SolarEdge Technologies (NASDAQ:SEDG – Free Report) had its price target boosted by Royal Bank Of Canada from $24.00 to $30.00 in a research report released on Friday,Benzinga reports. Royal Bank Of Canada currently has a sector perform rating on the semiconductor company’s stock.
A number of other equities analysts have also recently weighed in on the company. TD Cowen decreased their price target on SolarEdge Technologies from $85.00 to $75.00 and set a “buy” rating for the company in a report on Monday, July 20th. Glj Research reiterated a “sell” rating on shares of SolarEdge Technologies in a research note on Thursday, June 11th. The Goldman Sachs Group reduced their target price on shares of SolarEdge Technologies from $34.00 to $30.00 and set a “sell” rating on the stock in a research report on Thursday, August 6th. Barclays decreased their target price on shares of SolarEdge Technologies from $53.00 to $37.00 and set an “equal weight” rating for the company in a research note on Thursday, August 6th. Finally, Wells Fargo & Company assumed coverage on shares of SolarEdge Technologies in a research note on Monday, June 29th. They set an “equal weight” rating and a $36.00 price target on the stock. Two analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and five 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 price target of $39.00.
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SolarEdge Technologies Stock Performance
SolarEdge Technologies (NASDAQ:SEDG – Get Free Report) last posted its earnings results on Wednesday, August 5th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.07. The business had revenue of $346.20 million during the quarter, compared to analyst estimates of $341.15 million. SolarEdge Technologies had a negative return on equity of 29.17% and a negative net margin of 20.29%.The company’s revenue for the quarter was up 19.6% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.81) earnings per share. Equities analysts forecast that SolarEdge Technologies will post -1.23 earnings per share for the current fiscal year.
Hedge Funds Weigh In On SolarEdge Technologies
A number of institutional investors have recently made changes to their positions in SEDG. California State Teachers Retirement System boosted its stake in shares of SolarEdge Technologies by 5,939.4% during the 2nd quarter. California State Teachers Retirement System now owns 4,021,549 shares of the semiconductor company’s stock valued at $235,019,000 after buying an additional 3,954,960 shares during the last quarter. UBS Group AG increased its stake in shares of SolarEdge Technologies by 234.8% in the third quarter. UBS Group AG now owns 3,554,504 shares of the semiconductor company’s stock worth $131,517,000 after buying an additional 2,492,776 shares during the last quarter. Legal & General Group Plc bought a new stake in shares of SolarEdge Technologies in the second quarter worth $76,095,000. Clal Insurance Enterprises Holdings Ltd acquired a new stake in SolarEdge Technologies in the second quarter valued at $55,514,000. Finally, Electron Capital Partners LLC raised its holdings in SolarEdge Technologies by 107.8% in the third quarter. Electron Capital Partners LLC now owns 1,732,566 shares of the semiconductor company’s stock valued at $64,105,000 after acquiring an additional 898,802 shares in the last quarter. 95.10% of the stock is owned by institutional investors and hedge funds.
Key SolarEdge Technologies News
Here are the key news stories impacting SolarEdge Technologies this week:
- Positive Sentiment: JPMorgan raised its price target from $37 to $44 while maintaining a neutral rating, citing potential upside relative to recent trading levels.
- Positive Sentiment: Mizuho lifted its target from $38 to $40 and kept a neutral rating, suggesting some analysts see value in the shares following their recent weakness.
- Positive Sentiment: SolarEdge’s Investor Day outlined a goal of approximately $2.4 billion in revenue by 2029, alongside plans to expand into power infrastructure for artificial-intelligence data centers. SolarEdge 2026 Investor Day highlights
- Positive Sentiment: The company advanced its collaboration with NVIDIA on an 800-volt direct-current framework for AI data centers and extended its Infineon partnership on solid-state protection technology. These initiatives could open a higher-growth market beyond residential solar. SolarEdge and NVIDIA 800 VDC framework
- Neutral Sentiment: RBC Capital Markets expects continued revenue and margin growth in SolarEdge’s core solar business, but maintained a sector-perform stance and raised its target only from $24 to $30—still below recent trading levels. RBC outlook for SolarEdge
- Neutral Sentiment: Unusually heavy call-option activity indicates increased speculative interest, but it does not establish a fundamental change in the company’s outlook.
- Negative Sentiment: Morgan Stanley cut its price target from $35 to $33 and maintained an equal-weight rating, signaling limited upside and ongoing concerns about execution or valuation.
- Negative Sentiment: The stock’s decline following Investor Day—despite the NVIDIA-related announcement—suggests investors may want more evidence that the data-center opportunity can translate into near-term revenue, margins, and earnings.
SolarEdge Technologies Company Profile
SolarEdge Technologies, Inc develops smart energy technology for solar power generation, energy storage and energy management. The company is best known for its DC-optimized inverter system, which uses power optimizers attached to individual solar modules to improve energy harvesting and provide module-level monitoring. Its platform is designed to support residential, commercial and utility-scale photovoltaic installations.
The company’s product portfolio includes power optimizers, inverters, monitoring and management software, batteries and energy storage systems, and related solutions for backup power and electric vehicle charging.
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