SolarEdge Technologies (SEDG) has been upgraded to "Market Perform" by Northland analyst Gus Richard, with a price target reduced to $12.50 from $15. The analysis forecasts $350m in net cash at the end of 2025, with no bankruptcy filings expected. Analysts forecast an average target price of $17.97, implying a 53.43% upside from the current price of $11.72.
SolarEdge Technologies (SEDG), a global leader in smart energy technology, has been upgraded to "Market Perform" by Northland analyst Gus Richard. The analyst has reduced the price target to $12.50 from $15, forecasting $350 million in net cash at the end of 2025, with no bankruptcy filings expected [3].
The upgrade comes amidst a mixed bag of analyst opinions. Jefferies Financial Group has cut its price target to $9.00, citing potential downside risks, while Goldman Sachs and Piper Sandler have raised their targets to $31.00 and $10.00, respectively. Despite the varying opinions, the consensus price target stands at $21.53, implying an average upside of 53.43% from the current price of $11.72 [1].
SolarEdge Technologies has been underperforming relative to the broader market and sector. Over the past month, the stock has lost 25.96%, lagging the Oils-Energy sector's loss of 10.82% and the S&P 500's loss of 5.07%. The upcoming earnings release on May 6, 2025, is expected to provide more clarity on the company's financial health [2].
The company recently launched the ONE Controller for German residential solar systems at Intersolar Europe 2025, complying with Germany's new §14a EnWG regulation. This innovation enables integration with smart meters and controllable energy loads, opening up new opportunities for the company in the German residential solar market [3].
The Zacks Rank for SolarEdge Technologies currently stands at #3 (Hold), indicating a neutral outlook from analysts. The stock's performance relative to the broader market and sector, along with the upcoming earnings release, will be key factors to watch in the coming months.
References:
[1] https://www.marketbeat.com/instant-alerts/jefferies-financial-group-cuts-solaredge-technologies-nasdaqsedg-price-target-to-900-2025-04-15/
[2] https://www.nasdaq.com/articles/solaredge-technologies-sedg-stock-dips-while-market-gains-key-facts
[3] https://www.gurufocus.com/news/2801356/intersolar-europe-2025-solaredge-launches-new-14a-compliant-solution-opening-german-residential-solar-customers-to-smart-integration-of-controllable-energy-loads-sedg-stock-news
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