TLDR
- SolarEdge stock jumped 8.5% in morning trading after Barclays raised its price target to $36 from $29
- The stock reached a new 52-week high of $40.54, marking a 174% gain year-to-date
- Barclays maintained an ‘Equal-Weight’ rating despite the 24% price target increase
- The company’s market capitalization stands at $2.4 billion with current revenue of $940.6 million
- Over the past year, SolarEdge has posted a 122.17% increase in stock price
SolarEdge Technologies stock surged in morning trading on Wednesday, climbing 8.5% after receiving a price target boost from Barclays. The investment bank raised its target to $36 from $29, representing a 24% increase.
Barclays analyst Christine Cho announced the new price target while keeping the firm’s ‘Equal-Weight’ rating unchanged. This means the bank now sees more upside potential in the stock price without changing its neutral overall stance on the company.
The stock reached $40.57 per share during the session, establishing a new 52-week high of $40.54. This marks a continuation of what has been a strong year for the solar power systems company.
SolarEdge has posted a 174% gain since the beginning of 2025. Over the past six months alone, the stock has jumped 148.5%.
The price movement occurred as the green energy sector showed positive momentum. Investors appear to have growing interest in renewable energy companies.
Recent Analyst Activity
Last week, SolarEdge faced a different analyst view when Jefferies raised its price target but maintained an ‘Underperform’ rating. The firm increased its target to $24 from $20, expressing concerns about the stock’s valuation after its recent rally.
Jefferies projected that SolarEdge’s sales volumes would grow slower than market expectations. The firm also stated it did not expect the company to generate core profits through 2027.
The stock dropped 4.8% on that news, highlighting how sensitive SolarEdge shares are to analyst commentary. The company’s stock has experienced 92 moves greater than 5% over the past year, making it one of the more volatile names in the sector.
International Expansion Plans
SolarEdge recently started exporting its U.S.-manufactured residential solar products to Australia. This marks the beginning of the company’s international export strategy.
The company plans to expand these exports to additional international markets by the fourth quarter of 2025. SolarEdge also intends to begin international shipments of U.S.-manufactured commercial and industrial solar products during the same period.
The recovery in China’s solar sector has benefited U.S. solar stocks broadly. Solar wafer prices have been rising, which helps companies throughout the solar supply chain.
Financial Performance
SolarEdge reported Q2 2025 earnings that exceeded revenue expectations. The company posted $289 million in revenue compared to forecasts of $273.63 million, representing a 5.77% surprise.
The company’s earnings per share came in at negative $0.81, slightly better than the expected negative $0.85. Current revenue stands at $940.6 million with a market capitalization of $2.4 billion.
Investors who purchased $1,000 worth of SolarEdge shares five years ago would now hold an investment worth $132.85. The stock is currently trading near its InvestingPro Fair Value.
