SolarEdge Technologies, Inc. (NASDAQ:SEDG) Receives Average Recommendation of "Reduce" from Analysts

Key Points

• SolarEdge Technologies, Inc. has received an average recommendation of "Reduce" from analysts, with ten rating the stock as a sell and seventeen as a hold.
• The company's shares opened at $28.97, having a 52-week low of $10.24 and a high of $35.77, while its market cap stands at $1.72 billion.
• SolarEdge reported a quarterly earnings loss of ($0.81) per share, despite achieving a revenue of $289.43 million, surpassing analysts' expectations of $270.03 million.

Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG - Get Free Report) have earned a consensus recommendation of "Reduce" from the twenty-seven ratings firms that are covering the company, MarketBeat.com reports. Ten research analysts have rated the stock with a sell recommendation and seventeen have given a hold recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $18.3708.

Several research analysts recently weighed in on the company. Glj Research cut SolarEdge Technologies from a "hold" rating to a "strong sell" rating and set a $6.90 price target for the company. in a research report on Tuesday, June 17th. Guggenheim lifted their price target on SolarEdge Technologies from $5.00 to $7.00 and gave the company a "sell" rating in a research report on Monday, August 25th. KeyCorp upgraded SolarEdge Technologies from an "underweight" rating to a "sector weight" rating in a research report on Tuesday, July 8th. Northland Securities upgraded SolarEdge Technologies from an "under perform" rating to a "market perform" rating and set a $15.50 price target for the company in a research report on Friday, May 23rd. Finally, Wells Fargo & Company lifted their price target on SolarEdge Technologies from $15.00 to $24.00 and gave the company an "equal weight" rating in a research report on Friday, August 8th.

SolarEdge Technologies Trading Down 1.8%

Shares of NASDAQ:SEDG opened at $28.97 on Monday. SolarEdge Technologies has a 52-week low of $10.24 and a 52-week high of $35.77. The stock has a market cap of $1.72 billion, a price-to-earnings ratio of -0.97 and a beta of 1.49. 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 $28.80 and a 200-day moving average price of $20.95.

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

Institutional Trading of SolarEdge Technologies

Institutional investors and hedge funds have recently made changes to their positions in the business. Edmond DE Rothschild Holding S.A. increased its position in shares of SolarEdge Technologies by 60.0% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 1,600 shares of the semiconductor company's stock valued at $26,000 after buying an additional 600 shares in the last quarter. Fifth Third Bancorp increased its position in shares of SolarEdge Technologies by 93.7% in the first quarter. Fifth Third Bancorp now owns 1,633 shares of the semiconductor company's stock valued at $26,000 after buying an additional 790 shares in the last quarter. Canada Pension Plan Investment Board purchased a new stake in shares of SolarEdge Technologies in the second quarter valued at approximately $35,000. Banque Cantonale Vaudoise purchased a new stake in shares of SolarEdge Technologies in the first quarter valued at approximately $35,000. Finally, Tower Research Capital LLC TRC increased its position in shares of 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 valued at $51,000 after buying an additional 553 shares in the last quarter. 95.10% of the stock is currently owned by hedge funds and other institutional investors.

SolarEdge Technologies Company Profile

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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