SolarEdge Technologies (NASDAQ:SEDG) Shares Gap Up – Still a Buy?

SolarEdge Technologies, Inc. (NASDAQ:SEDG) gapped up before the market opened on Tuesday . The stock had previously closed at $55.36, but opened at $59.82. SolarEdge Technologies shares last traded at $58.2470, with a volume of 840,724 shares traded.

SolarEdge Technologies News Summary

Here are the key news stories impacting SolarEdge Technologies this week:

• Positive Sentiment: Shares initially surged after reports that the U.S. is preparing restrictions on Chinese-made solar inverters, which could benefit domestic inverter makers like SolarEdge by reducing foreign competition and supporting pricing power. Why SolarEdge (SEDG) Stock Is Trading Up Today
• Positive Sentiment: Related coverage said the broader U.S. solar sector rallied on the same policy news, with SolarEdge benefiting from the idea that import curbs could help domestic solar equipment suppliers. Solar stocks gain as US reportedly preparing ban targeting Chinese energy inverters
• Positive Sentiment: Analysts also suggested a draft ban on Chinese inverter imports could provide at least a modest boost to SolarEdge, even if the bigger effect may be in utility-scale rather than residential solar. Who wins if the US restricts Chinese solar inverters?
• Neutral Sentiment: SolarEdge was also swept up in a broader solar rally tied to an AI data-center power theme, which lifted the whole group rather than reflecting a company-specific change in fundamentals. Enphase Energy, SolarEdge Jump 8% as Solar Stocks Ride an AI Data Center Power Theme
• Negative Sentiment: In the latest session, SEDG gave back some of the recent gains, and one article noted the stock fell more steeply than the broader market. SolarEdge Technologies (SEDG) Falls More Steeply Than Broader Market: What Investors Need to Know
• Negative Sentiment: One market note also highlighted that the rally may have pushed SolarEdge into overvalued territory after its strong move, which can encourage profit-taking. Is SolarEdge Technologies Inc (SEDG) Overvalued After 7.0% Rally? GF Value Says Overvalued

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SEDG. Citigroup reduced their price target on SolarEdge Technologies from $30.00 to $27.00 and set a “sell” rating for the company in a report on Thursday, May 7th. Susquehanna upped their price objective on SolarEdge Technologies from $37.00 to $45.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Jefferies Financial Group upgraded SolarEdge Technologies from an “underperform” rating to a “hold” rating and increased their price objective for the stock from $30.00 to $49.00 in a research report on Friday, March 20th. Wells Fargo & Company initiated coverage on SolarEdge Technologies in a report on Monday. They issued an “equal weight” rating and a $36.00 target price for the company. Finally, Barclays boosted their target price on shares of SolarEdge Technologies from $39.00 to $41.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Buy rating, fifteen have given a Hold rating and seven have assigned a Sell rating to the company’s stock. According to MarketBeat.com, SolarEdge Technologies has a consensus rating of “Reduce” and a consensus price target of $35.67.

SolarEdge Technologies Trading Down 4.2%

The firm has a market cap of $3.41 billion, a price-to-earnings ratio of -9.14 and a beta of 1.42. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.36 and a current ratio of 2.02. The business has a fifty day moving average of $55.65 and a two-hundred day moving average of $43.63.

SolarEdge Technologies (NASDAQ:SEDG) last issued its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by ($0.20). The firm had revenue of $309.90 million for the quarter, compared to analyst estimates of $305.49 million. SolarEdge Technologies had a negative return on equity of 38.66% and a negative net margin of 28.56%.The business’s revenue for the quarter was up 41.5% compared to the same quarter last year. During the same period in the prior year, the firm posted ($1.14) earnings per share. As a group, equities analysts expect that SolarEdge Technologies, Inc. will post -1.12 earnings per share for the current fiscal year.

Insider Buying and Selling at SolarEdge Technologies

In other news, Chairman More Avery sold 2,566 shares of SolarEdge Technologies stock in a transaction on Thursday, May 7th. The stock was 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 of the company’s stock, valued at $11,448,890.04. The trade was a 0.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.04% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On SolarEdge Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of SEDG. Glenmede Trust Co. NA acquired a new stake in SolarEdge Technologies during the 1st quarter valued at $202,000. Bank of America Corp DE raised its holdings in shares of SolarEdge Technologies by 218.6% in the first quarter. Bank of America Corp DE now owns 404,297 shares of the semiconductor company’s stock worth $20,639,000 after acquiring an additional 277,385 shares during the last quarter. California State Teachers Retirement System raised its holdings in shares of SolarEdge Technologies by 25.6% in the first quarter. California State Teachers Retirement System now owns 66,589 shares of the semiconductor company’s stock worth $3,399,000 after acquiring an additional 13,554 shares during the last quarter. SummitTX Capital L.P. purchased a new stake in shares of SolarEdge Technologies in the first quarter valued at $272,000. Finally, Caxton Associates LLP purchased a new stake in shares of SolarEdge Technologies in the first quarter valued at $3,632,000. 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.