Shoals Technologies Group, Inc. (SHLS)

NASDAQ: SHLS · Real-Time Price · USD
10.81
-1.96 (-15.35%)
At close: Jun 5, 2026, 4:00 PM EDT
10.60
-0.21 (-1.94%)
After-hours: Jun 5, 2026, 7:58 PM EDT
Market Cap1.81B +126.7%
Revenue (ttm)535.53M +37.8%
Net Income33.56M +76.0%
EPS0.20 +83.9%
Shares Out 167.77M
PE Ratio54.12
Forward PE23.54
Dividendn/a
Ex-Dividend Daten/a
Volume7,062,181
Open12.36
Previous Close12.77
Day's Range10.53 - 12.49
52-Week Range3.99 - 13.18
Beta1.87
AnalystsBuy
Price Target10.11 (-6.48%)
Earnings DateMay 5, 2026

About SHLS

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. The company designs, manufactures, and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions; homeruns, interconnection, and extension solutions; combiners and re-combiners; load break disconnects and transition solutions; wireless performance monitoring; and battery energy storage solutions (BESS). It also offers original equipment ma... [Read more]

Industry Solar
Sector Technology
IPO Date Jan 27, 2021
Employees 1,480
Stock Exchange NASDAQ
Ticker Symbol SHLS
Full Company Profile

Financial Performance

In 2025, Shoals Technologies Group's revenue was $475.33 million, an increase of 19.07% compared to the previous year's $399.21 million. Earnings were $33.57 million, an increase of 39.16%.

Financial Statements

Analyst Summary

According to 20 analysts, the average rating for SHLS stock is "Buy." The 12-month stock price target is $10.11, which is a decrease of -6.48% from the latest price.

Price Target
$10.11
(-6.48% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Shoals Technologies Group put volume heavy and directionally bearish

Bearish flow noted in Shoals Technologies (SHLS) Group with 2,308 puts trading, or 4x expected. Most active are Jul-26 12 puts and Jul-26 15 calls, with total volume in those…

1 day ago - TheFly

Shoals Technologies price target raised to $14 from $10 at TD Cowen

TD Cowen raised the firm’s price target on Shoals Technologies (SHLS) to $14 from $10 and keeps a Buy rating on the shares. The firm met with management covering the…

7 days ago - TheFly

Shoals Technologies price target raised to $12 from $11 at Guggenheim

Guggenheim raised the firm’s price target on Shoals Technologies (SHLS) to $12 from $11 and keeps a Buy rating on the shares. The firm updated its model to reflect Shoals’…

14 days ago - TheFly

Shoals Technologies Group, Inc. Opens New Tennessee Mega Facility to Support American Manufacturing and the Future of Energy Infrastructure

News Summary: Shoals Technologies Group, Inc. opened its new 638,000-square-foot Mega Facility in Portland, Tennessee, bac ked by a $30 million investment. The new campus expands domestic U.S. manufac...

17 days ago - GlobeNewsWire

Shoals Technologies Group Slides: Corporate presentation

Shoals Technologies Group has posted slides in relation to its latest quarterly earnings report, which was published on May 12, 2026.

24 days ago - Filings

Shoals Technologies price target raised to $9 from $8.50 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Shoals Technologies (SHLS) to $9 from $8.50 and keeps an Equal Weight rating on the shares.

4 weeks ago - TheFly

Shoals Technologies price target raised to $12 from $11 at UBS

UBS analyst Jon Windham raised the firm’s price target on Shoals Technologies (SHLS) to $12 from $11 and keeps a Buy rating on the shares.

4 weeks ago - TheFly

Shoals Technologies price target raised to $9.50 from $8.50 at Citi

Citi raised the firm’s price target on Shoals Technologies (SHLS) to $9.50 from $8.50 and keeps a Neutral rating on the shares.

4 weeks ago - TheFly

Shoals Technologies price target raised to $10 from $9 at JPMorgan

JPMorgan analyst Mark Strouse raised the firm’s price target on Shoals Technologies (SHLS) to $10 from $9 and keeps an Overweight rating on the shares.

4 weeks ago - TheFly

Shoals Technologies price target raised to $11 from $10 at Goldman Sachs

Goldman Sachs analyst Brian Lee raised the firm’s price target on Shoals Technologies (SHLS) to $11 from $10 and keeps a Buy rating on the shares. Shoals delivered solid Q1…

4 weeks ago - TheFly

Shoals Technologies Group Earnings Call Transcript: Q1 2026

Q1 2026 saw 75% revenue growth and record backlog, driven by strong U.S. solar demand and new product launches. Margins were temporarily pressured by product mix and facility move, but sequential improvement is expected. Full-year guidance for revenue and EBITDA was raised.

4 weeks ago - Transcripts

Shoals Technologies Group Slides: Q1 2026

Shoals Technologies Group has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 5, 2026.

4 weeks ago - Filings

Shoals Technologies Group Earnings release: Q1 2026

Shoals Technologies Group released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.

4 weeks ago - Filings

Shoals Technologies Group Quarterly report: Q1 2026

Shoals Technologies Group has published its Q1 2026 quarterly earnings report on May 5, 2026.

4 weeks ago - Filings

Shoals Technologies Group, Inc. Reports Financial Results for First Quarter 2026

– Quarterly Revenue of $140.6 million – – Income from Operations of $7.7 million – – Net Loss of $0.3 million – – Adjusted EBITDA1 of $21.1 million   – – Record Backlog and Awarded Orders of $758.0 mi...

4 weeks ago - GlobeNewsWire

Shoals Technologies Group Transcript: AGM 2026

The meeting covered director elections, executive compensation, and auditor ratification, with all proposals approved. No additional shareholder proposals or questions were raised, and final voting results will be published in a Form 8-K.

5 weeks ago - Transcripts

Shoals Technologies Group, Inc. Announces Participation in Upcoming Events for the Investor Community

PORTLAND, Tenn., April 21, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a global leader in electrical infrastructure solutions for the energy tr...

6 weeks ago - GlobeNewsWire

Shoals Technologies price target lowered to $9 from $11 at JPMorgan

JPMorgan analyst Mark Strouse lowered the firm’s price target on Shoals Technologies (SHLS) to $9 from $11 and keeps an Overweight rating on the shares. The firm adjusted targets in…

7 weeks ago - TheFly

Shoals Technologies Group Proxy statement: Proxy filing

Shoals Technologies Group filed a proxy statement on April 10, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Did Shoals Technologies Group Inc. Insiders Breach their Fiduciary Duties to Shareholders?

Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible...

2 months ago - PRNewsWire

Shoals Technologies Group, Inc. Announces First Quarter 2026 Earnings Release Date and Conference Call

PORTLAND, Tenn., April 09, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its first quarter 2026 results before m...

2 months ago - GlobeNewsWire

Shoals Technologies Group Transcript: Status update

Battery storage solutions are rapidly evolving, with data centers and AI driving significant demand for high-capacity, customizable DC-coupled systems. The product's ability to scale, customize, and handle high fault currents sets it apart, with the data center segment representing the largest and fastest-growing market opportunity.

2 months ago - Transcripts

Shoals Technologies Group, Inc. Announces BESS Virtual Webinar with Barclays

PORTLAND, Tenn., March 30, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a global leader in electrical infrastructure solutions for the energy tr...

2 months ago - GlobeNewsWire

Shoals Technologies Group Proxy statement: Proxy filing

Shoals Technologies Group filed a proxy statement on March 20, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Shoals Technologies Group Proxy statement: Proxy filing

Shoals Technologies Group filed a proxy statement on March 20, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings