The price of SEDG is predicted to go up 1.2%, based on the high correlation periods with NVAX. The similarity of these two price pattern on the periods is 95.95%.
SEDG
NVAX
SolarEdge is one of the largest solar inverter manufacturers in the world based on revenue.
SolarEdge trades at a sharp valuation discount to peer Enphase.
Potential policy incentives to address climate change have the potential to meaningfully increase annual solar installations.
Roth MKM
2025-02-21
Price Target
$17 → $20
Upside
+13.51%
Jefferies
2025-02-21
Price Target
$9 → $12
Downside
-31.9%
Susquehanna
2025-02-20
Price Target
$13 → $17
Downside
-3.52%