SolarEdge Technologies Inc (SEDG)

NASDAQ
Currency in USD
16.12
+1.06(+7.04%)
Closed
After Hours
15.80-0.32(-1.99%)
SEDG Scorecard
Full Analysis
Management has been aggressively buying back shares
Fair Value
Day's Range
15.5116.18
52 wk Range
10.2473.60
Key Statistics
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Prev. Close
15.06
Open
15.55
Day's Range
15.51-16.18
52 wk Range
10.24-73.6
Volume
1.81M
Average Volume (3m)
4.66M
1-Year Change
-75.03%
Book Value / Share
11.36
Fair Value
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Fair Value Upside
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SEDG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
17.13
Upside
+6.29%
Members' Sentiments
Bearish
Bullish
ProTips
11 analysts have revised their earnings upwards for the upcoming period
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SolarEdge Technologies Inc Company Profile

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. The company offers power optimizers, inverters, lithium-ion cells, batteries, storage solutions, electric vehicle chargers and software management of EV charging, smart energy products, smart trackers, and smart energy management software products; Monitoring platform, a cloud-based monitoring platform, which collects power, voltage, current temperature, and other data sent from inverters and power optimizers; and MySolarEdge app, that enables system owners to track their real-time system production and household energy consumption. It also provides SolarEdge Go app, a mobile application for installers, integrating installation, management, and service capabilities; Designer platform, a web-based tool that helps solar professionals to plan, build, simulate, and validate residential and commercial systems; Mapper application for registering the physical layout of new PV sites installed with DC optimized inverter systems; SetApp application, that activates and configurate inverters; and grid services. In addition, the company offers pre-sales support and ongoing training services, as well as technical support before, during, and after installation services. It serves solar installers; providers of solar PV systems to residential and commercial end users; key solar distributors; engineering, procurement, and construction firms; and electrical equipment wholesalers. SolarEdge Technologies, Inc. was incorporated in 2006 and is headquartered in Herzliya Pituach, Israel.

Sector
Energy
Employees
3961

SolarEdge Technologies Inc SWOT Analysis


Restructuring Woes
SolarEdge faces significant challenges amid inventory issues and market pressures, implementing extensive restructuring efforts to address financial struggles
US Manufacturing Edge
Explore SolarEdge's strategic shift to US production, capitalizing on domestic content incentives and potentially improving margin profiles through tax credits
Market Dynamics
Delve into SolarEdge's battle against fierce competition, particularly from Chinese manufacturers and Tesla, as it strives to regain market share
Future Outlook
Analyst price targets range from $9 to $56, reflecting mixed views on SolarEdge's recovery potential and ability to navigate ongoing industry headwinds
Read full SWOT analysis

SolarEdge Technologies Inc Earnings Call Summary for Q3/2024

  • Q2 2024 revenue: $265M, solar segment $241M. GAAP gross margin -4.1%. Shipped 2M optimizers, 66K inverters, 128 MWh batteries.
  • New products: silicon carbide inverter, US-made DC-coupled LFP battery. Ramping US production, domestic batteries shipping Q1 2025.
  • Q3 guidance: $260-290M revenue, -3% to 1% non-GAAP gross margin. Targeting $550M quarterly revenue by Q2 2025.
  • Cash position $814M. Inventory to decline to $1.3B by end-2024. Aiming for positive cash flow in H1 2025.
  • US residential growth, especially CA and PR. Channel inventory normalizing by Q3 end. 10% ITC adder for domestic manufacturing.
Last Updated: 2024-08-08, 12:38 p/m
Read Full Transcript

Compare SEDG to Peers and Sector

Metrics to compare
SEDG
Peers
Sector
Relationship
P/E Ratio
−0.5x−0.5x11.4x
PEG Ratio
0.00−0.070.01
Price/Book
1.4x1.1x2.4x
Price / LTM Sales
1.0x0.8x2.1x
Upside (Analyst Target)
16.2%97.0%29.0%
Fair Value Upside
Unlock29.0%6.4%Unlock

Analyst Ratings

2 Buy
25 Hold
7 Sell
Ratings:
34 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 17.13
(+6.29% Upside)

Earnings

Latest Release
Feb 19, 2025
EPS / Forecast
-3.52 / -1.50
Revenue / Forecast
196.20M / 194.95M
EPS Revisions
Last 90 days

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FAQ

What Is the SolarEdge Technologies Inc (SEDG) Stock Price Today?

The SolarEdge Technologies Inc stock price today is 16.12

What Stock Exchange Does SolarEdge Technologies Inc Trade On?

SolarEdge Technologies Inc is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for SolarEdge Technologies Inc?

The stock symbol for SolarEdge Technologies Inc is "SEDG."

What Is the SolarEdge Technologies Inc Market Cap?

As of today, SolarEdge Technologies Inc market cap is 935.43M.

What is SolarEdge Technologies Inc Earnings Per Share?

The SolarEdge Technologies Inc EPS is -31.64.

What Is the Next SolarEdge Technologies Inc Earnings Date?

SolarEdge Technologies Inc will release its next earnings report on May 05, 2025.

From a Technical Analysis Perspective, Is SEDG a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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