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SolarEdge Technologies (SEDG) Competitors

$48.99
-0.33 (-0.67%)
(As of 05/31/2024 ET)

SEDG vs. CREE, IPGP, ALAB, LSCC, QRVO, AMKR, MTSI, CRUS, RMBS, and ALGM

Should you be buying SolarEdge Technologies stock or one of its competitors? The main competitors of SolarEdge Technologies include Cree (CREE), IPG Photonics (IPGP), Astera Labs (ALAB), Lattice Semiconductor (LSCC), Qorvo (QRVO), Amkor Technology (AMKR), MACOM Technology Solutions (MTSI), Cirrus Logic (CRUS), Rambus (RMBS), and Allegro MicroSystems (ALGM).

SolarEdge Technologies vs.

Cree (NASDAQ:CREE) and SolarEdge Technologies (NASDAQ:SEDG) are both mid-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, risk, earnings, media sentiment, dividends, valuation, profitability and community ranking.

Cree received 308 more outperform votes than SolarEdge Technologies when rated by MarketBeat users. Likewise, 64.96% of users gave Cree an outperform vote while only 63.32% of users gave SolarEdge Technologies an outperform vote.

CompanyUnderperformOutperform
CreeOutperform Votes
964
64.96%
Underperform Votes
520
35.04%
SolarEdge TechnologiesOutperform Votes
656
63.32%
Underperform Votes
380
36.68%

SolarEdge Technologies has a consensus target price of $86.38, indicating a potential upside of 76.33%. Given Cree's higher probable upside, analysts plainly believe SolarEdge Technologies is more favorable than Cree.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cree
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
SolarEdge Technologies
3 Sell rating(s)
24 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.03

In the previous week, SolarEdge Technologies had 5 more articles in the media than Cree. MarketBeat recorded 11 mentions for SolarEdge Technologies and 6 mentions for Cree. Cree's average media sentiment score of 0.94 beat SolarEdge Technologies' score of 0.29 indicating that SolarEdge Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cree
0 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
SolarEdge Technologies
6 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

95.1% of SolarEdge Technologies shares are held by institutional investors. 0.4% of Cree shares are held by insiders. Comparatively, 0.7% of SolarEdge Technologies shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Cree has a beta of 1.44, suggesting that its stock price is 44% more volatile than the S&P 500. Comparatively, SolarEdge Technologies has a beta of 1.53, suggesting that its stock price is 53% more volatile than the S&P 500.

SolarEdge Technologies has higher revenue and earnings than Cree. Cree is trading at a lower price-to-earnings ratio than SolarEdge Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cree$525.60M5.67-$523.90M-$1.40-18.36
SolarEdge Technologies$2.24B1.25$34.33M-$4.65-10.54

SolarEdge Technologies has a net margin of -11.68% compared to SolarEdge Technologies' net margin of -83.60%. Cree's return on equity of -6.43% beat SolarEdge Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Cree-83.60% -7.29% -4.50%
SolarEdge Technologies -11.68%-6.43%-3.43%

Summary

SolarEdge Technologies beats Cree on 12 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SEDG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SEDG vs. The Competition

MetricSolarEdge TechnologiesSemiconductors & related devices IndustryEnergy SectorNASDAQ Exchange
Market Cap$2.81B$50.42B$8.51B$7.99B
Dividend YieldN/A1.98%11.59%4.00%
P/E Ratio-10.5421.9110.6315.65
Price / Sales1.2513.1676.7273.43
Price / Cash13.0725.389.7431.55
Price / Book1.256.373.014.59
Net Income$34.33M$912.54M$976.81M$213.90M
7 Day Performance2.02%-0.29%1.54%0.87%
1 Month Performance-17.88%5.34%4.64%1.82%
1 Year Performance-83.17%25.02%7.13%5.90%

SolarEdge Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CREE
Cree
0.0155 of 5 stars
$25.68
-4.7%
N/A-46.5%$2.98B$525.60M-5.503,466Gap Down
IPGP
IPG Photonics
4.8512 of 5 stars
$83.55
-0.2%
$110.40
+32.1%
-21.5%$3.81B$1.29B21.536,180Short Interest ↑
Positive News
ALAB
Astera Labs
2.9908 of 5 stars
$67.45
-2.1%
$86.09
+27.6%
N/A$10.50BN/A0.00225
LSCC
Lattice Semiconductor
3.9431 of 5 stars
$76.24
-1.6%
$82.09
+7.7%
-10.7%$10.49B$737.15M48.871,156Positive News
QRVO
Qorvo
4.7572 of 5 stars
$96.28
-1.9%
$110.83
+15.1%
0.0%$9.21B$3.77B-131.898,700Analyst Upgrade
AMKR
Amkor Technology
4.8807 of 5 stars
$32.53
-2.8%
$37.67
+15.8%
+29.8%$8.00B$6.50B21.4028,700Positive News
MTSI
MACOM Technology Solutions
3.0914 of 5 stars
$101.97
-2.4%
$111.00
+8.9%
+65.3%$7.35B$648.41M115.881,500Insider Selling
CRUS
Cirrus Logic
3.9938 of 5 stars
$115.14
-1.3%
$107.86
-6.3%
+45.9%$6.21B$1.79B23.351,702Insider Selling
Short Interest ↑
RMBS
Rambus
4.3812 of 5 stars
$55.04
-2.4%
$80.00
+45.3%
-16.4%$5.93B$461.12M16.83623Positive News
ALGM
Allegro MicroSystems
2.2139 of 5 stars
$29.86
-3.0%
$37.11
+24.3%
-23.7%$5.79B$1.05B38.284,687Insider Selling

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This page (NASDAQ:SEDG) was last updated on 6/2/2024 by MarketBeat.com Staff

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