Citigroup Cuts SolarEdge Technologies (NASDAQ:SEDG) Price Target to $27.00

Key Points

• Citigroup cut its price target on SolarEdge to $27 and placed a sell rating on the stock, implying roughly a 30% downside from the prior close.
• Analyst consensus on SolarEdge is a Reduce with an average price target of $30.16, reflecting far more hold/sell opinions than buys (1 Buy, 16 Hold, 7 Sell).
• SolarEdge's Q1 showed revenue beats and an ongoing ramp of U.S. manufacturing aimed at reaching breakeven/profitable growth, but a widened non‑GAAP loss (including a ~$14M one‑time charge) and an EPS miss pressured the stock, which traded down about 4.9% to $38.61.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) had its target price decreased by investment analysts at Citigroup from $30.00 to $27.00 in a report released on Thursday,Benzinga reports. The firm currently has a "sell" rating on the semiconductor company's stock. Citigroup's price objective would suggest a potential downside of 30.07% from the stock's previous close.

Several other equities analysts have also commented on the stock. UBS Group decreased their price objective on shares of SolarEdge Technologies from $40.00 to $36.00 and set a "neutral" rating for the company in a research report on Monday, March 2nd. Morgan Stanley increased their price objective on shares of SolarEdge Technologies from $33.00 to $40.00 and gave the company an "equal weight" rating in a research report on Thursday, February 19th. Bank of America raised shares of SolarEdge Technologies from an "underperform" rating to a "neutral" rating and increased their price objective for the company from $17.00 to $40.00 in a research report on Tuesday, March 10th. Raymond James Financial assumed coverage on shares of SolarEdge Technologies in a research report on Tuesday, January 13th. They issued a "market perform" rating for the company. Finally, Barclays raised their price target on shares of SolarEdge Technologies from $39.00 to $41.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 8th. One research analyst has rated the stock with a Buy rating, sixteen have issued a Hold rating and seven have assigned a Sell rating to the company's stock. According to MarketBeat, SolarEdge Technologies currently has a consensus rating of "Reduce" and a consensus price target of $30.16.

SolarEdge Technologies Stock Down 4.9%

SolarEdge Technologies stock traded down $2.00 during midday trading on Thursday, hitting $38.61. 4,534,433 shares of the company's stock were exchanged, compared to its average volume of 3,507,745. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.48 and a current ratio of 2.17. SolarEdge Technologies has a 12 month low of $13.73 and a 12 month high of $53.75. The firm has a 50-day moving average of $42.88 and a two-hundred day moving average of $37.21. The company has a market cap of $2.35 billion, a PE ratio of -5.61 and a beta of 1.18.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) last issued its earnings results on Thursday, February 26th. The semiconductor company reported ($0.14) earnings per share (EPS) for the quarter. SolarEdge Technologies had a negative return on equity of 45.54% and a negative net margin of 34.23%.The business had revenue of $333.80 million for the quarter. As a group, analysts expect that SolarEdge Technologies will post -0.94 earnings per share for the current fiscal year.

Hedge Funds Weigh In On SolarEdge Technologies

Several institutional investors have recently made changes to their positions in the company. UBS Group AG increased its holdings in shares of SolarEdge Technologies by 18.5% during the 4th quarter. UBS Group AG now owns 4,210,429 shares of the semiconductor company's stock valued at $121,471,000 after purchasing an additional 655,925 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of SolarEdge Technologies by 5.5% during the 4th quarter. Vanguard Group Inc. now owns 3,368,073 shares of the semiconductor company's stock valued at $97,169,000 after purchasing an additional 175,582 shares in the last quarter. Invesco Ltd. increased its holdings in shares of SolarEdge Technologies by 28.6% during the 4th quarter. Invesco Ltd. now owns 2,169,822 shares of the semiconductor company's stock valued at $62,599,000 after purchasing an additional 483,052 shares in the last quarter. Menora Mivtachim Holdings LTD. increased its holdings in shares of SolarEdge Technologies by 41.1% during the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 2,103,521 shares of the semiconductor company's stock valued at $77,830,000 after purchasing an additional 612,884 shares in the last quarter. Finally, Electron Capital Partners LLC increased its holdings in shares of SolarEdge Technologies by 107.8% during the 3rd quarter. Electron Capital Partners LLC now owns 1,732,566 shares of the semiconductor company's stock valued at $64,105,000 after purchasing an additional 898,802 shares in the last quarter. 95.10% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about SolarEdge Technologies

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

• Positive Sentiment: Q1 revenue topped expectations and showed strong year‑over‑year growth, and management highlighted continued margin expansion. SolarEdge Announces First Quarter 2026 Financial Results
• Positive Sentiment: Company is ramping U.S. manufacturing and targets breakeven/profitable growth as part of a 2026 transformation strategy, which could improve margins over time. SolarEdge hits Q1 beat, targets breakeven as U.S. manufacturing ramps up
• Neutral Sentiment: Q2 guidance set revenue between $325M–$355M and non‑GAAP gross margin 23%–27% — guidance implies progress but sits around/just below some sell‑side expectations, leaving reaction dependent on execution. SolarEdge Announces First Quarter 2026 Financial Results
• Neutral Sentiment: Deutsche Bank trimmed its price target to $39 and kept a hold rating — a modest adjustment that signals cautious optimism but limited near‑term upside. Deutsche Bank adjusts SolarEdge Technologies price target to $39
• Negative Sentiment: Q1 non‑GAAP loss widened sequentially (company cited a ~ $14M one‑time expense) and SEDG missed EPS consensus by a notable margin — a primary driver of today's selling pressure. SolarEdge slides as Q1 loss widens sequentially and investors weigh Q2 outlook
• Negative Sentiment: Royal Bank of Canada cut its price target sharply to $30 with a sector‑perform rating, signaling meaningful downside in some analysts' views and adding selling pressure. Benzinga coverage of RBC price target cut
• Negative Sentiment: After a big 12‑month rally (roughly +175%), valuation concerns and recent short‑term weakness have made the stock vulnerable to profit‑taking and downgrades. Is SolarEdge Technologies (SEDG) Pricing Looked At Again After 175% One Year Surge

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.

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