SolarEdge Technologies (NASDAQ:SEDG) Price Target Raised to $30.00

SolarEdge Technologies (NASDAQ:SEDG) had its price objective boosted by Citigroup from $29.00 to $30.00 in a research note issued to investors on Tuesday morning,Benzinga reports. Citigroup currently has a sell rating on the semiconductor company’s stock.

A number of other research firms have also recently weighed in on SEDG. Weiss Ratings restated a “sell (d-)” rating on shares of SolarEdge Technologies in a report on Monday, December 29th. Bank of America upgraded shares of SolarEdge Technologies from an “underperform” rating to a “neutral” rating and raised their price target for the company from $17.00 to $40.00 in a report on Tuesday, March 10th. Wells Fargo & Company raised their price target on shares of SolarEdge Technologies from $33.00 to $36.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. TD Cowen raised their price target on shares of SolarEdge Technologies from $38.00 to $43.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Finally, Jefferies Financial Group upgraded shares of SolarEdge Technologies from an “underperform” rating to a “hold” rating and raised their price target for the company from $30.00 to $49.00 in a report on Friday, March 20th. One investment analyst has rated the stock with a Buy rating, seventeen have issued a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $29.90.

SolarEdge Technologies Stock Up 11.2%

NASDAQ:SEDG opened at $47.36 on Tuesday. SolarEdge Technologies has a fifty-two week low of $11.45 and a fifty-two week high of $53.75. The stock has a market capitalization of $2.88 billion, a P/E ratio of -6.88 and a beta of 1.35. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.48 and a current ratio of 2.17. The company’s 50-day simple moving average is $41.84 and its 200-day simple moving average is $36.90.

SolarEdge Technologies (NASDAQ:SEDG) last released its quarterly earnings results on Thursday, February 26th. The semiconductor company reported ($0.14) earnings per share for the quarter. SolarEdge Technologies had a negative net margin of 34.23% and a negative return on equity of 45.54%. The firm had revenue of $333.80 million during the quarter. On average, equities analysts anticipate that SolarEdge Technologies will post -0.97 earnings per share for the current fiscal year.

Hedge Funds Weigh In On SolarEdge Technologies

Several hedge funds and other institutional investors have recently modified their holdings of the stock. UBS Group AG raised its position in shares of SolarEdge Technologies by 18.5% in the 4th quarter. UBS Group AG now owns 4,210,429 shares of the semiconductor company’s stock valued at $121,471,000 after purchasing an additional 655,925 shares during the last quarter. Vanguard Group Inc. raised its position in shares of SolarEdge Technologies by 5.5% in the 4th quarter. Vanguard Group Inc. now owns 3,368,073 shares of the semiconductor company’s stock valued at $97,169,000 after purchasing an additional 175,582 shares during the last quarter. Invesco Ltd. raised its position in shares of SolarEdge Technologies by 28.6% in the 4th quarter. Invesco Ltd. now owns 2,169,822 shares of the semiconductor company’s stock valued at $62,599,000 after purchasing an additional 483,052 shares during the last quarter. Menora Mivtachim Holdings LTD. raised its position in shares of SolarEdge Technologies by 41.1% in the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 2,103,521 shares of the semiconductor company’s stock valued at $77,830,000 after purchasing an additional 612,884 shares during the last quarter. Finally, Electron Capital Partners LLC raised its position in shares of SolarEdge Technologies by 107.8% in the 3rd quarter. Electron Capital Partners LLC now owns 1,732,566 shares of the semiconductor company’s stock valued at $64,105,000 after purchasing an additional 898,802 shares during the last quarter. 95.10% of the stock is owned by hedge funds and other institutional investors.

More SolarEdge Technologies News

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

• Positive Sentiment: Legal settlement progress may remove a long-running overhang and triggered relief buying and short-covering, amplifying the rally. Read More.
• Positive Sentiment: Product catalyst — SolarEdge launched a higher-capacity commercial storage system for Europe and Asia, supporting revenue growth opportunity in commercial storage markets. Read More.
• Positive Sentiment: Analyst/upside support — JP Morgan raised its price target (positive signal from a major bank) and other analysts have recently revisited coverage, helping sentiment. Read More.
• Positive Sentiment: Citigroup commentary flagged upside potential, adding to bullish analyst chatter that may lift demand. Read More.
• Neutral Sentiment: UBS moved SEDG to a Hold — a neutral stance that tempers but does not significantly change the buy-side narrative. Read More.
• Neutral Sentiment: Market/flow signals: unusually large options activity and recent hedge-fund repositioning have increased intraday volatility and could be driving speculative trading. Read More.
• Negative Sentiment: BMO Capital issued a Sell/Underperform, which could keep downside pressure if other sell-side firms follow. Read More.
• Negative Sentiment: The $55M settlement, while removing uncertainty, still represents a meaningful cash cost and stems from allegations about past disclosures and demand — a reputational and financial headwind to monitor. Read More.

About SolarEdge Technologies

SolarEdge Technologies (NASDAQ: SEDG) is a global provider of solar energy solutions focused on optimizing photovoltaic (PV) power generation. The company’s core offerings include power optimizers, inverters and cloud-based monitoring platforms designed to maximize energy output and improve safety across residential, commercial and utility-scale installations. By coupling module-level electronics with centralized inverters, SolarEdge’s technology enables real-time performance monitoring and rapid fault detection to enhance system reliability.

In recent years, SolarEdge has expanded its product portfolio beyond solar PV to include energy storage systems, electric vehicle (EV) charging solutions and smart energy management tools.