SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. The company offers power optimizers, inverters, lithium-ion cells, batteries, storage solutions, electric vehicle chargers and software management of EV charging, smart energy products, smart trackers, and smart energy management software products; Monitoring platform, a cloud-based monitoring platform, which collects power, voltage, current temperature, and other data sent from inverters and power optimizers; and MySolarEdge app, that enables system owners to track their real-time system production and household energy consumption. It also provides SolarEdge Go app, a mobile application for installers, integrating installation, management, and service capabilities; Designer platform, a web-based tool that helps solar professionals to plan, build, simulate, and validate residential and commercial systems; Mapper application for registering the physical layout of new PV sites installed with DC optimized inverter systems; SetApp application, that activates and configurate inverters; and grid services. In addition, the company offers pre-sales support and ongoing training services, as well as technical support before, during, and after installation services. It serves solar installers; providers of solar PV systems to residential and commercial end users; key solar distributors; engineering, procurement, and construction firms; and electrical equipment wholesalers. SolarEdge Technologies, Inc. was incorporated in 2006 and is headquartered in Herzliya Pituach, Israel.
Turnaround Challenges | SolarEdge faces significant hurdles in its recovery efforts, including market share losses and operational inefficiencies amid a volatile solar industry landscape |
Financial Crossroads | Explore SolarEdge's complex financial outlook, with projections indicating potential profitability by 2026 despite current negative margins and revenue decline |
Strategic Realignment | Delve into SolarEdge's restructuring initiatives, including workforce reductions and U.S. manufacturing expansion, aimed at improving efficiency and capitalizing on tax credits |
Market Dynamics | Analyst price targets range from $9 to $21, reflecting diverse views on SolarEdge's ability to navigate tariff impacts and intense competition in the evolving solar market |
Metrics to compare | SEDG | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipSEDGPeersSector | |
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P/E Ratio | −0.9x | −0.7x | 11.8x | |
PEG Ratio | 0.00 | 0.02 | 0.01 | |
Price/Book | 2.7x | 1.3x | 2.4x | |
Price / LTM Sales | 1.8x | 0.8x | 2.2x | |
Upside (Analyst Target) | −33.6% | 28.2% | 18.8% | |
Fair Value Upside | Unlock | 26.8% | 5.7% | Unlock |