WinstonWınston
Back
Stock

SolarEdge Technologies

SEDG
26
Solar · Energy
Also trades as: 0L7S.L GBP 0.33 (+4.29%)
Price
$33.32
+0.38 (+1.15%)
Market Cap
$2.05B
Exchange
NASDAQ
Winston Score
26
Winston is worried
Below-average fundamentals — multiple weak pillars.
Data as of Oct 25, 2026 · filings through Jun 30, 2026

§How the score breaks down

Quality
Weak
4/30
Growth
Good
12/20
Cash Flow
Weak
2/10
Stability
Mixed
3/10
Valuation
Data not available
0/10
Ownership
Mixed
4/15
Dividends
Not counted
n/a

25 of 95 counted points = Winston Score 26. Pillars marked n/a do not apply to this company and are left out of the total.

Track this stock — start free trial

Share count rising — dilution

+6.9% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 56.0M (2021) → 59.8M (2025)

§Winston Score History

The full picture

SolarEdge Technologies makes equipment that helps solar panels work more efficiently. Its main products are power optimizers and inverters — devices that convert the electricity solar panels generate into usable power for homes and businesses. The company also makes battery storage systems and software tools for monitoring solar installations, selling mostly to solar installers and homeowners across residential and commercial markets.

SolarEdge earns money by selling hardware, with inverters and optimizers making up the bulk of revenue. It operates globally, with Europe and the United States as its largest markets, and generated roughly $2–3 billion in annual revenue at its peak. The company built a strong position by pairing its optimizers with inverters in a way that locked in installers on its ecosystem, but it faces intense competition from Enphase and cheaper Chinese rivals. The biggest risk right now is a severe demand slowdown in Europe combined with high inventory levels, which has pushed the company into significant operating losses.

Politician Trades

1 trades / 12mo

0 Congressional buys and 1 sell on SEDG in the last 12 months.

Unlock the full Smart Money Map — every trade plotted on the price chart with politicians, amounts and returns since each trade. Founder's Deal is $57/mo locked for life.

Unlock politician trades

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+19.6% YoY

YoY Growth Rate

Steady revenue growth

Reported EPS Growth

+76.7% YoY

Quarterly reporting periods ended:

30 Jun 2025: $-2.15

30 Jun 2026: $-0.50

Reported/statutory EPS, not adjusted or underlying earnings. One-off items can affect this figure. Provider rounding can affect the growth rate.

YoY Growth Rate

Reported EPS increased year over year

R&D Spend

$221M/ year

↓ Declining (-20% vs prior year)

18.7% of revenue

18.7x the sector average (1%)

R&D spend declining — could signal cost-cutting or efficiency

Insider Activity

1.7%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$547M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth + cash flow

SolarEdge Technologies is a rare growth stock that's already generating positive cash flow while growing at 20%. The Winston Score doesn't fully credit this transition from "burner" to "earner."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
27.5%
Modest — 27.5% gross margin
Profit after running costs
Operating Margin
-4.6%
Losing money on operations — -4.6%
Return on the money invested
ROCE
-16.0%
Weak — -16.0% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
+41.6%
Fast-growing sales (+41.6% YoY)
Profit growth
EPS YoY
N/A
—
Data not available
How steady the profit is
EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
N/A
—
Data not available
Spare cash per sale
FCF Margin
6.8%
Modest free cash flow (6.8%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.96
Moderate — manageable debt (0.96)
Covers its interest
Interest Cover
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
N/M
—
Negative earnings — P/E not meaningful
Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial