SolarEdge Technologies (NASDAQ:SEDG) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen downgraded shares of SolarEdge Technologies (NASDAQ:SEDG) from a hold rating to a sell rating in a research note released on Saturday,Wall Street Zen reports.

Other research analysts have also issued reports about the company. Barclays cut their price objective on SolarEdge Technologies from $53.00 to $37.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 6th. Wells Fargo & Company initiated coverage on SolarEdge Technologies in a research note on Monday, June 29th. They issued an “equal weight” rating and a $36.00 target price for the company. Royal Bank Of Canada increased their target price on SolarEdge Technologies from $24.00 to $30.00 and gave the company a “sector perform” rating in a research note on Friday, September 11th. JPMorgan Chase & Co. raised their target price on SolarEdge Technologies from $37.00 to $44.00 and gave the company a “neutral” rating in a report on Friday, September 11th. Finally, Susquehanna reduced their price target on SolarEdge Technologies from $56.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. Two investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, SolarEdge Technologies has an average rating of “Reduce” and an average price target of $39.20.

SolarEdge Technologies Price Performance

SEDG opened at $33.09 on Friday. The company has a quick ratio of 1.38, a current ratio of 2.03 and a debt-to-equity ratio of 0.85. SolarEdge Technologies has a 52-week low of $28.21 and a 52-week high of $81.25. The company has a 50 day moving average of $34.42 and a two-hundred day moving average of $45.88. The company has a market cap of $2.04 billion, a P/E ratio of -7.35 and a beta of 1.44.

SolarEdge Technologies (NASDAQ:SEDG) last issued its earnings results on Wednesday, August 5th. The semiconductor company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.07. SolarEdge Technologies had a negative net margin of 20.29% and a negative return on equity of 29.17%. The business had revenue of $346.20 million for the quarter, compared to the consensus estimate of $341.15 million. During the same quarter last year, the firm posted ($0.81) EPS. The business’s revenue for the quarter was up 19.6% compared to the same quarter last year. On average, analysts expect that SolarEdge Technologies will post -1.27 earnings per share for the current year.

Institutional Trading of SolarEdge Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in SEDG. Allworth Financial LP bought a new position in SolarEdge Technologies during the 2nd quarter valued at $31,000. Nykredit A S bought a new stake in shares of SolarEdge Technologies in the 2nd quarter worth about $36,000. Public Employees Retirement System of Ohio acquired a new stake in shares of SolarEdge Technologies in the 2nd quarter valued at about $72,000. State of Wyoming raised its stake in shares of SolarEdge Technologies by 32.9% in the 1st quarter. State of Wyoming now owns 1,237 shares of the semiconductor company’s stock valued at $63,000 after purchasing an additional 306 shares in the last quarter. Finally, EFG International AG bought a new position in shares of SolarEdge Technologies during the second quarter worth about $123,000. Institutional investors own 95.10% of the company’s stock.

Key Headlines Impacting SolarEdge Technologies

Here are the key news stories impacting SolarEdge Technologies this week:

• Positive Sentiment: SolarEdge shares recently advanced despite a weaker overall market, suggesting some short-term buying interest. SolarEdge Technologies Increases Despite Market Slip
• Neutral Sentiment: The company’s latest reported quarter showed improving fundamentals: revenue rose 19.6% year over year to $346.2 million and adjusted EPS of $0.05 exceeded analysts’ expectations. However, SolarEdge remains unprofitable, with analysts expecting a full-year loss.
• Negative Sentiment: Northland Securities lowered its SolarEdge earnings forecasts across multiple periods. Estimates were reduced to losses of $0.34 per share for Q4 2026, $1.58 for full-year 2026, and $1.14 for full-year 2027, compared with previous forecasts of $0.20, $1.44, and $0.72, respectively. Quarterly 2027 estimates were also cut, including Q1 EPS to a $0.50 loss from a $0.36 loss and Q4 EPS to a $0.12 loss from a $0.04 loss. The revisions indicate expectations for a slower or more difficult return to profitability.
• Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of SolarEdge investors. Although the announcement did not provide specific allegations, the inquiry adds legal and reputational uncertainty for the company. Pomerantz Investor Alert

SolarEdge Technologies Company Profile

SolarEdge Technologies, Inc (NASDAQ: SEDG) develops technologies for generating, storing and managing solar energy. The company is best known for its power optimizer and inverter architecture, which is designed to improve energy harvesting from photovoltaic panels and provide monitoring and control at the module level.

Its product portfolio includes power optimizers, residential and commercial inverters, battery-storage systems, backup-power solutions, electric-vehicle charging equipment and energy-management software.