Is there a Bearish outlook for SolarEdge Technologies, Inc. (NASDAQ:SEDG) this week?

May 23, 2018 - By Winifred Garcia

SolarEdge Technologies, Inc. (NASDAQ:SEDG) Logo

SolarEdge Technologies, Inc. (NASDAQ:SEDG) Ratings Coverage

Among 11 analysts covering SolarEdge Technologies (NASDAQ:SEDG), 8 have Buy rating, 1 Sell and 2 Hold. Therefore 73% are positive. SolarEdge Technologies had 18 analyst reports since November 27, 2017 according to SRatingsIntel. The firm has “Buy” rating by Cowen & Co given on Thursday, February 15. Roth Capital maintained the shares of SEDG in report on Thursday, March 22 with “Buy” rating. Roth Capital maintained SolarEdge Technologies, Inc. (NASDAQ:SEDG) rating on Thursday, May 10. Roth Capital has “Buy” rating and $7000 target. The firm has “Sell” rating by Vertical Group given on Wednesday, May 2. The stock of SolarEdge Technologies, Inc. (NASDAQ:SEDG) earned “Hold” rating by Deutsche Bank on Monday, November 27. JP Morgan maintained it with “Overweight” rating and $62 target in Monday, March 19 report. On Tuesday, March 27 the stock rating was maintained by Deutsche Bank with “Hold”. The company was downgraded on Thursday, May 10 by JMP Securities. The stock has “Buy” rating by Needham on Thursday, February 15. Canaccord Genuity maintained the stock with “Buy” rating in Thursday, February 15 report. Below is a list of SolarEdge Technologies, Inc. (NASDAQ:SEDG) latest ratings and price target changes.

10/05/2018 Broker: Roth Capital Rating: Buy New Target: $70.0000 Maintain
10/05/2018 Broker: JMP Securities Old Rating: Market Outperform New Rating: Market Perform Old Target: $25 Downgrade
08/05/2018 Broker: FBR Capital Old Rating: Buy New Rating: Buy Old Target: $48 New Target: $60 Maintain
02/05/2018 Broker: Vertical Group Old Rating: Buy New Rating: Sell Downgrade
27/03/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $45 New Target: $57 Maintain
22/03/2018 Broker: Roth Capital Rating: Buy New Target: $65.0000 Maintain
19/03/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $52 New Target: $62 Maintain
16/03/2018 Broker: UBS Rating: Buy New Target: $63 Initiates Coverage On
26/02/2018 Broker: Canaccord Genuity Old Rating: Buy New Rating: Buy Old Target: $50 New Target: $55 Maintain
15/02/2018 Broker: Canaccord Genuity Rating: Buy New Target: $50.0 Maintain

The stock decreased 1.34% or $0.9 during the last trading session, reaching $66.35. About 530,962 shares traded. SolarEdge Technologies, Inc. (NASDAQ:SEDG) has risen 268.00% since May 23, 2017 and is uptrending. It has outperformed by 256.45% the S&P500.

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current optimized inverter systems for solar photovoltaic (PV) installations in Israel, Europe, the United States, and internationally. The company has market cap of $2.99 billion. The companyÂ’s DC optimized inverter systems include power optimizers, inverters, and cloud monitoring software. It has a 35.86 P/E ratio. The Company’s products are used in a range of solar market divisions, including residential, commercial, and small utility-scale solar installations.

More notable recent SolarEdge Technologies, Inc. (NASDAQ:SEDG) news were published by: Nasdaq.com which released: “3 Stocks to Watch on Friday: Alphabet Inc (GOOG, GOOGL), Nektar Therapeutics (NKTR) and Solaredge Technologies …” on May 11, 2018, also Seekingalpha.com with their article: “SolarEdge Technologies 2018 Q1 – Results – Earnings Call Slides” published on May 09, 2018, 247Wallst.com published: “SolarEdge Does It Again in Q1” on May 10, 2018. More interesting news about SolarEdge Technologies, Inc. (NASDAQ:SEDG) were released by: Nasdaq.com and their article: “Why Solar Stocks Charged Higher Thursday” published on May 11, 2018 as well as Seekingalpha.com‘s news article titled: “SolarEdge: Now It’s A Growth Play” with publication date: May 14, 2018.

SolarEdge Technologies, Inc. (NASDAQ:SEDG) Ratings Chart

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