SolarEdge Technologies downgraded by Morgan Stanley with a new price target
$SEDG
Semiconductors
Technology
Morgan Stanley downgraded SolarEdge Technologies from Equal-Weight to Underweight and set a new price target of $9.00 from $23.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/20/2024 | Sell → Neutral | Guggenheim | |
| 11/15/2024 | $23.00 → $9.00 | Equal-Weight → Underweight | Morgan Stanley |
| 11/7/2024 | $35.00 → $11.00 | Outperform → Neutral | Mizuho |
| 11/7/2024 | $16.00 → $11.00 | Hold | TD Cowen |
| 11/7/2024 | $21.00 → $14.00 | Neutral → Underperform | BofA Securities |
| 11/7/2024 | $17.00 → $9.00 | Neutral → Underweight | Piper Sandler |
| 10/21/2024 | $35.00 → $16.00 | Buy → Hold | TD Cowen |
| 10/17/2024 | $10.00 | Neutral → Sell | Guggenheim |
Global clean tech leaders Kraken Technologies and SolarEdge Technologies, Inc. ("SolarEdge") (NASDAQ:SEDG) are today announcing a strategic partnership to unlock low-cost, green energy for SolarEdge Home Battery customers around the world. SolarEdge batteries will be integrated into Kraken – the world's fastest growing energy platform and the technology behind Octopus Energy. This will allow SolarEdge customers to maximise earnings by charging their batteries with cheap, clean energy when it is most abundant, and selling energy back to the grid to support supply at peak times – all fully automated by Kraken. The first to benefit from the partnership will be Octopus Energy customers in the
Roth MKM analyst Philip Shen maintains SolarEdge Technologies (NASDAQ:SEDG) with a Neutral and lowers the price target from $55 to $27.
Piper Sandler analyst Kashy Harrison maintains SolarEdge Technologies (NASDAQ:SEDG) with a Neutral and raises the price target from $25 to $29.
Zvi Lando steps down as CEO, and Company initiates a search for new CEO Ronen Faier, previously Chief Financial Officer, appointed Interim CEO Ariel Porat, Senior VP Finance, appointed CFO as part of the Company's previously announced CFO Succession Plan SolarEdge Technologies, Inc. ("SolarEdge") (NASDAQ:SEDG), a global leader in smart energy technology, announced that Zvi Lando has stepped down as SolarEdge's Chief Executive Officer. The Company's Board of Directors has initiated a search for a new CEO with the support of a leading global executive search firm, and has appointed Ronen Faier, previously Chief Financial Officer, to serve as Interim Chief Executive Officer, effective to
SolarEdge Home Battery customers will be able to save by charging with low-cost, clean energy – fully automated by Kraken Octopus Energy customers in the UK and US first to benefit from lower energy bills SolarEdge systems around the world to expand Kraken's 'Virtual Power Plant' potential and turbocharge the smart grid Global clean tech leaders Kraken Technologies and SolarEdge Technologies, Inc. ("SolarEdge") (NASDAQ:SEDG) are today announcing a strategic partnership to unlock low-cost, green energy for SolarEdge Home Battery customers around the world. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240724918332/
SolarEdge Technologies, Inc. ("SolarEdge" or the "Company") (NASDAQ:SEDG), a global leader in smart energy technology, announced today the appointment of Mr. Shuki Nir as the Company's new Chief Marketing Officer (CMO). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240627485213/en/Mr. Shuki Nir (Photo: Business Wire) Prior to joining SolarEdge, Mr. Nir served in several key leadership roles, including General Manager of the Consumer Business Unit at SanDisk and also led SanDisk's Corporate Marketing. His extensive tenure includes consulting for multinational corporations and serving on several boards, including Kornit Digital a
10-Q - SOLAREDGE TECHNOLOGIES, INC. (0001419612) (Filer)
8-K - SOLAREDGE TECHNOLOGIES, INC. (0001419612) (Filer)
8-K - SOLAREDGE TECHNOLOGIES, INC. (0001419612) (Filer)
Guggenheim upgraded SolarEdge Technologies from Sell to Neutral
Morgan Stanley downgraded SolarEdge Technologies from Equal-Weight to Underweight and set a new price target of $9.00 from $23.00 previously
Mizuho downgraded SolarEdge Technologies from Outperform to Neutral and set a new price target of $11.00 from $35.00 previously
SolarEdge Technologies, Inc. (NASDAQ:SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenues of $260.9 million Revenues from solar segment of $247.5 million GAAP gross margin of negative 269.2%1 Non-GAAP gross margin2 of negative 265.4%1 Gross margin from solar segment of negative 245.8%1 GAAP operating loss of negative $1.09 billion1 Non-GAAP operating loss2 of $808.1 million1 GAAP net loss of negative $1.21 billion1 Non-GAAP net loss2 of negative $874.3 million1 GAAP net loss per share of negative $21.11 Non-GAAP net loss2 per share of $15.31 Imp
SolarEdge Technologies, Inc. ("SolarEdge") (NASDAQ:SEDG), a global leader in smart energy technology, will report financial results for the third quarter ended September 30, 2024 after market close on Wednesday, November 6, 2024. Management will host a conference call at 4:30 P.M. ET on Wednesday, November 6, 2024 to discuss these results. The call will be available, live, to interested parties by dialing: United States/Canada Toll Free: +1 800-343-4136 International Toll: +1 203-518-9843 Conference ID: SEDG To avoid a delay in connecting to the call, please dial in 10 minutes prior to the start time. A live webcast will be available in the Investor Relat
SolarEdge Technologies, Inc. (NASDAQ:SEDG), a global leader in smart energy technology, today announced its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Revenues of $265.4 million Revenues from solar segment of $241.2 million GAAP gross margin of negative 4.1% Non-GAAP gross margin1 of 0.2%, including 330 basis points of net IRA benefit Gross margin from solar segment of 1.3% GAAP operating loss of $160.2 million Non-GAAP operating loss1 of $114.3 million GAAP net loss of $130.8 million Non-GAAP net loss1 of $101.2 million GAAP net loss per share of $2.31 Non-GAAP net loss per share1 of $1.79 873 Megawatts
SolarEdge Technologies, Inc. (NASDAQ:SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenues of $260.9 million Revenues from solar segment of $247.5 million GAAP gross margin of negative 269.2%1 Non-GAAP gross margin2 of negative 265.4%1 Gross margin from solar segment of negative 245.8%1 GAAP operating loss of negative $1.09 billion1 Non-GAAP operating loss2 of $808.1 million1 GAAP net loss of negative $1.21 billion1 Non-GAAP net loss2 of negative $874.3 million1 GAAP net loss per share of negative $21.11 Non-GAAP net loss2 per share of $15.31 Imp
Avery More Elected as Chairman of the Board Guy Gecht Appointed as Member of the Board, replacing Tal Payne SolarEdge Technologies, Inc. (NASDAQ:SEDG), a global leader in smart energy technology, today announced that the Board of Directors (the "Board") has elected Avery More as Chairman of the Board of Directors, replacing Nadav Zafrir, who will remain on the Board. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241106921681/en/Guy Gecht (Photo: Business Wire) Also today, the Board appointed Guy Gecht as a member of its Board of Directors, effective immediately. He will serve on the Board's Audit Committee and qualifies as Aud
SolarEdge Technologies, Inc. (NASDAQ:SEDG), a global leader in smart energy technology, today announced it closed its first transaction for the sale of §45X Advanced Manufacturing Production Tax Credits in consideration for approximately $40 million, net of discounts and fees. The Credits were generated by sales of eligible, U.S. made, inverters in the first half of 2024. Ronen Faier, Interim Chief Executive Officer of SolarEdge, said: "The Inflation Reduction Act and new §45X of the U.S. Internal Revenue Code have made it possible to bring high value energy technology manufacturing back to the United States, and we are pleased to announce our first sale of §45X tax credits backed by ‘Made
4 - SOLAREDGE TECHNOLOGIES, INC. (0001419612) (Issuer)
4 - SOLAREDGE TECHNOLOGIES, INC. (0001419612) (Issuer)
3 - SOLAREDGE TECHNOLOGIES, INC. (0001419612) (Issuer)
SC 13G/A - SOLAREDGE TECHNOLOGIES, INC. (0001419612) (Subject)
SC 13G - SOLAREDGE TECHNOLOGIES, INC. (0001419612) (Subject)
SC 13G/A - SOLAREDGE TECHNOLOGIES, INC. (0001419612) (Subject)
4 - SOLAREDGE TECHNOLOGIES, INC. (0001419612) (Issuer)
4 - SOLAREDGE TECHNOLOGIES, INC. (0001419612) (Issuer)
4 - SOLAREDGE TECHNOLOGIES, INC. (0001419612) (Issuer)