Key TakeawaysShares of SolarEdge Technologies jumped after Goldman Sachs analysts reportedly gave the company a double upgrade.The analysts reportedly said concerns over SolarEdge's debt may be overblown and that a recent restructuring may improve its product mix.Despite the gains Tuesday, SolarEdge stock is down nearly 85% in 2024. SolarEdge Technologies (SEDG) shares rallied Tuesday after analysts at Goldman Sachs reportedly issued a double upgrade for the solar equipment maker.  Goldman bumped its rating ...

Goldman Sachs analyst Brian Lee revised ratings for key residential solar stocks. The analyst notes there is a disconnect between the mid-to-long-term fundamentals and valuations for solar/storage equities heading into 2025.Solar equities appear to be overpricing risks tied to policy uncertainty, even though secular growth drivers, such as U.S. power demand and pricing, remain strong.SEDG: The analyst upgraded SolarEdge Technologies, Inc. SEDG rating to Buy from Sell and raised the price target to $19 (from ...

Shares of SolarEdge Technologies Inc (NASDAQ:SEDG) are up 13.6% at $13.99 at last glance, after a rare double-upgrade from Goldman Sachs to "buy" from "sell." The analyst sees upside for the stock in 2025, saying the market is "overplaying the risks" of the solar sector. Goldman Sachs is now, notably, one of just a few analysts in coverage carrying a bullish rating on SEDG. Of the 35 analysts in coverage, 24 carry a "hold," and eight a "sell" or worse. SolarEdge stock is now headed for its largest single-da ...

SolarEdge Technologies Inc. (SEDG) recently launched its first commercial storage system, the CSS-OD battery, in Germany. This new battery, paired with SolarEdge’s solar inverter and power optimizer, offers an integrated solar and storage solution, which can be used both indoors and outdoors. This launch should strengthen SEDG’s footprint in the rapidly expanding global battery energy storage systems (BESS) market.More on SEDG’s CSS-OD BatteryThe CSS-OD battery comes with a 102.4 kWh-rated cabinet and can b ...

Struggling next-generation energy company SolarEdge Technologies (SEDG 8.55%) gave investors a reason to be sunny and cheerful on Thursday with its latest news. The company announced it was shutting down one of its less significant businesses, and the market reacted by sending the stock price nearly 9% higher. This was in sharp contrast to the slumping S&P 500 index, which ended the day 0.4% lower.Pulling the plugBefore market open, SolarEdge announced that it is ceasing all activity in its energy storage d ...

SolarEdge Technologies, Inc. SEDG shares are trading relatively flat on Thursday.Yesterday, the company reported third-quarter results, with revenues of $260.9 million, down 2% from $265.4 million in the prior quarter and down 64% from $725.3 million in the same quarter last year.Revenues from the solar segment were $247.5 million, down 63% from $676.9 million in the same quarter last year.Here are the analysts’ takes on the earnings results:Piper Sandler analyst Kashy Harrison downgraded the stock to Under ...

For the transition period from _________ to __________ Commission File Number: 001-36894 SOLAREDGE TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) Identification No.) 20-5338862 (IRS Employer 1 HaMada Street Herziliya Pituach, 4673335, Israel (Address of Principal Executive Offices, zip code) 972 (9) 957-6620 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of ...

Solar stocks got a lot cheaper this week. You still shouldn't buy them.SolarEdge (SEDG -1.08%) stock is taking investors on a wild ride on Thursday -- but not just investors in SolarEdge stock. After reporting a gigantic earnings miss last night, shares of the Israeli solar inverter stock opened down 13% from Wednesday's closing price. The shares proceeded to fall further in the day's opening minutes, before turning around, gaining back (almost) all their losses -- then retreating again. As of 11:15 a.m. ET ...

SolarEdge Technologies, Inc. (SEDG) reported a third-quarter 2024 adjusted loss of $15.33 per share, wider than the Zacks Consensus Estimate of a loss of $1.55. The bottom line also deteriorated from the prior-year quarter’s loss of 55 cents per share.See the Zacks Earnings Calendar to stay ahead of market-making news.Barring one-time adjustments, the company incurred a GAAP loss of $21.13 per share compared with the GAAP loss of $1.08 per share in the year-ago period.The year-over-year deterioration in the ...

I am mostly a trader engaging in both long and short bets intraday and occasionally over the short- to medium term. My historical focus has been mostly on tech stocks but over the past couple of years I have also started broad coverage of the offshore drilling and supply industry as well as the shipping industry in general (tankers, containers, drybulk). In addition, I am having a close eye on the still nascent fuel cell industry.I am located in Germany and have worked quite some time as an auditor for Pric ...