SolarEdge Technologies (SEDG) Stock Forecast & Price Target

$19.49

-1.17 (-5.66%)

(As of 09/6/2024 ET)

SolarEdge Technologies - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 33 Analyst Ratings

Based on 33 Wall Street analysts who have issued ratings for SolarEdge Technologies in the last 12 months, the stock has a consensus rating of "Hold." Out of the 33 analysts, 3 have given a sell rating, 26 have given a hold rating, and 4 have given a buy rating for SEDG.

Consensus Price Target

$51.62
164.83% Upside

High Forecast	$147.00
Average Forecast	$51.62
Low Forecast	$19.00

According to the 33 analysts' twelve-month price targets for SolarEdge Technologies, the average price target is $51.62. The highest price target for SEDG is $147.00, while the lowest price target for SEDG is $19.00. The average price target represents a forecasted upside of 164.83% from the current price of $19.49.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	16 Buy rating(s)
Hold	26 Hold rating(s)	24 Hold rating(s)	24 Hold rating(s)	6 Hold rating(s)
Sell	3 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$51.62	$54.36	$86.38	$330.19
Forecasted Upside	164.83% Upside	34.02% Upside	31.19% Upside	30.89% Upside

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SEDG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SEDG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

SolarEdge Technologies Stock vs. The Competition

Type	SolarEdge Technologies	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.03	2.60	2.51
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	164.83% Upside	120.24% Upside	11.36% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/4/2024	Jefferies Financial Group 2 of 5 stars		Initiated Coverage	Hold	$27.00	+22.34%
8/29/2024	William Blair 2 of 5 stars	J. Dorsheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Market Perform
8/27/2024	Truist Financial 1 of 5 stars		Reiterated Rating	Hold ➝ Hold	$20.00 ➝ $20.00	-20.13%
8/9/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$40.00 ➝ $25.00	+18.60%
8/9/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sell ➝ Sell	$25.00 ➝ $19.00	-10.25%
8/8/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform ➝ Sector Perform	$37.00 ➝ $35.00	+53.04%
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8/8/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform ➝ Sector Perform	$46.00 ➝ $41.00	+81.98%
8/8/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$31.00 ➝ $25.00	+10.82%
8/8/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$27.00 ➝ $23.00	+2.63%
8/8/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Perincheril Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$36.00 ➝ $24.00	+1.74%
8/8/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$50.00 ➝ $35.00	+48.37%
8/8/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$29.00 ➝ $25.00	+5.98%
8/8/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$38.00 ➝ $27.00	+14.46%
7/17/2024	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Hold ➝ Sell	$24.00	-20.53%
7/16/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$49.00 ➝ $50.00	+76.49%
7/2/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$62.00 ➝ $29.00	+22.36%
6/26/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$83.00 ➝ $41.00	+55.30%
5/10/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$104.00 ➝ $84.00	+59.48%
5/9/2024	Northland Capmk Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Richard Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
5/9/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$83.00 ➝ $71.00	+33.33%
5/9/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$73.00 ➝ $56.00	+3.61%
5/9/2024	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
4/22/2024	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$133.00 ➝ $124.00	+126.69%
4/16/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$50.00 ➝ $61.00	+0.93%
3/22/2024	Janney Montgomery Scott Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
11/6/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$243.00 ➝ $80.00	+5.96%
11/3/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Peer Perform
11/2/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$71.00	-6.32%
11/2/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
10/20/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Shen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
10/20/2023	Johnson Rice Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Accumulate ➝ Hold	$300.00 ➝ $140.00	+74.63%
10/20/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
3/6/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sector Weight ➝ Sector Weight
12/23/2022	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$325.00	+4.35%
12/5/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$309.00 ➝ $360.00	+16.59%
11/8/2022	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$380.00 ➝ $370.00	+75.11%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:50 PM ET.

SEDG Forecast - Frequently Asked Questions

What is SolarEdge Technologies' forecast for 2024?: According to the research reports of 33 Wall Street equities research analysts, the average twelve-month stock price forecast for SolarEdge Technologies is $51.62, with a high forecast of $147.00 and a low forecast of $19.00.
Should I buy or sell SolarEdge Technologies stock right now?: 33 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SolarEdge Technologies in the last year. There are currently 3 sell ratings, 26 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SEDG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SEDG, but not buy additional shares or sell existing shares.
Does SolarEdge Technologies's stock price have much upside?: According to analysts, SolarEdge Technologies's stock has a predicted upside of 33.91% based on their 12-month stock forecasts.
Has SolarEdge Technologies been upgraded or downgraded by Wall Street analysts recently?: Over the previous 90 days, SolarEdge Technologies's stock had 1 upgrade and 1 downgrade by analysts.
What analysts cover SolarEdge Technologies?: SolarEdge Technologies has been rated by research analysts at Bank of America, Canaccord Genuity Group, Canaccord Genuity Group, Deutsche Bank Aktiengesellschaft, DZ Bank, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Roth Mkm, Royal Bank of Canada, Scotiabank, Susquehanna, TD Cowen, The Goldman Sachs Group, Truist Financial, Wells Fargo & Company, and William Blair in the past 90 days.
Do Wall Street analysts like SolarEdge Technologies more than its competitors?: Analysts like SolarEdge Technologies less than other "oils/energy" companies. The consensus rating for SolarEdge Technologies is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how SEDG compares to other companies.