SolarEdge Technologies Hits Day High with Strong 12.64% Intraday Surge

SolarEdge Technologies, Inc., a small-cap player in the Electronics & Appliances sector, has experienced a significant surge in its stock price, gaining 12.64% on February 23, 2026. The stock reached an intraday high of USD 39.84, reflecting strong market activity. Over the past day, SolarEdge outperformed the S&P 500, which saw a modest increase of 0.69%, with SolarEdge's one-day performance recorded at 3.91%. In the past week, the stock has shown a robust performance, climbing 10.84%, while its one-month performance stands at 13.82%. Notably, SolarEdge has delivered an impressive 123.5% return over the past year, significantly surpassing the S&P 500's 12.95% return. However, the stock has faced challenges over a longer horizon, with a three-year performance decline of 86.95%. The company recently reported a remarkable net profit growth of 163.93% and achieved its highest quarterly net sales at USD 289.43 million. Additionally, promoter confidence appears to be rising, with a 1.33% increase in their stake, indicating a positive outlook for the company's future.