SolarEdge Announces First Quarter 2018 Financial Results

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Cowen Remains Bullish on SolarEdge Technologies (SEDG) Following 1Q

May 10, 2018 7:43 AM EDT

Cowen reiterated an Outperform rating and $59.00 price target on SolarEdge Technologies (NASDAQ: SEDG) following the company's 1Q earnings report. SolarEdge reported revenue of $209.9mn, which was at the high end of guidance of $200mn to $210mn, compared to consensus estimates of $204.8mn. EPS came in at... More

SolarEdge Technologies (SEDG) PT Raised to $67 at Needham & Company Following Solid 1Q

May 10, 2018 7:19 AM EDT

Needham & Company raised its price target on SolarEdge Technologies (NASDAQ: SEDG) to $67.00 (from $55.00) while maintaining a Buy rating following the company's 1Q earnings release. Revenue of $209.9MM beat the Street's $204.4MM, driven by 32% QoQ growth outside of the U.S. MW... More

SolarEdge Technologies (SEDG) PT Raised to $66 at JPMorgan Following 1Q

May 10, 2018 7:15 AM EDT

JPMorgan raised its price target on SolarEdge Technologies (NASDAQ: SEDG) to $66.00 (from $62.00) while maintaining a Overweight rating following the company's 1Q earnings report. SEDG reported record 1Q PF EPS of $0.87 on record revenue of $210mm, aligning with the high-end of the guidance range and ahead of... More

SolarEdge Technologies (SEDG) Tops Q1 EPS by 7c; Guides Q2 Revs Above the Street

May 9, 2018 4:18 PM EDT

SolarEdge Technologies (NASDAQ: SEDG) reported Q1 EPS of $0.87, $0.07 better than the analyst estimate of $0.80. Revenue for the quarter came in at $209.9 million versus the consensus estimate of $204.81 million.

GUIDANCE:

SolarEdge Technologies sees Q2 2018 revenue of $220-230 million, versus the consensus of... More