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SolarEdge Technologies (SEDG-Q)
NASDAQ:SEDG
14.41
0.32
(2.27%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
The experts' reviews indicate that SolarEdge Technologies (SEDG-Q) has faced challenges in the solar sector, including lower guidance, decreased demand, and reduced cash flow. This has led to concerns about negative earnings growth and a significant drop in EPS for the next year. However, the company's balance sheet remains strong with a significant net cash position. Overall, the outlook for SEDG appears to be challenging in the near term due to industry headwinds and internal performance issues.
$94.870
Unknown
Down 71% this year with the sector, because of high interest rates. With rates easing, shares climbed today.
Is leaving the S&P. Solar stocks got killed by higher interest rates. Earnings have vanished.
They just delayed their new battery launch and got slammed for it with downgrades and stock sell-offs. He prefers First Solar, the best in this industry. A Biden White House would be a tailwind to the sector.
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SolarEdge Technologies(SEDG-Q) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 2
SolarEdge Technologies(SEDG-Q) Frequently Asked Questions
What is SolarEdge Technologies stock symbol?
SolarEdge Technologies is a American stock, trading under the symbol SEDG-Q on the NASDAQ (SEDG). It is usually referred to as NASDAQ:SEDG or SEDG-Q
Is SolarEdge Technologies a buy or a sell?
In the last year, 2 stock analysts published opinions about SEDG-Q. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for SolarEdge Technologies.
Is SolarEdge Technologies a good investment or a top pick?
SolarEdge Technologies was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for SolarEdge Technologies.
Why is SolarEdge Technologies stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is SolarEdge Technologies worth watching?
2 stock analysts on Stockchase covered SolarEdge Technologies In the last year. It is a trending stock that is worth watching.
What is SolarEdge Technologies stock price?
On 2024-12-11, SolarEdge Technologies (SEDG-Q) stock closed at a price of $14.41.
The solar sector got hit hard in 2023 with rising inflation and rates, government subsidies ending, and general aversion to the sector after some high flying years and high valuations. Specifically to SEDG, the company has guided lower several times this year. Investors are worried that a bad slump in demand, especially in Europe, could worsen and/or last longer than expected. The rapid (negative) change in volumes and margins likely means very weak to negative earnings growth for some time. EPS is expected to go from $3.90 this year to less than $1 next year. Cash flow has also dwindled to $71M this year from more than $200M in 2019 to 2021. The balance sheet is fine with about $700M net cash.
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