SolarEdge Technologies (NASDAQ:SEDG) Price Target Raised to $7.00 at Guggenheim

SolarEdge Technologies (NASDAQ:SEDG) had its price target lifted by Guggenheim from $5.00 to $7.00 in a report released on Monday morning,Benzinga reports. Guggenheim currently has a sell rating on the semiconductor company’s stock.

Other equities analysts have also recently issued reports about the stock. JPMorgan Chase & Co. restated a “neutral” rating and issued a $23.00 price target (up from $18.00) on shares of SolarEdge Technologies in a research report on Tuesday, July 15th. Jefferies Financial Group lifted their price target on shares of SolarEdge Technologies from $10.00 to $18.00 and gave the company an “underperform” rating in a research note on Monday, July 14th. BNP Paribas raised shares of SolarEdge Technologies to a “strong sell” rating in a research note on Wednesday, July 16th. The Goldman Sachs Group reissued a “neutral” rating and set a $27.00 price target on shares of SolarEdge Technologies in a research report on Wednesday, July 9th. Finally, Oppenheimer restated a “market perform” rating on shares of SolarEdge Technologies in a report on Monday, August 11th. Eighteen analysts have rated the stock with a Hold rating and ten have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $18.20.

SolarEdge Technologies Stock Performance

Shares of SEDG stock opened at $31.99 on Monday. SolarEdge Technologies has a 52 week low of $10.24 and a 52 week high of $34.36. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.42 and a current ratio of 1.94. The company has a 50-day simple moving average of $25.40 and a 200 day simple moving average of $19.44. The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of -1.07 and a beta of 1.56.

SolarEdge Technologies (NASDAQ:SEDG) last issued its quarterly earnings data on Thursday, August 7th. The semiconductor company reported ($0.81) earnings per share for the quarter, hitting the consensus estimate of ($0.81). The business had revenue of $289.43 million during the quarter, compared to analysts’ expectations of $270.03 million. SolarEdge Technologies had a negative net margin of 177.64% and a negative return on equity of 191.53%. The business’s revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the company earned ($1.79) EPS. SolarEdge Technologies has set its Q3 2025 guidance at EPS. On average, sell-side analysts predict that SolarEdge Technologies will post -4.54 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Edmond DE Rothschild Holding S.A. boosted its stake in SolarEdge Technologies by 60.0% during the first quarter. Edmond DE Rothschild Holding S.A. now owns 1,600 shares of the semiconductor company’s stock worth $26,000 after buying an additional 600 shares during the period. Fifth Third Bancorp boosted its stake in SolarEdge Technologies by 93.7% during the first quarter. Fifth Third Bancorp now owns 1,633 shares of the semiconductor company’s stock worth $26,000 after buying an additional 790 shares during the period. Canada Pension Plan Investment Board purchased a new position in SolarEdge Technologies during the second quarter worth $35,000. Banque Cantonale Vaudoise purchased a new stake in shares of SolarEdge Technologies during the first quarter valued at $35,000. Finally, Tower Research Capital LLC TRC grew its holdings in shares of SolarEdge Technologies by 28.7% in the second quarter. Tower Research Capital LLC TRC now owns 2,481 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 553 shares during the last quarter. 95.10% of the stock is owned by hedge funds and other institutional investors.

About SolarEdge Technologies

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.