SolarEdge Technologies 주식 (NASDAQ: SEDG)

에 대한 최신 뉴스 SolarEdge Technologies (NASDAQ:SEDG) 주식

SolarEdge Technologies

SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers.

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SEDG

수요일(27일) 솔라엣지 테크놀로지스(NASDAQ:SEDG) 주가가 크게 올랐다. 솔라엣지는 에너지 저장 부문의 모든 활동을 중단하고 인력을 약 500명 감축할 계획을 발표했다. 알아야 할 내용은 다음과 같다.

8.6% 상승한 솔라엣지 테크놀로지스, 무슨 일일까?

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FSLR

Maxeon Solar Technologies, Ltd. - Ordinary Shares

MAXN

TPIC

최근 미국 대통령 선거 결과, 특히 공화당의 압승은 도널드 트럼프 대통령 당선인의 지도하에 재생 에너지의 미래에 대한 의문을 제기했다. 모건 스탠리의 보고서는 다양한 정책 시나리오에 따른 재생 에너지의 경제적 영향을 평가하고, 이것이 수익성에 미치는 영향을 분석한다.

트럼프의 당선, 경제적 도전으로 인해 재생 에너지 주식의 전망이 암울: 모건 스탠리

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iShares Dow Jones US Homenstruction Index Fund

NOVA

특정 상장지수펀드(ETF)는 잭슨 홀 심포지엄에서 제롬 파월 연방준비제도(연준) 의장의 연설 이후 상당한 급등을 경험했다. 파월 의장은 &#34;정책이 조정될 때가 되었다&#34;고 말했다.

파월의 연설 이후 금리 인하를 갈망하는 주식 상승세 촉발: 금리 인하에 유리한 3개의 ETF

SolarEdge Technologies, Inc. - Common Stock

SolarEdge Technologies Inc

<h3>Gainers</h3>
<ul>
<li>Syntec Optics Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPTX#NASDAQ">OPTX</a>) shares rose 116.3% to $3.85 during Tuesday's pre-market session. The company's market cap stands at $141.2 million. </li>
<li>Quantum Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) shares rose 29.42% to $14.34. The market value of their outstanding shares is at $1.7 billion. </li>
<li>Quantum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) shares rose 26.51% to $29.44. The company's market cap stands at $142.7 million. </li>
<li>Mitek Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MITK#NASDAQ">MITK</a>) stock moved upwards by 20.86% to $11.47. The company's market cap stands at $529.9 million. The company's, Q4 earnings came out yesterday. </li>
<li>SEALSQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) shares increased by 20.01% to $2.94. The company's market cap stands at $190.0 million. </li>
<li>SolarEdge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) shares moved upwards by 18.91% to $14.65. The company's market cap stands at $848.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Red Cat Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) shares decreased by 13.8% to $9.01 during Tuesday's pre-market session. The company's market cap stands at $679.9 million. As per the press release, Q2 earnings came out yesterday. </li>
<li>AmpliTech Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMPG#NASDAQ">AMPG</a>) stock decreased by 12.46% to $2.39. The company's market cap stands at $29.9 million. </li>
<li>SPI Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPI#NASDAQ">SPI</a>) stock decreased by 12.26% to $0.36. The company's market cap stands at $11.3 million. </li>
<li>Foxx Development Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXX#NASDAQ">FOXX</a>) shares declined by 11.43% to $6.2. The market value of their outstanding shares is at $45.1 million. </li>
<li>WISeKey Intl Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKEY#NASDAQ">WKEY</a>) shares fell 10.59% to $10.73. The company's market cap stands at $104.0 million. </li>
<li>SmartKem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTK#NASDAQ">SMTK</a>) stock decreased by 10.01% to $2.79. The market value of their outstanding shares is at $4.9 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMPG

FOXX

LAES

MITK

OPTX

QMCO

QUBT

RCAT

SMTK

WKEY

12 Information Technology Stocks Moving In Tuesday's Pre-Market Session

Goldman Sachs analyst Brian Lee revised ratings for key residential solar stocks. The analyst notes there is a disconnect between the mid-to-long-term fundamentals and valuations for solar/storage equities heading into 2025.
Solar equities appear to be overpricing risks tied to policy uncertainty, even though secular growth drivers, such as U.S. power demand and pricing, remain strong.
SEDG: The analyst upgraded SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) rating to Buy from Sell and raised the <a target="_blank" href="https://www.benzinga.com/quote/SEDG/analyst-ratings" rel="noreferrer noopener">price target to $19 (from $10 prior)</a>.
After a challenging period, including a tough U.S. residential solar market and weaker European demand, the analyst notes estimates have bottomed, and concerns about SEDG&#8217;s $350 million debt in 2025 are overstated.
SEDG&#8217;s recent cost-cutting measures, including headcount and facility reductions, strengthen the outlook, adds the analyst.
Lee says that while the call may be early, he sees a turnaround as the company benefits from improved cost control and a better product mix.
The analyst sees FY25 as a key inflection point, with growth likely accelerating in FY26.
The analyst estimates negative EPS for FY25 but expects a positive fourth-quarter FY25 and strong growth in FY26. The EPS estimate of $1.64 for FY26 is well above the consensus of $0.55, adds the analyst.
CSIQ: Meanwhile, Lee downgraded Canadian Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>) to Sell from Neutral and cut the<a target="_blank" href="https://www.benzinga.com/quote/csiq/analyst-ratings" rel="noreferrer noopener"> price target to $11 (from $14 prior)</a>.
The analyst&#8217;s negative outlook stems from policy risks under the Trump administration and tariffs on solar imports from Southeast Asia.
As a major foreign supplier of solar panels to the U.S., CSIQ is highly exposed to these risks, which will impact its margins, especially given the U.S. has been one of the more profitable markets recently, says the analyst.
The analyst also sees consensus estimates as overly optimistic, with the 2025-2026 EBITDA projections 35% &#8211; 40% below the Street&#8217;s, as recent policy changes and the uncertain outlook are not fully reflected in market expectations.
The analyst says 2024-2025 EBITDA estimates remain largely unchanged, while the 2026 estimate is revised down by 6% to $688 million due to a bleak outlook.
Price Action: SEDG shares are up 23.3% at $15.19, while CSIQ shares are up 0.86% at $11.76 at the last check Tuesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/movers/24/11/42215870/solaredge-shutters-energy-storage-division-slashes-500-jobs-in-solar-centric-pivot-details" target="_blank" rel="noreferrer noopener">SolarEdge Shutters Energy Storage Division, Slashes 500 Jobs In Solar-Centric Pivot: Details</a></li>
</ul>
Photo via Shutterstock.

Upgrades

CSIQ

SolarEdge Poised For Growth Amid Cost Cuts, While Canadian Solar Faces US Policy Headwinds: Goldman Sachs

Wall Street began Tuesday&#8217;s session on a weaker note, with major indices slipping after November's robust retail sales report reignited investor concerns that the Federal Reserve might hold back interest <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42514008/fed-poised-to-cut-interest-rates-by-0-25-this-week-heres-why-your-focus-should-shift-to-other-signals">rate cuts next year. </a>
The data, which underscored resilient consumer spending heading into the holiday season, added a fresh layer of uncertainty to the Fed's future rate path ahead of Wednesday&#8217;s highly awaited December Federal Open Market Committee meeting.
Retail sales surged 0.7% last month, outperforming consensus estimates of a 0.5% increase and marking a notable acceleration from October's <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42529956/november-retail-sales-soar-to-11-month-highs-indicate-strong-holiday-season">upwardly revised 0.5% gain. </a>
On an annual basis, sales climbed 3.8%, hitting their fastest pace since December 2023. A significant portion of the strength came from auto sales, which soared 2.6% on a monthly basis and by a robust 6.5% year-over-year, highlighting consumers' willingness to make big-ticket purchases in the fourth quarter of the year.
Spending was also robust in other categories. Nonstore retailers, driven by e-commerce activity, posted a 1.8% monthly gain, reflecting the growing dominance of online shopping as the holiday season commenced. Sporting goods, hobby, and book stores registered a 0.9% uptick, showing steady demand for discretionary items.
<h3 class="wp-block-heading">Market Reaction: Pressure Builds On Equities</h3>
The stronger-than-expected data put equity markets under pressure, as investors recalibrated their expectations for the Fed's next moves. 
The S&amp;P 500 index – as tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) – and Dow Jones Industrial Average both fell 0.7%, while the Nasdaq 100 – tracked by the Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) – slid 0.8%, weighed down by weakness in the chip sector. 
Semiconductor stocks led the downturn amid renewed geopolitical tensions after reports surfaced that China is broadening antitrust scrutiny on U.S. chipmakers&#8217; acquisitions in recent years. Last week, Beijing opened an investigation on U.S. chip giant Nvidia Corp.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) 2019 acquisition of Mellanox Technologies.
<h3 class="wp-block-heading">Investors Face Fed Uncertainty</h3>
The robust retail sales data is the latest in a series of reports—alongside <a href="https://www.benzinga.com/news/treasuries/24/12/42460477/producer-inflation-rises-more-than-expected-to-3-in-november-cast-shadow-on-further-disinflation-progress">hotter-than-expected inflation prints</a> and upbeat <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42511277/us-services-sector-booms-at-fastest-pace-since-october-2021-business-activity-leaps-to-over-two-year-highs">December Purchasing Managers&#8217; Index surveys</a>—that challenge the case for aggressive rate cuts next year.
While a 25-basis-point reduction at the Fed's policy meeting this week is widely anticipated, the central bank's outlook for 2025 remains in question.
Fed fund futures now suggest an 80% chance the Fed will hold rates steady at its January meeting, while expectations for a March rate cut have softened, with odds slipping to 58% from 60% a day earlier.
Betting-implied odds from CFTC-regulated Kalshi continue to suggest an elevated 92% probability of four cuts next year, yet financial markets now imply only three rate cuts. 
<h3 class="wp-block-heading">Top 5 S&amp;P 500 Performers</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Price ($)</th>
<th>% Change</th>
</tr>
</thead>
<tbody>
<tr>
<td>SolarEdge Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>)</td>
<td>14.35</td>
<td>+16.57%</td>
</tr>
<tr>
<td>Pfizer Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>)</td>
<td>26.24</td>
<td>+3.88%</td>
</tr>
<tr>
<td>ON Semiconductor Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>)</td>
<td>68.65</td>
<td>+3.26%</td>
</tr>
<tr>
<td>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>475.11</td>
<td>+2.82%</td>
</tr>
<tr>
<td>Moderna Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>)</td>
<td>42.81</td>
<td>+2.37%</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">Top 5 S&amp;P 500 Losers</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Price ($)</th>
<th>% Change</th>
</tr>
</thead>
<tbody>
<tr>
<td>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>)</td>
<td>234.36</td>
<td>-6.29%</td>
</tr>
<tr>
<td>APA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APA#NASDAQ">APA</a>)</td>
<td>21.00</td>
<td>-4.35%</td>
</tr>
<tr>
<td>Constellation Energy Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>)</td>
<td>231.09</td>
<td>-3.43%</td>
</tr>
<tr>
<td>Humana Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>)</td>
<td>252.18</td>
<td>-3.33%</td>
</tr>
<tr>
<td>NRG Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>)</td>
<td>91.18</td>
<td>-3.25%</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">Top 5 Nasdaq 100 Performers</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Price ($)</th>
<th>% Change</th>
</tr>
</thead>
<tbody>
<tr>
<td>Super Micro Computer Inc. (NASDAQ: SMCI9 </td>
<td>34.47</td>
<td>+3.08%</td>
</tr>
<tr>
<td>Tesla Inc.</td>
<td>472.84</td>
<td>+2.33%</td>
</tr>
<tr>
<td>Regeneron Pharmaceuticals Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/regn#NASDAQ">REGN</a>)</td>
<td>740.51</td>
<td>+2.24%</td>
</tr>
<tr>
<td>ASML Holding N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>)</td>
<td>738.86</td>
<td>+2.22%</td>
</tr>
<tr>
<td>NXP Semiconductors N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXP#NASDAQ">NXP</a>)</td>
<td>222.95</td>
<td>+2.21%</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">Top 5 Nasdaq 100 Losers</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Price ($)</th>
<th>% Change</th>
</tr>
</thead>
<tbody>
<tr>
<td>Marvell Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>)</td>
<td>114.10</td>
<td>-8.52%</td>
</tr>
<tr>
<td>Broadcom</td>
<td>234.15</td>
<td>-6.37%</td>
</tr>
<tr>
<td>Nvidia</td>
<td>127.15</td>
<td>-3.65%</td>
</tr>
<tr>
<td>Constellation Energy</td>
<td>231.04</td>
<td>-3.45%</td>
</tr>
<tr>
<td>SiriusXM Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIRI#NASDAQ">SIRI</a>)</td>
<td>22.02</td>
<td>-2.76%</td>
</tr>
</tbody>
</table>
</figure>
Read now: 
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42531373/financial-stocks-near-record-year-could-trump-deregulation-fuel-bigger-gains-in-2025">Financial Stocks Near Record Year: Could Trump Deregulation Fuel Bigger Gains In 2025?</a></li>
</ul>
Image created using photos from Shutterstock.

Broad U.S. Equity ETFs

Retail Sales

Econ #s

ASML

AVGO

MRNA

MRVL

NVDA

REGN

SIRI

TSLA

Stocks Slip As Strong November Retail Sales Raise Concerns Over 2025 Fed Rate Cuts

Shares of Mitek Systems, Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MITK#NASDAQ">MITK</a>) rose sharply in today's pre-market trading after reporting <a href="https://www.benzinga.com/quote/MITK/earnings">better-than-expected fourth-quarter results.</a>
Mitek Systems reported quarterly earnings of 33 cents per share which beat the analyst consensus estimate of 17 cents per share. The company reported quarterly sales of $43.222 million which beat the analyst consensus estimate of $41.306 million.
Mitek Systems shares jumped 18.8% to $11.28 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Syntec Optics Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPTX#NASDAQ">OPTX</a>) gained 59% to $2.83 in pre-market trading after adding more than 80% on Monday.</li>
<li>Maison Solutions Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSS#NASDAQ">MSS</a>) gained 65.3% to $1.72 in pre-market trading after the company reported financial results for the second quarter and six-months ended Oct. 31.</li>
<li>KWESST Micro Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KWE#NASDAQ">KWE</a>) gained 44.6% to $1.05 in pre-market trading after surging around 15% on Monday.</li>
<li>SEALSQ Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) rose 27.8% to $3.13 in pre-market trading after surging 40% on Monday. SEALSQ announced the pricing of $25.0 million registered direct offering priced above market under NASDAQ rules.</li>
<li>Tonix Pharmaceuticals Holding Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNXP#NASDAQ">TNXP</a>) gained 23.5% to $0.6550 in pre-market trading after jumping 120% on Monday.</li>
<li>Sidus Space, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIDU#NASDAQ">SIDU</a>) climbed 21.5% to $5.57 in pre-market trading after jumping 220% on Monday.</li>
<li>Gryphon Digital Mining Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRYP#NASDAQ">GRYP</a>) gained 17% to $0.60 in pre-market trading after falling 8% on Monday.</li>
<li>SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) gained 10.5% to $13.62 in pre-market trading after falling around 8% on Monday.</li>
<li>Cango Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CANG#NYSE">CANG</a>) gained 9.7% to $6.02 in pre-market trading.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Reviva Pharmaceuticals Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVPH#NASDAQ">RVPH</a>) shares tumbled 29.6% to $1.62 in pre-market trading after the company reported the pricing of $18.0 million public offering of common stock and warrants.</li>
<li>Mama&#8217;s Creations Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAMA#NASDAQ">MAMA</a>) declined 17.9% to $7.96 in pre-market trading after the company reported worse-than-expected third-quarter EPS results.</li>
<li>EVgo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGO#NASDAQ">EVGO</a>) shares fell 16.1% to $5.30 in pre-market trading after the company announced a secondary offering of 23 million shares.</li>
<li>Webuy Global Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBUY#NASDAQ">WBUY</a>) shares fell 14.1% to $0.1950 in pre-market trading after jumping 29% on Monday. Webuy Global announced the pricing of $3.7 million registered direct offering.</li>
<li>NAYA Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAYA#NASDAQ">NAYA</a>) dipped 13.1% to $0.7042 in pre-market trading.</li>
<li>Digital Brands Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBGI#NASDAQ">DBGI</a>) fell 13.1% to $3.44 in pre-market trading after gaining over 7% on Monday.</li>
<li>Alset Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEI#NASDAQ">AEI</a>) fell 12.4% to $0.9197 in pre-market trading following a 4% decline on Monday.</li>
<li>Celcuity Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELC#NASDAQ">CELC</a>) fell 12.3% to $11.01 in today's pre-market trading.</li>
<li>Petros Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTPI#NASDAQ">PTPI</a>) fell 9.6% to $0.2415 in pre-market trading after dipping 18% on Monday.</li>
<li>Palmer Square Capital BDC Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSBD#NYSE">PSBD</a>) shares dipped 6% to $15.04 in pre-market trading.</li>
</ul>
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Pre-Market Outlook

Markets

CANG

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Management

SolarEdge Technologies Has Appointed Shuki Nir As The Company's New CEO, Effective Immediately. Mr. Nir, Who Has Served As SolarEdge's CMO Since June 2024, Will Succeed Ronen Faier, Who Has Served As The Company's Interim CEO Since August 2024

Suited to both indoor and outdoor commercial and industrial (C&amp;I) solar installations, the new ‘CSS-OD' is now available for order

SolarEdge Expands German Market With New 'CSS-OD' Storage Solution For Commercial Solar

Across the recent three months, 26 analysts have shared their insights on SolarEdge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">16</td>
<td align="right">5</td>
<td align="right">3</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">6</td>
<td align="right">3</td>
<td align="right">1</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">9</td>
<td align="right">1</td>
<td align="right">1</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $16.73, a high estimate of $35.00, and a low estimate of $3.90. A 30.52% drop is evident in the current average compared to the previous average price target of $24.08. 
<img src="https://www.benzinga.com/files/images/story/2024/1732903213_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of SolarEdge Technologies among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Gordon Johnson</td>
<td>GLJ Research</td>
<td>Maintains</td>
<td>Sell</td>
<td>$3.90</td>
<td>$3.90</td>
</tr>
<tr>
<td>Christine Cho</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$7.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Andrew Percoco</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$9.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Jon Windham</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$18.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Jordan Levy</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$15.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Jeffrey Osborne</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$11.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Ameet Thakkar</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$12.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Brian Lee</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Sell</td>
<td>$10.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Philip Shen</td>
<td>Roth MKM</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$12.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Biju Perincheril</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$11.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Kashy Harrison</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$9.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Mark Strouse</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$29.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Vikram Bagri</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$19.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Philip Shen</td>
<td>Roth MKM</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$20.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Jeffrey Osborne</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$16.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Kashy Harrison</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$17.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Joseph Osha</td>
<td>Guggenheim</td>
<td>Announces</td>
<td>Sell</td>
<td>$10.00</td>
<td>-</td>
</tr>
<tr>
<td>Biju Perincheril</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$20.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Chris Dendrinos</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$25.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Ameet Thakkar</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$21.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Christine Cho</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$17.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Julien Dumoulin-Smith</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$21.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Andrew Percoco</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$23.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Maheep Mandloi</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$35.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Julien Dumoulin-Smith</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$17.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Julien Dumoulin-Smith</td>
<td>Jefferies</td>
<td>Announces</td>
<td>Hold</td>
<td>$27.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to SolarEdge Technologies. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of SolarEdge Technologies compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of SolarEdge Technologies's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of SolarEdge Technologies's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/SEDG/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on SolarEdge Technologies analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Get to Know SolarEdge Technologies Better</h2>
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers.
<h3>SolarEdge Technologies: Delving into Financials</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Challenges: SolarEdge Technologies's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -64.03%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: SolarEdge Technologies's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -461.98%, the company may face hurdles in effective cost management.
Return on Equity (ROE): SolarEdge Technologies's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -78.71%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): SolarEdge Technologies's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -35.64%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.79, caution is advised due to increased financial risk.
<h2>What Are Analyst Ratings?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Scoreboard: 26 Ratings For SolarEdge Technologies

GLJ Research analyst Gordon Johnson reiterates SolarEdge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) with a Sell and maintains $3.9 price target.

Reiteration

GLJ Research Reiterates Sell on SolarEdge Technologies, Maintains $3.9 Price Target

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U.S. Commerce Dept Sets Preliminary Antidumping Tariff Rate Of 125.37% On Solar Cells From Cambodia; Antidumping Tariff Rate Of 81.22% On Solar Cells From Malaysia; Antidumping Tariff Rate Of 70.36% On Solar Cells From Thailand; Antidumping Tariff Rate Of 271.28% On Solar Cells From Vietnam

Hopefully, when you receive this, I will be elbow-deep in turkey and stuffing.
Thanksgiving is my favorite holiday, and the house will be full of food, festivities, family, and friends—and I will not be obligated to buy gifts for any of them.
I hope you and yours are gathered to celebrate the day as we kick off what will hopefully be a wonderful holiday season.
Over the last few weeks, we have discussed different kinds of C-suite executives buying stocks. As I do every quarter, I checked in with the bosses for some of the best money ideas that can help you, names no one has ever heard of, and brought you some ideas that can help you stack profits towards your long-term goals.
This week, we will switch back to the C-suite of operating businesses and examine which companies receive strong buying interest from top executives.
Business development company Prospect Capital (Ticker: PSEC) has had a rough couple of weeks.
To preserve capital, the company slashed the dividend by 25%.
Moody&#8217;s knocked its credit rating down a notch, making it the second firm to do so in the last month.
After reporting a disappointing quarter, the firm announced it was exiting the CLO and real estate investing business to focus on middle-market lending.
&nbsp;Even after a rally last week, the stock is down about 12% this month and 22% year to date.
Over the last few years, the stock has fallen from over $9 a share to under $5.
The CEO, John Barry, did the only thing that made sense under the circumstances. He purchased another $9 million worth of stock, bringing his ownership to almost 17% of the company. While Barry has long been a serial buyer, this was one of his largest purchases this year.
CFO Kristin Van Dask has also been buying shares recently, as has Chief Operating Officer Grier Eliasek.
I confess that I am extremely cautious of BDCs in general and have been very skeptical of Prospect Capital&#8217;s outlook, but the heavy buying coming out of the C-Suite must be considered. They have either all lost their minds, especially Mr. Barry, or the stock has enormous rebound potential.
After the dividend cut, the stock still yields over 10% and pays monthly, so you get paid to wait for a fortune reversal.
The hotel industry has been a laggard in the tentative real estate recovery. While revenues and average occupancy rates are up slightly at first glance, most of the gains come from the upper-tier hotels in gateway cities and resort destinations.
Fortunately for Pebblebrook Hotels (Ticker: PEB), that is the market it serves.
The Real Estate Investment Trust owns 46 hotels and resorts, totaling approximately 12,000 guest rooms across 13 urban and resort markets.
While Pebblebrook&#8217;s upscale hotels and resorts are bucking the trend with higher occupancy and revenue per room rates, let us not pretend they are knocking the ball out of the park.
Growth has been in the low single digits, and the same is projected for next year.
Hurricanes Debby and Helene did not help, as they negatively impacted Pebblebrook&#8217;s southeastern resorts. The stock is down about 20% in 2024 and is less than 50% of the 2022 highs. It also trades at less than half of management&#8217;s internal net asset value calculation, which is $26.50 on the low end and $29 a share on the high end of the range.
Chairman and CEO Jon Bortz has decided that enough is enough and has been buying the stock in the open market all year. His most recent purchases, earlier this month, totaled over $300,000.
The hotel industry has been weak, but it has been a superstar compared to the solar industry. Do not get me wrong: renewables are the fastest-growing new source of energy production, and solar is leading the way.
In 2023, renewable energy production grew by over 50%, 75% of which came from new solar energy facilities. The world is projected to add approximately 593 gigawatts&nbsp;of solar capacity by the end of 2024, a 29% increase from the previous year.
Solar stocks have not done as well. The sector has faced challenges, including declining demand, regulatory changes, and increased inventories. These factors have contributed to a sector-wide decline of approximately 25% this year.
Shares of Israel-based SolarEdge Technologies (Ticker: SEDG) have faced significant pressure recently, reflecting a broader slowdown in the renewable energy sector and specific challenges tied to inventory issues and weakening demand in key markets like Europe.
SolarEdge is a leader in key solar components like inverters and energy storage. Still, headwinds and concerns about the economy have driven a staggering 86% decline in the stock price so far in 2024. The expectation for next year is not much better, especially with a new administration in the United States that will not favor renewable energy.
Corporate insiders are betting that over time, the industry headwinds will disappear, and the global trend toward renewable energy will help drive the stock back toward the old highs, giving them gains several times their recent purchase price.
The chairman of the board and a member of the board of directors have recently been buying shares in the open market. Chairman More Avery spent more than $2 million a few dollars above the current price to increase his stake in the company.
The stock is in free fall, the industry is out of favor, analysts are bearish, and the internet buzz is negative. Insiders are buying.
&nbsp;It could be a bumpy ride, but SolarEdge has the potential to give patient, aggressive investors who join the insiders spectacular long-term gains.

Opinion

PSEC

C-Suite Buy of the Week: Tracking Leadership Investments Amid Market Turbulence

SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) shares are trading higher. The company announced plans to cease all activities of its energy storage division and reduce its workforce by about 500 employees. Here&#8217;s what you <a href="https://www.benzinga.com//node/42215870">need to know</a>.
What To Know: In a new press release Wednesday, SolarEdge stated it was shutting down its energy storage division to prioritize its solar operations. The move will result in a workforce reduction of approximately 500 employees, largely located in South Korea.
The closure is expected to result in quarterly operating expense savings of approximately $7.5 million, with full savings anticipated to be realized by the second half of 2025. In addition, the company plans to sell assets related to its storage division, including manufacturing facilities for battery cells and packs.
&#8220;The decision to close our Energy Storage division was the result of a thoughtful analysis of our portfolio of businesses and product lines, industry trends, and the competitive environment,&#8221; said interim CEO Ronen Faier.
&#8220;The measures also represent continued execution of two of our main priorities: financial stability through cost reduction, return to cash flow positivity and profitability; and focus on our core business lines of solar, PV-attached storage and energy management capabilities. I wish to thank our Energy Storage division employees for all of their efforts in building this business.&#8221;
See Also: <a href="https://www.benzinga.com/insights/options/24/11/42219305/this-is-what-whales-are-betting-on-zscaler">This Is What Whales Are Betting On Zscaler</a>
SEDG Price Action: At the time of writing, SolarEdge stock was up 8.69% at $14.88, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: via Pixabay

What's Going On With SolarEdge Technologies Stock Wednesday?

SolarEdge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) announced plans to shut down its Energy Storage <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/b42210837/solaredge-announces-closure-of-energy-storage-division" rel="noreferrer noopener">division to focus on core solar operations.</a>
SolarEdge plans to cut around 500 jobs in South Korea as part of the discontinuation, mainly in manufacturing roles. This represents about 12% of the company&#8217;s workforce, with most layoffs occurring in the first half of 2025.
The company anticipates recording pre-tax charges of $81 million to $99 million. These include $40 million to $49 million in asset-related and impairment charges, $30 million to $37 million for inventory write-offs and non-cancelable purchase orders, and $4 million to $5 million for severance and related benefits (excluding stock-based compensation expenses).
Workforce reductions and related charges will be recorded in the fourth quarter of 2024&nbsp;and in the first quarter of 2025, with cash payments related to these charges of $38 million to $46 million expected, mainly for severance and non-cancelable orders. Asset sales, including facilities in South Korea, aim to offset these costs. Additional expenses may arise.
Ronen Faier, Interim Chief Executive Officer of SolarEdge, commented: &#8220;The decision to close our Energy Storage division was the result of a thoughtful analysis of our portfolio of businesses and product lines, industry trends, and the competitive environment. The measures also represent continued execution of two of our main priorities: financial stability through cost reduction, return to cash flow positivity and profitability; and focus on our core business lines of solar, PV-attached storage and energy management capabilities.&#8221;
Price Action: SEDG shares are trading higher by 6.06% at $14.52 at the last check Wednesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com//node/42016909" target="_blank" rel="noreferrer noopener">Trump&#8217;s Win, Economic Challenges Lead to Tougher Outlook for Renewable Energy Stocks: Morgan Stanley</a></li>
</ul>
Image: Andreas from Pixabay.

SolarEdge Shutters Energy Storage Division, Slashes 500 Jobs In Solar-Centric Pivot: Details

WIIM

Solar Edge Technologies shares are trading higher. The company announced plans to cease all activities of its energy storage division and will reduce its workforce by approximately 500 employees.

The expected quarterly operating expenses savings due to the closure are approximately $7.5 million with the full run rate expected to be achieved by the second half of 2025.&nbsp;
The Company intends to sell the assets related to the storage division activities including its manufacturing facilities for battery cells and packs. This does not impact the solar business sale of batteries for residential and C&amp;I markets.

SolarEdge Plans To Cease All Activities Of Its Energy Storage Division, Resulting In Workforce Reduction Of Approximately 500 Employees, Most Of Whom In South Korea - Filing

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Shares of semiconductor and software stocks are trading higher, with stocks broadly rising amid a drop in yields. President-elect Trump nominated Scott Bessent as Treasury Secretary.

Guggenheim analyst Joseph Osha upgrades SolarEdge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) from Sell to Neutral.

Guggenheim Upgrades SolarEdge Technologies to Neutral

SolarEdge Technologies's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NYSE">SEDG</a>) short percent of float has risen 13.92% since its last report. The company recently reported that it has 19.16 million shares sold short, which is 39.52% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.51 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>SolarEdge Technologies Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731935723_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for SolarEdge Technologies has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing SolarEdge Technologies's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, SolarEdge Technologies's peer group average for short interest as a percentage of float is 6.38%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About SolarEdge Technologies?

The recent U.S. presidential election results, including a Republican sweep, have raised questions about the future of renewable energy under President-elect Donald Trump&#8217;s leadership.
Morgan Stanley&#8217;s report evaluates the economic impact on renewables under various policy scenarios and its effects on earnings.
The analyst has adjusted its view on the clean tech industry to &#8220;In-Line&#8221; from &#8220;Attractive.&#8221;
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41880110/solar-renewables-stocks-crash-after-trump-win-should-you-buy-now-at-cheap-valuations" rel="noreferrer noopener">Solar, Renewables Stocks Crash After Trump Win: Should You Buy Now At Cheap Valuations?</a>
While long-term demand for renewables is likely stronger than current market perceptions, near-term growth prospects have become less clear due to new uncertainties.
It&#8217;s important to remember that these new uncertainties add to the already difficult environment facing the clean energy sector, dealing with issues such as permitting and interconnection delays, funding challenges, and intense competition that have hurt profitability.
Uncertainty about the Inflation Reduction Act (IRA), tariffs, and interest rates has significantly impacted clean fuel valuations.
Morgan Stanley writes that clear guidance on the IRA is essential for clean tech valuations to rebound. However, this may take time since it will likely be linked to discussions about the Tax Cuts and Job Act&nbsp;(TCJA), which is set to expire at the end of 2025.
Morgan Stanley recommends investing in stocks with high-quality and durable growth/ margins, with a clear catalyst path and/or strong balance sheet to weather any near-term volatility in growth and/or profitability.
<ul>
<li>The analyst maintains an Overweight rating on GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), and Bloom Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>).</li>
</ul>
However, the analyst has downgraded three cleantech stocks from Equal-weight to Underweight, including:
<ul>
<li>SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>): The analyst reduced the price target from $23 to $9, citing slower profitability due to decreased European demand and tough competition from cheaper Chinese manufacturers. As a result, the company is not expected to break even on <a href="https://www.benzinga.com/quote/SEDG/analyst-ratings" target="_blank" rel="noreferrer noopener">EBITDA until after 2026</a>. At last check Friday, the stock was trading 13.2% lower at $11.13.</li>
<li>Maxeon Solar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAXN#NASDAQ">MAXN</a>): Morgan Stanley anticipates a slow recovery to profitability due to increasing competition in Europe&#8217;s utility-scale solar market, which will likely keep pushing prices down. The analyst maintains the <a href="https://www.benzinga.com/quote/MAXN/analyst-ratings" target="_blank" rel="noreferrer noopener">price target of $4</a>. Additionally, recent customer losses in the U.S. residential market could make maintaining market share and premium pricing harder. Stock is trading 10.08% lower at $10.08 at last check Friday.</li>
<li>TPI Composites, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TPIC#NASDAQ">TPIC</a>): The analyst notes an uncertainty about how quickly the U.S. wind market will recover, mainly due to challenges in securing financing and recent issues with design and inspections as the industry shifts to larger blade sizes. Morgan Stanley has cut the <a href="https://www.benzinga.com/quote/TPIC/analyst-ratings" target="_blank" rel="noreferrer noopener">price target from $4 to $2</a>. Stock is down 8.82% at $2.16 at the last check Friday.</li>
</ul>
Read Next:
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</ul>
Photo via Shutterstock

Trump's Win, Economic Challenges Lead to Tougher Outlook for Renewable Energy Stocks: Morgan Stanley

Barclays analyst Christine Cho maintains SolarEdge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) with a Underperform and lowers the price target from $17 to $7.

Barclays Maintains Underperform on SolarEdge Technologies, Lowers Price Target to $7

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/62273b9e26d7930001212a83/beatrice-lam">Citigroup analyst Beatrice Lam </a>downgraded Gogoro Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GGR#NASDAQ">GGR</a>) from Buy to Neutral and lowered the price target from $2.3 to $0.5. Gogoro shares closed at $0.4757 on Thursday. <a href="https://www.benzinga.com/quote/GGR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley analyst Andrew Percoco downgraded SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) from Equal-Weight to Underweight and slashed the price target from $23 to $9. SolarEdge shares closed at $12.83 on Thursday. <a href="https://www.benzinga.com/quote/SEDG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58580535ee7bf60001bcfa18/swayampakula-ramakanth">HC Wainwright &amp; Co. analyst Swayampakula Ramakanth</a> downgraded Predictive Oncology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POAI#NASDAQ">POAI</a>) from Buy to Neutral. Predictive Oncology shares closed at $0.7401 on Thursday. See how other analysts view this stock.</li>
<li>Deutsche Bank analyst Bryan Kraft downgraded the rating for Liberty Broadband Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBRDA#NASDAQ">LBRDA</a>) from Buy to Hold but raised the price target from $90 to $95. Liberty Broadband shares closed at $89.29 on Thursday. <a href="https://www.benzinga.com/quote/LBRDA/analyst-ratings">See </a><a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">how other analysts view this stock</a>.</li>
<li>Morgan Stanley analyst Andrew Percoco downgraded the rating for Maxeon Solar Technologies, Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAXN#NASDAQ">MAXN</a>) from Equal-Weight to Underweight and maintained the price target of $4. Maxeon Solar shares closed at $11.50 on Thursday. <a href="https://www.benzinga.com/quote/MAXN/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying SEDG stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="527" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15082241/image-171-1024x527.png" alt="" class="wp-image-650206" style="width:696px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15082241/image-171-1024x527.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15082241/image-171-300x154.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15082241/image-171-768x395.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15082241/image-171.png 1210w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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LBRDA

POAI

This SolarEdge Technologies Analyst Turns Bearish; Here Are Top 5 Downgrades For Friday

GLJ Research analyst Gordon Johnson notes that Goldman Sachs double upgraded SolarEdge (SEDG) to Buy from Sell with a $19 12-month forward price ta...

Goldman 'misinterpreting' investors' SolarEdge concerns, says GLJ Research

Bulls vs. Bears: Is SolarEdge on the verge of a recovery?

Wall Street Lunch: Quantum Stocks Manic

SolarEdge Technologies ($SEDG) shares jumped on Tuesday after Goldman Sachs upgraded the stock from Sell to Buy and raised its price target to $19,...

SolarEdge (SEDG) Jumps 16% after Goldman Says Debt Concerns Are Exaggerated

SolarEdge Technologies (SEDG – Research Report) received a Buy rating and a $0.00 price target from Goldman Sachs analyst Brian K. Lee yesterday. T...

Positive Report for SolarEdge Technologies (SEDG) from Goldman Sachs

SolarEdge: Don't Jump The Gun

Roth MKM analyst Justin Clare notes that the American Active Anode Material Producers yesterday filed anti-dumping and countervailing duty petition...

Potential added tariff cost could be disruptive to solar industry, says Roth MKM

What has Wall Street been buzzing about this week? Here are the top 5 Buy calls and the top 5 Sell calls made by Wall Street's best analysts during...

Buy/Sell: Wall Street's top 10 stock calls this week

Is SolarEdge At Its Final Edge?

What has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of Dec. 16-20, 2024.

Wall Street's Top 10 Stock Calls This Week - Saturday, Dec. 21

COMM

CWEN

ENLT

FLNC

GOOG

GOOGL

IONQ

NRGV

QBTS

RGTI

STEM

Press Releases

SolarEdge to Announce Financial Results for the Third Quarter Ended September 30, 2024 on Wednesday, November 6, 2024

SolarEdge Announces Early Certification for Europe's Mandatory Cyber Security Requirements for Wireless Connected Products

SolarEdge Applauds the U.S. Treasury Department's Final Rule on the Advanced Manufacturing Production Credit - Accelerating Manufacturing Across U.S. Facilities

SolarEdge Announces First Section 45X Credit Sale

SolarEdge Announces Changes to the Board of Directors

SolarEdge Announces Third Quarter 2024 Financial Results

SolarEdge Announces Closure of Energy Storage Division

SolarEdge Expands Commercial Product Portfolio in Germany with the Launch of its Storage System for C&I Solar Installations

SolarEdge Appoints Shuki Nir as Chief Executive Officer

SolarEdge Begins Shipping 'USA Edition' Home Battery, Expanding Company's End-to-End, Domestic Content Portfolio

CHKP

KRNT

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사람들이 또한 지켜본다

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