TD Cowen upgrades SolarEdge Technologies to 'buy'; shares rise

Solaredge Technologies

09/01/2026 15:14

** Shares of solar inverter maker SolarEdge Technologies SEDG.O jump 9.8% to $32.90

** TD Cowen upgrades SEDG to "buy" from "hold"

** Says co's turnaround is driven by new residential solar‑plus‑storage platform and Single Stock Keeping Unit (SKU) strategy, supporting margins and market share gains

** Adds rising U.S. manufacturing and exports strengthens SEDG's competitive position in Europe and could drive 45X growth

** Expects Investor Day in spring to offer mid-term margin guidance, likely above consensus

** 1 of 28 brokerages rate stock "buy", 20 "hold" and 7 "sell" or lower; median PT is $33 - data complied by LSEG

** In 2025, SEDG rose 105.7%

(Reporting by Varun Sahay in Bengaluru)

((Varun.sahay@thomsonreuters.com))