SolarEdge Technologies (SEDG) Stock Price, News & Analysis

$56.69
+2.18 (+4.00%)
(As of 12:34 PM ET)
Today's Range
$54.00
$57.47
50-Day Range
$54.51
$86.94
52-Week Range
$53.59
$321.33
Volume
1.28 million shs
Average Volume
2.39 million shs
Market Capitalization
$3.24 billion
P/E Ratio
125.98
Dividend Yield
N/A
Price Target
$98.38

SolarEdge Technologies MarketRank™ Stock Analysis

Analyst Rating
Hold
2.10 Rating Score
Upside/​Downside
80.5% Upside
$98.38 Price Target
Short Interest
Bearish
15.60% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.21
Upright™ Environmental Score
News Sentiment
0.34mentions of SolarEdge Technologies in the last 14 days
Based on 25 Articles This Week
Insider Trading
Acquiring Shares
$474,250 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($4.11) to $1.86 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.49 out of 5 stars

Oils/Energy Sector

25th out of 236 stocks

Semiconductors & Related Devices Industry

20th out of 88 stocks

SEDG stock logo

About SolarEdge Technologies Stock (NASDAQ:SEDG)

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. The Solar segment offers power optimizers, inverters, batteries, storage solutions, electric vehicle chargers, smart tracking solutions, and smart energy management software products; Monitoring platform, a cloud-based monitoring platform, which collects power, voltage, current, and system data sent from inverters and power optimizers; and MySolarEdge app, that enables system owners to track their real-time system production and household energy consumption. This segment also provides Designer platform, an web-based tool that helps solar professionals to plan, build, and validate residential and commercial systems; Mapper application for registering the physical layout of new PV sites installed with DC optimized inverter systems; SetApp application that activates and configurate inverters; and grid services. The Energy Storage segment provides lithium-ion cells and containerized battery systems (BESS) solutions for commercial, industrial, and utility markets; modules and racks; purpose-built components and solutions, and hardware and software tools; and pre and post sales engineering support for designing, building, and managing battery and system solutions. The company offers e-mobility products, automated machines, and UPS products; and pre-sales support, ongoing trainings, and technical support and after installation services. It sells its products through solar installers and distributors, electrical equipment wholesalers, and PV module manufacturers, as well as engineering, procurement, and construction firms. SolarEdge Technologies, Inc. was incorporated in 2006 and is headquartered in Herzliya, Israel.

SEDG Stock Price History

SEDG Stock News Headlines

Banks Think Small Cap Stocks Need to Catch Up: 3 Winners
The momentum trade has been exhausted by the large-capitalization stocks in the market, especially those in the technology sector, as names like Nvidia Co. NASDAQ: NVDA keep making new all-time highs. For this reason, quants at PGIM believe that Wall Street may soon rotate into small-capitalization stocks to squeeze further returns.
Banks Think Small Cap Stocks Need to Catch Up: 3 Winners (SEDG)
Three small cap stocks are setting up to lead the way into the new momentum trade, Wall Street believes large cap names exhausted the momentum trade now
Claim Your Complimentary Bitcoin Reward
Many have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.
The Analyst Landscape: 19 Takes On SolarEdge Technologies
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
SEDG Apr 2024 90.000 call
SEDG Apr 2024 90.000 put
SEDG Apr 2024 49.000 call
What Analysts Are Saying About SolarEdge Technologies Stock
SEDG Apr 2024 71.000 call
SolarEdge Technologies Inc.
SolarEdge: Under Shipping Demand
See More Headlines
Receive SEDG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for SolarEdge Technologies and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/20/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:SEDG
Employees
5,633
Year Founded
2006

Price Target and Rating

Average Stock Price Target
$98.38
High Stock Price Target
$314.00
Low Stock Price Target
$61.00
Potential Upside/Downside
+81.1%
Consensus Rating
Hold
Rating Score (0-4)
2.10
Research Coverage
30 Analysts

Profitability

Net Income
$34.33 million
Pretax Margin
2.72%

Debt

Sales & Book Value

Annual Sales
$2.98 billion
Cash Flow
$3.66 per share
Book Value
$42.46 per share

Miscellaneous

Free Float
56,458,000
Market Cap
$3.11 billion
Optionable
Optionable
Beta
1.51

Social Links

7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

SEDG Stock Analysis - Frequently Asked Questions

Should I buy or sell SolarEdge Technologies stock right now?

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SolarEdge Technologies in the last year. There are currently 3 sell ratings, 21 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SEDG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SEDG, but not buy additional shares or sell existing shares.
View SEDG analyst ratings
or view top-rated stocks.

What is SolarEdge Technologies' stock price target for 2024?

30 Wall Street research analysts have issued 1 year target prices for SolarEdge Technologies' stock. Their SEDG share price targets range from $61.00 to $314.00. On average, they anticipate the company's stock price to reach $98.38 in the next year. This suggests a possible upside of 80.5% from the stock's current price.
View analysts price targets for SEDG
or view top-rated stocks among Wall Street analysts.

How have SEDG shares performed in 2024?

SolarEdge Technologies' stock was trading at $93.60 at the beginning of 2024. Since then, SEDG stock has decreased by 41.8% and is now trading at $54.51.
View the best growth stocks for 2024 here
.

When is SolarEdge Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our SEDG earnings forecast
.

How can I listen to SolarEdge Technologies' earnings call?

SolarEdge Technologies will be holding an earnings conference call on Wednesday, May 8th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were SolarEdge Technologies' earnings last quarter?

SolarEdge Technologies, Inc. (NASDAQ:SEDG) issued its earnings results on Tuesday, February, 20th. The semiconductor company reported ($1.41) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.01) by $0.60. The semiconductor company had revenue of $316.04 million for the quarter, compared to the consensus estimate of $319.97 million. SolarEdge Technologies had a trailing twelve-month return on equity of 5.00% and a net margin of 1.15%.

What guidance has SolarEdge Technologies issued on next quarter's earnings?

SolarEdge Technologies updated its first quarter 2024 earnings guidance on Tuesday, February, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $175.0 million-$215.0 million, compared to the consensus revenue estimate of $373.4 million.

What is Zvi Lando's approval rating as SolarEdge Technologies' CEO?

15 employees have rated SolarEdge Technologies Chief Executive Officer Zvi Lando on Glassdoor.com. Zvi Lando has an approval rating of 89% among the company's employees.

What other stocks do shareholders of SolarEdge Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SolarEdge Technologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), Tesla (TSLA), PayPal (PYPL), Salesforce (CRM), Advanced Micro Devices (AMD), Walt Disney (DIS), Block (SQ), Enphase Energy (ENPH) and Netflix (NFLX).

When did SolarEdge Technologies IPO?

SolarEdge Technologies (SEDG) raised $119 million in an initial public offering (IPO) on Thursday, March 26th 2015. The company issued 7,000,000 shares at $16.00-$18.00 per share. Goldman Sachs and Deutsche Bank Securities acted as the underwriters for the IPO and Needham, Canaccord Genuity and Roth Capital Partners were co-managers.

Who are SolarEdge Technologies' major shareholders?

SolarEdge Technologies' stock is owned by a number of retail and institutional investors. Top institutional shareholders include IMC Chicago LLC (0.00%), Guinness Asset Management LTD (0.19%), Global Assets Advisory LLC (0.12%), State of Alaska Department of Revenue (0.06%), Green Alpha Advisors LLC (0.02%) and Altfest L J & Co. Inc. (0.01%). Insiders that own company stock include Doron Inbar, Marcel Gani, Marcus Boehm, Meir Adest, More Avery, Rachel Prishkolnik, Ronen Faier, Tal Payne, Uri Bechor, Yoav Galin and Zvi Lando.
View institutional ownership trends
.

How do I buy shares of SolarEdge Technologies?

Shares of SEDG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does SolarEdge Technologies have any subsidiaries?
The following companies are subsidiares of SolarEdge Technologies: Gamatronic (UK) Limited., Gamatronic Electronic Industries, Guangzhou SolarEdge Machinery Technical Consulting Co. Ltd, Kokam, Kokam Co. Ltd., S.M.R.E., SMRE, SOLAREDGE TECHNOLOGIES (INDIA) PRIVATE LIMITED, SOLAREDGE TEKNOLOJİ A.Ş., SolarEdge Technologies (Australia) PTY LTD, SolarEdge Technologies (Belgium) SPRL, SolarEdge Technologies (Bulgaria) Ltd., SolarEdge Technologies (Canada) Ltd., SolarEdge Technologies (France) SARL., SolarEdge Technologies (Holland) B.V., SolarEdge Technologies (Japan) Co. Ltd., SolarEdge Technologies (Sweden) AB, SolarEdge Technologies (UK) Ltd., SolarEdge Technologies China, SolarEdge Technologies GmbH, SolarEdge Technologies Italy S.R.L., SolarEdge Technologies Korea Co. Ltd., SolarEdge Technologies Ltd., SolarEdge Technologies SRL., and SolarEdge Technologies Taiwan Co. Ltd..
Read More
This page (NASDAQ:SEDG) was last updated on 4/23/2024 by MarketBeat.com Staff

From Our Partners