SolarEdge price target raised to $36 from $32 at Goldman Sachs

Goldman Sachs analyst Brian Lee raised the firm’s price target on SolarEdge (SEDG) to $36 from $32 and keeps a Neutral rating on the shares. SolarEdge reported strong Q4 results, with revenue and margins above expectations, and provided Q1 guidance anticipating positive free cash flow, the analyst tells investors in a research note. However, near-term investor optimism was muted due to limited upside versus elevated expectations following peer Enphase Energy (ENPH) results, early-stage progress on the AI Data Centers opportunity, and uncertainty around further margin expansion and free cash flow through 2026, the firm says.