SolarEdge: It’s Worse Than I Thought (NASDAQ:SEDG)


Abstract aerial/drone view over a field of solar panels at sunrise

Justin Paget

I thought the alternative energy/solar industry bottomed last November. I put out several bullish notes in the sector, including a piece regarding SolarEdge (NASDAQ:SEDG) “SEDG” stock and how it could recover soon. However, whereas stocks like Enphase (

Year 2024 2025 2026 2027 2028 2029 2030
Revenue Bs $1.4 $2.5 $3 $3.5 $4 $4.5 $5
Revenue growth -53% 78% 20% 17% 14% 13% 11%
EPS -$4 $0 $4 $6 $7 $8 $9
EPS growth N/A N/A N/A 50% 17% 14% 13%
Forward P/E N/A 20 19 18 17 16 15
Stock price $55 $80 $115 $126 $140 $150 $165



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