Solar Stocks Drop as SolarEdge Adds to Layoffs; Deutsche Bank Still Likes First Solar
SolarEdge Stock Falls, Sunnova Follows on Plans to Cut 400 Jobs, Weak Demand
By Steve Gelsi Company cites weak market conditions in Europe and lower revenue SolarEdge Technologies Inc.'s stock slumped Monday after the maker of solar-power converters said it's reducing its
SolarEdge Cuts 400 More Jobs In 2024: Navigating Market Woes And Inventory Challenges
SolarEdge Technologies, Inc. (NASDAQ:SEDG) shares are trading lower after the company disclosed a decision to lay off 400 employees.The company stated that 200 of these job cuts are in Israel. The
Susquehanna Adjusts Price Target on SolarEdge Technologies to $36 From $56, Maintains Neutral Rating
SolarEdge Technologies (SEDG) has an average hold rating and a price target range of $25 to $100, according to analysts polled by Capital IQ.Price: 27.39, Change: -4.26, Percent Change: -13.46
Express News | Sunrun Down 13.7%, Sunnova Energy Down 10.8%, First Solar Down 7.5%, Enphase Energy Down 5.2%
Express News | Shares of Solar Companies Fall
Susquehanna Maintains Neutral on SolarEdge Technologies, Lowers Price Target to $36
Susquehanna analyst Biju Perincheril maintains SolarEdge Technologies (NASDAQ:SEDG) with a Neutral and lowers the price target from $56 to $36.
SolarEdge Technologies Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/15/2024 23.71% Susquehanna $56 → $36 Maintains Neutral 07/10/2024 27.15% RBC Capital $37 → $37
Sector Update: Tech Stocks Flat to Higher Premarket Monday
Technology stocks were flat to higher premarket Monday as the SPDR S&P Semiconductor ETF (XSD) was unchanged and the Technology Select Sector SPDR Fund (XLK) was up 0.5% recently.SolarEdge
Sector Update: Tech
Technology stocks were flat to higher premarket Monday, with the SPDR S&P Semiconductor ETF (XSD) was inactive and the Technology Select Sector SPDR Fund (XLK) was up 0.5% recently.SolarEdge
Today's Morning Movers and Top Ratings: AAPL, DJT, TSLA, SEDG and More
SolarEdge Technologies's stock fell about 8% after it announced a workforce reduction of 400 employees in an effort to regain profitability during a time of decreasing revenues. Check out how Apple, Tesla and Trump Media & Technology's stocks are moving today.
AutoNation, Baxter International And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Monday.Shares of AutoNation Inc (NYSE:AN) fell sharply in today's pre-market trading.AutoNation said
SolarEdge to Cut 400 Workers in Second Round of Layoffs This Year
SolarEdge Shares Are Trading Lower After the Company Announced a Workforce Reduction.
SolarEdge Shares Are Trading Lower After the Company Announced a Workforce Reduction.
SolarEdge Is Cutting More Jobs. The Stock Tumbles.
SolarEdge Technologies stock was sinking Monday after the company announced it will cut 400 jobs in order to restore profitability.
SolarEdge Reduces Work Force by 400 Workers
SolarEdge Technologies Inc.'s stock (SEDG) fell about 6% in premarket trading on Monday after the maker of solar power converters said it's reducing its work force by 400 employees due to a build up
Express News | Solaredge Technologies: Workforce Reduction Is Across All Departments
Express News | Solaredge Technologies Inc: Reduction in Workforce, Which Will Impact About 400 Employees, of Which 200 Are in Israel
Goldman, Apple, Trump Media Rise Premarket; SolarEdge Falls
Enphase Energy, SolarEdge Technologies Debate Continues -- Market Talk
1511 ET - A debate over Enphase Energy and SolarEdge Technologies continues, and analysts at TD Cowen see pros and cons for each. They say they were surprised by SolarEdge's cash burn and that the