SolarEdge Technologies (NASDAQ:SEDG) Upgraded by Bank of America to “Neutral” Rating

Bank of America upgraded shares of SolarEdge Technologies (NASDAQ:SEDG) from an underperform rating to a neutral rating in a research note issued to investors on Tuesday, MarketBeat reports. Bank of America currently has $40.00 price objective on the semiconductor company’s stock, up from their previous price objective of $17.00.

SEDG has been the topic of several other reports. Deutsche Bank Aktiengesellschaft cut their target price on shares of SolarEdge Technologies from $35.00 to $33.00 and set a “hold” rating on the stock in a research note on Friday, February 20th. Wells Fargo & Company lifted their price target on shares of SolarEdge Technologies from $33.00 to $36.00 and gave the company an “equal weight” rating in a research note on Friday, February 20th. Raymond James Financial assumed coverage on shares of SolarEdge Technologies in a report on Tuesday, January 13th. They set a “market perform” rating on the stock. Citigroup cut their price objective on shares of SolarEdge Technologies from $30.00 to $29.00 and set a “sell” rating on the stock in a research report on Thursday, December 18th. Finally, Morgan Stanley boosted their target price on SolarEdge Technologies from $33.00 to $40.00 and gave the company an “equal weight” rating in a research 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, SolarEdge Technologies presently has an average rating of “Reduce” and an average price target of $27.68.

SolarEdge Technologies Trading Up 10.2%

Shares of SEDG stock opened at $38.11 on Tuesday. SolarEdge Technologies has a fifty-two week low of $11.00 and a fifty-two week high of $48.60. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.48 and a current ratio of 2.17. The stock has a 50 day simple moving average of $34.81 and a two-hundred day simple moving average of $34.68. The company has a market cap of $2.30 billion, a P/E ratio of -5.54 and a beta of 1.62.

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

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Accent Capital Management LLC bought a new stake in shares of SolarEdge Technologies during the third quarter worth about $25,000. Hantz Financial Services Inc. raised its holdings in shares of SolarEdge Technologies by 352.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 733 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 571 shares during the last quarter. Whittier Trust Co. bought a new position in SolarEdge Technologies in the 3rd quarter valued at about $27,000. Saranac Partners Ltd bought a new position in SolarEdge Technologies in the 3rd quarter valued at about $28,000. Finally, State of Wyoming acquired a new position in SolarEdge Technologies during the 4th quarter valued at about $27,000. 95.10% of the stock is owned by institutional investors.

SolarEdge Technologies News Roundup

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”

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.