SolarEdge Technologies (NASDAQ:SEDG) Releases Earnings Results, Beats Expectations By $0.07 EPS

SolarEdge Technologies (NASDAQ:SEDG) announced its earnings results on Wednesday, August 5th. The semiconductor company reported $0.05 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.07, FiscalAI reports. SolarEdge Technologies had a negative return on equity of 29.17% and a negative net margin of 20.29%.The business had revenue of $346.20 million for the quarter, compared to the consensus estimate of $341.15 million. During the same period last year, the business posted ($0.81) EPS. The company’s revenue was up 19.6% on a year-over-year basis.

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 5.6%

Shares of SEDG traded down $2.07 during trading hours on Friday, hitting $34.68. 4,918,252 shares of the company were exchanged, compared to its average volume of 2,980,980. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.38 and a current ratio of 2.03. The company has a market cap of $2.13 billion, a PE ratio of -7.71 and a beta of 1.44. The firm’s 50 day moving average is $39.82 and its 200-day moving average is $46.32. SolarEdge Technologies has a 52 week low of $28.21 and a 52 week high of $81.25.

Analysts Set New Price Targets

A number of brokerages have issued reports on SEDG. JPMorgan Chase & Co. lifted their target price on shares of SolarEdge Technologies from $37.00 to $44.00 and gave the company a “neutral” rating in a research note on Friday. Glj Research reiterated a “sell” rating on shares of SolarEdge Technologies in a report on Thursday, June 11th. Mizuho lifted their price objective on SolarEdge Technologies from $38.00 to $40.00 and gave the company a “neutral” rating in a research report on Friday. Weiss Ratings upgraded SolarEdge Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, August 21st. Finally, Wells Fargo & Company started coverage on SolarEdge Technologies in a research report on Monday, June 29th. They issued an “equal weight” rating and a $36.00 target price on the stock. Two analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $39.00.

Key SolarEdge Technologies News

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

• Positive Sentiment: JPMorgan raised its price target from $37 to $44 while maintaining a neutral rating, citing potential upside relative to recent trading levels.
• Positive Sentiment: Mizuho lifted its target from $38 to $40 and kept a neutral rating, suggesting some analysts see value in the shares following their recent weakness.
• Positive Sentiment: SolarEdge’s Investor Day outlined a goal of approximately $2.4 billion in revenue by 2029, alongside plans to expand into power infrastructure for artificial-intelligence data centers. SolarEdge 2026 Investor Day highlights
• Positive Sentiment: The company advanced its collaboration with NVIDIA on an 800-volt direct-current framework for AI data centers and extended its Infineon partnership on solid-state protection technology. These initiatives could open a higher-growth market beyond residential solar. SolarEdge and NVIDIA 800 VDC framework
• Neutral Sentiment: RBC Capital Markets expects continued revenue and margin growth in SolarEdge’s core solar business, but maintained a sector-perform stance and raised its target only from $24 to $30—still below recent trading levels. RBC outlook for SolarEdge
• Neutral Sentiment: Unusually heavy call-option activity indicates increased speculative interest, but it does not establish a fundamental change in the company’s outlook.
• Negative Sentiment: Morgan Stanley cut its price target from $35 to $33 and maintained an equal-weight rating, signaling limited upside and ongoing concerns about execution or valuation.
• Negative Sentiment: The stock’s decline following Investor Day—despite the NVIDIA-related announcement—suggests investors may want more evidence that the data-center opportunity can translate into near-term revenue, margins, and earnings.

Institutional Investors Weigh In On SolarEdge Technologies

A number of large investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. boosted its holdings in shares of SolarEdge Technologies by 8.7% during 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 during the period. First Trust Advisors LP boosted its holdings in SolarEdge Technologies by 2.8% during the second quarter. First Trust Advisors LP now owns 560,585 shares of the semiconductor company’s stock valued at $11,436,000 after acquiring an additional 15,333 shares during the period. The Manufacturers Life Insurance Company grew its position in shares of SolarEdge Technologies by 4.6% in the second quarter. The Manufacturers Life Insurance Company now owns 16,023 shares of the semiconductor company’s stock valued at $327,000 after purchasing an additional 700 shares during the last quarter. Bayesian Capital Management LP bought a new position in shares of SolarEdge Technologies in the second quarter worth about $206,000. Finally, Canada Pension Plan Investment Board bought a new stake in SolarEdge Technologies during the 2nd quarter valued at approximately $35,000. Institutional investors own 95.10% of the company’s stock.

About SolarEdge Technologies

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.