SolarEdge Technologies, Inc., together with its subsidiaries, operates as an energy technology company in the United States, Europe, and internationally. The company offers power optimizers and DC-to-AC inverters; Storage Solutions, such as home battery 400V and CSS-OD solution; EV chargers for residential and commercial applications; SolarEdge ONE, an energy optimization system; and cloud-based monitoring platform. It also provides mySolarEdge app, which enables system owners to track their real-time system production and household energy consumption; SolarEdge Go app, a mobile application for SolarEdge installers, integrating installation, management, and service capabilities; designer platform, a web-based tool; and mapper application for registering the physical layout of new PV sites. In addition, the company offers SetApp application to activate and configure SolarEdge inverters; grid services; and pre-sales support, ongoing trainings, and technical support before, during, and after installation based on its operation structure. It serves solar installers, solar distributors, and electrical equipment wholesalers, as well as providers of PV systems to residential and commercial end users through distributors and electrical equipment wholesalers, and directly to solar installers and engineering, procurement, and construction firms, or EPCs. SolarEdge Technologies, Inc. was incorporated in 2006 and is headquartered in Herzliya Pituach, Israel.
Analyst Outlook | Analyst price targets for SolarEdge range from $7 to $41, reflecting diverse views on the company's ability to navigate challenges and capitalize on opportunities |
Market Expansion | Delve into SolarEdge's growth opportunities in C&I and utility-scale markets, leveraging its technological expertise and expanding battery attachment rates |
Strategic Shift | Explore SolarEdge's move towards domestic manufacturing, aiming to capitalize on policy changes favoring non-Chinese suppliers and strengthen its market position |
Tariff Turbulence | SolarEdge grapples with margin pressures due to tariffs, potentially reducing gross margins by 200-600 basis points in 2025, with plans to offset impacts by late 2026 |
Metrics to compare | SEDG | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipSEDGPeersSector | |
|---|---|---|---|---|
P/E Ratio | −5.6x | −10.1x | 12.9x | |
PEG Ratio | −0.07 | −0.17 | 0.01 | |
Price / Book | 5.3x | 5.0x | 2.4x | |
Price / LTM Sales | 1.9x | 2.2x | 2.4x | |
Upside (Analyst Target) | 0.7% | 36.3% | 25.5% | |
Fair Value Upside | Unlock | 8.8% | 2.4% | Unlock |