SolarEdge (SEDG) Stock Forecast, Price Target & Predictions
SEDG Stock Forecast
SolarEdge stock forecast is as follows: an average price target of $172.60 (represents a 1161.70% upside from SEDG’s last price of $13.68) and a rating consensus of 'Hold', based on 27 wall street analysts offering a 1-year stock forecast.
SEDG Price Target
The average price target for SolarEdge (SEDG) is $172.60 based on 1-year price targets from 27 Wall Street analysts in the past 3 months, with a price target range of $490.00 to $15.00. This represents a potential 1161.70% upside from SEDG's last price of $13.68.
SEDG Analyst Ratings
According to 27 Wall Street analysts, SolarEdge's rating consensus is 'Hold'. The analyst rating breakdown for SEDG stock is 0 'Strong Buy' (0.00%), 8 'Buy' (29.63%), 16 'Hold' (59.26%), 3 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).
SolarEdge Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 07, 2024 | Jordan Levy | Truist Financial | $15.00 | $14.88 | 0.81% | 9.65% |
| Oct 15, 2024 | Chris Dendrinos | RBC Capital | $25.00 | $18.83 | 32.77% | 82.75% |
| Oct 11, 2024 | Christine Cho | Barclays | $17.00 | $18.18 | -6.49% | 24.27% |
| Sep 17, 2024 | Julien Dumoulin-Smith | Jefferies | $17.00 | $21.95 | -22.55% | 24.27% |
| Sep 16, 2024 | Dimple Gosai | Bank of America Securities | $22.00 | $20.12 | 9.34% | 60.82% |
| Sep 12, 2024 | Jordan Levy | Stifel Nicolaus | $20.00 | $18.75 | 6.64% | 46.20% |
| Sep 03, 2024 | Julian Dumoulin-Smith | Jefferies | $27.00 | $22.07 | 22.34% | 97.37% |
| Aug 26, 2024 | Austin Moeller | Canaccord Genuity | $27.00 | $26.13 | 3.33% | 97.37% |
| Aug 08, 2024 | Corinne Blanchard | Deutsche Bank | $25.00 | $22.87 | 9.31% | 82.75% |
| Aug 08, 2024 | Jordan Levy | Truist Financial | $20.00 | $22.77 | -12.18% | 46.20% |
The latest SolarEdge stock forecast, released on Nov 07, 2024 by Jordan Levy from Truist Financial, set a price target of $15.00, which represents a 0.81% increase from the stock price at the time of the forecast ($14.88), and a 9.65% increase from SEDG last price ($13.68).
SolarEdge Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 8 | 33 |
| Avg Price Target | $20.00 | $21.25 | $46.97 |
| Last Closing Price | $13.68 | $13.68 | $13.68 |
| Upside/Downside | 46.20% | 55.34% | 243.35% |
In the current month, the average price target of SolarEdge stock is $20.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 46.20% increase as opposed to SolarEdge's last price of $13.68. This month's average price target is down -5.88% compared to last quarter, and down -57.42% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 06, 2024 | Bank of America Securities | Neutral | Underperform | Downgrade |
| Oct 21, 2024 | Cowen & Co. | Buy | Hold | Downgrade |
| Oct 17, 2024 | Guggenheim | Buy | Sell | Downgrade |
| Oct 15, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Oct 11, 2024 | Barclays | Underweight | Underweight | Hold |
| Oct 08, 2024 | Truist Financial | Sector Perform | Sector Perform | Hold |
| Oct 08, 2024 | Susquehanna | Underperform | Underperform | Hold |
| Oct 08, 2024 | GLJ Research | Sell | Sell | Hold |
| Oct 01, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Sep 17, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
SolarEdge's last stock rating was published by Bank of America Securities on Nov 06, 2024. The company Downgrade its SEDG rating from "Neutral" to "Underperform".
SolarEdge Financial Forecast
SolarEdge Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $991.29M | $943.89M | $890.70M | $836.72M | $727.77M | $655.08M | $551.91M | $526.40M | $480.06M | $405.49M | $358.11M | $338.10M |
| Avg Forecast | $531.90M | $537.92M | $528.72M | $489.86M | $461.58M | $455.25M | $438.23M | $416.11M | $373.02M | $354.36M | $298.56M | $236.32M | $214.46M | $272.80M | $264.32M | $195.43M | $323.24M | $769.19M | $993.88M | $933.11M | $879.73M | $826.85M | $730.65M | $635.34M | $549.66M | $529.35M | $455.89M | $395.40M | $355.45M | $342.58M |
| High Forecast | $694.40M | $702.25M | $690.25M | $639.51M | $602.60M | $594.33M | $572.12M | $543.24M | $486.97M | $462.62M | $389.78M | $314.43M | $219.31M | $283.29M | $264.33M | $195.43M | $340.44M | $922.93M | $1.30B | $1.22B | $1.15B | $826.85M | $730.65M | $635.34M | $549.66M | $529.35M | $455.89M | $395.40M | $355.45M | $342.58M |
| Low Forecast | $396.92M | $401.41M | $394.54M | $365.54M | $344.44M | $339.72M | $327.02M | $310.51M | $278.35M | $264.43M | $222.80M | $145.99M | $210.43M | $262.31M | $264.32M | $195.43M | $302.92M | $700.71M | $741.65M | $696.31M | $656.48M | $826.85M | $730.65M | $635.34M | $549.66M | $529.35M | $455.89M | $395.40M | $355.45M | $342.58M |
| # Analysts | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 13 | 13 | 13 | 15 | 14 | 9 | 9 | 9 | 10 | 21 | 10 | 10 | 13 | 9 | 9 | 16 | 10 | 10 | 19 | 13 | 10 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.01% | 1.01% | 1.00% | 1.03% | 1.00% | 0.99% | 1.05% | 1.03% | 1.01% | 0.99% |
SolarEdge's average Quarter revenue forecast for Sep 23 based on 21 analysts is $769.19M, with a low forecast of $700.71M, and a high forecast of $922.93M. SEDG's average Quarter revenue forecast represents a -22.41% decrease compared to the company's last Quarter revenue of $991.29M (Jun 23).
SolarEdge EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 13 | 13 | 13 | 15 | 14 | 9 | 9 | 9 | 10 | 21 | 10 | 10 | 13 | 9 | 9 | 16 | 10 | 10 | 19 | 13 | 10 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $163.62M | $157.62M | $7.20M | $97.58M | $48.49M | $62.52M | $45.27M | $70.76M | $63.42M | $47.31M | $33.18M | $54.35M |
| Avg Forecast | $56.30M | $56.93M | $55.96M | $51.85M | $48.85M | $48.18M | $46.38M | $44.04M | $39.48M | $37.51M | $31.60M | $25.01M | $22.70M | $28.87M | $27.98M | $73.14M | $34.21M | $81.41M | $105.19M | $66.50M | $65.64M | $87.51M | $77.33M | $60.45M | $58.17M | $56.03M | $48.25M | $47.79M | $37.62M | $36.26M |
| High Forecast | $73.49M | $74.33M | $73.05M | $67.68M | $63.78M | $62.90M | $60.55M | $57.50M | $51.54M | $48.96M | $41.25M | $33.28M | $23.21M | $29.98M | $27.98M | $87.77M | $36.03M | $97.68M | $137.33M | $79.79M | $78.77M | $87.51M | $77.33M | $72.54M | $58.17M | $56.03M | $48.25M | $57.34M | $37.62M | $36.26M |
| Low Forecast | $42.01M | $42.48M | $41.76M | $38.69M | $36.46M | $35.95M | $34.61M | $32.86M | $29.46M | $27.99M | $23.58M | $15.45M | $22.27M | $27.76M | $27.97M | $58.52M | $32.06M | $74.16M | $78.50M | $53.20M | $52.51M | $87.51M | $77.33M | $48.36M | $58.17M | $56.03M | $48.25M | $38.23M | $37.62M | $36.26M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.56% | 2.37% | 0.11% | 1.12% | 0.63% | 1.03% | 0.78% | 1.26% | 1.31% | 0.99% | 0.88% | 1.50% |
21 analysts predict SEDG's average Quarter EBITDA for Sep 23 to be $81.41M, with a high of $97.68M and a low of $74.16M. This is -50.24% lower than SolarEdge's previous annual EBITDA (Jun 23) of $163.62M.
SolarEdge Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 13 | 13 | 13 | 15 | 14 | 9 | 9 | 9 | 10 | 21 | 10 | 10 | 13 | 9 | 9 | 16 | 10 | 10 | 19 | 13 | 10 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $119.51M | $138.38M | $20.83M | $24.74M | $15.08M | $33.12M | $40.95M | $53.05M | $45.09M | $30.08M | $17.66M | $43.75M |
| Avg Forecast | $22.02M | $22.89M | $17.26M | $12.95M | $13.89M | $11.54M | $6.99M | $1.55M | $-13.43M | $-26.30M | $-46.34M | $-69.35M | $-84.03M | $-93.65M | $-87.75M | $46.50M | $-76.21M | $50.75M | $144.07M | $42.27M | $59.38M | $83.58M | $50.10M | $38.43M | $48.95M | $58.07M | $50.44M | $30.38M | $37.45M | $34.74M |
| High Forecast | $30.76M | $31.98M | $24.12M | $18.09M | $19.40M | $16.12M | $9.76M | $2.16M | $-9.00M | $-17.62M | $-31.05M | $-36.50M | $-66.47M | $-62.75M | $-58.80M | $55.80M | $-47.18M | $104.22M | $201.29M | $50.73M | $71.26M | $83.58M | $50.10M | $46.12M | $48.95M | $58.07M | $50.44M | $36.46M | $37.45M | $34.74M |
| Low Forecast | $14.75M | $15.34M | $11.57M | $8.67M | $9.31M | $7.73M | $4.68M | $1.04M | $-18.77M | $-36.74M | $-64.75M | $-108.89M | $-104.10M | $-130.84M | $-122.59M | $37.20M | $-139.97M | $5.44M | $96.54M | $33.82M | $47.51M | $83.58M | $50.10M | $30.74M | $48.95M | $58.07M | $50.44M | $24.30M | $37.45M | $34.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 3.27% | 0.35% | 0.30% | 0.30% | 0.86% | 0.84% | 0.91% | 0.89% | 0.99% | 0.47% | 1.26% |
SolarEdge's average Quarter net income forecast for Sep 23 is $50.75M, with a range of $5.44M to $104.22M. SEDG's average Quarter net income forecast represents a -57.53% decrease compared to the company's last Quarter net income of $119.51M (Jun 23).
SolarEdge SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 13 | 13 | 13 | 15 | 14 | 9 | 9 | 9 | 10 | 21 | 10 | 10 | 13 | 9 | 9 | 16 | 10 | 10 | 19 | 13 | 10 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $80.42M | $77.53M | $72.68M | $70.66M | $67.10M | $61.74M | $55.13M | $50.48M | $48.83M | $46.76M | $46.91M | $36.85M |
| Avg Forecast | $53.78M | $54.39M | $53.46M | $49.53M | $46.67M | $46.03M | $44.31M | $42.08M | $37.72M | $35.83M | $30.19M | $23.90M | $21.69M | $27.58M | $26.73M | $72.30M | $32.68M | $77.78M | $100.50M | $65.72M | $79.93M | $83.61M | $73.88M | $59.75M | $55.58M | $53.53M | $46.10M | $47.23M | $35.94M | $34.64M |
| High Forecast | $70.21M | $71.01M | $69.79M | $64.66M | $60.93M | $60.10M | $57.85M | $54.93M | $49.24M | $46.78M | $39.41M | $31.79M | $22.18M | $28.64M | $26.73M | $86.76M | $34.42M | $93.32M | $131.20M | $78.87M | $95.92M | $83.61M | $73.88M | $71.70M | $55.58M | $53.53M | $46.10M | $56.68M | $35.94M | $34.64M |
| Low Forecast | $40.13M | $40.59M | $39.89M | $36.96M | $34.83M | $34.35M | $33.07M | $31.40M | $28.15M | $26.74M | $22.53M | $14.76M | $21.28M | $26.52M | $26.73M | $57.84M | $30.63M | $70.85M | $74.99M | $52.58M | $63.95M | $83.61M | $73.88M | $47.80M | $55.58M | $53.53M | $46.10M | $37.79M | $35.94M | $34.64M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.80% | 1.18% | 0.91% | 0.85% | 0.91% | 1.03% | 0.99% | 0.94% | 1.06% | 0.99% | 1.31% | 1.06% |
SolarEdge's average Quarter SG&A projection for Sep 23 is $77.78M, based on 21 Wall Street analysts, with a range of $70.85M to $93.32M. The forecast indicates a -3.29% fall compared to SEDG last annual SG&A of $80.42M (Jun 23).
SolarEdge EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 13 | 13 | 13 | 15 | 14 | 9 | 9 | 9 | 10 | 21 | 10 | 10 | 13 | 9 | 9 | 16 | 10 | 10 | 19 | 13 | 10 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.12 | $2.46 | $0.37 | $0.44 | $0.27 | $0.62 | $0.78 | $1.01 | $0.86 | $0.58 | $0.34 | $0.87 |
| Avg Forecast | $0.39 | $0.40 | $0.30 | $0.23 | $0.24 | $0.20 | $0.12 | $0.03 | $-0.24 | $-0.46 | $-0.81 | $-1.22 | $-1.47 | $-1.64 | $-1.54 | $-1.55 | $-1.34 | $0.89 | $2.53 | $1.94 | $1.54 | $1.47 | $0.88 | $0.90 | $0.86 | $1.02 | $0.89 | $0.80 | $0.66 | $0.61 |
| High Forecast | $0.54 | $0.56 | $0.42 | $0.32 | $0.34 | $0.28 | $0.17 | $0.04 | $-0.16 | $-0.31 | $-0.54 | $-0.64 | $-1.17 | $-1.10 | $-1.03 | $-1.04 | $-0.83 | $1.83 | $3.53 | $2.70 | $2.15 | $1.47 | $0.88 | $0.90 | $0.86 | $1.02 | $0.89 | $0.80 | $0.66 | $0.61 |
| Low Forecast | $0.26 | $0.27 | $0.20 | $0.15 | $0.16 | $0.14 | $0.08 | $0.02 | $-0.33 | $-0.64 | $-1.14 | $-1.91 | $-1.83 | $-2.29 | $-2.15 | $-2.17 | $-2.45 | $0.10 | $1.69 | $1.30 | $1.03 | $1.47 | $0.88 | $0.90 | $0.86 | $1.02 | $0.89 | $0.80 | $0.66 | $0.61 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 1.27% | 0.24% | 0.30% | 0.31% | 0.69% | 0.90% | 0.99% | 0.97% | 0.72% | 0.51% | 1.42% |
According to 21 Wall Street analysts, SolarEdge's projected average Quarter EPS for Sep 23 is $0.89, with a low estimate of $0.10 and a high estimate of $1.83. This represents a -58.02% decrease compared to SEDG previous annual EPS of $2.12 (Jun 23).
SolarEdge Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SPWR | SunPower | $0.12 | $17.50 | 14483.33% | Hold |
| SEDG | SolarEdge | $13.68 | $172.60 | 1161.70% | Hold |
| NOVA | Sunnova Energy | $3.49 | $21.09 | 504.30% | Buy |
| RUN | Sunrun | $10.23 | $33.99 | 232.26% | Buy |
| ENPH | Enphase Energy | $63.66 | $167.61 | 163.29% | Buy |
| CSIQ | Canadian Solar | $12.58 | $19.50 | 55.01% | Sell |
| FSLR | First Solar | $193.83 | $239.46 | 23.54% | Buy |
| JKS | JinkoSolar | $22.66 | $23.80 | 5.03% | Sell |
| MAXN | Maxeon Solar | $11.37 | $3.75 | -67.02% | Hold |
SEDG Forecast FAQ
Is SolarEdge a good buy?
No, according to 27 Wall Street analysts, SolarEdge (SEDG) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 29.63% of SEDG's total ratings.
What is SEDG's price target?
SolarEdge (SEDG) average price target is $172.6 with a range of $15 to $490, implying a 1161.70% from its last price of $13.68. The data is based on 27 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will SolarEdge stock go up soon?
According to Wall Street analysts' prediction for SEDG stock, the company can go up by 1161.70% (from the last price of $13.68 to the average price target of $172.6), up by 3481.87% based on the highest stock price target, and up by 9.65% based on the lowest stock price target.
Can SolarEdge stock reach $20?
SEDG's average twelve months analyst stock price target of $172.6 supports the claim that SolarEdge can reach $20 in the near future.
What is SolarEdge's current price target trend?
2 Wall Street analysts forecast a $20 price target for SolarEdge (SEDG) this month, up 46.20% from its last price of $13.68. Compared to the last 3 and 12 months, the average price target increased by 55.34% and increased by 243.35%, respectively.
What are SolarEdge's analysts' financial forecasts?
SolarEdge's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.77B (high $2.31B, low $1.32B), average EBITDA is $187.46M (high $244.73M, low $139.89M), average net income is $33.96M (high $47.45M, low $22.76M), average SG&A $179.09M (high $233.81M, low $133.64M), and average EPS is $0.595 (high $0.832, low $0.399). SEDG's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $2.09B (high $2.73B, low $1.56B), average EBITDA is $221.03M (high $288.56M, low $164.94M), average net income is $75.11M (high $104.95M, low $50.33M), average SG&A $211.17M (high $275.68M, low $157.58M), and average EPS is $1.32 (high $1.84, low $0.883).
Did the SEDG's actual financial results beat the analysts' financial forecasts?
Based on SolarEdge's last annual report (Dec 2023), the company's revenue was $2.98B, which missed the average analysts forecast of $3.02B by -1.42%. Apple's EBITDA was $120.56M, missing the average prediction of $287.31M by -58.04%. The company's net income was $34.33M, missing the average estimation of $160.89M by -78.66%. Apple's SG&A was $310.82M, beating the average forecast of $276.68M by 12.34%. Lastly, the company's EPS was $0.6, missing the average prediction of $4.02 by -85.06%. In terms of the last quarterly report (Jun 2023), SolarEdge's revenue was $991.29M, missing the average analysts' forecast of $993.88M by -0.26%. The company's EBITDA was $163.62M, beating the average prediction of $105.19M by 55.55%. SolarEdge's net income was $119.51M, missing the average estimation of $144.07M by -17.05%. The company's SG&A was $80.42M, missing the average forecast of $100.5M by -19.98%. Lastly, the company's EPS was $2.12, missing the average prediction of $2.53 by -16.08%