SMA Solar raises low end of 2026 EBITDA forecast on home solar demand

what happened

Germany's SMA Solar, a maker of solar power equipment, has raised the lower bound of its 2026 EBITDA guidance. The company now expects €205–230 million ($227–255 million), compared with a previous range of €180–230 million, according to Reuters.

CFO Kaveh Rouhi said growing use of battery storage is opening further opportunities for the company's current product line, including demand linked to data centers. SMA also lifted the low end of its full-year sales outlook to €1.675 billion from €1.625 billion and kept the top at €1.725 billion. Sales in its household and business division rose 28% over nine months, and the order backlog reached €1.9 billion at the end of September, almost 50% above a year earlier. The shares, which have fallen nearly a quarter since mid-October, gained 4.4% in pre-market trading on Thursday.

why it matters

For solar investors, the update signals that rooftop and storage demand is holding up, and the rising backlog points to busy production ahead. The pre-market rise suggests the market reads the revision as positive after a steep slide since mid-October.

market impact

SMA Solar shares: higher guidance and rooftop demand support the stock

• ▲SMA Solar shares pressure up — raised guidance and stronger rooftop solar demand

tags

instruments