SolarEdge Technologies (NASDAQ:SEDG) Releases Earnings Results, Misses Estimates By $2.45 EPS

SolarEdge Technologies (NASDAQ:SEDG) released its earnings results on Wednesday. The semiconductor company reported ($3.97) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.52) by ($2.45), Zacks reports. SolarEdge Technologies had a negative net margin of 158.19% and a negative return on equity of 65.79%. SolarEdge Technologies updated its Q1 2025 guidance to EPS.

SolarEdge Technologies Price Performance

Shares of NASDAQ:SEDG opened at $21.79 on Wednesday. The company has a quick ratio of 1.46, a current ratio of 2.34 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $1.26 billion, a PE ratio of -0.75 and a beta of 1.56. SolarEdge Technologies has a twelve month low of $10.24 and a twelve month high of $84.69. The company has a 50-day moving average price of $14.30 and a two-hundred day moving average price of $17.27.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on SEDG shares. Susquehanna lowered their price objective on shares of SolarEdge Technologies from $20.00 to $11.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Guggenheim upgraded shares of SolarEdge Technologies from a “sell” rating to a “neutral” rating in a report on Wednesday, November 20th. Citigroup restated a “sell” rating and set a $9.00 price objective (down previously from $12.00) on shares of SolarEdge Technologies in a report on Wednesday, January 8th. Roth Mkm lowered their price objective on shares of SolarEdge Technologies from $20.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Finally, Morgan Stanley restated an “underweight” rating and set a $9.00 price objective (down previously from $23.00) on shares of SolarEdge Technologies in a report on Friday, November 15th. Eight research analysts have rated the stock with a sell rating, eighteen have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $20.84.

SolarEdge Technologies Company Profile

SolarEdge Technologies, Inc, together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.