Susquehanna analyst Charles Minervino raised the firm’s price target on SolarEdge (SEDG) to $44 from $40 and keeps a Neutral rating on the shares. The firm said they reported 3Q results with a beat on both revenue and EPS. SEDG regained the number 1 market share position in the U.S. resi space for the first time since 2021 and is positioned to take additional share in 2026 as the market shifts toward TPO offerings with the elimination of the 25D credit.
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Read More on SEDG:
- SolarEdge price target raised to $34 from $26 at TD Cowen
- Cautious Outlook for SolarEdge Technologies Amid Market Challenges and Policy Changes
- SolarEdge price target raised to $25 from $19 at BMO Capital
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- SolarEdge Technologies: Balancing Growth Opportunities and Revenue Concerns with a Hold Rating