SEDG Stock Recent News

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge today announced the appointment of Yoram Tietz and Gilad Almogy to its Board of Directors, effective January 6, 2025.

Citigroup cut shares to sell less than a month after Goldman Sachs gave a rare double upgrade to Buy.

SolarEdge Technologies, Inc. SEDG shares are trading higher on Tuesday. On Monday, Goldman Sachs analyst Brian Lee raised its price target from $19 to $21, while reiterating a Buy rating.

SolarEdge plans to slash 400 more jobs following the dismissal of 500 workers a little more than a month ago.

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge announces safe harbor agreements as well as second sale of §45X Advanced Manufacturing Production Tax Credits.

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, will report financial results for the third quarter ended September 30, 2024 after market close on Wednesday, November 6, 2024. Management will host a conference call at 4:30 P.M. ET on Wednesday, November 6, 2024 to discuss these results. The call will be available, live, to interested parties by dialing: United States/Canada Toll Free: +1 800-343-4136 Inter.

SolarEdge's revenue has stabilized, with multiple positive catalysts including normalized U.S. inventories, rebounding European demand, and rising U.S. electricity prices. The valuation of SEDG stock is low, and despite some risks facing the company, the balance sheet situation is manageable, making it a buy for risk-tolerant, long-term investors. SolarEdge's Q2 revenue increased sequentially, driven by strong U.S. residential market sales and improved commercial sales, despite a year-over-year decline.

SolarEdge Technologies Inc (NASDAQ:SEDG) stock sports a 4.6% premarket loss, after a Jefferies downgrade to "underperform" from "hold," and price-target cut from $27 to $17.

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, demonstrates new capabilities of SolarEdge ONE for C&I cloud-based energy optimization platform for commercial and industrial solar applications at RE+ North America. SolarEdge ONE for C&I is SolarEdge's first-of-a-kind cloud-based solution specifically engineered for EPCs, O&M providers, developers, businesses and enterprises. The platform is desi.

MILPITAS, Calif--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, today unveiled its next-generation single-phase solar + storage solution at RE+. The new residential offering will integrate a scalable battery and a new solar inverter up to 11.5kW to provide highly flexible whole home backup to fit various types of home across the US. The solution's modular design will allow homeowners to start with PV-only, or with a smalle.