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SolarEdge Technologies to Report Q3 Earnings: Here's What to Expect

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Key Takeaways

  • SolarEdge Q3 earnings are expected to improve 106.5%, with consensus EPS pegged at 2 cents.
  • SEDG expects revenues of $310-$340 million amid U.S. residential softness and seasonal weakness in Europe.
  • SEDG's cost controls, expanding margins and rising storage adoption may support results.

SolarEdge Technologies, Inc. (SEDG - Free Report) is scheduled to release third-quarter 2026 results on Nov. 4, before market open. The company delivered an earnings surprise of 50% in the last reported quarter.

Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.

Factors at Play Ahead of SEDG’s Q3 Results

SolarEdge Technologies expects continued softness in the U.S. residential market in the third quarter, while strong Commercial and Industrial demand is likely to have provided some support.

In Europe, revenues are expected to have declined sequentially due to seasonal weakness in solar and storage demand. However, rising storage adoption in the United States and Germany may have offered some support to shipments and third-quarter revenues.

SEDG's cost-control initiatives and expanding gross margins are likely to have boosted its third-quarter earnings.

Q3 Expectations for SEDG

The Zacks Consensus Estimate for earnings is pegged at 2 cents per share, indicating a year-over-year improvement of 106.5%.

The company expects revenues to be $310-$340 million. The Zacks Consensus Estimate for revenues stands at $329.1 million, which suggests a fall of 3.3% from the year-ago reported number.

The Zacks Consensus Estimate for Power optimizers shipped is pegged at 2,532.31 thousands, implying a 12.8% decrease from the year-ago reported level.

The Zacks Consensus Estimate for Inverters shipped is pegged at 65.66 thousands, indicating a 23.3% decline from the year-ago reported level.

What the Zacks Model Unveils for SEDG

Our proven model predicts an earnings beat for SolarEdge Technologies this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as you will see below.

Earnings ESP: SEDG has an Earnings ESP of +198.04%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: Currently, SolarEdge Technologies carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.

 

Other Stocks to Consider

Investors may consider the following players from the same sector, as these also have the right combination of elements to post an earnings beat this reporting cycle.

Ormat Technologies Inc. (ORA - Free Report) is slated to report its third-quarter 2026 results on Nov. 4, after market close. It has an Earnings ESP of +24.08% and a Zacks Rank of 3 at present.

The Zacks Consensus Estimate for ORA’s earnings is pegged at 36 cents, implying a year-over-year fall of 12.2%. The consensus estimate for its sales stands at $246.1 million, suggesting a year-over-year decline of 1.5%.

Devon Energy (DVN - Free Report) is expected to report its third-quarter 2026 results on Nov. 5, after market close. It has an Earnings ESP of +5.07% and carries a Zacks Rank of 2 at present. 

The Zacks Consensus Estimate for DVN’s earnings is pegged at $1.24 per share, indicating a year-over-year surge of 19.2%. The consensus estimate for its sales stands at $7.33 billion, calling for a year-over-year jump of 69.2%.

Plains All American Pipeline, L.P. (PAA - Free Report) is slated to report its third-quarter 2026 results on Nov. 6, before market open. It has an Earnings ESP of +11.94% and a Zacks Rank of 2 at present.

The Zacks Consensus Estimate for PAA’s earnings is pegged at 40 cents per share, indicating a year-over-year rise of 2.6%. The consensus estimate for its sales stands at $16.41 billion, suggesting a year-over-year rise of 41.7%.

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