SolarEdge (SEDG) Stock Forecast, Price Target & Predictions
SEDG Stock Forecast
SolarEdge stock forecast is as follows: an average price target of $239.96 (represents a 354.21% upside from SEDG’s last price of $52.83) and a rating consensus of 'Buy', based on 23 wall street analysts offering a 1-year stock forecast.
SEDG Price Target
The average price target for SolarEdge (SEDG) is $239.96 based on 1-year price targets from 23 Wall Street analysts in the past 3 months, with a price target range of $490.00 to $55.00. This represents a potential 354.21% upside from SEDG's last price of $52.83.
SEDG Analyst Ratings
According to 23 Wall Street analysts, SolarEdge's rating consensus is 'Buy'. The analyst rating breakdown for SEDG stock is 0 'Strong Buy' (0.00%), 12 'Buy' (52.17%), 10 'Hold' (43.48%), 1 'Sell' (4.35%), and 0 'Strong Sell' (0.00%).
SolarEdge Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 15, 2024 | Michael Blum | Wells Fargo | $62.00 | $53.75 | 15.35% | 17.36% |
| May 13, 2024 | Biju Perincheril | Susquehanna | $56.00 | $49.47 | 13.20% | 6.00% |
| May 10, 2024 | Corinne Blanchard | Deutsche Bank | $55.00 | $51.65 | 6.49% | 4.11% |
| May 10, 2024 | Maheep Mandloi | Mizuho Securities | $84.00 | $52.62 | 59.64% | 59.00% |
| May 09, 2024 | Ameet Thakkar | BMO Capital | $56.00 | $53.51 | 4.65% | 6.00% |
| May 09, 2024 | Jordan Levy | Truist Financial | $60.00 | $57.55 | 4.26% | 13.57% |
| May 09, 2024 | Chris Dendrinos | RBC Capital | $71.00 | $57.55 | 23.37% | 34.39% |
| Apr 29, 2024 | Tristan Richardson | Scotiabank | $72.00 | $60.60 | 18.81% | 36.29% |
| Apr 11, 2024 | Christopher Dendrinos | RBC Capital | $74.00 | $70.70 | 4.67% | 40.07% |
| Apr 05, 2024 | Biju Perincheril | Susquehanna | $92.00 | $68.77 | 33.78% | 74.14% |
The latest SolarEdge stock forecast, released on May 15, 2024 by Michael Blum from Wells Fargo, set a price target of $62.00, which represents a 15.35% increase from the stock price at the time of the forecast ($53.75), and a 17.36% increase from SEDG last price ($52.83).
SolarEdge Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 8 | 11 | 15 |
| Avg Price Target | $64.50 | $71.64 | $79.07 |
| Last Closing Price | $52.83 | $52.83 | $52.83 |
| Upside/Downside | 22.09% | 35.60% | 49.67% |
In the current month, the average price target of SolarEdge stock is $64.50, according to 8 Wall Street analysts offering twelve months forecast. The average price target represents a 22.09% increase as opposed to SolarEdge's last price of $52.83. This month's average price target is down -9.97% compared to last quarter, and down -18.43% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 15, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| May 13, 2024 | Raymond James | - | Market Perform | Downgrade |
| May 13, 2024 | Susquehanna | Underperform | Neutral | Downgrade |
| May 10, 2024 | Deutsche Bank | Hold | Hold | Hold |
| May 10, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
| May 09, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| May 09, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| May 09, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Apr 29, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Apr 22, 2024 | Susquehanna | Underperform | Underperform | Hold |
SolarEdge's last stock rating was published by Wells Fargo on May 15, 2024. The company gave SEDG a "Equal-Weight" rating, the same as its previous rate.
SolarEdge Financial Forecast
SolarEdge Revenue Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $943.89M | $890.70M | - | - | $655.08M | $551.91M | $526.40M | $480.06M | $405.49M | $358.11M | $338.10M | $331.85M | $431.22M | $418.22M | $410.56M |
| Avg Forecast | $738.55M | $677.64M | $632.73M | $609.08M | $628.42M | $607.59M | $571.19M | $527.77M | $492.05M | $409.18M | $274.83M | $195.43M | $323.24M | $769.19M | $993.88M | $933.11M | $879.73M | $826.85M | $730.65M | $635.34M | $549.66M | $529.35M | $455.89M | $395.40M | $355.45M | $342.58M | $319.59M | $431.19M | $413.80M | $402.89M |
| High Forecast | $910.20M | $835.14M | $779.78M | $750.64M | $774.47M | $748.81M | $703.94M | $650.43M | $606.41M | $535.32M | $281.23M | $209.65M | $340.44M | $922.93M | $1.22B | $1.15B | $1.08B | $1.02B | $900.47M | $907.85M | $785.42M | $756.41M | $651.44M | $565.00M | $507.91M | $489.52M | $456.67M | $616.14M | $591.29M | $575.71M |
| Low Forecast | $636.76M | $584.25M | $545.52M | $525.14M | $541.81M | $523.85M | $492.47M | $455.03M | $424.24M | $326.98M | $263.80M | $175.55M | $302.92M | $700.71M | $856.90M | $804.51M | $758.49M | $712.89M | $629.96M | $511.39M | $442.42M | $426.08M | $366.95M | $318.26M | $286.10M | $275.74M | $257.24M | $347.07M | $333.07M | $324.29M |
| # Analysts | 10 | 10 | 10 | 10 | 6 | 6 | 6 | 6 | 7 | 15 | 14 | 18 | 14 | 21 | 10 | 10 | 14 | 9 | 9 | 17 | 11 | 10 | 20 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.01% | - | - | 1.03% | 1.00% | 0.99% | 1.05% | 1.03% | 1.01% | 0.99% | 1.04% | 1.00% | 1.01% | 1.02% |
SolarEdge's average Quarter revenue forecast for Jul 23 based on 10 analysts is $993.88M, with a low forecast of $856.90M, and a high forecast of $1.22B. SEDG's average Quarter revenue forecast represents a 5.30% increase compared to the company's last Quarter revenue of $943.89M (Mar 23).
SolarEdge EBITDA Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 10 | 10 | 10 | 6 | 6 | 6 | 6 | 7 | 15 | 14 | 18 | 14 | 21 | 10 | 10 | 14 | 9 | 9 | 17 | 11 | 10 | 20 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $157.62M | $7.20M | - | - | $62.52M | $45.27M | $70.76M | $63.42M | $47.31M | $33.18M | $54.35M | $49.47M | $58.49M | $68.87M | $55.90M |
| Avg Forecast | $78.17M | $71.72M | $66.97M | $64.46M | $66.51M | $64.31M | $60.45M | $55.86M | $52.08M | $43.31M | $29.09M | $73.14M | $72.21M | $88.22M | $73.82M | $66.50M | $65.64M | $80.20M | $67.11M | $60.45M | $59.67M | $72.91M | $61.01M | $47.79M | $28.99M | $31.35M | $32.33M | $72.53M | $46.10M | $53.49M |
| High Forecast | $96.33M | $88.39M | $82.53M | $79.45M | $81.97M | $79.25M | $74.50M | $68.84M | $64.18M | $56.66M | $29.76M | $87.77M | $86.65M | $105.86M | $88.58M | $79.79M | $78.77M | $96.24M | $80.53M | $72.54M | $71.61M | $87.49M | $73.21M | $57.34M | $34.79M | $37.62M | $38.80M | $87.04M | $55.32M | $64.19M |
| Low Forecast | $67.39M | $61.84M | $57.74M | $55.58M | $57.34M | $55.44M | $52.12M | $48.16M | $44.90M | $34.61M | $27.92M | $58.52M | $57.76M | $70.57M | $59.06M | $53.20M | $52.51M | $64.16M | $53.69M | $48.36M | $47.74M | $58.33M | $48.81M | $38.23M | $23.19M | $25.08M | $25.87M | $58.03M | $36.88M | $42.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.37% | 0.11% | - | - | 1.03% | 0.76% | 0.97% | 1.04% | 0.99% | 1.14% | 1.73% | 1.53% | 0.81% | 1.49% | 1.05% |
10 analysts predict SEDG's average Quarter EBITDA for Jul 23 to be $73.82M, with a high of $88.58M and a low of $59.06M. This is -53.16% lower than SolarEdge's previous annual EBITDA (Mar 23) of $157.62M.
SolarEdge Net Income Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 10 | 10 | 10 | 6 | 6 | 6 | 6 | 7 | 15 | 14 | 18 | 14 | 21 | 10 | 10 | 14 | 9 | 9 | 17 | 11 | 10 | 20 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $138.38M | $20.83M | - | - | $33.12M | $40.95M | $53.05M | $45.09M | $30.08M | $17.66M | $43.75M | $36.67M | $42.25M | $52.78M | $41.63M |
| Avg Forecast | $83.46M | $74.61M | $64.23M | $58.54M | $59.94M | $48.95M | $33.05M | $15.78M | $-2.68M | $-39.25M | $-83.47M | $46.50M | $65.32M | $66.13M | $52.49M | $42.27M | $59.38M | $60.12M | $47.72M | $38.43M | $53.98M | $54.66M | $43.38M | $30.38M | $15.42M | $25.24M | $23.97M | $52.39M | $35.33M | $39.83M |
| High Forecast | $108.68M | $97.16M | $83.63M | $76.23M | $78.05M | $63.74M | $43.03M | $20.54M | $-2.20M | $-14.13M | $-54.73M | $55.80M | $78.39M | $79.36M | $62.99M | $50.73M | $71.26M | $72.15M | $57.26M | $46.12M | $64.78M | $65.59M | $52.06M | $36.46M | $18.51M | $30.28M | $28.76M | $62.87M | $42.39M | $47.80M |
| Low Forecast | $68.51M | $61.24M | $52.72M | $48.05M | $49.20M | $40.18M | $27.12M | $12.95M | $-3.49M | $-75.87M | $-108.90M | $37.20M | $52.26M | $52.91M | $41.99M | $33.82M | $47.51M | $48.10M | $38.17M | $30.74M | $43.19M | $43.72M | $34.70M | $24.30M | $12.34M | $20.19M | $19.17M | $41.91M | $28.26M | $31.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.27% | 0.35% | - | - | 0.86% | 0.76% | 0.97% | 1.04% | 0.99% | 1.14% | 1.73% | 1.53% | 0.81% | 1.49% | 1.05% |
SolarEdge's average Quarter net income forecast for Jul 23 is $52.49M, with a range of $41.99M to $62.99M. SEDG's average Quarter net income forecast represents a -62.07% decrease compared to the company's last Quarter net income of $138.38M (Mar 23).
SolarEdge SG&A Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 10 | 10 | 10 | 6 | 6 | 6 | 6 | 7 | 15 | 14 | 18 | 14 | 21 | 10 | 10 | 14 | 9 | 9 | 17 | 11 | 10 | 20 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $77.53M | $72.68M | - | - | $61.74M | $55.13M | $50.48M | $48.83M | $46.76M | $46.91M | $36.85M | $34.90M | $40.44M | $35.43M | $34.24M |
| Avg Forecast | $74.68M | $68.52M | $63.98M | $61.59M | $63.54M | $61.44M | $57.76M | $53.37M | $49.75M | $41.37M | $27.79M | $72.30M | $87.93M | $62.93M | $56.84M | $65.72M | $79.93M | $57.21M | $51.67M | $59.75M | $72.67M | $52.01M | $46.97M | $47.23M | $40.98M | $21.26M | $22.81M | $50.14M | $23.72M | $32.76M |
| High Forecast | $92.03M | $84.45M | $78.85M | $75.90M | $78.31M | $75.72M | $71.18M | $65.77M | $61.32M | $54.13M | $28.44M | $86.76M | $105.51M | $75.52M | $68.21M | $78.87M | $95.92M | $68.65M | $62.01M | $71.70M | $87.20M | $62.41M | $56.37M | $56.68M | $49.18M | $25.51M | $27.37M | $60.17M | $28.46M | $39.32M |
| Low Forecast | $64.39M | $59.08M | $55.16M | $53.10M | $54.78M | $52.97M | $49.80M | $46.01M | $42.90M | $33.06M | $26.67M | $57.84M | $70.34M | $50.35M | $45.47M | $52.58M | $63.95M | $45.77M | $41.34M | $47.80M | $58.13M | $41.61M | $37.58M | $37.79M | $32.79M | $17.01M | $18.25M | $40.11M | $18.97M | $26.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | 0.91% | - | - | 1.03% | 0.76% | 0.97% | 1.04% | 0.99% | 1.14% | 1.73% | 1.53% | 0.81% | 1.49% | 1.05% |
SolarEdge's average Quarter SG&A projection for Jul 23 is $56.84M, based on 10 Wall Street analysts, with a range of $45.47M to $68.21M. The forecast indicates a -26.69% fall compared to SEDG last annual SG&A of $77.53M (Mar 23).
SolarEdge EPS Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 10 | 10 | 10 | 6 | 6 | 6 | 6 | 7 | 15 | 14 | 18 | 14 | 21 | 10 | 10 | 14 | 9 | 9 | 17 | 11 | 10 | 20 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.46 | $0.37 | - | - | $0.62 | $0.78 | $1.01 | $0.86 | $0.58 | $0.34 | $0.87 | $0.74 | $0.85 | $1.08 | $0.86 |
| Avg Forecast | $1.46 | $1.31 | $1.12 | $1.02 | $1.05 | $0.86 | $0.58 | $0.28 | $-0.05 | $-0.69 | $-1.46 | $-1.55 | $-1.34 | $0.85 | $2.53 | $1.94 | $1.54 | $1.47 | $0.88 | $0.90 | $0.86 | $1.02 | $0.89 | $0.80 | $0.66 | $0.61 | $0.53 | $0.85 | $1.05 | $1.00 |
| High Forecast | $1.90 | $1.70 | $1.46 | $1.33 | $1.37 | $1.12 | $0.75 | $0.36 | $-0.04 | $-0.25 | $-0.96 | $-1.25 | $-0.83 | $1.74 | $3.29 | $2.52 | $2.01 | $1.92 | $1.15 | $1.40 | $1.35 | $1.60 | $1.39 | $1.25 | $1.03 | $0.95 | $0.83 | $1.33 | $1.63 | $1.55 |
| Low Forecast | $1.20 | $1.07 | $0.92 | $0.84 | $0.86 | $0.70 | $0.47 | $0.23 | $-0.06 | $-1.33 | $-1.91 | $-1.72 | $-2.45 | $0.09 | $2.07 | $1.59 | $1.27 | $1.21 | $0.73 | $0.67 | $0.64 | $0.76 | $0.66 | $0.60 | $0.49 | $0.46 | $0.40 | $0.64 | $0.78 | $0.74 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.27% | 0.24% | - | - | 0.69% | 0.90% | 0.99% | 0.97% | 0.72% | 0.51% | 1.42% | 1.39% | 1.00% | 1.03% | 0.86% |
According to 10 Wall Street analysts, SolarEdge's projected average Quarter EPS for Jul 23 is $2.53, with a low estimate of $2.07 and a high estimate of $3.29. This represents a 2.69% increase compared to SEDG previous annual EPS of $2.46 (Mar 23).
SolarEdge Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NOVA | Sunnova Energy | $4.36 | $27.66 | 534.40% | Buy |
| SPWR | SunPower | $3.13 | $17.50 | 459.11% | Hold |
| SEDG | SolarEdge | $52.83 | $239.96 | 354.21% | Buy |
| MAXN | Maxeon Solar | $3.30 | $13.00 | 293.94% | Buy |
| RUN | Sunrun | $12.92 | $41.64 | 222.29% | Buy |
| ENPH | Enphase Energy | $121.23 | $223.19 | 84.10% | Buy |
| JKS | JinkoSolar | $28.55 | $38.75 | 35.73% | Hold |
| CSIQ | Canadian Solar | $18.19 | $24.00 | 31.94% | Buy |
| FSLR | First Solar | $251.75 | $188.54 | -25.11% | Buy |
SEDG Forecast FAQ
Is SolarEdge a good buy?
Yes, according to 23 Wall Street analysts, SolarEdge (SEDG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 52.17% of SEDG's total ratings.
What is SEDG's price target?
SolarEdge (SEDG) average price target is $239.96 with a range of $55 to $490, implying a 354.21% from its last price of $52.83. The data is based on 23 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will SolarEdge stock go up soon?
According to Wall Street analysts' prediction for SEDG stock, the company can go up by 354.21% (from the last price of $52.83 to the average price target of $239.96), up by 827.50% based on the highest stock price target, and up by 4.11% based on the lowest stock price target.
Can SolarEdge stock reach $80?
SEDG's average twelve months analyst stock price target of $239.96 supports the claim that SolarEdge can reach $80 in the near future.
What is SolarEdge's current price target trend?
8 Wall Street analysts forecast a $64.5 price target for SolarEdge (SEDG) this month, up 22.09% from its last price of $52.83. Compared to the last 3 and 12 months, the average price target increased by 35.60% and increased by 49.67%, respectively.
What are SolarEdge's analysts' financial forecasts?
SolarEdge's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.33B (high $2.88B, low $2.01B), average EBITDA is $247.13M (high $304.57M, low $213.07M), average net income is $157.71M (high $205.36M, low $129.45M), average SG&A $236.1M (high $290.97M, low $203.56M), and average EPS is $2.76 (high $3.59, low $2.27). SEDG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.66B (high $3.28B, low $2.29B), average EBITDA is $281.32M (high $346.7M, low $242.55M), average net income is $280.84M (high $365.7M, low $230.52M), average SG&A $268.76M (high $331.23M, low $231.72M), and average EPS is $4.91 (high $6.4, low $4.03).
Did the SEDG's actual financial results beat the analysts' financial forecasts?
Based on SolarEdge's last annual report (Dec 2023), the company's revenue was $2.98B, which missed the average analysts forecast of $3.02B by -1.42%. Apple's EBITDA was $120.56M, missing the average prediction of $300.74M by -59.91%. The company's net income was $34.33M, missing the average estimation of $226.22M by -84.82%. Apple's SG&A was $310.82M, beating the average forecast of $273.42M by 13.68%. Lastly, the company's EPS was $0.6, missing the average prediction of $3.97 by -84.90%. In terms of the last quarterly report (Mar 2023), SolarEdge's revenue was $943.89M, beating the average analysts' forecast of $933.11M by 1.16%. The company's EBITDA was $157.62M, beating the average prediction of $66.5M by 137.04%. SolarEdge's net income was $138.38M, beating the average estimation of $42.27M by 227.34%. The company's SG&A was $77.53M, beating the average forecast of $65.72M by 17.97%. Lastly, the company's EPS was $2.46, beating the average prediction of $1.94 by 27.10%