SolarEdge Technologies (SEDG) Stock Price, News & Analysis

$47.81
-0.60 (-1.24%)
(As of 11:16 AM ET)
Today's Range
$47.59
$49.05
50-Day Range
$48.41
$74.49
52-Week Range
$47.59
$306.86
Volume
503,169 shs
Average Volume
2.38 million shs
Market Capitalization
$2.74 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$86.38

SolarEdge Technologies MarketRank™ Stock Analysis

Analyst Rating
Hold
2.03 Rating Score
Upside/​Downside
77.5% Upside
$86.38 Price Target
Short Interest
Healthy
14.12% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.21
Upright™ Environmental Score
News Sentiment
-0.19mentions of SolarEdge Technologies in the last 14 days
Based on 15 Articles This Week
Insider Trading
Acquiring Shares
$474,250 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($6.08) to $0.61 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.

4.54 out of 5 stars

Oils/Energy Sector

24th out of 242 stocks

Semiconductors & Related Devices Industry

19th out of 87 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

3 Tripe-Digit Growth Mid Cap Stocks to Watch This Quarter
The U.S. stock market could now be at a pivotal point, which some may call a top. After potentially pricing in the proposed Federal Reserve's (the Fed's) interest rate cuts, the broader market indexes could be set up for a major disappointment.
3 Tripe-Digit Growth Mid Cap Stocks to Watch This Quarter
Three stocks in the mid cap group offer investors up to triple-digit EPS growth to help portfolios escape the negative effects of stagflation in the economy
SolarEdge Technologies (NASDAQ:SEDG) PT Lowered to $62.00
SolarEdge: Lost Its Edge Over The Competition
SolarEdge: It's Worse Than I Thought
SolarEdge Technologies (NASDAQ:SEDG) PT Lowered to $49.00
The Latest Analyst Ratings For SolarEdge Technologies
Canadian Solar earnings: here's what to expect
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Today
5/20/2024
Next Earnings (Estimated)
8/06/2024
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
$86.38
High Stock Price Target
$314.00
Low Stock Price Target
$44.00
Potential Upside/Downside
+77.5%
Consensus Rating
Hold
Rating Score (0-4)
2.03
Research Coverage
31 Analysts

Profitability

Net Income
$34.33 million
Pretax Margin
-11.95%

Debt

Sales & Book Value

Annual Sales
$2.98 billion
Cash Flow
$3.77 per share
Book Value
$42.46 per share

Miscellaneous

Free Float
56,915,000
Market Cap
$2.79 billion
Optionable
Optionable
Beta
1.53

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SEDG Stock Analysis - Frequently Asked Questions

Should I buy or sell SolarEdge Technologies stock right now?

31 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SolarEdge Technologies in the last year. There are currently 3 sell ratings, 24 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research 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?

31 brokerages have issued 12 month price objectives for SolarEdge Technologies' stock. Their SEDG share price targets range from $44.00 to $314.00. On average, they anticipate the company's share price to reach $86.38 in the next year. This suggests a possible upside of 77.5% 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 the year. Since then, SEDG shares have decreased by 48.0% and is now trading at $48.67.
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 Tuesday, August 6th 2024.
View our SEDG earnings forecast
.

How were SolarEdge Technologies' earnings last quarter?

SolarEdge Technologies, Inc. (NASDAQ:SEDG) announced its quarterly earnings data on Tuesday, February, 20th. The semiconductor company reported ($1.41) earnings per share for the quarter, beating the consensus estimate of ($2.01) by $0.60. The semiconductor company earned $316.04 million during the quarter, compared to analysts' expectations of $319.97 million. SolarEdge Technologies had a negative trailing twelve-month return on equity of 6.43% and a negative net margin of 11.68%.

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

SolarEdge Technologies issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $250.0 million-$280.0 million, compared to the consensus revenue estimate of $306.0 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 on Thursday, March 26th 2015. The company issued 7,000,000 shares at a price of $16.00-$18.00 per share. Goldman Sachs and Deutsche Bank Securities served 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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.10%), Baillie Gifford & Co. (3.03%), Harel Insurance Investments & Financial Services Ltd. (1.76%), UniSuper Management Pty Ltd (0.96%), Invenomic Capital Management LP (0.71%) and Simplex Trading LLC (0.00%). 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..
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This page (NASDAQ:SEDG) was last updated on 5/20/2024 by MarketBeat.com Staff

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