SolarEdge Technologies, Inc. (SEDG)
NASDAQ: SEDG · IEX Real-Time Price · USD
55.80
-1.59 (-2.77%)
At close: Apr 19, 2024, 4:00 PM
55.51
-0.29 (-0.52%)
After-hours: Apr 19, 2024, 7:56 PM EDT
SolarEdge Technologies Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for SEDG stock have an average target of 98.42, with a low estimate of 33.46 and a high estimate of 248. The average target predicts an increase of 76.38% from the current stock price of 55.80.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for SEDG stock from 29 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 4 | 3 | 3 |
| Buy | 6 | 4 | 4 | 4 | 4 | 4 |
| Hold | 18 | 18 | 15 | 17 | 17 | 18 |
| Sell | 1 | 1 | 2 | 2 | 2 | 2 |
| Strong Sell | 1 | 2 | 2 | 2 | 2 | 2 |
| Total | 31 | 30 | 28 | 29 | 28 | 29 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Strong Buy Maintains $106 → $104 | Strong Buy | Maintains | $106 → $104 | +86.38% | Apr 19, 2024 |
| DZ Bank | DZ Bank | Hold Initiates $62 | Hold | Initiates | $62 | +11.11% | Apr 17, 2024 |
| Barclays | Barclays | Sell Maintains $50 → $61 | Sell | Maintains | $50 → $61 | +9.32% | Apr 16, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $97 → $92 | Buy | Maintains | $97 → $92 | +64.87% | Apr 5, 2024 |
| Janney Montgomery Scott | Janney Montgomery Scott | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 22, 2024 |
Financial Forecast
Revenue This Year
1.56B
from 2.98B
Decreased by -47.62%
Revenue Next Year
2.53B
from 1.56B
Increased by 62.41%
EPS This Year
-1.95
from 0.60
EPS Next Year
4.46
from -1.95
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.9B | 3.2B | 3.6B | 7.9B | 4.0B |
| Avg | 1.6B | 2.5B | 3.0B | 4.5B | 3.7B |
| Low | 1.2B | 1.9B | 2.4B | 3.2B | 3.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -37.8% | 104.2% | 42.2% | 167.3% | -11.6% |
| Avg | -47.6% | 62.4% | 16.8% | 53.7% | -18.1% |
| Low | -58.8% | 24.2% | -4.5% | 9.6% | -25.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.29 | 9.30 | 10.15 | 11.55 | 12.60 |
| Avg | -1.95 | 4.46 | 6.00 | 7.68 | 8.53 |
| Low | -4.47 | 1.09 | 2.52 | 5.52 | 5.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 115.3% | - | 127.7% | 92.5% | 64.0% |
| Avg | - | - | 34.6% | 28.0% | 11.1% |
| Low | - | - | -43.5% | -8.1% | -22.2% |
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.