Throughout the last three months, 25 analysts have evaluated SolarEdge Technologies SEDG, offering a diverse set of opinions from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 3 | 15 | 2 | 1 |
| Last 30D | 0 | 0 | 2 | 0 | 0 |
| 1M Ago | 0 | 2 | 3 | 0 | 0 |
| 2M Ago | 2 | 0 | 9 | 1 | 1 |
| 3M Ago | 2 | 1 | 1 | 1 | 0 |
Analysts have set 12-month price targets for SolarEdge Technologies, revealing an average target of $62.92, a high estimate of $124.00, and a low estimate of $25.00. This current average represents a 18.41% decrease from the previous average price target of $77.12.
Analyzing Analyst Ratings: A Detailed Breakdown
The perception of SolarEdge Technologies by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Kashy Harrison | Piper Sandler | Lowers | Neutral | $25.00 | $53.00 |
| Andrew Percoco | Morgan Stanley | Lowers | Equal-Weight | $41.00 | $83.00 |
| Tristan Richardson | Scotiabank | Lowers | Sector Perform | $46.00 | $72.00 |
| Austin Moeller | Canaccord Genuity | Lowers | Hold | $38.00 | $58.00 |
| Mark Strouse | JP Morgan | Lowers | Overweight | $49.00 | $59.00 |
| Mark Strouse | JP Morgan | Lowers | Overweight | $59.00 | $73.00 |
| Chris Dendrinos | RBC Capital | Maintains | Sector Perform | $71.00 | $71.00 |
| Praneeth Satish | Wells Fargo | Lowers | Equal-Weight | $62.00 | $81.00 |
| Biju Perincheril | Susquehanna | Lowers | Neutral | $56.00 | $92.00 |
| Corinne Blanchard | Deutsche Bank | Lowers | Hold | $55.00 | $75.00 |
| Maheep Mandloi | Mizuho | Lowers | Buy | $84.00 | $104.00 |
| Julien Dumoulin-Smith | B of A Securities | Lowers | Underperform | $44.00 | $54.00 |
| Austin Moeller | Canaccord Genuity | Lowers | Hold | $58.00 | $75.00 |
| Vikram Bagri | Citigroup | Lowers | Neutral | $71.00 | $83.00 |
| Chris Dendrinos | RBC Capital | Lowers | Sector Perform | $71.00 | $74.00 |
| Jeffrey Osborne | TD Cowen | Lowers | Buy | $80.00 | $85.00 |
| Ameet Thakkar | BMO Capital | Lowers | Market Perform | $56.00 | $73.00 |
| Philip Shen | Roth MKM | Lowers | Neutral | $55.00 | $60.00 |
| Brian Lee | Goldman Sachs | Lowers | Sell | $49.00 | $64.00 |
| Philip Shen | Roth MKM | Lowers | Neutral | $60.00 | $76.00 |
| Christopher Souther | B. Riley Securities | Lowers | Buy | $124.00 | $133.00 |
| Maheep Mandloi | Mizuho | Lowers | Buy | $104.00 | $106.00 |
| Markus Leistner | DZ Bank | Announces | Hold | $62.00 | - |
| Christine Cho | Barclays | Raises | Underweight | $61.00 | $50.00 |
| Biju Perincheril | Susquehanna | Lowers | Positive | $92.00 | $97.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to SolarEdge Technologies. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of SolarEdge Technologies compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for SolarEdge Technologies's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of SolarEdge Technologies's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on SolarEdge Technologies analyst ratings.
If you are interested in following small-cap stock news and performance you can start by tracking it here.
Unveiling the Story Behind SolarEdge Technologies
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers.
SolarEdge Technologies: Delving into Financials
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Challenges: SolarEdge Technologies's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -78.34%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: SolarEdge Technologies's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -76.96%, the company may face hurdles in effective cost management.
Return on Equity (ROE): SolarEdge Technologies's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -6.76%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): SolarEdge Technologies's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -3.59%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.33.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
