SolarEdge's CFO steps down, stock plunges 14%, analysts mixed, caution urged by Bank of America.
From StockTwits: 2025-03-03 20:40:13
SolarEdge Technologies Inc. CFO Ariel Porat steps down due to personal reasons, Asaf Alperovitz to replace him. Share prices drop over 14% after announcement. Stock sentiment on Stocktwits remains neutral. Despite Q4 loss of $3.52 per share, revenue beats estimates at $196.2 million. Company receives price target hikes due to improved cash flow, JPMorgan analysts are ‘Overweight’ on the stock. Bank of America urges caution, citing European demand weakness and high U.S. electricity prices. Stock down nearly 36% in past six months, 79% over past year. Email newsroom[at]stocktwits[dot]com for updates.
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