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SolarEdge Technologies (SEDG) Stock Forecast & Price Target

$31.65
+1.74 (+5.82%)
(As of 07/12/2024 ET)

SolarEdge Technologies - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$73.19
131.26% Upside
High Forecast$314.00
Average Forecast$73.19
Low Forecast$25.00
TypeCurrent Forecast
7/15/23 to 7/14/24
1 Month Ago
6/15/23 to 6/14/24
3 Months Ago
4/16/23 to 4/15/24
1 Year Ago
7/15/22 to 7/15/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
6 Buy rating(s)
14 Buy rating(s)
Hold
25 Hold rating(s)
24 Hold rating(s)
20 Hold rating(s)
5 Hold rating(s)
Sell
2 Sell rating(s)
3 Sell rating(s)
3 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$73.19$86.38$99.84$374.11
Forecasted Upside131.26% Upside31.19% Upside21.76% Upside26.84% Upside
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SEDG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SEDG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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SolarEdge Technologies Stock vs. The Competition

TypeSolarEdge TechnologiesOils/Energy CompaniesS&P 500
Consensus Rating Score
2.06
2.57
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside131.26% Upside303.19% Upside9.17% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/8/2024Royal Bank of Canada
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 Lower TargetSector Perform ➝ Sector Perform$71.00 ➝ $37.00+36.33%
7/8/2024Bank of America
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 UpgradeUnderperform ➝ Neutral$29.00+15.77%
7/2/2024Wells Fargo & Company
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 Lower TargetEqual Weight ➝ Equal Weight$62.00 ➝ $29.00+22.36%
6/27/2024The Goldman Sachs Group
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 Lower TargetSell ➝ Sell$49.00 ➝ $25.00+0.04%
6/26/2024Piper Sandler
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 Lower TargetNeutral ➝ Neutral$53.00 ➝ $25.00-5.30%
6/26/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$83.00 ➝ $41.00+55.30%
6/25/2024Canaccord Genuity Group
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 Lower TargetHold ➝ Hold$58.00 ➝ $38.00+35.42%
6/25/2024Scotiabank
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 Lower TargetSector Perform ➝ Sector Perform$72.00 ➝ $46.00+38.35%
6/20/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$73.00 ➝ $59.00+59.16%
5/13/2024Susquehanna
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B. Perincheril
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DowngradePositive ➝ Neutral$92.00 ➝ $56.00+13.20%
5/10/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetHold ➝ Hold$75.00 ➝ $55.00+9.43%
5/10/2024Mizuho
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 Lower TargetBuy ➝ Buy$104.00 ➝ $84.00+59.48%
5/9/2024Northland Capmk
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G. Richard
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DowngradeStrong-Buy ➝ Hold
5/9/2024Citigroup
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 Lower TargetNeutral ➝ Neutral$83.00 ➝ $71.00+33.33%
5/9/2024BMO Capital Markets
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 Lower TargetMarket Perform ➝ Market Perform$73.00 ➝ $56.00+3.61%
5/9/2024Northland Securities
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 DowngradeOutperform ➝ Market Perform
5/9/2024TD Cowen
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 Lower TargetBuy ➝ Buy$85.00 ➝ $80.00+39.01%
5/7/2024Roth Mkm
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 Lower TargetNeutral ➝ Neutral$76.00 ➝ $60.00+1.47%
4/22/2024B. Riley
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 Lower TargetBuy ➝ Buy$133.00 ➝ $124.00+126.69%
4/17/2024DZ Bank
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 Initiated CoverageHold$62.00+3.18%
4/16/2024Barclays
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 Boost TargetUnderweight ➝ Underweight$50.00 ➝ $61.00+0.93%
3/22/2024Janney Montgomery Scott
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 DowngradeBuy ➝ Neutral
2/22/2024Truist Financial
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 Lower TargetHold ➝ Hold$80.00 ➝ $75.00+3.42%
11/6/2023HSBC
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 DowngradeBuy ➝ Hold$243.00 ➝ $80.00+5.96%
11/3/2023Wolfe Research
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 DowngradeOutperform ➝ Peer Perform
11/2/2023BNP Paribas
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 DowngradeOutperform ➝ Neutral$71.00-6.32%
11/2/2023Guggenheim
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 DowngradeBuy ➝ Neutral
10/20/2023Roth Capital
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P. Shen
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DowngradeBuy ➝ Neutral
10/20/2023Johnson Rice
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 DowngradeAccumulate ➝ Hold$300.00 ➝ $140.00+74.63%
10/20/2023Oppenheimer
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 DowngradeOutperform ➝ Market Perform
3/6/2023KeyCorp
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 Initiated CoverageSector Weight ➝ Sector Weight
12/23/2022Daiwa Capital Markets
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 Initiated CoverageNeutral$325.00+4.35%
12/5/2022Cowen
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 Boost TargetOutperform$309.00 ➝ $360.00+16.59%
11/8/2022Needham & Company LLC
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 Lower TargetBuy$380.00 ➝ $370.00+75.11%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 05:57 AM ET.

SEDG Forecast - Frequently Asked Questions

What is SolarEdge Technologies' forecast for 2024?

According to the research reports of 31 Wall Street equities research analysts, the average twelve-month stock price forecast for SolarEdge Technologies is $73.19, with a high forecast of $314.00 and a low forecast of $25.00.

Should I buy or sell SolarEdge Technologies stock right now?

31 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SolarEdge Technologies in the last year. There are currently 2 sell ratings, 25 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SEDG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SEDG, but not buy additional shares or sell existing shares.

Does SolarEdge Technologies's stock price have much upside?

According to analysts, SolarEdge Technologies's stock has a predicted upside of 40.86% based on their 12-month stock forecasts.

Has SolarEdge Technologies been upgraded or downgraded by Wall Street analysts recently?

Over the previous 90 days, SolarEdge Technologies's stock had 3 downgrades and 1 upgrade by analysts.

Do Wall Street analysts like SolarEdge Technologies more than its competitors?

Analysts like SolarEdge Technologies less than other "oils/energy" companies. The consensus rating for SolarEdge Technologies is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how SEDG compares to other companies.


This page (NASDAQ:SEDG) was last updated on 7/14/2024 by MarketBeat.com Staff

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