SolarEdge Technologies, Inc. (SEDG)
NASDAQ: SEDG · Real-Time Price · USD
10.87
+0.41 (3.87%)
At close: Nov 20, 2024, 4:00 PM
10.77
-0.10 (-0.92%)
Pre-market: Nov 21, 2024, 5:27 AM EST

SolarEdge Technologies Stock Forecast

Stock Price Forecast

The 23 analysts with 12-month price forecasts for SEDG stock have an average target of 28.11, with a low estimate of 7.00 and a high estimate of 124. The average target predicts an increase of 158.60% from the current stock price of 10.87.

Analyst Consensus: Hold
Target Low Average Median High
Price $7.00 $28.11 $21 $124
Change -35.60% +158.60% +93.19% +1040.8%

Analyst Ratings

The average analyst rating for SEDG stock from 26 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 444311
Buy 322322
Hold 192122212018
Sell 211213
Strong Sell 222232
Total 303031312726

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Guggenheim
Guggenheim
Hold
Upgrades
n/a
Hold Upgrades n/a n/a Nov 20, 2024
Barclays
Barclays
Sell
Maintains
$17$7
Sell Maintains $17$7 -35.60% Nov 15, 2024
Morgan Stanley
Morgan Stanley
Sell
Downgrades
$23$9
Sell Downgrades $23$9 -17.20% Nov 15, 2024
UBS
UBS
Hold
Maintains
$26$18
Hold Maintains $26$18 +65.59% Nov 8, 2024
Truist Securities
Truist Securities
Hold
Maintains
$20$15
Hold Maintains $20$15 +37.99% Nov 8, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
992.15M
from 2.98B
Decreased by -66.67%
Revenue Next Year
1.43B
from 992.15M
Increased by 44.23%
EPS This Year
-14.13
from 0.60
EPS Next Year
-2.21
from -14.13
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.43B1.46B1.96B3.11B2.98B992.15M1.43B1.88B
Revenue Growth
52.11%2.36%34.58%58.38%-4.30%-66.67%44.23%31.31%
EPS
2.902.663.061.650.60-14.13-2.210.97
EPS Growth
7.86%-8.32%15.06%-46.02%-63.68%---
Forward PE
-------11.22
No. Analysts -----363728
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.2B 2.1B 2.7B
Avg 992.2M 1.4B 1.9B
Low 892.8M 907.9M 902.4M

Revenue Growth

Revenue Growth 20242025202620272028
High
-61.2%
110.4%
90.1%
Avg
-66.7%
44.2%
31.3%
Low
-70.0%
-8.5%
-36.9%

EPS Forecast

EPS 20242025202620272028
High -4.34 1.98 3.29
Avg -14.13 -2.21 0.97
Low -24.98 -5.46 -1.22

EPS Growth

EPS Growth 20242025202620272028
High - - -
Avg - - -
Low - - -
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.