5 Most Promising Solar Stocks According to Analysts

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

Average Analyst Price Target: $362

SolarEdge Technologies, Inc. (NASDAQ:SEDG) ranks first in our list of the most promising solar stocks to buy according to analysts. According to Wall Street Journal, SolarEdge Technologies, Inc. (NASDAQ:SEDG)’s price target based on average analyst ratings is $362, as of February 13. In December, SolarEdge Technologies, Inc. (NASDAQ:SEDG) gained after Barclays upgraded the stock to Overweight from Equal Weight. Barclays’ analysts said SolarEdge Technologies, Inc. (NASDAQ:SEDG) has strong growth potential in Europe.

As of the end of the third quarter of 2022, 44 hedge funds among the 920 funds tracked by Insider Monkey reported owning stakes in SolarEdge Technologies, Inc. (NASDAQ:SEDG). The net worth of these stakes was about $674 million.

You can also take a peek at 15 Largest Australian Companies by Revenue and 12 Cash Rich Dividend Stocks To Buy.

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