Analyst Expectations For SolarEdge Technologies's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed evaluations for SolarEdge Technologies (NASDAQ:SEDG) over the past three months, with a notable downward trend in price targets. The average 12-month price target has decreased by 13.82% to $69.4. Analysts have predominantly lowered their ratings and price targets, reflecting concerns over the company's financial performance, including a significant revenue decline and below-average profitability metrics.
June 07, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
SolarEdge Technologies has received mixed analyst ratings over the past three months, with a significant downward trend in price targets. The average 12-month price target is now $69.4, down 13.82% from the previous average. Analysts have predominantly lowered their ratings and price targets, reflecting concerns over the company's financial performance, including a significant revenue decline and below-average profitability metrics.
The majority of analysts have lowered their ratings and price targets for SolarEdge Technologies, indicating a bearish outlook. The company's financial performance, including a significant revenue decline and below-average profitability metrics, has contributed to this negative sentiment. The average 12-month price target has decreased by 13.82%, reflecting reduced expectations for the stock's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100