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SEDG Solaredge Technologies News Story

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Solaredge Technologies Inc reports results for the quarter ended June 30 - Earnings Summary

Solaredge Technologies Inc SEDG.OQ reported a quarterly adjusted loss of 81 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-1.79.  The mean expectation of twenty six analysts for the quarter was for a loss of 86 cents per share. Wall Street expected results to range from $-1.11 to -53 cents per share.

Revenue rose 9.1% to $289.43 million from a year ago; analysts expected $273.92 million.

Solaredge Technologies Inc's reported EPS for the quarter was a loss of $2.13​.

The company reported a quarterly loss of $124.74 million.

Solaredge Technologies Inc shares had risen by 26.4% this quarter and gained 89.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2.1% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 22 "hold" and 9 "sell" or "strong sell." The average consensus recommendation for the renewable energy equipment & services peer group is  "buy."

Wall Street's median 12-month price target for Solaredge Technologies Inc is $18.00, about 43.3% below its last closing price of $25.79

This summary was machine generated from LSEG data August 7 at 05:10 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 2025-0.86-0.81Beat
Mar. 31 2025-1.16-1.14Beat
Dec. 31 2024-1.65-3.52Missed
Sep. 30 2024-1.63-15.33Missed

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