Latest news with #SolarEdge
Yahoo
2 days ago
- Business
- Yahoo
GLJ upgrades SolarEdge to Hold on ‘solar friendly' Senate
GLJ Research analyst Gordon Johnson upgraded SolarEdge (SEDG) to Hold from Sell with a $6.90 price target The firm cites the recent selloff in the shares and the 'solar friendly' Senate for the upgrade. Being short carries risks as Senate budget bill language favors residential solar, creating risk of a near-term 'swift move higher' in the shares, the analyst tells investors in a research note. However, GLJ still sees SolarEdge's core business as 'structurally flawed.' Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on SEDG: Disclaimer & DisclosureReport an Issue SolarEdge upgraded to Hold from Sell at GLJ Research Charged: Solar stocks under pressure after House passes revised tax bill SolarEdge Technologies Faces Stock Slump Amid Market Turmoil Solar Stocks Bounce Back as Senate Disagrees with Clean Energy Cuts Stocks slide as Trump threatens new tariffs against EU and Apple: Morning Buzz
Time of India
3 days ago
- Business
- Time of India
SolarEdge expands India operations with new R&D and Technology center in Bengaluru
SolarEdge Technologies , which is into smart energy technology, has expanded its presence in India with the inauguration of a new state-of-the-art R&D and Technology Center in Bengaluru , the company said on Wednesday. This expansion marks a significant milestone in SolarEdge 's support and local investment in the Indian solar energy market, it said. In a statement, the newly inaugurated facility is designed to support advanced research, product development, and technical operations, further enhancing SolarEdge's ability to serve the growing Indian PV sector. The center will also house expanded support and engineering teams, reinforcing the company's dedication to providing localised expertise and solutions. "India continues to be one of the most dynamic and promising solar markets globally. With the launch of our new R&D and Technology Center, we are not only investing in infrastructure but also in talent and innovation that will drive the next phase of solar growth in the region," Sanjay Puri , Country Manager of SolarEdge India said, while emphasising on the strategic importance of this expansion. According to the company, the new facility will play a key role in supporting SolarEdge's global innovation pipeline while addressing the unique needs of the Indian market. It will also serve as a hub for collaboration with local partners, distributors, and customers. SolarEdge established its Indian office in 2017, it added.
Business Insider
5 days ago
- Business
- Business Insider
Deckers downgraded, Morgan Stanley upgraded: Wall Street's top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly. Confident Investing Starts Here: Top 5 Upgrades: Erste Group upgraded Morgan Stanley (MS) to Buy from Hold. The company's earnings in 2025 will increase more strongly than revenue and its return on equity is significantly higher than that competitors, the firm tells investors in a research note. Baird upgraded (WIX) to Outperform from Neutral with a price target of $190, down from $215. The company's product 'is becoming increasingly compelling' and expectations now seem more reasonable post the Q1 report, the firm tells investors in a research note. Northland upgraded SolarEdge (SEDG) to Market Perform from Underperform with an unchanged price target of $15.50. Shares have declined meaningfully since the firm's downgrade on May 16, notes the firm, which argues that regardless of what legislation ultimately looks like, utility-scale solar is 'the cheapest and fastest way to add generation capacity' and SolarEdge is well-positioned as a non-Chinese supplier with cybersecurity capabilities. Redburn Atlantic upgraded Charles River (CRL) to Buy from Neutral with a price target of $182, down from $188. The announcement that activist Elliott is now Charles River's largest investor and the company conducting a 'wide-ranging' strategic offers a potential catalyst for the shares, the firm tells investors in a research note. JPMorgan upgraded WM (WM) to Overweight from Neutral with a price target of $277, up from $225, after transfer in analyst coverage. The firm expects WM's valuation gap versus peers narrow longer term, driven by revenue and cost synergies in Stericycle and sustainability projects gaining traction. Top 5 Downgrades: Telsey Advisory downgraded Deckers Outdoor (DECK) to Market Perform from Outperform with a price target of $120, down from $240. The firm cites the deceleration of the HOKA and DTC businesses, margin pressures from channel mix shifts towards wholesale, the potential for increased promotions against low levels in the prior years, and tariff costs, along with general challenges to overall global macro visibility, for its downgrade. Evercore ISI and KeyBanc also downgraded Deckers Outdoor to Neutral-equivalent ratings. Erste Group downgraded McDonald's (MCD) to Hold from Buy. The company's sales will 'grow very slowly' in 2025 and a higher growth rate is 'only realistic in the coming year,' the firm tells investors in a research note. Raymond James downgraded Booz Allen (BAH) to Market Perform from Outperform with no price target following a 'weak' quarterly report and guidance. JPMorgan downgraded GFL Environmental (GFL) to Neutral from Overweight with a price target of $54, up from $51, following a transfer in analyst coverage. GFL's risk/reward is balanced at these levels, given the shares reflect the company's improved cash conversion profile, the firm says. Bernstein downgraded TechnipFMC (FTI) to Market Perform from Outperform with a price target of $32, down from $33. The firm's estimates for TechnipFMC in 2027 and 2028 are below consensus. Top 5 Initiations: Citi initiated coverage of US Foods (USFD) with a Buy rating and $95 price target. The firm views the North America food distributor industry backdrop favorably, saying restaurant wallet share is a likely 'buffer' to macro risks while the sector has limited tariff risk. Citi also started coverage of Performance Food Group (PFGC) with a Buy rating and Sysco (SYY) with a Neutral. Morgan Stanley resumed coverage of Loar Holdings (LOAR) with an Overweight rating and $100 price target. Loar continues to execute on its organic and inorganic growth strategy and end market demand remains robust with record bookings, the firm tells investors. Lucid Capital initiated coverage of Edesa Biotech (EDSA) with a Buy rating and $9 price target. The firm has a positive outlook on the company's lead clinical asset, EB06. Texas Capital initiated coverage of Universal Technical (UTI) with a Buy rating and $38 price target. Universal embarked on re-energization of operational processes, real-estate rationalizations and cost-cutting about six years ago following years of sluggish student enrollment and started showing student-starts growth, a return to breakeven and 'decent profitability,' the firm tells investors. Texas Capital also started coverage of Lincoln Educational (LINC), Lindblad Expeditions (LIND), and American Public Education (APEI) with Buy ratings. Cantor Fitzgerald initiated coverage of Serve Robotics (SERV) with an Overweight rating and $17 price target. The firm believes the company benefits from 'compelling' unit economics, material partnerships for scale and expansion, and multiple applications that increase its total addressable market.
Business Wire
6 days ago
- Business
- Business Wire
SolarEdge Releases 2024 Sustainability Report, Highlighting Contributions Towards Meeting the Global Energy Demand Through Smarter, Safer, and more Efficient Technology
MILPITAS, Calif.--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. ('SolarEdge' or the 'Company') (NASDAQ: SEDG), a global leader in smart energy technology, today announced the release of its 2024 Sustainability Report, detailing the progress made in the Company's sustainability strategy and representing its commitment to accountability and transparency to stakeholders. SolarEdge announces the release of its 2024 Sustainability Report, detailing the progress made in the Company's sustainability strategy and representing its commitment to accountability and transparency to stakeholders. Shuki Nir, Chief Executive Officer of SolarEdge: 'I am pleased to share our 2024 Sustainability Report, which reaffirms SolarEdge's long-term commitment to sustainable and responsible practices amid evolving industry dynamics. As global energy demand continues to rise, our advanced technologies are well positioned to support smarter, safer, and more efficient electricity use.' Some of the key highlights from the 2024 Sustainability Report include: Over 3.7 million homes are equipped with SolarEdge PV systems. Over 50% of Fortune 100 companies have SolarEdge technology on at least one of their rooftops. For the second straight year, SolarEdge was included in the 2025 Corporate Knights list of the top 100 sustainable corporations in the world. EcoVadis awarded SolarEdge with a 'Silver Medal' sustainability rating, placing the company in the top 15% of over 130,000 globally rated companies. ISS ESG rating among top 10% of highest rated companies in the Electronic Components sector. MSCI ESG Rating of A. Upper-tier scores in additional ESG ranking, full details here. 100% of manufacturing and R&D sites are certified to ISO standards for quality, environmental and safety management. Environmental Life Cycle Analysis (LCA) research completed for several key products. 10,000 Pupils taught EDGEUcate classes by SolarEdge employees, gaining knowledge of solar energy and sustainable practices. View SolarEdge's full 2024 Sustainability Report About SolarEdge SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, and grid services solutions. SolarEdge is online at
Yahoo
6 days ago
- Business
- Yahoo
SolarEdge Releases 2024 Sustainability Report, Highlighting Contributions Towards Meeting the Global Energy Demand Through Smarter, Safer, and more Efficient Technology
By the end of 2024, over 3.7 million homes were equipped with SolarEdge PV systems; Over 50% of Fortune 100 Companies have SolarEdge Technology on their Rooftops MILPITAS, Calif., May 27, 2025--(BUSINESS WIRE)--SolarEdge Technologies, Inc. ("SolarEdge" or the "Company") (NASDAQ: SEDG), a global leader in smart energy technology, today announced the release of its 2024 Sustainability Report, detailing the progress made in the Company's sustainability strategy and representing its commitment to accountability and transparency to stakeholders. Shuki Nir, Chief Executive Officer of SolarEdge: "I am pleased to share our 2024 Sustainability Report, which reaffirms SolarEdge's long-term commitment to sustainable and responsible practices amid evolving industry dynamics. As global energy demand continues to rise, our advanced technologies are well positioned to support smarter, safer, and more efficient electricity use." Some of the key highlights from the 2024 Sustainability Report include: Over 3.7 million homes are equipped with SolarEdge PV systems. Over 50% of Fortune 100 companies have SolarEdge technology on at least one of their rooftops. For the second straight year, SolarEdge was included in the 2025 Corporate Knights list of the top 100 sustainable corporations in the world. EcoVadis awarded SolarEdge with a 'Silver Medal' sustainability rating, placing the company in the top 15% of over 130,000 globally rated companies. ISS ESG rating among top 10% of highest rated companies in the Electronic Components sector. MSCI ESG Rating of A. Upper-tier scores in additional ESG ranking, full details here. 100% of manufacturing and R&D sites are certified to ISO standards for quality, environmental and safety management. Environmental Life Cycle Analysis (LCA) research completed for several key products. 10,000 Pupils taught EDGEUcate classes by SolarEdge employees, gaining knowledge of solar energy and sustainable practices. View SolarEdge's full 2024 Sustainability Report About SolarEdge SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, and grid services solutions. SolarEdge is online at View source version on Contacts PR Contact Lily SalkinHead of Public and Media Investor Contact JB LoweHead of Investor Relationsinvestors@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
