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NASDAQ: SEDG
Solaredge Technologies Inc Stock Forecast, Predictions & Price Target

Analyst price target for SEDG

Based on 18 analysts offering 12 month price targets for Solaredge Technologies Inc.
Min Forecast
$210.00-29.88%
Avg Forecast
$326.89+9.15%
Max Forecast
$435.00+45.25%

Should I buy or sell SEDG stock?

Based on 20 analysts offering ratings for Solaredge Technologies Inc.
Strong Buy
Strong Buy
13 analysts 65%
Buy
2 analysts 10%
Hold
3 analysts 15%
Sell
1 analysts 5%
Strong Sell
1 analysts 5%

SEDG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Anonymous
BMO Capital
BuyInitiates Coverage On$357.00+19.20%2021-10-01
Wolfe Research
Top 40%
61
BuyInitiates Coverage OnN/AN/A2021-09-01
Morgan Stanley
Top 6%
95
Strong BuyMaintains$318.00+6.18%2021-08-19
Canaccord Genuity
Top 8%
93
HoldMaintains$280.00-6.51%2021-08-04
Susquehanna
Bottom 6%
6
Strong BuyMaintains$350.00+16.87%2021-08-04
Goldman Sachs
Top 31%
70
Strong BuyMaintains$368.00+22.88%2021-08-03
Johnson Rice
Top 38%
63
BuyUpgrades$325.00+8.52%2021-08-03
Citigroup
Bottom 14%
14
Strong BuyUpgrades$360.00+20.20%2021-08-03
Piper Sandler
Bottom 1%
1
Strong BuyMaintains$351.00+17.20%2021-08-03
JP Morgan
Top 7%
94
Strong BuyMaintains$373.00+24.55%2021-07-21

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Forecast return on equity

Is SEDG forecast to generate an efficient return?
Company
30.84%
Industry
18.12%
Market
18.14%
SEDG's Return on Equity is forecast to be high in 3 years (30.84%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is SEDG forecast to generate an efficient return on assets?
Company
14.17%
Industry
18.11%
SEDG is forecast to generate lower Return on Assets (14.17%) than the US Technology industry average (18.11%)
Forecast

SEDG earnings per share forecast

What is SEDG's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$3.42+29.06%
Avg 2 year Forecast
$5.29+99.62%
Avg 3 year Forecast
$7.61+187.17%
SEDG's earnings are forecast to grow at an exceptional rate of 41.61% per year
Forecast

SEDG revenue forecast

What is SEDG's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$2.0B+24.55%
Avg 2 year Forecast
$2.6B+61.44%
Avg 3 year Forecast
$3.1B+94.41%
SEDG's revenue is forecast to grow at an exceptional rate of 24.96% per year
Forecast

SEDG earnings growth forecast

How is SEDG forecast to perform vs Technology companies and vs the US market?
Company
41.61%
Industry
11.29%
Market
18.51%
SEDG's earnings are forecast to grow faster (41.61% per year) than the US Technology industry average (11.29%)
Forecast
SEDG's earnings are forecast to grow faster (41.61% per year) than the US market average (18.51%)
Forecast
SEDG's earnings are forecast to grow faster (41.61% per year) than the risk-free savings rate (1.6%)
Forecast

SEDG revenue growth forecast

How is SEDG forecast to perform vs Technology companies and vs the US market?
Company
24.96%
Industry
13.48%
Market
11.92%
SEDG's revenues are forecast to grow faster (24.96% per year) than the US Technology industry average (13.48%)
Forecast
SEDG's revenues are forecast to grow faster (24.96% per year) than the US market average (11.92%)
Forecast

Solaredge Technologies Stock Forecast FAQ

Is Solaredge Technologies Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 20 Wall Street analysts covering (NASDAQ: SEDG) stock is to Strong Buy SEDG stock.

Out of 20 analysts, 13 (65%) are recommending SEDG as a Strong Buy, 2 (10%) are recommending SEDG as a Buy, 3 (15%) are recommending SEDG as a Hold, 1 (5%) are recommending SEDG as a Sell, and 1 (5%) are recommending SEDG as a Strong Sell.

What is SEDG's earnings growth forecast for 2021-2023?

(NASDAQ: SEDG) Solaredge Technologies's forecast annual earnings growth rate of 41.61% is forecast to beat the US Technology industry's average forecast earnings growth rate of 11.29%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 18.51%.

Solaredge Technologies's earnings in 2021 is $136,574,000.On average, 5 Wall Street analysts forecast SEDG's earnings for 2021 to be $178,764,344, with the lowest SEDG earnings forecast at $171,446,505, and the highest SEDG earnings forecast at $186,604,885. On average, 6 Wall Street analysts forecast SEDG's earnings for 2022 to be $276,509,760, with the lowest SEDG earnings forecast at $195,490,832, and the highest SEDG earnings forecast at $334,007,064.

In 2023, SEDG is forecast to generate $397,776,800 in earnings, with the lowest earnings forecast at $288,009,221 and the highest earnings forecast at $455,796,807.

What is SEDG's revenue growth forecast for 2021-2023?

(NASDAQ: SEDG) Solaredge Technologies's forecast annual revenue growth rate of 24.96% is forecast to beat the US Technology industry's average forecast revenue growth rate of 13.48%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 11.92%.

Solaredge Technologies's revenue in 2021 is $1,581,748,000.On average, 8 Wall Street analysts forecast SEDG's revenue for 2021 to be $102,973,698,207, with the lowest SEDG revenue forecast at $100,782,319,156, and the highest SEDG revenue forecast at $105,435,941,828. On average, 8 Wall Street analysts forecast SEDG's revenue for 2022 to be $133,473,874,685, with the lowest SEDG revenue forecast at $120,221,634,800, and the highest SEDG revenue forecast at $147,867,383,776.

In 2023, SEDG is forecast to generate $160,732,771,349 in revenue, with the lowest revenue forecast at $141,668,129,043 and the highest revenue forecast at $170,925,370,628.

What is SEDG's forecast return on assets (ROA) for 2021-2024?

(NASDAQ: SEDG) forecast ROA is 14.17%, which is lower than the forecast US Technology industry average of 18.11%.

What is SEDG's Price Target?

According to 18 Wall Street analysts that have issued a 1 year SEDG price target, the average SEDG price target is $326.89, with the highest SEDG stock price forecast at $435.00 and the lowest SEDG stock price forecast at $210.00.

On average, Wall Street analysts predict that Solaredge Technologies's share price could stay at $326.89 by Sep 1, 2022. The average Solaredge Technologies stock price prediction forecasts a potential downside of N/A from the current SEDG share price of $299.49.

What is SEDG's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: SEDG) Solaredge Technologies's current Earnings Per Share (EPS) is $2.65. On average, analysts forecast that SEDG's EPS will be $3.42 for 2021, with the lowest EPS forecast at $3.28, and the highest EPS forecast at $3.57. On average, analysts forecast that SEDG's EPS will be $5.29 for 2022, with the lowest EPS forecast at $3.74, and the highest EPS forecast at $6.39. In 2023, SEDG's EPS is forecast to hit $7.61 (min: $5.51, max: $8.72).

What is SEDG's forecast return on equity (ROE) for 2021-2024?

(NASDAQ: SEDG) forecast ROE is 30.84%, which is considered strong.
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