SolarEdge Announces Third Quarter 2022 Financial Results

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Go back to SolarEdge Announces Third Quarter 2022 Financial Results

SolarEdge Technologies (SEDG) PT Lowered to $370 at Needham & Company

November 8, 2022 7:06 AM EST

Needham & Company analyst James Ricchiuti lowered the price target on SolarEdge Technologies (NASDAQ: SEDG) to $370.00 (from $380.00) while maintaining a Buy rating.

The analyst commented, "SEDG reported a mixed 3Q22 with a beat on revenues but a large EPS miss primarily due to higher... More

SolarEdge Technologies (SEDG) Misses Q3 EPS, Revenues Beats

November 7, 2022 4:03 PM EST

SolarEdge Technologies (NASDAQ: SEDG) reported Q3 EPS of $0.91, $0.56 worse than the analyst estimate of $1.47. Revenue for the quarter came in at $836.7 million versus the consensus estimate of $826.36 million.

GUIDANCE:

SolarEdge Technologies sees Q4 2022 revenue of $855-885 million, versus the consensus of... More