SolarEdge Technologies - SEDG Stock Forecast, Price & News

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SolarEdge Technologies in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SEDG shares.
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23 Wall Street research analysts have issued twelve-month target prices for SolarEdge Technologies' stock. Their SEDG share price forecasts range from $184.00 to $490.00. On average, they predict the company's share price to reach $360.29 in the next twelve months. This suggests a possible upside of 39.2% from the stock's current price.
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SolarEdge Technologies' stock was trading at $280.57 at the beginning of the year. Since then, SEDG stock has decreased by 7.8% and is now trading at $258.80.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
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SolarEdge Technologies, Inc. (NASDAQ:SEDG) posted its quarterly earnings results on Tuesday, August, 2nd. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.86 by $0.53. The semiconductor company earned $727.77 million during the quarter, compared to the consensus estimate of $725.75 million. SolarEdge Technologies had a trailing twelve-month return on equity of 8.56% and a net margin of 5.78%.

SolarEdge Technologies updated its third quarter 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $810.00 million-$840.00 million, compared to the consensus revenue estimate of $813.27 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 a number of institutional and retail investors. Top institutional shareholders include Pictet Asset Management SA (3.15%), William Blair Investment Management LLC (1.68%), Harel Insurance Investments & Financial Services Ltd. (1.41%), Clearbridge Investments LLC (1.13%), Amundi (0.92%) and Sumitomo Mitsui Trust Holdings Inc. (0.85%). 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.
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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.
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One share of SEDG stock can currently be purchased for approximately $258.80.

SolarEdge Technologies (NASDAQ:SEDG) has a market capitalization of $14.33 billion and generates $1.96 billion in revenue each year. The semiconductor company earns $169.17 million in net income (profit) each year or $2.56 on an earnings per share basis.

The company employs 3,964 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.