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SolarEdge Technologies (SEDG)
NASDAQ:SEDG
Holding SEDG?
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SEDG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.37 - $103.15
Previous Close$10.85
Volume4.58M
Average Volume (3M)4.49M
Market Cap
$606.45M
Enterprise Value$683.82M
Total Cash (Recent Filing)$678.77M
Total Debt (Recent Filing)$746.00M
Price to Earnings (P/E)―
Beta1.93
Next Earnings
Feb 19, 2025EPS Estimate
-$1.47Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-29.05
Shares Outstanding57,950,134
10 Day Avg. Volume9,108,773
30 Day Avg. Volume4,489,438
Standard Deviation0.19
R-Squared0.19
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)0.63
Price to Sales (P/S)0.59
Price to Cash Flow (P/CF)-2.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.65
Enterprise Value/Gross Profit0.97
Enterprise Value/Ebitda-0.45
Forecast
1Y Price Target
$12.07Price Target Upside15.34% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering21
SolarEdge Technologies News
Bulls Say, Bears Say
Bulls Say
Domestic Manufacturing And Market ExpansionManagement is focusing on manufacturing domestic content qualifying products, which could strengthen pricing power in the domestic market.
Product Innovation And Market GrowthThe company is launching new products, including a large-scale inverter for Germany and Austria, and next-generation battery products.
Tax Credit Advantage And Investor ConfidenceSolarEdge's DC-Optimized inverter systems qualify for a higher tax credit of $0.11/Wac power under the US Treasury's Final Rule compared to basic string inverters, which is beneficial for the company's product offerings.
Bears Say
Financial PerformanceSolarEdge reported Q3/24 revenues of $261M, which was significantly down year-over-year and quarter-over-quarter, missing estimates and showing poor financial performance.
Market ChallengesSlower demand for solar installations is leading to difficulties in clearing out inventory, exacerbated by higher interest rates in the US and a saturated market in Europe.
Pricing And CompetitionSignificant price cuts and promotions are resulting in a high-single digit to low double-digit ASP decline.
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Ownership Overview
1.18% Insiders
16.85% Mutual Funds
29.79% Other Institutional Investors
25.41% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SEDG FAQ
What was SolarEdge Technologies’s price range in the past 12 months?
SolarEdge Technologies lowest stock price was $10.37 and its highest was $103.15 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 Feb 19, 2025 which is in 89 days.
How were SolarEdge Technologies’s earnings last quarter?
SolarEdge Technologies released its earnings results on Nov 06, 2024. The company reported -$15.33 earnings per share for the quarter, missing the consensus estimate of -$1.642 by -$13.688.
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 -$1.47.
How many shares outstanding does SolarEdge Technologies have?
SolarEdge Technologies has 57,950,134 shares outstanding.
What happened to SolarEdge Technologies’s price movement after its last earnings report?
SolarEdge Technologies reported an EPS of -$15.33 in its last earnings report, missing expectations of -$1.642. Following the earnings report the stock price went up 1.362%.
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.
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SolarEdge Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$12.07 (15.34% Upside)
$12.07 (15.34% Upside)
Blogger Sentiment
Bearish
SEDG Sentiment 61%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 42.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $2.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-86.75%
12-Months-Change
Fundamentals
Return on Equity
-96.08%
Trailing 12-Months
Asset Growth
-39.45%
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.
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SEDG Company Deck
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SEDG Earnings Call
Q3 2024
0:00 / 0:00
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SEDG Revenue Breakdown
46.16% Inverters
30.32% Optimizers
12.71% Residential batteries
2.30% e-Mobility components and telematics
8.51% Other
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SEDG Stock 12 Month Forecast
Average Price Target
$12.07
▲(15.34% Upside)
Technical Analysis
Best Analysts Covering SEDG
1 Year
1 Year Success Rate
12/17 ratings generated profit
1 Year Average Return
+79.01%
downgraded a sell rating last month
Copying Joseph Osha's trades and holding each position for 1 Year would result in 70.59% of your transactions generating a profit, with an average return of +79.01% per trade.
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