SolarEdge Technologies, Inc. (SEDG)
| Market Cap | 855.92M |
| 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 | 7,350,610 |
| Open | 13.15 |
| Previous Close | 13.11 |
| Day's Range | 13.07 - 15.65 |
| 52-Week Range | 10.24 - 98.50 |
| Beta | 1.54 |
| Analysts | Hold |
| Price Target | 26.82 (+81.58%) |
| Earnings Date | Feb 18, 2025 |
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. The company offers power optimizers, inverters, batteries, storage solutions, electric vehicle chargers, smart tracking solutions, and smart energy management software products; Monitoring platform, a cloud-based monitoring platform, which collects power, voltage,... [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 $26.82, which is an increase of 81.58% from the latest price.
News
Is SolarEdge At Its Final Edge?
SolarEdge (SEDG) lost all its glitter in 2023-2024. The market lost all hope for a change in the solar industry and the company's future in particular. The business's financial condition is somewhere ...
SolarEdge Stock Pops on Reported Analyst Double Upgrade
SolarEdge Technologies (SEDG) shares rallied Tuesday after analysts at Goldman Sachs reportedly issued a double upgrade for the solar equipment maker.
SolarEdge Poised For Growth Amid Cost Cuts, While Canadian Solar Faces US Policy Headwinds: Goldman Sachs
Goldman Sachs analyst Brian Lee revised ratings for key residential solar stocks. The analyst notes there is a disconnect between the mid-to-long-term fundamentals and valuations for solar/storage equ...
SolarEdge Stock Jumps After Goldman Double Upgrade. Solar Can Shine Again in 2025.
Goldman Sachs said that the market is overestimating the risks to the solar sector as it upgraded the solar equipment maker to Buy from Sell.
SolarEdge Begins Shipping 'USA Edition' Home Battery, Expanding Company's End-to-End, Domestic Content Portfolio
MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies Inc. (NASDAQ: SEDG), a global leader in smart energy technology, today announced it is now shipping the new SolarEdge Home Battery 'USA Editio...
SolarEdge Appoints Shuki Nir as Chief Executive Officer
MILPITAS, Calif. & HERZLIYA, Israel--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge” or the “Company”) (Nasdaq: SEDG), a global leader in smart energy technology, today announced the appoin...
SolarEdge Expands Commercial Product Portfolio in Germany with the Launch of its Storage System for C&I Solar Installations
MUNICH, Germany & MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies announces that its commercial storage system for the German market is now available for order.
SolarEdge Announces Closure of Energy Storage Division
MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge” or the “Company”) (NASDAQ: SEDG), a global leader in smart energy technology, announced today that as part of its focus on ...
Solaredge to shut energy storage unit and cut 12% jobs
Solaredge Technologies said on Wednesday it would shut its energy storage unit and cut workforce by about 12%, sending the shares of the solar inverter maker up 2.7% before the bell.
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...