Professional
Added to YB: 2024-12-18
Pitch date: 2024-12-17
SEDG [bullish]
SolarEdge Technologies, Inc.
-9.46%
current return
Author Info
No bio for this author
Company Info
SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally.
Market Cap
$713.9M
Pitch Price
$14.48
Price Target
N/A
Dividend
N/A
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
Goldman Sachs Upgrades SolarEdge (SEDG) to Buy with $19 Target
SEDG: Goldman upgrades to Buy, PT $19. Down 86% since Dec '23. Estimates bottoming, debt fears overblown. Restructuring cuts costs. 2025 key inflection, concerns priced in. 2026 EPS $1.64 vs consensus $0.55. Turnaround story with attractive risk-reward at current levels.
Read full article (2 min)