SolarEdge (SEDG)

• Market cap: $806M
• 1 day: -2.11%
• 5 days: -1.97%
• 1 month: -3.20%
• 3 months: -22.42%
• 6 months: -50.52%
• Year to date: -6.01%
• 1 year: -79.61%
• 5 years: -86.72%
• 10 years: -32.80%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

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 Q3 regulatory filings by fund managers ($100M+ AUM)

59% more call options, than puts

Call options by funds: $295M | Put options by funds: $186M

2% more repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 97

0.85% more ownership

Funds ownership: 99.28% [Q2] → 100.13% (+0.85%) [Q3]

9% less capital invested

Capital invested by funds: $1.44B [Q2] → $1.31B (-$129M) [Q3]

13% less funds holding

Funds holding: 327 [Q2] → 286 (-41) [Q3]

52% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 71

Research analyst outlook

15 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $3.90 72% downside
• Avg. target: $13.46 3% downside
• High target: $29 108% upside

15 analyst ratings

• positive: 2 13%
• neutral: 8 53%
• negative: 5 33%

Truist Securities Jordan Levy 21% 1-year accuracy 9 / 42 met price target	1% upside $14	Hold Maintained	16 Jan 2025
Barclays Christine Cho 60% 1-year accuracy 28 / 47 met price target	28% downside $10	Underweight Maintained	14 Jan 2025
Wells Fargo Michael Blum 79% 1-year accuracy 27 / 34 met price target	8% upside $15	Equal-Weight Maintained	8 Jan 2025
Citigroup Vikram Bagri 60% 1-year accuracy 6 / 10 met price target	35% downside $9	Sell Downgraded	8 Jan 2025
Canaccord Genuity Austin Moeller 58% 1-year accuracy 25 / 43 met price target	29% upside $18	Hold Maintained	7 Jan 2025