SolarEdge (SEDG) Hits 2-Year High on Strong Q2 Hopes

SolarEdge Technologies Inc. (NASDAQ:SEDG) is one of the 10 Stocks Dominating With Powerful Gains.

SolarEdge soared to an over two-year high on Friday, as investors loaded portfolios on strong investor optimism for the second quarter of the year, ahead of the looming deadline for solar tax credits.

In intra-day trading, the stock climbed to a record high of $63.53 before trimming gains to finish the session just up by 22.93 percent at $61.76 apiece.

For illustration purposes only. Photo by Adrinil Dennis on Pexels

Businesses are expected to scramble to safe-harbor equipment before the July 4 deadline for the government’s federal investment tax credit to qualify for the 30 percent incentive. This, in turn, is expected to help boost sales of SolarEdge Technologies Inc. (NASDAQ:SEDG) in the second quarter of the year.

In other news, SolarEdge Technologies Inc. (NASDAQ:SEDG) announced the appointment of Maoz Sigron as its new chief finance officer, effective May 31, 2026. He will replace incumbent CFO Asaf Alperovitz, who is stepping down to pursue another professional opportunity outside of the industry.

Prior to joining SolarEdge Technologies Inc. (NASDAQ:SEDG), Sigron served as CFO and COO at Perion Network Ltd. He boasts a strong track record in governance, M&A, capital markets, budgeting, and operational discipline.

Alperovitz, on the other hand, will remain with the company until June 9, 2026, to assist with the transition.

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