$SEDG

Hedge funds reduced long positions in Amazon, Tesla, Meta, Alphabet, and Apple in August, while increasing shorts in Amazon, Alphabet, and Apple. AI debt financing raised concerns about future cash flows. Nvidia saw a decline in short interest. MACOM Technology Solutions shifted from short to long bias. Semiconductor sector sentiment turned modestly less bullish, with Applied Materials, Nvidia, and Lam Research seeing the most long crowding.

SolarEdge (SEDG) announced progress in its 800V data center power system, with lab validation underway. The company also published a white paper with NVIDIA on 800V DC protection. Q2 revenue was $346.2M, up 20% YoY, with positive operating income and free cash flow. The company aims to address the AI data center market opportunity.

SolarEdge (SEDG) aims for $2.4B in revenue by 2029, targeting growth in AI data center power and battery storage. The company reported $20M in upsell revenue from Europe and highlighted its Nexis system's efficiency and value. SolarEdge's U.S. rooftop solar market share rose to 57%. It also detailed plans for solid-state transformers for AI data centers, projecting $600M in revenue by 2029. The company expects margin expansion and positive free cash flow for 2026.

Jefferies maintained a Hold rating on SolarEdge Technologies (SEDG) with a $31 target, citing revenue growth and margin expansion but noting overvaluation. SEDG trades at $36.75, above the target and InvestingPro’s Fair Value. The company reported 42% revenue growth over 12 months and targets $1.8B core revenue by 2029. UBS upgraded SEDG to Buy with a $42 target, while Mizuho raised its target to $40. Oppenheimer kept a Perform rating.

RBC increased its price target for SolarEdge Technologies from $24 to $30, maintaining a 'Sector Perform' rating. The company's stock has risen 27.38% year-to-date. SolarEdge recently advanced its powertrain for AI data centers, according to the report.

Iran conflict escalation has lifted oil prices, benefiting defense, solar, and refining stocks. SAIC (NASDAQ: SAIC) reported strong Q2 2027 results with 5% organic revenue growth, $193M adjusted EBITDA, and raised its earnings outlook. SolarEdge (NASDAQ: SEDG) saw Q2 2026 revenue growth of 20% but faces financing and market challenges. Marathon Petroleum (NYSE: MPC) reported a near-fourfold profit surge in Q2 2026 due to high crack spreads, with shares up 140% YTD.

SolarEdge Technologies (SEDG) expects revenue to reach $2.4B and gross margin to hit 35% by 2029, driven by growth in storage and AI factories. The company attributes this to a strong turnaround and disciplined execution, with core markets shifting to PV-plus storage and Nexis platform adoption.

SolarEdge Technologies (SEDG) shares rose 1.96% after announcing a milestone in 800 VDC data center power hardware and a joint framework with NVIDIA (NVDA). The company's stock is up 11% from its 20-day average but remains below its 50-day and 200-day averages. SolarEdge's CEO highlighted the importance of industry collaboration for 800 VDC adoption.

SolarEdge Technologies (SEDG) projected revenue of $2.4B and EBIT of $360M by 2029, up from $1.29B revenue and zero EBIT in 2026. Its P/S ratio is 1.53, below historical median of 2.73. GF Value™ estimates SEDG is 17.1% overvalued. The company has a GF Score™ of 73, with strengths in profitability and momentum but weaknesses in financial stability and growth.

SolarEdge (SEDG) fell 4% to $33.73 despite announcing an 800 VDC power framework with NVIDIA (NVDA), as investors await revenue details. Enphase (ENPH) and First Solar (FSLR) rose 2%, while the solar ETF (TAN) dropped 1%. SEDG reported 20% revenue growth and 28.6% gross margin, but lacks contracted volume for its AI data center plans.