SolarEdge Technologies, Inc. (NASDAQ:SEDG) Receives $19.20 Average PT from Brokerages

SolarEdge Technologies, Inc. (NASDAQ:SEDG) has been assigned a consensus rating of “Reduce” from the twenty-nine ratings firms that are covering the firm, Marketbeat Ratings reports. Eleven equities research analysts have rated the stock with a sell recommendation and eighteen have issued a hold recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $19.1960.

Several brokerages have recently commented on SEDG. Oppenheimer reiterated a “market perform” rating on shares of SolarEdge Technologies in a research note on Monday, August 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of SolarEdge Technologies in a research note on Wednesday, October 8th. Mizuho lifted their target price on SolarEdge Technologies from $18.00 to $29.00 and gave the stock a “neutral” rating in a research note on Monday, July 14th. Roth Capital lifted their price target on SolarEdge Technologies from $15.00 to $25.00 and gave the stock a “neutral” rating in a report on Tuesday, August 5th. Finally, UBS Group lifted their price target on SolarEdge Technologies from $20.00 to $30.00 and gave the stock a “neutral” rating in a report on Tuesday, August 19th.

SolarEdge Technologies Stock Down 9.2%

SEDG stock opened at $35.06 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.94 and a debt-to-equity ratio of 0.72. SolarEdge Technologies has a twelve month low of $10.24 and a twelve month high of $41.92. The business has a 50 day moving average price of $32.57 and a two-hundred day moving average price of $23.76. The company has a market cap of $2.08 billion, a price-to-earnings ratio of -1.17 and a beta of 1.58.

SolarEdge Technologies (NASDAQ:SEDG) last issued its earnings results on Thursday, August 7th. The semiconductor company reported ($0.81) EPS for the quarter, hitting the consensus estimate of ($0.81). SolarEdge Technologies had a negative return on equity of 191.53% and a negative net margin of 177.64%.The company had revenue of $289.43 million during the quarter, compared to the consensus estimate of $270.03 million. During the same period in the previous year, the company posted ($1.79) EPS. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. SolarEdge Technologies has set its Q3 2025 guidance at EPS. Analysts anticipate that SolarEdge Technologies will post -4.54 EPS for the current fiscal year.

Institutional Trading of SolarEdge Technologies

Several hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in shares of SolarEdge Technologies by 5.1% in the third quarter. GAMMA Investing LLC now owns 6,207 shares of the semiconductor company’s stock worth $230,000 after buying an additional 302 shares during the period. Resona Asset Management Co. Ltd. increased its holdings in shares of SolarEdge Technologies by 6.7% in the second quarter. Resona Asset Management Co. Ltd. now owns 6,472 shares of the semiconductor company’s stock worth $128,000 after buying an additional 404 shares during the period. Tidal Investments LLC grew its stake in shares of SolarEdge Technologies by 1.2% in the second quarter. Tidal Investments LLC now owns 42,411 shares of the semiconductor company’s stock worth $865,000 after purchasing an additional 484 shares during the last quarter. Maryland State Retirement & Pension System grew its stake in shares of SolarEdge Technologies by 2.9% in the second quarter. Maryland State Retirement & Pension System now owns 17,352 shares of the semiconductor company’s stock worth $354,000 after purchasing an additional 486 shares during the last quarter. Finally, Public Employees Retirement System of Ohio grew its stake in shares of SolarEdge Technologies by 21.5% in the second quarter. Public Employees Retirement System of Ohio now owns 2,868 shares of the semiconductor company’s stock worth $59,000 after purchasing an additional 508 shares during the last quarter. 95.10% of the stock is owned by institutional investors and hedge funds.

About SolarEdge Technologies

SolarEdge Technologies, Inc, together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.