In recent trading session, Solaredge Technologies Inc (NASDAQ:SEDG) saw 1.48 million shares changing hands at last check today with its beta currently measuring 1.56. Company’s recent per share price level of $14.35 trading at -$0.64 or -4.30% at last check today assigns it a market valuation of $831.34M. That most recent trading price of SEDG’s stock is at a discount of -513.1% from its 52-week high price of $87.98 and is indicating a premium of 28.64% from its 52-week low price of $10.24. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.72 million shares which gives us an average trading volume of 5.36 million if we extend that period to 3-months.

For Solaredge Technologies Inc (SEDG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.21. Splitting up the data highlights that, out of 25 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 12 suggested the stock as a Hold whereas 12 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -1.57 in the current quarter.

Solaredge Technologies Inc (NASDAQ:SEDG) trade information

Upright in the red during last session for losing -4.30%, in the last five days SEDG remained trading in the red while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $14.35 price level, adding 24.47% to its value on the day. Solaredge Technologies Inc’s shares saw a change of 5.48% in year-to-date performance and have moved -3.07% in past 5-day. Solaredge Technologies Inc (NASDAQ:SEDG) showed a performance of 0.46% in past 30-days. Number of shares sold short was 22.01 million shares which calculate 4.27 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 23 to the stock, which implies a rise of 37.61% to its recent value today. Analysts have been projecting 9 as a low price target for the stock while placing it at a high target of 28. It follows that stock’s current price would jump 37.28% in reaching the projected high whereas dropping to the targeted low would mean a gain of 37.28% for stock’s current value.

Solaredge Technologies Inc (SEDG) estimates and forecasts

Statistics highlight that Solaredge Technologies Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -52.04% of value to its shares in past 6 months, showing an annual growth rate of -606.31% while that of industry is -13.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -69.06% from the last financial year’s standing.

24 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 189.03M for the same. And 21 analysts are in estimates of company making revenue of 211.43M in the next quarter. Company posted 316.04M and 204.4M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -25.90% during past 5 years.

Solaredge Technologies Inc (NASDAQ:SEDG)’s Major holders

Insiders are in possession of 1.83% of company’s total shares while institution are holding 103.30 percent of that, with stock having share float percentage of 105.23%. Investors also watch the number of corporate investors in a company very closely, which is 103.30% institutions for Solaredge Technologies Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at SEDG for having 7.92 million shares of worth $200.01 million. And as of 2024-06-30, it was holding 13.857 of the company’s outstanding shares.

The second largest institutional holder is GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC, which was holding about 3.34 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.8424 of outstanding shares, having a total worth of $84.33 million.

On the other hand, iShares Core S&P Smallcap ETF and Invesco ETF TR II-Invesco Solar ETF are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024, the former fund manager was holding 3.64 shares of worth $51.59 million or 6.29% of the total outstanding shares. The later fund manager was in possession of 1.65 shares on Oct 31, 2024, making its stake of worth around $23.39 million in the company or a holder of 2.85% of company’s stock.