SolarEdge Technologies (SEDG) closes down significantly, analysts predict a sharp drop in upcoming earnings.

From Nasdaq: 2025-01-10 18:15:24

SolarEdge Technologies (SEDG) closed at $14.71, down 1.87% from the prior day, trailing the S&P 500’s 1.54% loss. Prior to this, SEDG shares gained 12.88% in the past month, outperforming the Oils-Energy sector’s 11.05% loss. Analysts predict an EPS of -$1.75 for SEDG’s upcoming earnings report, a 90.22% drop from last year.

Recent changes in analyst estimates for SolarEdge Technologies reflect evolving business trends and profitability. Positive estimate revisions often indicate analyst optimism about the company’s performance. Zacks Rank, a model that considers estimate changes, gives SEDG a ranking of #3 (Hold). The Solar industry is part of the bottom 44% of industries in the Oils-Energy sector.

Zacks Industry Rank assesses industry group strength based on individual stock rankings. Top 50% rated industries outperform the lower half 2 to 1. Keep track of stock-moving metrics on Zacks.com. Interested investors can access all Zacks’ picks for $1, offering insights into various portfolio services like Surprise Trader and Stocks Under $10, which closed with double- and triple-digit gains in 2023.

For more information and to access Zacks’ stock recommendations, visit the links provided in the article. The views expressed are solely those of the author and do not represent Nasdaq, Inc.



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