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SolarEdge shares drop 24% after weak Q3 revenue forecast amid US residential solar challenges

Company Fundamentals
05 Aug 2026
Proactive Investors
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Bearish
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SolarEdge Technologies reported strong Q2 results with revenue up 19.6% year-over-year and improved profitability, but its Q3 revenue forecast of $310-$340 million fell short of analyst expectations due to ongoing uncertainty in US residential solar demand. The company’s CEO highlighted growth in European and US commercial markets offsetting US residential weakness. Despite the weaker outlook, SolarEdge narrowed its GAAP net loss significantly and generated positive free cash flow, signaling progress in its turnaround. Investors remain cautious as the US residential solar market challenges persist.

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