SEDG - SolarEdge Technologies, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
84.71
+0.59 (+0.70%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close84.12
Open85.00
Bid0.00 x 1300
Ask0.00 x 1000
Day's Range83.01 - 85.26
52 Week Range32.42 - 89.43
Volume669,848
Avg. Volume710,428
Market Cap4.064B
Beta (3Y Monthly)0.38
PE Ratio (TTM)37.19
EPS (TTM)2.28
Earnings DateOct 30, 2019 - Nov 4, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est85.00
Trade prices are not sourced from all markets
  • SolarEdge Appoints Chief Operating Officer
    Business Wire

    SolarEdge Appoints Chief Operating Officer

    SolarEdge Technologies, Inc. , a global leader in smart energy, announced today the appointment of Mr. Uri Bechor as Chief Operating Officer.

  • Business Wire

    SolarEdge Participating in AGL’s Virtual Power Plant in Australia

    SolarEdge Technologies, Inc. (“SolarEdge”) (SEDG), a global leader in smart energy, announced today that its StorEdge solutions have been selected to participate in AGL’s new residential battery program as part of its expanded virtual power plant (VPP). StorEdge system owners with an approved battery are eligible to receive an annual credit of up to $280 on their electricity bill for allowing the virtual power plant to access their batteries in times of grid need.

  • Buy These 5 Low Leverage Stocks If You Want to Play Safe
    Zacks

    Buy These 5 Low Leverage Stocks If You Want to Play Safe

    Since existence of a debt-free company is rare, to safeguard their portfolio from losses, the real challenge for an investor is determining whether an organization's debt level is sustainable

  • InvestorPlace

    The Sun Is Shining on These 3 Solar Stocks

    After several years' worth of cloudy skies, solar stocks may finally be finding their place in the sun. We have finally hit the inflection point with regards to solar installations and technology. In many areas, costs for solar -- without subsidies -- are now on par with other more traditional energy means. As a result, renewables are quickly gaining on market share from fossil fuels.According to the International Energy Agency (IEA), investments in renewable energy sources grew 55% from 2010 to 2018. More importantly, the agency predicts that 65% of all global energy spending will come from renewables like solar by 2030.For solar stocks, this is great news. No wonder why the Invesco Solar ETF (NYSEARCA:TAN) is up nearly 60% year to date.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Cheap Dividend Stocks to Load Up On The long-term is very bright for solar stocks as well. With more money allocated towards renewables, the sector is finally poised to be a real moneymaker for investors. And there's still plenty of time to cash in on the biggest trends out there. For investors, the time to add solar stocks is now.With that, the sun is shinning for these three solar stocks today. Solar Stocks to Buy: First Solar, Inc. (FSLR)If you're going buy a single solar stock, it has to be kingpin First Solar (NASDAQ:FSLR). The firm has been at the forefront of several key shifts in the industry that continues to this day.FSLR started out as a maker of very efficient solar panels with some of the highest rates of sun-to-energy conversion around. This advanced technology served it well with many utility-scale solar producers.When the glut of cheaply-made Chinese panels hit the market a few years ago, FSLR switched gears into being a producer of full-scale solar plants for utilities. The firm has managed to see plenty of rising revenues from key utility customers.During the last reported quarter, FSLR managed to see its revenues jump 89% as the solar firm was able to see a great combination of rising production and growing bookings from utilities. First Solar's new Series 6 panel -- which promises high efficiency coupled with low costs -- surged, while new bookings pushed FSLR's backlog to 12.9 GW.The strong first half of the year performance, as well as continued demand from utility and residential customers, has allowed FSLR to boost its already impressive guidance for the rest of the year. The firm now expects to pull as much as $3.7 billion in revenues and EPS near $2.75 on the high end.Adding in its strong balance sheet to its key leadership position, FSLR is one of the best solar stocks to buy for the long haul. Sunrun (NASDAQ:RUN)To win in solar, it takes plenty of scale. This is especially true when it comes to residential solar installers. Putting solar panels on the roofs of consumers is a relatively low-margined business. It takes scale to clip small revenues from each one. Luckily for Sunrun (NASDAQ:RUN) it's building that scale in a big way.RUN is now the largest residential solar installer serving more than 255,000 customers and employing more than 1,700 MW worth capacity. Because of this surge in customers and installed wattage, RUN's revenues have sacked upped. Over the last three years, the firm's sales have surged by over 108%.Here's where it gets interesting for RUN. One of the problems for many residential customers is that they often don't have the cash up-front to pay for new systems. In this, Sunrun will often lease the systems to consumers. In that regard, RUN actually owns the panels on your roof. In order to make that happen, RUN needs to take out financing.If that sounds familiar, that's exactly what Tesla's (NASDAQ:TSLA) SolarCity did. But unlike TSLA -- which is having troubles -- RUN is actually seeing sales rise in a big way that's allowing to service its debts with ease. * 15 Growth Stocks to Buy for the Long Haul While it's a riskier solar stock play, RUN makes an interesting addition to a portfolio to play the rise in residential solar installations. SolarEdge (SEDG)Israel is often ignored by investors, which is a real shame. The nation has long-been a technology and healthcare powerhouse that extends into the solar sector, with SolarEdge (NASDAQ:SEDG) being a top solar stock to buy. The key is in its products.Source: Shutterstock SEDG doesn't make panels -- which can be fraught with wild price swings. What it does do is make various components needed to make solar power work. Solar panels produce direct current (DC) electricity. However, the grid and household devices use alternating current (AC) electricity. In order to get energy from a solar panel, you need to use a device called an inverter. It's here that SolarEdge shines.The firm's inverter products not only convert energy from DC to AC, but also optimize power output from panels and boost efficiency. This allows installers and consumers to get a bit more from their installations. You get a product you need that is better than the standard.Customers love it. SolarEdge reported record revenues in its last quarter -- growing more than 20%. This follows its streak of record results. Meanwhile, this niche of providing needed components has allowed SEDG to be profitable as well -- a rarity among the solar names.The best part is that SEDG has the potential to keep the growth going. Aside from solar, the firm has moved into providing renewable energy storage products as well as other inverter items for wind energy. Using the same model for solar, SolarEdge is poised to win here as well.At the time of writing, Aaron Levitt did not have a position in any of the stocks mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post The Sun Is Shining on These 3 Solar Stocks appeared first on InvestorPlace.

  • SolarEdge Appoints New Director to Serve as Co-Chairman
    Business Wire

    SolarEdge Appoints New Director to Serve as Co-Chairman

    SolarEdge Technologies, Inc. (“SolarEdge”) (SEDG), a global leader in smart energy, announced today the appointment of Mr. Nadav Zafrir as co-chairman and member of the board of directors. The appointment was approved unanimously by the board of directors and is being made to further strengthen the executive management of the company in light of the continued illness of Guy Sella, founder, Chairman and CEO of SolarEdge. Mr. Zafrir brings to SolarEdge twenty-five years of experience in cyber leadership and technology development.

  • These Are The Simple Secrets To Mastering Your Trades — In Any Market Environment
    Investor's Business Daily

    These Are The Simple Secrets To Mastering Your Trades — In Any Market Environment

    From sticking to a routine to studying past winners, these tips will help improve your trading results. Plus, we look at stocks holding up amid market volatility.

  • SolarEdge's Shares March Higher, Can It Continue?
    Zacks

    SolarEdge's Shares March Higher, Can It Continue?

    As of late, it has definitely been a great time to be an investor in SolarEdge Technologies.

  • SolarEdge Technologies (SEDG) Jumps: Stock Rises 5.2%
    Zacks

    SolarEdge Technologies (SEDG) Jumps: Stock Rises 5.2%

    SolarEdge Technologies (SEDG) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

  • Thomson Reuters StreetEvents

    Edited Transcript of SEDG earnings conference call or presentation 6-Aug-19 8:30pm GMT

    Q2 2019 Solaredge Technologies Inc Earnings Call

  • Why Solar Stocks Were Mixed Last Week
    Market Realist

    Why Solar Stocks Were Mixed Last Week

    Solar stocks started last week significantly lower due to increased trade war concerns. The solar energy space is one of the hottest sectors this year.

  • SolarEdge Shares Gain 40% Since Posting Buy Signal
    Investopedia

    SolarEdge Shares Gain 40% Since Posting Buy Signal

    A narrative of massive growth, strong guidance, and institutional buy signals suggests upside potential for shares of the solar company.

  • These 4 Measures Indicate That SolarEdge Technologies (NASDAQ:SEDG) Is Using Debt Reasonably Well
    Simply Wall St.

    These 4 Measures Indicate That SolarEdge Technologies (NASDAQ:SEDG) Is Using Debt Reasonably Well

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • Here Are My Top 3 Stocks to Buy Next
    Motley Fool

    Here Are My Top 3 Stocks to Buy Next

    Two high-flying growth stocks and an overlooked retail turnaround make the grade.

  • Has SolarEdge Technologies (SEDG) Outpaced Other Oils-Energy Stocks This Year?
    Zacks

    Has SolarEdge Technologies (SEDG) Outpaced Other Oils-Energy Stocks This Year?

    Is (SEDG) Outperforming Other Oils-Energy Stocks This Year?

  • Most Profitable Part of Solar Power Is Switching Currents
    Bloomberg

    Most Profitable Part of Solar Power Is Switching Currents

    (Bloomberg) -- The most profitable corner of the booming U.S. solar industry isn’t making -- or even installing -- panels. It’s building the components that keep electricity flowing to the power grid.They’re called inverters, and the two companies that make the vast majority of premium ones in the U.S. reported their highest revenue ever in the second quarter, propelling their shares to record levels. Enphase Energy Inc., has gone from trading at less than a dollar to ranking among the world’s most valuable solar stocks with a market capitalization of $3.8 billion. Its slightly larger rival, SolarEdge Technologies Inc., has rallied 129% this year. Enphase gained another 2.6% at 11:55 a.m. in New York. SolarEdge was little changed.The systems Enphase and SolarEdge supply are crucial to making solar power work. Panels produce direct-current electricity that needs to be converted to alternating current so it can be carried into homes or sent to local power grids. That’s what inverters do. The ones Enphase and SolarEdge make are so specialized and cost-effective to manufacture that the companies have bigger margins than most other segments of the solar business.“They’re better than anything in the industry,” said Jeffrey Osborne, an alternative energy analyst at Cowen & Co. “There’s nothing out there that I’ve seen that can compete” in terms of profitability.SolarEdge reported record revenue of $325 million and profit that beat analyst’s estimates. Its shares jumped 25% to close at $80.30 on Tuesday. Last week, Enphase posted $134 million in revenue, up 77% from a year earlier, and said third-quarter sales may total as much as $180 million.The two companies supplied 89% of the total U.S. market for module-level inverters last year, according to Wood Mackenzie Power & Renewable analyst Lindsay Cherry. They’ve kept their edge in the U.S. even as China’s Huawei Technologies Co. and Sungrow Power Supply Co. dominate the global market. That’s in part because Huawei canceled plans earlier this year to enter the U.S. market after lawmakers suggested a ban on their technology.Both SolarEdge and Enphase gave earnings projections that beat analysts’ estimates as demand for solar rebounds. Wood Mackenzie Power & Renewables and the Solar Energy Industries Association projected that photovoltaic capacity installations in the U.S. would rise 14% in 2019 after a two-year slowdown. A global index of solar stocks maintained by Bloomberg has surged almost 30% in 2019 after declining in four of the previous five years.Fraction of the CostInverters represent just a fraction of the total cost of a rooftop solar system. For a typical $15,000 panel installation, an inverter may price at about $1,500. But they’ve proven to be the source of many breakdowns, and buyers have grown comfortable with the quality of Enphase and SolarEdge products, Osborne said.The type of “smart” inverters that Enphase and SolarEdge make has also given them a leg up. These components isolate issues on an individual panel so they don’t affect the output of an entire system. And they can be easier to integrate with batteries, an attractive proposition for installers trying to sell solar-plus-battery combinations.The biggest threat facing the two manufacturers may be each other. “Investors have been fiercely debating whether Enphase is taking or will take market share from SolarEdge in the U.S.,” Philip Shen, an analyst at Roth Capital Partners, said in a research note. He went on to say, “We believe the global growth of distributed solar is big enough for both.”(Updates shares in third paragraph.)To contact the reporter on this story: Christopher Martin in New York at cmartin11@bloomberg.netTo contact the editors responsible for this story: Lynn Doan at ldoan6@bloomberg.net, Joe RyanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • SolarEdge Stock Hits Record High On Quarterly Earnings Report
    Investor's Business Daily

    SolarEdge Stock Hits Record High On Quarterly Earnings Report

    SolarEdge stock broke out to an all-time high Wednesday as the solar power company announced second-quarter earnings that beat Wall Street estimates, as did its third-quarter outlook.

  • Why SolarEdge Technologies Shares Popped 26.2% Today
    Motley Fool

    Why SolarEdge Technologies Shares Popped 26.2% Today

    Another great quarter is driving this solar stock higher.

  • Barrons.com

    SolarEdge Stock Is Soaring as Strong Earnings Highlight Huawei’s Retreat

    The impact of Huawei’s retreat from the U.S. solar market was clear in SolarEdge’s quarterly results.

  • SolarEdge’s Earnings: Will Stock Follow Peers after Q2?
    Market Realist

    SolarEdge’s Earnings: Will Stock Follow Peers after Q2?

    SolarEdge Technologies (SEDG) reported its second-quarter earnings on Tuesday. The company reported an EPS of $0.94 for the quarter ending June 30.

  • Dow Jones Futures Steady On Asia Central Bank Rate Cuts: Disney, Match Lead Key Earnings Movers After Stock Market Rally
    Investor's Business Daily

    Dow Jones Futures Steady On Asia Central Bank Rate Cuts: Disney, Match Lead Key Earnings Movers After Stock Market Rally

    Stock futures tilted higher despite a weaker yuan as several Asian central banks cut rates. Disney fell on weak earnings. Match Group, SolarEdge Technologies and Guardant Health gapped up.

  • SolarEdge (SEDG) Q2 Earnings Beat Estimates, Revenues Up Y/Y
    Zacks

    SolarEdge (SEDG) Q2 Earnings Beat Estimates, Revenues Up Y/Y

    SolarEdge's (SEDG) gross profit in the second quarter surges 35% to $110.7 million.

  • TheStreet.com

    SolarEdge Flares Higher as Adjusted Earnings, Revenue Outlook Beat Estimates

    SolarEdge shares on Wednesday powered ahead more than 23% as the solar-power-technology company reported second-quarter adjusted earnings per share rose 15% on 43% higher revenue, both exceeding analysts' estimates.

  • SolarEdge Technologies Inc (SEDG) Q2 2019 Earnings Call Transcript
    Motley Fool

    SolarEdge Technologies Inc (SEDG) Q2 2019 Earnings Call Transcript

    SEDG earnings call for the period ending June 30, 2019.

  • SolarEdge Technologies (SEDG) Beats Q2 Earnings and Revenue Estimates
    Zacks

    SolarEdge Technologies (SEDG) Beats Q2 Earnings and Revenue Estimates

    SolarEdge (SEDG) delivered earnings and revenue surprises of 9.30% and 3.28%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Business Wire

    SolarEdge Announces Second Quarter 2019 Financial Results

    SolarEdge Technologies, Inc. , a global leader in smart energy, today announced its financial results for the second quarter ended June 30, 2019.