Analysts Set SolarEdge Technologies, Inc. (NASDAQ:SEDG) Price Target at $25.45

Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDGGet Free Report) have been assigned an average recommendation of “Reduce” from the twenty-five brokerages that are covering the firm, MarketBeat reports. Eight analysts have rated the stock with a sell rating, sixteen have issued a hold rating and one has issued a buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $25.45.

A number of brokerages recently weighed in on SEDG. Wells Fargo & Company reduced their price target on shares of SolarEdge Technologies from $42.00 to $33.00 and set an “equal weight” rating for the company in a research report on Friday, December 19th. TD Cowen upgraded SolarEdge Technologies from a “hold” rating to a “buy” rating and lifted their target price for the stock from $34.00 to $38.00 in a research report on Friday, January 9th. Barclays upped their target price on SolarEdge Technologies from $36.00 to $39.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. Royal Bank Of Canada lifted their price target on SolarEdge Technologies from $25.00 to $34.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 6th. Finally, The Goldman Sachs Group reduced their price objective on SolarEdge Technologies from $36.00 to $31.00 and set a “neutral” rating for the company in a research note on Thursday, December 18th.

Check Out Our Latest Stock Report on SEDG

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. UBS Group AG grew its holdings in SolarEdge Technologies by 234.8% during the third quarter. UBS Group AG now owns 3,554,504 shares of the semiconductor company’s stock worth $131,517,000 after acquiring an additional 2,492,776 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of SolarEdge Technologies by 612.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,448,643 shares of the semiconductor company’s stock worth $53,600,000 after purchasing an additional 1,245,445 shares during the period. Menora Mivtachim Holdings LTD. increased its holdings in shares of SolarEdge Technologies by 213.4% in the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 1,490,637 shares of the semiconductor company’s stock valued at $30,409,000 after purchasing an additional 1,015,017 shares in the last quarter. Electron Capital Partners LLC lifted its stake in shares of SolarEdge Technologies by 107.8% in the third quarter. Electron Capital Partners LLC now owns 1,732,566 shares of the semiconductor company’s stock valued at $64,105,000 after purchasing an additional 898,802 shares during the period. Finally, Jump Financial LLC purchased a new stake in SolarEdge Technologies during the second quarter worth about $15,982,000. 95.10% of the stock is currently owned by institutional investors and hedge funds.

SolarEdge Technologies Stock Up 3.3%

Shares of NASDAQ:SEDG opened at $35.53 on Thursday. The firm has a 50 day simple moving average of $32.22 and a 200-day simple moving average of $33.43. SolarEdge Technologies has a twelve month low of $11.00 and a twelve month high of $48.60. The company has a current ratio of 2.28, a quick ratio of 1.60 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $2.12 billion, a PE ratio of -3.67 and a beta of 1.66.

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.

Further Reading

Analyst Recommendations for SolarEdge Technologies (NASDAQ:SEDG)

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