SolarEdge rallies after Q1 results and upbeat Q2 outlook point to improving profitability trajectory

SolarEdge Technologies, Inc. (SEDG) is up 17.5% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to investors continuing to re-rate the stock after SolarEdge’s first-quarter results and second-quarter outlook suggested improving demand and a path toward breakeven operating profitability. Given the stock’s history of sharp swings, some of the upside may also reflect short-covering and momentum buying following the earnings-driven reset.

Details:

SolarEdge posted first-quarter revenue of $310.5 million and described the quarter as 46% year-over-year revenue growth, alongside continued margin expansion.

The company reported non-GAAP gross margin of 23.5% for the quarter and generated positive free cash flow of $20.7 million.

For the second quarter, SolarEdge guided to revenue of $325 million to $355 million and non-GAAP gross margin of 23% to 27%, which traders may be interpreting as evidence that the turnaround is gaining traction.

SolarEdge also announced a CFO transition, naming Maoz Sigron as CFO effective May 31, 2026, which could be viewed as part of broader operational and financial discipline efforts.

Sources:

SEC, SolarEdge Investor Relations, pv magazine USA

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$SEDG Hedge Fund Activity

We have seen 149 institutional investors add shares of $SEDG stock to their portfolio, and 166 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

ROYAL BANK OF CANADA removed 3,855,697 shares (-98.6%) from their portfolio in Q4 2025, for an estimated $111,236,858
UBS GROUP AG removed 1,601,292 shares (-38.0%) from their portfolio in Q1 2026, for an estimated $80,897,271
POINT72 ASSET MANAGEMENT, L.P. added 1,123,558 shares (+5896.7%) to their portfolio in Q4 2025, for an estimated $32,414,648
D. E. SHAW & CO., INC. removed 1,095,873 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $31,615,936
MEITAV INVESTMENT HOUSE LTD added 858,954 shares (+541.6%) to their portfolio in Q1 2026, for an estimated $43,394,356
LORD, ABBETT & CO. LLC removed 773,925 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $39,098,691
MENORA MIVTACHIM HOLDINGS LTD. added 608,400 shares (+28.1%) to their portfolio in Q1 2026, for an estimated $30,736,368

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$SEDG Analyst Ratings

Wall Street analysts have issued reports on $SEDG in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

Citigroup issued a "Sell" rating on 12/18/2025

To track analyst ratings and price targets for $SEDG, check out Quiver Quantitative's $SEDG forecast page.

$SEDG Price Targets

Multiple analysts have issued price targets for $SEDG recently. We have seen 12 analysts offer price targets for $SEDG in the last 6 months, with a median target of $37.0.

Here are some recent targets:

Christopher Dendrinos from RBC Capital set a target price of $30.0 on 05/07/2026
Vikram Bagri from Citigroup set a target price of $27.0 on 05/07/2026
Jon Windham from UBS set a target price of $41.0 on 05/07/2026
Mark Strouse from JP Morgan set a target price of $35.0 on 04/16/2026
Brian Lee from Goldman Sachs set a target price of $31.0 on 04/15/2026
Biju Perincheril from Susquehanna set a target price of $45.0 on 04/09/2026
Christine Cho from Barclays set a target price of $41.0 on 04/08/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.