SolarEdge Technologies Stock Forecast, Price & News

SolarEdge Technologies' stock was trading at $106.11 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SEDG stock has increased by 156.3% and is now trading at $271.97.
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16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SolarEdge Technologies in the last year. There are currently 2 sell ratings, 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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SolarEdge Technologies is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for SolarEdge Technologies.

SolarEdge Technologies, Inc. (NASDAQ:SEDG) posted its quarterly earnings results on Monday, November, 2nd. The semiconductor company reported $0.83 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.28. The semiconductor company had revenue of $338.10 million for the quarter, compared to the consensus estimate of $342.36 million. SolarEdge Technologies had a return on equity of 20.76% and a net margin of 10.89%. The business's revenue for the quarter was down 17.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.21 EPS.
View SolarEdge Technologies' earnings history.

SolarEdge Technologies updated its fourth quarter 2020 After-Hours earnings guidance on Monday, November, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $345-365 million, compared to the consensus revenue estimate of $389.57 million.

16 Wall Street analysts have issued 12-month price objectives for SolarEdge Technologies' stock. Their forecasts range from $118.00 to $364.00. On average, they anticipate SolarEdge Technologies' stock price to reach $209.20 in the next year. This suggests that the stock has a possible downside of 23.1%.
View analysts' price targets for SolarEdge Technologies.

Some companies that are related to SolarEdge Technologies include Tokyo Electron (TOELY), Analog Devices (ADI), Infineon Technologies (IFNNY), NXP Semiconductors (NXPI), STMicroelectronics (STM), Microchip Technology (MCHP), Xilinx (XLNX), Marvell Technology Group (MRVL), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Kyocera (KYOCY), United Microelectronics (UMC), Qorvo (QRVO), Enphase Energy (ENPH) and Monolithic Power Systems (MPWR).
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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.com (CRM), Advanced Micro Devices (AMD), The Walt Disney (DIS), Square (SQ), Enphase Energy (ENPH) and Netflix (NFLX).

(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 acted as the underwriters for the IPO and Needham, Canaccord Genuity and Roth Capital Partners were co-managers.

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

SolarEdge Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.71%), NN Investment Partners Holdings N.V. (2.52%), State Street Corp (2.29%), William Blair Investment Management LLC (2.06%), Harel Insurance Investments & Financial Services Ltd. (1.76%) and Great West Life Assurance Co. Can (1.57%). Company insiders that own SolarEdge Technologies stock include Doron Inbar, Lior Handelsman, Marcel Gani, Meir Adest, More Avery, Rachel Prishkolnik, Ronen Faier, Uri Bechor, 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 Menora Mivtachim Holdings LTD., William Blair Investment Management LLC, Psagot Investment House Ltd., Arrowstreet Capital Limited Partnership, NN Investment Partners Holdings N.V., Phoenix Holdings Ltd., Charles Schwab Investment Management Inc., and Van ECK Associates Corp. Company insiders that have sold SolarEdge Technologies company stock in the last year include Doron Inbar, Lior Handelsman, Marcel Gani, Meir Adest, More Avery, Rachel Prishkolnik, Ronen Faier, Uri Bechor, Yoav Galin, and Zvi Lando.
View insider buying and selling activity for SolarEdge Technologies.

SEDG stock was purchased by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, BlackRock Inc., Voloridge Investment Management LLC, Allianz Asset Management GmbH, Polar Capital LLP, Scout Investments Inc., First Trust Advisors LP, and BP PLC.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of SEDG stock can currently be purchased for approximately $271.97.

SolarEdge Technologies has a market capitalization of $13.93 billion and generates $1.43 billion in revenue each year. The semiconductor company earns $146.55 million in net income (profit) each year or $2.90 on an earnings per share basis. SolarEdge Technologies employs 2,431 workers across the globe.

The official website for SolarEdge Technologies is www.solaredge.com.

SolarEdge Technologies' mailing address is 1 HAMADA STREET POB 12001, HERZILIYA PITUACH L3, 4673335. The semiconductor company can be reached via phone at 972-9957-6620 or via email at [email protected]