SolarEdgeSEDG
Market Cap: $1.21B
About: SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers.
Employees: 5,633
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
47% more call options, than puts
Call options by funds: $309M | Put options by funds: $211M
19% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 91
5.77% more ownership
Funds ownership: 90.83% [Q1] → 96.6% (+5.77%) [Q2]
10% less funds holding
Funds holding: 362 [Q1] → 326 (-36) [Q2]
37% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 97
62% less capital invested
Capital invested by funds: $3.69B [Q1] → $1.4B (-$2.29B) [Q2]
Research analyst outlook
31 Wall Street Analysts provided 1 year price targets over the past 3 months
31 analyst ratings
Mizuho Maheep Mandloi 53% 1-year accuracy 16 / 30 met price target | 65%upside $35 | Outperform Maintained | 19 Sept 2024 |
Jefferies Julien Dumoulin-Smith 75% 1-year accuracy 36 / 48 met price target | 20%downside $17 | Underperform Downgraded | 17 Sept 2024 |
Jefferies Julien Dumoulin-Smith 75% 1-year accuracy 36 / 48 met price target | 27%upside $27 | Hold Initiated | 4 Sept 2024 |
Truist Securities Jordan Levy 48% 1-year accuracy 16 / 33 met price target | 6%downside $20 | Hold Maintained | 27 Aug 2024 |
Deutsche Bank Corinne Blanchard 25% 1-year accuracy 1 / 4 met price target | 18%upside $25 | Hold Maintained | 9 Aug 2024 |
Financial journalist opinion
Based on 15 articles about SEDG published over the past 30 days