Susquehanna Issues Positive Forecast for SolarEdge Technologies (NASDAQ:SEDG) Stock Price

SolarEdge Technologies (NASDAQ:SEDG) had its price target raised by Susquehanna from $43.00 to $56.00 in a report released on Friday,Benzinga reports. Susquehanna currently has a neutral rating on the semiconductor company’s stock.

A number of other research firms also recently commented on SEDG. UBS Group increased their target price on SolarEdge Technologies from $36.00 to $41.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Citigroup lowered their price target on SolarEdge Technologies from $30.00 to $27.00 and set a “sell” rating for the company in a report on Thursday, May 7th. Jefferies Financial Group raised SolarEdge Technologies from an “underperform” rating to a “hold” rating and upped their price target for the company from $30.00 to $49.00 in a research report on Friday, March 20th. Royal Bank Of Canada reduced their price objective on SolarEdge Technologies from $32.00 to $30.00 and set a “sector perform” rating on the stock in a research note on Thursday, May 7th. Finally, Barclays lifted their price objective on shares of SolarEdge Technologies from $41.00 to $53.00 and gave the stock an “equal weight” rating in a report on Friday. One equities research analyst has rated the stock with a Buy rating, fourteen have assigned a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat.com, SolarEdge Technologies has an average rating of “Reduce” and an average target price of $36.94.

SolarEdge Technologies Price Performance

SEDG opened at $55.18 on Friday. The company has a market capitalization of $3.36 billion, a P/E ratio of -9.00 and a beta of 1.45. The company has a 50-day moving average of $57.00 and a 200-day moving average of $44.74. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.36 and a current ratio of 2.02. SolarEdge Technologies has a 1-year low of $23.01 and a 1-year high of $81.25.

SolarEdge Technologies (NASDAQ:SEDG) last posted its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.20). The firm had revenue of $309.90 million during the quarter, compared to analyst estimates of $305.49 million. SolarEdge Technologies had a negative return on equity of 38.66% and a negative net margin of 28.56%.The firm’s revenue for the quarter was up 41.5% on a year-over-year basis. During the same quarter last year, the business posted ($1.14) earnings per share. Equities analysts expect that SolarEdge Technologies will post -1.1 EPS for the current fiscal year.

Insider Transactions at SolarEdge Technologies

In other SolarEdge Technologies news, Chairman More Avery sold 2,566 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $38.76, for a total value of $99,458.16. Following the completion of the transaction, the chairman owned 295,379 shares in the company, valued at approximately $11,448,890.04. This represents a 0.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.04% of the stock is owned by insiders.

Hedge Funds Weigh In On SolarEdge Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in SEDG. Handelsbanken Fonder AB increased its position in SolarEdge Technologies by 28.6% in the 4th quarter. Handelsbanken Fonder AB now owns 846,148 shares of the semiconductor company’s stock valued at $24,411,000 after acquiring an additional 188,086 shares during the period. Vanguard Group Inc. boosted its position in SolarEdge Technologies by 5.5% during the 4th quarter. Vanguard Group Inc. now owns 3,368,073 shares of the semiconductor company’s stock worth $97,169,000 after acquiring an additional 175,582 shares during the period. Aquatic Capital Management LLC boosted its position 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 worth $4,643,000 after acquiring an additional 116,399 shares during the period. UBS Group AG grew its stake in shares of SolarEdge Technologies by 18.5% in the fourth quarter. UBS Group AG now owns 4,210,429 shares of the semiconductor company’s stock worth $121,471,000 after purchasing an additional 655,925 shares in the last quarter. Finally, ING Groep NV bought a new position in shares of SolarEdge Technologies in the fourth quarter worth $13,848,000. 95.10% of the stock is currently owned by institutional investors and hedge funds.

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.