SolarEdge, founded two decades ago by Guy Sella and four colleagues, has experienced dramatic highs and lows, peaking as the largest Israeli company by market cap in 2021 before plummeting by 95% through 2024. After a challenging period marked by disappointing results, layoffs, and a shrinking market cap, 2025 has brought signs of recovery, with the company's value more than doubling and positive cash flow returning. The turnaround is credited to a streamlining program led by new management, which has improved financial performance despite ongoing skepticism from analysts and the loss of some US tax incentives.

The company's recent collaboration with Infineon to develop advanced energy infrastructure for data centers is seen as a promising growth engine, potentially expanding SolarEdge's market beyond solar energy. While most analysts remain cautious, citing the need for patience and further proof of sustained growth, investors have responded positively to recent financial results and strategic moves. The future of SolarEdge now hinges on its ability to capture new markets and maintain profitability amid a changing industry landscape.