A bullish analyst price-target increase based on product momentum can drive near-term sentiment and trading activity, though it’s not a company-reported earnings/product release.
TD Cowen Raises Price Target on SolarEdge (SEDG) Following Product Momentum Sheryar Siddiq Wed, June 3, 2026 at 10:20 AM GMT+2 1 min read SEDG SolarEdge Technologies, Inc. (NASDAQ: SEDG ) ranks among the best technology growth stocks to buy under $100 . On May 29, TD Cowen boosted its price target on SolarEdge Technologies, Inc.
(NASDAQ:SEDG) to $85 from $43, keeping a Buy rating on the company’s shares. Analyst Jeffrey Osborne pointed to the advancement of the company’s SST product, which has attracted positive reviews from partners. Osborne had a fireside conversation with CEO Shuki Nir at TD Cowen’s recent TMT Conference, with the analyst stating that revenue for the SST product is projected to climb in 2028.
Meanwhile, on May 7, Jefferies reduced its SolarEdge Technologies, Inc. (NASDAQ:SEDG) price objective to $45 from $49 while keeping a Hold rating on the company’s shares. The firm stated that SolarEdge’s first-quarter 2026 performance exhibited resilience despite a tough market environment.
SolarEdge’s second-quarter outlook was broadly consistent with expectations, meaning near-breakeven EBIT. Moreover, SolarEdge Technologies, Inc. (NASDAQ:SEDG) management said they were confident in the company’s ability to generate positive free cash flow for the full year.
A global leader in smart energy technology, SolarEdge Technologies, Inc. (NASDAQ:SEDG) designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. While we acknowledge the potential of SEDG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.
If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock . READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News .
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