SolarEdge Technologies (NASDAQ:SEDG) Trading Up 8% After Analyst Upgrade

SolarEdge Technologies, Inc. (NASDAQ:SEDG)’s stock price traded up 8% during trading on Tuesday after Bank of America upgraded the stock from an underperform rating to a neutral rating. Bank of America now has a $40.00 price target on the stock, up from their previous price target of $17.00. SolarEdge Technologies traded as high as $37.86 and last traded at $37.3690. 1,465,827 shares traded hands during trading, a decline of 54% from the average session volume of 3,183,100 shares. The stock had previously closed at $34.59.

SEDG has been the topic of several other reports. Weiss Ratings reissued a “sell (d-)” rating on shares of SolarEdge Technologies in a research note on Monday, December 29th. Raymond James Financial initiated coverage on SolarEdge Technologies in a research report on Tuesday, January 13th. They issued a “market perform” rating on the stock. Barclays boosted their target price on SolarEdge Technologies from $36.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 15th. TD Cowen upped their price target on SolarEdge Technologies from $38.00 to $43.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Finally, The Goldman Sachs Group raised their price target on SolarEdge Technologies from $32.00 to $36.00 and gave the company a “neutral” rating in a report on Thursday, February 19th. One investment analyst has rated the stock with a Buy rating, seventeen have given a Hold rating and seven have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $27.68.

Key Headlines Impacting SolarEdge Technologies

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

• Positive Sentiment: BofA upgraded SEDG from “underperform” to “neutral” and lifted its price target to $40 (from $17), citing stabilization in revenue, margins and liquidity — a key catalyst that prompted investor buying. B of A Securities Upgrades SolarEdge Technologies (SEDG)
• Positive Sentiment: Market and media coverage amplified the upgrade narrative (reports highlight stabilized financials and an intraday rally), reinforcing momentum among momentum/short‑term buyers. SolarEdge surges as BofA upgrades, saying revenue and liquidity have stabilized
• Neutral Sentiment: SolarEdge issued an official press release confirming CFO Asaf Alperovitz has notified the board he will step down to pursue a CFO role elsewhere; the company says the board has initiated a replacement search and that Alperovitz will continue in his duties through the transition. This is orderly but creates an open recruitment process. SolarEdge Announces Departure of CFO (BusinessWire)
• Neutral Sentiment: ICL published its own announcement that it will appoint Asaf Alperovitz as CFO effective June 15, confirming his next role and reducing ambiguity about his destination. ICL Announces Chief Financial Officer Transition
• Negative Sentiment: Investors reacted negatively after-hours to the CFO departure news and shares dipped in extended trading, reflecting concern over executive turnover and near‑term execution/financial oversight risk. SolarEdge shares fall after-hours as CFO Asaf Alperovitz to step down in June
• Negative Sentiment: Analyst coverage remains mixed — the stock had recently collected a consensus “Reduce” rating from brokerages, which could limit upside until fundamentals and management stability are clearer. SolarEdge Receives Consensus Rating of “Reduce”

Institutional Investors Weigh In On SolarEdge Technologies

Institutional investors have recently made changes to their positions in the stock. UBS Group AG lifted its stake in SolarEdge Technologies by 18.5% in the fourth quarter. UBS Group AG now owns 4,210,429 shares of the semiconductor company’s stock valued at $121,471,000 after buying an additional 655,925 shares during the period. Vanguard Group Inc. increased its stake in shares of SolarEdge Technologies by 5.5% in the 4th quarter. Vanguard Group Inc. now owns 3,368,073 shares of the semiconductor company’s stock valued at $97,169,000 after acquiring an additional 175,582 shares during the last quarter. Invesco Ltd. increased its stake in shares of SolarEdge Technologies by 28.6% in the 4th quarter. Invesco Ltd. now owns 2,169,822 shares of the semiconductor company’s stock valued at $62,599,000 after acquiring an additional 483,052 shares during the last quarter. Menora Mivtachim Holdings LTD. raised its position in shares of SolarEdge Technologies by 41.1% in the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 2,103,521 shares of the semiconductor company’s stock valued at $77,830,000 after acquiring an additional 612,884 shares during the period. Finally, Electron Capital Partners LLC boosted its stake in SolarEdge Technologies by 107.8% during the 3rd quarter. Electron Capital Partners LLC now owns 1,732,566 shares of the semiconductor company’s stock worth $64,105,000 after acquiring an additional 898,802 shares during the last quarter. 95.10% of the stock is owned by institutional investors and hedge funds.

SolarEdge Technologies Stock Performance

The stock has a market cap of $2.30 billion, a price-to-earnings ratio of -5.54 and a beta of 1.62. The stock’s fifty day moving average is $34.81 and its 200-day moving average is $34.68. The company has a quick ratio of 1.48, a current ratio of 2.17 and a debt-to-equity ratio of 0.82.

SolarEdge Technologies (NASDAQ:SEDG) last posted its earnings results on Wednesday, February 18th. The semiconductor company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.05. The company had revenue of $333.80 million for the quarter, compared to analyst estimates of $330.33 million. SolarEdge Technologies had a negative net margin of 34.23% and a negative return on equity of 45.54%. The business’s revenue for the quarter was up 70.9% compared to the same quarter last year. During the same period last year, the business posted ($3.52) earnings per share. On average, analysts forecast that SolarEdge Technologies, Inc. will post -4.54 EPS for the current year.

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.