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

SolarEdge Technologies, Inc. (NASDAQ:SEDG) has earned an average recommendation of “Reduce” from the twenty-eight brokerages that are presently covering the stock, Marketbeat Ratings reports. Nine equities research analysts have rated the stock with a sell rating and nineteen have issued a hold rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $24.4542.

Several equities research analysts recently issued reports on the company. BMO Capital Markets boosted their price objective on 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. lifted their target price on SolarEdge Technologies from $27.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, October 16th. Susquehanna boosted their price target on shares of SolarEdge Technologies from $25.00 to $40.00 and gave the stock a “neutral” rating in a research note on Monday, October 13th. Royal Bank Of Canada increased their price target on shares of SolarEdge Technologies from $25.00 to $34.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 6th. Finally, Citigroup lowered their price objective on shares of SolarEdge Technologies from $30.00 to $29.00 and set a “sell” rating for the company in a research note on Thursday, December 18th.

SolarEdge Technologies Stock Down 1.4%

Shares of NASDAQ SEDG opened at $30.48 on Wednesday. The company has a quick ratio of 1.60, a current ratio of 2.28 and a debt-to-equity ratio of 0.78. The business’s 50 day moving average is $34.99 and its two-hundred day moving average is $30.99. SolarEdge Technologies has a 52-week low of $11.00 and a 52-week high of $48.60. The firm has a market cap of $1.82 billion, a price-to-earnings ratio of -3.15 and a beta of 1.67.

Hedge Funds Weigh In On SolarEdge Technologies

Several institutional investors have recently modified their holdings of SEDG. Accent Capital Management LLC acquired a new stake in shares of SolarEdge Technologies in the third quarter valued at $25,000. Edmond DE Rothschild Holding S.A. grew its stake in SolarEdge Technologies by 60.0% during the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 1,600 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 600 shares in the last quarter. Whittier Trust Co. acquired a new position in SolarEdge Technologies during the 3rd quarter worth $27,000. Hantz Financial Services Inc. increased its holdings in SolarEdge Technologies by 352.5% during 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 period. Finally, Saranac Partners Ltd acquired a new stake in SolarEdge Technologies in the 3rd quarter valued at about $28,000. Institutional investors and hedge funds own 95.10% of the company’s stock.

SolarEdge Technologies Company Profile

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.