SolarEdge Technologies, Inc. (SEDG)
NASDAQ: SEDG · IEX Real-Time Price · USD
25.69
-1.05 (-3.93%)
At close: Jul 19, 2024, 4:00 PM
26.21
+0.52 (2.02%)
Pre-market: Jul 22, 2024, 7:29 AM EDT
SolarEdge Technologies Stock Forecast
Stock Price Forecast
The 26 analysts with 12-month price forecasts for SEDG stock have an average target of 68.71, with a low estimate of 25 and a high estimate of 248. The average target predicts an increase of 167.46% from the current stock price of 25.69.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for SEDG stock from 30 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 3 | 3 | 2 |
| Hold | 17 | 17 | 18 | 19 | 19 | 21 |
| Sell | 2 | 2 | 2 | 2 | 2 | 1 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 29 | 28 | 29 | 30 | 30 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $25 → $29 | Hold | Maintains | $25 → $29 | +12.88% | Jul 22, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $29 → $31 | Hold | Maintains | $29 → $31 | +20.67% | Jul 17, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $49 → $50 | Buy | Maintains | $49 → $50 | +94.63% | Jul 16, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $56 → $36 | Hold | Maintains | $56 → $36 | +40.13% | Jul 15, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $37 | Hold | Reiterates | $37 | +44.02% | Jul 10, 2024 |
Financial Forecast
Revenue This Year
1.38B
from 2.98B
Decreased by -53.70%
Revenue Next Year
2.28B
from 1.38B
Increased by 65.09%
EPS This Year
-4.21
from 0.60
EPS Next Year
3.07
from -4.21
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.7B | 2.8B | 3.0B | 3.6B | 3.3B |
| Avg | 1.4B | 2.3B | 2.6B | 3.0B | 3.1B |
| Low | 1.2B | 1.8B | 2.2B | 2.5B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -44.5% | 100.7% | 33.2% | 39.4% | 11.6% |
| Avg | -53.7% | 65.1% | 14.7% | 14.9% | 2.8% |
| Low | -61.3% | 29.3% | -3.8% | -3.8% | -8.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.11 | 7.53 | 8.54 | 7.99 | 8.73 |
| Avg | -4.21 | 3.07 | 4.85 | 5.73 | 6.74 |
| Low | -6.25 | -2.40 | 2.14 | 3.66 | 4.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 178.0% | 64.8% | 52.2% |
| Avg | - | - | 57.8% | 18.3% | 17.5% |
| Low | - | - | -30.4% | -24.6% | -16.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.