SolarEdge Technologies (NASDAQ:SEDG) Price Target Raised to $28.00 at Deutsche Bank Aktiengesellschaft

SolarEdge Technologies (NASDAQ:SEDG) had its price objective raised by Deutsche Bank Aktiengesellschaft from $19.00 to $28.00 in a report published on Wednesday morning,MarketScreener reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the semiconductor company’s stock.

A number of other research analysts have also commented on the company. Wall Street Zen raised SolarEdge Technologies from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Barclays raised shares of SolarEdge Technologies from an “underweight” rating to an “equal weight” rating and boosted their target price for the company from $12.00 to $29.00 in a research report on Monday, July 14th. Roth Capital raised their price target on shares of SolarEdge Technologies from $15.00 to $25.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 5th. Mizuho lifted their price objective on shares of SolarEdge Technologies from $18.00 to $29.00 and gave the stock a “neutral” rating in a research note on Monday, July 14th. Finally, The Goldman Sachs Group boosted their price objective on shares of SolarEdge Technologies from $27.00 to $31.00 and gave the company a “neutral” rating in a report on Thursday, September 11th. Eighteen equities research analysts have rated the stock with a Hold rating and eleven have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $18.92.

SolarEdge Technologies Trading Down 4.5%

SEDG stock opened at $36.24 on Wednesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.94 and a quick ratio of 1.42. The company has a fifty day moving average price of $31.51 and a two-hundred day moving average price of $22.99. SolarEdge Technologies has a one year low of $10.24 and a one year high of $40.50. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of -1.21 and a beta of 1.58.

SolarEdge Technologies (NASDAQ:SEDG) last released its quarterly earnings data on Thursday, August 7th. The semiconductor company reported ($0.81) EPS for the quarter, hitting analysts’ consensus estimates of ($0.81). SolarEdge Technologies had a negative net margin of 177.64% and a negative return on equity of 191.53%. The firm had revenue of $289.43 million during the quarter, compared to analysts’ expectations of $270.03 million. During the same period in the previous year, the business posted ($1.79) earnings per share. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. SolarEdge Technologies has set its Q3 2025 guidance at EPS. Equities analysts anticipate that SolarEdge Technologies will post -4.54 EPS for the current year.

Hedge Funds Weigh In On SolarEdge Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in shares of SolarEdge Technologies by 5.1% during the 3rd quarter. GAMMA Investing LLC now owns 6,207 shares of the semiconductor company’s stock worth $230,000 after acquiring an additional 302 shares during the period. Marex Group plc bought a new stake in SolarEdge Technologies during the second quarter worth $518,000. Element Pointe Advisors LLC acquired a new stake in shares of SolarEdge Technologies in the 2nd quarter valued at $339,000. Public Sector Pension Investment Board boosted its holdings in shares of SolarEdge Technologies by 9.6% in the 2nd quarter. Public Sector Pension Investment Board now owns 201,340 shares of the semiconductor company’s stock valued at $4,107,000 after purchasing an additional 17,564 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in shares of 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 valued at $51,000 after purchasing an additional 553 shares during the last quarter. 95.10% of the stock is currently owned by institutional investors and hedge funds.

About SolarEdge Technologies

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.