5 Most Promising Clean Energy Stocks According to Analysts

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

Number of Hedge Fund Holders: 43

One-Year Average Price Estimate: $366

Israeli solar technology company SolarEdge Technologies, Inc. (NASDAQ:SEDG) ranks 4th in our list of the most promising clean energy stocks according to analysts. SolarEdge Technologies, Inc. (NASDAQ:SEDG) was one of the top picks in the solar sector by a team of analysts at Citi earlier this month.

Hedge funds also like SolarEdge Technologies, Inc. (NASDAQ:SEDG). Insider Monkey’s proprietary database of 943 hedge funds shows that 43 funds had stakes in SolarEdge Technologies, Inc. (NASDAQ:SEDG) as of the end of the fourth quarter of 2022. The net worth of these hedge funds’ stakes was $1.3 billion. The biggest stakeholder of SolarEdge Technologies, Inc. (NASDAQ:SEDG) was Richard Mashaal’s Rima Senvest Management which has a $215 million stake in the company.