Is This Solar Stock Ready for a Comeback? Key Milestones Ahead
SolarEdge(SEDG) MarketBeat·2024-07-16 19:19
SolarEdge Technologies TodaySEDGSolarEdge Technologies$26.79 -4.86 (-15.36%) 52-Week Range$23.51▼$288.87Price Target$72.42Add to WatchlistWhile solar energy solutions provider SolarEdge Technologies Inc. NASDAQ: SEDG shares have recently rallied off their 52-week lows, they are still trading down 66% year-to-date (YTD). Aside from a tough macroeconomic environment, high interest rates, and the bankruptcy of a large customer, the company has weathered the storm and may be on the verge of a turnaround. Solar ...