SolarEdge Technologies, Inc., together with its subsidiaries, operates as an energy technology company in the United States, Europe, and internationally. The company offers power optimizers and DC-to-AC inverters; Storage Solutions, such as home battery 400V and CSS-OD solution; EV chargers for residential and commercial applications; SolarEdge ONE, an energy optimization system; and cloud-based monitoring platform. It also provides mySolarEdge app, which enables system owners to track their real-time system production and household energy consumption; SolarEdge Go app, a mobile application for SolarEdge installers, integrating installation, management, and service capabilities; designer platform, a web-based tool; and mapper application for registering the physical layout of new PV sites. In addition, the company offers SetApp application to activate and configure SolarEdge inverters; grid services; and pre-sales support, ongoing trainings, and technical support before, during, and after installation based on its operation structure. It serves solar installers, solar distributors, and electrical equipment wholesalers, as well as providers of PV systems to residential and commercial end users through distributors and electrical equipment wholesalers, and directly to solar installers and engineering, procurement, and construction firms, or EPCs. SolarEdge Technologies, Inc. was incorporated in 2006 and is headquartered in Herzliya Pituach, Israel.
Market Dynamics | Explore SolarEdge's shifting position in the solar inverter market, facing challenges in Europe while pursuing strategic initiatives to regain lost ground |
Financial Outlook | Analysts project continued earnings pressure, with negative EPS forecasts through 2025. Average price target stands at $16.20, reflecting cautious sentiment |
Strategic Pivot | Delve into SolarEdge's US manufacturing shift, aiming to leverage IRA incentives and improve margins amidst ongoing profitability concerns |
Competitive Edge | Learn how new product launches and cost-cutting measures aim to differentiate SolarEdge in an increasingly competitive inverter market landscape |
Metrics to compare | SEDG | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipSEDGPeersSector | |
|---|---|---|---|---|
P/E Ratio | −5.3x | −3.8x | 12.7x | |
PEG Ratio | −0.07 | 0.00 | 0.01 | |
Price/Book | 5.0x | 1.5x | 2.4x | |
Price / LTM Sales | 1.8x | 0.9x | 2.4x | |
Upside (Analyst Target) | 0.3% | 38.1% | 24.3% | |
Fair Value Upside | Unlock | 26.5% | 4.0% | Unlock |