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SolarEdge Technologies (SEDG)
NASDAQ:SEDG
RESEARCH TOOLSreports
SolarEdge Technologies (SEDG) Stock Price & Analysis
4,841 Followers
SEDG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$53.59 - $317.93
Previous Close$56.77
Volume1.90M
Average Volume (3M)2.29M
Market Cap
$3.24B
Enterprise Value$3.10B
Total Cash (Recent Filing)$860.04M
Total Debt (Recent Filing)$714.34M
Price to Earnings (P/E)128.2
Beta2.00
Next Earnings
May 08, 2024EPS Estimate
-$1.55Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.44
Shares Outstanding57,126,023
10 Day Avg. Volume2,187,478
30 Day Avg. Volume2,294,988
Standard Deviation0.18
R-Squared0.20
Alpha0.00904
Financial Highlights & Ratios
Price to Book (P/B)1.39
Price to Sales (P/S)1.11
Price to Cash Flow (P/CF)-5.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.04
Enterprise Value/Gross Profit4.40
Enterprise Value/Ebitda22.17
Forecast
1Y Price Target
$81.52Price Target Upside44.00% Upside
Rating ConsensusHold
Number of Analyst Covering25
SolarEdge Technologies News
Bulls Say, Bears Say
Bulls Say
AcquisitionSolarEdge has enhanced its product offering by acquiring Wevo Energy, integrating advanced EV charging software for an enriched commercial portfolio.
Growth StrategyAnalyst reiterates Buy rating, highlighting SolarEdge's potential for revenue growth and margin recovery, supported by a strong strategy in the EV charger and battery segment.
Market ExpansionSolarEdge is poised for growth in Europe and the U.S., leveraging favorable market conditions and strategic initiatives to outpace competitors and achieve higher gross margins.
Bears Say
Financial PerformanceQ4 revenues came in at the low end of guidance and below estimates, and gross margin missed guidance and estimates due to higher battery storage and customer mix.
Inventory ChallengesSEDG does not expect any margin upside in 2024 from an improved cost structure until after its channel inventory clears.
Market CompetitionSEDG lost market share to competitors and faces ongoing threats from Tesla and Chinese brands.
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Ownership Overview
28.71% Insiders
26.74% Mutual Funds
25.33% Other Institutional Investors
19.22% 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
SEDG FAQ
What was SolarEdge Technologies’s price range in the past 12 months?
SolarEdge Technologies lowest stock price was $53.59 and its highest was $317.93 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 May 08, 2024 which is in 12 days.
How were SolarEdge Technologies’s earnings last quarter?
SolarEdge Technologies released its earnings results on Feb 20, 2024. The company reported -$0.92 earnings per share for the quarter, beating the consensus estimate of -$1.336 by $0.416.
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 -$1.55.
How many shares outstanding does SolarEdge Technologies have?
SolarEdge Technologies has 57,126,022 shares outstanding.
What happened to SolarEdge Technologies’s price movement after its last earnings report?
SolarEdge Technologies reported an EPS of -$0.92 in its last earnings report, beating expectations of -$1.336. Following the earnings report the stock price went down -12.177%.
Which hedge fund is a major shareholder of SolarEdge Technologies?
Among the largest hedge funds holding SolarEdge Technologies’s share is Coatue Management, LLC. It holds SolarEdge Technologies’s shares valued at 63M.
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SolarEdge Technologies Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$81.52 (44.00% Upside)
$81.52 (44.00% Upside)
Blogger Sentiment
Bullish
SEDG Sentiment 65%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 13.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $474.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 7.9%
Last 30 Days ▼ 7.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-81.69%
12-Months-Change
Fundamentals
Return on Equity
1.50%
Trailing 12-Months
Asset Growth
7.54%
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
Q4 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 Months Forecast
Average Price Target
$81.52
▲(44.00% Upside)
Technical Analysis
Best Analysts Covering SEDG
1 Year
1 Year Success Rate
23/39 ratings generated profit
1 Year Average Return
+55.73%
reiterated a buy rating 2 months ago
Copying Jeff Osborne's trades and holding each position for 1 Year would result in 58.97% of your transactions generating a profit, with an average return of +55.73% per trade.
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