Analyst Expectations For SolarEdge Technologies's Future

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During the last three months, 20 analysts shared their evaluations of SolarEdge Technologies SEDG, revealing diverse outlooks from bullish to bearish.

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 4 1 12 2 1
Last 30D 0 0 1 0 0
1M Ago 2 0 8 1 1
2M Ago 2 0 2 1 0
3M Ago 0 1 1 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $69.4, along with a high estimate of $124.00 and a low estimate of $44.00. Observing a downward trend, the current average is 13.82% lower than the prior average price target of $80.53.

Decoding Analyst Ratings: A Detailed Look

The standing of SolarEdge Technologies among financial experts becomes clear 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
Chris Dendrinos RBC Capital Maintains Sector Perform $71.00 $71.00
Praneeth Satish Wells Fargo Lowers Equal-Weight $62.00 $81.00
Biju Perincheril Susquehanna Lowers Neutral $56.00 $92.00
Corinne Blanchard Deutsche Bank Lowers Hold $55.00 $75.00
Maheep Mandloi Mizuho Lowers Buy $84.00 $104.00
Julien Dumoulin-Smith B of A Securities Lowers Underperform $44.00 $54.00
Austin Moeller Canaccord Genuity Lowers Hold $58.00 $75.00
Vikram Bagri Citigroup Lowers Neutral $71.00 $83.00
Chris Dendrinos RBC Capital Lowers Sector Perform $71.00 $74.00
Jeffrey Osborne TD Cowen Lowers Buy $80.00 $85.00
Ameet Thakkar BMO Capital Lowers Market Perform $56.00 $73.00
Philip Shen Roth MKM Lowers Neutral $55.00 $60.00
Brian Lee Goldman Sachs Lowers Sell $49.00 $64.00
Philip Shen Roth MKM Lowers Neutral $60.00 $76.00
Christopher Souther B. Riley Securities Lowers Buy $124.00 $133.00
Maheep Mandloi Mizuho Lowers Buy $104.00 $106.00
Markus Leistner DZ Bank Announces Hold $62.00 -
Christine Cho Barclays Raises Underweight $61.00 $50.00
Biju Perincheril Susquehanna Lowers Positive $92.00 $97.00
Kashy Harrison Piper Sandler Lowers Neutral $73.00 $77.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to SolarEdge Technologies. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of SolarEdge Technologies compared to the broader market.
  • Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of SolarEdge Technologies's stock. This comparison reveals trends in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of SolarEdge Technologies's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on SolarEdge Technologies analyst ratings.

Discovering SolarEdge Technologies: A Closer Look

SolarEdge Technologies 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 Economic Impact: An Analysis

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

Negative Revenue Trend: Examining SolarEdge Technologies's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -78.34% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: SolarEdge Technologies's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -76.96%, the company may face hurdles in effective cost management.

Return on Equity (ROE): SolarEdge Technologies's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -6.76%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): SolarEdge Technologies's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -3.59%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: SolarEdge Technologies's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.33.

The Significance of Analyst Ratings Explained

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

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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