SolarEdge Technologies Inc. (NASDAQ: SEDG) is considered one of the best performing solar stocks to buy now, with Guggenheim raising the firm’s price target to $7 and maintaining a Sell rating. In Q2 2025, the company reported total revenue of $289 million, with non-GAAP revenue at $281 million after excluding $8 million from discontinued operations.

The revenue breakdown by region showed that the US contributed $185 million, Europe contributed $65 million, and other international markets accounted for $31 million. SolarEdge demonstrated financial improvement in Q2, with non-GAAP gross margin increasing to 13.1% and non-GAAP operating loss narrowing to $48.3 million.

SolarEdge Technologies Inc. (NASDAQ: SEDG) designs, develops, manufactures, and sells DC optimized inverter systems for solar PV installations globally. Despite potential as an investment, some believe certain AI stocks offer greater upside potential and less downside risk. For more information on undervalued AI stocks, check out a free report on the best short-term AI stock.

Disclosure: None. This article was originally published on Insider Monkey.

Read more at Yahoo Finance: Guggenheim Raises SolarEdge (SEDG) PT to $7, Maintains Sell Rating