SMA Solar Technology (S92) Aandelenoverzicht
SMA Solar Technology AG ontwikkelt, produceert en verkoopt samen met haar dochterondernemingen PV- en batterijomvormers, transformatoren, smoorspoelen, monitoringsystemen voor PV-systemen en laadoplossingen voor elektrische voertuigen in Duitsland en internationaal. Meer informatie
| Sneeuwvlok Score | |
|---|---|
| Waardering | 2/6 |
| Toekomstige groei | 4/6 |
| Prestaties in het verleden | 0/6 |
| Financiële gezondheid | 4/6 |
| Dividenden | 0/6 |
S92 Community Fair Values
Create NarrativeSee what 37 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
SMA Solar Technology AG Concurrenten
Prijsgeschiedenis en prestaties
| Historische aandelenkoersen | |
|---|---|
| Huidige aandelenkoers | €67.45 |
| 52 Week Hoogtepunt | €70.70 |
| 52 Week Laag | €15.41 |
| Bèta | 0.76 |
| 1 maand verandering | 34.23% |
| 3 maanden verandering | 105.64% |
| 1 Jaar Verandering | 228.70% |
| 3 jaar verandering | -32.89% |
| 5 jaar verandering | 52.12% |
| Verandering sinds IPO | 22.64% |
Recent nieuws en updates
Narratiefupdate • May 21
S92: Future Returns Will Rely On Converting Order Momentum Into Profitable Results
Analysts have lifted the fair value estimate for SMA Solar Technology from €28.00 to €43.00, reflecting higher Street price targets, including recent increases from Jefferies, Berenberg and Deutsche Bank. This follows commentary around improving order momentum and expectations for profitability supported by cost savings and strong order intake.
Narratiefupdate • May 04
S92: Weaker Margin Outlook Will Offset Benefits From Cost Savings Program
Analysts have raised SMA Solar Technology's fair value estimate from €40.80 to €45.20, citing a series of recent price target increases and expectations that profitability will benefit from cost savings and stronger order intake. Analyst Commentary Recent research updates show a mix of optimism around SMA Solar Technology's valuation and execution, with some clear areas of caution that investors should keep in mind.Narratiefupdate • Apr 20
S92: Future Upside Will Depend On Delivering Planned Cost Savings
Analysts have lifted the fair value estimate for SMA Solar Technology from €15.00 to €28.00, reflecting updated expectations for higher revenue growth, stronger profit margins, and a lower assumed discount rate supported by recent price target increases and upgraded views on profitability and order intake. Analyst Commentary Recent research points to a more constructive view on SMA Solar Technology, with several price targets reset to reflect updated expectations around profitability and order intake.Recent updates
Narratiefupdate • May 21
S92: Future Returns Will Rely On Converting Order Momentum Into Profitable Results
Analysts have lifted the fair value estimate for SMA Solar Technology from €28.00 to €43.00, reflecting higher Street price targets, including recent increases from Jefferies, Berenberg and Deutsche Bank. This follows commentary around improving order momentum and expectations for profitability supported by cost savings and strong order intake.Narratiefupdate • May 04
S92: Weaker Margin Outlook Will Offset Benefits From Cost Savings Program
Analysts have raised SMA Solar Technology's fair value estimate from €40.80 to €45.20, citing a series of recent price target increases and expectations that profitability will benefit from cost savings and stronger order intake. Analyst Commentary Recent research updates show a mix of optimism around SMA Solar Technology's valuation and execution, with some clear areas of caution that investors should keep in mind.Narratiefupdate • Apr 20
S92: Future Upside Will Depend On Delivering Planned Cost Savings
Analysts have lifted the fair value estimate for SMA Solar Technology from €15.00 to €28.00, reflecting updated expectations for higher revenue growth, stronger profit margins, and a lower assumed discount rate supported by recent price target increases and upgraded views on profitability and order intake. Analyst Commentary Recent research points to a more constructive view on SMA Solar Technology, with several price targets reset to reflect updated expectations around profitability and order intake.Narratiefupdate • Apr 04
S92: Elevated R&D Spend Will Pressure Margins Despite Cost Savings Program
Narrative Update The analyst fair value estimate for SMA Solar Technology has moved from €29.80 to €40.80. This change is supported by recent price target increases from firms highlighting attractive valuation after the share price correction, expectations for improving profitability on cost savings and order intake, and updated views on margin impact from ongoing investment.Analyseartikel • Mar 30
SMA Solar Technology AG (ETR:S92) Analysts Are Pretty Bullish On The Stock After Recent Results
Shareholders of SMA Solar Technology AG ( ETR:S92 ) will be pleased this week, given that the stock price is up 18% to...
Narratiefupdate • Mar 21
S92: Cost Savings And Investment Tension Will Shape Margins And Fair Value
Analysts have raised the SMA Solar Technology price target to €39 from €37, reflecting more supportive views on profitability as cost savings and order intake trends are reassessed. Analyst Commentary Recent research updates on SMA Solar Technology have centered on valuation, margin expectations and the impact of ongoing investment and cost savings programs.Narratiefupdate • Mar 06
S92: Cost Savings And Order Intake Will Shape Margins And Fair Value
Narrative Update on SMA Solar Technology The Street price target for SMA Solar has moved from €37 to €39 as analysts point to the recent share price correction, improving profitability supported by cost savings, and solid order intake as key drivers for the revised view. Analyst Commentary Bullish analysts are leaning into the recent share price correction as a chance to revisit SMA Solar at what they see as more attractive valuation levels, especially as order intake remains solid and cost savings start to feed through to profitability.Narratiefupdate • Feb 20
S92: Elevated R&D Spend Will Pressure Margins And Future Earnings Expectations
Analysts have reduced their price target for SMA Solar to €37, down from €39. This change reflects a view that higher R&D spending and uncertainty around the recovery in the Home & Business Solutions segment could affect margins.Narratiefupdate • Feb 06
S92: Cost Savings And R&D Spending Will Shape Margins And Fair Value
Narrative Update The analyst fair value estimate for SMA Solar Technology has shifted from €21.00 to €37.00, as analysts incorporate a lower assumed discount rate, higher projected profit margins and a reduced future P/E multiple, alongside recent research that highlights both margin risks from R&D investment and expectations for improved profitability supported by cost savings and order intake. Analyst Commentary Recent research on SMA Solar Technology reflects a mix of optimism on long term earnings potential and caution around execution risks, especially around margins and segment recovery.Narratiefupdate • Jan 22
S92: Margin Pressure From R&D And Weak Home Segment Will Undercut Expectations
Analysts have lifted their fair value estimate for SMA Solar Technology from €23.60 to €29.80. This reflects updated assumptions around revenue growth, profit margin potential, and R&D driven investment in the business.Analyseartikel • Jan 14
Is SMA Solar Technology (ETR:S92) Using Debt In A Risky Way?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narratiefupdate • Jan 08
S92: Cost Savings And Large Orders Will Likely Disappoint Elevated Expectations
Analysts have raised their price target for SMA Solar Technology to €39 from €22, citing expectations for rising profitability supported by the existing cost savings program and continued elevated large scale order intake. Analyst Commentary Bullish Takeaways Bullish analysts view the move to a €39 target as supported by expectations for rising profitability, which they link to the existing cost savings program already in place.Narratiefupdate • Dec 23
S92: Rising Orders Will Likely Fail To Offset Execution Risks
Analysts have increased their price target for SMA Solar Technology to EUR 39 from EUR 22, citing expectations for strengthening profitability driven by existing cost savings initiatives and sustained large-scale order momentum. Analyst Commentary Recent research updates highlight a shift in sentiment toward SMA Solar Technology, with bullish analysts pointing to improving fundamentals and a clearer path to earnings growth, even as some cautionary flags remain around demand visibility and regional risk.Narratiefupdate • Dec 09
S92: Elevated Cost Savings Dependence Will Likely Constrain Future Order Momentum
Analysts have increased their price target for SMA Solar Technology to EUR 39 from EUR 22, citing expectations for rising profitability driven by ongoing cost savings and sustained, elevated large-scale order intake. Analyst Commentary Following the recent target price increase, Street research highlights a more constructive stance on SMA Solar Technology, driven by improving fundamentals and clearer visibility on future earnings power.Narratiefupdate • Nov 25
S92: Rising Uncertainty In The United States Will Limit Order Momentum
Analysts have raised their price target for SMA Solar Technology from €18.80 to €23.60, citing improved profitability forecasts as well as confidence in continued cost savings and solid order momentum. Analyst Commentary Bullish Takeaways Bullish analysts have upgraded their outlook for SMA Solar, citing a rising trajectory in profitability that is expected to play out over the next several years.Analyseartikel • Nov 17
SMA Solar Technology AG (ETR:S92) Held Back By Insufficient Growth Even After Shares Climb 35%
SMA Solar Technology AG ( ETR:S92 ) shareholders have had their patience rewarded with a 35% share price jump in the...Analyseartikel • Nov 16
SMA Solar Technology AG (ETR:S92) Released Earnings Last Week And Analysts Lifted Their Price Target To €20.20
Shareholders of SMA Solar Technology AG ( ETR:S92 ) will be pleased this week, given that the stock price is up 12% to...Narratiefupdate • Nov 10
S92: Uncertainty In Key Markets Will Pressure Results Despite Strong Orders
Analysts have raised their price target for SMA Solar Technology, increasing it by €6 to €22 per share. They cited expectations for strong third quarter results, balanced by ongoing market uncertainties.Narratiefupdate • Oct 27
Short-Term Order Momentum And US Uncertainty Will Influence Near-Term Performance
Analysts have increased their price target for SMA Solar Technology from €17.60 to €18.80. This change reflects improved revenue growth expectations and stronger near-term demand.Analyseartikel • Oct 03
SMA Solar Technology AG (ETR:S92) Stock Catapults 46% Though Its Price And Business Still Lag The Industry
SMA Solar Technology AG ( ETR:S92 ) shareholders are no doubt pleased to see that the share price has bounced 46% in...Analyseartikel • Sep 21
Does This Valuation Of SMA Solar Technology AG (ETR:S92) Imply Investors Are Overpaying?
Key Insights Using the 2 Stage Free Cash Flow to Equity, SMA Solar Technology fair value estimate is €16.63 SMA Solar...Narratiefupdate • Sep 03
EMEA Price Pressure And US Backlog Will Shape Energy Transition
Due to downward revisions in both consensus revenue growth and net profit margin forecasts, analysts have reduced SMA Solar Technology’s fair value estimate, lowering the consensus price target from €18.60 to €17.60. What's in the News Preliminary H1 2025 results indicate sales of €684.9 million, down from €759.3 million in H1 2024, and a loss before interest and taxes of €19.0 million compared to a profit of €56.2 million.Narratiefupdate • Aug 08
EMEA Price Pressure And US Backlog Will Shape Energy Transition
The upward revision in SMA Solar Technology’s fair value is primarily supported by a modest increase in the company’s Future P/E multiple, with the consensus analyst price target rising from €17.80 to €18.80. What's in the News Preliminary H1 2025 results show sales of €684.9 million, down from €759.3 million H1 2024, and LBIT of €19.0 million versus EBIT of €56.2 million prior year.Analyseartikel • Aug 02
Does SMA Solar Technology (ETR:S92) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analyseartikel • Jul 03
Improved Revenues Required Before SMA Solar Technology AG (ETR:S92) Stock's 26% Jump Looks Justified
SMA Solar Technology AG ( ETR:S92 ) shares have continued their recent momentum with a 26% gain in the last month...Analyseartikel • May 28
Shareholders May Be Wary Of Increasing SMA Solar Technology AG's (ETR:S92) CEO Compensation Package
Key Insights SMA Solar Technology to hold its Annual General Meeting on 3rd of June Total pay for CEO Jurgen Reinert...Analyseartikel • May 11
SMA Solar Technology AG's (ETR:S92) Share Price Boosted 53% But Its Business Prospects Need A Lift Too
SMA Solar Technology AG ( ETR:S92 ) shares have had a really impressive month, gaining 53% after a shaky period...Analyseartikel • May 10
Earnings Beat: SMA Solar Technology AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
It's been a pretty great week for SMA Solar Technology AG ( ETR:S92 ) shareholders, with its shares surging 15% to...Analyseartikel • Mar 27
SMA Solar Technology AG's (ETR:S92) Shares Bounce 41% But Its Business Still Trails The Market
SMA Solar Technology AG ( ETR:S92 ) shares have continued their recent momentum with a 41% gain in the last month...Analyseartikel • Mar 24
Is Now An Opportune Moment To Examine SMA Solar Technology AG (ETR:S92)?
SMA Solar Technology AG ( ETR:S92 ), is not the largest company out there, but it led the XTRA gainers with a...Analyseartikel • Feb 10
There's No Escaping SMA Solar Technology AG's (ETR:S92) Muted Earnings
SMA Solar Technology AG's ( ETR:S92 ) price-to-earnings (or "P/E") ratio of 6.1x might make it look like a strong buy...
Nieuw narratief • Jan 17
Unfavorable Market Conditions Will Impact Home And C&I Segments
Destocking and high inventory levels in Home and C&I segments could suppress revenue growth and lead to inventory write-downs, impacting margins negatively.Analyseartikel • Dec 17
Returns At SMA Solar Technology (ETR:S92) Are On The Way Up
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...Analyseartikel • Nov 24
We Think That There Are More Issues For SMA Solar Technology (ETR:S92) Than Just Sluggish Earnings
Last week's earnings announcement from SMA Solar Technology AG ( ETR:S92 ) was disappointing to investors, with a...Analyseartikel • Nov 19
SMA Solar Technology AG (ETR:S92) Shares Could Be 40% Below Their Intrinsic Value Estimate
Key Insights Using the 2 Stage Free Cash Flow to Equity, SMA Solar Technology fair value estimate is €21.33 SMA Solar...Analyseartikel • Oct 14
SMA Solar Technology AG's (ETR:S92) Low P/E No Reason For Excitement
When close to half the companies in Germany have price-to-earnings ratios (or "P/E's") above 17x, you may consider SMA...Analyseartikel • Aug 29
Is Now The Time To Look At Buying SMA Solar Technology AG (ETR:S92)?
SMA Solar Technology AG ( ETR:S92 ), is not the largest company out there, but it received a lot of attention from a...Analyseartikel • Aug 11
SMA Solar Technology AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
SMA Solar Technology AG ( ETR:S92 ) just released its latest quarterly results and things are looking bullish. It was...Analyseartikel • Aug 09
Investors Should Be Encouraged By SMA Solar Technology's (ETR:S92) Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...Analyseartikel • Jul 19
Is SMA Solar Technology (ETR:S92) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analyseartikel • Jun 20
Investors Don't See Light At End Of SMA Solar Technology AG's (ETR:S92) Tunnel And Push Stock Down 42%
SMA Solar Technology AG ( ETR:S92 ) shareholders that were waiting for something to happen have been dealt a blow with...Analyseartikel • May 22
We think SMA Solar Technology AG's (ETR:S92) CEO May Struggle To See Much Of A Pay Rise This Year
Key Insights SMA Solar Technology's Annual General Meeting to take place on 28th of May Salary of €1.19m is part of CEO...Analyseartikel • May 11
SMA Solar Technology AG Just Missed Earnings - But Analysts Have Updated Their Models
SMA Solar Technology AG ( ETR:S92 ) missed earnings with its latest first-quarter results, disappointing...Analyseartikel • May 03
Should You Investigate SMA Solar Technology AG (ETR:S92) At €49.72?
SMA Solar Technology AG ( ETR:S92 ), might not be a large cap stock, but it saw significant share price movement during...Analyseartikel • Apr 18
Shareholders Would Enjoy A Repeat Of SMA Solar Technology's (ETR:S92) Recent Growth In Returns
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...Analyseartikel • Apr 05
Additional Considerations Required While Assessing SMA Solar Technology's (ETR:S92) Strong Earnings
Despite announcing strong earnings, SMA Solar Technology AG's ( ETR:S92 ) stock was sluggish. We think that the market...Analyseartikel • Mar 30
Earnings Update: SMA Solar Technology AG (ETR:S92) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
A week ago, SMA Solar Technology AG ( ETR:S92 ) came out with a strong set of yearly numbers that could potentially...Rendement voor aandeelhouders
| S92 | DE Electrical | DE Markt | |
|---|---|---|---|
| 7D | 9.2% | 6.9% | 2.8% |
| 1Y | 228.7% | 103.0% | 1.4% |
Rendement versus industrie: S92 overtrof de German Electrical industrie, die het afgelopen jaar een rendement 103 % opleverde.
Rendement versus markt: S92 overtrof de German markt, die het afgelopen jaar een rendement opleverde van 1.4 %.
Prijsvolatiliteit
| S92 volatility | |
|---|---|
| S92 Average Weekly Movement | 11.4% |
| Electrical Industry Average Movement | 7.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in DE Market | 12.8% |
| 10% least volatile stocks in DE Market | 2.7% |
Stabiele aandelenkoers: De aandelenkoers van S92 is de afgelopen 3 maanden volatiel geweest in vergelijking met de German markt.
Volatiliteit in de loop van de tijd: De wekelijkse volatiliteit ( 11% ) van S92 is het afgelopen jaar stabiel geweest, maar is nog steeds hoger dan 75% van de aandelen German.
Over het bedrijf
| Opgericht | Werknemers | CEO | Website |
|---|---|---|---|
| 1981 | 3,659 | Jurgen Reinert | www.sma.de |
SMA Solar Technology AG ontwikkelt, produceert en verkoopt samen met haar dochterondernemingen PV- en batterijomvormers, transformatoren, smoorspoelen, monitoringsystemen voor PV-systemen en laadoplossingen voor elektrische voertuigen in Duitsland en internationaal. Het bedrijf is actief in drie segmenten: Home Solutions, Commercial & Industrial Solutions, en Large Scale & Project Solutions. Het bedrijf biedt zonne- en batterijomvormers, hybride omvormers, systeemoplossingen en -pakketten, zonnebatterijen, DC-technologie, laadoplossingen voor e-mobility, monitoring en controle, SMA echarger en commerciële opslagoplossingen, en Sunny Tripower X, evenals digitale oplossingen voor het ontwerpen, bedienen en onderhouden van PV-systemen en energiesystemen.
SMA Solar Technology AG Samenvatting
| S92 fundamentele statistieken | |
|---|---|
| Marktkapitalisatie | €2.34b |
| Inkomsten(TTM) | -€188.29m |
| Inkomsten(TTM) | €1.53b |
1.5x
P/S-verhouding-12.4x
Koers/WinstverhoudingIs S92 overgewaardeerd?
Zie Reële waarde en waarderingsanalyseInkomsten en omzet
| S92 resultatenrekening (TTM) | |
|---|---|
| Inkomsten | €1.53b |
| Kosten van inkomsten | €1.40b |
| Brutowinst | €131.12m |
| Overige uitgaven | €319.41m |
| Inkomsten | -€188.29m |
Laatst gerapporteerde inkomsten
Mar 31, 2026
Volgende inkomensdatum
Aug 13, 2026
| Winst per aandeel (EPS) | -5.43 |
| Brutomarge | 8.57% |
| Nettowinstmarge | -12.31% |
| Schuld/Eigen Vermogen Verhouding | 25.7% |
Hoe presteerde S92 op de lange termijn?
Bekijk historische prestaties en vergelijkingBedrijfsanalyse en status van financiële gegevens
| Gegevens | Laatst bijgewerkt (UTC-tijd) |
|---|---|
| Bedrijfsanalyse | 2026/05/27 22:57 |
| Aandelenkoers aan het einde van de dag | 2026/05/27 00:00 |
| Inkomsten | 2026/03/31 |
| Jaarlijkse inkomsten | 2025/12/31 |
Gegevensbronnen
De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.
| Pakket | Gegevens | Tijdframe | Voorbeeld Amerikaanse bron * |
|---|---|---|---|
| Financiële gegevens bedrijf | 10 jaar |
| |
| Consensus schattingen analisten | +3 jaar |
|
|
| Marktprijzen | 30 jaar |
| |
| Eigendom | 10 jaar |
| |
| Beheer | 10 jaar |
| |
| Belangrijkste ontwikkelingen | 10 jaar |
|
* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.
Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.
Analysemodel en Snowflake
Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.
Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.
Industrie en sector
Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.
Bronnen van analisten
SMA Solar Technology AG wordt gevolgd door 21 analisten. 5 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.
| Analist | Instelling |
|---|---|
| James Fontanelli | Arete Research Services LLP |
| Rupesh Madlani | Barclays |
| Lasse Stueben | Berenberg |