SEDG
SolarEdge Technologies, Inc.

SolarEdge Technologies, Inc.SEDG

Technology · Solar
27.51USD
+5.00%
Nov 08, 2026
SEDG overview ready
Supplier of distributed solar and energy management hardware and software
Direct supplier of distributed-energy power electronics and integrated residential/commercial energy-system hardware.
Primary theme is improving
Solar is improving (+15.0pp vs SPY over 21 sessions; 8 of 11 members ahead of SPY).
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably….
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Dependence on solar installation market growth and incentives.
Market Nov 6Filing Sep 30Price action Nov 7Research Jul 17

Conviction Level

PriceAction1.4BusinessPerformance2.0BusinessQuality3.0Valuation3.5ThemeMomentum7.0Weakening — Revenue fell 4% year over year in the latest quarter. The company is still loss-making: the diluted loss per share narrowed to -$0.14 from -$0.84 a year earlier. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
SolarImproving
vs SPY
+15.0pp
Theme return
+10.0%
Beating SPY
8 of 11
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryDamaged / breakdown

The technical structure itself is broken across timeframes — the weakest entry profile.

Key Financials

Market Cap
$1.7B
Avg Volume (60D)
3.1M
60 sessions
Revenue Growth YoY
+31.4%
FY2025 vs FY2024
Gross Margin
+26.3%
Trailing twelve months
Operating Margin
-9.2%
Trailing twelve months
Free Cash Flow Yield
+4.4%
Distance from 200DMA
-34.8%
P/E
N/M
EV / Sales
1.1x
Market metrics as of Nov 6, 2026
Financial results for the period ended Sep 30, 2026
Filed balance-sheet data as of Sep 30, 2026

Business Performance

Weakening

Revenue fell 4% year over year in the latest quarter. The company is still loss-making: the diluted loss per share narrowed to -$0.14 from -$0.84 a year earlier.

Latest reported: Q3 FY2026, ended Sep 30
Revenue growthDeclining
-4.1%
$326M in Q3 FY2026 · YoY
YoY growth, last 4 quarters
  1. +71%
  2. +42%
  3. +20%
  4. -4.1%
Earnings growthLoss narrowing
-$0.14
Diluted EPS -$0.14 vs -$0.84 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginExpanding
-0.6%
+9.8 pp YoY · gross margin 33.2% (+12.0 pp)

Business Quality

3.0 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

Two of the three valuation perspectives say cheap; peers is the dissenting view. The published stance is held at fair because operating losses behind the low multiple.
SolarEdge Technologies, Inc. has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.

Company Research

Thesis
Direct supplier of distributed-energy power electronics and integrated residential/commercial energy-system hardware. SolarEdge is a direct operating-business beneficiary of distributed solar deployment and attached storage/energy-management adoption, rather than a generic renewable-energy adjacency.
Opportunity
Moderate opportunity
Decentralization of electricity generation through customer-sited solar, batteries, controllable loads, and software-managed energy systems, driven by retail power costs, resiliency demand, electrification, and supportive clean-energy policy.
Key risk
Dependence on solar installation market growth and incentives.

Economic classification

Loading the economic classification…

Business & Markets

Technology · Solar
What they do

SolarEdge Technologies designs and sells energy technology products including power optimizers, inverters, storage solutions, and EV chargers, operating globally with a focus on residential and commercial distributed energy systems.

How it earns

The company generates revenue primarily through transactional sales of hardware products and related software platforms.

Products & services
Power optimizers
DC-to-AC inverters
Home battery storage solutions
EV chargers
SolarEdge ONE energy optimization system
Cloud-based monitoring platform
MySolarEdge app
Customers & end markets
Residential solar system owners
Commercial solar system owners
Solar installers and integrators
Market position

Leader in distributed-energy power electronics and integrated residential/commercial energy systems.

Demand drivers
Medium cyclicality

Demand is influenced by solar installation cycles, government incentives, and broader economic conditions affecting capital expenditures.