TD Cowen Has Lowered Expectations for SolarEdge Technologies (NASDAQ:SEDG) Stock Price

SolarEdge Technologies (NASDAQ:SEDG) had its target price cut by investment analysts at TD Cowen from $85.00 to $75.00 in a research report issued on Monday. The firm presently has a “buy” rating on the semiconductor company’s stock. TD Cowen’s price target would indicate a potential upside of 40.27% from the stock’s current price.

A number of other brokerages have also recently weighed in on SEDG. Royal Bank Of Canada decreased their price target on shares of SolarEdge Technologies from $32.00 to $30.00 and set a “sector perform” rating for the company in a research note on Thursday, May 7th. JPMorgan Chase & Co. lifted their price objective on shares of SolarEdge Technologies from $32.00 to $35.00 and gave the company a “neutral” rating in a research note on Thursday, April 16th. Glj Research reaffirmed a “sell” rating on shares of SolarEdge Technologies in a report on Thursday, June 11th. Wells Fargo & Company initiated coverage on SolarEdge Technologies in a report on Monday, June 29th. They set an “equal weight” rating and a $36.00 price target on the stock. Finally, Barclays raised their price target on SolarEdge Technologies from $41.00 to $53.00 and gave the stock an “equal weight” rating in a report on Friday, July 10th. One equities research analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $38.06.

SolarEdge Technologies Stock Performance

SEDG opened at $53.47 on Monday. The firm has a market cap of $3.25 billion, a price-to-earnings ratio of -8.72 and a beta of 1.45. SolarEdge Technologies has a 52 week low of $23.01 and a 52 week high of $81.25. The business’s 50 day moving average is $58.20 and its two-hundred day moving average is $45.66. The company has a quick ratio of 1.36, a current ratio of 2.02 and a debt-to-equity ratio of 0.85.

SolarEdge Technologies (NASDAQ:SEDG) last posted its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported ($0.43) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.20). The firm had revenue of $309.90 million during the quarter, compared to analyst estimates of $305.49 million. SolarEdge Technologies had a negative net margin of 28.56% and a negative return on equity of 38.66%. SolarEdge Technologies’s revenue was up 41.5% compared to the same quarter last year. During the same period in the previous year, the company posted ($1.14) earnings per share. On average, research analysts predict that SolarEdge Technologies will post -1.1 EPS for the current year.

Insider Buying and Selling

In other SolarEdge Technologies news, Chairman More Avery sold 2,566 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $38.76, for a total transaction of $99,458.16. Following the completion of the transaction, the chairman owned 295,379 shares in the company, valued at approximately $11,448,890.04. This represents a 0.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.04% of the company’s stock.

Institutional Trading of SolarEdge Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Oregon Public Employees Retirement Fund raised its position in shares of SolarEdge Technologies by 2.2% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 13,677 shares of the semiconductor company’s stock valued at $395,000 after purchasing an additional 300 shares during the period. State of Wyoming raised its holdings in SolarEdge Technologies by 32.9% in the 1st quarter. State of Wyoming now owns 1,237 shares of the semiconductor company’s stock worth $63,000 after acquiring an additional 306 shares during the period. Rakuten Securities Inc. lifted its position in SolarEdge Technologies by 82.1% during the 4th quarter. Rakuten Securities Inc. now owns 958 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 432 shares during the last quarter. Tidal Investments LLC boosted its holdings in SolarEdge Technologies by 1.2% during the second quarter. Tidal Investments LLC now owns 42,411 shares of the semiconductor company’s stock valued at $865,000 after acquiring an additional 484 shares during the period. Finally, Tower Research Capital LLC TRC grew its position in shares of SolarEdge Technologies by 28.7% in the second 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. Hedge funds and other institutional investors own 95.10% of the company’s stock.

SolarEdge Technologies Company Profile

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.