SolarEdge Technologies stock faces significant challenges, despite the company’s promising smart energy technology. The surprise resignation of CEO Zvi Landau shortly after the release of second-quarter 2024 results has investors worried. SolarEdge continues to struggle with supply chain issues and oversupply, particularly in Europe. Actual demand was about $520 million in the second quarter, while sales were just $265 million.
Prospects for 2025
Experts don’t expect inventories and sales to return to normal until early 2025. SolarEdge expects sales of about $550 million for the second quarter of 2025. Despite the current difficulties, the company, which is valued at just 0.5 times sales, remains interesting for long-term investors, provided there are no further negative surprises.
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