SolarEdge Technologies Inc
SEDG: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$17.00 | Fwzvc | Hpzqbzv |
SolarEdge Earnings: European Excess Channel Inventories to Continue Into 2025
We lower our fair value estimate for no-moat SolarEdge to $33 per share from $40 following the company’s second-quarter results. Our reduced valuation is driven by reduced long-term margin estimates. We expect shares to remain volatile in the near-term, but believe shares are approaching a bottom as operating results rebound in 2025.