SolarEdge Technologies, Inc. (NASDAQ:SEDG) Given Consensus Rating of "Reduce" by Brokerages

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.

SolarEdge Technologies, Inc. (NASDAQ:SEDG - Get Free Report) has been given an average rating of "Reduce" by the twenty-eight ratings firms that are covering the firm, Marketbeat Ratings reports. Ten investment analysts have rated the stock with a sell recommendation and eighteen have issued a hold recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $18.2042.

A number of brokerages recently issued reports on SEDG. Barclays upgraded shares of SolarEdge Technologies from an "underweight" rating to an "equal weight" rating and boosted their price objective for the company from $12.00 to $29.00 in a report on Monday, July 14th. KeyCorp upgraded shares of SolarEdge Technologies from an "underweight" rating to a "sector weight" rating in a report on Tuesday, July 8th. Northland Securities upgraded shares of SolarEdge Technologies from an "under perform" rating to a "market perform" rating and set a $15.50 price objective for the company in a report on Friday, May 23rd. Wall Street Zen upgraded shares of SolarEdge Technologies from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Finally, Guggenheim upped their price target on shares of SolarEdge Technologies from $5.00 to $7.00 and gave the company a "sell" rating in a report on Monday.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Fifth Third Bancorp boosted its holdings 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 during the period. Edmond DE Rothschild Holding S.A. boosted its holdings 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 during the period. Banque Cantonale Vaudoise acquired a new position in shares of SolarEdge Technologies in the first quarter valued at approximately $35,000. Canada Pension Plan Investment Board acquired a new position in shares of SolarEdge Technologies in the second quarter valued at approximately $35,000. Finally, Tower Research Capital LLC TRC boosted its holdings in SolarEdge Technologies by 28.7% during the second quarter. Tower Research Capital LLC TRC now owns 2,481 shares of the semiconductor company's stock worth $51,000 after purchasing an additional 553 shares during the last quarter. Institutional investors and hedge funds own 95.10% of the company's stock.

SolarEdge Technologies Trading Up 0.8%

Shares of SEDG traded up $0.26 on Thursday, reaching $32.25. 3,409,566 shares of the company's stock were exchanged, compared to its average volume of 4,950,363. The company has a current ratio of 1.94, a quick ratio of 1.42 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $1.92 billion, a P/E ratio of -1.08 and a beta of 1.56. The business has a 50 day moving average price of $25.73 and a two-hundred day moving average price of $19.53. SolarEdge Technologies has a 12 month low of $10.24 and a 12 month high of $34.36.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The semiconductor company reported ($0.81) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates 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 net margin of 177.64% and a negative return on equity of 191.53%. The business's revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the company earned ($1.79) earnings per share. SolarEdge Technologies has set its Q3 2025 guidance at EPS. Research analysts anticipate that SolarEdge Technologies will post -4.54 earnings per share for the current year.

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.