Latest news with #SolarEdgeTechnologies'
Yahoo
14-05-2025
- Business
- Yahoo
SolarEdge Technologies (NasdaqGS:SEDG) Stock Surges 42% Over Past Month
SolarEdge Technologies recently launched a solar-powered EV charging solution and a new controller for the German market, marking key product advancements. Over the past month, the company's stock price surged 42%, significantly outpacing the broader market's 3% rise. This substantial increase suggests that investors responded positively to SolarEdge's innovations, reinforced by favorable quarterly earnings results that showed improved financial metrics, despite ongoing net losses. The recent amendment in corporate bylaws to limit officer liability may have also provided a layer of investor assurance, contributing to confidence in the company's strategic direction. Every company has risks, and we've spotted 2 weaknesses for SolarEdge Technologies you should know about. AI is about to change healthcare. These 23 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. SolarEdge Technologies' recent product advancements and amendments in corporate bylaws could potentially shift investor sentiment. These developments might support the narrative of disciplined cash management and an ambition to reclaim market share through innovative offerings. Over the past year, however, the company experienced a total shareholder return decline of 66.23%. In contrast, the broader market gained 11.6%, highlighting a challenging year for SolarEdge. The company's share price is 9.3% below the estimated fair value, reflecting investor caution despite recent positive news. The introduction of a solar-powered EV charging solution and a new controller could positively impact revenue by capturing a larger share in both residential and commercial solar markets. However, maintaining competitiveness in an industry marked by high operational costs and competition from Chinese competitors remains a concern. Analysts forecast annual revenue growth of 17.7%, underscoring a slower pace compared to the US market average but faster than industry growth. Despite optimistic earnings forecasts, SolarEdge remains unprofitable, with current earnings at US$1.75 billion losses. The share price movement should be seen in context with the analyst's consensus price target of US$15.44, a 16.9% potential upside from the current US$12.84, providing a measured outlook for investors. Assess SolarEdge Technologies' future earnings estimates with our detailed growth reports. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:SEDG. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ 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
Yahoo
06-05-2025
- Business
- Yahoo
Why SolarEdge Technologies Stock Is Shining Today
Key Points SolarEdge Technologies' stock soared after topping Wall Street's earnings and revenue expectations. Management also gave upbeat guidance for the next quarter, forecasting stronger revenue and margins. This could be a shareholder-friendly turnaround story. Shares of SolarEdge Technologies (NASDAQ: SEDG) caught a welcome ray of sunlight on Tuesday. The stock jumped as much as 20.3% higher in the morning session, backing down to a still-impressive gain of 16% at noon ET today. The maker of power management systems used in solar power installations crushed Wall Street's expectations in this morning's first-quarter report. SolarEdge beat the Street in Q1 2025 Your average analyst expected SolarEdge to report an adjusted net loss of $1.16 per share, based on revenue in the neighborhood of $204.2 million. It was a gloomy forecast, but the actual figures told a different story. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Sales rose 12% year over year to $219.5 million. The adjusted loss stopped at $1.14 per share, compared to a $3.52 loss per share in the year-ago period. Management's guidance for the next quarter also came in well above the current analyst view. Revenue should land near $275 million, up from $265 million in the second quarter of 2024. The consensus analyst projection points to $243.7 million. Gross margins should also increase while operating expenses are trending downward. At the midpoint of the suggested guidance ranges, SolarEdge's loss from operations would decrease from $102.7 million in the first quarter to $65 million in the next report. Image source: Getty Images. How SolarEdge is finding its sunny side again CEO Shuki Nir admitted that the economy is unpredictable right now but still insisted that SolarEdge's turnaround effort will continue paying off in the second quarter. The company is winning back market share in key segments such as residential rooftop solar and large commercial installations. It manufactures its power inverters in American factories, helping installers meet domestic content minimums to qualify for tax breaks. SolarEdge is also reshuffling its assets, collecting some easy cash by divesting unprofitable operations like the system-tracking service and a Korea-based battery factory. This may not be the most promising economy ever for solar power experts, but I like what management is doing. Turnarounds are never easy, and many things can go wrong along the way. Still, this report makes me a little more confident in its ability to become profitable again. And don't forget that the stock is trading 75% below its yearly highs, even after Tuesday's big jump.
