SolarEdge Technologies - SEDG Stock Forecast, Price & News

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SolarEdge Technologies in the last year. There are currently 7 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SEDG shares.
View SEDG analyst ratings or view top-rated stocks.

19 analysts have issued 12 month price targets for SolarEdge Technologies' stock. Their SEDG share price forecasts range from $300.00 to $490.00. On average, they expect the company's stock price to reach $371.05 in the next year. This suggests a possible upside of 25.3% from the stock's current price.
View analysts price targets for SEDG or view top-rated stocks among Wall Street analysts.

SolarEdge Technologies' stock was trading at $283.27 on January 1st, 2023. Since then, SEDG shares have increased by 4.5% and is now trading at $296.03.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our SEDG earnings forecast.

SolarEdge Technologies, Inc. (NASDAQ:SEDG) announced its quarterly earnings data on Monday, February, 13th. The semiconductor company reported $2.86 EPS for the quarter, topping the consensus estimate of $1.58 by $1.28. The semiconductor company earned $890.70 million during the quarter, compared to the consensus estimate of $879.06 million. SolarEdge Technologies had a net margin of 3.02% and a trailing twelve-month return on equity of 10.04%. The firm's quarterly revenue was up 61.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.60 EPS.

ETFs with the largest weight of SolarEdge Technologies (NASDAQ:SEDG) stock in their portfolio include Invesco Solar ETF (TAN), VanEck Israel ETF (ISRA), BlueStar Israel Technology ETF (ITEQ), iShares Global Clean Energy ETF (ICLN), Virtus Duff & Phelps Clean Energy ETF (VCLN), Global X Clean Tech ETF (CTEC), Global X Solar ETF (RAYS) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN).

SolarEdge Technologies updated its first quarter 2023 earnings guidance on Tuesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $915.00 million-$945.00 million, compared to the consensus revenue estimate of $918.50 million.

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.

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).

(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.

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

SolarEdge Technologies' stock is owned by many different retail and institutional investors. Top institutional shareholders include Geode Capital Management LLC (1.72%), Senvest Management LLC (1.36%), Harel Insurance Investments & Financial Services Ltd. (1.24%), William Blair Investment Management LLC (1.18%), Clearbridge Investments LLC (1.12%) and Susquehanna International Group LLP (0.00%). 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.

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.

One share of SEDG stock can currently be purchased for approximately $296.03.

SolarEdge Technologies (NASDAQ:SEDG) has a market capitalization of $16.62 billion and generates $3.11 billion in revenue each year. The semiconductor company earns $93.78 million in net income (profit) each year or $1.65 on an earnings per share basis.

The company employs 4,926 workers across the globe.

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.