SEDG Stock Recent News

The residential solar market is still very, very weak, but SolarEdge is poised to boom when it recovers.

SolarEdge (SEDG) got a 9% bump to the upside in Monday's trading, while the solar energy technology company's stock has fallen by 70% year to date in 2024. Bank of America Securities upgraded the stock from Underperform to Neutral and slashed its price target from $44 to $29 per share.

SolarEdge Technologies (SEDG) shares surged in intraday trading Monday following an upgrade from Bank of America, which argued the solar power equipment maker will post a profit next year and said its stock is undervalued.

Shares of SolarEdge Technologies Inc SEDG spiked in early trading on Monday, after plummeting over the past month on the company's announcement of a $300 million private offering.

Analysts' sentiment has Workday NASDAQ: WDAY  and SolarEdge NASDAQ: SEDG down, but the takeaways differ for each. On the one hand, a struggling business continues to lose money while its competitors fare better.

MILPITAS, Calif.--(BUSINESS WIRE)--Rutgers University Selects SolarEdge for its Agrivoltaics Research and to assist the development of the New Jersey Dual-Use Solar Energy Pilot Program.

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (Nasdaq: SEDG) (“SolarEdge”) today announced the pricing of $300 million aggregate principal amount of 2.25% Convertible Senior Notes due 2029 (the “Notes”) in a private offering (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the Offering, SolarEdge has granted the initial purchasers of.

SolarEdge (SEDG) shares fall to a 52-week low after a customer PM&M Electric filed for Bankruptcy. George Tsilis discusses this as JPMorgan cuts the stock's price target.

SolarEdge Technologies shares plunged almost 20% after the energy company warned it may incur an $11.4 million loss after one of its major customers filed for bankruptcy. The company wrote in a Securities and Exchange Commission (SEC) filing that it is monitoring the bankruptcy of Arizona-based solar panel installer PM&M, but that it “cannot guarantee the outcome of the proceedings and may fail to collect the amounts due to the company or collect such amounts only after significant delay.

SolarEdge (NASDAQ: SEDG ) stock is taking a beating on Tuesday after the company announced that one of its customers has filed for bankruptcy. According to a filing with the Securities and Exchange Commission (SEC), SolarEdge customer PM&M Electric, Inc. has filed for Chapter 7 bankruptcy.