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

Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) have received a consensus rating of “Reduce” from the twenty-five ratings firms that are currently covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $29.0864.

A number of brokerages have recently commented on SEDG. UBS Group lowered their price objective on SolarEdge Technologies from $40.00 to $36.00 and set a “neutral” rating on the stock in a report on Monday, March 2nd. Barclays boosted their target price on SolarEdge Technologies from $36.00 to $39.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. Jefferies Financial Group raised SolarEdge Technologies from an “underperform” rating to a “hold” rating and upped their target price for the stock from $30.00 to $49.00 in a research report on Friday, March 20th. Deutsche Bank Aktiengesellschaft lowered their price target on SolarEdge Technologies from $35.00 to $33.00 and set a “hold” rating on the stock in a report on Friday, February 20th. Finally, The Goldman Sachs Group boosted their price objective on shares of SolarEdge Technologies from $32.00 to $36.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th.

SolarEdge Technologies Trading Down 6.0%

Shares of NASDAQ:SEDG opened at $48.75 on Friday. 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 $2.94 billion, a PE ratio of -7.09 and a beta of 1.35. SolarEdge Technologies has a 1 year low of $11.00 and a 1 year high of $53.75. The firm has a fifty day moving average price of $39.41 and a 200 day moving average price of $36.27.

SolarEdge Technologies (NASDAQ:SEDG) last posted its earnings results on Thursday, February 26th. The semiconductor company reported ($0.14) earnings per share for the quarter. SolarEdge Technologies had a negative net margin of 34.23% and a negative return on equity of 45.54%. The company had revenue of $333.80 million for the quarter. Analysts expect that SolarEdge Technologies will post -4.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Public Sector Pension Investment Board grew its position in shares of SolarEdge Technologies by 15.0% in the third quarter. Public Sector Pension Investment Board now owns 231,604 shares of the semiconductor company’s stock valued at $8,569,000 after purchasing an additional 30,264 shares during the last quarter. Convergence Investment Partners LLC acquired a new position in shares of SolarEdge Technologies during the 3rd quarter worth about $3,033,000. SG Americas Securities LLC lifted its position 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 purchasing an additional 38,511 shares during the last quarter. Aquatic Capital Management LLC boosted its stake in SolarEdge Technologies by 1,282.8% during the 3rd quarter. Aquatic Capital Management LLC now owns 125,473 shares of the semiconductor company’s stock valued at $4,643,000 after purchasing an additional 116,399 shares during the period. Finally, Menora Mivtachim Holdings LTD. grew its holdings 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 buying an additional 1,015,017 shares during the last quarter. 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.