SolarEdge Technologies (NASDAQ:SEDG) shares experienced a significant surge on Tuesday, rising nearly 12% after a noteworthy analyst upgrade. The stock has also increased by 50% year-to-date.
SolarEdge (SEDG) reported earnings 30 days ago. What's next for the stock?
Leading solar inverter system supplier SolarEdge Technologies reported better-than-expected Q1/2025 results with sequential top line growth and positive free cash flow. While overall market conditions remain challenging, SEDG benefited from a sizeable amount of safe harbor revenue. With the painful multi-quarter inventory correction in Europe expected to be behind the company soon, there's potential for sizeable near-term revenue growth in the second half of the year.
SolarEdge is forecasting a better-than-expected second quarter, 10% above estimates. The impact of tariffs seems manageable. The balance sheet is resilient; with neutral FCF in FY25 and a $110m net cash position, the 2025 debt repayment seems under control.
SolarEdge Technologies, Inc. (NASDAQ:SEDG ) Q1 2025 Earnings Conference Call May 6, 2025 8:00 AM ET Company Participants J.B. Lowe - Head of IR Shuki Nir - CEO Asaf Alperovitz - CFO Conference Call Participants Christine Cho - Barclays Colin Rusch - Oppenheimer Philip Shen - Roth Capital Partners Drew Chamberlain - JPMorgan Corinne Blanchard - Deutsche Bank Hannah Velasquez - Jefferies Brian Lee - Goldman Sachs Austin Moeller - Canaccord Kashy Harrison - Piper Sandler Ameet Thakkar - BMO Capital Markets Henry Roberts - Truist Vikram Bagri - Citi Operator Hello, and welcome to the SolarEdge Conference Call for the First Quarter Ended March, 31, 2025.
SolarEdge Technologies (SEDG) came out with a quarterly loss of $1.14 per share versus the Zacks Consensus Estimate of a loss of $1.20. This compares to loss of $1.90 per share a year ago.
The solar firm reported first-quarter adjusted loss per share was $1.14, on revenue of $219.5 million.
SolarEdge (SEDG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SolarEdge Technologies (SEDG) closed at $11.72 in the latest trading session, marking a -1.72% move from the prior day.
Here is how Expand Energy (EXE) and SolarEdge Technologies (SEDG) have performed compared to their sector so far this year.
The latest trading day saw SolarEdge Technologies (SEDG) settling at $16.83, representing a +0.87% change from its previous close.
In the latest trading session, SolarEdge Technologies (SEDG) closed at $15.93, marking a -1.06% move from the previous day.