SolarEdge Technologies (NASDAQ:SEDG) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

SolarEdge Technologies (NASDAQ:SEDG) had its price objective upped by analysts at JPMorgan Chase & Co. from $23.00 to $27.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the semiconductor company’s stock. JPMorgan Chase & Co.‘s price target points to a potential downside of 23.84% from the stock’s previous close.

A number of other equities analysts also recently issued reports on the stock. Wall Street Zen raised shares of SolarEdge Technologies from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Wells Fargo & Company raised their price objective on shares of SolarEdge Technologies from $15.00 to $24.00 and gave the stock an “equal weight” rating in a report on Friday, August 8th. Glj Research downgraded shares of SolarEdge Technologies from a “hold” rating to a “strong sell” rating and set a $6.90 price target on the stock. in a report on Tuesday, June 17th. Roth Capital lifted their price target on shares of SolarEdge Technologies from $15.00 to $25.00 and gave the company a “neutral” rating in a report on Tuesday, August 5th. Finally, Guggenheim lifted their price target on shares of SolarEdge Technologies from $5.00 to $7.00 and gave the company a “sell” rating in a report on Monday, August 25th. Seventeen equities research analysts have rated the stock with a Hold rating and ten have given a Sell rating to the stock. According to MarketBeat, SolarEdge Technologies presently has a consensus rating of “Reduce” and a consensus target price of $18.54.

SolarEdge Technologies Stock Performance

Shares of SEDG stock opened at $35.45 on Friday. 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 firm has a market capitalization of $2.11 billion, a PE ratio of -1.18 and a beta of 1.50. The company has a 50 day moving average price of $29.50 and a 200-day moving average price of $21.55. SolarEdge Technologies has a 52 week low of $10.24 and a 52 week high of $36.58.

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

Institutional Investors Weigh In On SolarEdge Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in SEDG. Ion Asset Management Ltd. boosted its position in shares of SolarEdge Technologies by 135.9% during the 1st quarter. Ion Asset Management Ltd. now owns 2,082,497 shares of the semiconductor company’s stock valued at $33,695,000 after acquiring an additional 1,199,801 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its stake in SolarEdge Technologies by 10,038.2% in the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,109,225 shares of the semiconductor company’s stock valued at $17,945,000 after purchasing an additional 1,098,284 shares during the last quarter. Menora Mivtachim Holdings LTD. grew its position in shares of SolarEdge Technologies by 213.4% during the second quarter. Menora Mivtachim Holdings LTD. now owns 1,490,637 shares of the semiconductor company’s stock worth $30,409,000 after acquiring an additional 1,015,017 shares during the last quarter. Electron Capital Partners LLC purchased a new position in shares of SolarEdge Technologies during the second quarter worth approximately $17,009,000. Finally, Jump Financial LLC acquired a new stake in shares of SolarEdge Technologies during the second quarter worth $15,982,000. Hedge funds and other institutional investors own 95.10% of the company’s stock.

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.