Professional
Added to YB: 2025-01-09
Pitch date: 2025-01-08
SEDG [bearish]
SolarEdge Technologies, Inc.
-92.84%
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
$2.2B
Pitch Price
$14.80
Price Target
9.00 (-70%)
Dividend
N/A
EV/EBITDA
-5.45
P/E
-3.77
EV/Sales
1.99
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
Citi on SolarEdge: Challenging Outlook Cuts Price Target to $9
SEDG Sell: Citi downgrades to Sell, PT $9 from $12. Tight liquidity, tough earnings outlook, competition. Sector hit by commodity, regulatory, political changes. Residential solar cautious due to incentive dependence. Utility-scale better positioned w/ datacenter/AI demand.
Read full article (1 min)