Latest news with #SolarEdge
CNBC
a day ago
- Business
- CNBC
Stocks making the biggest moves premarket: Kenvue, Rivian, Affirm, SolarEdge Technologies and more
Check out the companies making headlines in premarket trading. Kenvue — The Neutrogena-maker jumped 4.5% after the company said its CEO Thibaut Mongon has stepped down . Kenvue said its board is conducting a strategic review of the company and is considering a range of possible alternatives, such as simplifying the company's portfolio. nCino — The financial technology provider gained nearly 5% following an upgrade to outperform at Baird , with analyst Joe Vruwink citing an upbeat outlook from company management highlighting a potential boon from recent initiatives. Rivian Automotive — The electric vehicle company pulled back 1.3%. Guggenheim downgraded Rivian to neutral from buy in a Monday note, with analyst Ronald Jewsikow pointing to the likelihood of softer long-term sales of its R2 and R3 vehicles. SolarEdge Technologies — Shares rose nearly 2% after Barclays upgraded SolarEdge to equal weight from underweight. The bank said that despite the anticipation that the overall market will shrink in 2026, SolarEdge is poised to grow both this year and next. Bitcoin miners — Bitcoin mining stocks all advanced early Monday after the largest cryptocurrency by market capitalization reached an all-time high above $120,000. Shares of Riot Platforms , CleanSpark and MARA Holdings all rose 3% or more. Synopsys , ANSYS — Shares of semiconductor design company Synopsys added roughly 4% after Chinese regulators conditionally approved its purchase of ANSYS for $35 billion. ANSYS surged 6%. Affirm — Shares fell 2.5% after BTIG downgraded the buy-now-pay-later company to neutral from buy, saying that a loosening of underwriting from prime lenders such as Capital One and Synchrony will hurt fintechs such as Affirm. Fastenal — Shares gained 3% after second-quarter earnings surpassed analyst estimates. The industrial supply company earned 29 cents per share, while analysts polled by FactSet were looking for 28 cents. — CNBC's Michelle Fox, Sean Conlon and Sarah Min contributed reporting.
Yahoo
5 days ago
- Business
- Yahoo
SolarEdge Technologies (SEDG) Outperforms Broader Market: What You Need to Know
SolarEdge Technologies (SEDG) ended the recent trading session at $27.57, demonstrating a +1.77% change from the preceding day's closing price. This change outpaced the S&P 500's 0.28% gain on the day. Meanwhile, the Dow gained 0.43%, and the Nasdaq, a tech-heavy index, added 0.09%. Prior to today's trading, shares of the photovoltaic products maker had gained 30.05% outpaced the Oils-Energy sector's gain of 4.96% and the S&P 500's gain of 4.37%. Investors will be eagerly watching for the performance of SolarEdge Technologies in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of -$0.81, marking a 54.75% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $274.47 million, up 3.42% from the year-ago period. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$3.25 per share and revenue of $1.09 billion, indicating changes of +85.86% and +17.55%, respectively, compared to the previous year. Investors should also pay attention to any latest changes in analyst estimates for SolarEdge Technologies. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.07% higher. SolarEdge Technologies is currently sporting a Zacks Rank of #2 (Buy). The Solar industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 51, placing it within the top 21% of over 250 industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SolarEdge Technologies, Inc. (SEDG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-07-2025
- Business
- Yahoo
SolarEdge Technologies (SEDG) Gained Over 37% This Week. Here is Why.
The share price of SolarEdge Technologies, Inc. (NASDAQ:SEDG) surged by 37.22% between June 26 and July 3, 2025, putting it among the Energy Stocks that Gained the Most This Week. A technician installing a communication device in a large solar energy system. SolarEdge Technologies, Inc. (NASDAQ:SEDG) is a global leader in smart energy technology. The company produces current optimized inverter systems for solar photovoltaic installations in the United States, Germany, the Netherlands, Italy, the rest of Europe, and internationally. SolarEdge Technologies, Inc. (NASDAQ:SEDG) was among the solar energy stocks that soared this week after the final approved version of President Trump's sweeping tax and spending bill turned out to be more generous for the industry than initially expected. Though the legislation still intends to phase out the sector's tax credits earlier than expected, the phase-down is more gradual compared to the earlier drafts. The final bill also did not include the controversial solar excise tax that had been included earlier, somewhat easing concerns for the industry. Moreover, SolarEdge Technologies, Inc. (NASDAQ:SEDG) recently announced that it has commenced full production and shipment of its Home Battery at a new factory in Salt Lake City, meaning that the company is now manufacturing its full residential offering — inverter, power optimizer, and battery — in the United States. While we acknowledge the potential of SEDG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None.
South Wales Guardian
05-07-2025
- Business
- South Wales Guardian
Barn conversion and paddocks in Pontyberem up for sale
Listed by Quicklister, the property on Capel Seion Road is described as an ideal home for multi-generational living or homeworking. This spacious four-bedroom home, located in the outskirts of the village, offers a wealth of original character features. The property, a former barn, has been sympathetically decorated to retain its rustic charm while offering modern comforts. A standout feature is the property's private drive entrance, which is owned by the property. The living room (Image: Quicklister) The house also boasts a large garden with a feature fish pond and land split into two large paddocks. The house comes with a range of outbuildings, which could be converted, subject to planning permission. According to the listing, the property also has 'luxurious bedroom space and high quality bathrooms.' The kitchen and dining area overlook the garden, providing a picturesque view. The property is equipped with 18 Solar Edge 415W Solar panels, a Samsung 12KW air source heat pump, a complete internal wall insulation system, and a brand new central heating system, making it an energy-efficient home. The kitchen (Image: Quicklister) The ground floor of the property features a reception hallway, a versatile sitting room, a cosy living room with a feature log burner, and a modern kitchen and dining room. The utility room is well-equipped, and the principal bedroom suite is accessed via an internal hallway. The first floor houses three double bedrooms, a galleried landing, and a shower room. The front garden is well-maintained, with mature trees and planting leading to the front entrance. The rear garden is a 'stunning' outdoor space, featuring an extended patio area, a central fishpond, and side patio areas adjacent to the master bedroom for outdoor seating. The property also includes a private tarmacadam driveway, which winds through the holding, offering ample parking for four or more vehicles. The outbuildings include a large space with potential for conversion into an annexe, holiday cottage, or office, a separate storage room with an adjoining external log store, a former stable block now converted into a dog grooming salon, and stables divided by a concrete wall. The listing describes the land as divided into two well-maintained paddocks, accessible via the main driveway and enclosed by fencing and mature hedgerows. The property is a 20-minute equi-distant drive to Llanelli and Carmarthen, offering good local amenities and services.
Yahoo
28-06-2025
- Business
- Yahoo
SolarEdge Technologies (SEDG) Gained Over 18% This Week. Here is Why.
The share price of SolarEdge Technologies, Inc. (NASDAQ:SEDG) surged by 18.17% between June 18 and June 26, 2025, putting it among the Energy Stocks that Gained the Most This Week. A technician installing a communication device in a large solar energy system. SolarEdge Technologies, Inc. (NASDAQ:SEDG) is a global leader in smart energy technology. The company produces current optimized inverter systems for solar photovoltaic installations in the United States, Germany, the Netherlands, Italy, the rest of Europe, and internationally. SolarEdge Technologies, Inc. (NASDAQ:SEDG) gained this week following reports that Congress may not cut federal tax incentives for residential rooftop solar installations. The potential for clean energy tax credits to remain intact has caused a strong wave of positive investor sentiment throughout the solar energy sector. Moreover, SolarEdge Technologies, Inc. (NASDAQ:SEDG) revealed this week that it has begun full production and shipment of its Home Battery at a new factory in Salt Lake City, Utah. This means that the company is now manufacturing its full residential offering — inverter, power optimizer, and battery — on American soil. Marty Rogers, General Manager at SolarEdge Technologies, Inc. (NASDAQ:SEDG), stated: 'We're proud to be part of the manufacturing resurgence in America, as our investments represent a strategic commitment to the domestic market. This expansion not only supports our growth objectives, but reinforces our promise to customers: reliable, high-quality technology with shorter lead times and greater supply chain stability. The American energy tax credits have enabled the company to onshore its manufacturing and add to the critical energy infrastructure needed to meet growing U.S. energy demand. As Congress considers changes to clean energy tax credits, we encourage lawmakers to recognize how vital these incentives are for businesses to continue investing in domestic manufacturing and drive America's future energy dominance.' While we acknowledge the potential of SEDG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None.
