19 Analysts Assess SolarEdge Technologies: What You Need To Know

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19 analysts have shared their evaluations of SolarEdge Technologies SEDG during the recent three months, expressing a mix of bullish and bearish perspectives.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 1 10 4 3
Last 30D 0 1 0 0 0
1M Ago 1 0 4 1 1
2M Ago 0 0 0 0 1
3M Ago 0 0 6 3 1

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $12.78, along with a high estimate of $21.00 and a low estimate of $3.90. A decline of 25.74% from the prior average price target is evident in the current average.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

A clear picture of SolarEdge Technologies's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Mark Strouse JP Morgan Lowers Overweight $19.00 $21.00
Jordan Levy Truist Securities Lowers Hold $14.00 $15.00
Christine Cho Barclays Raises Underweight $10.00 $7.00
Michael Blum Wells Fargo Lowers Equal-Weight $15.00 $19.00
Vikram Bagri Citigroup Lowers Sell $9.00 $12.00
Austin Moeller Canaccord Genuity Raises Hold $18.00 $16.00
Michael Blum Wells Fargo Raises Equal-Weight $19.00 $15.00
Brian Lee Goldman Sachs Raises Buy $21.00 $19.00
Gordon Johnson GLJ Research Maintains Sell $3.90 $3.90
Christine Cho Barclays Lowers Underweight $7.00 $17.00
Andrew Percoco Morgan Stanley Lowers Underweight $9.00 $23.00
Jon Windham UBS Lowers Neutral $18.00 $26.00
Jordan Levy Truist Securities Lowers Hold $15.00 $20.00
Jeffrey Osborne TD Cowen Lowers Hold $11.00 $16.00
Ameet Thakkar BMO Capital Lowers Market Perform $12.00 $21.00
Brian Lee Goldman Sachs Lowers Sell $10.00 $19.00
Philip Shen Roth MKM Lowers Neutral $12.00 $20.00
Biju Perincheril Susquehanna Lowers Neutral $11.00 $20.00
Kashy Harrison Piper Sandler Lowers Underweight $9.00 $17.00

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: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of SolarEdge Technologies compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of SolarEdge Technologies's stock. This comparison reveals trends in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of SolarEdge Technologies's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on SolarEdge Technologies analyst ratings.

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All You Need to Know About 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.

Financial Milestones: SolarEdge Technologies's Journey

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: SolarEdge Technologies's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -64.03%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: SolarEdge Technologies's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -461.98%, the company may face hurdles in effective cost management.

Return on Equity (ROE): SolarEdge Technologies's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -78.71%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): SolarEdge Technologies's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -35.64%, the company may face hurdles in achieving optimal financial returns.

Debt Management: With a high debt-to-equity ratio of 0.79, SolarEdge Technologies faces challenges in effectively managing its debt levels, indicating potential financial strain.

How Are Analyst Ratings Determined?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

Which Stocks Are Analysts Recommending Now?

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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