RBC cuts SolarEdge stock price target, keeps Sector Perform rating By Investing.com
RBC Capital has maintained its Sector Perform rating on SolarEdge Technologies (NASDAQ: NASDAQ:) but reduced the price target to $25.00 from the previous $35.00.
The adjustment follows a revision of the company’s 2025 and 2026 financial estimates, taking into account a more conservative outlook on demand and adjusted selling price (ASP) assumptions.
The RBC analyst noted that while SolarEdge could benefit from its positioning with installers in the growing market for third-party ownership (TPO) models, it may face competitive challenges in the short term.
This is particularly pertinent as Tesla (NASDAQ:)’s Powerwall 3 could see increased adoption, potentially outpacing SolarEdge’s efforts to scale up domestic production of its own…
