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SolarEdge Technologies (SEDG) Outpaces Stock Market Gains: What You Should Know

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SolarEdge Technologies (SEDG - Free Report) closed the most recent trading day at $32.16, moving +1.64% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.6%. Meanwhile, the Dow experienced a rise of 0.03%, and the technology-dominated Nasdaq saw an increase of 1.18%.

Coming into today, shares of the photovoltaic products maker had gained 0.35% in the past month. In that same time, the Oils-Energy sector gained 7.33%, while the S&P 500 lost 0.79%.

Investors will be eagerly watching for the performance of SolarEdge Technologies in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 4, 2026. On that day, SolarEdge Technologies is projected to report earnings of $0.02 per share, which would represent year-over-year growth of 106.45%. Meanwhile, the latest consensus estimate predicts the revenue to be $329.11 million, indicating a 3.25% decrease compared to the same quarter of the previous year.

SEDG's full-year Zacks Consensus Estimates are calling for earnings of -$0.31 per share and revenue of $1.3 billion. These results would represent year-over-year changes of +86.97% and +9.83%, respectively.

Investors might also notice recent changes to analyst estimates for SolarEdge Technologies. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 3.43% higher. Currently, SolarEdge Technologies is carrying a Zacks Rank of #3 (Hold).

The Solar industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 196, finds itself in the bottom 21% echelons of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

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