SolarEdge Technologies, Inc. (NASDAQ:SEDG) Receives $25.21 Average Price Target from Brokerages

Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDGGet Free Report) have received a consensus rating of “Reduce” from the twenty-eight brokerages that are covering the company, Marketbeat reports. Nine investment analysts have rated the stock with a sell recommendation, eighteen have given a hold recommendation and one has given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $25.2130.

SEDG has been the subject of a number of research analyst reports. BMO Capital Markets increased their price objective on shares of SolarEdge Technologies from $19.00 to $25.00 and gave the company an “underperform” rating in a report on Thursday, November 6th. JPMorgan Chase & Co. raised their target price on shares of SolarEdge Technologies from $27.00 to $29.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Citigroup decreased their price target on shares of SolarEdge Technologies from $30.00 to $29.00 and set a “sell” rating on the stock in a research note on Thursday, December 18th. Morgan Stanley raised shares of SolarEdge Technologies from an “underweight” rating to an “equal weight” rating and increased their price objective for the company from $27.00 to $33.00 in a report on Tuesday, December 16th. Finally, Susquehanna raised their price objective on SolarEdge Technologies from $25.00 to $40.00 and gave the company a “neutral” rating in a research report on Monday, October 13th.

Check Out Our Latest Research Report on SolarEdge Technologies

Institutional Trading of SolarEdge Technologies

A number of large investors have recently added to or reduced their stakes in SEDG. GAMMA Investing LLC boosted its position in shares of SolarEdge Technologies by 5.1% during the 3rd quarter. GAMMA Investing LLC now owns 6,207 shares of the semiconductor company’s stock valued at $230,000 after acquiring an additional 302 shares during the last quarter. Resona Asset Management Co. Ltd. raised its stake in SolarEdge Technologies by 6.7% during the second quarter. Resona Asset Management Co. Ltd. now owns 6,472 shares of the semiconductor company’s stock valued at $128,000 after purchasing an additional 404 shares in the last quarter. Tidal Investments LLC lifted its position in SolarEdge Technologies by 1.2% during the second quarter. Tidal Investments LLC now owns 42,411 shares of the semiconductor company’s stock valued at $865,000 after purchasing an additional 484 shares during the last quarter. Maryland State Retirement & Pension System lifted 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 valued at $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 2nd quarter. Public Employees Retirement System of Ohio now owns 2,868 shares of the semiconductor company’s stock worth $59,000 after buying an additional 508 shares in the last quarter. Institutional investors own 95.10% of the company’s stock.

SolarEdge Technologies Price Performance

Shares of SolarEdge Technologies stock opened at $32.49 on Friday. The stock’s 50-day simple moving average is $32.27 and its 200-day simple moving average is $32.56. SolarEdge Technologies has a 52 week low of $11.00 and a 52 week high of $48.60. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of -3.36 and a beta of 1.66. The company has a quick ratio of 1.60, a current ratio of 2.28 and a debt-to-equity ratio of 0.78.

About SolarEdge Technologies

(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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