12 Most Shorted Stocks in 2025

Page 7 of 10

4. SolarEdge Technologies, Inc. (NASDAQ:SEDG)

Number of Hedge Fund Holders: 30

Short % of Shares Outstanding (as of February 28): ~37.1%

SolarEdge Technologies, Inc. (NASDAQ:SEDG) is engaged in designing, developing, manufacturing, and selling direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations. JPMorgan analyst Mark Strouse upped the company’s price target to $24 from $19, keeping an “Overweight” rating. As per the analyst, the company reported mixed Q4 results, but its strong FCF is expected to improve the investor sentiment. Notably, in Q4 2024, its free cash flow came in at $25.5 million as compared to the FCF deficit of $136.7 in the prior year. The return to positive FCF generation in Q4 2024 is a solid first step, and SolarEdge Technologies, Inc. (NASDAQ:SEDG) expects to be FCF positive in Q1 2025 and for FY 2025.

Notably, JPMorgan has cited higher earnings estimates and the company’s improved FCF helping investor sentiment for the target increase. Elsewhere, Morgan Stanley analyst Andrew Percoco upped SolarEdge Technologies, Inc. (NASDAQ:SEDG)’s stock to a “Hold” rating, setting a price objective of $18.00. Amidst challenges, the company’s Q1 2025 guidance seems to be more favorable than expected, mainly attributed to safe harboring activities. SolarEdge Technologies, Inc. (NASDAQ:SEDG)’s improved strategic direction also alleviated some liquidity worries by enhancing FCF visibility.

Page 7 of 10