By the Top Tier Newswire AI Desk · October 28, 2026 at 10:08 AM ET · reviewed against 3 wire stories
SOLAREDGE TECHNOLOGI (SEDG) is down -9.83% in the latest session. Our newswire has captured 3 stories on SEDG across 3 sources in the last 36 hours, with AI sentiment reading bearish (avg 42/100).
SolarEdge Technologies (SEDG) shares fell 9.83% to $29.00, driven by a broader slump in residential solar demand. The decline followed weak guidance from peer Enphase Energy, which reported that U.S. rooftop solar demand is still sliding.
What Happened
Enphase Energy stock sank 20% after its quarterly results and outlook indicated a continued decline in residential solar demand. This sector-wide weakness dragged down other residential-focused peers, including SolarEdge, which dropped 10%, Sunrun, which fell 5%, and First Solar, which dipped.
Analysts have also recently adjusted their outlooks for SolarEdge. BMO Capital maintains an Underperform rating and lowered its price target to $28. JP Morgan maintains a Neutral rating with a lowered price target of $38, while Susquehanna maintains a Neutral rating with a lowered price target of $32.
What The Data Shows
The stock opened at $30.11, a 6.4% gap down from the prior close of $32.16. The session high was $30.11 at 7:00 AM ET, while the low was $28.11 at 9:30 AM ET. Volume stood at 1.3 million shares, which is 0.5x the three-month daily average.
Fundamentally, the company has a market cap of $1.9 billion and is unprofitable with a trailing twelve-month EPS of -4.48. Revenue grew 41.6% over the trailing twelve months, but the net margin is -20.3%. The stock has a beta of 1.44 and trades within a 52-week range of $28.21 to $81.25. Over the last eight sessions, the stock moved -2.1% from $32.85 to $32.16. The stock printed two fresh 52-week lows on October 28, 2026.
In congressional disclosures, Donald J. Trump sold between $1,001 and $15,000 on July 29, 2026. In the last 90 days, there have been zero buys and one sell, with the most recent filing dated September 22, 2026.
What To Watch
Investors should monitor the coverage breadth and future earnings dates for SolarEdge and its residential solar peers to gauge the trajectory of the sector's demand slump.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.