SolarEdge Technologies, Inc. (SEDG)

NASDAQ: SEDG · IEX Real-Time Price · USD
+1.61 (1.20%)
Sep 25, 2023, 9:49 AM EDT - Market open
Market Cap 7.75B
Revenue (ttm) 3.66B
Net Income (ttm) 303.46M
Shares Out 56.56M
EPS (ttm) 5.17
PE Ratio 26.03
Forward PE 14.72
Dividend n/a
Ex-Dividend Date n/a
Volume 152,565
Open 133.50
Previous Close 134.60
Day's Range 132.68 - 136.21
52-Week Range 132.68 - 345.80
Beta 1.40
Analysts Buy
Price Target 326.24 (+137.92%)
Earnings Date Nov 6, 2023

About SEDG

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide. It operates in Solar and All Other segments. The company offers inverters, power optimizers, communication devices, and smart energy management solutions used in residential, commercial, and small utility-scale solar installations; and a cloud-based monitoring platform that collects and processes information from the power optimizers and inverters, as well ... [Read more]

Industry Solar
Sector Technology
IPO Date Mar 26, 2015
Employees 4,926
Stock Exchange NASDAQ
Ticker Symbol SEDG
Full Company Profile

Financial Performance

In 2022, SEDG's revenue was $3.11 billion, an increase of 58.38% compared to the previous year's $1.96 billion. Earnings were $93.78 million, a decrease of -44.57%.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for SEDG stock is "Buy." The 12-month stock price forecast is $326.24, which is an increase of 137.92% from the latest price.

Price Target
(137.92% upside)
Analyst Consensus: Buy
Stock Forecasts


RE+ 2023: SolarEdge Launches its Most Powerful Ground-Mount Solution, Targeting U.S. Community Solar and Small-Medium Utility

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, today announced the U.S. launch of its new high-power, three-p...

13 days ago - Business Wire

SolarEdge not to cut inverter prices as panels become cheaper

SolarEdge Technologies said it was not looking to cut prices for its solar inverters till the end of the year despite a dip in near-term demand from Europe, betting on cheaper panels to increase affor...

4 weeks ago - Reuters

SolarEdge to Power Xcel Energy's New ‘Renewable Battery Connect' Virtual Power Plant Incentive Program in Colorado

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG) today announced the inclusion of the SolarEdge Home Battery in Xcel Energy's new ‘Renewable Battery Connect...

4 weeks ago - Business Wire

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6 weeks ago - Market Watch

SolarEdge Launches New Home Hub and Wave Inverters with Embedded Power Control System (PCS) Aimed at Reducing Installation Costs

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies today unveils the latest version of its market leading SolarEdge Home Hub and Wave inverters in the U.S.

6 weeks ago - Business Wire

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7 weeks ago - Forbes

SolarEdge Warns About US Solar Sales, and Shares Sink

SolarEdge Technologies shares cratered after the solar power company warned its business is being hurt by high borrowing costs, and gave current quarter guidance that missed estimates.

7 weeks ago - Investopedia

SolarEdge warns about solar market weakness, Q3 guidance comes in light

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7 weeks ago - CNBC Television

SolarEdge casts another cloud over industry, but bulls aren't fretting amid stock's plunge

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7 weeks ago - Market Watch

SolarEdge Stock Falls After Weak Guidance. Why Analysts Are Still Upbeat.

Disappointing guidance from SolarEdge follows a similar announcement from Enphase Energy last month.

7 weeks ago - Barrons

SolarEdge forecasts third-quarter revenue below estimates as demand wanes

SolarEdge Technologies forecast third-quarter revenue below Wall Street estimates as demand slows for its solar inverters in the United States and Europe, sending its shares nearly 13% lower in extend...

7 weeks ago - Reuters

SolarEdge Announces Second Quarter 2023 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 second quarter ended June 30, ...

7 weeks ago - Business Wire

Infineon and SolarEdge Sign Multi-Year Capacity Reservation Supplier Agreement to Foster Green Energy Solutions

MUNICH & MILPITAS, Calif.--(BUSINESS WIRE)--Infineon and SolarEdge Technologies today announced the signing of a multi-year Capacity Reservation Agreement (CRA).

2 months ago - Business Wire

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SolarEdge to Announce Financial Results for the Second Quarter 2023 on Tuesday, August 1, 2023

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, will report financial results for the second quarter ended June 30, 2023 aft...

2 months ago - Business Wire

SolarEdge Appoints New Director to Its Board

MILPITAS, Calif. & HERZLIYA, Israel--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge” or the “Company”) (Nasdaq: SEDG), a global leader in smart energy technology, announced today the appoin...

2 months ago - Business Wire

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