Northland Securities Brokers Cut Earnings Estimates for SEDG

Key Points

• Northland Securities lowered its FY2026 EPS estimate for SolarEdge Technologies to a loss of $1.58 per share from a projected loss of $1.44, below the consensus loss estimate of $1.25.
• Analyst sentiment remains cautious: SolarEdge has a consensus rating of “Reduce”, with 11 Hold, five Sell, and two Buy ratings and an average price target of $39.20.
• SEDG shares opened at $30.87 after a 3.1% decline, far below their 52-week high of $81.25. Despite ongoing losses, the company’s latest quarterly revenue rose 19.6% year over year to $346.2 million and exceeded expectations.

SolarEdge Technologies, Inc. (NASDAQ:SEDG - Free Report) - Stock analysts at Northland Securities dropped their FY2026 earnings estimates for SolarEdge Technologies in a research note issued on Wednesday, September 30th. Northland Securities analyst G. Richard now expects that the semiconductor company will post earnings per share of ($1.58) for the year, down from their prior forecast of ($1.44). The consensus estimate for SolarEdge Technologies' current full-year earnings is ($1.25) per share. Northland Securities also issued estimates for SolarEdge Technologies' Q4 2026 earnings at ($0.34) EPS, Q1 2027 earnings at ($0.50) EPS, Q2 2027 earnings at ($0.33) EPS, Q3 2027 earnings at ($0.19) EPS, Q4 2027 earnings at ($0.12) EPS and FY2027 earnings at ($1.14) EPS.

SEDG has been the topic of a number of other research reports. Citigroup lifted their price target on shares of SolarEdge Technologies from $25.00 to $30.00 and gave the company a "sell" rating in a research note on Monday, September 21st. Weiss Ratings lowered shares of SolarEdge Technologies from a "sell (d-)" rating to a "sell (e+)" rating in a report on Thursday, September 17th. Royal Bank Of Canada boosted their price objective on shares of SolarEdge Technologies from $24.00 to $30.00 and gave the company a "sector perform" rating in a research report on Friday, September 11th. Barclays reduced their target price on shares of SolarEdge Technologies from $53.00 to $37.00 and set an "equal weight" rating for the company in a research note on Thursday, August 6th. Finally, UBS Group raised SolarEdge Technologies from a "neutral" rating to a "buy" rating and lifted their price target for the company from $36.00 to $42.00 in a research note on Wednesday, August 26th. Two equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, SolarEdge Technologies presently has a consensus rating of "Reduce" and a consensus price target of $39.20.

SolarEdge Technologies Trading Down 3.1%

NASDAQ SEDG opened at $30.87 on Friday. SolarEdge Technologies has a one year low of $28.21 and a one year high of $81.25. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.03 and a quick ratio of 1.38. The firm has a market cap of $1.90 billion, a P/E ratio of -6.86 and a beta of 1.44. The stock's 50-day moving average is $34.61 and its 200-day moving average is $45.97.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.05 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.07. SolarEdge Technologies had a negative net margin of 20.29% and a negative return on equity of 29.17%. The business had revenue of $346.20 million during the quarter, compared to analysts' expectations of $341.15 million. During the same quarter in the prior year, the company earned ($0.81) EPS. The firm's quarterly revenue was up 19.6% on a year-over-year basis.

Institutional Trading of SolarEdge Technologies

Several large investors have recently made changes to their positions in SEDG. Legal & General Group Plc bought a new stake in shares of SolarEdge Technologies during the second quarter valued at approximately $76,095,000. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of SolarEdge Technologies in the 2nd quarter worth $55,514,000. Meitav Investment House Ltd. grew its position in SolarEdge Technologies by 541.6% in 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 period. ING Groep NV bought a new stake in SolarEdge Technologies during the 4th quarter valued at $13,848,000. Finally, AEGON ASSET MANAGEMENT UK Plc acquired a new position in SolarEdge Technologies during the first quarter worth $17,009,000. Institutional investors and hedge funds own 95.10% of the company's stock.

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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