Jan. 9 at 8:46 PM
SolarEdge Technologies’ stock rose 112% last year after a turnaround under new CEO Shuki Nir, who took over in December 2024 amid collapsed sales and earnings. TD Cowen upgraded the stock to Buy, raising the price target to
$38 from
$34, citing stronger margins, growing market share, and U.S. manufacturing expansion.
The company simplified its product line, boosted U.S. production, and began exports to Australia, with Europe expansion planned, benefiting from the 45X tax credits. Analysts project gross margins of 23.3% in fiscal 2026 and 28.7% in 2027, up from 15.9% in 2025.
Despite the rebound, most analysts remain cautious: 21 of 28 rate it Hold and 6 rate it Sell. An investor day in H1 2026 could influence sentiment.
$SEDG