SolarEdge Technologies (NASDAQ:SEDG) Trading Down 5% - Should You Sell?

Key Points

• SolarEdge shares dropped about 5% intraday to $46.32 (intraday low $46.30) on light volume of ~694,098 shares, roughly 79% below its average session volume.
• Analysts are mixed but cautious: the consensus (1 Buy, 18 Hold, 6 Sell) yields an average rating of "Reduce" and an average price target of $29.09, even as some firms recently adjusted targets between $32 and $43.
• Fundamentals show weakness—SolarEdge reported EPS of ($0.14) on $333.8M revenue, with a negative net margin (~34%) and negative ROE (~45.5%), and analysts project about -4.54 EPS for the year.

SolarEdge Technologies, Inc. (NASDAQ:SEDG - Get Free Report)'s share price fell 5% during mid-day trading on Monday . The company traded as low as $46.30 and last traded at $46.32. 694,098 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 3,321,794 shares. The stock had previously closed at $48.75.

Analysts Set New Price Targets

Several brokerages have recently commented on SEDG. Raymond James Financial assumed coverage on SolarEdge Technologies in a research note on Tuesday, January 13th. They set a "market perform" rating on the stock. Morgan Stanley boosted their target price on SolarEdge Technologies from $33.00 to $40.00 and gave the stock an "equal weight" rating in a research report on Thursday, February 19th. Barclays raised their price target on SolarEdge Technologies from $36.00 to $39.00 and gave the company an "equal weight" rating in a research report on Thursday, January 15th. Royal Bank Of Canada cut their price target on SolarEdge Technologies from $34.00 to $32.00 and set a "sector perform" rating for the company in a research note on Thursday, February 19th. Finally, TD Cowen increased their price objective on shares of SolarEdge Technologies from $38.00 to $43.00 and gave the company a "buy" rating in a research note on Thursday, February 19th. One research analyst has rated the stock with a Buy rating, eighteen have issued a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Reduce" and an average price target of $29.09.

SolarEdge Technologies Trading Down 7.6%

The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.48 and a current ratio of 2.17. The business has a fifty day simple moving average of $39.69 and a 200 day simple moving average of $36.43. The stock has a market cap of $2.72 billion, a price-to-earnings ratio of -6.55 and a beta of 1.35.

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

Institutional Investors Weigh In On SolarEdge Technologies

Several hedge funds have recently modified their holdings of the company. Accent Capital Management LLC acquired a new position in shares of SolarEdge Technologies in the third quarter valued at approximately $25,000. Hantz Financial Services Inc. grew its stake in SolarEdge Technologies by 352.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 733 shares of the semiconductor company's stock worth $27,000 after acquiring an additional 571 shares during the period. Whittier Trust Co. purchased a new stake in SolarEdge Technologies in the 3rd quarter worth approximately $27,000. Saranac Partners Ltd acquired a new position in SolarEdge Technologies in the 3rd quarter valued at $28,000. Finally, State of Wyoming purchased a new position in shares of SolarEdge Technologies during the 4th quarter worth $27,000. 95.10% of the stock is owned by institutional investors and hedge funds.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.