SolarEdge Technologies, Inc. (SEDG)
| 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]
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 StatementsAnalyst 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.
News
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...
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...
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...
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.
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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.
SolarEdge warns about solar market weakness, Q3 guidance comes in light
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SolarEdge casts another cloud over industry, but bulls aren't fretting amid stock's plunge
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SolarEdge Stock Falls After Weak Guidance. Why Analysts Are Still Upbeat.
Disappointing guidance from SolarEdge follows a similar announcement from Enphase Energy last month.
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...
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, ...
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).
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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...
SolarEdge Appoints New Director to Its Board
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