SolarEdge Technologies Inc
SEDG: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$46.00 | Jlmh | Crtyxjl |
SolarEdge's End Market Diversification Should Help It Navigate Rooftop Solar Slowdown
Business Strategy and Outlook
SolarEdge is the largest global solar inverter manufacturer, based on revenue. The inverter is often referred to as the brains of a solar system, with its purpose being to convert direct current produced by solar panels into alternating current used by households/grid and optimize energy production.