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

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

Solaredge Technologies Inc (NASDAQ:SEDG) posted its quarterly earnings data on Wednesday, November, 6th. The semiconductor company reported $1.21 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.99 by $0.22. The semiconductor company had revenue of $410.56 million for the quarter, compared to analysts' expectations of $402.89 million. Solaredge Technologies had a net margin of 8.39% and a return on equity of 15.89%. The business's quarterly revenue was up 73.5% on a year-over-year basis. During the same quarter last year, the company 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.

Solaredge Technologies will be holding an earnings conference call on Wednesday, February 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

12 brokers have issued twelve-month price objectives for Solaredge Technologies' stock. Their forecasts range from $52.00 to $120.00. On average, they expect Solaredge Technologies' share price to reach $93.33 in the next year. This suggests that the stock has a possible downside of 13.9%. 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 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Solaredge Technologies.

Media headlines about SEDG stock have trended extremely negative recently, according to InfoTrie. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Solaredge Technologies earned a coverage optimism score of -4.0 on InfoTrie's scale. They also gave news stories about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Solaredge Technologies.

Solaredge Technologies saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 5,930,000 shares, a drop of 15.2% from the December 31st total of 6,990,000 shares. Based on an average trading volume of 1,400,000 shares, the days-to-cover ratio is currently 4.2 days. Approximately 12.8% of the company's shares are short sold. View Solaredge Technologies' Current Options Chain.

Some companies that are related to Solaredge Technologies include Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Qorvo (QRVO), ASE Technology (ASX), Advantest (ATEYY), Semiconductor Manufacturing International (SMICY), ON Semiconductor (ON), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), IPG Photonics (IPGP), Mellanox Technologies (MLNX), United Microelectronics (UMC), First Solar (FSLR) and Cree (CREE).

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), Enphase Energy (ENPH), Advanced Micro Devices (AMD), Paypal (PYPL), salesforce.com (CRM), Netflix (NFLX) and Tesla (TSLA).

(SEDG) raised $119 million in an initial public offering 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' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (4.12%), Ion Asset Management Ltd. (3.30%), Migdal Insurance & Financial Holdings Ltd. (2.76%), Harel Insurance Investments & Financial Services Ltd. (2.55%), Psagot Investment House Ltd. (2.28%) and Menora Mivtachim Holdings LTD. (1.78%). 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 Renaissance Technologies LLC, Principal Financial Group Inc., Menora Mivtachim Holdings LTD., Penserra Capital Management LLC, Artisan Partners Limited Partnership, Public Sector Pension Investment Board, Cubist Systematic Strategies LLC and Noked Israel Ltd. Company insiders that have sold Solaredge Technologies company stock in the last year include Doron Inbar, 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 FMR LLC, Senvest Management LLC, Bank of America Corp DE, Goldman Sachs Group Inc., Clark Capital Management Group Inc., Ion Asset Management Ltd., Psagot Investment House Ltd. and Migdal Insurance & Financial Holdings Ltd.. 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 $108.38.

Solaredge Technologies has a market capitalization of $5.27 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]