DB ups SMA Solar to 'buy' on self-help measures, storage demand and policy tailwinds

Sma Solar Technology AG

20/07/2026 09:10

** Deutsche Bank ups German solar power parts supplier SMA Solar S92G.DE to "buy" from "hold", citing self-help measures, rising storage demand and supportive policy trends
** The broker says the equity has become more attractive, while execution risks are gradually diminishing
** According to Deutsche Bank, the investment case is no longer tied solely to a cyclical recovery in the solar market
** SMA's product portfolio is increasingly aligned with growing demand for energy storage solutions, DB says
** "European policy is shifting residential economics toward self-consumption and storage," the broker adds
** Potential restrictions on high-risk inverter suppliers could bolster SMA's competitive position in utility-scale solar projects and battery energy storage systems (BESS), DB says
** Out of 7 analysts that cover SMA Solar Technology AG, three rate the stock "strong buy"/"buy,"​four rate it "hold" - LSEG data

 (Reporting by Amir Orusov)
 ((Amir.orusov@thomsonreuters.com))