Goldman Sachs Analyst Optimistic On SolarEdge's Strong Domestic Manufacturing, European Expansion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2025
0mins
Source: Benzinga
Analyst Insights: Goldman Sachs analyst Brian Lee maintains a Buy rating for SolarEdge Technologies, citing expected market share gains from domestic content and TPO market exposure, despite lower US sales in Q4 2024. The company plans to ship products to Europe starting in 2026 and anticipates benefiting from IRA credits and safe harbor deals.
Financial Performance: SolarEdge reported Q4 revenues of $196.2 million, exceeding expectations, but posted a larger-than-expected loss per share. The company aims to reduce operating expenses and anticipates above-normal seasonal growth in 2025, while its stock has seen a slight decline recently.
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Analyst Views on SEDG
Wall Street analysts forecast SEDG stock price to fall
18 Analyst Rating
1 Buy
12 Hold
5 Sell
Hold
Current: 56.000
Low
6.90
Averages
32.56
High
44.00
Current: 56.000
Low
6.90
Averages
32.56
High
44.00
About SEDG
SolarEdge Technologies, Inc. offers an inverter solution for a solar photovoltaic (PV) system. The Company's products include SolarEdge Power Optimizer, SolarEdge Inverter, StorEdge Solutions and SolarEdge Monitoring Software. Its product roadmap consists of categories, including power optimizers, inverters, monitoring services, energy storage and smart energy management. The Company's power optimizers provide module-level maximum power point (MPP) tracking and real-time adjustments of current and voltage to the optimal working point of each individual PV module. The Company's solution consists of a direct current (DC) power optimizer, an inverter and a cloud-based monitoring platform that operates as a single integrated system.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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