SolarEdge Technologies (NASDAQ:SEDG) Given New $28.00 Price Target at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank Aktiengesellschaft has raised its price target for SolarEdge Technologies from $19.00 to $28.00, maintaining a "hold" rating, which implies a potential downside of 26.10% from the recent close.
• Recent analyst reports show a range of opinions, with Glj Research downgrading the stock to a "strong sell" with a target price of $6.90, while Mizuho raised its target to $29.00 with a "neutral" rating.
• SolarEdge Technologies reported $289.43 million in revenue for the last quarter, exceeding analyst estimates of $270.03 million, and posted an EPS of ($0.81), meeting the consensus forecast.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) had its price objective hoisted by equities researchers at Deutsche Bank Aktiengesellschaft from $19.00 to $28.00 in a note issued to investors on Wednesday,MarketScreener reports. The firm presently has a "hold" rating on the semiconductor company's stock. Deutsche Bank Aktiengesellschaft's price target would suggest a potential downside of 26.10% from the company's previous close.

Several other research analysts have also recently weighed in on the company. Glj Research downgraded shares of SolarEdge Technologies from a "hold" rating to a "strong sell" rating and set a $6.90 target price on the stock. in a report on Tuesday, June 17th. Wall Street Zen upgraded shares of SolarEdge Technologies from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Jefferies Financial Group upped their price target on SolarEdge Technologies from $10.00 to $18.00 and gave the company an "underperform" rating in a research report on Monday, July 14th. Mizuho increased their price objective on SolarEdge Technologies from $18.00 to $29.00 and gave the stock a "neutral" rating in a research note on Monday, July 14th. Finally, Susquehanna lifted their target price on SolarEdge Technologies from $14.00 to $26.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. Eighteen research analysts have rated the stock with a Hold rating and ten have issued a Sell rating to the stock. Based on data from MarketBeat.com, SolarEdge Technologies has a consensus rating of "Reduce" and an average price target of $18.92.

SolarEdge Technologies Trading Up 2.4%

NASDAQ SEDG opened at $37.89 on Wednesday. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of -1.25 and a beta of 1.49. The company's fifty day moving average price is $30.95 and its two-hundred day moving average price is $22.60. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.94 and a quick ratio of 1.42. SolarEdge Technologies has a 12 month low of $10.24 and a 12 month high of $40.50.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) last posted its quarterly earnings results 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 net margin of 177.64% and a negative return on equity of 191.53%. The business had revenue of $289.43 million during the quarter, compared to analyst estimates of $270.03 million. During the same period in the previous year, the business posted ($1.79) EPS. The company's quarterly revenue was up 9.0% on a year-over-year basis. SolarEdge Technologies has set its Q3 2025 guidance at EPS. As a group, research analysts predict that SolarEdge Technologies will post -4.54 earnings per share for the current fiscal year.

Institutional Trading of SolarEdge Technologies

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in SolarEdge Technologies by 4.4% in the first quarter. Vanguard Group Inc. now owns 3,028,018 shares of the semiconductor company's stock valued at $48,993,000 after acquiring an additional 126,246 shares during the last quarter. Ion Asset Management Ltd. boosted its stake in SolarEdge Technologies by 135.9% in the first quarter. Ion Asset Management Ltd. now owns 2,082,497 shares of the semiconductor company's stock valued at $33,695,000 after acquiring an additional 1,199,801 shares during the last quarter. Menora Mivtachim Holdings LTD. boosted its position in shares of SolarEdge Technologies by 213.4% in the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 1,490,637 shares of the semiconductor company's stock worth $30,409,000 after purchasing an additional 1,015,017 shares during the last quarter. Legal & General Group Plc increased its holdings in SolarEdge Technologies by 9.6% in the second quarter. Legal & General Group Plc now owns 1,424,788 shares of the semiconductor company's stock valued at $29,066,000 after purchasing an additional 124,591 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its stake in SolarEdge Technologies by 10,038.2% in the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,109,225 shares of the semiconductor company's stock valued at $17,945,000 after buying an additional 1,098,284 shares during the period. 95.10% of the stock is owned by institutional investors.

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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