SEDG - SolarEdge Technologies Inc Stock Price, Fair Value and News

48.41USD-2.11 (-4.18%)Market Closed

Market Summary

USD48.41-2.11

Market Closed

-4.18%

SEDG Alerts

Big fall in Revenue (Y/Y)

Big fall in earnings (Y/Y)
Losses in recent quarter

SEDG Stock Price

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SEDG RSI Chart

SEDG Valuation

Market Cap

2.8B

Price/Earnings (Trailing)

-10.61

Price/Sales (Trailing)

1.24

EV/EBITDA

-15.28

Price/Free Cashflow

-4.92

SEDG Price/Sales (Trailing)

SEDG Profitability

Operating Margin

16.88%

EBT Margin

-11.95%

Return on Equity

-11.66%

Return on Assets

-6.27%

Free Cashflow Yield

-20.32%

SEDG Fundamentals

SEDG Revenue

Revenue (TTM)

2.2B

Rev. Growth (Yr)

-78.35%

Rev. Growth (Qtr)

-35.33%

SEDG Earnings

Earnings (TTM)

-261.4M

Earnings Growth (Yr)

-213.68%

Earnings Growth (Qtr)

3.12%

Breaking Down SEDG Revenue

Last 7 days

-2.1%

Last 30 days

-19.0%

Last 90 days

-43.1%

Trailing 12 Months

-83.9%

How does SEDG drawdown profile look like?

SEDG Financial Health

Current Ratio

4.54

Debt/Equity

0.28

Debt/Cashflow

-0.64

SEDG Investor Care

Shares Dilution (1Y)

1.69%

Diluted EPS (TTM)

-4.52

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.2B	0	0	0
2023	3.4B	3.7B	3.6B	3.0B
2022	2.2B	2.5B	2.8B	3.1B
2021	1.4B	1.6B	1.8B	2.0B
2020	1.6B	1.6B	1.5B	1.5B
2019	999.2M	1.1B	1.3B	1.4B
2018	701.9M	792.9M	862.9M	937.2M
2017	479.8M	491.1M	529.2M	607.0M
2016	463.5M	489.8M	503.3M	490.0M
2015	277.1M	325.1M	373.2M	424.7M
2014	106.1M	133.2M	181.2M	229.1M
2013	0	79.0M	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of SolarEdge Technologies Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 29, 2024	avery more	bought	474,250	67.75	7,000	-
Jan 03, 2024	bechor uri	acquired	-	-	10,796	chief operating officer
Jan 03, 2024	prishkolnik rachel	acquired	-	-	7,360	vp,gc&corporate secretary
Jan 03, 2024	faier ronen	acquired	-	-	10,796	chief financial officer
Jan 03, 2024	lando zvi	acquired	-	-	24,809	chief executive officer
Nov 09, 2023	avery more	bought	1,085,630	70.9563	15,300	-
Nov 09, 2023	gani marcel	bought	367,450	73.49	5,000	-
Aug 09, 2023	gross dana rebecca	acquired	-	-	1,788	-
Aug 09, 2023	faier ronen	bought	157,588	180	875	chief financial officer
Jun 02, 2023	adest meir	sold	-90,650	302	-300	vp, core technologies

Which funds bought or sold SEDG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	reduced	-10.92	-816,697	1,700,240	0.01%
May 16, 2024	LBP AM SA	sold off	-100	-501,826	-	-%
May 16, 2024	Vancity Investment Management Ltd	sold off	-100	-1,735,000	-	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-9.62	-8,212,740	17,893,700	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	added	1.62	-1,092,680	3,671,650	-%
May 16, 2024	Beacon Capital Management, LLC	sold off	-100	-2,590	-	-%
May 16, 2024	Global Financial Private Client, LLC	unchanged	-	-792	2,484	-%
May 16, 2024	Creekmur Asset Management LLC	sold off	-100	-9,360	-	-%
May 16, 2024	Pineridge Advisors LLC	sold off	-100	-1,498	-	-%
May 16, 2024	Tidal Investments LLC	added	251	2,547,900	4,081,070	0.07%

Are Funds Buying or Selling SEDG?

Are funds buying SEDG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SEDG

No. of Funds

Unveiling SolarEdge Technologies Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 30, 2024	swedbank robur fonder ab	7.52%	4,273,621	SC 13G/A
Jan 08, 2024	blackrock inc.	15.8%	8,996,578	SC 13G/A
Mar 08, 2023	blackrock inc.	10.2%	5,745,859	SC 13G/A
Jan 27, 2023	blackrock inc.	9.3%	5,203,122	SC 13G/A
Jan 24, 2023	blackrock inc.	9.3%	5,203,122	SC 13G/A
Jul 08, 2022	blackrock inc.	10.3%	5,719,965	SC 13G
Feb 11, 2022	swedbank robur fonder ab	3.16%	1,657,113	SC 13G
Feb 09, 2022	fmr llc	-	0	SC 13G/A
Feb 08, 2022	blackrock inc.	8.5%	4,457,148	SC 13G/A
Feb 08, 2021	fmr llc	-	0	SC 13G

Recent SEC filings of SolarEdge Technologies Inc

View All Filings

Date Filed	Form Type	Document
May 09, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 26, 2024	DEFA14A	DEFA14A
Apr 26, 2024	DEF 14A	DEF 14A
Apr 26, 2024	ARS	ARS
Apr 17, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Feb 26, 2024	10-K	Annual Report
Feb 20, 2024	8-K	Current Report

Peers (Alternatives to SolarEdge Technologies Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
FSLR	21.2B	3.6B	11.00%	-4.21%	20.64	5.93	27.28%	2360.58%
ENPH	15.6B	1.8B	2.06%	-30.15%	56.38	8.51	-30.11%	-43.96%
MID-CAP
SEDG	2.8B	2.2B	-18.97%	-83.95%	-10.61	1.24	-34.19%	-231.31%
RUN	2.6B	2.1B	9.77%	-23.99%	-1.82	1.24	-11.90%	-7091.51%
SMALL-CAP
BEEM	88.8B	67.4M	-1.45%	-48.48%	-5.5K	1.3K	86.60%	18.40%
ARRY	1.7B	1.4B	-1.79%	-52.22%	14.7	1.23	-21.04%	100.48%
SHLS	1.1B	474.7M	-22.58%	-72.71%	37.5	2.3	30.38%	-79.56%
SPWR	498.0M	1.8B	22.94%	-72.95%	-3.38	0.22	14.74%	-307.59%
FTCI	63.0M	98.7M	21.95%	-83.44%	-1.33	0.64	-13.73%	43.41%
ASTI	3.7M	458.3K	9.09%	-29.41%	-0.27	8.05	-62.52%	37.22%
SUNW	1.7M	154.9M	-	-97.50%	-0.02	0.01	10.63%	-80.26%

SolarEdge Technologies Inc News

Latest updates

SolarEdge Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-35.3%	204	316	725	991	944	891	837	728	655	552	526	480	405	358	338	332	431	418	411	325	272
Cost Of Revenue	-38.1%	231	372	582	674	644	630	615	545	476	391	354	324	265	248	230	229	291	275	271	214	186
Gross Profit	53.6%	-26.19	-56.42	143	317	300	261	222	183	179	160	173	156	140	110	108	103	140	143	139	111	86.00
Operating Expenses	-18.6%	148	181	160	167	156	266	138	147	128	119	106	101	96.00	96.00	78.00	73.00	72.00	93.00	73.00	65.00	58.00
S&GA Expenses	0.3%	39.00	39.00	40.00	44.00	41.00	43.00	43.00	39.00	35.00	33.00	29.00	29.00	27.00	29.00	22.00	21.00	24.00	24.00	22.00	22.00	20.00
R&D Expenses	0.5%	75.00	75.00	80.00	87.00	80.00	79.00	70.00	75.00	66.00	64.00	56.00	53.00	47.00	48.00	41.00	38.00	37.00	35.00	31.00	30.00	26.00
EBITDA Margin	-300.7%	-0.09*	0.05*	0.11*	0.13*	0.10*	0.07*	0.08*	0.09*	0.11*	0.12*	0.12*	0.12*	-	-	-	-	-	-	-	-	-
Income Taxes	55.4%	-23.75	-53.20	36.00	34.00	29.00	30.00	34.00	7.00	12.00	-6.24	8.00	9.00	8.00	7.00	2.00	5.00	9.00	9.00	7.00	13.00	4.00
Earnings Before Taxes	16.0%	-180	-215	-25.11	154	168	51.00	59.00	22.00	45.00	35.00	61.00	54.00	38.00	25.00	46.00	42.00	51.00	62.00	49.00	46.00	22.00
EBT Margin	-538.7%	-0.12*	0.03*	0.10*	0.12*	0.09*	0.06*	0.06*	0.07*	0.09*	0.10*	0.10*	0.10*	-	-	-	-	-	-	-	-	-
Net Income	3.1%	-157	-162	-61.18	120	138	21.00	25.00	15.00	33.00	41.00	53.00	45.00	30.00	18.00	44.00	37.00	42.00	53.00	42.00	33.00	19.00
Net Income Margin	-1113.0%	-0.12*	0.01*	0.06*	0.08*	0.06*	0.03*	0.04*	0.06*	0.08*	0.09*	0.08*	0.09*	-	-	-	-	-	-	-	-	-
Free Cashflow	-34.9%	-243	-180	-5.36	-134	-30.41	67.00	-27.64	29.00	-206	34.00	33.00	-2.04	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-9.2%	4,167	4,588	4,651	4,697	4,496	4,266	3,904	3,773	3,683	2,901	2,657	2,564	2,465	2,437	2,278	1,606	1,514	1,495	1,338	1,222	1,177
Current Assets	-9.5%	2,989	3,304	3,363	3,449	3,242	2,900	2,452	2,284	2,462	1,711	1,553	1,489	1,585	1,719	1,745	1,073	956	933	835	731	718
Cash Equivalents	-36.7%	214	338	551	558	728	783	678	746	1,003	530	527	524	685	827	1,048	428	324	224	247	177	226
Inventory	7.3%	1,549	1,443	1,178	984	874	729	561	470	433	380	305	322	340	332	297	264	199	171	134	149	151
Net PPE	-1.5%	605	615	605	581	556	544	491	489	474	410	353	340	312	303	258	226	196	177	150	140	133
Goodwill	-3.5%	41.00	43.00	41.00	42.00	30.00	31.00	109	116	127	130	132	136	135	140	133	128	126	130	-	-	-
Current Liabilities	-26.2%	659	893	877	898	900	890	694	612	569	525	406	400	398	436	383	405	390	437	335	294	248
Long Term Debt	0.1%	628	627	627	626	625	624	624	623	622	622	621	620	619	573	570	-	-	-	-	-	-
LT Debt, Non Current	-100.0%	-	627	627	626	625	624	624	623	622	622	621	620	619	573	570	-	-	-	-	-	-
Shareholder's Equity	-7.1%	2,241	2,412	2,490	2,520	2,351	2,176	2,052	2,028	2,011	1,310	1,242	1,178	1,100	1,086	460	417	492	812	732	674	626
Retained Earnings	-20.2%	621	778	941	1,002	882	744	723	698	683	650	609	556	511	478	460	417	380	338	285	243	210
Additional Paid-In Capital	2.3%	1,720	1,681	1,634	1,596	1,546	1,506	1,457	1,419	1,373	687	652	625	596	604	574	512	492	476	450	432	417
Shares Outstanding	-0.6%	57.00	57.00	57.00	57.00	56.00	56.00	56.00	54.00	53.00	52.00	52.00	52.00	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5.00	6.00	71.00
Float	-	-	-	-	15,100	-	-	-	-	-	-	-	15.10*	-	-	-	6,828	-	-	-	2,863	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-55.1%	-217,019	-139,910	40,585	-88,711	7,923	111,300	5,558	77,415	-162,989	89,577	61,784	38,685	24,083	27,226	28,374	59,310	107,745	83,066	68,700	50,784	56,450
Share Based Compensation	7.7%	37,606	34,930	36,815	38,965	39,235	38,607	35,751	37,074	34,107	29,203	26,185	24,052	23,153	24,316	16,259	13,961	12,773	21,668	17,609	11,372	9,704
Cashflow From Investing	284.6%	149,008	-80,707	-43,733	-76,674	-67,780	-36,530	-54,581	-310,799	-15,134	-86,252	-61,961	-182,416	-153,582	-237,336	-26,177	46,800	-19,924	-94,456	-6,176	-35,176	-17,045
Cashflow From Financing	-7732.1%	-50,987	-651	-1,164	-4,919	-5,222	7,472	-1,271	-3,929	652,335	4,254	1,774	-19,144	-2,062	3,171	628,317	5,681	3,315	-4,714	-922	-64,755	-2,630

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SEDG Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenues	$ 204,399	$ 943,889
Cost of revenues	230,586	643,763
Gross profit (loss)	(26,187)	300,126
Operating expenses:
Research and development	75,351	79,873
Sales and marketing	38,911	40,966
General and administrative	30,865	36,567
Other operating expense (income), net	2,391	(1,434)
Total operating expenses	147,518	155,972
Operating income (loss)	(173,705)	144,154
Financial income (expense), net	(7,064)	23,674
Other loss, net	0	(125)
Income (loss) before income taxes	(180,769)	167,703
Tax benefits (income taxes)	23,754	(29,325)
Net loss from equity method investments	(296)	0
Net income (loss)	$ (157,311)	$ 138,378
Net basic earnings (loss) per share of common stock	$ (2.75)	$ 2.46
Net diluted earnings (loss) per share of common stock	$ (2.75)	$ 2.35
Weighted average number of shares used in computing net basic earnings (loss) per share of common stock	57,140,126	56,215,490
Weighted average number of shares used in computing net diluted earnings (loss) per share of common stock	57,140,126	59,193,831

SEDG Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS:
Cash and cash equivalents	$ 214,229	$ 338,468
Marketable securities	466,407	521,570
Trade receivables, net of allowances of $19,110 and $16,400, respectively	404,390	622,425
Inventories, net	1,549,122	1,443,449
Prepaid expenses and other current assets	354,919	378,394
Total current assets	2,989,067	3,304,306
LONG-TERM ASSETS:
Marketable securities	268,203	407,825
Deferred tax assets, net	122,564	80,912
Property, plant and equipment, net	605,223	614,579
Operating lease right-of-use assets, net	59,474	64,167
Intangible assets, net	33,037	35,345
Goodwill	41,470	42,996
Other long-term assets	47,784	37,601
Total long-term assets	1,177,755	1,283,425
Total assets	4,166,822	4,587,731
CURRENT LIABILITIES:
Trade payables, net	171,412	386,471
Employees and payroll accruals	73,666	76,966
Warranty obligations	181,333	183,047
Deferred revenues and customers advances	36,081	40,836
Accrued expenses and other current liabilities	196,398	205,911
Total current liabilities	658,890	893,231
LONG-TERM LIABILITIES:
Convertible senior notes, net	628,115	627,381
Warranty obligations	321,166	335,197
Deferred revenues	218,535	214,607
Finance lease liabilities	40,630	41,892
Operating lease liabilities	40,982	45,070
Other long-term liabilities	17,953	18,444
Total long-term liabilities	1,267,381	1,282,591
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS’ EQUITY:
Common stock of $0.0001 par value - Authorized: 125,000,000 shares; issued: 57,298,691 shares at March 31, 2024 and 57,123,437 shares at December 31, 2023; outstanding: 56,792,795 shares at March 31, 2024 and 57,123,437 shares at December 31, 2023.	6	6
Additional paid-in capital	1,719,523	1,680,622
Treasury stock, at cost; 505,896 shares held	(33,222)	0
Accumulated other comprehensive loss	(66,611)	(46,885)
Retained earnings	620,855	778,166
Total stockholders’ equity	2,240,551	2,411,909
Total liabilities and stockholders’ equity	$ 4,166,822	$ 4,587,731

About SolarEdge Technologies Inc

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 in Solar and All Other segments. 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. It also provides residential, commercial, and large scale PV, energy storage and backup, electric vehicle charging, and home energy management solutions, as well as grid services; and e-Mobility, automation machines, and lithium-ion cells and batteries, as well as virtual power plants. In addition, the company offers pre-sales support, ongoing trainings, and technical support and after installation services. The company sells its products to the providers of solar PV systems; and solar installers and distributors, electrical equipment wholesalers, and PV module manufacturers, as well as engineering, procurement, and construction firms. SolarEdge Technologies, Inc. was incorporated in 2006 and is headquartered in Herzliya, Israel.

CEO	Mr. Zvi Lando
WEBSITE	solaredge.com
INDUSTRY	Solar
EMPLOYEES	4926

SolarEdge Technologies Inc Frequently Asked Questions

What is the ticker symbol for SolarEdge Technologies Inc? What does SEDG stand for in stocks?

SEDG is the stock ticker symbol of SolarEdge Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SolarEdge Technologies Inc (SEDG)?

As of Fri May 17 2024, market cap of SolarEdge Technologies Inc is 2.77 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SEDG stock?

You can check SEDG's fair value in chart for subscribers.

What is the fair value of SEDG stock?

You can check SEDG's fair value in chart for subscribers. The fair value of SolarEdge Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SolarEdge Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SEDG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SolarEdge Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether SEDG is over valued or under valued. Whether SolarEdge Technologies Inc is cheap or expensive depends on the assumptions which impact SolarEdge Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SEDG.

What is SolarEdge Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, SEDG's PE ratio (Price to Earnings) is -10.61 and Price to Sales (PS) ratio is 1.24. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SEDG PE ratio will change depending on the future growth rate expectations of investors.