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

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

Solaredge Technologies Inc (NASDAQ:SEDG) issued its earnings results on Wednesday, November, 6th. The semiconductor company reported $1.21 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.99 by $0.22. The semiconductor company earned $410.56 million during the quarter, compared to analyst estimates of $402.89 million. Solaredge Technologies had a return on equity of 15.89% and a net margin of 8.39%. The firm's quarterly revenue was up 73.5% on a year-over-year basis. During the same quarter last year, the business posted $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 12 month target prices for Solaredge Technologies' shares. Their forecasts range from $52.00 to $120.00. On average, they anticipate Solaredge Technologies' stock price to reach $93.33 in the next year. This suggests that the stock has a possible downside of 17.3%. 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 coverage about SEDG stock has trended negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Solaredge Technologies earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave media headlines about the semiconductor company a news buzz of 0.0 out of 10, meaning 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 during 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 company's stock are short sold. 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), Advantest (ATEYY), ASE Technology (ASX), Semiconductor Manufacturing International (SMICY), ON Semiconductor (ON), 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 $16.00-$18.00 per share. Goldman Sachs and Deutsche Bank Securities acted as the underwriters for the IPO and Needham, Canaccord Genuity and Roth Capital Partners were co-managers.

Solaredge Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include Harel Insurance Investments & Financial Services Ltd. (2.55%), KAMES CAPITAL plc (1.04%), Zurcher Kantonalbank Zurich Cantonalbank (0.64%), Ayalon Holdings Ltd. (0.05%), Cascade Investment Advisors Inc. (0.04%) and Janney Montgomery Scott LLC (0.03%). 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 purchased by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd., 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 $112.79.

Solaredge Technologies has a market capitalization of $5.48 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]