SolarEdge Technologies (SEDG)
(Real Time Quote from BATS)
$25.74 USD
+0.05 (0.20%)
Updated Aug 28, 2024 10:20 AM ET
3-Hold of 5 3
C Value F Growth C Momentum F VGM
Company Summary
Based in Herzliya Pituach, Israel, SolarEdge Technologies, incorporated in 2006, is a leading provider of an optimized inverter solution, which consists of inverters, power optimizers, a communication device that enables access to a cloud-based monitoring platform and in many cases, additional smart energy management solutions. Apart from these, the company’s core solar product portfolio includes energy storage solution. SolarEdge has operations in countries like China, Vietnam, India, Mexico, Australia, in addition to Israel, Europe, Korea and the United States.
Since beginning commercial shipments in 2010, SolarEdge Technologies has shipped approximately 52.6 gigawatts (...
Company Summary
Based in Herzliya Pituach, Israel, SolarEdge Technologies, incorporated in 2006, is a leading provider of an optimized inverter solution, which consists of inverters, power optimizers, a communication device that enables access to a cloud-based monitoring platform and in many cases, additional smart energy management solutions. Apart from these, the company’s core solar product portfolio includes energy storage solution. SolarEdge has operations in countries like China, Vietnam, India, Mexico, Australia, in addition to Israel, Europe, Korea and the United States.
Since beginning commercial shipments in 2010, SolarEdge Technologies has shipped approximately 52.6 gigawatts (GW) of its direct-current (DC) optimized inverter systems. So far, its products have been installed in solar PV systems in more than 140 countries. SolarEdge has a strong presence in the solar markets of the United States, Germany, Italy, the Netherlands and Austria. As of Dec 31, 2023, 65,000 installers around the world installed SolarEdge solar PV systems.
In October 2023, SolarEdge decided to discontinue its light commercial vehicle e-Mobility (LCV) activity. The remaining e-mobility activity, which includes PV applications, will be incorporated under the solar segment starting, Jan 1, 2024. The company currently operates through two reportable segments — Solar and Energy Storage.
The Solar segment includes the design, development, manufacturing and sales of its DC optimized inverter solutions designed to maximize power generation at the PV module level and batteries for PV applications. The Solar segment solution primarily consists of the company’s power optimizers, inverters, batteries and cloud based monitoring platform. In 2023, the Solar segment recorded revenues worth $2.82 billion, which represented 94.6% of the company’s total revenues.
The Energy Storage segment includes the design, development, manufacturing, and sales of high-energy, high-power, lithium-ion cells and BESS solutions for C&I and Utility markets. In 2023, the company recorded revenues worth $0.84 billion, which represented 2.8% of the company’s total revenues.
General Information
SolarEdge Technologies, Inc
1 HAMADA STREET
HERZILIYA PITUACH, L3 4673335
Phone: 972-9957-6620
Fax: 972-9957-6591
Email: investors@solaredge.com
Industry | Solar |
Sector | Oils-Energy |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/6/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | -1.53 |
Current Year EPS Consensus Estimate | -5.97 |
Estimated Long-Term EPS Growth Rate | 2.40 |
Exp Earnings Date | 11/6/2024 |
Price and Volume Information
Zacks Rank | ![]() |
Yesterday's Close | 26.13 |
52 Week High | 167.87 |
52 Week Low | 19.81 |
Beta | 1.52 |
20 Day Moving Average | 3,868,048.00 |
Target Price Consensus | 39.28 |
4 Week | -4.89 |
12 Week | -45.77 |
YTD | -72.55 |
4 Week | -8.09 |
12 Week | -48.99 |
YTD | -76.73 |
Shares Outstanding (millions) | 57.30 |
Market Capitalization (millions) | 1,472.02 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | NA |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | NA |
Trailing 12 Months | NA |
PEG Ratio | NA |
vs. Previous Year | -219.42% |
vs. Previous Quarter | -1.65% |
vs. Previous Year | -73.23% |
vs. Previous Quarter | 29.85% |
Price/Book | 0.70 |
Price/Cash Flow | 6.85 |
Price / Sales | 0.97 |
6/30/24 | -18.00 |
3/31/24 | -6.43 |
12/31/23 | 5.00 |
6/30/24 | -9.59 |
3/31/24 | -3.43 |
12/31/23 | 2.65 |
6/30/24 | 5.10 |
3/31/24 | 4.54 |
12/31/23 | 3.70 |
6/30/24 | 2.45 |
3/31/24 | 2.19 |
12/31/23 | 2.08 |
6/30/24 | -27.54 |
3/31/24 | -6.94 |
12/31/23 | 4.10 |
6/30/24 | -33.86 |
3/31/24 | -11.68 |
12/31/23 | 1.15 |
6/30/24 | -37.30 |
3/31/24 | -11.95 |
12/31/23 | 2.72 |
6/30/24 | 36.76 |
3/31/24 | 39.10 |
12/31/23 | 42.46 |
6/30/24 | 1.03 |
3/31/24 | 1.44 |
12/31/23 | 2.03 |
6/30/24 | 0.32 |
3/31/24 | 0.30 |
12/31/23 | 0.28 |
6/30/24 | 24.35 |
3/31/24 | 22.99 |
12/31/23 | 21.72 |