NASDAQ:SEDG - Solaredge Technologies Stock Price, Forecast & News

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

Solaredge Technologies Inc (NASDAQ:SEDG) released its quarterly earnings data on Wednesday, November, 6th. The semiconductor company reported $1.21 EPS for the quarter, topping the consensus estimate of $0.99 by $0.22. The semiconductor company had revenue of $410.56 million for the quarter, compared to analyst estimates of $402.89 million. Solaredge Technologies had a net margin of 8.39% and a return on equity of 15.89%. The business's revenue for the quarter was up 73.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.86 EPS. View Solaredge Technologies' Earnings History.

Solaredge Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Solaredge Technologies.

12 analysts have issued twelve-month price targets for Solaredge Technologies' stock. Their forecasts range from $52.00 to $120.00. On average, they expect Solaredge Technologies' share price to reach $93.33 in the next twelve months. This suggests that the stock has a possible downside of 14.7%. View Analyst Price Targets for Solaredge Technologies.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Solaredge Technologies in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Solaredge Technologies.

News headlines about SEDG stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Solaredge Technologies earned a daily sentiment score of 1.8 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Solaredge Technologies.

Solaredge Technologies saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 5,930,000 shares, a decrease of 15.2% from the December 15th total of 6,990,000 shares. Based on an average trading volume of 1,400,000 shares, the days-to-cover ratio is presently 4.2 days. Approximately 12.8% of the shares of the company are sold short. View Solaredge Technologies' Current Options Chain.

Some companies that are related to Solaredge Technologies include Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Qorvo (QRVO), ASE Technology (ASX), Advantest (ATEYY), ON Semiconductor (ON), Semiconductor Manufacturing International (SMICY), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), IPG Photonics (IPGP), Mellanox Technologies (MLNX), United Microelectronics (UMC), Cree (CREE), First Solar (FSLR) and Silicon Laboratories (SLAB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Solaredge Technologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Micron Technology (MU), Advanced Micro Devices (AMD), Enphase Energy (ENPH), Paypal (PYPL), salesforce.com (CRM), Netflix (NFLX) and AT&T (T).

(SEDG) raised $119 million in an IPO 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.

Solaredge Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include KAMES CAPITAL plc (1.04%), Zurcher Kantonalbank Zurich Cantonalbank (0.64%), Ayalon Holdings Ltd. (0.05%), Cascade Investment Advisors Inc. (0.04%), Janney Montgomery Scott LLC (0.03%) and Louisiana State Employees Retirement System (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 State of Alaska Department of Revenue, KAMES CAPITAL plc, Louisiana State Employees Retirement System, Cascade Investment Advisors Inc., Ayalon Holdings Ltd. and KCS Wealth Advisory. Company insiders that have sold Solaredge Technologies company stock in the last year include Doron Inbar, Lior Handelsman, More Avery, Rachel Prishkolnik, Ronen Faier, Yoav Galin and Zvi Lando. View Insider Buying and Selling for Solaredge Technologies.

SEDG stock was bought by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank, Janney Montgomery Scott LLC, Commerzbank Aktiengesellschaft FI, Mission Wealth Management LP, Huntington National Bank and Vigilant Capital Management LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of SEDG stock can currently be purchased for approximately $109.37.

Solaredge Technologies has a market capitalization of $5.32 billion and generates $937.24 million in revenue each year. The semiconductor company earns $128.83 million in net income (profit) each year or $2.69 on an earnings per share basis. Solaredge Technologies employs 1,737 workers across the globe.View Additional Information About Solaredge Technologies.

The official website for Solaredge Technologies is http://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]