Latest news with #SolarEdgeTechnologies
Yahoo
01-08-2025
- Business
- Yahoo
Why SolarEdge Technologies Stock Is Burning Brightly in Investors' Eyes Today
Key Points SolarEdge announced a significant new supply agreement with Solar Landscape today. The two companies will work to ramp up commercial rooftop solar deployments across several states through 2026. With revenue and net income dropping over the past two years, investors may want to see SolarEdge's finances improve before picking up shares. 10 stocks we like better than SolarEdge Technologies › Markets have been unsteady today, with both the S&P 500 (SNPINDEX: ^GSPC) and Dow Jones Industrial Average (DJINDICES: ^DJI) struggling to maintain their gains. There's no doubt, however, about the market's sentiment toward solar industry powerhouse SolarEdge Technologies (NASDAQ: SEDG) today. Thanks to the company announcing a significant new deal, shares of SolarEdge are now shining brightly on investors' radars. As of 2:45 p.m. ET, shares of SolarEdge are up 9.7%, paring back some of their 12.7% gain from earlier today. Investors are lit up about SolarEdge's new deal In an effort to expedite the deployment of solar power systems on both large-scale commercial and industrial rooftops, SolarEdge has signed an agreement with Solar Landscape, a leading developer of commercial rooftop solar systems. The deal will see SolarEdge supply Solar Landscape with solar technology to support the development of more than 500 commercial rooftop projects, located in several states, to be built through 2026. Investors are enthused today about the announcement due to the scope of the agreement. Commenting on the deal, RBC Capital suggested that the deal represents about 630 megawatts (MW) of solar power capacity. To put this in perspective, SolarEdge reported commercial shipments of 2,319 MW in all of 2024. Is now a good time to warm up to SolarEdge stock? Bulls aren't solely looking at the deal today as a positive in and of itself. Instead, they're interpreting it as a sign that the sun hasn't set on the solar industry, despite the fact that nuclear energy is gaining the lion's share of attention right now as a leading alternative energy source. Although the deal with Solar Landscape is encouraging, SolarEdge had seen revenue drop from $3.1 billion in 2022 to $900.5 million in 2024. Similarly, net income plunged from $93.8 million in 2022 to a net loss of $1.8 billion in 2024. At this point, solar investors may want to wait for the company's finances to show some improvement before jumping into an investment. Should you buy stock in SolarEdge Technologies right now? Before you buy stock in SolarEdge Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and SolarEdge Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $630,291!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,075,791!* Now, it's worth noting Stock Advisor's total average return is 1,039% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Scott Levine has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why SolarEdge Technologies Stock Is Burning Brightly in Investors' Eyes Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
15-07-2025
- Business
- CNBC
JPMorgan downgrades this solar stock after a massive move higher in recent months
SolarEdge Technologies may have moved too high, too fast, according to JPMorgan. The firm downgraded shares of the company to neutral from overweight but upped its price target to $23 from $18. That updated target still calls for about 14% downside from Monday's close. The stock has been on a monster rally as of late, gaining more than 110% in the past three months and more than 96% year to date. This month alone, SolarEdge is up about 31%. "Given SEDG's outperformance since May 1 (up 109% vs coverage average up 33%), we are downgrading to Neutral and look for pullbacks or signs of stronger than expected market share gain and/or margin expansion to add to positions," analyst Mark Strouse wrote in a Tuesday note. SEDG 3M mountain SEDG, 3-month To be sure, while the analyst is stepping to the sidelines now, he anticipates that the name will ultimately be able to move higher long term thanks in part to its "relatively higher" exposure to the lease and power purchase agreement (PPA) market. "SEDG's 45x manufacturing credits are unchanged from the [Inflation Reduction Act], and tax credit transferability rules are also unchanged, meaning that SEDG should likely continue its cadence of quarterly transfers," Strouse also wrote. "We believe the larger driver for the stock will be the new management's focus on efficiency and [stock-keeping unit] rationalization, for which we are encouraged by initial progress, though it is still early." Strouse's move now puts him in the majority of analysts on Wall Street with a neutral view of the stock, which was nearly 2% lower in the premarket Tuesday. Twenty out of 31 analysts in total have a hold rating, while only one has a buy rating, according to LSEG data. Elsewhere in the energy technology space, the analyst likewise downgraded Enphase Energy to neutral from overweight, citing anticipated loss in share and margin pressure as third-party owned (TPO) systems gain traction within the industry.
Business Insider
12-07-2025
- Business
- Business Insider
Analysts' Opinions Are Mixed on These Technology Stocks: Disco (OtherDISPF) and SolarEdge Technologies (SEDG)
Analysts have been eager to weigh in on the Technology sector with new ratings on Disco (DISPF – Research Report) and SolarEdge Technologies (SEDG – Research Report). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Disco (DISPF) Goldman Sachs analyst Shuhei Nakamura reiterated a Buy rating on Disco on July 9 and set a price target of Yen51000.00. The company's shares closed last Tuesday at $265.12. According to Nakamura is a 4-star analyst with an average return of 22.2% and a 63.0% success rate. Nakamura covers the Technology sector, focusing on stocks such as SCREEN Holdings Co, Tokyo Electron, and Advantest. Disco has an analyst consensus of Strong Buy, with a price target consensus of $333.77, which is a 25.9% upside from current levels. In a report issued on July 9, Macquarie also upgraded the stock to Buy with a Yen48500.00 price target. SolarEdge Technologies (SEDG) Goldman Sachs analyst Brian K. Lee downgraded SolarEdge Technologies to Hold on July 8 and set a price target of $27.00. The company's shares closed last Friday at $25.62. According to Lee is a 1-star analyst with an average return of -0.8% and a 46.0% success rate. Lee covers the Technology sector, focusing on stocks such as Shoals Technologies Group, NEXTracker, Inc. Class A, and Array Technologies. SolarEdge Technologies has an analyst consensus of Moderate Sell, with a price target consensus of $13.66, which is a -50.0% downside from current levels. In a report issued on July 8, KeyBanc also upgraded the stock to Hold with a $16.00 price target.
Yahoo
11-07-2025
- Business
- Yahoo
SolarEdge Technologies (SEDG) Outperforms Broader Market: What You Need to Know
SolarEdge Technologies (SEDG) ended the recent trading session at $27.57, demonstrating a +1.77% change from the preceding day's closing price. This change outpaced the S&P 500's 0.28% gain on the day. Meanwhile, the Dow gained 0.43%, and the Nasdaq, a tech-heavy index, added 0.09%. Prior to today's trading, shares of the photovoltaic products maker had gained 30.05% outpaced the Oils-Energy sector's gain of 4.96% and the S&P 500's gain of 4.37%. Investors will be eagerly watching for the performance of SolarEdge Technologies in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of -$0.81, marking a 54.75% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $274.47 million, up 3.42% from the year-ago period. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$3.25 per share and revenue of $1.09 billion, indicating changes of +85.86% and +17.55%, respectively, compared to the previous year. Investors should also pay attention to any latest changes in analyst estimates for SolarEdge Technologies. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.07% higher. SolarEdge Technologies is currently sporting a Zacks Rank of #2 (Buy). The Solar industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 51, placing it within the top 21% of over 250 industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SolarEdge Technologies, Inc. (SEDG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
09-07-2025
- Business
- CNBC
Even international markets directly affected are starting to ignore Trump's tough trade threats
It wasn't long ago that trade announcements like those seen this week would have sent markets around the world careening lower. This week? Not so much. President Donald Trump on Monday sent letters to more than a dozen countries dictating new tariffs to take effect on August 1 on their exports to the U.S. While U.S. stocks took a hit following those announcements, they managed to stabilize Tuesday. Some international markets, meanwhile, shrugged off the news. Take South Korea's Kospi index, for example. Despite the raft of tariff-related news, it's still up more than 2% week to date. The benchmark rallied 1.8% on Tuesday and gained another 0.6% overnight Wednesday. .KS11 5D mountain KOSPI 5-day chart "While South Korean equities are not the arbiter of global risk, they provide a microcosm for the market's view on tariffs," wrote JPMorgan's trading desk on Wednesday. "If South Korea equities can see a +2.0% rise after a tariff announcement that would lead to a -1.7% hit to GDP if realized, we can see that tariffs as a risk are no longer a going concern for the equity market and points to investors focusing on the fundamental drivers." "If this is the case, there is little stopping a further equity melt up in global risk over the coming weeks and leaves the market positively disposed to any trade deals that come out through these negotiations," the JPMorgan traders added. Korea is among the countries that received a letter from Trump. Japan, another one, is also holding up this week with a marginal gain. Even the U.S. S & P 500 is appears to be looking beyond these headlines. Week to date, the benchmark is down 0.9% — a loss that can easily be clawed back in one trading day. Elsewhere Wednesday on Wall Street, Goldman Sachs downgraded SolarEdge Technologies to neutral from buy. "With the company successfully turning around its business, which has been a driver of the strong stock price appreciation since the beginning of the year, we believe it is prudent to move to the sidelines on SEDG given general market uncertainty across the [residential] sector," analyst Brian Lee wrote in a report published Tuesday. SolarEdge is down almost 2% premarket Wednesday.
