Solaredge Technologies Inc [NASDAQ: SEDG] price plunged by -1.69 percent to reach at -$0.25.
The one-year SEDG stock forecast points to a potential downside of -8.16. The average equity rating for SEDG stock is currently 3.09, trading closer to a bullish pattern in the stock market.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Guru’s Opinion on Solaredge Technologies Inc [SEDG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SEDG shares is $13.48 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SEDG stock is a recommendation set at 3.09. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Solaredge Technologies Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 17, 2024. The new note on the price target was released on November 20, 2024, representing the official price target for Solaredge Technologies Inc stock. Previously, the target price had yet another drop from $23 to $9, while Morgan Stanley kept a Underweight rating on SEDG stock. On November 07, 2024, analysts decreased their price target for SEDG shares from 16 to 11.
The Average True Range (ATR) for Solaredge Technologies Inc is set at 1.50, with the Price to Sales ratio for SEDG stock in the period of the last 12 months amounting to 0.81. The Price to Book ratio for the last quarter was 0.87, with the Price to Cash per share for the same quarter was set at 11.71.
SEDG Stock Performance Analysis:
Solaredge Technologies Inc [SEDG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.35. With this latest performance, SEDG shares gained by 5.88% in over the last four-week period, additionally sinking by -42.30% over the last 6 months – not to mention a drop of -84.96% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SEDG stock in for the last two-week period is set at 52.16, with the RSI for the last a single of trading hit 54.68, and the three-weeks RSI is set at 49.83 for Solaredge Technologies Inc [SEDG]. The present Moving Average for the last 50 days of trading for this stock 14.55, while it was recorded at 14.43 for the last single week of trading, and 32.79 for the last 200 days.
Insight into Solaredge Technologies Inc Fundamentals:
Solaredge Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.46 and a Current Ratio set at 2.34.
Solaredge Technologies Inc [SEDG] Institutonal Ownership Details
There are presently around $104.29%, or 106.24%% of SEDG stock, in the hands of institutional investors. The top three institutional holders of SEDG stocks are: BLACKROCK INC. with ownership of 7.92 million shares, which is approximately 13.857%. GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC, holding 3.34 million shares of the stock with an approximate value of $$84.33 million in SEDG stocks shares; and GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC, currently with $$69.39 million in SEDG stock with ownership which is approximately 4.8078%.
