SolarEdge Technologies Inc

SEDG: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$77.00	Qjky	Yzclywvts

SolarEdge Earnings: Firm's Not Immune to End-Market Weakness, but Selloff Appears Overdone

Brett Castelli

Aug 2, 2023

We lower our fair value estimate for no-moat SolarEdge to $238 per share from $277 following second-quarter results. The reduced valuation is a result of a decrease in our medium-term revenue and gross margin expectations following weaker-than-expected guidance. SolarEdge shares were trading sharply lower (down 18% at the time of writing), but we increasingly view the selloff as an opportunity.

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