Barclays Raises SolarEdge Technologies (NASDAQ:SEDG) Price Target to $39.00

SolarEdge Technologies (NASDAQ:SEDG) had its price objective raised by Barclays from $36.00 to $39.00 in a research report issued on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the semiconductor company’s stock. Barclays‘s target price would suggest a potential upside of 15.01% from the company’s current price.

Several other research firms have also weighed in on SEDG. Royal Bank Of Canada lifted their price target on SolarEdge Technologies from $25.00 to $34.00 and gave the company a “sector perform” rating in a research report on Thursday, November 6th. TD Cowen raised shares of SolarEdge Technologies from a “hold” rating to a “buy” rating and upped their target price for the stock from $34.00 to $38.00 in a research report on Friday, January 9th. Susquehanna lifted their price target on shares of SolarEdge Technologies from $25.00 to $40.00 and gave the company a “neutral” rating in a research report on Monday, October 13th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of SolarEdge Technologies from $19.00 to $28.00 and gave the stock a “hold” rating in a report on Wednesday, October 1st. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of SolarEdge Technologies in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, eighteen have given a Hold rating and nine have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $25.21.

SolarEdge Technologies Price Performance

SEDG stock opened at $33.91 on Thursday. The firm has a 50 day moving average of $32.74 and a 200-day moving average of $32.35. The firm has a market capitalization of $2.03 billion, a P/E ratio of -3.51 and a beta of 1.66. SolarEdge Technologies has a 12 month low of $11.00 and a 12 month high of $48.60. The company has a current ratio of 2.28, a quick ratio of 1.60 and a debt-to-equity ratio of 0.78.

Institutional Investors Weigh In On SolarEdge Technologies

Several large investors have recently bought and sold shares of the business. UBS Group AG lifted its stake in SolarEdge Technologies by 234.8% during the 3rd quarter. UBS Group AG now owns 3,554,504 shares of the semiconductor company’s stock valued at $131,517,000 after acquiring an additional 2,492,776 shares during the period. Menora Mivtachim Holdings LTD. lifted its position in SolarEdge Technologies by 41.1% during the third quarter. Menora Mivtachim Holdings LTD. now owns 2,103,521 shares of the semiconductor company’s stock valued at $77,830,000 after purchasing an additional 612,884 shares during the period. 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 worth $64,105,000 after purchasing an additional 898,802 shares during the last quarter. Invesco Ltd. grew its position in SolarEdge Technologies by 14.9% in the 3rd quarter. Invesco Ltd. now owns 1,686,770 shares of the semiconductor company’s stock worth $62,410,000 after purchasing an additional 218,935 shares during the period. Finally, Assenagon Asset Management S.A. raised its stake in SolarEdge Technologies by 612.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,448,643 shares of the semiconductor company’s stock valued at $53,600,000 after buying an additional 1,245,445 shares during the last quarter. 95.10% of the stock is currently owned by institutional investors.

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.