NASDAQ:SEDG - Solaredge Technologies Stock Price, Price Target & More

Solaredge Technologies trades on the NASDAQ under the ticker symbol "SEDG."

Solaredge Technologies Inc (NASDAQ:SEDG) announced its earnings results on Wednesday, May, 9th. The semiconductor company reported $0.87 EPS for the quarter, topping the Zacks' consensus estimate of $0.80 by $0.07. The semiconductor company had revenue of $209.90 million for the quarter, compared to analysts' expectations of $204.38 million. Solaredge Technologies had a return on equity of 32.27% and a net margin of 15.06%. Solaredge Technologies's revenue for the quarter was up 82.4% compared to the same quarter last year. During the same period last year, the firm earned $0.36 EPS. View Solaredge Technologies' Earnings History.

14 equities research analysts have issued twelve-month target prices for Solaredge Technologies' stock. Their forecasts range from $25.00 to $70.00. On average, they anticipate Solaredge Technologies' stock price to reach $56.2727 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Ratings for Solaredge Technologies.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Solaredge Technologies in the last year. There are currently 2 sell ratings, 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Solaredge Technologies saw a increase in short interest in June. As of June 15th, there was short interest totalling 6,666,059 shares, an increase of 51.9% from the May 31st total of 4,388,834 shares. Based on an average trading volume of 1,884,211 shares, the days-to-cover ratio is presently 3.5 days. Currently, 16.6% of the company's stock are short sold. View Solaredge Technologies' Current Options Chain.

Some companies that are related to Solaredge Technologies include Microsemi (MSCC), United Microelectronics (UMC), SUMCO Corp/ADR (SUOPY), Cypress Semiconductor (CY), Cavium (CAVM), Monolithic Power Systems (MPWR), Semiconductor Manufacturing Int'l (SMI), First Solar (FSLR), Siliconware Precision Industries (SPIL), Cree (CREE), Silicon Laboratories (SLAB), Integrated Device Technology (IDTI), Mellanox Technologies (MLNX), AU Optronics (AUO) and Advantest (ATEYY).

(SEDG) raised $119 million in an 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.

News articles about SEDG stock have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Solaredge Technologies earned a daily sentiment score of 0.11 on Accern's scale. They also assigned news headlines about the semiconductor company an impact score of 45.11 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Solaredge Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional investors include NN Investment Partners Holdings N.V. (5.41%), Handelsbanken Fonder AB (0.42%), Bank of Montreal Can (0.21%), James Investment Research Inc. (0.09%), Municipal Employees Retirement System of Michigan (0.03%) and Capital One National Association (0.02%). Company insiders that own Solaredge Technologies stock include Doron Inbar, Guy Sella, Lior Handelsman, Meir Adest, More Avery, Rachel Prishkolnik, Ronen Faier, Yoav Galin and Zvi Lando. View Institutional Ownership Trends for Solaredge Technologies.

SEDG stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, James Investment Research Inc., Bank of Montreal Can and Municipal Employees Retirement System of Michigan. Company insiders that have sold Solaredge Technologies company stock in the last year include Doron Inbar, Guy Sella, Lior Handelsman, Meir Adest, More Avery, Rachel Prishkolnik, Ronen Faier, Yoav Galin and Zvi Lando. View Insider Buying and Selling for Solaredge Technologies.

SEDG stock was acquired by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Capital One National Association and Xact Kapitalforvaltning AB. View Insider Buying and Selling for Solaredge Technologies.

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

One share of SEDG stock can currently be purchased for approximately $53.65.

Solaredge Technologies has a market capitalization of $2.44 billion and generates $607.04 million in revenue each year. The semiconductor company earns $84.17 million in net income (profit) each year or $2.25 on an earnings per share basis. Solaredge Technologies employs 1,007 workers across the globe.

Solaredge Technologies' mailing address is 1 HAMADA STREET, HERZILIYA PITUACH L3, 4673335. The semiconductor company can be reached via phone at 972-9957-6620 or via email at [email protected]