SolarEdge Technologies (SEDG)
Market Price (4/11/2026): $41.75 | Market Cap: $2.5 BilSector: Information Technology | Industry: Semiconductor Materials & Equipment
SolarEdge Technologies (SEDG)
Market Price (4/11/2026): $41.75Market Cap: $2.5 BilSector: Information TechnologyIndustry: Semiconductor Materials & Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 31% Megatrend and thematic driversMegatrends include Renewable Energy Transition, and Sustainable Infrastructure. Themes include Solar Energy Generation, Battery Storage & Grid Modernization, Show more. | Weak multi-year price returns2Y Excs Rtn is -68%, 3Y Excs Rtn is -152% Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 19% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -230 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -19% Stock price has recently run up significantly12M Rtn12 month market price return is 261% Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -14% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -20% High stock price volatilityVol 12M is 108% Key risksSEDG key risks include [1] a crippling inventory glut leading to massive financial write-downs and losses, Show more. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 31% |
| Megatrend and thematic driversMegatrends include Renewable Energy Transition, and Sustainable Infrastructure. Themes include Solar Energy Generation, Battery Storage & Grid Modernization, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -68%, 3Y Excs Rtn is -152% |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 19% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -230 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -19% |
| Stock price has recently run up significantly12M Rtn12 month market price return is 261% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -14% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -20% |
| High stock price volatilityVol 12M is 108% |
| Key risksSEDG key risks include [1] a crippling inventory glut leading to massive financial write-downs and losses, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. SolarEdge reported a significant financial turnaround in Q4 2025, exceeding analyst expectations and demonstrating substantial operational improvements. The company's non-GAAP revenue for Q4 2025 increased by 70% year-over-year to $334 million. Non-GAAP gross margin expanded to 23.3% in Q4, marking the fifth consecutive quarter of margin improvement. Crucially, SolarEdge generated $43.3 million in free cash flow during Q4 and a positive $76.9 million for the full year 2025, a stark reversal from a $421.5 million deficit in 2024. The non-GAAP net loss per share improved to -$0.14, beating analyst estimates of -$0.39 by 64.10%.
2. Management projected a positive outlook for 2026, signaling a strategic shift towards profitable growth and new market opportunities. SolarEdge announced it is "shifting decisively to offense" in 2026, focusing on global market share capture through the rollout of its Nexis platform and entry into the AI data center power market. The company's Q1 2026 revenue guidance of $290 million to $320 million, with a non-GAAP gross margin of 20% to 24%, suggested continued year-over-year growth and margin expansion, exceeding the consensus analyst sales estimate of approximately $305.1 million.
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Stock Movement Drivers
Fundamental Drivers
The 44.7% change in SEDG stock from 12/31/2025 to 4/10/2026 was primarily driven by a 28.9% change in the company's P/S Multiple.| (LTM values as of) | 12312025 | 4102026 | Change |
|---|---|---|---|
| Stock Price ($) | 28.85 | 41.76 | 44.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,045 | 1,184 | 13.3% |
| P/S Multiple | 1.6 | 2.1 | 28.9% |
| Shares Outstanding (Mil) | 59 | 60 | -0.9% |
| Cumulative Contribution | 44.7% |
Market Drivers
12/31/2025 to 4/10/2026| Return | Correlation | |
|---|---|---|
| SEDG | 44.7% | |
| Market (SPY) | -5.4% | 23.8% |
| Sector (XLK) | -0.9% | 24.5% |
Fundamental Drivers
The 12.9% change in SEDG stock from 9/30/2025 to 4/10/2026 was primarily driven by a 25.9% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 9302025 | 4102026 | Change |
|---|---|---|---|
| Stock Price ($) | 37.00 | 41.76 | 12.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 941 | 1,184 | 25.9% |
| P/S Multiple | 2.3 | 2.1 | -8.4% |
| Shares Outstanding (Mil) | 59 | 60 | -2.1% |
| Cumulative Contribution | 12.9% |
Market Drivers
9/30/2025 to 4/10/2026| Return | Correlation | |
|---|---|---|
| SEDG | 12.9% | |
| Market (SPY) | -2.9% | 35.5% |
| Sector (XLK) | 1.4% | 32.5% |
Fundamental Drivers
The 158.1% change in SEDG stock from 3/31/2025 to 4/10/2026 was primarily driven by a 104.5% change in the company's P/S Multiple.| (LTM values as of) | 3312025 | 4102026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.18 | 41.76 | 158.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 901 | 1,184 | 31.4% |
| P/S Multiple | 1.0 | 2.1 | 104.5% |
| Shares Outstanding (Mil) | 57 | 60 | -4.0% |
| Cumulative Contribution | 158.1% |
Market Drivers
3/31/2025 to 4/10/2026| Return | Correlation | |
|---|---|---|
| SEDG | 158.1% | |
| Market (SPY) | 16.3% | 33.9% |
| Sector (XLK) | 38.8% | 29.6% |
Fundamental Drivers
The -86.3% change in SEDG stock from 3/31/2023 to 4/10/2026 was primarily driven by a -61.9% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 3312023 | 4102026 | Change |
|---|---|---|---|
| Stock Price ($) | 303.95 | 41.76 | -86.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,110 | 1,184 | -61.9% |
| P/S Multiple | 5.5 | 2.1 | -61.4% |
| Shares Outstanding (Mil) | 56 | 60 | -6.4% |
| Cumulative Contribution | -86.3% |
Market Drivers
3/31/2023 to 4/10/2026| Return | Correlation | |
|---|---|---|
| SEDG | -86.3% | |
| Market (SPY) | 63.3% | 32.0% |
| Sector (XLK) | 92.6% | 27.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SEDG Return | -12% | 1% | -67% | -85% | 112% | 45% | -87% |
| Peers Return | 18% | 7% | 21% | -22% | 61% | 6% | 106% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -0% | 82% |
Monthly Win Rates [3] | |||||||
| SEDG Win Rate | 33% | 50% | 25% | 25% | 58% | 75% | |
| Peers Win Rate | 53% | 47% | 50% | 42% | 53% | 45% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| SEDG Max Drawdown | -36% | -31% | -75% | -89% | -15% | 0% | |
| Peers Max Drawdown | -21% | -40% | -25% | -30% | -35% | -16% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: FSLR, ENPH, CSIQ, AMAT, LRCX. See SEDG Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/10/2026 (YTD)
How Low Can It Go
| Event | SEDG | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -80.9% | -25.4% |
| % Gain to Breakeven | 423.7% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -51.1% | -33.9% |
| % Gain to Breakeven | 104.7% | 51.3% |
| Time to Breakeven | 70 days | 148 days |
| 2018 Correction | ||
| % Loss | -51.3% | -19.8% |
| % Gain to Breakeven | 105.2% | 24.7% |
| Time to Breakeven | 226 days | 120 days |
Compare to FSLR, ENPH, CSIQ, AMAT, LRCX
In The Past
SolarEdge Technologies's stock fell -80.9% during the 2022 Inflation Shock from a high on 11/15/2021. A -80.9% loss requires a 423.7% gain to breakeven.
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About SolarEdge Technologies (SEDG)
AI Analysis | Feedback
- SolarEdge is like the Intel for solar power, providing the smart technology that optimizes how solar panels generate and manage energy.
- Think of SolarEdge as a Nest (Google) for the entire solar energy ecosystem, providing the smart technology to optimize power generation, storage, and consumption in homes and businesses.
AI Analysis | Feedback
- DC Optimized Inverter Systems: Core components, including inverters and power optimizers, designed for solar photovoltaic (PV) installations.
- Solar Energy Management Solutions: Integrated systems encompassing inverters, optimizers, communication devices, and smart energy management for residential, commercial, and utility-scale PV.
- Cloud-based Monitoring Platform: A software platform that collects, processes, and monitors data from solar PV systems, providing management capabilities.
- Energy Storage and Backup Solutions: Systems providing energy storage, including lithium-ion cells and battery packs, along with backup power capabilities.
- Electric Vehicle (EV) Charging Solutions: Infrastructure and systems designed for charging electric vehicles.
- Home Energy Management Solutions: Systems focused on optimizing energy consumption and generation within residential environments.
- Grid Services & Virtual Power Plants (VPPs): Solutions that help manage grid load, enhance stability, and aggregate distributed energy resources into virtual power plants.
- Uninterrupted Power Supply (UPS) Solutions: Systems providing continuous power to critical loads, safeguarding against power disruptions.
- Automation Machines: Specialized machinery offered through one of their operational segments.
- Customer Support and Training Services: Comprehensive services including pre-sales support, ongoing training, technical assistance, and after-installation support.
AI Analysis | Feedback
Based on the provided information, SolarEdge Technologies (SEDG) primarily sells its products to other companies rather than directly to individuals. The background description does not list specific major customer company names.
However, it identifies the following categories of businesses as its customers:
- Providers of solar PV systems
- Solar installers and distributors
- Electrical equipment wholesalers
- PV module manufacturers
- Engineering, procurement, and construction (EPC) firms
AI Analysis | Feedback
nullAI Analysis | Feedback
Shuki Nir, Chief Executive Officer
Shuki Nir was appointed Chief Executive Officer of SolarEdge Technologies in December 2024. He previously served as the company's Chief Marketing Officer starting in June 2024. Before joining SolarEdge, Mr. Nir held leadership positions at various multinational technology companies, including serving as the general manager of the consumer business at SanDisk.
Asaf Alperovitz, Chief Financial Officer
Asaf Alperovitz joined SolarEdge with over three decades of experience in finance and leadership across multiple industries. Most recently, from 2019 to 2024, he served as the CFO of Delta Galil, a global high-tech apparel company. Prior to Delta Galil, Mr. Alperovitz held CEO and CFO roles at NASDAQ, NYSE, and TASE-listed companies, including Syneron Medical, Omrix Pharmaceuticals (acquired by Johnson & Johnson), Tefron, and Allmed Solutions. He also held senior management positions at Ernst & Young.
Uri Bechor, Chief Operating Officer
Uri Bechor joined SolarEdge Technologies in 2019, bringing over two decades of experience from Flextronics International (now Flex). At Flex, he held various senior Vice President and General Manager roles. His last position at Flex was Senior Vice President, Global Operations, Europe and the Americas, where he oversaw more than forty manufacturing sites and was responsible for over $10 billion in revenues. Mr. Bechor was also the General Manager of Flextronics Israel when SolarEdge began production in 2010.
Liron Har-Shai, Chief R&D Officer
Liron Har-Shai serves as the Chief R&D Officer at SolarEdge. His responsibilities include overseeing research and development for solar products.
Meir Adest, Co-founder and Chief Product & Information Officer
Meir Adest co-founded SolarEdge in 2006. He has served as Vice President, Core Technologies since 2007, where he was responsible for SolarEdge's certification and research into future technologies. He was appointed Chief Information Officer in 2018 and Chief Product & Information Officer in 2020. Before co-founding SolarEdge, Mr. Adest spent seven years at the Electronics Research Department (ERD), an Israeli national lab, where he managed large-scale techno-operational projects and held various positions. He holds a B.Sc. in mathematics, physics, and computer science from the Hebrew University in Jerusalem.
AI Analysis | Feedback
The key risks to SolarEdge Technologies (SEDG) are multifaceted, stemming primarily from the highly dynamic and competitive nature of the solar energy industry, coupled with the company's recent financial performance.
1. Financial Volatility and Profitability Concerns
SolarEdge Technologies has faced significant financial challenges, including a notable decline in revenue and consistent net losses. For instance, the company reported total revenue of $901.5 million in 2024, a substantial decrease from $2.98 billion in 2023, and experienced GAAP net losses of $1.81 billion in 2024. Its profitability metrics are concerning, with a negative operating margin of 25.47% and a net margin of -34.23% as of March 2026. The company has also contended with inventory issues, particularly in the European market, which has necessitated destocking efforts and impacted revenue and margins. Furthermore, SolarEdge's financial health indicators, such as a debt-to-equity ratio of 0.97 and an Altman Z-Score of 0.46 (placing it in the distress zone), suggest a relatively high level of leverage and potential bankruptcy risk.
2. Intense Competition and Pricing Pressure
The solar inverter market is intensely competitive, with SolarEdge facing strong rivalry from direct competitors like Enphase Energy, as well as an increasing presence of Chinese manufacturers such as Huawei and Sungrow. This competitive landscape, characterized by technological advancements and aggressive pricing strategies, puts significant pressure on SolarEdge's market share and profitability. The pressure has contributed to downward trends in inverter prices, impacting gross margins.
3. Regulatory Changes, Policy Uncertainty, and Tariffs
The solar energy sector is heavily influenced by government regulations, incentives, and trade policies, including tariffs. SolarEdge's profitability and sales volumes are significantly exposed to ongoing tariff pressures, with projections indicating a negative impact on gross margins of 200 to 600 basis points in 2025. Uncertainties in policy, such as potential changes to tax credits or subsidies for renewable energy, could alter the economic landscape and adversely affect customer demand and SolarEdge's financial performance. While the company has made strategic moves to localize manufacturing in the U.S. to benefit from incentives like the Inflation Reduction Act, changes or insufficient leverage of these policies remain a risk.
AI Analysis | Feedback
nullAI Analysis | Feedback
SolarEdge Technologies, Inc. (NASDAQ: SEDG) operates in several key markets related to solar energy and smart energy technology. The addressable market sizes for its main products and services are outlined below, with specific regional information where available.Solar Products (Inverters, Power Optimizers, PV Systems)
- The global solar inverters/PV inverters market was valued at approximately USD 14.37 billion in 2024 and is projected to grow to USD 24.63 billion by 2034. Other estimates place the global solar inverter market at USD 11.99 billion in 2024, expected to surpass USD 25.81 billion by 2034.
- The global PV inverter market size was estimated at USD 13.09 billion in 2023 and is projected to reach USD 41.87 billion by 2030.
- For the residential segment, the global residential solar PV inverter market was estimated at USD 4.2 billion in 2024 and is expected to grow to USD 7.6 billion by 2034.
- The global commercial & industrial PV inverter market size was valued at USD 17 billion in 2024 and is estimated to grow to USD 56 billion by 2034.
- The global power optimizer market was valued at approximately USD 7.9 billion in 2024 and is projected to reach an estimated USD 25.8 billion by 2034. In 2024, the U.S. market alone accounted for USD 3.5 billion in revenue for power optimizers.
- The global solar microinverter and power optimizer market size combined was USD 5.3 billion in 2024, projected to reach around USD 18.62 billion by 2034.
- The advanced inverter market, which includes technologies offered by SolarEdge, was valued at USD 8.91 billion in 2024 and is projected to reach USD 17.17 billion by 2032. In 2024, North America held 32.8% of this market, Europe 29.2%, and Asia Pacific 24.2%.
Energy Storage Systems
- The global solar energy storage market size is valued at USD 93.3 billion in 2024 and is predicted to reach USD 475.3 billion by 2034.
- The global energy storage systems market size was estimated at USD 668.7 billion in 2024 and is expected to reach USD 5.12 trillion by 2034.
- Another estimate for the global energy storage systems market size was USD 222.79 billion in 2022, projected to reach USD 512.41 billion by 2030.
- The global energy storage systems market reached a volume of 254.7 GW in 2024 and is expected to reach 494.3 GW by 2033.
e-Mobility (EV Charging Solutions)
- The global market for solar DC EV chargers is estimated to be around USD 500 million in 2025 and is projected to reach approximately USD 4 billion by 2033.
- The global electric vehicle charging infrastructure market size was estimated at USD 47.61 billion in 2025 and is predicted to surpass USD 492.59 billion by 2035.
- Another report projects the global EV charging infrastructure market to reach US$125.39 billion by 2030.
AI Analysis | Feedback
Here are 3-5 expected drivers of future revenue growth for SolarEdge Technologies (SEDG) over the next 2-3 years:- Solar Market Recovery and New Product/Platform Launches: SolarEdge is expected to benefit from a broader recovery in the solar energy sector, particularly as high inventory levels in regions like Europe normalize and demand stabilizes. The company's recent strong year-on-year revenue growth and optimistic guidance for the next quarter indicate a positive shift. Additionally, the global rollout of its new Nexis platform and the strong market adoption of recently launched commercial battery solutions, such as the CSS-OD Commercial Storage System in Germany, are anticipated to drive increased sales within its core solar segment.
- Expansion of Energy Storage Solutions and Virtual Power Plants (VPPs): SolarEdge is actively expanding its residential and commercial battery storage solutions. The company has surpassed 500 MWh of residential battery storage enrolled in Virtual Power Plant (VPP) programs across 16 U.S. states, Canada, and Puerto Rico, and is also expanding its grid services portfolio globally, including in Europe and Australia. This demonstrates a significant focus on integrating and expanding energy storage capabilities and VPP participation.
- Growth in Electric Vehicle (EV) Charging Optimization: While SolarEdge has discontinued its Light Commercial Vehicle (LCV) e-Mobility manufacturing activity, the company continues to focus on electric vehicle (EV) charging solutions. The acquisition of Wevo Energy Ltd. in April 2024 to enhance EV charging optimization and the inclusion of EV charging within its smart energy solutions indicate a strategic move to leverage the growing e-Mobility market through charging infrastructure.
- Investments in AI Data Center Power Solutions: SolarEdge is exploring new growth avenues, including investments and partnerships in power solutions for next-generation AI data centers. A collaboration with Infineon to co-develop current transformers for 800-1500 Volts DC data centers is identified as an unmodeled upside opportunity with potential for more detailed forecasts in 2026.
- Benefits from U.S. Manufacturing and IRA Tax Credits: The establishment of U.S. manufacturing capabilities by SolarEdge is expected to provide benefits from the Inflation Reduction Act's (IRA) manufacturing tax credits. These credits are projected to improve gross margins and enhance the company's competitive positioning, indirectly contributing to revenue growth by making its products more attractive and enabling further investment in expansion.
AI Analysis | Feedback
Share Repurchases
- A share repurchase program authorizing up to $300 million of common stock expired on December 31, 2024.
- SolarEdge repurchased $285 million in principal amount of its outstanding 0.000% Notes 2025.
Share Issuance
- In March 2022, SolarEdge completed a public offering of 2,300,000 shares of common stock at $295.00 per share, generating gross proceeds of $678.5 million. The net proceeds were allocated for general corporate purposes, including potential acquisitions.
- The company issued $300 million of 2.25% convertible senior notes due in 2029.
- The number of issued shares increased from 58,780,490 as of December 31, 2024, to 59,800,052 as of September 30, 2025, with the share count growing by 11.8% over the last five years.
Outbound Investments
- SolarEdge has completed four acquisitions.
- In May 2024, SolarEdge acquired Wevo Energy, a London-based developer of software for electric vehicle charging and energy management.
- In January 2023, SolarEdge acquired Hark.
Capital Expenditures
- Capital expenditures for fiscal years ending December 2020 to 2024 averaged $144.8 million.
- Capital expenditures peaked in December 2023 at $170.5 million and reached a 5-year low of $108.2 million in December 2024.
- The company has focused on expanding its U.S. manufacturing footprint, including facilities for residential inverters in Texas, optimizers and commercial inverters in Florida, and batteries in Utah. In June 2025, SolarEdge ramped up a new manufacturing site in Salt Lake City, UT, to produce its full U.S. residential inverter, power optimizer, and battery product suite.
Latest Trefis Analyses
Trade Ideas
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|---|---|---|---|---|---|---|---|
| 03312026 | PANW | Palo Alto Networks | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 0.0% | 0.0% | 0.0% |
| 03312026 | ALKT | Alkami Technology | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 03272026 | DBX | Dropbox | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.6% | 2.6% | 0.0% |
| 03272026 | DLB | Dolby Laboratories | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.5% | 3.5% | 0.0% |
| 03272026 | PTC | PTC | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.5% | 3.5% | 0.0% |
| 11302023 | SEDG | SolarEdge Technologies | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -37.9% | -80.1% | -86.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 122.61 |
| Mkt Cap | 13.0 |
| Rev LTM | 5,559 |
| Op Inc LTM | 881 |
| FCF LTM | 642 |
| FCF 3Y Avg | 210 |
| CFO LTM | 1,097 |
| CFO 3Y Avg | 871 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 17.4% |
| Rev Chg 3Y Avg | -1.1% |
| Rev Chg Q | 4.9% |
| QoQ Delta Rev Chg LTM | 1.5% |
| Op Mgn LTM | 20.5% |
| Op Mgn 3Y Avg | 21.0% |
| QoQ Delta Op Mgn LTM | 0.7% |
| CFO/Rev LTM | 20.1% |
| CFO/Rev 3Y Avg | 27.5% |
| FCF/Rev LTM | 14.4% |
| FCF/Rev 3Y Avg | 10.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 13.0 |
| P/S | 3.5 |
| P/EBIT | 16.5 |
| P/E | 32.1 |
| P/CFO | 26.9 |
| Total Yield | 2.6% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 1.5% |
| D/E | 0.1 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 7.7% |
| 3M Rtn | 4.7% |
| 6M Rtn | 6.8% |
| 12M Rtn | 133.4% |
| 3Y Rtn | -35.3% |
| 1M Excs Rtn | 7.1% |
| 3M Excs Rtn | 11.2% |
| 6M Excs Rtn | 1.8% |
| 12M Excs Rtn | 112.9% |
| 3Y Excs Rtn | -101.4% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Design, development, manufacturing, and sales of an intelligent inverter solution designed to | 901 | ||||
| All other | 160 | 112 | 176 | 103 | |
| Revenues from finance component | 1 | 1 | 0 | ||
| Solar | 2,816 | 2,921 | 1,787 | 1,357 | |
| Energy Storage | 76 | ||||
| Adjustment of intersegment revenues | -1 | ||||
| Total | 901 | 2,977 | 3,110 | 1,964 | 1,459 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Design, development, manufacturing, and sales of an intelligent inverter solution designed to | -1,806 | ||||
| Total | -1,806 |
Price Behavior
| Market Price | $41.76 | |
| Market Cap ($ Bil) | 2.5 | |
| First Trading Date | 03/26/2015 | |
| Distance from 52W High | -19.5% | |
| 50 Days | 200 Days | |
| DMA Price | $40.23 | $34.12 |
| DMA Trend | up | up |
| Distance from DMA | 3.8% | 22.4% |
| 3M | 1YR | |
| Volatility | 94.8% | 105.2% |
| Downside Capture | 1.08 | 1.09 |
| Upside Capture | 497.26 | 308.48 |
| Correlation (SPY) | 21.5% | 30.6% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.60 | 1.60 | 1.74 | 2.64 | 1.94 | 1.94 |
| Up Beta | -13.05 | -1.24 | -0.81 | 2.56 | 1.53 | 1.48 |
| Down Beta | -0.57 | -0.63 | 0.01 | 1.84 | 2.09 | 2.07 |
| Up Capture | 707% | 666% | 740% | 597% | 811% | 485% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 14 | 23 | 33 | 61 | 135 | 348 |
| Down Capture | -70% | 90% | 118% | 196% | 141% | 113% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 8 | 19 | 30 | 64 | 115 | 400 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SEDG | |
|---|---|---|---|---|
| SEDG | 202.4% | 107.4% | 1.54 | - |
| Sector ETF (XLK) | 59.7% | 25.3% | 1.80 | 28.6% |
| Equity (SPY) | 31.2% | 17.3% | 1.47 | 33.5% |
| Gold (GLD) | 60.1% | 27.8% | 1.69 | 15.3% |
| Commodities (DBC) | 29.8% | 16.6% | 1.58 | 9.7% |
| Real Estate (VNQ) | 21.3% | 15.2% | 1.07 | 27.8% |
| Bitcoin (BTCUSD) | -5.7% | 43.7% | -0.01 | 30.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SEDG | |
|---|---|---|---|---|
| SEDG | -32.7% | 81.4% | -0.12 | - |
| Sector ETF (XLK) | 16.5% | 24.7% | 0.60 | 34.2% |
| Equity (SPY) | 11.1% | 17.0% | 0.50 | 36.5% |
| Gold (GLD) | 22.1% | 17.8% | 1.02 | 14.7% |
| Commodities (DBC) | 11.8% | 18.8% | 0.52 | 12.8% |
| Real Estate (VNQ) | 3.7% | 18.8% | 0.10 | 32.6% |
| Bitcoin (BTCUSD) | 4.0% | 56.5% | 0.29 | 18.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SEDG | |
|---|---|---|---|---|
| SEDG | 4.2% | 72.3% | 0.38 | - |
| Sector ETF (XLK) | 21.7% | 24.3% | 0.82 | 37.2% |
| Equity (SPY) | 13.8% | 17.9% | 0.66 | 38.0% |
| Gold (GLD) | 14.2% | 15.9% | 0.74 | 12.5% |
| Commodities (DBC) | 8.6% | 17.6% | 0.41 | 16.1% |
| Real Estate (VNQ) | 5.1% | 20.7% | 0.22 | 30.5% |
| Bitcoin (BTCUSD) | 67.4% | 66.9% | 1.07 | 14.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/18/2026 | -5.5% | 16.0% | 20.9% |
| 11/5/2025 | 28.9% | 40.5% | -7.2% |
| 8/7/2025 | -5.3% | 2.6% | 33.5% |
| 5/6/2025 | 11.2% | 48.3% | 35.2% |
| 2/19/2025 | 15.9% | 10.6% | 0.3% |
| 11/6/2024 | 1.4% | -17.5% | -12.9% |
| 8/7/2024 | -3.1% | -5.2% | -17.4% |
| 5/8/2024 | -8.5% | -10.8% | -19.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 9 | 13 |
| # Negative | 11 | 15 | 11 |
| Median Positive | 6.6% | 16.0% | 20.0% |
| Median Negative | -12.7% | -10.8% | -12.9% |
| Max Positive | 28.9% | 48.3% | 47.1% |
| Max Negative | -27.3% | -26.8% | -31.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/25/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/25/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/26/2024 | 10-K |
| 09/30/2023 | 11/06/2023 | 10-Q |
| 06/30/2023 | 08/07/2023 | 10-Q |
| 03/31/2023 | 05/08/2023 | 10-Q |
| 12/31/2022 | 02/22/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/04/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Avery, More | Direct | Buy | 3062025 | 13.70 | 30,000 | 411,000 | 3,760,349 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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