SEDGAnalysis
SolarEdge Q1 Results Spark Rally Above Analyst Target
SolarEdge Technologies shares trade at $61.76, some 56% above the analyst consensus price target of $39.57, after Q2 profitability guidance sparked a post-earnings rally despite a Q1 EPS miss. Three consecutive quarters of narrowing losses and free cash flow of $278 million frame the turnaround case, while the 90-day insider record shows selling near analyst-target price levels with no open-market buying on record.