SMA Solar Technology

SMA Solar reports revenue of €1,160.7 million for the first nine months of 2026 (up 2.3%) and an EBITDA of €146.3 million after minus €16.9 million in the prior year; the adjusted result before special items was €109.6 million. In the third quarter the company slightly exceeded analysts’ expectations with around €474 million in revenue and an EBITDA of €58 million. The order backlog rose to €1.86 billion (up 45% year-on-year) and the Large Scale division recorded Q3 order intake of €480 million. The executive board and management refine the full-year guidance to revenue of €1.675–1.725 billion and EBITDA of €205–230 million, each in the upper half of the previous range. » Mere på deraktionaer.de

SMA Solar’s share is slowly regaining ground after heavy losses in mid‑October, ahead of the Q3 2026 results due in about two weeks. The company raised its full‑year targets significantly in July, so operational metrics are expected to be robust. Uncertainty remains because CEO Jürgen Reinert has been ill since mid‑September, and his absence is worrying investors. » Mere på finanzen.net

From 1 November, EU-funded solar parks may no longer install Chinese inverters, affecting around 14–18% of planned purchases through 2030 and roughly 4–5 gigawatts of upcoming orders. European suppliers such as SMA Solar, Ingeteam and Power Electronics are likely to profit; SMA expects about a ten percent increase in market share. SMA recently opened a production site in Niestetal (60 GW annual capacity) and sources only 2–4% of its parts from China, so manufacturers believe supply bottlenecks can be avoided. Concrete effects will only become visible with delay due to long project timelines, and further measures like the Cyber-Security-Act 2 could influence the market further. » Mere på wiwo.de

Chinese plans to impose export restrictions on certain solar technologies are weighing on the solar industry and have recently put pressure on the SMA Solar share price. SMA manufactures inverters in Kassel and benefits from EU and US import restrictions on Chinese inverters, but since May 2026 it has been linked with Chinese supplier Hyperstrong on storage systems. The new export limits could affect the cooperation with Hyperstrong; SMA plans to comment on possible impacts in its Q3 figures on November 12. Technically the share has recently eased but remained above the 200-day line at around €50.60. » Mere på finanzen.net

SMA Solar has seen a marked recovery since October 2025; the stock has more than doubled. In the first half of 2026, incoming orders rose to around €1.75 billion and the company raised its full-year forecast, confirming the operational recovery. The stock's relative strength activated the TSI approach in October 2025; the TSI fund then realized a gain of 123 percent and bundles this trend strategy in ongoing fund management. » Mere på deraktionaer.de