SolarEdge Technologies, Inc. (SEDG)
NASDAQ: SEDG · Real-Time Price · USD
21.61
+1.44 (7.14%)
At close: Sep 26, 2024, 4:00 PM
21.70
+0.09 (0.42%)
After-hours: Sep 26, 2024, 6:28 PM EDT
SolarEdge Technologies Stock Forecast
Stock Price Forecast
The 26 analysts with 12-month price forecasts for SEDG stock have an average target of 58.52, with a low estimate of 17 and a high estimate of 248. The average target predicts an increase of 170.80% from the current stock price of 21.61.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for SEDG stock from 31 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 3 |
| Buy | 4 | 3 | 3 | 2 | 2 | 3 |
| Hold | 18 | 19 | 19 | 21 | 22 | 21 |
| Sell | 2 | 2 | 2 | 1 | 1 | 2 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 29 | 30 | 30 | 30 | 31 | 31 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Buy Maintains $40 → $35 | Buy | Maintains | $40 → $35 | +61.96% | Sep 19, 2024 |
| Jefferies | Jefferies | Hold → Sell Downgrades $27 → $17 | Hold → Sell | Downgrades | $27 → $17 | -21.33% | Sep 17, 2024 |
| Jefferies | Jefferies | Hold Initiates $27 | Hold | Initiates | $27 | +24.94% | Sep 4, 2024 |
| William Blair | William Blair | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Aug 29, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $20 | Hold | Maintains | $20 | -7.45% | Aug 27, 2024 |
Financial Forecast
Revenue This Year
1.10B
from 2.98B
Decreased by -63.08%
Revenue Next Year
1.92B
from 1.10B
Increased by 74.52%
EPS This Year
-6.50
from 0.60
EPS Next Year
0.10
from -6.50
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.2B | 2.3B | 2.7B | ||
| Avg | 1.1B | 1.9B | 2.3B | ||
| Low | 974.7M | 1.5B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -58.3% | 106.6% | 41.8% | ||
| Avg | -63.1% | 74.5% | 20.8% | ||
| Low | -67.3% | 38.5% | -1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -4.34 | 2.01 | 4.17 | ||
| Avg | -6.50 | 0.10 | 2.61 | ||
| Low | -7.26 | -3.29 | -0.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 4,116.2% | ||
| Avg | - | - | 2,538.2% | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.