Wells Fargo & Company Cuts SolarEdge Technologies (NASDAQ:SEDG) Price Target to $33.00

by · The Cerbat Gem

SolarEdge Technologies (NASDAQ:SEDG – Free Report) had its price target reduced by Wells Fargo & Company from $42.00 to $33.00 in a report published on Friday,Benzinga reports. They currently have an equal weight rating on the semiconductor company’s stock.

A number of other brokerages have also recently weighed in on SEDG. BMO Capital Markets upped their price objective on shares of SolarEdge Technologies from $19.00 to $25.00 and gave the stock an “underperform” rating in a report on Thursday, November 6th. Barclays boosted their price target on SolarEdge Technologies from $29.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 9th. TD Cowen raised their price objective on SolarEdge Technologies from $26.00 to $34.00 and gave the company a “hold” rating in a research report on Thursday, November 6th. The Goldman Sachs Group dropped their target price on SolarEdge Technologies from $36.00 to $31.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, Citigroup cut their target price on SolarEdge Technologies from $30.00 to $29.00 and set a “sell” rating on the stock in a research note on Thursday. Nineteen investment analysts have rated the stock with a Hold rating and nine have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $24.45.

Get Our Latest Stock Analysis on SEDG

SolarEdge Technologies Stock Performance

Shares of SEDG stock opened at $29.06 on Friday. The company’s fifty day moving average price is $35.25 and its 200-day moving average price is $30.81. The stock has a market cap of $1.74 billion, a PE ratio of -3.01 and a beta of 1.67. The company has a current ratio of 2.28, a quick ratio of 1.60 and a debt-to-equity ratio of 0.78. SolarEdge Technologies has a 12 month low of $11.00 and a 12 month high of $48.60.

Institutional Investors Weigh In On SolarEdge Technologies

Large investors have recently bought and sold shares of the business. GAMMA Investing LLC lifted its stake in SolarEdge Technologies by 5.1% during the 3rd quarter. GAMMA Investing LLC now owns 6,207 shares of the semiconductor company’s stock valued at $230,000 after acquiring an additional 302 shares during the period. Resona Asset Management Co. Ltd. lifted its position in SolarEdge Technologies by 6.7% during the second quarter. Resona Asset Management Co. Ltd. now owns 6,472 shares of the semiconductor company’s stock valued at $128,000 after purchasing an additional 404 shares during the period. Tidal Investments LLC boosted its holdings in SolarEdge Technologies by 1.2% in the second quarter. Tidal Investments LLC now owns 42,411 shares of the semiconductor company’s stock worth $865,000 after purchasing an additional 484 shares during the last quarter. Maryland State Retirement & Pension System boosted its holdings in SolarEdge Technologies by 2.9% in the second quarter. Maryland State Retirement & Pension System now owns 17,352 shares of the semiconductor company’s stock worth $354,000 after purchasing an additional 486 shares during the last quarter. Finally, Public Employees Retirement System of Ohio grew its position in SolarEdge Technologies by 21.5% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 2,868 shares of the semiconductor company’s stock worth $59,000 after purchasing an additional 508 shares during the period. 95.10% of the stock is currently owned by institutional investors.

Key Stores Impacting SolarEdge Technologies

Here are the key news stories impacting SolarEdge Technologies this week:

  • Positive Sentiment: Morgan Stanley upgraded SEDG to an equal-weight/hold, which helped trigger buying interest by signaling that near-term downside is limited. Morgan Stanley upgrade
  • Positive Sentiment: Analysts and media highlighted rising U.S. solar demand as a tailwind for SolarEdge’s product mix (inverters and storage), supporting expectations for revenue recovery and boosting investor appetite. Article on U.S. solar demand
  • Positive Sentiment: Market reaction: shares gapped up following the Morgan Stanley move and related coverage, indicating short-term buying momentum. Shares gap up article
  • Neutral Sentiment: Goldman Sachs cut its price target from $36 to $31 and assigned a neutral rating; the lowered target trims upside but the neutral stance is not a full sell signal. Goldman Sachs PT cut
  • Negative Sentiment: Wells Fargo reduced its price target sharply from $42 to $33 and moved to an equal-weight rating — a material trim that signals weaker expectations and likely pressured sentiment. Wells Fargo PT cut
  • Negative Sentiment: Citigroup lowered its target from $30 to $29 and kept a sell rating, a strongly negative signal that likely contributed to near-term downside pressure. Citigroup PT cut

About SolarEdge Technologies

(Get Free Report)

SolarEdge Technologies (NASDAQ: SEDG) is a global provider of solar energy solutions focused on optimizing photovoltaic (PV) power generation. The company’s core offerings include power optimizers, inverters and cloud-based monitoring platforms designed to maximize energy output and improve safety across residential, commercial and utility-scale installations. By coupling module-level electronics with centralized inverters, SolarEdge’s technology enables real-time performance monitoring and rapid fault detection to enhance system reliability.

In recent years, SolarEdge has expanded its product portfolio beyond solar PV to include energy storage systems, electric vehicle (EV) charging solutions and smart energy management tools.

Featured Articles