 29.8%

Shares of NASDAQ:SEDG traded down $14.54 during trading hours on Wednesday, reaching $34.22. The stock had a trading volume of 15,503,639 shares, compared to its average volume of 3,477,133. SolarEdge Technologies has a 1 year low of $23.01 and a 1 year high of $81.25. The firm’s 50 day moving average is $55.66 and its 200-day moving average is $46.76. The stock has a market capitalization of $2.08 billion, a price-to-earnings ratio of -5.58 and a beta of 1.49. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.36 and a current ratio of 2.02.

Analysts Set New Price Targets

Several research firms recently commented on SEDG. UBS Group boosted their price objective on shares of SolarEdge Technologies from $36.00 to $41.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. increased their price objective on SolarEdge Technologies from $32.00 to $35.00 and gave the company a “neutral” rating in a report on Thursday, April 16th. TD Cowen lowered their price target on shares of SolarEdge Technologies from $85.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, July 20th. Citigroup cut their target price on shares of SolarEdge Technologies from $30.00 to $27.00 and set a “sell” rating for the company in a report on Thursday, May 7th. Finally, Glj Research restated a “sell” rating on shares of SolarEdge Technologies in a report on Thursday, June 11th. One research analyst has rated the stock with a Buy rating, twelve have given a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat, SolarEdge Technologies presently has a consensus rating of “Reduce” and a consensus price target of $38.93.

Key SolarEdge Technologies News

Here are the key news stories impacting SolarEdge Technologies this week:

• Positive Sentiment: SolarEdge reported second-quarter revenue of approximately $345.5 million, up 19.6% year over year and ahead of the roughly $341 million consensus estimate. Adjusted earnings of $0.05 per share also exceeded expectations, reflecting stronger European demand, higher battery sales and improving margins. SolarEdge Technologies’ Q2 Earnings Top Estimates, Revenues Rise Y/Y
• Positive Sentiment: The company’s return to adjusted operating profitability and continued battery and storage growth provide evidence that its turnaround and cost-control efforts are beginning to gain traction. SolarEdge forecasts weaker Q3 as US residential market remains challenging
• Neutral Sentiment: SolarEdge’s Nexis home energy system is now integrated with ConnectDER’s IslandDER meter collar, supporting whole-home backup installations and potentially improving the company’s residential product offering. ConnectDER’s IslandDER Meter Collar Powers Whole-Home Backup With New SolarEdge Nexis Home Energy System
• Negative Sentiment: SolarEdge forecast third-quarter 2026 revenue of $310 million to $340 million, with a midpoint of $325 million—about 12% below analysts’ expectations near $368 million to $372 million. The guidance suggests that near-term demand remains under pressure. SolarEdge forecasts weaker Q3 as US residential market remains challenging
• Negative Sentiment: Management cited ongoing weakness in the U.S. residential solar market, where high interest rates and uncertain customer demand continue to delay installations. The disappointing outlook overshadowed the quarterly earnings beat and raised concerns that the turnaround remains incomplete. Why SolarEdge Stock Crashed After Earnings
• Negative Sentiment: Despite the improvement from last year, SolarEdge remains unprofitable on a GAAP basis, with a negative net margin and negative return on equity. The weak forecast also pressured broader solar stocks as investors reassessed sector demand.

Insider Buying and Selling

In other SolarEdge Technologies news, Chairman More Avery sold 2,566 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $38.76, for a total value of $99,458.16. Following the sale, the chairman directly owned 295,379 shares in the company, valued at $11,448,890.04. This trade represents a 0.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.04% of the stock is owned by company insiders.

Institutional Trading of SolarEdge Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SEDG. State of Wyoming purchased a new position in shares of SolarEdge Technologies in the 4th quarter valued at $27,000. Kestra Advisory Services LLC acquired a new position in shares of SolarEdge Technologies in the 4th quarter valued at $31,000. Altshuler Shaham Ltd acquired a new position in SolarEdge Technologies in the fourth quarter valued at $36,000. Empowered Funds LLC purchased a new stake in SolarEdge Technologies during the 4th quarter valued at approximately $44,000. Finally, Canada Pension Plan Investment Board purchased a new position in SolarEdge Technologies during the 2nd quarter worth $35,000. Institutional investors and hedge funds own 95.10% of the company’s stock.

SolarEdge Technologies Company Profile

SolarEdge Technologies (NASDAQ: SEDG) is a global provider of solar energy solutions focused on optimizing photovoltaic (PV) power generation. The company’s core offerings include power optimizers, inverters and cloud-based monitoring platforms designed to maximize energy output and improve safety across residential, commercial and utility-scale installations. By coupling module-level electronics with centralized inverters, SolarEdge’s technology enables real-time performance monitoring and rapid fault detection to enhance system reliability.

In recent years, SolarEdge has expanded its product portfolio beyond solar PV to include energy storage systems, electric vehicle (EV) charging solutions and smart energy management tools.