SolarEdge's big problem has always been the quality of its devices. Their reputation kinda got shot early on due to high failure rates in the field. Enphase, on the other-hand, has kept the quality up and their reputation has remained intact.
Sales and inventory are not going to improve. Solaredge changed their manufacturing location and inverter models back in the late 2010s. Every inverter that came after that was junk. You couldn't see it in sales because of the demand boom in 20-22. Their faulty inverters caused so many issues for solar installers and homeowners that everyone fled to Enphase. We made the switch to Enphase in 2020 and never considered another Solaredge product again. Their bad inverters are a big reason that their biggest customer, PM&M Electric, went out of business. Their reputation got destroyed because they couldn't replace the inverters fast enough, and homeowners were livid. Enphase ate their lunch the last several years, and no surviving install company would ever risk going back to Solaredge.
Great analysis, thanks a lot. I'm still sitting on a SEDG position. Really hard to hold though. What do you think of the announced CFO change? Looks somewhat desperately to me
I think that something that isn't talked about / mentioned, even by the astute analysts, is their Israel affiliation. Even though I personally would have no problem buying their product if it were the best bang for the buck product I could get, I think there may be some customers that may not be buying from Israeli companies right now. I think that issue will resolve itself as the conflict starts to wind down this year.
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SolarEdge's big problem has always been the quality of its devices. Their reputation kinda got shot early on due to high failure rates in the field. Enphase, on the other-hand, has kept the quality up and their reputation has remained intact.
SolarEdge has a crisis with their inventory channel. Their situation is much worse.
Sales and inventory are not going to improve. Solaredge changed their manufacturing location and inverter models back in the late 2010s. Every inverter that came after that was junk. You couldn't see it in sales because of the demand boom in 20-22. Their faulty inverters caused so many issues for solar installers and homeowners that everyone fled to Enphase. We made the switch to Enphase in 2020 and never considered another Solaredge product again. Their bad inverters are a big reason that their biggest customer, PM&M Electric, went out of business. Their reputation got destroyed because they couldn't replace the inverters fast enough, and homeowners were livid.
Enphase ate their lunch the last several years, and no surviving install company would ever risk going back to Solaredge.
Thank you, but what do you think of the buyback? Isn't it a good sign?
I didn’t know Bert Kreischer was so good at giving investment tips
😆
Nothing going to get better until rate will start to get cut. They had in euro in june.
Great analysis, thanks a lot. I'm still sitting on a SEDG position. Really hard to hold though.
What do you think of the announced CFO change? Looks somewhat desperately to me
I think that something that isn't talked about / mentioned, even by the astute analysts, is their Israel affiliation. Even though I personally would have no problem buying their product if it were the best bang for the buck product I could get, I think there may be some customers that may not be buying from Israeli companies right now. I think that issue will resolve itself as the conflict starts to wind down this year.
Why cant take make the hard decision to lay off?
I hope it goes to under $40
In that case they will have a problem with delisting 😮
Why?@@fantasticyoda8388
Wish granted
It’s at 10 bucks lol