SolarEdge Technologies, Inc. (NASDAQ:SEDG) Receives $18.37 Average PT from Analysts

SolarEdge Technologies, Inc. (NASDAQ:SEDG) has earned a consensus rating of “Reduce” from the twenty-seven analysts that are covering the company, MarketBeat.com reports. Ten research analysts have rated the stock with a sell recommendation and seventeen have issued a hold recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $18.3708.

SEDG has been the topic of a number of research reports. Northland Capmk upgraded SolarEdge Technologies from a “strong sell” rating to a “hold” rating in a report on Friday, May 23rd. Roth Capital boosted their target price on SolarEdge Technologies from $15.00 to $25.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 5th. Guggenheim raised their price target on SolarEdge Technologies from $5.00 to $7.00 and gave the company a “sell” rating in a research report on Monday, August 25th. Mizuho lifted their price target on SolarEdge Technologies from $18.00 to $29.00 and gave the stock a “neutral” rating in a research note on Monday, July 14th. Finally, Barclays upgraded shares of SolarEdge Technologies from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from $12.00 to $29.00 in a research report on Monday, July 14th.

SolarEdge Technologies Stock Performance

Shares of SEDG opened at $34.11 on Monday. 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 52-week low of $10.24 and a 52-week high of $35.77. The company has a 50-day simple moving average of $29.16 and a 200-day simple moving average of $21.23. The company has a market capitalization of $2.03 billion, a PE ratio of -1.14 and a beta of 1.50.

SolarEdge Technologies (NASDAQ:SEDG) last issued its earnings results on Thursday, August 7th. The semiconductor company reported ($0.81) earnings per share for the quarter, hitting the consensus estimate of ($0.81). SolarEdge Technologies had a negative net margin of 177.64% and a negative return on equity of 191.53%. The company had revenue of $289.43 million for the quarter, compared to analyst estimates of $270.03 million. During the same period in the prior year, the business posted ($1.79) earnings per share. 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. Equities research analysts predict that SolarEdge Technologies will post -4.54 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Resona Asset Management Co. Ltd. raised 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 acquiring an additional 404 shares during the last quarter. 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. Maryland State Retirement & Pension System raised its stake in SolarEdge Technologies by 2.9% in the 2nd quarter. Maryland State Retirement & Pension System now owns 17,352 shares of the semiconductor company’s stock valued at $354,000 after purchasing an additional 486 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings in SolarEdge Technologies by 21.5% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 2,868 shares of the semiconductor company’s stock valued at $59,000 after purchasing an additional 508 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in shares of SolarEdge Technologies by 28.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,481 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 553 shares during the last quarter. 95.10% of the stock is currently 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.