SolarEdge Technologies, Inc. (NASDAQ:SEDG) Receives Consensus Recommendation of “Reduce” from Analysts

SolarEdge Technologies, Inc. (NASDAQ:SEDGGet Free Report) has received an average rating of “Reduce” from the twenty-five research firms that are currently covering the firm, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $29.9045.

Several equities analysts recently weighed in on SEDG shares. Jefferies Financial Group raised SolarEdge Technologies from an “underperform” rating to a “hold” rating and raised their price objective for the company from $30.00 to $49.00 in a research note on Friday, March 20th. Wells Fargo & Company raised their price objective on SolarEdge Technologies from $33.00 to $36.00 and gave the company an “equal weight” rating in a research note on Friday, February 20th. Deutsche Bank Aktiengesellschaft raised their price objective on SolarEdge Technologies from $33.00 to $42.00 and gave the company a “hold” rating in a research note on Thursday, April 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SolarEdge Technologies in a research note on Monday, December 29th. Finally, Morgan Stanley raised their price objective on SolarEdge Technologies from $33.00 to $40.00 and gave the company an “equal weight” rating in a research note on Thursday, February 19th.

Check Out Our Latest Stock Analysis on SolarEdge Technologies

Institutional Investors Weigh In On SolarEdge Technologies

Large investors have recently bought and sold shares of the stock. Oregon Public Employees Retirement Fund boosted its holdings in SolarEdge Technologies by 2.2% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 13,677 shares of the semiconductor company’s stock valued at $395,000 after acquiring an additional 300 shares during the last quarter. Rakuten Securities Inc. grew its holdings in shares of SolarEdge Technologies by 82.1% during the 4th quarter. Rakuten Securities Inc. now owns 958 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 432 shares during the period. Tidal Investments LLC increased its position in SolarEdge Technologies by 1.2% during the 2nd quarter. Tidal Investments LLC now owns 42,411 shares of the semiconductor company’s stock worth $865,000 after purchasing an additional 484 shares in the last quarter. PNC Financial Services Group Inc. increased its position in SolarEdge Technologies by 7.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 7,269 shares of the semiconductor company’s stock worth $269,000 after purchasing an additional 530 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in 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 valued at $51,000 after buying an additional 553 shares during the period. Institutional investors and hedge funds own 95.10% of the company’s stock.

SolarEdge Technologies Stock Performance

NASDAQ SEDG opened at $47.38 on Tuesday. SolarEdge Technologies has a 1-year low of $11.80 and a 1-year high of $53.75. The company has a market capitalization of $2.88 billion, a P/E ratio of -6.89 and a beta of 1.35. The business has a 50 day moving average price of $42.29 and a 200 day moving average price of $37.04. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.17 and a quick ratio of 1.48.

SolarEdge Technologies (NASDAQ:SEDGGet Free Report) last released its quarterly earnings data on Thursday, February 26th. The semiconductor company reported ($0.14) earnings per share for the quarter. SolarEdge Technologies had a negative net margin of 34.23% and a negative return on equity of 45.54%. The firm had revenue of $333.80 million during the quarter. Sell-side analysts expect that SolarEdge Technologies will post -0.94 EPS for the current fiscal year.

SolarEdge Technologies Company Profile

(Get Free Report)

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.

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Analyst Recommendations for SolarEdge Technologies (NASDAQ:SEDG)

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