SolarEdge Technologies (NASDAQ:SEDG – Get Free Report) released its earnings results on Wednesday. The semiconductor company reported ($0.31) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.43) by $0.12, Briefing.com reports. SolarEdge Technologies had a negative return on equity of 191.53% and a negative net margin of 177.64%.The business had revenue of $339.70 million for the quarter, compared to analyst estimates of $331.13 million. During the same quarter last year, the firm posted ($15.33) earnings per share. The business’s revenue was up 30.4% compared to the same quarter last year. SolarEdge Technologies updated its Q4 2025 guidance to EPS.
SolarEdge Technologies Stock Up 2.9%
Shares of NASDAQ SEDG traded up $1.12 during midday trading on Friday, reaching $40.00. 5,163,923 shares of the company’s stock traded hands, compared to its average volume of 4,677,139. The company has a market cap of $2.38 billion, a price-to-earnings ratio of -1.34 and a beta of 1.63. The stock’s 50 day simple moving average is $35.98 and its 200-day simple moving average is $27.00. The company has a quick ratio of 1.42, a current ratio of 1.94 and a debt-to-equity ratio of 0.72. SolarEdge Technologies has a one year low of $10.24 and a one year high of $41.92.
Wall Street Analyst Weigh In
A number of research firms have recently commented on SEDG. Morgan Stanley upped their price target on shares of SolarEdge Technologies from $25.00 to $27.00 and gave the stock an “underweight” rating in a report on Thursday. UBS Group boosted their price objective on shares of SolarEdge Technologies from $20.00 to $30.00 and gave the company a “neutral” rating in a research report on Tuesday, August 19th. Susquehanna raised 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. Jefferies Financial Group lifted their price target on shares of SolarEdge Technologies from $10.00 to $18.00 and gave the company an “underperform” rating in a research note on Monday, July 14th. Finally, BMO Capital Markets boosted their price target on SolarEdge Technologies from $19.00 to $25.00 and gave the company an “underperform” rating in a report on Thursday. Eighteen research analysts have rated the stock with a Hold rating and ten have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $24.20.
Institutional Trading of SolarEdge Technologies
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Public Sector Pension Investment Board boosted its holdings in SolarEdge Technologies by 9.6% in the second quarter. Public Sector Pension Investment Board now owns 201,340 shares of the semiconductor company’s stock worth $4,107,000 after acquiring an additional 17,564 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in SolarEdge Technologies by 28.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,481 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 553 shares in the last quarter. State of Tennessee Department of Treasury boosted its stake in SolarEdge Technologies by 82.4% in the 2nd quarter. State of Tennessee Department of Treasury now owns 25,317 shares of the semiconductor company’s stock worth $516,000 after purchasing an additional 11,436 shares in the last quarter. Tidal Investments LLC grew its position in SolarEdge Technologies by 1.2% during the 2nd quarter. Tidal Investments LLC now owns 42,411 shares of the semiconductor company’s stock worth $865,000 after purchasing an additional 484 shares during the last quarter. Finally, Oxford Asset Management LLP acquired a new position in SolarEdge Technologies during the 2nd quarter valued at approximately $219,000. 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.
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