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

Key Points

• SolarEdge Technologies has received a consensus rating of "Reduce" from 28 research firms, with 10 analysts giving it a sell rating and 18 assigning a hold rating.
• The average target price for SolarEdge stock among analysts is $18.12, reflecting a significant variance in expectations regarding the company's performance.
• The company reported a revenue increase of 9.0% year-over-year, with a reported EPS of ($0.81) meeting consensus estimates, despite continuing negative margins.

Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG - Get Free Report) have earned a consensus recommendation of "Reduce" from the twenty-eight research firms that are presently covering the company, MarketBeat Ratings reports. Ten research analysts have rated the stock with a sell rating and eighteen have assigned a hold rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $18.1208.

Several brokerages recently weighed in on SEDG. Wall Street Zen raised SolarEdge Technologies from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $27.00 price objective on shares of SolarEdge Technologies in a report on Wednesday, July 9th. Wells Fargo & Company boosted their target price on SolarEdge Technologies from $15.00 to $24.00 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. Roth Capital lifted their price target on SolarEdge Technologies from $15.00 to $25.00 and gave the company a "neutral" rating in a research note on Tuesday, August 5th. Finally, Jefferies Financial Group lifted their price target on SolarEdge Technologies from $10.00 to $18.00 and gave the company an "underperform" rating in a research note on Monday, July 14th.

Institutional Trading of SolarEdge Technologies

Institutional investors have recently modified their holdings of the business. Geode Capital Management LLC increased its holdings in SolarEdge Technologies by 2.9% in the fourth quarter. Geode Capital Management LLC now owns 728,259 shares of the semiconductor company's stock valued at $9,909,000 after buying an additional 20,215 shares in the last quarter. XTX Topco Ltd purchased a new position in SolarEdge Technologies in the fourth quarter valued at about $350,000. First Trust Advisors LP increased its holdings in SolarEdge Technologies by 17.0% in the fourth quarter. First Trust Advisors LP now owns 462,000 shares of the semiconductor company's stock valued at $6,283,000 after buying an additional 67,296 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new position in SolarEdge Technologies in the fourth quarter valued at about $467,000. Finally, Natixis increased its holdings in SolarEdge Technologies by 72.2% in the fourth quarter. Natixis now owns 68,126 shares of the semiconductor company's stock valued at $927,000 after buying an additional 28,563 shares in the last quarter. 95.10% of the stock is currently owned by hedge funds and other institutional investors.

SolarEdge Technologies Stock Up 0.2%

SEDG opened at $32.06 on Thursday. The business has a 50 day moving average price of $24.84 and a two-hundred day moving average price of $18.99. 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 company has a market cap of $1.90 billion, a PE ratio of -1.07 and a beta of 1.56. SolarEdge Technologies has a 52 week low of $10.24 and a 52 week high of $33.30.

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

About SolarEdge Technologies

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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