SolarEdge Technologies (NASDAQ:SEDG) Given New $30.00 Price Target at UBS Group

SolarEdge Technologies (NASDAQ:SEDG) had its price target lifted by UBS Group from $20.00 to $30.00 in a research note released on Tuesday,Benzinga reports. They currently have a neutral rating on the semiconductor company’s stock.

A number of other equities research analysts also recently weighed in on SEDG. Wall Street Zen raised shares of SolarEdge Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Roth Capital upped their target price on shares of SolarEdge Technologies from $15.00 to $25.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 5th. Jefferies Financial Group raised their price target on SolarEdge Technologies from $10.00 to $18.00 and gave the company an “underperform” rating in a research report on Monday, July 14th. Northland Capmk upgraded SolarEdge Technologies from a “strong sell” rating to a “hold” rating in a research report on Friday, May 23rd. Finally, Morgan Stanley reiterated an “underweight” rating and issued a $10.00 price objective on shares of SolarEdge Technologies in a report on Wednesday, April 23rd. Eighteen investment analysts have rated the stock with a Hold rating and ten have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $18.12.

SolarEdge Technologies Trading Up 2.7%

Shares of SEDG opened at $31.99 on Tuesday. SolarEdge Technologies has a twelve month low of $10.24 and a twelve month high of $33.30. The stock has a market cap of $1.90 billion, a PE ratio of -1.07 and a beta of 1.56. The company has a quick ratio of 1.42, a current ratio of 1.94 and a debt-to-equity ratio of 0.72. The business’s 50-day moving average price is $24.62 and its 200-day moving average price is $18.90.

SolarEdge Technologies (NASDAQ:SEDG) last posted its earnings results on Thursday, August 7th. The semiconductor company reported ($0.81) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.81). The business had revenue of $289.43 million for the quarter, compared to analyst estimates of $270.03 million. SolarEdge Technologies had a negative net margin of 177.64% and a negative return on equity of 191.53%. SolarEdge Technologies’s revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($1.79) EPS. SolarEdge Technologies has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that SolarEdge Technologies will post -4.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC boosted its position in SolarEdge Technologies by 2,680.8% during the 1st quarter. GAMMA Investing LLC now owns 146,380 shares of the semiconductor company’s stock valued at $2,368,000 after acquiring an additional 141,116 shares in the last quarter. Teza Capital Management LLC lifted its position in SolarEdge Technologies by 59.1% during the fourth quarter. Teza Capital Management LLC now owns 50,052 shares of the semiconductor company’s stock valued at $681,000 after buying an additional 18,602 shares during the period. Aquatic Capital Management LLC boosted its holdings in shares of SolarEdge Technologies by 204.3% during the 4th quarter. Aquatic Capital Management LLC now owns 320,711 shares of the semiconductor company’s stock valued at $4,362,000 after buying an additional 215,311 shares in the last quarter. Sphera Management Technology Funds Ltd purchased a new stake in shares of SolarEdge Technologies in the 4th quarter worth about $816,000. Finally, SIR Capital Management L.P. bought a new position in shares of SolarEdge Technologies in the 4th quarter worth about $2,569,000. Institutional investors own 95.10% of the company’s stock.

SolarEdge Technologies Company Profile

SolarEdge Technologies, Inc, together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.