On July 6, SolarEdge Technologies rose 8.03% in regular trading, trading at $56.645/share, with turnover of $42.459 million.

On the news front, the ongoing artificial intelligence data center construction race has driven a surge in power demand expectations, providing sustained tailwinds for the solar energy sector. On June 30, solar stocks had rallied collectively with SolarEdge surging as much as 11% in pre-market trading before experiencing a brief pullback. The sector has now resumed its upward momentum.

Multiple institutions have recently upgraded their ratings on SEDG. TD Cowen upgraded the stock to Buy, while Bank of America and Jefferies raised their ratings to Neutral. Deutsche Bank lifted its price target to $42. These upgrades reflect growing institutional confidence in the company's positioning amid rising clean energy demand driven by AI infrastructure buildouts.

SolarEdge Technologies designs and sells DC optimized inverter systems for solar photovoltaic installations worldwide, offering inverters, power optimizers, energy storage solutions, and EV charging products across residential, commercial, and utility-scale segments.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)