SolarEdge Technologies (SEDG) came out with a quarterly loss of $3.52 per share versus the Zacks Consensus Estimate of a loss of $1.57. This compares to loss of $0.92 per share a year ago.
SolarEdge Technologies (SEDG), a leader in DC-optimized inverter solutions, reported mixed fourth-quarter 2024 earnings on Wednesday, Feb. 19. Q4 revenue of $196.2 million topped the analysts' consensus estimate of $189 million.
Beyond analysts' top -and-bottom-line estimates for SolarEdge (SEDG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
SolarEdge (SEDG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SolarEdge Technologies (SEDG) concluded the recent trading session at $13.10, signifying a -1.58% move from its prior day's close.
In the most recent trading session, SolarEdge Technologies (SEDG) closed at $14.71, indicating a -1.87% shift from the previous trading day.
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.
Citigroup cut shares to sell less than a month after Goldman Sachs gave a rare double upgrade to Buy.
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 plans to slash 400 more jobs following the dismissal of 500 workers a little more than a month ago.
SolarEdge Technologies (SEDG) reachead $13.60 at the closing of the latest trading day, reflecting a +0.22% change compared to its last close.
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.