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SolarEdge Technologies (DE:2ED)
FRANKFURT:2ED
RESEARCH TOOLSreports
SolarEdge Technologies (2ED) Stock Price & Analysis
26 Followers
2ED Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€22.30 - €224.75
Previous Close€23.71
Volume400.00
Average Volume (3M)729.00
Market Cap
€1.45B
Enterprise Value€1.48B
Total Cash (Recent Filing)$680.64M
Total Debt (Recent Filing)$709.73M
Price to Earnings (P/E)―
Beta2.15
Next Earnings
Aug 07, 2024EPS Estimate
-€1.4Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. Volume729
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.66
Enterprise Value/Gross Profit2.10
Enterprise Value/Ebitda-8.66
Forecast
1Y Price Target
€38.14Price Target Upside60.85% Upside
Rating ConsensusHold
Number of Analyst Covering24
SolarEdge Technologies News
Bulls Say, Bears Say
Bulls Say
European Market GrowthSEDG is still bullish on European growth vs the US, with expectations of growth mid-high single digits y/y.
Management And LeadershipSolarEdge Technologies announced today the appointment of Ariel Porat as Senior Vice President of Finance in a move that paves the way for the former Siemens Energy executive to eventually assume the company’s role as CFO.
US Production And Tax CreditsThe company's ramp-up of US production to take advantage of IRA manufacturing tax credits is encouraging.
Bears Say
Demand OutlookThe European market continues to face substantial inventory headwinds, compounded by weaker end-demand in the U.S.
Market ShareSEDG lost market share to ENPH and faces a threat from TSLA.
Workforce ReductionThe company would be reducing its headcount by an additional 400 employees, representing 8.5% of the workforce.
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Options Prices
Currently, No data available
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Ownership Overview
28.68% Insiders
27.44% Mutual Funds
35.69% Other Institutional Investors
8.19% Public Companies and
Individual Investors
2ED FAQ
What was SolarEdge Technologies’s price range in the past 12 months?
SolarEdge Technologies lowest stock price was €22.30 and its highest was €224.75 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 Aug 07, 2024 which is in 11 days.
How were SolarEdge Technologies’s earnings last quarter?
SolarEdge Technologies released its earnings results on May 08, 2024. The company reported -€1.744 earnings per share for the quarter, missing the consensus estimate of -€1.426 by -€0.319.
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 -€1.4.
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 -€1.744 in its last earnings report, missing expectations of -€1.426. Following the earnings report the stock price went down -7.052%.
Which hedge fund is a major shareholder of SolarEdge Technologies?
Among the largest hedge funds holding SolarEdge Technologies’s share is North Growth Management Ltd.. It holds SolarEdge Technologies’s shares valued at 6M.
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SolarEdge Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
€38.14 (60.85% Upside)
€38.14 (60.85% Upside)
Blogger Sentiment
Neutral
DE:2ED Sentiment 51%
Sector Average 69%
Sector Average 69%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-89.42%
12-Months-Change
Fundamentals
Return on Equity
-11.38%
Trailing 12-Months
Asset Growth
-7.33%
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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2ED Company Deck
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2ED Earnings Call
Q1 2024
0:00 / 0:00
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2ED 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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2ED Stock 12 Month Forecast
Average Price Target
€38.14
▲(60.85% Upside)
Technical Analysis
Best Analysts Covering 2ED
1 Year
1 Year Success Rate
23/37 ratings generated profit
1 Year Average Return
+55.11%
reiterated a buy rating 3 months ago
Copying Jeff Osborne's trades and holding each position for 1 Year would result in 62.16% of your transactions generating a profit, with an average return of +55.11% per trade.
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