SolarEdge Technologies (NASDAQ:SEDG) Releases Quarterly Earnings Results, Misses Expectations By $0.20 EPS

SolarEdge Technologies (NASDAQ:SEDG) announced its quarterly earnings data on Wednesday. The semiconductor company reported ($0.43) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.20), FiscalAI reports. The firm had revenue of $309.90 million during the quarter, compared to analyst estimates of $305.49 million. SolarEdge Technologies had a negative net margin of 28.56% and a negative return on equity of 38.66%. The company’s quarterly revenue was up 41.5% compared to the same quarter last year. During the same quarter last year, the company earned ($1.14) EPS.

Here are the key takeaways from SolarEdge Technologies’ conference call:

• Q1 non-GAAP revenue was $310M (up 46% YoY) with gross margin at 23.5%, and management says the Q2 midpoint implies they are approaching break-even (~$3.5M implied EBIT loss), signaling progress toward profitable growth.
• The SolarEdge Nexis launch generated strong installer demand (≈1,000 attendees) and the company’s entire planned Q2 Nexis production for Europe is fully booked, with capacity being expanded to meet additional demand.
• U.S. onshoring is largely ramped (management says >90% of inverter/optimizer production is U.S.-made), exports to Europe should improve cost/margin profile, and cash & investments were about $583M with the company expecting positive full-year free cash flow despite $60–$80M CapEx.
• Counterparty risk remains: SolarEdge reports net-zero recognized exposure to the Freedom Forever bankruptcy but holds a UCC lien (~$100M) with unclear recoverability, and it took a one-time $14M doubtful-debt charge on a separate U.S. customer.
• A favorable Supreme Court ruling on IEEPA tariffs could yield roughly $55M in refunds (not included in Q2 guidance), providing potential upside to cash/results if and when refunds are realized.

SolarEdge Technologies Stock Up 7.0%

SEDG stock traded up $2.69 during mid-day trading on Friday, hitting $41.30. The stock had a trading volume of 3,819,444 shares, compared to its average volume of 3,504,563. The company has a current ratio of 2.02, a quick ratio of 1.48 and a debt-to-equity ratio of 0.85. SolarEdge Technologies has a 1-year low of $13.73 and a 1-year high of $53.75. The company has a fifty day moving average of $42.79 and a 200 day moving average of $37.22. The stock has a market capitalization of $2.51 billion, a price-to-earnings ratio of -6.74 and a beta of 1.18.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SEDG. State of Wyoming acquired a new position in SolarEdge Technologies in the 4th quarter worth about $27,000. Kestra Advisory Services LLC acquired a new position in SolarEdge Technologies in the 4th quarter worth about $31,000. Canada Pension Plan Investment Board acquired a new position in SolarEdge Technologies in the 2nd quarter worth about $35,000. Altshuler Shaham Ltd acquired a new position in SolarEdge Technologies in the 4th quarter worth about $36,000. Finally, Empowered Funds LLC acquired a new position in SolarEdge Technologies in the 4th quarter worth about $44,000. 95.10% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SEDG has been the topic of a number of recent analyst reports. Citigroup cut their target price on SolarEdge Technologies from $30.00 to $27.00 and set a “sell” rating on the stock in a research report on Thursday. TD Cowen boosted their target price on SolarEdge Technologies from $38.00 to $43.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Deutsche Bank Aktiengesellschaft dropped their price target on SolarEdge Technologies from $42.00 to $39.00 and set a “hold” rating on the stock in a research report on Thursday. Raymond James Financial began coverage on SolarEdge Technologies in a research note on Tuesday, January 13th. They issued a “market perform” rating for the company. Finally, Susquehanna increased their price objective on SolarEdge Technologies from $37.00 to $45.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. One equities research analyst has rated the stock with a Buy rating, sixteen have issued a Hold rating and seven have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $30.40.

SolarEdge Technologies News Summary

Here are the key news stories impacting SolarEdge Technologies this week:

• Positive Sentiment: SolarEdge said Q1 results beat some expectations and highlighted progress toward breakeven as its U.S. manufacturing ramp continues, which may reassure investors that margins and execution are improving. SolarEdge hits Q1 beat, targets breakeven as U.S. manufacturing ramps up
• Positive Sentiment: UBS raised its price target on SolarEdge to $41 and kept a neutral stance, signaling improved expectations even though the firm still sees limited upside from current levels. UBS price target update
• Neutral Sentiment: Several firms published post-earnings commentary on SEDG, keeping the stock in focus as investors assess whether the recent rally is justified after a strong one-year run. Analyst Estimates: Here’s What Brokers Think Of SolarEdge Technologies, Inc. (NASDAQ:SEDG) After Its First-Quarter Report
• Neutral Sentiment: SolarEdge’s earnings transcript and valuation coverage suggest the market is still digesting management’s transformation plan and the company’s path to profitable growth. SolarEdge (SEDG) Q1 2026 Earnings Transcript
• Negative Sentiment: More cautious analyst actions are limiting enthusiasm: Citigroup cut its price target to $27 with a sell rating, while BMO Capital also issued a sell view, underscoring concerns about valuation and near-term upside. SolarEdge Technologies (SEDG) Gets a Sell from BMO Capital

About SolarEdge Technologies

SolarEdge Technologies (NASDAQ: SEDG) is a global provider of solar energy solutions focused on optimizing photovoltaic (PV) power generation. The company’s core offerings include power optimizers, inverters and cloud-based monitoring platforms designed to maximize energy output and improve safety across residential, commercial and utility-scale installations. By coupling module-level electronics with centralized inverters, SolarEdge’s technology enables real-time performance monitoring and rapid fault detection to enhance system reliability.

In recent years, SolarEdge has expanded its product portfolio beyond solar PV to include energy storage systems, electric vehicle (EV) charging solutions and smart energy management tools.