– Sectors – SolarEdge Technologies Inc. (SEDG)

June 9, 2023

Four Separate “Fire Side” Chats w/ Contacts in China, the EU (Ahead of the SNEC Conf. in Munich), & the U.S. Shed Light on State of Solar Industry

By Gordon L. Johnson II

Burning the Midnight Oil Last Night Provided us an Opportunity to Catch up with Long-Time Contacts in China and the EU, as Well as the U.S. In this note, we provide four separate “fire side”…

SolarEdge Technologies Inc. (SEDG)

Four Separate “Fire Side” Chats w/ Contacts in China, the EU (Ahead of the SNEC Conf. in Munich), & the U.S. Shed Light on State of Solar Industry

SEDG is Hemorrhaging Cash when Adjusting for it Not Paying its Bills; Battery Biz Disappoints; SELL

3Q21 Revs Miss, 4Q21 Revs-GM Guided Below Cons, & Battery Guide Ramp to 2GWh Seems Uncertain; SELL

The “Blow-Out” Quarter That Wasn’t + Further Inventory Bulge + Weak Gross Margin Guide = SELL

Do Enphase’s 1Q21 Results Provide a “Bird’s Eye View” into What to Expect from SolarEdge Monday?

Many Have Yet To Capitulate, But In the Famous Words of Porky Pig… “Th-Th-Th-That’s All Folks!”

Is the 2yr ITC Extension Set to “Ravage” SEDG’s & ARRY’s Fundamentals, Unbeknownst to Solar Bulls?

Top Line Miss + Weak Guide-Negative FCF + Share Loss + Massive Inventory Build + Storage Late = SELL

First-Ever Shift in Gross Margin Guide to Non-GAAP Basis Implies “Shoddy” Write Down Likely in 3Q20

“Down Goes Frazier”… Or in This Case, SEDG as the “Undisputed Resi Inverter Champion of the World”

1Q20 Enphase Results – Readthrough for SolarEdge Tilted Negative, Barring 2Q Inventory Stuffing

Is Liquidity at America’s Largest Resi Rooftop (RUN+VSLR+NOVA) Installers ~50% Below Stated Levels?

What Does Wednesday’s Nov. ’19 California Solar Initiative Data Say About SEDG’s U.S. Market Share?

Does SEDG Expect 1:6 of its Inverters to Fail & are SEDG-ENPH, Alone, Over-Shipping US Resi Demand?

German Court Finds Huawei Did Not Infringe Upon Any of SolarEdge’s European Inverter Patent(s)