What exactly did BNP Paribas change on Feb 19, 2026 for SEDG analyst rating?

On Feb 19, 2026 BNP Paribas kept an **Underperform** yet raised the **SEDG price target** from **$17** to **$24**, reflecting improved margin expectations but ongoing demand concerns.

Does a higher SEDG price target mean an upgrade?

Not always. BNP Paribas raised the **SEDG price target** but kept an **Underperform**, meaning the firm sees more value but still expects relative underperformance compared with peers.

How should investors use the SEDG analyst rating change?

Use the rating change as one input. The maintained **Underperform** suggests caution. Combine this with order trends, margin data, and Meyka AI alerts before changing position sizes.

Where can I read the original analyst note for this SEDG analyst rating update?

The move was reported by TheFly. Read the summary at TheFly for the Feb 19 update [source](https://thefly.com/permalinks/entry.php/id4296608/2568286394/SEDG-SolarEdge-price-target-raised-by--at-BNP-Paribas).

Analyst Ratings

Exane BNP Paribas Maintains Underperform on SEDG SolarEdge Feb 19 2026

ByHuzaifa Zahoor February 20, 2026February 20, 2026

On February 19, 2026 Exane BNP Paribas maintained an Underperform on the SEDG analyst rating and raised its price target to $24 from $17. The firm kept the negative stance despite the higher target, a rare mix that signals cautious optimism. This action was logged at 12:31 PM and reported by TheFly. Investors should note the firm also flagged near-term demand risks even as revenue drivers stabilize. Meyka AI rates SEDG with a grade of C+. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.