Here is Why SolarEdge (SEDG) Plummeted Last Week

The share price of SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell by 16.61% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development.

SolarEdge Technologies, Inc. (NASDAQ:SEDG) is a global leader in smart energy technology. The company produces current optimized inverter systems for solar photovoltaic installations in the United States, Germany, the Netherlands, Italy, the rest of Europe, and internationally.

SolarEdge Technologies, Inc. (NASDAQ:SEDG) suffered a blow last week after President Trump’s sweeping tax and spending bill passed through the House of Representatives, which may result in the termination of numerous subsidies that have supported the renewable energy sector and have devastating consequences for the rapidly expanding solar power industry.

The rooftop solar industry is expected to suffer in particular, as the bill ends tax credits for installers that lease equipment to customers, in addition to eliminating a tax credit for homeowners who own their own panels. Consequently, SolarEdge Technologies, Inc. (NASDAQ:SEDG) crashed as its inverter sales are expected to take a hit from lower demand for rooftop solar.

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Disclosure: None.