Currently, there are 58.29M common shares owned by the public and among those 57.61M shares have been available to trade.
The company’s stock has a 5-day price change of 26.30% and 35.75% over the past three months. SEDG shares are trading 33.46% year to date (YTD), with the 12-month market performance down to -65.54% lower. It has a 12-month low price of $10.24 and touched a high of $56.52 over the same period. SEDG has an average intraday trading volume of 4.43 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 29.61%, 21.17%, and 6.44% respectively.
Institutional ownership of Solaredge Technologies Inc (NASDAQ: SEDG) shares accounts for 98.70% of the company’s 58.29M shares outstanding.
It has a market capitalization of $1.07B and a beta (3y monthly) value of 1.59. The earnings-per-share (ttm) stands at -$30.14. Price movements for the stock have been influenced by the stock’s volatility, which stands at 13.91% over the week and 9.10% over the month.
Earnings per share for the fiscal year are expected to increase by 86.03%, and 91.89% over the next financial year.
Looking at the support for the SEDG, a number of firms have released research notes about the stock. Northland Capital stated their Market Perform rating for the stock in a research note on April 25, 2025, with the firm’s price target at $12.50. Morgan Stanley coverage for the Solaredge Technologies Inc (SEDG) stock in a research note released on April 23, 2025 offered a Underweight rating with a price target of $10. Guggenheim was of a view on April 23, 2025 that the stock is Sell, while Morgan Stanley gave the stock Equal-Weight rating on February 20, 2025, issuing a price target of $11- $18. Northland Capital on their part issued Under Perform rating on February 20, 2025.
