Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
SolarEdge Technologies (SEDG)
NASDAQ:SEDG
Holding SEDG?
Track your performance easily
SEDG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$17.12 - $141.70
Previous Close$21.95
Volume5.40M
Average Volume (3M)4.92M
Market Cap
$1.26B
Enterprise Value$1.28B
Total Cash (Recent Filing)$689.83M
Total Debt (Recent Filing)$714.78M
Price to Earnings (P/E)―
Beta2.42
Next Earnings
Nov 04, 2024EPS Estimate
-$1.52Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-8.99
Shares Outstanding57,299,404
10 Day Avg. Volume3,947,715
30 Day Avg. Volume4,917,724
Standard Deviation0.19
R-Squared0.19
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.60
Price to Sales (P/S)0.75
Price to Cash Flow (P/CF)-6.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.85
Enterprise Value/Gross Profit1.82
Enterprise Value/Ebitda-2.73
Forecast
1Y Price Target
$27.00Price Target Upside19.89% Upside
Rating ConsensusHold
Number of Analyst Covering24
SolarEdge Technologies News
Bulls Say, Bears Say
Bulls Say
Leadership And ManagementMr. Lando will remain active with the company as a member of the Board of Directors and as an advisor to the management team to support the leadership transition.
Market PerformanceSell-through in Europe for inverters, power optimizers, and batteries increased across the board (up 10%) on a sequential basis despite material weakness in the Netherlands.
Technology And InnovationSolarEdge’s DC-optimized inverter system is far more cost-effective compared to microinverters and traditional string inverters.
Bears Say
Financial PerformanceThe path forward is opaque with continued negative free cash flow.
ManagementZvi Lando stepping down as CEO places SolarEdge in a precarious position.
Market DynamicsThe downturn in US and European volume has left vendors with large inventories to work down while also accentuating price competition from Chinese peers in European end markets.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
SEDG FAQ
What was SolarEdge Technologies’s price range in the past 12 months?
SolarEdge Technologies lowest stock price was $17.12 and its highest was $141.70 in the past 12 months.
What is SolarEdge Technologies’s market cap?
Currently, no data Available
When is SolarEdge Technologies’s upcoming earnings report date?
SolarEdge Technologies’s upcoming earnings report date is Nov 04, 2024 which is in 46 days.
How were SolarEdge Technologies’s earnings last quarter?
SolarEdge Technologies released its earnings results on Aug 07, 2024. The company reported -$1.79 earnings per share for the quarter, missing the consensus estimate of -$1.539 by -$0.251.
Is SolarEdge Technologies overvalued?
According to Wall Street analysts SolarEdge Technologies’s price is currently Undervalued.
Does SolarEdge Technologies pay dividends?
SolarEdge Technologies does not currently pay dividends.
What is SolarEdge Technologies’s EPS estimate?
SolarEdge Technologies’s EPS estimate is -$1.52.
How many shares outstanding does SolarEdge Technologies have?
SolarEdge Technologies has 57,299,404 shares outstanding.
What happened to SolarEdge Technologies’s price movement after its last earnings report?
SolarEdge Technologies reported an EPS of -$1.79 in its last earnings report, missing expectations of -$1.539. Following the earnings report the stock price went down -3.052%.
Which hedge fund is a major shareholder of SolarEdge Technologies?
Among the largest hedge funds holding SolarEdge Technologies’s share is Blackstone Inc.. It holds SolarEdge Technologies’s shares valued at 4M.
---
SolarEdge Technologies Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$27.00 (19.89% Upside)
$27.00 (19.89% Upside)
Blogger Sentiment
Neutral
SEDG Sentiment 53%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 153.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 2.1%
Last 30 Days ▼ 2.1%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-84.35%
12-Months-Change
Fundamentals
Return on Equity
-22.12%
Trailing 12-Months
Asset Growth
-15.93%
Trailing 12-Months
Company Description
SolarEdge Technologies
SolarEdge Technologies, Inc. engages in the operation of inverter solution for the harvesting and managing of photovoltaic solar power. The company's products include power optimizer, inverter and monitoring portal. It offers residential solutions, commercial solutions, and grid services. The company was founded by Guy Sella, Lior Handelsman, Yoav Galin, Meir Adest and Amir Fishelov in 2006 and is headquartered in Hod HaSharon, Israel.
---
SEDG Company Deck
---
SEDG Earnings Call
Q2 2024
0:00 / 0:00
---
SEDG Revenue Breakdown
46.16% Inverters
30.32% Optimizers
12.71% Residential batteries
2.30% e-Mobility components and telematics
8.51% Other
---
SEDG Stock 12 Month Forecast
Average Price Target
$27.00
▲(19.89% Upside)
Technical Analysis
Best Analysts Covering SEDG
1 Year
1 Year Success Rate
22/37 ratings generated profit
1 Year Average Return
+54.04%
assigned a buy rating last month
Copying Jeff Osborne's trades and holding each position for 1 Year would result in 59.46% of your transactions generating a profit, with an average return of +54.04% per trade.
---