Company type | Public |
---|---|
Industry | Renewable energy |
Founded | 2006 |
Headquarters | , Israel |
Key people | Zvi Lando (CEO) |
Products |
|
Revenue | US$1.96 billion (2021) |
US$207 million (2021) | |
US$169 million (2021) | |
Total assets | US$1.71 billion (2021) |
Total equity | US$1.31 billion (2021) |
Number of employees | 5,285 (2023) |
Website | solaredge |
Footnotes / references Financials as of December 31, 2021[update]. References:[1] |
SolarEdge Technologies, Inc. is an Israeli company that developed a DC optimized inverter system.
In 2023, SolarEdge is critically noted for losing over 70% of its market value, also being the worst performing stock according to many critics, becoming the most losing stock in the S&P 500 for the year, which resulted in its delisting from the index. [2] On June 25th 2024, SolarEdge plunged nearly 15% in early morning trading to $28.41, down from an all-time-high of $368.33 on November 15, 2021. [3] [4]