BofA raises PT on solar inverter maker SolarEdge Technologies

Solaredge Technologies

10/03/2026 13:06

** Brokerage BofA Global Research raises rating on solar inverter maker SolarEdge Technologies SEDG.O to "neutral" from "underperform"

** Raises PT to $40 from $17, implying a 15.6% upside to stock's last close

** Says co's margins, revenue trends and liquidity have steadied enough to ease downside risks, helped by its strong position in third‑party ownership solar channels

** "Margin and liquidity improvements are offset by the sharp U.S. residential decline we expect in 2026 before growth resumes in 2027+" - Brokerage

** 1 of 30 brokerages rate the stock "buy", 23 "hold" and 6 "sell" or lower; median PT is $36 - LSEG data

** As of last close, SEDG up 19.9% YTD

(Reporting by Varun Sahay in Bengaluru)

((Varun.sahay@thomsonreuters.com))