Paul Tudor Jones sees potential market rally after late October
SolarEdge Technologies Inc. stock reached a 52-week high, hitting $40.54, marking a significant milestone for the company. With a market capitalization of $2.4 billion and current revenue of $940.6 million, the company appears to be trading near its InvestingPro Fair Value. Over the past year, SolarEdge Technologies has experienced a remarkable 122.17% increase in its stock price, with an impressive 148.5% gain in the last six months alone. This surge reflects investor confidence and growing interest in the company’s offerings within the renewable energy sector. The 52-week high achievement underscores the company’s strong performance and market position, as it continues to capitalize on the increasing demand for sustainable energy solutions. InvestingPro has identified 11 additional key investment factors for SEDG, available to subscribers along with comprehensive financial analysis and Fair Value projections.
In other recent news, SolarEdge Technologies reported its Q2 2025 earnings, exceeding revenue expectations with $289 million compared to the forecast of $273.63 million, marking a 5.77% surprise. However, the company fell short on earnings per share, posting -$0.81, slightly better than the anticipated -$0.85. Jefferies has adjusted its price target for SolarEdge, increasing it from $20 to $24, while maintaining an Underperform rating on the stock. The firm expressed caution, suggesting potential gains may already be reflected in the stock price.
Additionally, SolarEdge has started exporting its U.S.-manufactured residential solar products to Australia, signaling the beginning of its international export strategy. The company plans to expand these exports to more international markets by the fourth quarter of 2025. Meanwhile, the recovery in China’s solar sector has positively impacted U.S. solar stocks, with solar wafer prices rising, benefiting companies in the solar supply chain. SolarEdge also plans to begin international shipments of U.S.-manufactured commercial and industrial solar products during the same period.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.