UBS Group Boosts SolarEdge Technologies (NASDAQ:SEDG) Price Target to $40.00

SolarEdge Technologies (NASDAQ:SEDG) had its target price lifted by equities research analysts at UBS Group from $30.00 to $40.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “neutral” rating on the semiconductor company’s stock. UBS Group’s target price points to a potential upside of 7.32% from the company’s previous close.

Other research analysts have also issued research reports about the stock. JPMorgan Chase & Co. increased their price target on shares of SolarEdge Technologies from $27.00 to $29.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. The Goldman Sachs Group raised their target price on SolarEdge Technologies from $27.00 to $31.00 and gave the stock a “neutral” rating in a research report on Thursday, September 11th. Barclays upped their price target on SolarEdge Technologies from $29.00 to $36.00 and gave the company an “equal weight” rating in a research report on Thursday, October 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of SolarEdge Technologies in a report on Wednesday, October 8th. Finally, Morgan Stanley upped their target price on shares of SolarEdge Technologies from $25.00 to $27.00 and gave the stock an “underweight” rating in a report on Thursday, November 6th. Eighteen equities research analysts have rated the stock with a Hold rating and ten have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $24.62.

SolarEdge Technologies Stock Performance

SEDG traded up $0.85 on Friday, hitting $37.27. 2,389,885 shares of the stock traded hands, compared to its average volume of 4,681,560. The business has a fifty day moving average price of $36.70 and a two-hundred day moving average price of $27.83. The company has a current ratio of 1.94, a quick ratio of 1.42 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $2.23 billion, a PE ratio of -1.25 and a beta of 1.63. SolarEdge Technologies has a 52 week low of $10.24 and a 52 week high of $48.60.

SolarEdge Technologies (NASDAQ:SEDG) last issued its earnings results on Wednesday, November 5th. The semiconductor company reported ($0.31) EPS for the quarter, topping the consensus estimate of ($0.43) by $0.12. The firm had revenue of $339.70 million during the quarter, compared to analysts’ expectations of $331.13 million. SolarEdge Technologies had a negative return on equity of 191.53% and a negative net margin of 177.64%.SolarEdge Technologies’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period last year, the business earned ($15.33) earnings per share. SolarEdge Technologies has set its Q4 2025 guidance at EPS. On average, research analysts predict that SolarEdge Technologies will post -4.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of SEDG. Accent Capital Management LLC bought a new position in SolarEdge Technologies in the third quarter valued at approximately $25,000. Hantz Financial Services Inc. boosted its position in shares of SolarEdge Technologies by 352.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 733 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 571 shares during the last quarter. Whittier Trust Co. acquired a new stake in shares of SolarEdge Technologies during the third quarter worth $27,000. Edmond DE Rothschild Holding S.A. increased its holdings in SolarEdge Technologies by 60.0% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 1,600 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 600 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in SolarEdge Technologies during the second quarter worth about $35,000. Institutional investors own 95.10% of the company’s stock.

SolarEdge Technologies Company Profile

SolarEdge Technologies, Inc, together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.