Solar Edge (SEDG): Best Solar Energy Stocks to Buy Right Now

SolarEdge Technologies Inc. (NASDAQ:SEDG) is one of the best solar energy stocks to buy right now. On May 6, SolarEdge reported Q1 2026 revenues of $310.5 million, representing 46% year-over-year growth despite a 7.4% sequential decline from the previous quarter. The company posted a GAAP net loss of $57.4 million, or $0.95 per share, which showed improvement compared to the $132.1 million loss in Q4 2025. During the period, SolarEdge recognized revenue from approximately 50.5 thousand inverters, 2.4 million optimizers, and 331 MWh of battery storage.

The company achieved its sixth consecutive quarter of margin expansion, with non-GAAP gross margins reaching 23.5%. While operating expenses rose slightly to $123.3 million on a GAAP basis, management noted that excluding a one-time $14 million expense, the underlying operating loss remained flat sequentially. SolarEdge continues to maintain a positive cash position, generating $20.7 million in free cash flow and ending the quarter with a net cash and investment portfolio of $246.2 million.

Solar Edge (SEDG): Best Solar Energy Stocks to Buy Right Now

Looking ahead to Q2 2026, SolarEdge Technologies Inc. (NASDAQ:SEDG) expects revenues to rise to between $325 million and $355 million. Management signaled that a return to operating profitability is in sight, driven by the rollout of the Nexis platform and a new focus on AI data-center power solutions.

SolarEdge Technologies Inc. (NASDAQ:SEDG) develops energy technologies and delivers inverter solutions. The company operates in two segments: solar and all other.

While we acknowledge the risk and potential of SEDG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SEDG and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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