SolarEdge Technologies (NASDAQ:SEDG) Price Target Cut to $12.00 by Analysts at Susquehanna

Market Beat
2025.04.16 15:46
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Susquehanna has lowered its price target for SolarEdge Technologies (NASDAQ:SEDG) from $17.00 to $12.00, maintaining a "neutral" rating. This indicates a potential downside of 13.11% from the previous close. Other analysts have varied opinions, with Jefferies setting a target of $12.00 and a rating of "underperform," while Goldman Sachs raised its target to $31.00 with a "buy" rating. The average consensus target price is $21.61, with a current trading price of $13.81.

SolarEdge Technologies (NASDAQ:SEDG - Get Free Report) had its price target lowered by stock analysts at Susquehanna from $17.00 to $12.00 in a report released on Monday,Benzinga reports. The brokerage presently has a "neutral" rating on the semiconductor company's stock. Susquehanna's price target would indicate a potential downside of 13.11% from the company's previous close.

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SEDG has been the subject of a number of other reports. Jefferies Financial Group increased their target price on shares of SolarEdge Technologies from $9.00 to $12.00 and gave the company an "underperform" rating in a research report on Friday, February 21st. BMO Capital Markets downgraded SolarEdge Technologies from a "market perform" rating to an "underperform" rating and raised their target price for the stock from $13.00 to $15.00 in a research report on Thursday, February 20th. The Goldman Sachs Group increased their price target on SolarEdge Technologies from $21.00 to $31.00 and gave the stock a "buy" rating in a research note on Thursday, February 20th. Canaccord Genuity Group boosted their price objective on SolarEdge Technologies from $18.00 to $19.00 and gave the company a "hold" rating in a research note on Thursday, February 20th. Finally, Glj Research raised shares of SolarEdge Technologies from a "strong sell" rating to a "strong-buy" rating in a research report on Tuesday, December 17th. Ten investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $21.61.

Get Our Latest Analysis on SEDG

SolarEdge Technologies Stock Performance

  • MarketBeat Week in Review – 12/16 - 12/20

Shares of NASDAQ:SEDG traded up $1.05 during midday trading on Monday, reaching $13.81. The company had a trading volume of 1,635,415 shares, compared to its average volume of 4,177,032. SolarEdge Technologies has a 52-week low of $10.24 and a 52-week high of $65.29. The company's 50 day moving average price is $15.80 and its 200 day moving average price is $15.44. The company has a current ratio of 1.95, a quick ratio of 1.46 and a debt-to-equity ratio of 0.56. The stock has a market cap of $811.79 million, a P/E ratio of -0.44 and a beta of 1.63.

Insider Transactions at SolarEdge Technologies

In related news, Chairman More Avery bought 30,000 shares of the stock in a transaction dated Tuesday, March 4th. The stock was bought at an average price of $13.70 per share, with a total value of $411,000.00. Following the purchase, the chairman now owns 274,478 shares in the company, valued at approximately $3,760,348.60. The trade was a 12.27 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.67% of the company's stock.

Hedge Funds Weigh In On SolarEdge Technologies

  • SolarEdge Stock Climbs Back: Goldman Sachs Sees 40% Upside

A number of large investors have recently bought and sold shares of SEDG. Millstone Evans Group LLC bought a new position in shares of SolarEdge Technologies in the fourth quarter worth approximately $27,000. Jones Financial Companies Lllp grew its holdings in SolarEdge Technologies by 401.2% in the 4th quarter. Jones Financial Companies Lllp now owns 2,441 shares of the semiconductor company's stock worth $33,000 after acquiring an additional 1,954 shares during the last quarter. Y.D. More Investments Ltd increased its position in shares of SolarEdge Technologies by 251.8% in the fourth quarter. Y.D. More Investments Ltd now owns 3,870 shares of the semiconductor company's stock valued at $53,000 after acquiring an additional 2,770 shares during the period. R Squared Ltd bought a new position in shares of SolarEdge Technologies during the fourth quarter valued at about $61,000. Finally, GAMMA Investing LLC boosted its holdings in shares of SolarEdge Technologies by 655.2% during the fourth quarter. GAMMA Investing LLC now owns 5,264 shares of the semiconductor company's stock worth $72,000 after purchasing an additional 4,567 shares during the period. 95.10% of the stock is owned by hedge funds and other institutional investors.

About SolarEdge Technologies

(Get Free Report)

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.

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