SolarEdge (SEDG) Climbs 13% as Peers Post Strong Earnings

We recently published 10 Stocks With Monster Gains. SolarEdge Technologies Inc. (NASDAQ:SEDG) was one of the top performers on Wednesday.

SolarEdge Technologies soared by 13.14 percent on Wednesday to close at $35.04 apiece as investors loaded portfolios ahead of its earnings outcome, with optimism helped by a counterpart’s announcement of a 430 percent expansion in customer base last year.

According to the company, it is scheduled to release its financial and operating highlights for the fourth quarter and full-year 2025 before market open on February 18.

To recall, SolarEdge Technologies Inc. (NASDAQ:SEDG) provided a $310 million to $340 million revenue outlook for the fourth quarter; a non-GAAP gross margin of 19 to 23 percent; and non-GAAP operating expenses of $85 million to $90 million.

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In other developments, investor optimism spilled over to SolarEdge Technologies Inc. (NASDAQ:SEDG) after Sunrun Inc.—one of the leading solar power providers in the US—announced on the same day that its customer base last year jumped by 430 percent to 106,000 from only 20,000 in 2024.

The dramatic increase suggested a strong demand for solar services, further bolstered by expectations of a 25 percent jump in energy demand over the next four years, sparking robust prospects for solar technology providers such as SolarEdge Technologies Inc. (NASDAQ:SEDG).

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Disclosure: None. This article is originally published at Insider Monkey.