Currently, there are 58.29M common shares owned by the public and among those 57.58M shares have been available to trade.
The company’s stock has a 5-day price change of 15.57% and 30.40% over the past three months. SEDG shares are trading 53.90% year to date (YTD), with the 12-month market performance down to -56.68% lower. It has a 12-month low price of $10.24 and touched a high of $49.57 over the same period. SEDG has an average intraday trading volume of 4.17 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 13.53%, 32.67%, and 27.40% respectively.
Institutional ownership of Solaredge Technologies Inc (NASDAQ: SEDG) shares accounts for 98.51% of the company’s 58.29M shares outstanding.
It has a market capitalization of $1.24B 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 4.46% over the week and 8.99% over the month.
Earnings per share for the fiscal year are expected to increase by 85.60%, and 85.80% 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 May 23, 2025, with the firm’s price target at $15.50. Northland Capital coverage for the Solaredge Technologies Inc (SEDG) stock in a research note released on May 16, 2025 offered a Under Perform rating with a price target of $15.50. Northland Capital was of a view on April 25, 2025 that the stock is Market Perform, while Morgan Stanley gave the stock Underweight rating on April 23, 2025, issuing a price target of $10. Guggenheim on their part issued Sell rating on April 23, 2025.
