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SEDG

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

52.19USD+2.72 (+5.50%)Market Closed

Market Summary

SEDG
USD52.19+2.72
Market Closed
5.50%

SEDG Alerts

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

SEDG Stock Price

View Fullscreen

SEDG RSI Chart

SEDG Valuation

Market Cap

3.0B

Price/Earnings (Trailing)

-11.44

Price/Sales (Trailing)

1.34

EV/EBITDA

-16.32

Price/Free Cashflow

-5.31

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

-18.85%

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

-13.1%

Last 30 days

-20.1%

Last 90 days

-31.8%

Trailing 12 Months

-82.7%

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

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.2B000
20233.4B3.7B3.6B3.0B
20222.2B2.5B2.8B3.1B
20211.4B1.6B1.8B2.0B
20201.6B1.6B1.5B1.5B
2019999.2M1.1B1.3B1.4B
2018701.9M792.9M862.9M937.2M
2017479.8M491.1M529.2M607.0M
2016463.5M489.8M503.3M490.0M
2015277.1M325.1M373.2M424.7M
2014106.1M133.2M181.2M229.1M
2013079.0M00
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Tracking the Latest Insider Buys and Sells of SolarEdge Technologies Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold SEDG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 10, 2024
Marathon Trading Investment Management LLC
sold off
-100
-1,315,830
-
-%
May 10, 2024
M&G Plc
new
-
29,411,800
29,411,800
0.11%
May 10, 2024
JPMORGAN CHASE & CO
reduced
-7.8
-3,277,960
7,620,130
-%
May 10, 2024
Orion Capital Management LLC
unchanged
-
-2,262
7,098
-%
May 10, 2024
TD Waterhouse Canada Inc.
reduced
-15.91
-1,189
2,592
-%
May 10, 2024
Scarborough Advisors, LLC
added
6.67
-1,342
5,678
-%
May 10, 2024
CIBC Private Wealth Group, LLC
new
-
7,735
7,735
-%
May 10, 2024
CITIGROUP INC
reduced
-15.19
-4,427,670
7,979,290
-%
May 10, 2024
DIMENSIONAL FUND ADVISORS LP
reduced
-19.56
-4,811,910
7,521,650
-%
May 10, 2024
PNC Financial Services Group, Inc.
reduced
-51.68
-893,003
516,520
-%

1–10 of 34

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 FiledName of FilerPercent of ClassNo. of SharesForm 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)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
20.3B
3.6B
3.90% -18.17%
19.8
5.69
27.28% 2360.58%
15.1B
1.8B
-5.32% -33.87%
54.63
8.25
-30.11% -43.96%
MID-CAP
3.0B
2.2B
-20.14% -82.71%
-11.44
1.34
-34.19% -231.31%
2.6B
2.1B
-0.95% -29.91%
-1.76
1.2
-11.90% -7091.51%
SMALL-CAP
91.4B
67.4M
12.52% -36.27%
-5.7K
1.4K
86.60% 18.40%
1.9B
1.4B
-2.09% -42.33%
16.98
1.42
-21.04% 100.48%
1.2B
474.7M
-22.25% -70.39%
41.71
2.56
30.38% -79.56%
482.2M
1.8B
10.89% -74.30%
-3.38
0.22
14.74% -307.59%
61.7M
98.7M
4.26% -84.19%
-1.31
0.63
-13.73% 43.41%
3.1M
458.3K
-23.08% -58.33%
-0.23
6.71
-62.52% 37.22%
1.7M
154.9M
- -97.50%
-0.02
0.01
10.63% -80.26%

SolarEdge Technologies Inc News

Latest updates
Defense World • 3 hours ago
Yahoo Canada Shine On • 9 hours ago
Yahoo Finance • 08 May 2024 • 11:45 am

SolarEdge Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-35.3%204316725991944891837728655552526480405358338332431418411325272
Cost Of Revenue-38.1%231372582674644630615545476391354324265248230229291275271214186
Gross Profit53.6%-26.19-56.4214331730026122218317916017315614011010810314014313911186.00
Operating Expenses-18.6%14818116016715626613814712811910610196.0096.0078.0073.0072.0093.0073.0065.0058.00
  S&GA Expenses0.3%39.0039.0040.0044.0041.0043.0043.0039.0035.0033.0029.0029.0027.0029.0022.0021.0024.0024.0022.0022.0020.00
  R&D Expenses0.5%75.0075.0080.0087.0080.0079.0070.0075.0066.0064.0056.0053.0047.0048.0041.0038.0037.0035.0031.0030.0026.00
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 Taxes55.4%-23.75-53.2036.0034.0029.0030.0034.007.0012.00-6.248.009.008.007.002.005.009.009.007.0013.004.00
Earnings Before Taxes16.0%-180-215-25.1115416851.0059.0022.0045.0035.0061.0054.0038.0025.0046.0042.0051.0062.0049.0046.0022.00
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 Income3.1%-157-162-61.1812013821.0025.0015.0033.0041.0053.0045.0030.0018.0044.0037.0042.0053.0042.0033.0019.00
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%-243-180-5.36-134-30.4167.00-27.6429.00-20634.0033.00-2.04---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-9.2%4,1674,5884,6514,6974,4964,2663,9043,7733,6832,9012,6572,5642,4652,4372,2781,6061,5141,4951,3381,2221,177
  Current Assets-9.5%2,9893,3043,3633,4493,2422,9002,4522,2842,4621,7111,5531,4891,5851,7191,7451,073956933835731718
    Cash Equivalents-36.7%2143385515587287836787461,0035305275246858271,048428324224247177226
  Inventory7.3%1,5491,4431,178984874729561470433380305322340332297264199171134149151
  Net PPE-1.5%605615605581556544491489474410353340312303258226196177150140133
  Goodwill-3.5%41.0043.0041.0042.0030.0031.00109116127130132136135140133128126130---
  Current Liabilities-26.2%659893877898900890694612569525406400398436383405390437335294248
  Long Term Debt0.1%628627627626625624624623622622621620619573570------
    LT Debt, Non Current-100.0%-627627626625624624623622622621620619573570------
Shareholder's Equity-7.1%2,2412,4122,4902,5202,3512,1762,0522,0282,0111,3101,2421,1781,1001,086460417492812732674626
  Retained Earnings-20.2%6217789411,002882744723698683650609556511478460417380338285243210
  Additional Paid-In Capital2.3%1,7201,6811,6341,5961,5461,5061,4571,4191,373687652625596604574512492476450432417
Shares Outstanding-0.6%57.0057.0057.0057.0056.0056.0056.0054.0053.0052.0052.0052.00---------
Minority Interest-------------------5.006.0071.00
Float----15,100-------15.10*---6,828---2,863-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-55.1%-217,019-139,91040,585-88,7117,923111,3005,55877,415-162,98989,57761,78438,68524,08327,22628,37459,310107,74583,06668,70050,78456,450
  Share Based Compensation7.7%37,60634,93036,81538,96539,23538,60735,75137,07434,10729,20326,18524,05223,15324,31616,25913,96112,77321,66817,60911,3729,704
Cashflow From Investing284.6%149,008-80,707-43,733-76,674-67,780-36,530-54,581-310,799-15,134-86,252-61,961-182,416-153,582-237,336-26,17746,800-19,924-94,456-6,176-35,176-17,045
Cashflow From Financing-7732.1%-50,987-651-1,164-4,919-5,2227,472-1,271-3,929652,3354,2541,774-19,144-2,0623,171628,3175,6813,315-4,714-922-64,755-2,630
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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 revenues230,586643,763
Gross profit (loss)(26,187)300,126
Operating expenses:  
Research and development75,35179,873
Sales and marketing38,91140,966
General and administrative30,86536,567
Other operating expense (income), net2,391(1,434)
Total operating expenses147,518155,972
Operating income (loss)(173,705)144,154
Financial income (expense), net(7,064)23,674
Other loss, net0(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 stock57,140,12656,215,490
Weighted average number of shares used in computing net diluted earnings (loss) per share of common stock57,140,12659,193,831

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 securities466,407521,570
Trade receivables, net of allowances of $19,110 and $16,400, respectively404,390622,425
Inventories, net1,549,1221,443,449
Prepaid expenses and other current assets354,919378,394
Total current assets2,989,0673,304,306
LONG-TERM ASSETS:  
Marketable securities268,203407,825
Deferred tax assets, net122,56480,912
Property, plant and equipment, net605,223614,579
Operating lease right-of-use assets, net59,47464,167
Intangible assets, net33,03735,345
Goodwill41,47042,996
Other long-term assets47,78437,601
Total long-term assets1,177,7551,283,425
Total assets4,166,8224,587,731
CURRENT LIABILITIES:  
Trade payables, net171,412386,471
Employees and payroll accruals73,66676,966
Warranty obligations181,333183,047
Deferred revenues and customers advances36,08140,836
Accrued expenses and other current liabilities196,398205,911
Total current liabilities658,890893,231
LONG-TERM LIABILITIES:  
Convertible senior notes, net628,115627,381
Warranty obligations321,166335,197
Deferred revenues218,535214,607
Finance lease liabilities40,63041,892
Operating lease liabilities40,98245,070
Other long-term liabilities17,95318,444
Total long-term liabilities1,267,3811,282,591
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS’ EQUITY:  
Common stock of $0.0001 par value - Authorized: 125,000,000 shares; issued: 57,298,691 shares at March 31, 2024 and 57,123,437 shares at December 31, 2023; outstanding: 56,792,795 shares at March 31, 2024 and 57,123,437 shares at December 31, 2023.66
Additional paid-in capital1,719,5231,680,622
Treasury stock, at cost; 505,896 shares held(33,222)0
Accumulated other comprehensive loss(66,611)(46,885)
Retained earnings620,855778,166
Total stockholders’ equity2,240,5512,411,909
Total liabilities and stockholders’ equity$ 4,166,822$ 4,587,731
SEDG
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
 WEBSITEsolaredge.com
 INDUSTRYSolar
 EMPLOYEES4926

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 Mon May 13 2024, market cap of SolarEdge Technologies Inc is 2.99 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 Mon May 13 2024, SEDG's PE ratio (Price to Earnings) is -11.44 and Price to Sales (PS) ratio is 1.34. 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.