SolarEdge Technologies (NASDAQ:SEDG) Price Target Raised to $45.00 at Susquehanna

Key Points

• Susquehanna raised its price target on SolarEdge to $45 (from $37) while keeping a "neutral" rating, implying only about a 0.18% upside from the stock's current level.
• Analyst coverage is mixed-to-negative overall: MarketBeat shows a consensus target of $29.81 with one Buy, eighteen Hold and six Sell ratings (average rating "Reduce"), though firms like Jefferies recently moved to "hold" and raised targets.
• Shares traded at about $44.92 (up ~3.2%) and the company has a market cap of ~$2.7B, but SolarEdge remains unprofitable (net margin -34.23%, ROE -45.54%) and analysts forecast a negative -4.54 EPS for the year; institutional ownership is very high (~95.1%) with recent large stake increases by several firms.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) had its target price lifted by equities researchers at Susquehanna from $37.00 to $45.00 in a report issued on Thursday,Benzinga reports. The firm presently has a "neutral" rating on the semiconductor company's stock. Susquehanna's price objective would suggest a potential upside of 0.18% from the stock's current price.

Several other brokerages also recently commented on SEDG. Jefferies Financial Group raised SolarEdge Technologies from an "underperform" rating to a "hold" rating and upped their price objective for the company from $30.00 to $49.00 in a research report on Friday, March 20th. UBS Group decreased their target price on SolarEdge Technologies from $40.00 to $36.00 and set a "neutral" rating for the company in a research report on Monday, March 2nd. Barclays boosted their target price on shares of SolarEdge Technologies from $39.00 to $41.00 and gave the company an "equal weight" rating in a research note on Wednesday. Raymond James Financial started coverage on shares of SolarEdge Technologies in a report on Tuesday, January 13th. They issued a "market perform" rating on the stock. Finally, Citigroup reduced their price target on shares of SolarEdge Technologies from $30.00 to $29.00 and set a "sell" rating on the stock in a research note on Thursday, December 18th. One research analyst has rated the stock with a Buy rating, eighteen have given a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Reduce" and a consensus target price of $29.81.

SolarEdge Technologies Trading Up 3.2%

Shares of NASDAQ:SEDG traded up $1.40 during trading hours on Thursday, hitting $44.92. 894,808 shares of the company's stock traded hands, compared to its average volume of 3,348,010. SolarEdge Technologies has a 1 year low of $11.00 and a 1 year high of $53.75. The business has a fifty day moving average price of $40.24 and a 200-day moving average price of $36.61. The firm has a market capitalization of $2.71 billion, a P/E ratio of -6.52 and a beta of 1.35. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.17 and a quick ratio of 1.48.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) last released its earnings results on Thursday, February 26th. The semiconductor company reported ($0.14) EPS for the quarter. SolarEdge Technologies had a negative net margin of 34.23% and a negative return on equity of 45.54%. The business had revenue of $333.80 million for the quarter. Equities analysts expect that SolarEdge Technologies will post -4.54 earnings per share for the current year.

Institutional Investors Weigh In On SolarEdge Technologies

A number of large investors have recently modified their holdings of SEDG. UBS Group AG boosted its stake in SolarEdge Technologies by 234.8% in the 3rd quarter. UBS Group AG now owns 3,554,504 shares of the semiconductor company's stock worth $131,517,000 after purchasing an additional 2,492,776 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in SolarEdge Technologies by 612.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,448,643 shares of the semiconductor company's stock valued at $53,600,000 after purchasing an additional 1,245,445 shares in the last quarter. Electron Capital Partners LLC raised its holdings in shares of SolarEdge Technologies by 107.8% in the third quarter. Electron Capital Partners LLC now owns 1,732,566 shares of the semiconductor company's stock worth $64,105,000 after buying an additional 898,802 shares during the last quarter. ION Fund Management Ltd purchased a new position in shares of SolarEdge Technologies in the fourth quarter worth $22,965,000. Finally, PGGM Investments acquired a new stake in shares of SolarEdge Technologies during the third quarter worth $24,438,000. Hedge funds and other institutional investors own 95.10% of the company's stock.

About SolarEdge Technologies

SolarEdge Technologies NASDAQ: SEDG is a global provider of solar energy solutions focused on optimizing photovoltaic (PV) power generation. The company's core offerings include power optimizers, inverters and cloud-based monitoring platforms designed to maximize energy output and improve safety across residential, commercial and utility-scale installations. By coupling module-level electronics with centralized inverters, SolarEdge's technology enables real-time performance monitoring and rapid fault detection to enhance system reliability.

In recent years, SolarEdge has expanded its product portfolio beyond solar PV to include energy storage systems, electric vehicle (EV) charging solutions and smart energy management tools.

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