Technical Outlook And Game Plan For Solaredge Technologies Inc (NASDAQ: SEDG)

Solaredge Technologies Inc (SEDG) concluded trading on Wednesday at a closing price of $16.10, with 3.57 million shares of worth about $57.52 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -22.00% during that period and on March 26, 2025 the price saw a loss of about -6.88%. Currently the company’s common shares owned by public are about 58.03M shares, out of which, 57.40M shares are available for trading.

Stock saw a price change of -5.18% in past 5 days and over the past one month there was a price change of -14.00%. Year-to-date (YTD), SEDG shares are showing a performance of 18.38% which decreased to -75.12% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.24 but also hit the highest price of $73.60 during that period. The average intraday trading volume for Solaredge Technologies Inc shares is 4.12 million. The stock is currently trading -1.66% below its 20-day simple moving average (SMA20), while that difference is up 3.60% for SMA50 and it goes to -18.91% lower than SMA200.

Solaredge Technologies Inc (NASDAQ: SEDG) currently have 58.03M outstanding shares and institutions hold larger chunk of about 99.57% of that.

The stock has a current market capitalization of $946.40M and its 3Y-monthly beta is at 1.65. It has posted earnings per share of -$31.20 in the same period. It has Quick Ratio of 1.33 while making debt-to-equity ratio of 1.16. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SEDG, volatility over the week remained 7.25% while standing at 8.82% over the month.

Stock’s fiscal year EPS is expected to rise by 87.98% while it is estimated to increase by 116.78% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on February 20, 2025 offering an Equal-weight rating for the stock and assigned a target price range of between $11 and $18 to it. Coverage by Northland Capital stated Solaredge Technologies Inc (SEDG) stock as an Under perform in their note to investors on February 20, 2025, suggesting a price target of $15 for the stock. On February 20, 2025, BMO Capital Markets Downgrade their recommendations, while on January 08, 2025, Citigroup Downgrade their ratings for the stock with a price target of $9. Stock get a Buy rating from Goldman on December 17, 2024.

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