10 Worst Performing Solar Stocks to Buy Now

7. Solaredge Technologies Inc. (NASDAQ:SEDG)

6-Month Performance as of February 27: -27.83%

Number of Hedge Fund Holders: 30

Solaredge Technologies Inc. (NASDAQ:SEDG) designs, develops, manufactures, and sells DC-optimized inverter systems and a suite of related products for solar photovoltaic (PV) installations globally. This includes power optimizers, inverters, batteries, storage solutions, EV chargers, smart tracking, and energy management software, along with cloud-based monitoring and design tools.

Its solar product segment features inverters, optimizers, and energy management software. In Q4 2024, this segment generated $189 million in revenue, with 60% coming from the US, 24% from Europe, and 16% from international markets. It shipped 895 megawatts, of which 63% was for commercial/utility and 37% was for residential, with an average selling price of $0.208 per watt. It’s ramping US manufacturing, with facilities in Austin and Florida producing inverters and optimizers. By focusing on domestic manufacturing, it’s aiming to capture more of the US market.

The company is focusing on regaining market share through stronger customer relationships and technological advancements. Solaredge Technologies Inc. (NASDAQ:SEDG) is prioritizing innovation, particularly in energy management software and its next-generation Nexus residential portfolio, which is expected to come out in Q4 2025. Its commercial battery product is gaining traction in Europe and international markets.