SolarEdge Technologies Inc. (SEDG) recently announced that its first Commercial Storage System (CSS) for photovoltaic (PV) applications can now be ordered in Italy. CSS can be deployed in small or medium commercial solar installations. Significance of the CSSThe CSS, unveiled in June 2023, marks the first storage solution available for commercial-scale solar applications in Italy’s market. The system is coupled with SolarEdge’s high-efficiency DC-optimized PV inverters and SolarEdge ONE for commercial and i ...

Jeremy PolandSolarEdge (NASDAQ:SEDG) has been one of the more frustrating holdings in my portfolio, but unfortunately it isn’t clear if that suffering is ending anytime soon. The company has seen revenues fall off a cliff, with both unit-level and bottom-line margins getting crushed in tandem. It doesn’t help that its closest competitor is showing far greater resiliency from a profitability perspective. My initial investment thesis appears to be breaking apart, as this cyclical downturn has posed great ...

The most recent trading session ended with SolarEdge Technologies (SEDG) standing at $62.25, reflecting a -0.72% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 0.57%. At the same time, the Dow added 0.83%, and the tech-heavy Nasdaq gained 0.39%.The photovoltaic products maker's shares have seen a decrease of 26.29% over the last month, not keeping up with the Oils-Energy sector's gain of 4.48% and the S&P 500's gain of 2.97%.Analysts and investor ...

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge” or “the Company”) (NASDAQ: SEDG), a global leader in smart energy technology announced today that the Company’s first Commercial Storage System (CSS) for PV applications is now available for order in Italy. Designed for small to medium commercial solar installations, the SolarEdge CSS is suited for indoor and outdoor applications. The solution is comprised of a 102.4 kWh-rated battery cabinet and a 50 KW battery inverter and is ...

The most recent trading session ended with SolarEdge Technologies (SEDG) standing at $75.72, reflecting a +0.61% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily loss of 0.65%. Meanwhile, the Dow experienced a drop of 0.18%, and the technology-dominated Nasdaq saw a decrease of 1.16%.Heading into today, shares of the photovoltaic products maker had lost 0.33% over the past month, lagging the Oils-Energy sector's gain of 4.75% and the S&P 500's gain ...

MILPITAS, Calif. & MUNICH--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, today announced that it has signed an agreement to invest in and partner with AMPEERS ENERGY (“AMPEERS”), a German based software start-up that designs and operates solutions for decarbonizing entire portfolios of multi-dwelling buildings and serves a broad spectrum of real estate companies across Germany and Austria. By pairing SolarEdge’s proven solar and smar ...

Investors in SolarEdge Technologies (SEDG 3.37%), a leading manufacturer of inverters that convert solar energy into usable electric current, had a bad week last week. Reporting earnings Tuesday evening, SolarEdge was forced to admit that its quarterly sales declined 65% year over year, while its year-ago profit flipped to a loss in Q4 2023 -- $2.85 per share in net losses.But hey, the news wasn't all bad. While admitting that end-market demand looks weak, and SolarEdge is suffering from overstuffed invento ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to __________ Commission File Number: 001-36894 SOLAREDGE TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 20-5338862 (State or ot ...

Shares of SolarEdge Technologies, Inc. (SEDG) lost 12.1% to reach $74.14 on Feb 21, following the company’s latest financial report release.  It reported a fourth-quarter 2023 adjusted loss of 92 cents per share, narrower than the Zacks Consensus Estimate of loss of $1.47. The bottom line deteriorated from the prior-year quarter’s reported earnings of $2.86 per share.Barring one-time adjustments, the company recorded a GAAP loss of $2.85 per share against earnings of 36 cents recorded in the year-ago period ...

Solaredge Technologies (NASDAQ:SEDG) stock is falling hard on Wednesday after the company solar power panel company posted its Q4 2023 earnings report.The bad news for SEDG stockholders comes from the company’s outlook for the first quarter of 2024. This has it expecting to range from $175 million to $215 million. That would see it missing Wall Street’s revenue estimate of $406.29 million for the quarter.Solaredge Technologies CEO Zvi Lando provided some insight into the company’s struggles in its latest ea ...