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Analyst Scoreboard: 19 Ratings For SolarEdge Technologies
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Analyst Scoreboard: 19 Ratings For SolarEdge Technologies
Mar 11, 2024 8:31 AM

Ratings for SolarEdge Technologies ( SEDG ) were provided by 19 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 1 12 1 2
Last 30D 0 0 1 0 0
1M Ago 1 1 9 0 0
2M Ago 1 0 1 1 1
3M Ago 1 0 1 0 1

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $86.0, with a high estimate of $133.00 and a low estimate of $50.00. Observing a downward trend, the current average is 10.77% lower than the prior average price target of $96.38.

Understanding Analyst Ratings: A Comprehensive Breakdown

A clear picture of SolarEdge Technologies's ( SEDG ) perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Kashy Harrison Piper Sandler Lowers Neutral $73.00 $77.00
Jordan Levy Truist Securities Lowers Hold $75.00 $80.00
Praneeth Satish Wells Fargo Lowers Equal-Weight $81.00 $91.00
Maheep Mandloi Mizuho Lowers Buy $106.00 $119.00
Tristan Richardson Scotiabank Lowers Sector Perform $90.00 $93.00
Vikram Bagri Citigroup Lowers Neutral $83.00 $89.00
Biju Perincheril Susquehanna Lowers Positive $97.00 $107.00
Ameet Thakkar BMO Capital Lowers Market Perform $80.00 $85.00
Chris Dendrinos RBC Capital Lowers Sector Perform $77.00 $85.00
Kashy Harrison Piper Sandler Lowers Neutral $77.00 $105.00
Austin Moeller Canaccord Genuity Maintains Hold $75.00 -
Chris Dendrinos RBC Capital Announces Sector Perform $85.00 -
Christopher Souther B. Riley Securities Lowers Buy $133.00 $166.00
Brian Lee Goldman Sachs Lowers Sell $71.00 $83.00
Jordan Levy Truist Securities Raises Hold $80.00 $70.00
Christine Cho Barclays Lowers Underweight $50.00 $74.00
Maheep Mandloi Mizuho Raises Buy $119.00 $108.00
Kashy Harrison Piper Sandler Lowers Neutral $105.00 $110.00
Brian Lee Goldman Sachs Announces Sell $77.00 -

Key Insights:

Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to SolarEdge Technologies ( SEDG ). This insight gives a snapshot of analysts' perspectives on the current state of the company.

Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of SolarEdge Technologies ( SEDG ) compared to the broader market.

Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of SolarEdge Technologies's ( SEDG ) market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on SolarEdge Technologies ( SEDG ) analyst ratings.

About SolarEdge Technologies

SolarEdge Technologies ( SEDG ) designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers.

SolarEdge Technologies's Financial Performance

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Challenges: SolarEdge Technologies's ( SEDG ) revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -64.52%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: SolarEdge Technologies's ( SEDG ) net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -51.38%, the company may face hurdles in effective cost management.

Return on Equity (ROE): SolarEdge Technologies's ( SEDG ) ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -6.62%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): SolarEdge Technologies's ( SEDG ) ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -3.52%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.3.

Analyst Ratings: Simplified

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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