SolarEdge Technologies (NASDAQ:SEDG) Posts Earnings Results, Misses Expectations By $0.20 EPS

SolarEdge Technologies (NASDAQ:SEDG) issued its quarterly earnings results on Wednesday. The semiconductor company reported ($0.43) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.20), FiscalAI reports. The company had revenue of $309.90 million during the quarter, compared to analyst estimates of $305.49 million. SolarEdge Technologies had a negative return on equity of 38.66% and a negative net margin of 28.56%.The company’s revenue was up 41.5% on a year-over-year basis. During the same period in the prior year, the company posted ($1.14) earnings per share.

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

• Q1 non-GAAP revenue was $310M (up 46% YoY) with gross margin at 23.5%, and management says the Q2 midpoint implies they are approaching break-even (~$3.5M implied EBIT loss), signaling progress toward profitable growth.
• The SolarEdge Nexis launch generated strong installer demand (≈1,000 attendees) and the company’s entire planned Q2 Nexis production for Europe is fully booked, with capacity being expanded to meet additional demand.
• U.S. onshoring is largely ramped (management says >90% of inverter/optimizer production is U.S.-made), exports to Europe should improve cost/margin profile, and cash & investments were about $583M with the company expecting positive full-year free cash flow despite $60–$80M CapEx.
• Counterparty risk remains: SolarEdge reports net-zero recognized exposure to the Freedom Forever bankruptcy but holds a UCC lien (~$100M) with unclear recoverability, and it took a one-time $14M doubtful-debt charge on a separate U.S. customer.
• A favorable Supreme Court ruling on IEEPA tariffs could yield roughly $55M in refunds (not included in Q2 guidance), providing potential upside to cash/results if and when refunds are realized.

SolarEdge Technologies Stock Up 7.0%

SEDG stock traded up $2.69 during midday trading on Friday, reaching $41.30. The company had a trading volume of 3,817,912 shares, compared to its average volume of 3,501,423. SolarEdge Technologies has a 1 year low of $13.73 and a 1 year high of $53.75. The company has a current ratio of 2.02, a quick ratio of 1.48 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $2.51 billion, a P/E ratio of -6.74 and a beta of 1.18. The company has a 50 day moving average of $42.79 and a two-hundred day moving average of $37.22.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on SEDG shares. Jefferies Financial Group raised shares of SolarEdge Technologies from an “underperform” rating to a “hold” rating and upped their price target for the stock from $30.00 to $49.00 in a research note on Friday, March 20th. Citigroup reduced 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. Bank of America upgraded shares of SolarEdge Technologies from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $17.00 to $40.00 in a report on Tuesday, March 10th. UBS Group raised their target price on shares of SolarEdge Technologies from $36.00 to $41.00 and gave the stock a “neutral” rating in a report on Thursday. Finally, Susquehanna raised their target price on shares of SolarEdge Technologies from $37.00 to $45.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating, sixteen have assigned a Hold rating and seven have issued a Sell rating to the company’s stock. According to MarketBeat, SolarEdge Technologies has an average rating of “Reduce” and an average price target of $30.40.

Institutional Investors Weigh In On SolarEdge Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SEDG. Goldman Sachs Group Inc. lifted its position in SolarEdge Technologies by 8.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 997,962 shares of the semiconductor company’s stock worth $16,147,000 after buying an additional 79,461 shares in the last quarter. First Trust Advisors LP lifted its position in SolarEdge Technologies by 2.8% in the 2nd quarter. First Trust Advisors LP now owns 560,585 shares of the semiconductor company’s stock worth $11,436,000 after buying an additional 15,333 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in SolarEdge Technologies by 4.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,023 shares of the semiconductor company’s stock worth $327,000 after buying an additional 700 shares in the last quarter. Bayesian Capital Management LP purchased a new stake in SolarEdge Technologies in the 2nd quarter worth approximately $206,000. Finally, Canada Pension Plan Investment Board purchased a new stake in SolarEdge Technologies in the 2nd quarter worth approximately $35,000. Hedge funds and other institutional investors own 95.10% of the company’s stock.

Key Stories Impacting SolarEdge Technologies

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

• Positive Sentiment: UBS issued a more constructive view — raising SolarEdge’s price target to $41 and issuing commentary that the stock deserves a more positive near-term forecast, supporting optimism around the company’s recovery and contributing to the intraday lift. UBS Group Issues Positive Forecast for SolarEdge Technologies (NASDAQ:SEDG) Stock Price
• Positive Sentiment: Operational update: SolarEdge beat revenue expectations in Q1 and management emphasized a push to breakeven as U.S. manufacturing ramps up — this execution narrative and improving supply/production mix are a near-term positive catalyst. SolarEdge hits Q1 beat, targets breakeven as U.S. manufacturing ramps up
• Neutral Sentiment: Analyst roundups and note compilations summarize mixed broker views after the Q1 release — helpful for context but not a single directional trigger. Analyst Estimates: Here’s What Brokers Think Of SolarEdge Technologies, Inc. (NASDAQ:SEDG) After Its First-Quarter Report
• Neutral Sentiment: Company commentary and full earnings/call transcripts reiterate a strategic shift toward profitable growth — useful for medium-term thesis but Q1 results were mixed (revenue up, EPS still negative). SolarEdge (SEDG) Q1 2026 Earnings Transcript
• Negative Sentiment: Citigroup cut its price target to $27 and placed a “sell” rating, signaling a significant downside view that can pressure sentiment and selling flows. Citigroup lowers SEDG price target to $27, sell
• Negative Sentiment: BMO Capital issued a sell on SolarEdge, adding to downward analyst pressure and increasing short-term uncertainty. SolarEdge Technologies (SEDG) Gets a Sell from BMO Capital
• Negative Sentiment: Other brokers trimmed targets/ratings (RBC, Deutsche Bank) and commentary highlighted the Q1 EPS miss and margin/ tariff headwinds — these keep downside risk elevated until margins visibly improve. RBC/Deutsche Bank adjust SEDG targets/ratings
• Negative Sentiment: Coverage and valuation pieces point out the stock’s large run-up (one-year +175%) and the risk of a valuation reset given negative net margins and continued loss-per-share, a reminder that upside depends on execution against margin targets. Is SolarEdge Technologies (SEDG) Pricing Looked At Again After 175% One Year Surge

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.