SolarEdge Technologies (NASDAQ:SEDG) Shares Down 7.1% – What’s Next?

SolarEdge Technologies, Inc. (NASDAQ:SEDG)’s stock price traded down 7.1% during mid-day trading on Thursday . The stock traded as low as $29.91 and last traded at $32.6980. Approximately 1,810,554 shares traded hands during trading, a decline of 47% from the average daily volume of 3,427,165 shares. The stock had previously closed at $35.21.

SolarEdge Technologies News Summary

Here are the key news stories impacting SolarEdge Technologies this week:

• Positive Sentiment: JPMorgan raised its price target from $37 to $44 while maintaining a neutral rating, citing potential upside relative to recent trading levels.
• Positive Sentiment: Mizuho lifted its target from $38 to $40 and kept a neutral rating, suggesting some analysts see value in the shares following their recent weakness.
• Positive Sentiment: SolarEdge’s Investor Day outlined a goal of approximately $2.4 billion in revenue by 2029, alongside plans to expand into power infrastructure for artificial-intelligence data centers. SolarEdge 2026 Investor Day highlights
• Positive Sentiment: The company advanced its collaboration with NVIDIA on an 800-volt direct-current framework for AI data centers and extended its Infineon partnership on solid-state protection technology. These initiatives could open a higher-growth market beyond residential solar. SolarEdge and NVIDIA 800 VDC framework
• Neutral Sentiment: RBC Capital Markets expects continued revenue and margin growth in SolarEdge’s core solar business, but maintained a sector-perform stance and raised its target only from $24 to $30—still below recent trading levels. RBC outlook for SolarEdge
• Neutral Sentiment: Unusually heavy call-option activity indicates increased speculative interest, but it does not establish a fundamental change in the company’s outlook.
• Negative Sentiment: Morgan Stanley cut its price target from $35 to $33 and maintained an equal-weight rating, signaling limited upside and ongoing concerns about execution or valuation.
• Negative Sentiment: The stock’s decline following Investor Day—despite the NVIDIA-related announcement—suggests investors may want more evidence that the data-center opportunity can translate into near-term revenue, margins, and earnings.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on SEDG. Barclays lowered their price objective on shares of SolarEdge Technologies from $53.00 to $37.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 6th. The Goldman Sachs Group cut their target price on shares of SolarEdge Technologies from $34.00 to $30.00 and set a “sell” rating for the company in a research report on Thursday, August 6th. Glj Research reaffirmed a “sell” rating on shares of SolarEdge Technologies in a report on Thursday, June 11th. Wells Fargo & Company assumed coverage on shares of SolarEdge Technologies in a research report on Monday, June 29th. They issued an “equal weight” rating and a $36.00 price target on the stock. Finally, Susquehanna dropped their price objective on shares of SolarEdge Technologies from $56.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, August 6th. Two equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $39.00.

SolarEdge Technologies Trading Down 5.6%

The business has a 50 day simple moving average of $39.82 and a two-hundred day simple moving average of $46.32. The company has a current ratio of 2.03, a quick ratio of 1.38 and a debt-to-equity ratio of 0.85. The company has a market cap of $2.13 billion, a PE ratio of -7.71 and a beta of 1.44.

SolarEdge Technologies (NASDAQ:SEDG) last announced its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.07. The business had revenue of $346.20 million during the quarter, compared to the consensus estimate of $341.15 million. SolarEdge Technologies had a negative return on equity of 29.17% and a negative net margin of 20.29%.The business’s revenue for the quarter was up 19.6% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.81) earnings per share. On average, analysts forecast that SolarEdge Technologies, Inc. will post -1.23 EPS for the current fiscal year.

Institutional Trading of SolarEdge Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System grew its stake in shares of SolarEdge Technologies by 5,939.4% during the 2nd quarter. California State Teachers Retirement System now owns 4,021,549 shares of the semiconductor company’s stock valued at $235,019,000 after buying an additional 3,954,960 shares during the period. UBS Group AG increased its holdings in shares of SolarEdge Technologies by 234.8% during the 3rd quarter. UBS Group AG now owns 3,554,504 shares of the semiconductor company’s stock worth $131,517,000 after buying an additional 2,492,776 shares during the last quarter. Legal & General Group Plc purchased a new position in shares of SolarEdge Technologies in the 2nd quarter worth $76,095,000. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of SolarEdge Technologies in the 2nd quarter worth $55,514,000. Finally, Electron Capital Partners LLC boosted its holdings in SolarEdge Technologies by 107.8% in the third quarter. Electron Capital Partners LLC now owns 1,732,566 shares of the semiconductor company’s stock valued at $64,105,000 after acquiring an additional 898,802 shares during the last quarter. Hedge funds and other institutional investors own 95.10% of the company’s stock.

SolarEdge Technologies Company Profile

SolarEdge Technologies, Inc develops smart energy technology for solar power generation, energy storage and energy management. The company is best known for its DC-optimized inverter system, which uses power optimizers attached to individual solar modules to improve energy harvesting and provide module-level monitoring. Its platform is designed to support residential, commercial and utility-scale photovoltaic installations.

The company’s product portfolio includes power optimizers, inverters, monitoring and management software, batteries and energy storage systems, and related solutions for backup power and electric vehicle charging.