SolarEdge Technologies (NASDAQ:SEDG) Stock Jumps 7.2% – Here’s Why

SolarEdge Technologies, Inc. (NASDAQ:SEDG)’s stock price was up 7.2% during trading on Friday. The company traded as high as $33.25 and last traded at $33.0840. 806,697 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 3,421,731 shares. The stock had previously closed at $30.87.

More SolarEdge Technologies News

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

• Neutral Sentiment: SolarEdge shares closed higher during the latest reported session even as the broader market declined, indicating relative strength and possible short-term investor interest. However, the reports did not identify a specific company catalyst behind the move. SolarEdge Technologies increases despite market weakness
• Negative Sentiment: Northland Securities lowered its SolarEdge earnings forecasts across nearly every reported period. Its estimates were reduced to a loss of $1.58 per share for fiscal 2026 from $1.44, and to a loss of $1.14 per share for fiscal 2027 from $0.72. Quarterly estimates were also cut, including a projected loss of $0.34 per share for the fourth quarter of 2026 and $0.50 for the first quarter of 2027. These revisions suggest weaker-than-expected profitability and could weigh on the stock. Northland Securities earnings estimate revisions
• Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of SolarEdge investors. Although the announcement does not establish wrongdoing, investor investigations can increase legal and reputational uncertainty and add pressure to the shares. Pomerantz investor investigation announcement

Analyst Ratings Changes

Several analysts have commented on SEDG shares. Royal Bank Of Canada boosted their target price on shares of SolarEdge Technologies from $24.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Friday, September 11th. Citigroup lifted their price objective on shares of SolarEdge Technologies from $25.00 to $30.00 and gave the company a “sell” rating in a research note on Monday, September 21st. Susquehanna decreased their price objective on shares of SolarEdge Technologies from $56.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, August 6th. Weiss Ratings downgraded shares of SolarEdge Technologies from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, September 17th. Finally, JPMorgan Chase & Co. raised their target price on SolarEdge Technologies from $37.00 to $44.00 and gave the company a “neutral” rating in a report on Friday, September 11th. Two investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $39.20.

SolarEdge Technologies Price Performance

The company has a debt-to-equity ratio of 0.85, a current ratio of 2.03 and a quick ratio of 1.38. The stock’s 50 day moving average price is $34.61 and its two-hundred day moving average price is $45.97. The firm has a market capitalization of $2.02 billion, a price-to-earnings ratio of -7.30 and a beta of 1.44.

SolarEdge Technologies (NASDAQ:SEDG) last announced its earnings results on Wednesday, August 5th. The semiconductor company reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.07. The firm had revenue of $346.20 million for the quarter, compared to the consensus estimate of $341.15 million. SolarEdge Technologies had a negative net margin of 20.29% and a negative return on equity of 29.17%. The business’s quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter last year, the firm posted ($0.81) EPS. On average, equities research analysts anticipate that SolarEdge Technologies, Inc. will post -1.25 EPS for the current year.

Institutional Trading of SolarEdge Technologies

Hedge funds have recently added to or reduced their stakes in the business. Clal Insurance Enterprises Holdings Ltd acquired a new stake in SolarEdge Technologies in the 2nd quarter valued at approximately $55,514,000. Bank of America Corp DE lifted its holdings in shares of SolarEdge Technologies by 218.6% during the first quarter. Bank of America Corp DE now owns 404,297 shares of the semiconductor company’s stock worth $20,639,000 after buying an additional 277,385 shares during the last quarter. ING Groep NV acquired a new position in shares of SolarEdge Technologies during the fourth quarter worth approximately $13,848,000. Legal & General Group Plc bought a new stake in shares of SolarEdge Technologies in the second quarter valued at approximately $76,095,000. Finally, Handelsbanken Fonder AB boosted its position in shares of SolarEdge Technologies by 16.6% in the second quarter. Handelsbanken Fonder AB now owns 1,230,401 shares of the semiconductor company’s stock valued at $71,905,000 after acquiring an additional 175,281 shares during the period. Institutional investors own 95.10% of the company’s stock.

About SolarEdge Technologies

SolarEdge Technologies, Inc (NASDAQ: SEDG) develops technologies for generating, storing and managing solar energy. The company is best known for its power optimizer and inverter architecture, which is designed to improve energy harvesting from photovoltaic panels and provide monitoring and control at the module level.

Its product portfolio includes power optimizers, residential and commercial inverters, battery-storage systems, backup-power solutions, electric-vehicle charging equipment and energy-management software.