Stock Performance - SolarEdge Technologies closed at $14 71, marking a -1 87% move from the prior day, lagging the S&P 500's daily loss of 1 54% [1] - Prior to the latest trading session, the company's shares had gained 12 88% over the past month, outperforming the Oils-Energy sector's loss of 11 05% and the S&P 500's loss of 2 2% [1] Earnings Expectations - The company is predicted to post an EPS of -$1 75, indicating a 90 22% decline compared to the equivalent quarter last year [2] - Revenue is expected to be $185 58 million, down 41 28% from the prior-year quarter [2] Industry and Sector Analysis - The Solar industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 142, placing it in the bottom 44% of all 250+ industries [4] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4] Analyst Estimates and Revisions - Recent changes to analyst estimates reflect evolving short-term business trends, with positive revisions indicating optimism about the company's business and profitability [5] - The consensus EPS projection has moved 0 98% higher within the past 30 days [6] Zacks Rank and Stock Rating - SolarEdge Technologies currently has a Zacks Rank of 3 (Hold) [6] - The Zacks Rank system has a track record of outperformance, with 1 stocks generating an average annual return of +25% since 1988 [6]

Shares of SolarEdge Technologies Inc (NASDAQ:SEDG) are down 9.4% at $15.94 at last check, after Citigroup downgraded the solar name to "sell" from "neutral," with a price-target cut to $9 from $12, noting high operating expenses. Wells Fargo chimed in as well, slashing its price objective to $15 from $19. Separately, SolarEdge is increasing its board size from eight to 10 members. The vast majority of analysts are already bearish on SolarEdge Technologies stock. Only two of the 35 analysts in question carry ...

SolarEdge Technologies, Inc. SEDG shares are trading higher on Tuesday. On Monday, Goldman Sachs analyst Brian Lee raised its price target from $19 to $21, while reiterating a Buy rating.Yesterday, the company revealed layoffs of approximately 400 employees and post-completion the workforce reduction is expected to save $9 million to $11 million quarterly, excluding implementation costs.Also, the company disclosed safe harbor agreements with two of the largest U.S. residential solar installers and financers ...

The fall from the Olympus in 2023-2024 for SolarEdge (NASDAQ: SEDG ) has been abrupt and bloody. Not if it was something new for the solar energy sector: the 2011 to 2012 period was as cruel, if not more so; 2016 and 2018 were not*An investor inspired by Mr. Warren Buffet, Mr. Benjamin Graham, and Mr. Peter Lynch. Value investor since 2010. Head of Asset Management at a small co-partnered investment company.*Was the Head of Asset management in popular local mutual funds managing company 'Centras Securities' ...

As years go by, 2024 has not been a great one for shares of SolarEdge Technologies Inc NASDAQ: SEDG. The $800 million market cap stock is down 85% since the start of January, which means it’s back trading at 2016 levels. For any investor that was involved in SolarEdge in the 8 years since then, it’s been a rollercoaster of a ride, to say the least.  SolarEdge Technologies TodaySEDGSolarEdge Technologies$13.84 -0.53 (-3.69%) 52-Week Range$10.24▼$103.15Price Target$22.40Add to WatchlistAt one point during th ...

Key TakeawaysShares of SolarEdge Technologies jumped after Goldman Sachs analysts reportedly gave the company a double upgrade.The analysts reportedly said concerns over SolarEdge's debt may be overblown and that a recent restructuring may improve its product mix.Despite the gains Tuesday, SolarEdge stock is down nearly 85% in 2024. SolarEdge Technologies (SEDG) shares rallied Tuesday after analysts at Goldman Sachs reportedly issued a double upgrade for the solar equipment maker.  Goldman bumped its rating ...

Goldman Sachs analyst Brian Lee revised ratings for key residential solar stocks. The analyst notes there is a disconnect between the mid-to-long-term fundamentals and valuations for solar/storage equities heading into 2025.Solar equities appear to be overpricing risks tied to policy uncertainty, even though secular growth drivers, such as U.S. power demand and pricing, remain strong.SEDG: The analyst upgraded SolarEdge Technologies, Inc. SEDG rating to Buy from Sell and raised the price target to $19 (from ...

Shares of SolarEdge Technologies Inc (NASDAQ:SEDG) are up 13.6% at $13.99 at last glance, after a rare double-upgrade from Goldman Sachs to "buy" from "sell." The analyst sees upside for the stock in 2025, saying the market is "overplaying the risks" of the solar sector. Goldman Sachs is now, notably, one of just a few analysts in coverage carrying a bullish rating on SEDG. Of the 35 analysts in coverage, 24 carry a "hold," and eight a "sell" or worse. SolarEdge stock is now headed for its largest single-da ...

SolarEdge Technologies Inc. (SEDG) recently launched its first commercial storage system, the CSS-OD battery, in Germany. This new battery, paired with SolarEdge’s solar inverter and power optimizer, offers an integrated solar and storage solution, which can be used both indoors and outdoors. This launch should strengthen SEDG’s footprint in the rapidly expanding global battery energy storage systems (BESS) market.More on SEDG’s CSS-OD BatteryThe CSS-OD battery comes with a 102.4 kWh-rated cabinet and can b ...

Struggling next-generation energy company SolarEdge Technologies (SEDG 8.55%) gave investors a reason to be sunny and cheerful on Thursday with its latest news. The company announced it was shutting down one of its less significant businesses, and the market reacted by sending the stock price nearly 9% higher. This was in sharp contrast to the slumping S&P 500 index, which ended the day 0.4% lower.Pulling the plugBefore market open, SolarEdge announced that it is ceasing all activity in its energy storage d ...