Why Solaredge Technologies Stock is Up 13% Today
Source: Motley Fool
2026-03-20 12:49:26 ET
Shares of SolarEdge Technologies (NASDAQ: SEDG) found a sunny corner of Wall Street on Friday. Boosted by a mildly bullish report from analyst firm Jefferies, the stock peaked at a 16.7% gain just before 11 a.m. ET. As of 11:55 a.m. ET, it had cooled down to a 13% increase.
Image source: Getty Images.
Jefferies analyst Julien Dumoulin-Smith lifted SolarEdge's recommendation from "underperform" to "hold." The target price rose from $30 to $49 per share. The upgrade immediately lifted SolarEdge's price above Jefferies' target, with the stock currently trading at $51.59 per share.
SolarEdge Technologies Inc.
NASDAQ: SEDG
SEDG Trading
19.77% G/L:
$51.76 Last:
5,639,608 Volume:
$47.47 Open:
SEDG Latest News
March 19, 2026 08:30:00 am
SolarEdge Launches its Next-Generation SolarEdge Nexis Residential Solar & Storage System in Germany
SEDG Stock Data
$2,204,229,880
59,202,050
0.53%
110
N/A
Renewable Energy Producers
Energy
IL
Herziliya Pituach
