<div id="readability-page-1"><p><span>SolarEdge Technologies (NASDAQ:SEDG - Get Free Report)</span> had its price objective dropped by stock analysts at Citigroup  from $30.00 to $29.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a &#34;sell&#34; rating on the semiconductor company's stock. Citigroup's target price would indicate a potential upside of 1.73% from the stock's current price.</p><div><p><span></span><span>Get <strong>SolarEdge Technologies</strong> alerts:</span></p></div><ul><li>SolarEdge: A Surprising Bright Spot in a Troubled Solar Industry?</li></ul><p>Several other analysts also recently commented on the stock. BMO Capital Markets increased their target price on shares of SolarEdge Technologies from $19.00 to $25.00 and gave the company an &#34;underperform&#34; rating in a report on Thursday, November 6th. Weiss Ratings  reiterated a &#34;sell (d-)&#34; rating on shares of SolarEdge Technologies in a research note on Monday. Wells Fargo &amp; Company boosted their target price on SolarEdge Technologies from $24.00 to $42.00 and gave the stock an &#34;equal weight&#34; rating in a research note on Friday, November 7th. Morgan Stanley raised SolarEdge Technologies from an &#34;underweight&#34; rating to an &#34;equal weight&#34; rating and upped their target price for the company from $27.00 to $33.00 in a report on Tuesday. Finally, Royal Bank Of Canada lifted their price target on SolarEdge Technologies from $25.00 to $34.00 and gave the stock a &#34;sector perform&#34; rating in a report on Thursday, November 6th. Nineteen equities research analysts have rated the stock with a Hold rating and nine have issued  a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of &#34;Reduce&#34; and an average target price of $24.83.</p><p><b>Read Our Latest Stock Report on SolarEdge Technologies</b></p><h2>SolarEdge Technologies Stock Down 1.4%</h2><ul><li>MarketBeat Week in Review – 12/16 - 12/20</li></ul><p>SolarEdge Technologies stock traded down $0.41 during trading on Thursday, hitting $28.51. 2,396,893 shares of the company were exchanged, compared to its average volume of 4,562,895. The company has a market capitalization of $1.70 billion, a P/E ratio of -2.95 and a beta of 1.67. The business's 50 day moving average is $35.57 and its 200 day moving average is $30.56. SolarEdge Technologies has a 52 week low of $11.00 and a 52 week high of $48.60. The company has a current ratio of 2.28, a quick ratio of 1.60 and a debt-to-equity ratio of 0.78. </p><h2>Institutional Investors Weigh In On SolarEdge Technologies</h2><p>A number of institutional investors and hedge funds have recently modified their holdings of SEDG. UBS Group AG raised its position in  SolarEdge Technologies by 234.8% during the third quarter. UBS Group AG now owns 3,554,504 shares of the semiconductor company's stock valued at $131,517,000 after purchasing an additional 2,492,776 shares in the last quarter.  Assenagon Asset Management S.A. boosted its holdings in shares of  SolarEdge Technologies by 612.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,448,643 shares of the semiconductor company's stock worth $53,600,000 after purchasing an additional 1,245,445 shares in the last quarter.  Ion Asset Management Ltd. increased its position in shares of  SolarEdge Technologies by 135.9% during the 1st quarter. Ion Asset Management Ltd. now owns 2,082,497 shares of the semiconductor company's stock valued at $33,695,000 after purchasing an additional 1,199,801 shares during the last quarter.  Menora Mivtachim Holdings LTD. increased its position in shares of  SolarEdge Technologies by 213.4% during the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 1,490,637 shares of the semiconductor company's stock valued at $30,409,000 after purchasing an additional 1,015,017 shares during the last quarter.  Finally, Electron Capital Partners LLC raised its holdings in shares of  SolarEdge Technologies by 107.8% during the 3rd quarter. Electron Capital Partners LLC now owns 1,732,566 shares of the semiconductor company's stock valued at $64,105,000 after buying an additional 898,802 shares in the last quarter. 95.10% of the stock is owned by hedge funds and other institutional investors. </p><h2>SolarEdge Technologies Company Profile</h2> (Get Free Report)<ul><li>SolarEdge Stock Climbs Back: Goldman Sachs Sees 40% Upside</li></ul><p>SolarEdge Technologies, Inc, together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than SolarEdge Technologies</li><li>3 Defense Stocks Set to Benefit From Increased Military Spending</li><li>Forget the Chips: 4 Industrial Plays for the AI Rebound</li><li>Energy and Oil Stocks Explained</li><li>MongoDB Could Hit Record Highs—But You’ll Need to Move Fast</li><li>What Are the FAANG Stocks and Are They Good Investments?</li><li>Dollar General's Turnaround Could Send the Stock Higher in 2026</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0VERw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0VERw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in SolarEdge Technologies Right Now?</h2><p>Before you consider SolarEdge Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SolarEdge Technologies wasn't on the list.</p><p>While SolarEdge Technologies currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SEDG

<p>Citigroup lowered its price target for SolarEdge Technologies from $30.00 to $29.00, maintaining a "sell" rating. The stock has a consensus "Reduce" rating with an average target price of $24.83. Institutional investors have significantly increased their holdings in the company. SolarEdge Technologies designs and sells DC optimized inverter systems for solar PV installations globally.</p>

SolarEdge Technologies (NASDAQ:SEDG) Price Target Lowered to $29.00 at Citigroup