SolarEdge Technologies, Inc. (NASDAQ:SEDG) Given Average Rating of “Reduce” by Analysts

Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) have earned a consensus rating of “Reduce” from the twenty-five brokerages that are covering the firm, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a sell recommendation, sixteen have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $25.45.

SEDG has been the topic of several research analyst reports. The Goldman Sachs Group decreased their price target on shares of SolarEdge Technologies from $36.00 to $31.00 and set a “neutral” 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 on the stock in a report on Friday, December 19th. Jefferies Financial Group reiterated an “underperform” rating on shares of SolarEdge Technologies in a research report on Wednesday, January 21st. TD Cowen upgraded SolarEdge Technologies from a “hold” rating to a “buy” rating and raised their price target for the company from $34.00 to $38.00 in a report on Friday, January 9th. Finally, BMO Capital Markets upped their price objective on SolarEdge Technologies from $19.00 to $25.00 and gave the stock an “underperform” rating in a report on Thursday, November 6th.

Hedge Funds Weigh In On SolarEdge Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in SEDG. Phoenix Financial Ltd. bought a new position in shares of SolarEdge Technologies during the second quarter valued at approximately $216,000. SG Americas Securities LLC lifted its stake in shares of SolarEdge Technologies by 59.7% during the 3rd quarter. SG Americas Securities LLC now owns 103,033 shares of the semiconductor company’s stock worth $3,812,000 after acquiring an additional 38,511 shares during the last quarter. Convergence Investment Partners LLC purchased a new position in SolarEdge Technologies during the 3rd quarter valued at $3,033,000. Menora Mivtachim Holdings LTD. grew its position in 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 acquiring an additional 1,015,017 shares during the last quarter. Finally, PGGM Investments bought a new position in SolarEdge Technologies in the 3rd quarter valued at $24,438,000. 95.10% of the stock is owned by hedge funds and other institutional investors.

SolarEdge Technologies Price Performance

SEDG stock opened at $36.33 on Thursday. SolarEdge Technologies has a one year low of $11.00 and a one year high of $48.60. The company’s fifty day moving average price is $32.05 and its 200-day moving average price is $33.31. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.60 and a current ratio of 2.28. The company has a market capitalization of $2.17 billion, a PE ratio of -3.76 and a beta of 1.66.

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.