SolarEdge Technologies (SEDG) Projected to Post Earnings on Tuesday

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of ($1.26) per share and revenue of $205.39 million for the quarter.

SolarEdge Technologies Price Performance

Shares of NASDAQ SEDG opened at $13.10 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.95 and a quick ratio of 1.46. The company has a market cap of $773.46 million, a price-to-earnings ratio of -0.42 and a beta of 1.50. The stock's 50-day moving average is $14.76 and its two-hundred day moving average is $14.69. SolarEdge Technologies has a 1-year low of $10.24 and a 1-year high of $61.70.

Insider Buying and Selling at SolarEdge Technologies

In other news, Chairman More Avery bought 30,000 shares of SolarEdge Technologies stock in a transaction dated Tuesday, March 4th. The stock was bought at an average price of $13.70 per share, for a total transaction of $411,000.00. Following the purchase, the chairman now owns 274,478 shares of the company's stock, valued at approximately $3,760,348.60. The trade was a 12.27 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.67% of the company's stock.

Analyst Ratings Changes

A number of research firms recently weighed in on SEDG. Northland Securities upgraded shares of SolarEdge Technologies from an "under perform" rating to a "market perform" rating and set a $12.50 target price on the stock in a research note on Friday, April 25th. Citigroup restated a "sell" rating and issued a $9.00 price objective (down from $12.00) on shares of SolarEdge Technologies in a report on Wednesday, January 8th. Wells Fargo & Company lowered their target price on shares of SolarEdge Technologies from $20.00 to $19.00 and set an "equal weight" rating for the company in a research note on Thursday, March 27th. Northland Capmk raised SolarEdge Technologies from a "strong sell" rating to a "hold" rating in a report on Friday, April 25th. Finally, The Goldman Sachs Group increased their price objective on SolarEdge Technologies from $21.00 to $31.00 and gave the company a "buy" rating in a report on Thursday, February 20th. Ten research analysts have rated the stock with a sell rating, fifteen have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $16.82.

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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