SolarEdge Technologies (NASDAQ:SEDG) Price Target Raised to $42.00 at Deutsche Bank Aktiengesellschaft

SolarEdge Technologies (NASDAQ:SEDG) had its target price raised by equities researchers at Deutsche Bank Aktiengesellschaft from $33.00 to $42.00 in a report issued on Thursday,MarketScreener reports. The firm presently has a “hold” rating on the semiconductor company’s stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential downside of 7.64% from the company’s current price.

SEDG has been the topic of a number of other research reports. TD Cowen upped their price target on shares of SolarEdge Technologies from $38.00 to $43.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Barclays raised their target price on shares of SolarEdge Technologies from $39.00 to $41.00 and gave the company an “equal weight” rating in a report on Wednesday. UBS Group cut their target price on shares of SolarEdge Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Monday, March 2nd. Jefferies Financial Group upgraded SolarEdge Technologies from an “underperform” rating to a “hold” rating and raised their price target for the stock from $30.00 to $49.00 in a research report on Friday, March 20th. Finally, Raymond James Financial started coverage on SolarEdge Technologies in a research report on Tuesday, January 13th. They issued a “market perform” rating for the company. One analyst has rated the stock with a Buy rating, eighteen have given a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $29.59.

SolarEdge Technologies Stock Performance

SEDG opened at $45.47 on Thursday. The company’s fifty day moving average price is $40.24 and its two-hundred day moving average price is $36.61. The company has a market cap of $2.75 billion, a price-to-earnings ratio of -6.63 and a beta of 1.35. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.82. SolarEdge Technologies has a 1-year low of $11.00 and a 1-year high of $53.75.

SolarEdge Technologies (NASDAQ:SEDG) last issued its earnings results on Thursday, February 26th. The semiconductor company reported ($0.14) earnings per share for the quarter. SolarEdge Technologies had a negative return on equity of 45.54% and a negative net margin of 34.23%.The business had revenue of $333.80 million for the quarter. On average, analysts expect that SolarEdge Technologies will post -4.54 EPS for the current fiscal year.

Institutional Trading of SolarEdge Technologies

Several institutional investors and hedge funds have recently made changes to their positions in SEDG. UBS Group AG raised its holdings in shares of SolarEdge Technologies by 234.8% in the third quarter. UBS Group AG now owns 3,554,504 shares of the semiconductor company’s stock valued at $131,517,000 after acquiring an additional 2,492,776 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of SolarEdge Technologies by 612.9% in the third quarter. Assenagon Asset Management S.A. now owns 1,448,643 shares of the semiconductor company’s stock valued at $53,600,000 after acquiring an additional 1,245,445 shares in the last quarter. Electron Capital Partners LLC grew its stake in SolarEdge Technologies by 107.8% in the third quarter. Electron Capital Partners LLC now owns 1,732,566 shares of the semiconductor company’s stock valued at $64,105,000 after purchasing an additional 898,802 shares during the last quarter. ION Fund Management Ltd purchased a new position in SolarEdge Technologies in the fourth quarter valued at about $22,965,000. Finally, PGGM Investments purchased a new position in SolarEdge Technologies in the third quarter valued at about $24,438,000. 95.10% of the stock is currently owned by institutional investors.

About SolarEdge Technologies

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.