SolarEdge Technologies shares rose about 8% to $32.22 in midday trading Wednesday after UBS upgraded the stock to Buy from Neutral and raised its price target to $42 from $36. Jefferies offered a more cautious view, setting a $31 price target with a Hold rating. UBS cited the Federal Communications Commission’s decision to add foreign-produced connected inverters to its Covered List, a measure that generally blocks new models from receiving authorization for import or sale in the United States while leaving previously authorized models unaffected. The restrictions could tighten domestic supply, potentially helping SolarEdge gain market share and pricing power. SolarEdge’s second-quarter 2026 revenue reached $346.25 million, up 19.6% year over year, while non-GAAP operating profit returned for the first time since the second quarter of 2023 and GAAP gross margin improved to 27.5% from 11.1%. Risks include modest third-quarter revenue guidance, grandfathered products that can continue shipping, $332.3 million of convertible senior notes and the stock’s wide 52-week range.