SolarEdge(SEDG)

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SolarEdge Downgraded by Jefferies, Citing ‘Stiff Competition'
Investopedia· 2024-09-17 17:10
Key Takeaways Jefferies downgraded SolarEdge Technologies stock Tuesday, pointing to tough competition. The analysts said SolarEdge faces "significant headwinds" in Europe, as well as challenges in the U.S. Shares of SolarEdge tumbled in early trading Tuesday, before rebounding later in the session. SolarEdge Technologies (SEDG) shares tumbled in early trading Tuesday, before rebounding later in the session after Jefferies downgraded the stock, pointing to tough competition in the solar power industry. Jeff ...
SolarEdge Technologies Stock Sliding on Downgrade
Schaeffers Investment Research· 2024-09-17 13:10
SolarEdge Technologies Inc (NASDAQ:SEDG) stock sports a 4.6% premarket loss, after a Jefferies downgrade to "underperform" from "hold," and price-target cut from $27 to $17. The analyst in question noted muted demand, high inventory levels, and slower growth prospects in Europe. The solar stock is down 76.6% in 2024 and 84.4% over the last 12 months. Despite yesterday seeing its best day since Aug. 23 with a 11.4% gain, the security is still down 13.1% this quarter. Set to open around $20.95, SEDG is also n ...
Why SolarEdge Technologies Stock Tanked This Week
The Motley Fool· 2024-08-30 16:21
Investors don't think a leadership transition is enough to help SolarEdge. To say investors in solar energy company SolarEdge Technologies (SEDG -1.32%) have had a bad year is an understatement. The stock's sharp decline continued this week. As of Friday midday trading, SolarEdge shares were down by over 15% just this week, according to data provided by S&P Global Market Intelligence. That drop has contributed to a massive 74% decline SolarEdge shares this year. That more than erased all the prior gains the ...
SolarEdge Technologies Stock: Sell On Weak Near-Term Prospects And Abrupt CEO Resignation
Seeking Alpha· 2024-08-26 19:00
The Property of F i I th The Property. New pr l ri H 0 - 1 romasct Note: I have covered SolarEdge Technologies or "SolarEdge" (NASDAQ:SEDG) previously, so investors should view this as an update to my earlier article on the company. SolarEdge Technologies Q2 Earnings & Q3 Guidance: Earlier this month, SolarEdge Technologies reported Q2 2024 results largely in line with the disclosures made in conjunction with the company's $3,000 million convertible notes offering in June: | --- | --- | --- | --- | --- | -- ...
SolarEdge Stock Dims on C-Suite Shakeup
Schaeffers Investment Research· 2024-08-26 14:26
SolarEdge Technologies Inc (NASDAQ:SEDG) is reversing a 6% premarket lead, last seen down 5.8% at $27.17 following news that CEO Zvi Lando is stepping down from his position. Lando will be replaced in the interim by Ronen Faier -- previously the solar firm's CFO -- effective immediately. SolarEdge stock is rebounding form an Aug. 8 dip to $19.81, or its lowest level since the summer of 2016. Adding 14.9% on Friday, SEDG is on track to keep its head above recent support at its 30-day moving average, which ac ...
SolarEdge: Recovering Amid Supply Chain Challenges And Fierce Competition
Seeking Alpha· 2024-08-19 09:31
Jeff_Hu/iStock via Getty Images Introduction SolarEdge Technologies (NASDAQ:SEDG) designs, manufactures and sells inverter systems to enable the generation of optimized solar energy photovoltaic installations. Its technologies have diversified products such as power optimizers, inverters, and cloud-based monitoring systems. The company initially targeted residential markets, but it has started commercial needs. While the rapid demand for electricity in the world is expected to rise to 160 exajoules by 2040, ...
SolarEdge Technologies, Inc. (SEDG) Canaccord Genuity's 44th Annual Growth Result Conference (Transcript)
2024-08-13 23:51
SolarEdge Technologies, Inc. (NASDAQ:SEDG) Canaccord Genuity's 44th Annual Growth Result Conference August 13, 2024 4:00 PM ET Company Participants J.B. Lowe - Head of Investor Relations Conference Call Participants Austin Moeller - Canaccord Austin Moeller Hi, good afternoon, everyone. My name is Austin Moeller. I'm the Sustainability Analyst here at Canaccord Genuity. And today we're joined by J.B. Lowe, the Head of Investor Relations at SolarEdge. So, it's great to have you. J.B. Lowe Happy to be here. T ...
SolarEdge's Massive Problem in Solar Energy
The Motley Fool· 2024-08-13 16:15
The residential solar market is recovering, but SolarEdge isn't seeing the benefit. SolarEdge (SEDG 0.98%) was once one of the hottest stocks in the solar industry. But the company has run into problems as the market collapses and power optimizers lose market share to microinverters. In this video, Travis Hoium explains why the company is on thin ice. *Stock prices used were end-of-day prices of Aug. 12, 2024. The video was published on Aug. 12, 2024. ...
SolarEdge Technologies (SEDG) Q2 Loss Widens, Revenues Fall Y/Y
ZACKS· 2024-08-08 14:15
SolarEdge Technologies, Inc. (SEDG) reported a second-quarter 2024 adjusted loss of $1.79 per share, wider than the Zacks Consensus Estimate of a loss of $1.60. The bottom line also deteriorated from the prior-year quarter's reported earnings of $2.62 per share. Barring one-time adjustments, the company incurred a GAAP loss of $2.31 per share against GAAP earnings of $2.03 per share recorded in the year-ago period. The year-over-year deterioration in the bottom line can be attributed to significantly lower ...
SolarEdge(SEDG) - 2024 Q2 - Earnings Call Transcript
2024-08-08 08:41
Call Start: 16:30 January 1, 0000 5:58 PM ET SolarEdge Technologies, Inc. (NASDAQ:SEDG) Q2 2024 Earnings Conference Call August 7, 2024 16:30 ET Company Participants J.B. Lowe - Head of Investor Relations Zvi Lando - Chief Executive Officer Ronen Faier - Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Brian Lee - Goldman Sachs Mark Strouse - JPMorgan Colin Rusch - Oppenheimer Andrew Percoco - Morgan Stanley Dimple Gosai - Bank of America Jordan Levy - Truist Securiti ...