SolarEdge Technologies, Inc. (SEDG)
| Market Cap | 806.09M |
| 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 | 2,907,016 |
| Open | 14.28 |
| Previous Close | 14.21 |
| Day's Range | 13.76 - 14.79 |
| 52-Week Range | 10.24 - 87.98 |
| Beta | 1.56 |
| Analysts | Hold |
| Price Target | 25.95 (+86.56%) |
| 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 $25.95, which is an increase of 86.56% from the latest price.
News
SolarEdge and Summit Ridge Collaborate to Deploy SolarEdge's American-Manufactured Technology for Rooftop Solar in the U.S.
MILPITAS, Calif.--(BUSINESS WIRE)--Summit Ridge Energy expected to standardize its rooftop solar installations with SolarEdge's U.S.-manufactured inverter solutions for commercial solar.
SolarEdge Appoints New Directors to its Board of Directors
MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge today announced the appointment of Yoram Tietz and Gilad Almogy to its Board of Directors, effective January 6, 2025.
SolarEdge Stock Drops After Downgrade. Why the Analyst Disagrees With Goldman Sachs.
Citigroup cut shares to sell less than a month after Goldman Sachs gave a rare double upgrade to Buy.
SolarEdge's Restructuring To Generate Savings And Free Cash Flow Upside: Goldman Sachs Analyst
SolarEdge Technologies, Inc. SEDG shares are trading higher on Tuesday. On Monday, Goldman Sachs analyst Brian Lee raised its price target from $19 to $21, while reiterating a Buy rating.
SolarEdge Stock Surges on Plan to Cut 400 More Jobs
SolarEdge plans to slash 400 more jobs following the dismissal of 500 workers a little more than a month ago.
SolarEdge Announces Safe Harbor Agreements and Second 45X Credit Sale
MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge announces safe harbor agreements as well as second sale of §45X Advanced Manufacturing Production Tax Credits.
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...