SolarEdge Technologies (NASDAQ:SEDG) Coverage Initiated by Analysts at Raymond James Financial

Stock analysts at Raymond James Financial began coverage on shares of SolarEdge Technologies (NASDAQ:SEDG) in a report released on Tuesday,Benzinga reports. The brokerage set a “market perform” rating on the semiconductor company’s stock.

Other equities analysts have also recently issued reports about the company. TD Cowen upgraded SolarEdge Technologies from a “hold” rating to a “buy” rating and raised their target price for the stock from $34.00 to $38.00 in a research report on Friday. Royal Bank Of Canada increased their price objective on SolarEdge Technologies from $25.00 to $34.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 6th. Wells Fargo & Company reduced their target price on shares of SolarEdge Technologies from $42.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Friday, December 19th. Susquehanna increased their target price on shares of SolarEdge Technologies from $25.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, October 13th. Finally, BMO Capital Markets lifted their price target on shares of SolarEdge Technologies from $19.00 to $25.00 and gave the company an “underperform” rating in a report on Thursday, November 6th. One equities research analyst has rated the stock with a Buy rating, nineteen have assigned a Hold rating and nine have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $24.62.

SolarEdge Technologies Stock Performance

NASDAQ:SEDG opened at $35.31 on Tuesday. The firm has a market capitalization of $2.11 billion, a PE ratio of -3.65 and a beta of 1.66. The company has a quick ratio of 1.60, a current ratio of 2.28 and a debt-to-equity ratio of 0.78. SolarEdge Technologies has a 12-month low of $11.00 and a 12-month high of $48.60. The firm has a 50-day moving average price of $33.04 and a 200 day moving average price of $32.12.

Institutional Investors Weigh In On SolarEdge Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SEDG. Miller Global Investments LLC acquired a new position in shares of SolarEdge Technologies during the fourth quarter worth approximately $104,000. Saranac Partners Ltd bought a new position in SolarEdge Technologies in the 3rd quarter worth approximately $28,000. Cantor Fitzgerald L. P. bought a new position in SolarEdge Technologies in the 3rd quarter worth approximately $370,000. BlueCrest Capital Management Ltd acquired a new position in SolarEdge Technologies during the 3rd quarter worth $2,547,000. Finally, CIBC Bancorp USA Inc. bought a new position in SolarEdge Technologies in the 3rd quarter valued at $468,000. Institutional investors and hedge funds own 95.10% of the company’s stock.

SolarEdge Technologies Company Profile

SolarEdge Technologies (NASDAQ: SEDG) is a global provider of solar energy solutions focused on optimizing photovoltaic (PV) power generation. The company’s core offerings include power optimizers, inverters and cloud-based monitoring platforms designed to maximize energy output and improve safety across residential, commercial and utility-scale installations. By coupling module-level electronics with centralized inverters, SolarEdge’s technology enables real-time performance monitoring and rapid fault detection to enhance system reliability.

In recent years, SolarEdge has expanded its product portfolio beyond solar PV to include energy storage systems, electric vehicle (EV) charging solutions and smart energy management tools.