SolarEdge Technologies' Shares Are Trading At 5-Year Lows: Analyst Expects 'Return To Profitability' In 2025

Loading... Loading... Shares of SolarEdge Technologies Inc SEDG spiked in early trading on Monday, after plummeting over the past month on the company's announcement of a $300 million private offering. The stock is trading at five-year lows, following the second-quarter guidance miss, underperforming Enphase Energy Inc ENPH and its solar peers by around 50% year to date, according to BofA Securities. The SolarEdge Technologies Analyst: Dimple Gosai upgrades the rating from Underperform to Neutral, while sla ...