SolarEdge Technologies ( (SEDG) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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SolarEdge Technologies has experienced significant stock price movements, primarily driven by market anticipation of its upcoming earnings report. Analysts predict a loss of $0.40 per share on revenue of $336.19 million. Despite previous earnings beats, the current consensus among analysts is to hold the stock, with a price target indicating potential downside due to prevailing market conditions.
More about SolarEdge Technologies
YTD Price Performance: 137.09%
Average Trading Volume: 4,084,282
Technical Sentiment Signal: Hold
Current Market Cap: $2.08B
For further insights into SEDG stock on TipRanks’ Stock Analysis page.
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