SolarEdge Technologies (SEDG) Gained Over 37% This Week. Here is Why.

Yahoo

05-07-2025

The share price of SolarEdge Technologies, Inc. (NASDAQ:SEDG) surged by 37.22% between June 26 and July 3, 2025, putting it among the Energy Stocks that Gained the Most This Week.
A technician installing a communication device in a large solar energy system.
SolarEdge Technologies, Inc. (NASDAQ:SEDG) is a global leader in smart energy technology. The company produces current optimized inverter systems for solar photovoltaic installations in the United States, Germany, the Netherlands, Italy, the rest of Europe, and internationally.
SolarEdge Technologies, Inc. (NASDAQ:SEDG) was among the solar energy stocks that soared this week after the final approved version of President Trump's sweeping tax and spending bill turned out to be more generous for the industry than initially expected. Though the legislation still intends to phase out the sector's tax credits earlier than expected, the phase-down is more gradual compared to the earlier drafts. The final bill also did not include the controversial solar excise tax that had been included earlier, somewhat easing concerns for the industry.
Moreover, SolarEdge Technologies, Inc. (NASDAQ:SEDG) recently announced that it has commenced full production and shipment of its Home Battery at a new factory in Salt Lake City, meaning that the company is now manufacturing its full residential offering — inverter, power optimizer, and battery — in the United States.
While we acknowledge the potential of SEDG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.