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SEDG

SolarEdge Technologies NasdaqGS:SEDG Stock Report

Last Price

US$303.11

Market Cap

US$16.9b

7D

-15.5%

1Y

2.8%

Updated

08 Aug, 2022

Data

Company Financials +
SEDG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance2/6
Financial Health4/6
Dividends0/6

SEDG Stock Overview

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide.

SolarEdge Technologies, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SolarEdge Technologies
Historical stock prices
Current Share PriceUS$303.11
52 Week HighUS$389.71
52 Week LowUS$200.86
Beta1.15
1 Month Change2.71%
3 Month Change29.65%
1 Year Change2.77%
3 Year Change249.89%
5 Year Change988.37%
Change since IPO1,364.30%

Recent News & Updates

Aug 08
What Is SolarEdge Technologies, Inc.'s (NASDAQ:SEDG) Share Price Doing?

What Is SolarEdge Technologies, Inc.'s (NASDAQ:SEDG) Share Price Doing?

Let's talk about the popular SolarEdge Technologies, Inc. ( NASDAQ:SEDG ). The company's shares saw a significant share...

Jul 29

SolarEdge Jumps After Inflation Reduction Act News, Earnings Ahead

Solar stocks notched a fresh 2022 high as positive news from Capitol Hill sparked a buying frenzy. SolarEdge, also a chip company, rallied 5% on Thursday. SEDG has a key earnings date on Tuesday while the stock continues to churn in a range. Solar stocks spiked on Thursday following news Wednesday night that Congress was working on an overhauled and light version of the dubious Build Back Better plan. The Inflation Reduction Act included many provisions that would benefit renewable energy providers through tax credits. The Invesco Solar ETF (TAN) rose more than 7% to a fresh year-to-date high on the news. Other alternative energy stocks rallied, too. Solar Stocks Shine Following Renewable Energy Tax Credit Proposal StockCharts.com One solar company is at the heart of it all. SolarEdge Technologies (SEDG), a 10% weight in TAN, nearly made a multi-year high on Thursday but settled for just a 4.9% advance. There remains uncertainty as to how much of the bill actually makes it through to law. According to Bank of America Global Research, SolarEdge is a leading global power electronics company headquartered in Israel. SEDG designs and sells semiconductor-based DC optimized inverter and battery systems - comprising of DC optimizers to regulate output at the module level, a string inverter to convert DC electricity to AC, and a DC-coupled battery to store electricity. SEDG sells its products to solar installers, EPCs, and distributors globally with the largest focus on North America and Europe. The $19 billion market cap Information Technology semiconductor stock is also impacted by goings on in the Energy sector and the chip space. BofA analysts expect SEDG earnings to grow sharply through 2024, rising at a clip in the 30% to 60% range per annum. They are more bullish than the Bloomberg consensus estimate. Given the massive EPS growth rate, it is expected that SolarEdge's P/E ratio is sky-high at 110 times last year's earnings, according to The Wall Street Journal. The earnings multiple should come down if the stock price remains confounded in its recent range. The company does not pay a dividend, but it does have positive free cash flow. SolarEdge: Earnings, Valuation, Free Cash Flow Forecasts BofA Global Research SEDG has a confirmed Q2 earnings date Tuesday, August 2, AMC, according to Wall Street Horizon, with a conference call to follow. The average of 19 analysts covering the stock expect EPS to come in at $1.39 per share. Corporate Event Calendar: Earnings On Tap Wall Street Horizon The Technical Take

Shareholder Returns

SEDGUS SemiconductorUS Market
7D-15.5%0.1%1.1%
1Y2.8%-9.7%-13.0%

Return vs Industry: SEDG exceeded the US Semiconductor industry which returned -7.8% over the past year.

Return vs Market: SEDG exceeded the US Market which returned -12.9% over the past year.

Price Volatility

Is SEDG's price volatile compared to industry and market?
SEDG volatility
SEDG Average Weekly Movement11.2%
Semiconductor Industry Average Movement8.4%
Market Average Movement7.9%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: SEDG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: SEDG's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20063,964Zivi Landohttps://www.solaredge.com

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide. It operates through five segments: Solar, Energy Storage, e-Mobility, Critical Power, and Automation Machines. The company offers inverters, power optimizers, communication devices, and smart energy management solutions used in residential, commercial, and small utility-scale solar installations; and a cloud-based monitoring platform that collects and processes information from the power optimizers and inverters, as well as monitors and manages the solar PV system.

SolarEdge Technologies, Inc. Fundamentals Summary

How do SolarEdge Technologies's earnings and revenue compare to its market cap?
SEDG fundamental statistics
Market CapUS$16.86b
Earnings (TTM)US$142.21m
Revenue (TTM)US$2.46b

118.6x

P/E Ratio

6.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SEDG income statement (TTM)
RevenueUS$2.46b
Cost of RevenueUS$1.77b
Gross ProfitUS$694.65m
Other ExpensesUS$552.44m
EarningsUS$142.21m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.56
Gross Margin28.22%
Net Profit Margin5.78%
Debt/Equity Ratio30.7%

How did SEDG perform over the long term?

See historical performance and comparison