SolarEdge Technologies, Inc. (NASDAQ:SEDG) Receives Consensus Recommendation of “Reduce” from Brokerages

Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) have been given a consensus recommendation of “Reduce” by the twenty-five brokerages that are presently covering the company, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a sell recommendation, seventeen have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $29.9045.

A number of research analysts have recently issued reports on SEDG shares. UBS Group cut their target price on shares of SolarEdge Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a research note on Monday, March 2nd. Raymond James Financial started coverage on shares of SolarEdge Technologies in a research note on Tuesday, January 13th. They issued a “market perform” rating for the company. JPMorgan Chase & Co. boosted their price objective on shares of SolarEdge Technologies from $32.00 to $35.00 and gave the stock a “neutral” rating in a research report on Thursday, April 16th. Wells Fargo & Company boosted their price objective on shares of SolarEdge Technologies from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Friday, February 20th. Finally, Morgan Stanley boosted their price objective on shares of SolarEdge Technologies from $33.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 19th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Accent Capital Management LLC bought a new position in SolarEdge Technologies in the 3rd quarter worth approximately $25,000. Whittier Trust Co. bought a new position in SolarEdge Technologies in the 3rd quarter worth approximately $27,000. Hantz Financial Services Inc. raised its position in SolarEdge Technologies by 352.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 733 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 571 shares during the last quarter. State of Wyoming bought a new position in SolarEdge Technologies in the 4th quarter worth approximately $27,000. Finally, Saranac Partners Ltd bought a new position in SolarEdge Technologies in the 3rd quarter worth approximately $28,000. Institutional investors own 95.10% of the company’s stock.

SolarEdge Technologies Stock Performance

NASDAQ:SEDG opened at $42.91 on Tuesday. SolarEdge Technologies has a 1 year low of $12.47 and a 1 year high of $53.75. The firm has a 50 day moving average of $42.72 and a 200-day moving average of $37.18. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $2.61 billion, a P/E ratio of -6.24 and a beta of 1.18.

SolarEdge Technologies (NASDAQ:SEDG) last posted its earnings results on Thursday, February 26th. The semiconductor company reported ($0.14) earnings per share (EPS) for the quarter. SolarEdge Technologies had a negative net margin of 34.23% and a negative return on equity of 45.54%. The firm had revenue of $333.80 million during the quarter. As a group, sell-side analysts anticipate that SolarEdge Technologies will post -0.94 EPS for the current fiscal year.

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.