SolarEdge Technologies Company Profile (NASDAQ:SEDG)

About SolarEdge Technologies (NASDAQ:SEDG)

SolarEdge Technologies logoSolarEdge Technologies, Inc. offers an inverter solution for a solar photovoltaic (PV) system. The Company's products include SolarEdge Power Optimizer, SolarEdge Inverter, StorEdge Solutions and SolarEdge Monitoring Software. Its product roadmap consists of categories, including power optimizers, inverters, monitoring services, energy storage and smart energy management. The Company's power optimizers provide module-level maximum power point (MPP) tracking and real-time adjustments of current and voltage to the optimal working point of each individual PV module. The Company's solution consists of a direct current (DC) power optimizer, an inverter and a cloud-based monitoring platform that operates as a single integrated system.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Photovoltaic Solar Systems & Equipment
  • Sub-Industry: N/A
  • Symbol: NASDAQ:SEDG
  • CUSIP: N/A
  • Web:
  • Market Cap: $930.81 million
  • Outstanding Shares: 41,554,000
Average Prices:
  • 50 Day Moving Avg: $20.42
  • 200 Day Moving Avg: $16.49
  • 52 Week Range: $11.35 - $22.90
  • Trailing P/E Ratio: 22.56
  • Foreward P/E Ratio: 17.20
  • P/E Growth: -1.78
Sales & Book Value:
  • Annual Revenue: $469.84 million
  • Price / Sales: 2.01
  • Book Value: $7.40 per share
  • Price / Book: 3.07
  • EBIDTA: $65.08 million
  • Net Margins: 11.85%
  • Return on Equity: 21.03%
  • Return on Assets: 13.91%
  • Debt-to-Equity Ratio: 0.01%
  • Current Ratio: 4.70%
  • Quick Ratio: 3.93%
  • Average Volume: 902,256 shs.
  • Beta: -0.03
  • Short Ratio: 6.81
Frequently Asked Questions for SolarEdge Technologies (NASDAQ:SEDG)

What is SolarEdge Technologies' stock symbol?

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

How were SolarEdge Technologies' earnings last quarter?

SolarEdge Technologies, Inc. (NASDAQ:SEDG) issued its quarterly earnings results on Tuesday, May, 9th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.23 by $0.09. The company had revenue of $115.10 million for the quarter, compared to analyst estimates of $114.10 million. SolarEdge Technologies had a net margin of 11.85% and a return on equity of 21.03%. The business's revenue for the quarter was down 8.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.51 earnings per share. View SolarEdge Technologies' Earnings History.

Where is SolarEdge Technologies' stock going? Where will SolarEdge Technologies' stock price be in 2017?

14 equities research analysts have issued 12-month price targets for SolarEdge Technologies' stock. Their forecasts range from $7.00 to $31.00. On average, they expect SolarEdge Technologies' stock price to reach $20.23 in the next year. View Analyst Ratings for SolarEdge Technologies.

What are analysts saying about SolarEdge Technologies stock?

Here are some recent quotes from research analysts about SolarEdge Technologies stock:

  • 1. According to Zacks Investment Research, "SolarEdge Technologies, Inc. provides inverter solution. The company's SolarEdge system offers power optimizers, inverters and a cloud-based monitoring platform. It serves residential solar installations to commercial and small utility-scale solar installations. SolarEdge Technologies, Inc. is headquartered in Hod Hasharon, Israel. " (7/20/2017)
  • 2. FBR & Co analysts commented, "In-line results, solid guidance in a tough market. Yesterday, SEDG delivered C4Q16 results that highlight challenges in its core U.S. residential solar market. C4Q16 revenues of $111.5M were just above the low end of guidance ($110M'$120M), but gross margin of 35.0% exceeded guidance (30%'32%), even after subtracting 200 bps for one-time items. Revenue can mostly be attributed to softness in the U.S. residential market, with muted growth in 2017. However, SEDG indicated strong growth in its U.S. commercial business. C1Q17 revenue guidance of $110M' $120M with 31%'33% gross margin indicates SEDG still prioritizes profitable growth over market share. Management still believes it is gaining market share in every geography in which it operates and expects continued gains, albeit with 35%' 40% U.S. residential share, at a more muted pace than past years. The company's strong financial position permits aggressive investment in product development, geographic expansion, and potential lateral M&A, but we remain on the sidelines until we see evidence of a pickup in the U.S. market or significant international expansion." (2/15/2017)

Are investors shorting SolarEdge Technologies?

SolarEdge Technologies saw a increase in short interest in the month of July. As of July 14th, there was short interest totalling 5,888,450 shares, an increase of 26.1% from the June 30th total of 4,669,238 shares. Based on an average daily volume of 1,687,499 shares, the short-interest ratio is presently 3.5 days. Currently, 17.3% of the company's stock are short sold.

Who are some of SolarEdge Technologies' key competitors?

Who are SolarEdge Technologies' key executives?

SolarEdge Technologies' management team includes the folowing people:

  • Guy Sella, Chairman of the Board, Chief Executive Officer
  • Ronen Faier, Chief Financial Officer
  • Rachel Prishkolnik, Vice President - General Counsel, Corporate Secretary
  • Zvi Lando, Vice President, Global Sales
  • Lior Handelsman, Vice President - Marketing and Product Strategy
  • Meir Adest, Vice President - Core Technologies
  • Yoav Galin, Vice President - Research & Development
  • Dan Avida, Independent Director
  • Yoni Cheifetz, Independent Director
  • Marcel Gani, Independent Director

When did SolarEdge Technologies IPO?

(SEDG) raised $119 million in an initial public offering (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.

Who owns SolarEdge Technologies stock?

SolarEdge Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include NN Investment Partners Holdings N.V. (4.18%), INTEGRATED CORE STRATEGIES (US) LLC (3.00%), Shell Asset Management Co. (1.94%), Handelsbanken Fonder AB (0.43%), Cascade Investment Advisors Inc. (0.10%) and Fox Run Management L.L.C. (0.09%). Company insiders that own SolarEdge Technologies stock include Lior Handelsman, Meir Adest, More Avery, Rachel Prishkolnik, Ronen Faier, Yoav Galin and Zvi Lando. View Institutional Ownership Trends for SolarEdge Technologies.

Who bought SolarEdge Technologies stock? Who is buying SolarEdge Technologies stock?

SolarEdge Technologies' stock was purchased by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Shell Asset Management Co., Cascade Investment Advisors Inc., Fox Run Management L.L.C., Acadian Asset Management LLC and Handelsbanken Fonder AB. View Insider Buying and Selling for SolarEdge Technologies.

How do I buy SolarEdge Technologies stock?

Shares of SolarEdge Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is SolarEdge Technologies' stock price today?

One share of SolarEdge Technologies stock can currently be purchased for approximately $22.70.

MarketBeat Community Rating for SolarEdge Technologies (NASDAQ SEDG)
Community Ranking:  3.3 out of 5 (  )
Outperform Votes:  225 (Vote Outperform)
Underperform Votes:  113 (Vote Underperform)
Total Votes:  338
MarketBeat's community ratings are surveys of what our community members think about SolarEdge Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for SolarEdge Technologies (NASDAQ:SEDG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Sell Ratings, 2 Hold Ratings, 9 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $20.23 (10.88% downside)

Analysts' Ratings History for SolarEdge Technologies (NASDAQ:SEDG)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/18/2017CIBCUpgradeMarket Perform -> OutperformLowView Rating Details
7/18/2017Oppenheimer Holdings, Inc.UpgradeMarket Perform -> Outperform$25.00MediumView Rating Details
7/14/2017Cowen and CompanyReiterated RatingBuy$24.00LowView Rating Details
7/14/2017Needham & Company LLCBoost Price TargetBuy$22.00 -> $25.00LowView Rating Details
7/12/2017JMP SecuritiesBoost Price TargetMarket Outperform$22.00 -> $25.00MediumView Rating Details
6/14/2017Deutsche Bank AGSet Price TargetBuy$25.00MediumView Rating Details
6/9/2017Axiom SecuritiesReiterated RatingSellLowView Rating Details
5/13/2017FBR & CoSet Price TargetHold$18.00MediumView Rating Details
5/10/2017Roth CapitalSet Price TargetHold$16.00LowView Rating Details
2/10/2017Goldman Sachs Group, Inc. (The)Reiterated RatingSellN/AView Rating Details
11/22/2016Barclays PLCLower Price TargetOverweight$22.00 -> $17.00N/AView Rating Details
11/14/2016Craig HallumInitiated CoverageSell$7.00N/AView Rating Details
9/23/2016Canaccord GenuityReiterated RatingBuy$27.00N/AView Rating Details
8/3/2016J P Morgan Chase & CoSet Price TargetBuy$31.00N/AView Rating Details
2/4/2016Northland SecuritiesBoost Price Target$34.00 -> $37.00N/AView Rating Details
11/16/2015Avondale PartnersUpgradeConviction Buy ListN/AView Rating Details
(Data available from 7/26/2015 forward)


Earnings History for SolarEdge Technologies (NASDAQ:SEDG)
Earnings by Quarter for SolarEdge Technologies (NASDAQ:SEDG)
Earnings History by Quarter for SolarEdge Technologies (NASDAQ SEDG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/20173/31/2017$0.23$0.32$114.10 million$115.10 millionViewListenView Earnings Details
2/14/201712/31/2016$0.33$0.32$115.82 million$111.50 millionViewListenView Earnings Details
11/9/20169/30/2016$0.41$0.46$132.28 million$128.50 millionViewListenView Earnings Details
8/9/2016Q416$0.41$0.44$129.63 million$124.80 millionViewListenView Earnings Details
5/9/2016Q316$0.41$0.51$123.23 million$125.20 millionViewListenView Earnings Details
2/3/2016Q216$0.36$0.44$120.13 million$124.83 millionViewN/AView Earnings Details
11/4/2015Q116$0.30$0.36$110.09 million$115.10 millionViewListenView Earnings Details
8/12/2015Q415$0.22$0.31$95.15 million$98.40 millionViewListenView Earnings Details
5/7/2015Q3$0.08$0.20$73.71 million$86.40 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for SolarEdge Technologies (NASDAQ:SEDG)
2017 EPS Consensus Estimate: $1.33
2018 EPS Consensus Estimate: $1.58
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.35$0.41$0.38
Q2 20172$0.25$0.46$0.36
Q3 20172$0.28$0.47$0.38
Q4 20172$0.17$0.26$0.22
Q1 20181$0.47$0.47$0.47
Q2 20181$0.53$0.53$0.53
Q3 20181$0.37$0.37$0.37
Q4 20181$0.21$0.21$0.21
(Data provided by Zacks Investment Research)


Dividend History for SolarEdge Technologies (NASDAQ:SEDG)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for SolarEdge Technologies (NASDAQ:SEDG)
Insider Ownership Percentage: 16.40%
Institutional Ownership Percentage: 56.46%
Insider Trades by Quarter for SolarEdge Technologies (NASDAQ:SEDG)
Institutional Ownership by Quarter for SolarEdge Technologies (NASDAQ:SEDG)
Insider Trades by Quarter for SolarEdge Technologies (NASDAQ:SEDG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/18/2017Zvi LandoVPSell10,508$22.19$233,172.52View SEC Filing  
7/14/2017Zvi LandoVPSell1,300$22.02$28,626.00View SEC Filing  
7/11/2017Zvi LandoVPSell3,192$22.01$70,255.92View SEC Filing  
7/3/2017Meir AdestVPSell3,000$20.00$60,000.00View SEC Filing  
6/23/2017Lior HandelsmanVPSell5,000$21.44$107,200.00View SEC Filing  
6/22/2017Zvi LandoVPSell10,000$20.49$204,900.00View SEC Filing  
6/12/2017More AveryDirectorSell20,000$19.30$386,000.00View SEC Filing  
6/1/2017Lior HandelsmanVPSell1,018$18.46$18,792.28View SEC Filing  
3/27/2017Yoav GalinVPSell120,000$14.27$1,712,400.00View SEC Filing  
6/2/2016Yoav GalinVPSell1,626$21.37$34,747.62View SEC Filing  
6/1/2016Yoav GalinVPSell10,874$21.01$228,462.74View SEC Filing  
4/21/2016Meir AdestVPSell2,735$27.73$75,841.55View SEC Filing  
4/14/2016Meir AdestVPSell2,976$25.27$75,203.52View SEC Filing  
4/7/2016Meir AdestVPSell2,957$25.23$74,605.11View SEC Filing  
4/4/2016Yoav GalinVPSell5,089$25.49$129,718.61View SEC Filing  
4/1/2016Yoav GalinVPSell7,411$24.53$181,791.83View SEC Filing  
3/24/2016Meir AdestVPSell3,113$23.98$74,649.74View SEC Filing  
3/17/2016Meir AdestVPSell2,870$27.20$78,064.00View SEC Filing  
3/13/2016Meir AdestVPSell2,804$26.75$75,007.00View SEC Filing  
3/11/2016Ronen FaierCFOSell6,587$27.42$180,615.54View SEC Filing  
3/10/2016Ronen FaierCFOSell27,399$26.81$734,567.19View SEC Filing  
3/9/2016Rachel PrishkolnikVPSell15,000$26.80$402,000.00View SEC Filing  
3/9/2016Ronen FaierCFOSell16,014$26.76$428,534.64View SEC Filing  
3/3/2016Meir AdestVPSell2,675$27.74$74,204.50View SEC Filing  
2/22/2016Meir AdestVPSell14,120$26.07$368,108.40View SEC Filing  
2/11/2016Meir AdestVPSell3,195$23.09$73,772.55View SEC Filing  
2/9/2016Zvi LandoVPSell61,667$25.70$1,584,841.90View SEC Filing  
2/4/2016Meir AdestVPSell2,733$29.30$80,076.90View SEC Filing  
2/1/2016Yoav GalinVPSell12,500$28.54$356,750.00View SEC Filing  
1/6/2016Yoav GalinVPSell12,500$27.96$349,500.00View SEC Filing  
1/5/2016Rachel PrishkolnikVPSell10,000$30.00$300,000.00View SEC Filing  
12/31/2015Meir AdestVPSell2,619$28.17$73,777.23View SEC Filing  
12/30/2015Lior HandelsmanVPSell45,600$28.74$1,310,544.00View SEC Filing  
12/24/2015Lior HandelsmanVPSell4,975$28.00$139,300.00View SEC Filing  
12/23/2015Lior HandelsmanVPSell3,000$28.00$84,000.00View SEC Filing  
12/21/2015Lior HandelsmanVPSell6,425$28.04$180,157.00View SEC Filing  
12/16/2015Ronen FaierCFOSell19,700$23.75$467,875.00View SEC Filing  
12/14/2015Rachel PrishkolnikVPSell19,000$20.56$390,640.00View SEC Filing  
12/14/2015Ronen FaierCFOSell30,300$20.68$626,604.00View SEC Filing  
11/9/2015Lior HandelsmanVPSell83,333$18.86$1,571,660.38View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for SolarEdge Technologies (NASDAQ:SEDG)
Latest Headlines for SolarEdge Technologies (NASDAQ:SEDG)
DateHeadline logoSolarEdge Technologies, Inc. (SEDG) VP Zvi Lando Sells 10,508 Shares - July 24 at 4:20 PM logoEnphase Energy (ENPH) vs. SolarEdge Technologies (NASDAQ:SEDG) Head-To-Head Survey - July 22 at 10:14 PM logoCritical Review: JinkoSolar Holding Company Limited (JKS) versus SolarEdge Technologies (NASDAQ:SEDG) - July 21 at 4:36 PM logoSolarEdge to Announce Financial Results for the Second Quarter 2017 on Wednesday, August 2, 2017 - July 21 at 6:57 AM logoZacks: Analysts Expect SolarEdge Technologies, Inc. (SEDG) Will Announce Quarterly Sales of $125.68 Million - July 20 at 12:43 PM logoSolarEdge Technologies, Inc. to Post Q4 2017 Earnings of $0.26 Per Share, Oppenheimer Holdings Forecasts (NASDAQ:SEDG) - July 20 at 11:20 AM logoSolarEdge Technologies, Inc. (NASDAQ:SEDG) Raised to Strong-Buy at Zacks Investment Research - July 20 at 8:07 AM logoQ3 2017 EPS Estimates for SolarEdge Technologies, Inc. (SEDG) Lifted by Oppenheimer Holdings - July 19 at 10:22 AM logoSolarEdge Technologies, Inc. (NASDAQ:SEDG) Expected to Announce Earnings of $0.29 Per Share - July 18 at 3:11 PM logoSolarEdge Technologies, Inc. (SEDG) Upgraded at CIBC - July 18 at 2:20 PM logoSolarEdge Technologies, Inc. (NASDAQ:SEDG) Given Consensus Recommendation of "Hold" by Brokerages - July 17 at 6:40 PM logoZvi Lando Sells 1,300 Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) Stock - July 17 at 4:30 PM logoSolarEdge Technologies, Inc. (NASDAQ:SEDG) Given New $25.00 Price Target at Needham & Company LLC - July 15 at 10:16 PM logoSolarEdge Technologies, Inc. (NASDAQ:SEDG) Given "Buy" Rating at Cowen and Company - July 15 at 8:14 AM logoZvi Lando Sells 3,192 Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) Stock - July 13 at 5:06 PM logoSolarEdge Technologies, Inc. (SEDG) Lowered to "Hold" at Zacks Investment Research - July 12 at 6:34 PM logoSolarEdge Technologies, Inc. (NASDAQ:SEDG) PT Raised to $25.00 at JMP Securities - July 12 at 2:25 PM logoSolarEdge Launching First PV Inverter-Integrated Electric Vehicle Charger - Business Wire (press release) - July 12 at 7:50 AM logoSolarEdge Launching First PV Inverter-Integrated Electric Vehicle Charger - July 12 at 7:50 AM logoKnight Transportation, Core Laboratories Set to Join S&P MidCap 400; SolarEdge Technologies to Join S&P SmallCap ... - PR Newswire (press release) - July 8 at 2:20 PM logo12 Biggest Mid-Day Gainers For Friday - Benzinga - July 8 at 2:20 PM logoETFs with exposure to SolarEdge Technologies, Inc. : July 7, 2017 - July 8 at 2:20 PM logoPre-Open Movers 07/07: (DGLY) (SNCR) (CLB) Higher; (CHKE) (RSYS) (ADXS) Lower (more...) - July 7 at 10:47 AM logoBidaskClub Lowers SolarEdge Technologies, Inc. (SEDG) to Hold - July 6 at 7:50 PM logoSolarEdge Technologies, Inc. (NASDAQ:SEDG) VP Sells $60,000.00 in Stock - July 6 at 10:30 AM logoInsider Selling: SolarEdge Technologies, Inc. (SEDG) VP Sells 5,000 Shares of Stock - June 27 at 7:51 PM logoZvi Lando Sells 10,000 Shares of SolarEdge Technologies, Inc. (SEDG) Stock - June 27 at 1:20 PM logoETFs with exposure to SolarEdge Technologies, Inc. : June 26, 2017 - June 27 at 8:14 AM logo$125.68 Million in Sales Expected for SolarEdge Technologies, Inc. (SEDG) This Quarter - June 24 at 9:30 AM logoCanadian Solar Inc. (CSIQ) Shows Strength: Stock Adds 7.7% in Session - June 23 at 9:53 AM logoSunPower (SPWR) Shows Strength: Stock Moves 13.2% Higher - June 23 at 9:53 AM logoSolarEdge Technologies, Inc. :SEDG-US: Earnings Analysis: Q1, 2017 By the Numbers : June 23, 2017 - June 23 at 9:53 AM logoSunrun Enters Florida's Solar Market, Offers Rooftop Panels - June 22 at 12:55 PM logo Brokerages Anticipate SolarEdge Technologies, Inc. (SEDG) Will Announce Earnings of $0.29 Per Share - June 22 at 11:04 AM logoSolarEdge Technologies, Inc. (SEDG) Receives Consensus Recommendation of "Hold" from Analysts - June 20 at 7:02 PM logoVivint Solar (VSLR) Looks Good: Stock Adds 9.6% in Session - June 19 at 9:45 AM logoJinkoSolar Inks Cooperation Agreement with Quantum Power - June 16 at 4:07 PM logoSolarEdge Technologies, Inc. (SEDG) Given a $25.00 Price Target at Deutsche Bank AG - June 15 at 11:20 PM logoMore Avery Sells 20,000 Shares of SolarEdge Technologies, Inc. (SEDG) Stock - June 14 at 1:37 PM logoAxiom Securities Reaffirms "Sell" Rating for Solaredge Technologies Inc (SEDG) - June 9 at 11:26 PM logoSolaredge Technologies Inc (SEDG) VP Sells $18,792.28 in Stock - June 5 at 4:40 PM logoSolaredge Technologies Inc (SEDG) Lowered to "Hold" at ValuEngine - June 3 at 11:32 AM logo$125.78 Million in Sales Expected for Solaredge Technologies Inc (SEDG) This Quarter - May 31 at 2:52 PM logoHere's Why I Think Renewable Energy Is Finally Living Up To The Hype - May 30 at 7:26 PM logo Analysts Expect Solaredge Technologies Inc (SEDG) to Announce $0.29 Earnings Per Share - May 29 at 8:28 AM logoWill Solaredge Technologies (SEDG) Continue to Surge Higher? - May 27 at 8:06 PM logoSolaredge Technologies Inc (SEDG) Receives Consensus Rating of "Buy" from Brokerages - May 26 at 6:47 PM logoCORRECTION: Boviet Solar USA Introduces Embed SolarEdge Power Optimizers in Its New Mono Smart Solar Modules - May 26 at 6:55 AM logoQ4 2017 EPS Estimates for Solaredge Technologies Inc Reduced by FBR & Co (SEDG) - May 15 at 8:58 AM logoSolaredge Technologies Inc (SEDG) Given a $18.00 Price Target by FBR & Co Analysts - May 15 at 12:34 AM



SolarEdge Technologies (SEDG) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by Staff