SolarEdge Technologies (NASDAQ:SEDG) Stock Rating Cut to "Sell" at Wall Street Zen

Key Points

• Wall Street Zen downgraded SolarEdge Technologies to “sell” from “hold,” adding to a broader cautious analyst outlook. The stock has a consensus “reduce” rating, with 11 holds, five sells, and two buys, and an average price target of $39.20.
• SolarEdge reported better-than-expected quarterly results, including $346.2 million in revenue and $0.05 EPS, but remains unprofitable with a negative net margin and analysts forecasting a full-year loss.
• SEDG shares opened at $33.09, near the lower end of their 52-week range of $28.21 to $81.25, while institutional investors own approximately 95.1% of the company.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a report released on Saturday, Wall Street Zen reports.

Several other research firms have also recently weighed in on SEDG. JPMorgan Chase & Co. upped their price objective on shares of SolarEdge Technologies from $37.00 to $44.00 and gave the stock a "neutral" rating in a research report on Friday, September 11th. Citigroup lifted their target price on shares of SolarEdge Technologies from $25.00 to $30.00 and gave the company a "sell" rating in a research report on Monday, September 21st. Wells Fargo & Company began coverage on shares of SolarEdge Technologies in a report on Monday, June 29th. They issued an "equal weight" rating and a $36.00 price target on the stock. Barclays lowered their price objective on shares of SolarEdge Technologies from $53.00 to $37.00 and set an "equal weight" rating on the stock in a research report on Thursday, August 6th. Finally, Morgan Stanley dropped their price objective on shares of SolarEdge Technologies from $35.00 to $33.00 and set an "equal weight" rating for the company in a report on Friday, September 11th. Two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, SolarEdge Technologies currently has an average rating of "Reduce" and a consensus price target of $39.20.

SolarEdge Technologies Price Performance

Shares of NASDAQ:SEDG opened at $33.09 on Friday. The company has a quick ratio of 1.38, a current ratio of 2.03 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $2.04 billion, a PE ratio of -7.35 and a beta of 1.44. SolarEdge Technologies has a twelve month low of $28.21 and a twelve month high of $81.25. The company has a 50-day moving average price of $34.42 and a two-hundred day moving average price of $45.88.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) last issued its earnings results on Wednesday, August 5th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.07. The business had revenue of $346.20 million for the quarter, compared to analysts' expectations of $341.15 million. SolarEdge Technologies had a negative net margin of 20.29% and a negative return on equity of 29.17%. The business's revenue for the quarter was up 19.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.81) EPS. Equities analysts forecast that SolarEdge Technologies will post -1.27 EPS for the current year.

Hedge Funds Weigh In On SolarEdge Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in SEDG. State Street Corp grew its holdings in shares of SolarEdge Technologies by 0.7% during the second quarter. State Street Corp now owns 1,761,901 shares of the semiconductor company's stock valued at $102,965,000 after buying an additional 12,188 shares during the last quarter. Legal & General Group Plc purchased a new position in SolarEdge Technologies in the 2nd quarter worth approximately $76,095,000. Handelsbanken Fonder AB raised its holdings in SolarEdge Technologies by 16.6% in the 2nd quarter. Handelsbanken Fonder AB now owns 1,230,401 shares of the semiconductor company's stock worth $71,905,000 after acquiring an additional 175,281 shares during the last quarter. Meitav Investment House Ltd. boosted its stake in SolarEdge Technologies by 541.6% during the 1st quarter. Meitav Investment House Ltd. now owns 1,017,551 shares of the semiconductor company's stock valued at $51,946,000 after purchasing an additional 858,954 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd purchased a new stake in SolarEdge Technologies during the 2nd quarter valued at $55,514,000. Institutional investors own 95.10% of the company's stock.

SolarEdge Technologies News Roundup

Here are the key news stories impacting SolarEdge Technologies this week:

• Positive Sentiment: SolarEdge shares recently advanced despite a weaker overall market, suggesting some short-term buying interest. SolarEdge Technologies Increases Despite Market Slip
• Neutral Sentiment: The company’s latest reported quarter showed improving fundamentals: revenue rose 19.6% year over year to $346.2 million and adjusted EPS of $0.05 exceeded analysts’ expectations. However, SolarEdge remains unprofitable, with analysts expecting a full-year loss.
• Negative Sentiment: Northland Securities lowered its SolarEdge earnings forecasts across multiple periods. Estimates were reduced to losses of $0.34 per share for Q4 2026, $1.58 for full-year 2026, and $1.14 for full-year 2027, compared with previous forecasts of $0.20, $1.44, and $0.72, respectively. Quarterly 2027 estimates were also cut, including Q1 EPS to a $0.50 loss from a $0.36 loss and Q4 EPS to a $0.12 loss from a $0.04 loss. The revisions indicate expectations for a slower or more difficult return to profitability.
• Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of SolarEdge investors. Although the announcement did not provide specific allegations, the inquiry adds legal and reputational uncertainty for the company. Pomerantz Investor Alert

About SolarEdge Technologies

SolarEdge Technologies, Inc NASDAQ: SEDG develops technologies for generating, storing and managing solar energy. The company is best known for its power optimizer and inverter architecture, which is designed to improve energy harvesting from photovoltaic panels and provide monitoring and control at the module level.

Its product portfolio includes power optimizers, residential and commercial inverters, battery-storage systems, backup-power solutions, electric-vehicle charging equipment and energy-management software.

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