Professional
Added to YB: 2024-02-06
Pitch date: 2024-02-06
SEDG [bearish]
SolarEdge Technologies, Inc.
+61.8%
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
$77.31
Price Target
57.00 (+93%)
Dividend
N/A
EV/EBITDA
-5.45
P/E
-3.77
EV/Sales
1.99
Sector
Semiconductors and Semiconductor Equipment
Category
value
Bank of America negative note on $SEDG
$SEDG: BofA reiterates underperform rating, citing ongoing EU woes & limited recovery visibility. Pressured by bloated channel inventory, mgmt's restructuring signals caution. Despite boost from cost savings & tax credits, shares appear expensive on relative basis. PT $57, closes in on DCF.
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