AcquisitionSolarEdge has enhanced its product offering by acquiring Wevo Energy, integrating advanced EV charging software for an enriched commercial portfolio.
Growth StrategyAnalyst reiterates Buy rating, highlighting SolarEdge's potential for revenue growth and margin recovery, supported by a strong strategy in the EV charger and battery segment.
Market ExpansionSolarEdge is poised for growth in Europe and the U.S., leveraging favorable market conditions and strategic initiatives to outpace competitors and achieve higher gross margins.