SolarEdge ‘good candidate’ for activist investor, says Northland

Northland thinks consensus estimates for SolarEdge are “low and likely to increase” when the company reports Q1 results, but also believes calendar year 2025 consensus is “too high.” SolarEdge, which has pursued vertical integration rather than have a laser focus on ASIC design and software, where it can create product differentiation, would be “a good candidate for an activist shareholder” given the firm thinks that a “restructuring is overdue,” the analyst tells investors. Northland maintains an Outperform rating and $120 price target on SolarEdge shares.