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) released its quarterly earnings results on Wednesday, May, 9th. The semiconductor company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.80 by $0.07. The semiconductor company had revenue of $209.90 million for the quarter, compared to analyst estimates of $204.38 million. Solaredge Technologies had a net margin of 15.06% and a return on equity of 32.27%. The company's quarterly revenue was up 82.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.36 earnings per share. View Solaredge Technologies' Earnings History.

14 analysts have issued 12-month target prices for Solaredge Technologies' shares. Their predictions range from $25.00 to $70.00. On average, they expect Solaredge Technologies' share 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 during the month of 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 short-interest ratio is presently 3.5 days. Currently, 16.6% of the shares of the company are sold short. View Solaredge Technologies' Current Options Chain.

Some companies that are related to Solaredge Technologies include ASE INDL HLDG C/S (ASX), 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) and AU Optronics (AUO).

(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.

News coverage about SEDG stock has been trending somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Solaredge Technologies earned a media sentiment score of 0.07 on Accern's scale. They also assigned media coverage about the semiconductor company an impact score of 47.13 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Solaredge Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders 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 bought 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 $2.41 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]