SolarEdge Technologies (NASDAQ:SEDG) Given New $33.00 Price Target at Wells Fargo & Company

SolarEdge Technologies (NASDAQ:SEDG) had its price target trimmed by Wells Fargo & Company from $42.00 to $33.00 in a research report sent to investors on Friday,Benzinga reports. The firm currently has an equal weight rating on the semiconductor company’s stock.

A number of other brokerages have also weighed in on SEDG. Morgan Stanley raised SolarEdge Technologies from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $27.00 to $33.00 in a research note on Tuesday. Susquehanna raised their price target on SolarEdge Technologies from $25.00 to $40.00 and gave the stock a “neutral” rating in a research note on Monday, October 13th. BMO Capital Markets upped their price objective on shares of SolarEdge Technologies from $19.00 to $25.00 and gave the company an “underperform” rating in a research note on Thursday, November 6th. Barclays increased their price objective on shares of SolarEdge Technologies from $29.00 to $36.00 and gave the stock an “equal weight” rating in a report on Thursday, October 9th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of SolarEdge Technologies in a report on Monday. Nineteen research analysts have rated the stock with a Hold rating and nine have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $24.45.

SolarEdge Technologies Stock Performance

Shares of NASDAQ SEDG opened at $29.06 on Friday. The company has a 50-day simple moving average of $35.25 and a 200-day simple moving average of $30.63. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.28 and a quick ratio of 1.60. The company has a market cap of $1.74 billion, a PE ratio of -3.01 and a beta of 1.67. SolarEdge Technologies has a 12 month low of $11.00 and a 12 month high of $48.60.

Institutional Investors Weigh In On SolarEdge Technologies

Several large investors have recently made changes to their positions in the business. Accent Capital Management LLC purchased a new position in shares of SolarEdge Technologies in the 3rd quarter valued at $25,000. Edmond DE Rothschild Holding S.A. raised its position in SolarEdge Technologies by 60.0% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 1,600 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 600 shares during the period. Whittier Trust Co. purchased a new position in SolarEdge Technologies in the third quarter valued at about $27,000. Hantz Financial Services Inc. lifted its stake in shares of SolarEdge Technologies by 352.5% during the third quarter. Hantz Financial Services Inc. now owns 733 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 571 shares in the last quarter. Finally, Saranac Partners Ltd purchased a new stake in shares of SolarEdge Technologies in the third quarter worth about $28,000. Institutional investors and hedge funds own 95.10% of the company’s stock.

SolarEdge Technologies News Summary

Here are the key news stories impacting SolarEdge Technologies this week:

• Positive Sentiment: Morgan Stanley upgraded SEDG to an equal-weight/hold, which helped trigger buying interest by signaling that near-term downside is limited. Morgan Stanley upgrade
• Positive Sentiment: Analysts and media highlighted rising U.S. solar demand as a tailwind for SolarEdge’s product mix (inverters and storage), supporting expectations for revenue recovery and boosting investor appetite. Article on U.S. solar demand
• Positive Sentiment: Market reaction: shares gapped up following the Morgan Stanley move and related coverage, indicating short-term buying momentum. Shares gap up article
• Neutral Sentiment: Goldman Sachs cut its price target from $36 to $31 and assigned a neutral rating; the lowered target trims upside but the neutral stance is not a full sell signal. Goldman Sachs PT cut
• Negative Sentiment: Wells Fargo reduced its price target sharply from $42 to $33 and moved to an equal-weight rating — a material trim that signals weaker expectations and likely pressured sentiment. Wells Fargo PT cut
• Negative Sentiment: Citigroup lowered its target from $30 to $29 and kept a sell rating, a strongly negative signal that likely contributed to near-term downside pressure. Citigroup PT cut

SolarEdge Technologies Company Profile

SolarEdge Technologies (NASDAQ: SEDG) is a global provider of solar energy solutions focused on optimizing photovoltaic (PV) power generation. The company’s core offerings include power optimizers, inverters and cloud-based monitoring platforms designed to maximize energy output and improve safety across residential, commercial and utility-scale installations. By coupling module-level electronics with centralized inverters, SolarEdge’s technology enables real-time performance monitoring and rapid fault detection to enhance system reliability.

In recent years, SolarEdge has expanded its product portfolio beyond solar PV to include energy storage systems, electric vehicle (EV) charging solutions and smart energy management tools.