NASDAQ:SEDG

SolarEdge Technologies Stock Forecast, Price & News

$301.12

+2.81 (+0.94 %)

(As of 03/1/2021 10:38 AM ET)

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Today's Range

$298.11

Now: $301.12▼

$306.50

50-Day Range

$282.26

MA: $314.88▼

$356.11

52-Week Range

$67.02

Now: $301.12▼

$377.00

Volume12,947 shs

Average Volume1.30 million shs

Market Capitalization$15.53 billion

P/E Ratio88.05

Dividend YieldN/A

Beta0.98

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide. Its SolarEdge system consists of inverters, power optimizers, communication devices, smart energy management solutions, and a cloud-based monitoring platform. The company's products are used in a range of solar market segments, such as residential, commercial, and small utility-scale solar installations. It also provides pre-sales support, ongoing trainings, and technical support and after installation services; and lithium-ion cells, batteries, and energy storage solutions for various industries, including energy storage systems, residential and commercial solar systems, uninterruptible power supplies, electric vehicles, aerospace, marine, and others. The company sells its products to the providers of solar PV systems; and solar installers and distributors, electrical equipment wholesalers, and PV module manufacturers, as well as engineering, procurement, and construction firms. SolarEdge Technologies, Inc. partnership with Schneider Electric to develop the residential solar market and provide homeowners with seamless energy management for smart homes of the future. SolarEdge Technologies, Inc. was founded in 2006 and is headquartered in Herzliya, Israel.

Headlines

The Sun Shines Bright on SolarEdge Technologies
February 17, 2021 | marketbeat.com

If You Like SolarEdge, Check Out These 3 Companies
February 22, 2021 | msn.com

Why Shares of SolarEdge Technologies Plunged 10.3% Today
February 22, 2021 | finance.yahoo.com

SolarEdge Technologies EPS beats by $0.10, beats on revenue
February 17, 2021 | seekingalpha.com

P/E Ratio Insights for SolarEdge Technologies
February 17, 2021 | finance.yahoo.com

SolarEdge Technologies, Inc. to Host Earnings Call
February 16, 2021 | finance.yahoo.com

SolarEdge Announces Fourth Quarter and Full Year 2020 Financial Results
February 16, 2021 | finance.yahoo.com

SolarEdge Fourth-Quarter Earnings Beat Estimates, As Does Outlook
February 16, 2021 | finance.yahoo.com

SolarEdge e-Mobility to Supply Electrical Powertrain and Battery Solution for Fiat E-Ducato
February 16, 2021 | finance.yahoo.com

SolarEdge (SEDG) to Report Q4 Earnings: What's in the Cards?
February 11, 2021 | finance.yahoo.com

SolarEdge to Announce Financial Results for the Fourth Quarter and Year Ended December 31, 2020 on Tuesday, February 16, 2021
January 22, 2021 | businesswire.com

SolarEdge Leads Sector Up on Biden Climate-Change Orders
January 21, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustryN/A

SectorOils/Energy

Current SymbolNASDAQ:SEDG

Previous Symbol

CUSIPN/A

CIK1419612

Webwww.solaredge.com

Phone972-9957-6620

Employees2,431

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.55

Current Ratio4.56

Quick Ratio3.79

Price-To-Earnings

Trailing P/E Ratio88.05

Forward P/E Ratio105.29

P/E Growth3.4

Sales & Book Value

Annual Sales$1.43 billion

Price / Sales10.89

Cash Flow$3.21 per share

Price / Cash Flow93.95

Book Value$16.70 per share

Price / Book18.03

Profitability

EPS (Most Recent Fiscal Year)$2.90

Net Income$146.55 million

Net Margins11.55%

Return on Equity19.31%

Return on Assets10.18%

Miscellaneous

Outstanding Shares51,582,000

Market Cap$15.53 billion

Next Earnings Date5/5/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.71 out of 5 stars

Oils/Energy Sector

77th out of 668 stocks

Semiconductors & Related Devices Industry

35th out of 147 stocks

2.1 Analyst's Opinion

Consensus Rating
SolarEdge Technologies has received a consensus rating of Hold. The company's average rating score is 2.24, and is based on 6 buy ratings, 9 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $294.00, SolarEdge Technologies has a forecasted downside of 3.9% from its current price of $306.00.
Amount of Analyst Coverage
SolarEdge Technologies has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
SolarEdge Technologies has received 562 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
SolarEdge Technologies has received 420 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
SolarEdge Technologies has received 57.23% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about SolarEdge Technologies and other stocks. Vote “Outperform” if you believe SEDG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SEDG will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
SolarEdge Technologies does not currently pay a dividend.
Dividend Growth
SolarEdge Technologies does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In 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 $1,715,530.00 in company stock.
Percentage Held by Insiders
Only 2.90% of the stock of SolarEdge Technologies is held by insiders.
Percentage Held by Institutions
77.52% of the stock of SolarEdge Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for SolarEdge Technologies are expected to grow by 15.03% in the coming year, from $2.86 to $3.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SolarEdge Technologies is 89.47, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 32.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of SolarEdge Technologies is 89.47, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 25.17.
Price to Earnings Growth Ratio
SolarEdge Technologies has a PEG Ratio of 3.40. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
SolarEdge Technologies has a P/B Ratio of 18.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$301.12

+2.81 (+0.94 %)

(As of 03/1/2021 10:38 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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SolarEdge Technologies (NASDAQ:SEDG) Frequently Asked Questions

Is SolarEdge Technologies a buy right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SolarEdge Technologies in the last twelve months. There are currently 2 sell ratings, 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SolarEdge Technologies stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SEDG, but not buy additional shares or sell existing shares.
View analyst ratings for SolarEdge Technologies or view top-rated stocks.

What stocks does MarketBeat like better than SolarEdge Technologies?

Wall Street analysts have given SolarEdge Technologies a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but SolarEdge Technologies wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is SolarEdge Technologies' next earnings date?

SolarEdge Technologies is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for SolarEdge Technologies.

How were SolarEdge Technologies' earnings last quarter?

SolarEdge Technologies, Inc. (NASDAQ:SEDG) posted its quarterly earnings data on Tuesday, February, 16th. The semiconductor company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.56 by $0.23. SolarEdge Technologies had a net margin of 11.55% and a trailing twelve-month return on equity of 19.31%.
View SolarEdge Technologies' earnings history.

How has SolarEdge Technologies' stock been impacted by Coronavirus?

SolarEdge Technologies' stock was trading at $106.11 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SEDG stock has increased by 183.1% and is now trading at $300.38.
View which stocks have been most impacted by COVID-19.

What guidance has SolarEdge Technologies issued on next quarter's earnings?

SolarEdge Technologies issued an update on its first quarter 2021 After-Hours earnings guidance on Tuesday, February, 16th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $385-405 million, compared to the consensus revenue estimate of $377.91 million.

What price target have analysts set for SEDG?

17 brokerages have issued 12-month price objectives for SolarEdge Technologies' shares. Their forecasts range from $126.00 to $435.00. On average, they anticipate SolarEdge Technologies' share price to reach $294.00 in the next twelve months. This suggests that the stock has a possible downside of 2.1%.
View analysts' price targets for SolarEdge Technologies or view top-rated stocks among Wall Street analysts.

Who are SolarEdge Technologies' key executives?

SolarEdge Technologies' management team includes the following people:

Mr. Zvi Lando, CEO & Director (Age 56, Pay $982.73k)
Mr. Yoav Galin, VP of R&D and Founder (Age 47, Pay $717.96k)
Mr. Ronen Faier CPA, Chief Financial Officer (Age 50, Pay $789.9k)
Mr. Uri Bechor, Chief Operating Officer
Ms. Rachel Prishkolnik, VP, Gen. Counsel & Corp. Sec. (Age 53)
Mr. Lior Handelsman, Co-Founder and Advisor to the CEO for Strategic Initiatives & Projects (Age 46)
Mr. Meir Adest, Founder and Chief Product & Information Officer (Age 45)
Mr. Amir Fishelov, Founder & Chief Software Architect
Mr. Ilan Yoscovich, Chief Technology Officer (Age 48)
Mr. Yogev Barak, Chief Marketing Officer

What is Zvi Lando's approval rating as SolarEdge Technologies' CEO?

15 employees have rated SolarEdge Technologies CEO Zvi Lando on Glassdoor.com. Zvi Lando has an approval rating of 89% among SolarEdge Technologies' employees.

Who are some of SolarEdge Technologies' key competitors?

Some companies that are related to SolarEdge Technologies include Analog Devices (ADI), Infineon Technologies (IFNNY), NXP Semiconductors (NXPI), Microchip Technology (MCHP), STMicroelectronics (STM), Marvell Technology Group (MRVL), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Kyocera (KYOCY), United Microelectronics (UMC), Enphase Energy (ENPH), Qorvo (QRVO), Advantest (ATEYY) and Monolithic Power Systems (MPWR).
View all of SEDG's competitors.

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.com (CRM), Advanced Micro Devices (AMD), The Walt Disney (DIS), Square (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 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.

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (11.71%), FMR LLC (5.81%), Swedbank (5.35%), Harel Insurance Investments & Financial Services Ltd. (1.62%), William Blair Investment Management LLC (1.62%) and Clearbridge Investments LLC (1.20%). 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.

Which institutional investors are selling SolarEdge Technologies stock?

SEDG stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, NN Investment Partners Holdings N.V., Swedbank, Dimensional Fund Advisors LP, Psagot Investment House Ltd., Van ECK Associates Corp, William Blair Investment Management LLC, and Menora Mivtachim Holdings LTD.. 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 or view top insider-selling stocks.

Which institutional investors are buying SolarEdge Technologies stock?

SEDG stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, Sumitomo Mitsui Trust Holdings Inc., FMR LLC, JBF Capital Inc., National Pension Service, Morgan Stanley, and Vontobel Holding Ltd..
View insider buying and selling activity for SolarEdge Technologies or or view top insider-buying stocks.

How do I buy shares of 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 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 $300.38.

How much money does SolarEdge Technologies make?

SolarEdge Technologies has a market capitalization of $15.49 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.

How many employees does SolarEdge Technologies have?

SolarEdge Technologies employs 2,431 workers across the globe.

What is SolarEdge Technologies' official website?

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

Where are SolarEdge Technologies' headquarters?

SolarEdge Technologies is headquartered at 1 HAMADA STREET POB 12001, HERZILIYA PITUACH L3, 4673335.

How can I contact SolarEdge Technologies?

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]

This page was last updated on 3/1/2021 by MarketBeat.com Staff

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