SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power lives aof people and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, UPS, electric vehicle powertrains, and grid services solutions.
Company profile
Ticker
SEDG
Exchange
Website
CEO
Zvi Lando
Employees
Location
Fiscal year end
Industry (SIC)
Former names
SolarEdge Technologies Inc
SEC CIK
Corporate docs
Subsidiaries
SolarEdge Technologies Ltd. • SolarEdge Manufacturing Ltd. • SolarEdge Technologies GmbH • SOLAREDGE TECHNOLOGIES (CHINA) CO., LTD • SolarEdge Technologies (Australia) PTY LTD • SolarEdge Technologies (Canada) Ltd. • SolarEdge Technologies (Holland) B.V. • SolarEdge Technologies (Japan) Co., Ltd. • SolarEdge Technologies (France) SARL. • SolarEdge Technologies (UK) Ltd. ...
SEDG stock data
Analyst ratings and price targets
Current price
Average target
$365.56
Low target
$325.00
High target
$392.00
Barclays
Maintains
$392.00
Deutsche Bank
Maintains
$345.00
Morgan Stanley
Maintains
$374.00
Wells Fargo
Maintains
$367.00
Daiwa Capital
Initiated
$325.00
Piper Sandler
Maintains
$390.00
B of A Securities
Upgraded
$367.00
Cowen & Co.
Maintains
$360.00
Needham
Maintains
$370.00
Latest filings (excl ownership)
8-K
Amendments to Articles of Incorporation or Bylaws
1 Dec 22
10-Q
2022 Q3
Quarterly report
8 Nov 22
8-K
SolarEdge Announces Third Quarter 2022 Financial Results
7 Nov 22
10-Q
2022 Q2
Quarterly report
4 Aug 22
8-K
SolarEdge Announces Second Quarter 2022 Financial Results
2 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
23 Jun 22
DEFA14A
Additional proxy soliciting materials
9 Jun 22
SD
Conflict minerals disclosure
31 May 22
10-Q
2022 Q1
Quarterly report
4 May 22
8-K
SolarEdge Announces First Quarter 2022 Financial Results
2 May 22
Transcripts
SEDG
Earnings call transcript
2022 Q3
8 Nov 22
SEDG
Earnings call transcript
2022 Q2
3 Aug 22
SEDG
Earnings call transcript
2022 Q1
2 May 22
SEDG
Earnings call transcript
2021 Q4
15 Feb 22
SEDG
Earnings call transcript
2021 Q3
3 Nov 21
SEDG
Earnings call transcript
2021 Q2
3 Aug 21
SEDG
Earnings call transcript
2021 Q1
4 May 21
SEDG
Earnings call transcript
2020 Q4
17 Feb 21
SEDG
Earnings call transcript
2020 Q3
2 Nov 20
SEDG
Earnings call transcript
2020 Q3
2 Nov 20
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
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| Operating income | |||||
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| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 678.33 mm | 678.33 mm | 678.33 mm | 678.33 mm | 678.33 mm | 678.33 mm |
| Cash burn (monthly) | 22.40 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 94.22 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 584.11 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 26.1 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
79.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 615 |
| Opened positions | 613 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 1 |
| 13F shares | Current |
|---|---|
| Total value | 23.63 bn |
| Total shares | 44.55 mm |
| Total puts | 2.10 mm |
| Total calls | 1.88 mm |
| Total put/call ratio | 1.1 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 5.57 mm | $1.29 bn |
| Vanguard | 2.24 mm | $519.19 mm |
| NN | 2.00 mm | $189.83 mm |
| FMR | 1.98 mm | $458.61 mm |
| JPM JPMorgan Chase & Co. | 1.58 mm | $366.45 mm |
| Pictet Asset Management | 1.53 mm | $354.84 mm |
| IVZ Invesco | 1.39 mm | $322.27 mm |
| Schroder Investment Management | 1.22 mm | $282.15 mm |
| William Blair Investment Management | 970.92 k | $224.73 mm |
| Geode Capital Management | 941.06 k | $217.52 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 Jan 23 | Meir Adest | Common Stock | Sell | Dispose S | No | Yes | 319.02 | 500 | 159.51 k | 140,485 |
| 17 Jan 23 | Meir Adest | Common Stock | Sell | Dispose S | No | Yes | 317.74 | 1,322 | 420.05 k | 140,985 |
| 17 Jan 23 | Meir Adest | Common Stock | Sell | Dispose S | No | Yes | 316.84 | 600 | 190.10 k | 142,307 |
| 17 Jan 23 | Meir Adest | Common Stock | Sell | Dispose S | No | Yes | 315.21 | 1,200 | 378.25 k | 142,907 |
| 17 Jan 23 | Meir Adest | Common Stock | Sell | Dispose S | No | Yes | 313.8 | 778 | 244.14 k | 144,107 |
| 17 Jan 23 | Meir Adest | Common Stock | Sell | Dispose S | No | Yes | 312.93 | 600 | 187.76 k | 144,885 |
| 13 Jan 23 | Zafrir Nadiv | Common Stock | Grant | Acquire A | No | No | 0 | 378 | 0.00 | 6,074 |
| 5 Jan 23 | Prishkolnik Rachel | Common Stock | Grant | Acquire A | No | No | 0 | 988 | 0.00 | 12,838 |
| 5 Jan 23 | Uri Bechor | Common Stock | Grant | Acquire A | No | No | 0 | 1,318 | 0.00 | 24,577 |
| 5 Jan 23 | Meir Adest | Common Stock | Grant | Acquire A | No | No | 0 | 758 | 0.00 | 153,710 |
News
Where SolarEdge Technologies Stands With Analysts
1 Feb 23
Barclays Maintains Overweight on SolarEdge Technologies, Lowers Price Target to $392
1 Feb 23
SolarEdge's Technology First To Meet South Australia's New Dynamic Export Regulations
23 Jan 23
Moderna, Kellogg And 2 Other Stocks Insiders Are Selling
23 Jan 23
Why Jupiter Wellness Shares Are Trading Lower By Around 40%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
19 Jan 23
Press releases
SolarEdge to Announce Financial Results for the Fourth Quarter and Year Ended December 31, 2022 on Monday, February 13, 2023
23 Jan 23
SolarEdge's Technology First to Meet South Australia's New Dynamic Export Regulations
23 Jan 23
SolarEdge Begins Shipment of New Battery Cell Line for Stationary Energy Storage Applications
17 Jan 23
SolarEdge and Sunnova Expand Partnership to Include SolarEdge Home Battery in Sunnova's Energy as a Service Portfolio
10 Jan 23
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SolarEdge Technologies, Inc. - SEDG
7 Jan 23