SEDG
SolarEdge Technologies, Inc.
SEDG lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to grow, though they disagree widely on how much.
SEDG Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Healthy | |
| Strong |
SEDG's revenue, cash flow and balance sheet are currently healthy, but its profitability is under pressure.
SEDG PE Valuation
SEDG has no meaningful PE right now: it lost money over the past year.
SEDG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Decline | |
| Strongly weakening | |
| Moderate | |
| Low |
Analysts expect SEDG's losses to grow, with revenue declining. However, they disagree widely on these estimates.
SEDG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2024 | -$28.89 | -889% |
| Q2 2024 | -$8.84 | -271% |
| Q1 2024 | -$4.50 | -232% |
| Q4 2023 | $0.60 | -64% |
| Q3 2023 | $3.66 | +81% |
| Q2 2023 | $5.17 | +103% |
| Q1 2023 | $3.40 | +9.3% |
| Q4 2022 | $1.65 | -46% |
SEDG is still losing money, but far less than before: $3.80 per share over the past year, against $28.89 at its worst in late 2024.
SEDG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $326.1M | -4.1% |
| Q2 2026 | $346.2M | +20% |
| Q1 2026 | $310.5M | +41% |
| Q4 2025 | $335.4M | +96% |
| Q3 2025 | $340.2M | +30% |
| Q2 2025 | $289.4M | +9.1% |
| Q1 2025 | $219.5M | +7.4% |
| Q4 2024 | $170.7M | -46% |
SEDG's revenue is growing: $326M last quarter, down 4.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -0.6% | +9.8 points |
| Q2 2026 | -4.6% | +35 points |
| Q1 2026 | -18% | +29 points |
| Q4 2025 | -14% | +155 points |
| Q3 2025 | -10% | +406 points |
| Q2 2025 | -40% | +21 points |
| Q1 2025 | -47% | +38 points |
| Q4 2024 | -169% | -94 points |
SEDG's operating margin was −0.6% last quarter, up 9.8 points from the same quarter a year ago.
SEDG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $7.8M | -66% |
| Q2 2026 | $3.1M | +$12.2M |
| Q1 2026 | $20.7M | -13% |
| Q4 2025 | $43.3M | +54756% |
| Q3 2025 | $22.8M | +$134M |
| Q2 2025 | -$9.1M | +$57.9M |
| Q1 2025 | $23.7M | +$267.1M |
| Q4 2024 | $79K | +$180.5M |
SEDG still generates free cash flow, though less than at its 2020 peak: $75M over the past year.
SEDG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1% | +608K shares |
| 1 year | +4% | +2.4M shares |
| 3 years | +8.8% | +5M shares |
| 5 years | +10% | +5.7M shares |
| Available history | +23% | +11.5M shares |
SEDG has 62M diluted shares, up 4% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $121,000 |
| Q3 2024 | $300,000 |
| Q2 2024 | $16.8M |
| Q1 2024 | $33.2M |
SEDG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2023 | -3.5x | Net Cash |
| Q3 2023 | -1.7x | Net Cash |
| Q2 2023 | -1.3x | Net Cash |
| Q1 2023 | -2.3x | Net Cash |
| Q4 2022 | -3.6x | Net Cash |
| Q3 2022 | -2.6x | Net Cash |
| Q2 2022 | -3.1x | Net Cash |
| Q1 2022 | -3.9x | Net Cash |
SEDG has more cash than debt.
SEDG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.7 | Neutral |
| Stochastic | 6.2 | Oversold |
SEDG's weekly RSI is 34 (neutral) and its Stochastic is 6 (oversold).
SEDG PE vs Energy Sector
| Metric | SEDG | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
SEDG has no meaningful PE right now: it lost money over the past year.
SEDG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $30.6 | 21% below |
| 20 week MA | $36.0 | 32% below |
| 50 week MA | $40.3 | 40% below |
| 100 week MA | $31.9 | 24% below |
| 200 week MA | $79.4 | 69% below |
SEDG is in a downtrend: it's below all five of its weekly moving averages, and 69% below its 200-week average.
SEDG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $94.3 | $324.1 | +244% |
| 2021 | $324.1 | $283.3 | -13% |
| 2022 | $283.3 | $310.2 | +9.5% |
| 2023 | $310.2 | $93.6 | -70% |
| 2024 | $93.6 | $13.8 | -85% |
| 2025 | $13.8 | $30.5 | +121% |
| 2026 YTD | $30.5 | $24.3 | -20% |
SEDG's yearly returns have swung widely, from +244% in 2020 to −85% in 2024. It's down 20% so far in 2026.