It has been about a month since the last earnings report for SolarEdge Technologies (SEDG). Shares have added about 18.3% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is SolarEdge due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
How Have Estimates Been Moving Since Then?
It turns out, fresh estimates have trended upward during the past month.
The consensus estimate has shifted 8.89% due to these changes.
VGM Scores
Currently, SolarEdge has a nice Growth Score of B, though it is lagging a bit on the Momentum Score front with a C. However, the stock was allocated a grade of F on the value side, putting it in the lowest quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, SolarEdge has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry Player
SolarEdge belongs to the Zacks Solar industry. Another stock from the same industry, First Solar (FSLR), has gained 23.1% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.
First Solar reported revenues of $844.57 million in the last reported quarter, representing a year-over-year change of +6.4%. EPS of $1.95 for the same period compares with $2.20 a year ago.
First Solar is expected to post earnings of $2.66 per share for the current quarter, representing a year-over-year change of -18.2%. Over the last 30 days, the Zacks Consensus Estimate has changed -5.3%.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #5 (Strong Sell) for First Solar. Also, the stock has a VGM Score of F.
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
