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SolarEdge price target lowered to $10 from $12 at BofA

BofA lowered the firm’s price target on SolarEdge (SEDG) to $10 from $12 and keeps an Underperform rating on the shares. The “One Big Beautiful Bill,” passed in the House last week, introduced new headwinds for residential solar, including 48E leasing restrictions, start-of-construction timelines, and FEOC limits on component sourcing, the analyst tells investors. Though the firm expect the Senate could moderate parts of the bill, it now incorporates full 25D repeal risk into its model, which lowers its 2026 U.S. residential volume forecast by about 3.5GW and drives down its 2026-2027 estimates, the analyst tells investors.

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