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SolarEdge Technologies (SEDG)
NASDAQ:SEDG
SolarEdge Technologies (SEDG) Stock Price & Analysis
5,140 Followers
SEDG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$23.51 - $288.87
Previous Close$31.65
Volume9.40M
Average Volume (3M)3.66M
Market Cap
$1.81B
Enterprise Value$1.67B
Total Cash (Recent Filing)$860.04M
Total Debt (Recent Filing)$714.34M
Price to Earnings (P/E)―
Beta2.39
Next Earnings
Jul 30, 2024EPS Estimate
-$1.53Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-4.66
Shares Outstanding57,299,404
10 Day Avg. Volume3,358,251
30 Day Avg. Volume3,662,075
Standard Deviation0.18
R-Squared0.23
Alpha-0.00520
Financial Highlights & Ratios
Price to Book (P/B)0.81
Price to Sales (P/S)0.64
Price to Cash Flow (P/CF)-3.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.56
Enterprise Value/Gross Profit2.37
Enterprise Value/Ebitda10.26
Forecast
1Y Price Target
$49.95Price Target Upside86.45% Upside
Rating ConsensusHold
Number of Analyst Covering25
SolarEdge Technologies News
Bulls Say, Bears Say
Bulls Say
Market ExpansionSolarEdge’s inverters may be the easiest way for projects to qualify for the credit, potentially doubling its market share in US C&I.
Production CapacityManagement expects the Seminole factory to reach a quarterly run-rate of 2M power optimizers once it hits full capacity.
Revenue GrowthAnalyst recommends reiterating 2Q24 revenue and margin targets, which was a positive surprise.
Bears Say
Demand OutlookThe European market continues to face substantial inventory headwinds, compounded by weaker end-demand in the U.S.
Financial PerformanceConcerns about existential crisis for the company are prevalent, with management needing to sharply reduce inventory to dispel fears about inventory being obsolete and reduce the risk of another convert.
ProfitabilitySEDG's profitability will remain challenged without a recovery in demand, resulting in minimal equity value if current revenue trends continue.
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Ownership Overview
28.68% Insiders
27.44% Mutual Funds
24.80% Other Institutional Investors
19.08% 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 $23.51 and its highest was $288.87 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 Jul 30, 2024 which is in 3 days.
How were SolarEdge Technologies’s earnings last quarter?
SolarEdge Technologies released its earnings results on May 08, 2024. The company reported -$1.9 earnings per share for the quarter, missing the consensus estimate of -$1.553 by -$0.347.
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 -$1.53.
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 -$1.9 in its last earnings report, missing expectations of -$1.553. Following the earnings report the stock price went down -8.48%.
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:
$49.95 (86.45% Upside)
$49.95 (86.45% Upside)
Blogger Sentiment
Neutral
SEDG Sentiment 52%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 679.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days <0.1%
Last 30 Days <0.1%
Last 30 Days <0.1%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-88.31%
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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SEDG Company Deck
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SEDG Earnings Call
Q1 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
$49.95
▲(86.45% Upside)
Technical Analysis
Best Analysts Covering SEDG
1 Year
1 Year Success Rate
23/37 ratings generated profit
1 Year Average Return
+56.33%
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 +56.33% per trade.
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