Truist Financial analyst Jordan Levy maintains $SolarEdge Technologies (SEDG.US)$ with a hold rating, and adjusts the target price from $20 to $15.
According to TipRanks data, the analyst has a success rate of 32.5% and a total average return of -16.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $SolarEdge Technologies (SEDG.US)$'s main analysts recently are as follows:
SolarEdge's recent financial performance has been impacted by diminished demand in Europe, reduced selling prices, and expectations of a decreased EBITDA margin continuing at least until 2026. Potential changes in tax credits and growth opportunities in the U.S. during a possible second term for President Trump also contribute to the company's challenges. The firm notes that SolarEdge's future in terms of European market demand recovery and a clear timeline for achieving positive EBITDA remains uncertain.
SolarEdge's outlook has been affected as the firm's Q4 guidance fell short of expectations, indicating a misjudgment in the anticipated scale and timing of the trough in revenue and margins, particularly as conditions in the European market have deteriorated further. The coming months are pivotal for SolarEdge due to the approach of a significant debt maturity in September 2025, especially in light of another quarter marked by a reduction in free cash flow.
Challenges in Europe persist, affecting projections, as the guidance for the fourth quarter was reported to be significantly below the consensus.
Note:
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