SolarEdge Technologies Inc. (SEDG) has disclosed a new risk, in the Supply Chain category.
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SolarEdge Technologies Inc. faces significant business risks due to the ongoing conflict between Russia and Ukraine, which has exacerbated global supply chain disruptions. The conflict threatens to increase the cost of raw materials like nickel and aluminum, sourced from Russia, and elevate oil prices, thereby inflating shipping expenses. Sanctions imposed by Western governments and potential retaliatory measures by Russia could further destabilize financial markets and economic activities, impacting the company’s operations and product pricing. These challenges may adversely affect SolarEdge’s business performance and financial results.
The average SEDG stock price target is $14.70, implying -19.19% downside potential.
To learn more about SolarEdge Technologies Inc.’s risk factors, click here.