SolarEdge Technologies (NASDAQ:SEDG) Price Target Raised to $39.00 at Barclays

SolarEdge Technologies (NASDAQ:SEDG) had its target price raised by equities researchers at Barclays from $36.00 to $39.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an “equal weight” rating on the semiconductor company’s stock. Barclays‘s price target would indicate a potential upside of 13.07% from the company’s current price.

Several other analysts also recently issued reports on SEDG. Susquehanna lifted their price target on SolarEdge Technologies from $25.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday, October 13th. Morgan Stanley raised SolarEdge Technologies from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $27.00 to $33.00 in a report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft boosted their price objective on SolarEdge Technologies from $19.00 to $28.00 and gave the stock a “hold” rating in a report on Wednesday, October 1st. UBS Group lifted their price objective on shares of SolarEdge Technologies from $30.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, November 14th. Finally, The Goldman Sachs Group lowered their target price on shares of SolarEdge Technologies from $36.00 to $31.00 and set a “neutral” rating on the stock in a report on Thursday, December 18th. One analyst has rated the stock with a Buy rating, nineteen have issued a Hold rating and nine have given a Sell rating to the company’s stock. According to MarketBeat, SolarEdge Technologies currently has an average rating of “Reduce” and a consensus target price of $24.75.

SolarEdge Technologies Stock Down 0.8%

Shares of SolarEdge Technologies stock traded down $0.29 on Thursday, hitting $34.49. The company had a trading volume of 768,625 shares, compared to its average volume of 2,928,420. The stock has a 50-day moving average of $32.97 and a 200-day moving average of $32.24. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.28 and a quick ratio of 1.60. SolarEdge Technologies has a twelve month low of $11.00 and a twelve month high of $48.60. The firm has a market capitalization of $2.06 billion, a P/E ratio of -3.54 and a beta of 1.66.

Institutional Trading of SolarEdge Technologies

Large investors have recently bought and sold shares of the business. Miller Global Investments LLC acquired a new stake in shares of SolarEdge Technologies in the 4th quarter valued at approximately $104,000. Saranac Partners Ltd acquired a new stake in SolarEdge Technologies in the third quarter valued at approximately $28,000. Cantor Fitzgerald L. P. bought a new stake in shares of SolarEdge Technologies during the third quarter worth $370,000. BlueCrest Capital Management Ltd acquired a new position in shares of SolarEdge Technologies during the third quarter worth $2,547,000. Finally, CIBC Bancorp USA Inc. bought a new position in shares of SolarEdge Technologies in the 3rd quarter valued at $468,000. 95.10% of the stock is owned by institutional investors and hedge funds.

About SolarEdge Technologies

SolarEdge Technologies (NASDAQ: SEDG) is a global provider of solar energy solutions focused on optimizing photovoltaic (PV) power generation. The company’s core offerings include power optimizers, inverters and cloud-based monitoring platforms designed to maximize energy output and improve safety across residential, commercial and utility-scale installations. By coupling module-level electronics with centralized inverters, SolarEdge’s technology enables real-time performance monitoring and rapid fault detection to enhance system reliability.

In recent years, SolarEdge has expanded its product portfolio beyond solar PV to include energy storage systems, electric vehicle (EV) charging solutions and smart energy management tools.