NASDAQ:SEDG SolarEdge Technologies (SEDG) Stock Forecast, Price & News $291.06 -3.69 (-1.25%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$290.34▼$303.3150-Day Range$263.61▼$319.2052-Week Range$190.15▼$375.90Volume619,097 shsAverage Volume834,694 shsMarket Capitalization$16.40 billionP/E Ratio85.61Dividend YieldN/APrice Target$374.26 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability SolarEdge Technologies MarketRank™ ForecastAnalyst RatingModerate Buy2.74 Rating ScoreUpside/Downside28.6% Upside$374.26 Price TargetShort InterestHealthy5.09% of Shares Sold ShortDividend StrengthN/ASustainability-0.83Upright™ Environmental ScoreNews Sentiment1.36Based on 3 Articles This WeekInsider TradingSelling Shares$1.52 M Sold Last QuarterProj. Earnings Growth24.88%From $8.56 to $10.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.11 out of 5 starsOils/Energy Sector15th out of 245 stocksSemiconductors & Related Devices Industry5th out of 89 stocks 4.4 Analyst's Opinion Consensus RatingSolarEdge Technologies has received a consensus rating of Buy. The company's average rating score is 2.74, and is based on 14 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $374.26, SolarEdge Technologies has a forecasted upside of 28.6% from its current price of $291.06.Amount of Analyst CoverageSolarEdge Technologies has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.09% of the outstanding shares of SolarEdge Technologies have been sold short.Short Interest Ratio / Days to CoverSolarEdge Technologies has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SolarEdge Technologies has recently decreased by 4.33%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldSolarEdge Technologies does not currently pay a dividend.Dividend GrowthSolarEdge Technologies does not have a long track record of dividend growth. Previous Next 3.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSolarEdge Technologies has received a 50.35% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Electrochemical energy storages", "Power optimizers for solar panels", and "Voltage converters for solar panels" products. See details.Environmental SustainabilityThe Environmental Impact score for SolarEdge Technologies is -0.83. Previous Next 2.4 News and Social Media Coverage News SentimentSolarEdge Technologies has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for SolarEdge Technologies this week, compared to 6 articles on an average week.Search InterestOnly 19 people have searched for SEDG on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added SolarEdge Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -55% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SolarEdge Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,521,675.00 in company stock.Percentage Held by InsidersOnly 1.17% of the stock of SolarEdge Technologies is held by insiders.Percentage Held by Institutions80.01% of the stock of SolarEdge Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for SolarEdge Technologies are expected to grow by 24.88% in the coming year, from $8.56 to $10.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SolarEdge Technologies is 85.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.81.Price to Earnings Ratio vs. SectorThe P/E ratio of SolarEdge Technologies is 85.61, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 49.01.Price to Earnings Growth RatioSolarEdge Technologies has a PEG Ratio of 1.02. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioSolarEdge Technologies has a P/B Ratio of 6.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About SolarEdge Technologies (NASDAQ:SEDG) StockSolarEdge Technologies, Inc. engages in the development of energy technology, which provides inverter solutions. The firm operates through the following segments: Solar and All Other. The Solar segment includes the design, development, manufacturing, and sales of an inverter solution designed to maximize power generation. The All Other segment includes the design, development, manufacturing and sales of UPS products, energy storage products, e-Mobility products, and automated machines. Its products and services include photovoltaic inverters, power optimizers, photovoltaic monitoring, software tools, and electric vehicle chargers. The company was founded by Guy Sella, Lior Handelsman, Yoav Galin, Meir Adest, and Amir Fishelov in 2006 and is headquartered in Herzliya, Israel.Read More 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. Email Address SEDG Stock News HeadlinesMay 16, 2023 | marketbeat.comFirst Solar Rises to a 15-Year High on Sunny Takeover Deal (SEDG)First Solar is shining again, trading at its highest level since 2008 thanks to an astute buyout and positive regulatory news.May 26, 2023 | americanbankingnews.comBarclays Lowers SolarEdge Technologies (NASDAQ:SEDG) Price Target to $390.00June 4, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 25, 2023 | finance.yahoo.comDoes The Market Have A Low Tolerance For SolarEdge Technologies, Inc.'s (NASDAQ:SEDG) Mixed Fundamentals?May 24, 2023 | msn.comBarclays Maintains Solaredge Technologies (SEDG) Overweight RecommendationMay 22, 2023 | americanbankingnews.comSolarEdge Technologies (NASDAQ:SEDG) Coverage Initiated by Analysts at StockNews.comMay 22, 2023 | americanbankingnews.comBrokerages Set SolarEdge Technologies, Inc. (NASDAQ:SEDG) PT at $374.37May 20, 2023 | americanbankingnews.comSolarEdge Technologies, Inc. (NASDAQ:SEDG) to Post Q2 2023 Earnings of $2.14 Per Share, Northland Capmk ForecastsJune 4, 2023 | Behind the Markets (Ad)BREAKING: The truth about war with ChinaForeign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.May 18, 2023 | americanbankingnews.comContrasting SolarEdge Technologies (NASDAQ:SEDG) & United Microelectronics (NYSE:UMC)May 17, 2023 | finance.yahoo.comSolarEdge’s Annual Sustainability Report Published Today, Unveils: 50% of Fortune 100 Companies Have SolarEdge Technology on their RooftopsMay 17, 2023 | americanbankingnews.comSolarEdge Technologies, Inc. (NASDAQ:SEDG) Expected to Earn Q3 2024 Earnings of $2.80 Per ShareMay 15, 2023 | seekingalpha.comSolaredge Technologies (SEDG) Investor Presentation - SlideshowMay 12, 2023 | markets.businessinsider.comSolarEdge Technologies Stock (NASDAQ:SEDG) Looks Ready to Finally Break OutMay 11, 2023 | americanbankingnews.comInsider Selling: SolarEdge Technologies, Inc. (NASDAQ:SEDG) Insider Sells 2,500 Shares of StockMay 11, 2023 | americanbankingnews.comAnalyzing SolarEdge Technologies (NASDAQ:SEDG) and GLOBALFOUNDRIES (NASDAQ:GFS)May 10, 2023 | marketwatch.comSolarEdge Technologies Settles Intellectual Property Claim With AmptMay 9, 2023 | americanbankingnews.comReviewing SolarEdge Technologies (NASDAQ:SEDG) and Semiconductor Manufacturing International (OTCMKTS:SMICY)May 8, 2023 | americanbankingnews.comSolarEdge Technologies (NASDAQ:SEDG) Price Target Raised to $380.00May 8, 2023 | americanbankingnews.comSolarEdge Technologies (NASDAQ:SEDG) Lifted to "Hold" at StockNews.comMay 7, 2023 | seekingalpha.comSolarEdge: Strong Tailwinds And Close To Buy RangeMay 7, 2023 | americanbankingnews.comSolarEdge Technologies (NASDAQ:SEDG) Upgraded at Deutsche Bank AktiengesellschaftMay 6, 2023 | americanbankingnews.comSolarEdge Technologies (NASDAQ:SEDG) Upgraded to Hold at StockNews.comMay 6, 2023 | americanbankingnews.comBMO Capital Markets Raises SolarEdge Technologies (NASDAQ:SEDG) Price Target to $395.00May 5, 2023 | msn.comTruist Securities Maintains Solaredge Technologies (SEDG) Buy RecommendationMay 5, 2023 | msn.comSolarEdge (SEDG) Q1 Earnings Beat Estimates, Revenues Rise Y/YMay 5, 2023 | msn.comDeutsche Bank Upgrades Solaredge Technologies (SEDG)See More Headlines SEDG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SEDG Company Calendar Last Earnings5/03/2023Today6/04/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:SEDG CUSIPN/A CIK1419612 Webwww.solaredge.com Phone(729) 957-6620Fax972-9957-6591Employees4,926Year Founded2006Price Target and Rating Average Stock Price Forecast$374.26 High Stock Price Forecast$418.00 Low Stock Price Forecast$325.00 Forecasted Upside/Downside+28.6%Consensus RatingModerate Buy Rating Score (0-4)2.74 Research Coverage19 Analysts Profitability EPS (Most Recent Fiscal Year)$3.40 Trailing P/E Ratio85.61 Forward P/E Ratio34.00 P/E Growth1.03Net Income$93.78 million Net Margins5.86% Pretax Margin8.81% Return on Equity14.49% Return on Assets7.59% Debt Debt-to-Equity Ratio0.28 Current Ratio3.60 Quick Ratio2.63 Sales & Book Value Annual Sales$3.40 billion Price / Sales4.82 Cash Flow$6.91 per share Price / Cash Flow42.13 Book Value$41.72 per share Price / Book6.98Miscellaneous Outstanding Shares56,345,000Free Float55,686,000Market Cap$16.40 billion OptionableOptionable Beta1.42 Social Links Key ExecutivesZvi LandoChief Executive Officer & DirectorUri BechorChief Operating OfficerRonen FaierChief Financial OfficerYoav GalinVice President-Research & DevelopmentIlan YoscovichChief Technology OfficerKey CompetitorsFirst SolarNASDAQ:FSLREnphase EnergyNASDAQ:ENPHPembina PipelineNYSE:PBACoterra EnergyNYSE:CTRATarga ResourcesNYSE:TRGPView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 2,627 shares on 5/26/2023Ownership: 0.026%Toroso Investments LLCSold 147 shares on 5/23/2023Ownership: 0.027%Seaport Global Advisors LLCSold 312 shares on 5/23/2023Ownership: 0.001%Ameriprise Financial Inc.Bought 1,440 shares on 5/22/2023Ownership: 0.043%Geo Capital Gestora de Recursos LtdBought 1,761 shares on 5/19/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions SEDG Stock - Frequently Asked Questions Should I buy or sell SolarEdge Technologies stock right now? 19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SolarEdge Technologies in the last twelve months. There are currently 5 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SEDG shares. View SEDG analyst ratings or view top-rated stocks. What is SolarEdge Technologies' stock price forecast for 2023? 19 equities research analysts have issued 1 year target prices for SolarEdge Technologies' shares. Their SEDG share price forecasts range from $325.00 to $418.00. On average, they expect the company's stock price to reach $374.26 in the next twelve months. This suggests a possible upside of 28.6% 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 2023? SolarEdge Technologies' stock was trading at $283.27 at the beginning of the year. Since then, SEDG stock has increased by 2.8% and is now trading at $291.06. View the best growth stocks for 2023 here. When is SolarEdge Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our SEDG earnings forecast. How were SolarEdge Technologies' earnings last quarter? SolarEdge Technologies, Inc. (NASDAQ:SEDG) announced its quarterly earnings data on Wednesday, May, 3rd. The semiconductor company reported $2.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.51 by $0.85. The semiconductor company had revenue of $943.89 million for the quarter, compared to analysts' expectations of $929.37 million. SolarEdge Technologies had a trailing twelve-month return on equity of 14.49% and a net margin of 5.86%. What ETFs hold SolarEdge Technologies' stock? ETFs with the largest weight of SolarEdge Technologies (NASDAQ:SEDG) stock in their portfolio include Invesco Solar ETF (TAN), VanEck Israel ETF (ISRA), iShares Global Clean Energy ETF (ICLN), Virtus Duff & Phelps Clean Energy ETF (VCLN), BlueStar Israel Technology ETF (ITEQ), Global X Clean Tech ETF (CTEC), Global X Solar ETF (RAYS) and Subversive Decarbonization ETF (DKRB). What guidance has SolarEdge Technologies issued on next quarter's earnings? SolarEdge Technologies updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $970.00M-$1.01 billion, compared to the consensus revenue estimate of $986.37 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? (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 served as the underwriters for the IPO and Needham, Canaccord Genuity and Roth Capital Partners were co-managers. What is SolarEdge Technologies' stock symbol? SolarEdge Technologies trades on the NASDAQ under the ticker symbol "SEDG." Who are SolarEdge Technologies' major shareholders? SolarEdge Technologies' stock is owned by a number of retail and institutional investors. Top institutional investors include Pictet Asset Management SA (2.19%), Geode Capital Management LLC (1.73%), Baillie Gifford & Co. (1.65%), Susquehanna International Group LLP (0.00%), Harel Insurance Investments & Financial Services Ltd. (1.25%) and Clearbridge Investments LLC (1.20%). Insiders that own company stock include Doron Inbar, Lior Handelsman, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is SolarEdge Technologies' stock price today? One share of SEDG stock can currently be purchased for approximately $291.06. How much money does SolarEdge Technologies make? SolarEdge Technologies (NASDAQ:SEDG) has a market capitalization of $16.40 billion and generates $3.40 billion in revenue each year. The semiconductor company earns $93.78 million in net income (profit) each year or $3.40 on an earnings per share basis. How many employees does SolarEdge Technologies have? The company employs 4,926 workers across the globe. 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 How can I contact SolarEdge Technologies? SolarEdge Technologies' mailing address is 1 HAMADA STREET POB 12001, HERZILIYA PITUACH L3, 4673335. The official website for the company is www.solaredge.com. The semiconductor company can be reached via phone at (729) 957-6620, via email at investors@solaredge.com, or via fax at 972-9957-6591. This page (NASDAQ:SEDG) was last updated on 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SolarEdge Technologies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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