Mizuho analyst Maheep Mandloi downgraded SolarEdge (SEDG) to Neutral from Outperform with a price target of $11, down from $35, post the earnings report. The firm cites weaker European demand, lower “fire-sale” selling prices, and lower EBITDA margin through 2026 at least and potential loss of tax credits and U.S. growth under President Trump 2.0 for the target cut. It attributes SolarEdge’s limited visibility into a Europe demand recovery, positive EBITDA timeline, and valuation for the downgrade.
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