SolarEdge Technologies (NASDAQ:SEDG) Research Coverage Started at Raymond James Financial

Raymond James Financial assumed coverage on shares of SolarEdge Technologies (NASDAQ:SEDG) in a report published on Tuesday morning, Marketbeat reports. The brokerage issued a market perform rating on the semiconductor company’s stock.

Several other research analysts have also weighed in on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of SolarEdge Technologies in a research note on Monday, December 29th. Royal Bank Of Canada boosted 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. Citigroup dropped their price objective on SolarEdge Technologies from $30.00 to $29.00 and set a “sell” rating on the stock in a research note on Thursday, December 18th. Wells Fargo & Company reduced their target price on SolarEdge Technologies from $42.00 to $33.00 and set an “equal weight” rating for the company in a research note on Friday, December 19th. Finally, Morgan Stanley raised SolarEdge Technologies from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $27.00 to $33.00 in a report on Tuesday, December 16th. One analyst has rated the stock with a Buy rating, eighteen have issued a Hold rating and nine have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $25.21.

SolarEdge Technologies Trading Down 2.7%

NASDAQ SEDG opened at $33.84 on Tuesday. SolarEdge Technologies has a 12 month low of $11.00 and a 12 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 stock has a 50 day moving average of $32.86 and a 200-day moving average of $32.25. The company has a market cap of $2.02 billion, a PE ratio of -3.50 and a beta of 1.66.

Institutional Trading of SolarEdge Technologies

Several institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its position in SolarEdge Technologies by 5.1% during the 3rd 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. boosted its position 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 valued at $128,000 after acquiring 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 valued at $865,000 after acquiring an additional 484 shares in the last quarter. Maryland State Retirement & Pension System increased its position in SolarEdge Technologies by 2.9% during the second quarter. Maryland State Retirement & Pension System now owns 17,352 shares of the semiconductor company’s stock worth $354,000 after acquiring an additional 486 shares during the period. Finally, Public Employees Retirement System of Ohio increased its position in SolarEdge Technologies by 21.5% during the second quarter. Public Employees Retirement System of Ohio now owns 2,868 shares of the semiconductor company’s stock worth $59,000 after acquiring an additional 508 shares during the period. 95.10% of the stock is currently owned by institutional investors.

About SolarEdge Technologies

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.