SolarEdge Technologies, Inc. (SEDG)
| Market Cap | 629.92M |
| Revenue (ttm) | 1.05B |
| Net Income (ttm) | -1.66B |
| Shares Out | 57.95M |
| EPS (ttm) | -29.10 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,493,541 |
| Open | 10.48 |
| Previous Close | 10.47 |
| Day's Range | 10.24 - 11.45 |
| 52-Week Range | 10.24 - 103.15 |
| Beta | 1.58 |
| Analysts | Hold |
| Price Target | 28.11 (+158.6%) |
| Earnings Date | Nov 6, 2024 |
About SEDG
SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage. The Solar segment offers power optimizers, inverters, batteries, storage solutions, electric vehicle chargers, smart tracking solutions, and smart energy management software products; Monitoring platform, a cl... [Read more]
Financial Performance
In 2023, SolarEdge Technologies's revenue was $2.98 billion, a decrease of -4.30% compared to the previous year's $3.11 billion. Earnings were $34.33 million, a decrease of -63.39%.
Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for SEDG stock is "Hold." The 12-month stock price forecast is $28.11, which is an increase of 158.60% from the latest price.
News
SolarEdge Q3 Results Miss Expectations; Analysts Warn Of Cash Flow Challenges And Need For Cost Cuts
SolarEdge Technologies, Inc. SEDG shares are trading relatively flat on Thursday.
SolarEdge Stock Is Falling Again. It's Not Just the Trump Win Dragging It Down.
Third-quarter loss was $15.31 per share, a much wider loss than expected, impacted by $1 billion in write downs.
SolarEdge Technologies: Weak Quarter, Disappointing Outlook - Sell
After the close of Wednesday's regular session, leading solar inverter system supplier SolarEdge Technologies reported another set of disappointing quarterly results. While revenues came in at the ver...
SolarEdge Technologies, Inc. (SEDG) Q3 2024 Earnings Call Transcript
SolarEdge Technologies, Inc. (SEDG) Q3 2024 Earnings Call Transcript
SolarEdge Announces Third Quarter 2024 Financial Results
MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September ...
SolarEdge Announces Changes to the Board of Directors
MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced that the Board of Directors (the “Board”) has elected Avery ...
Solar Stocks Tumble With Trump Set To Retake White House
Several solar stocks including First Solar (FSLR) and Enphase Energy (ENPH) slumped in early trading Wednesday after the presidential election was called in favor of former President Donald Trump.
SolarEdge Announces First Section 45X Credit Sale
MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced it closed its first transaction for the sale of §45X Advance...
SolarEdge Applauds the U.S. Treasury Department's Final Rule on the Advanced Manufacturing Production Credit - Accelerating Manufacturing Across U.S. Facilities
MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (NASDAQ: SEDG), a global leader in smart energy technology, welcomes the U.S. Department of the Treasury's release of final rules for th...
SolarEdge: Core European Market Continues To Deteriorate - Strong Sell (Downgrade)
Recently, shares of leading solar inverter system supplier SolarEdge Technologies, Inc. have deteriorated to new multi-year lows. With the company's core European market plagued by weak customer confi...
Why This SolarEdge Analyst Is Cutting Estimates Ahead Of Q3 Earnings
SolarEdge Technologies Inc SEDG shares have lost more than 80% year to date.
Enphase Stock Dives After Earnings Miss. Sunrun, SolarEdge Hit as Sector Struggles.
While the company's revenue in the U.S. increased from the previous quarter, it was hit by a decrease in Europe.
This UPS Analyst Turns Bearish; Here Are Top 5 Downgrades For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
SolarEdge Stock Points Lower After Downgrade. It's Been a Rough Year.
TD Cowen analysts cut their rating on the solar-equipment company to Hold from Buy and slash their price target to $16 from $35.
SolarEdge Announces Early Certification for Europe's Mandatory Cyber Security Requirements for Wireless Connected Products
MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge” or “the Company”) (NASDAQ: SEDG), a global leader in smart energy technology, today announces that its portfolio of PV inve...
Solar energy faces stiff competition from nuclear providers
RBC Capital Markets downgraded solar energy company Enphase Energy (ENPH) to a Sector Perform rating as Big Tech inks more deals with nuclear energy developers to power their AI data centers. Most not...
SolarEdge to Announce Financial Results for the Third Quarter Ended September 30, 2024 on Wednesday, November 6, 2024
MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, will report financial results for the third quarter ended Sept...
Elon Musk's Solar Vision Sparks Excitement: What's Next For Enphase, SolarEdge, First Solar?
Elon Musk is at it again, igniting the solar conversation with a tweet Tuesday.
SolarEdge Stock Looks Well-Positioned For A Comeback
SolarEdge's revenue has stabilized, with multiple positive catalysts including normalized U.S. inventories, rebounding European demand, and rising U.S. electricity prices. The valuation of SEDG stock ...
SolarEdge Downgraded by Jefferies, Citing ‘Stiff Competition'
SolarEdge Technologies (SEDG) shares tumbled in early trading Tuesday, before rebounding later in the session after Jefferies downgraded the stock, pointing to tough competition in the solar power ind...
SolarEdge Stock Falls After Downgrade. Its Leadership Has ‘No Clear Road Map.
Jefferies analysts cut their rating on the solar-equipment company to Underperform from Hold.
What do rate cuts, the election mean for solar energy stocks?
Mizuho Americas director of clean energy equity research Maheep Manley joins Julie Hyman and Josh Lipton on Market Domination to discuss what next week's expected interest rate cut and the upcoming pr...
Solar stocks rally as solar gets a mention in Harris-Trump debate
Long-battered U.S. solar stocks are rallying Wednesday as the sector gets a nod in presidential debate.
RE+ North America 2024: SolarEdge Presents New Software Capabilities of SolarEdge ONE for C&I Energy Optimization Platform
MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, demonstrates new capabilities of SolarEdge ONE for C&I cloud-ba...
SolarEdge Unveils Next Generation All-in-One Home Solar + Storage Solution at RE+ 2024
MILPITAS, Calif--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, today unveiled its next-generation single-phase solar + storage...