SEDG Stock Recent News

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (Nasdaq: SEDG) a global leader in smart energy technology, today announced that its comprehensive U.S.-manufactured solar inverter portfolio has achieved Build America, Buy America (BABA) Act compliance, notably including its planned Commercial & Industrial (C&I) 480V product line. This milestone will enable participation in federal infrastructure projects, including federally funded grants and projects, while supporting do.

Earnings season is coming to a close, and we've seen quite a few surprises. In this video, Fool.com contributor Tyler Crowe explains why SolarEdge Technologies (SEDG 4.77%) caught his attention, and I discuss Pinterest's (PINS -2.07%) impressive recent numbers.

SolarEdge (SEDG -3.13%) stock saw strong bullish momentum in this week's trading. The stock gained 7.7% across the period and had been up as much as 18.4% before a bearish turn for the broader market caused a retracement.

SolarEdge Technologies NASDAQ: SEDG stock recently experienced a surge, fueled by a fourth-quarter 2024 earnings report that showed revenue exceeding expectations. This positive development stands in stark contrast to the broader solar industry, which is currently navigating a period of considerable challenge and uncertainty.

One of the sharper investor retreats on the stock market Thursday belonged to SolarEdge Technologies (SEDG -7.34%).

SEDG's Q4 revenues of $196.2 million surpass the Zacks Consensus Estimate by 5.3%. However, the top line declines 37.9% from the year-ago quarter's level.

I am downgrading SolarEdge Technologies, Inc. to a sell rating due to underestimated competitive threats and concerns about the company's profitability outlook. Despite achieving positive free cash flow, SEDG's gross margins and sales have significantly deteriorated, leading to substantial operating losses. Today's stock rally presents an opportunity to cut losses, as I remain skeptical about SEDG's ability to recover and regain market share.

SolarEdge Technologies, Inc. (NASDAQ:SEDG ) Q4 2024 Earnings Conference Call February 19, 2025 8:00 AM ET Company Participants J.B. Lowe - Head of IR Shuki Nir - CEO Ariel Porat - CFO Conference Call Participants Brian Lee - Goldman Sachs Christine Cho - Barclays Colin Rusch - Oppenheimer Mark Strouse - JPMorgan Andrew Percoco - Morgan Stanley Philip Shen - Roth Capital Partners David Benjamin - Mizuho Chris Dendrinos - RBC Capital Markets Julien Dumoulin-Smith - Jefferies Moses Sutton - BNP Paribas Dylan Nassano - Wolfe Research Kashy Harrison - Piper Sandler Ameet Thakkar - BMO Capital Markets Jeff Osborne - TD Cowen Jon Windham - UBS Dimple Gosai - Bank of America Joseph Osha - Guggenheim Partners Austin Moeller - Canaccord Operator Welcome to the SolarEdge Conference Call for the Fourth Quarter and Year Ended December 31, 2024.

SolarEdge posted a loss for the fourth quarter, but the company's stock is surging after beating revenue expectations. Wall Street analysts say SolarEdge managed to beat a low bar for the quarter.

SolarEdge Technologies (SEDG 23.03%) stock roared ahead 24.2% through 9:50 a.m. ET Wednesday despite the company reporting highly "mixed" earnings this morning.