SolarEdge Technologies, Inc. (NASDAQ:SEDG) Receives $18.37 Average Price Target from Brokerages

SolarEdge Technologies, Inc. (NASDAQ:SEDGGet Free Report) has earned an average rating of “Reduce” from the twenty-seven research firms that are presently covering the stock, MarketBeat Ratings reports. Ten investment analysts have rated the stock with a sell recommendation and seventeen have issued a hold recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $18.5375.

Several research analysts have recently commented on the company. BNP Paribas Exane downgraded SolarEdge Technologies from a “neutral” rating to an “underperform” rating and set a $17.00 target price for the company. in a research note on Wednesday, July 16th. Jefferies Financial Group lifted their target price on SolarEdge Technologies from $10.00 to $18.00 and gave the stock an “underperform” rating in a research note on Monday, July 14th. TD Cowen lifted their target price on SolarEdge Technologies from $18.00 to $20.00 and gave the stock a “hold” rating in a research note on Friday, August 8th. Barclays upgraded SolarEdge Technologies from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $12.00 to $29.00 in a research note on Monday, July 14th. Finally, Northland Capmk upgraded SolarEdge Technologies from a “strong sell” rating to a “hold” rating in a research note on Friday, May 23rd.

Get Our Latest Research Report on SEDG

SolarEdge Technologies Stock Up 2.1%

SEDG stock opened at $35.45 on Monday. The company has a quick ratio of 1.42, a current ratio of 1.94 and a debt-to-equity ratio of 0.72. The business has a 50 day moving average price of $29.50 and a two-hundred day moving average price of $21.51. The company has a market cap of $2.11 billion, a price-to-earnings ratio of -1.18 and a beta of 1.50. SolarEdge Technologies has a twelve month low of $10.24 and a twelve month high of $36.58.

SolarEdge Technologies (NASDAQ:SEDGGet Free Report) last posted its quarterly earnings results on Thursday, August 7th. The semiconductor company reported ($0.81) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.81). SolarEdge Technologies had a negative return on equity of 191.53% and a negative net margin of 177.64%.The firm had revenue of $289.43 million during the quarter, compared to the consensus estimate of $270.03 million. During the same period last year, the company earned ($1.79) earnings per share. The business’s revenue was up 9.0% compared to the same quarter last year. SolarEdge Technologies has set its Q3 2025 guidance at EPS. Analysts anticipate that SolarEdge Technologies will post -4.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Resona Asset Management Co. Ltd. boosted its holdings in shares of SolarEdge Technologies by 6.7% during the 2nd quarter. Resona Asset Management Co. Ltd. now owns 6,472 shares of the semiconductor company’s stock valued at $128,000 after purchasing an additional 404 shares during the last quarter. Tidal Investments LLC lifted its holdings in shares of SolarEdge Technologies by 1.2% in the 2nd quarter. Tidal Investments LLC now owns 42,411 shares of the semiconductor company’s stock valued at $865,000 after acquiring an additional 484 shares during the last quarter. Maryland State Retirement & Pension System grew its position in SolarEdge Technologies by 2.9% in the second quarter. Maryland State Retirement & Pension System now owns 17,352 shares of the semiconductor company’s stock worth $354,000 after acquiring an additional 486 shares in the last quarter. Public Employees Retirement System of Ohio grew its position in SolarEdge Technologies by 21.5% in the second quarter. Public Employees Retirement System of Ohio now owns 2,868 shares of the semiconductor company’s stock worth $59,000 after acquiring an additional 508 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its position in SolarEdge Technologies by 28.7% in the second quarter. Tower Research Capital LLC TRC now owns 2,481 shares of the semiconductor company’s stock worth $51,000 after acquiring an additional 553 shares in the last quarter. Institutional investors own 95.10% of the company’s stock.

About SolarEdge Technologies

(Get Free Report)

SolarEdge Technologies, Inc, together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.

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