SolarEdge Announces Fourth Quarter and Full Year 2020 Financial Results

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SolarEdge Technologies (SEDG) PT Raised to $210 at Northland Capital Markets

February 17, 2021 6:48 AM EST

Northland Capital Markets analyst Gus Richard raised the price target on SolarEdge Technologies (NASDAQ: SEDG) to $210.00 (from $195.00) while maintaining a Underperform rating.

The analyst comments "SEDG missed our non-GAAP GM and OM estimates. Non-GAAP earnings upside was driven by intercompany loan GAAP to... More

SolarEdge Technologies (SEDG) Tops Q4 EPS by 12c, Revenues Beat; Offers 1Q Revenue Guidance Above Consensus

February 16, 2021 4:10 PM EST

SolarEdge Technologies (NASDAQ: SEDG) reported Q4 EPS of $0.98, $0.12 better than the analyst estimate of $0.86. Revenue for the quarter came in at $358.1 million versus the consensus estimate of $356.25 million.

GUIDANCE:

SolarEdge Technologies sees Q1 2021 revenue of $385-405 million, versus the consensus of $377.91 million.

Fourth Quarter 2020 Highlights

Revenues of $358.1 millionRevenues from solar products of $327.1 millionGAAP gross margin of... More