SolarEdge Technologies (SEDG) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the most recent trading session, SolarEdge Technologies (SEDG) closed at $14.71, indicating a -1.87% shift from the previous trading day.
SolarEdge Technologies Stock Dims on Downgrade
Shares of SolarEdge Technologies Inc (NASDAQ:SEDG) are down 9.4% at $15.94 at last check, after Citigroup downgraded the solar name to "sell" from "neutral," with a price-target cut to $9 from $12, noting high operating expenses.
SolarEdge Stock Drops After Downgrade. Why the Analyst Disagrees With Goldman Sachs.
Citigroup cut shares to sell less than a month after Goldman Sachs gave a rare double upgrade to Buy.
SolarEdge's Restructuring To Generate Savings And Free Cash Flow Upside: Goldman Sachs Analyst
SolarEdge Technologies, Inc. SEDG shares are trading higher on Tuesday. On Monday, Goldman Sachs analyst Brian Lee raised its price target from $19 to $21, while reiterating a Buy rating.
SolarEdge Stock Surges on Plan to Cut 400 More Jobs
SolarEdge plans to slash 400 more jobs following the dismissal of 500 workers a little more than a month ago.
SolarEdge Technologies (SEDG) Rises As Market Takes a Dip: Key Facts
SolarEdge Technologies (SEDG) reachead $13.60 at the closing of the latest trading day, reflecting a +0.22% change compared to its last close.
Is SolarEdge At Its Final Edge?
SolarEdge (SEDG) lost all its glitter in 2023-2024. The market lost all hope for a change in the solar industry and the company's future in particular. The business's financial condition is somewhere between bad and very bad. There is a qualitative side of the company and several positive aspects.
SolarEdge Stock Climbs Back: Goldman Sachs Sees 40% Upside
As years go by, 2024 has not been a great one for shares of SolarEdge Technologies Inc NASDAQ: SEDG. The $800 million market cap stock is down 85% since the start of January, which means it's back trading at 2016 levels.
SolarEdge Stock Pops on Reported Analyst Double Upgrade
SolarEdge Technologies (SEDG) shares rallied Tuesday after analysts at Goldman Sachs reportedly issued a double upgrade for the solar equipment maker.
Goldman 'misinterpreting' investors' SolarEdge concerns, says GLJ Research
GLJ Research analyst Gordon Johnson notes that Goldman Sachs double upgraded SolarEdge to Buy from Sell with a $19 12-month forward price target, which compares to GLJ's year-end 2025 price target of $3.90 and continued Sell rating. It seems that Goldman believes the key concern weighing on shares rests with the company's ability to address its $347.5M convertible bond due in September of 2025, but GLJ believes Goldman is "misinterpreting" why investors have "deep-rooted" concerns about SolarEdge in 2025, stating that "the concern we hear from our clients rests with the idea that after SEDG pays off its convert, they will have less than 1-quarter of COGS left on the balance sheet with no way to generate cash." GLJ suggests shorting SolarEdge on today's 21.75% "pop," which the firm calls "an early Christmas gift from 'Wall Street Santa Clause'."
SolarEdge Poised For Growth Amid Cost Cuts, While Canadian Solar Faces US Policy Headwinds: Goldman Sachs
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.
Double Upgrade Pushes Solar Stock Toward Best Day in 2 Years
Shares of SolarEdge Technologies Inc (NASDAQ:SEDG) are up 13.6% at $13.99 at last glance, after a rare double-upgrade from Goldman Sachs to "buy" from "sell.
