Shoals Technologies Group, Inc. (SHLS)
| Market Cap | 571.12M |
| Revenue (ttm) | 399.21M |
| Net Income (ttm) | 24.13M |
| Shares Out | 166.99M |
| EPS (ttm) | 0.14 |
| PE Ratio | 24.43 |
| Forward PE | 8.90 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,002,780 |
| Open | 3.450 |
| Previous Close | 3.400 |
| Day's Range | 3.320 - 3.520 |
| 52-Week Range | 2.710 - 12.090 |
| Beta | 1.69 |
| Analysts | Buy |
| Price Target | 9.43 (+175.73%) |
| Earnings Date | May 6, 2025 |
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, a plug-and-play cable and cabinet solutions; homeruns, interconnection, and extension solutions; combiners and re-combiners; load break disconnects and transition solutions which reduces feeder sizes or disconnect systems for maintenance and s... [Read more]
Financial Performance
In 2024, Shoals Technologies Group's revenue was $399.21 million, a decrease of -18.35% compared to the previous year's $488.94 million. Earnings were $24.13 million, a decrease of -39.64%.
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for SHLS stock is "Buy." The 12-month stock price forecast is $9.43, which is an increase of 175.73% from the latest price.
News
Shoals Technologies Group and First Solar Continue Partnership
PORTLAND, Tenn., March 26, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”) (Nasdaq: SHLS), a global leader in electrical balance of systems (“EBOS”) solutions for the energy transi...
Shoals Technologies: 2025 Presents A Large Accumulation Window
Solar and batteries will be the largest new source of generation capacity in 2025. Shoals' growth has slowed, but their balance sheet continues to improve while they maintain backlog. Shoals share pri...
Shoals Technologies Q4: Why I'm Sticking With My Buy Rating
Shoals Technologies Group, Inc. is a market leader in EBOS installations for solar energy, with a strong long-term outlook despite recent share price drops. The company reported $107m in Q4 2024 reven...
Shoals Technologies Group, Inc. Announces Participation in Upcoming Events for the Investor Community
PORTLAND, Tenn., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Shoals) (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition m...
Shoals Technologies Group, Inc. (SHLS) Q4 2024 Earnings Call Transcript
Shoals Technologies Group, Inc. (NASDAQ:SHLS) Q4 2024 Earnings Conference Call February 25, 2025 8:00 AM ET Company Participants Matthew Tractenberg - Vice President of Finance & Investor Relations B...
Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2024
– Quarterly Revenue of $107.0 million – – Adjusted Gross Profit Percentage1 of 37.6% – – Quarterly Net Income of $7.8 million – – Adjusted EBITDA1 of $26.4 million – – Ending Backlog and Awarded Order...
Shoals Technologies Group Appeals ITC Reversal Decision to Federal Circuit and Receives Institution in New ITC Action Against Voltage
PORTLAND, Tenn., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Shoals) (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition m...
Shoals Technologies Group, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release Date and Conference Call
PORTLAND, Tenn., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its fourth quarter and full year 2024 re...
Shoals Technologies: A Great Risk-Reward Play Right Now
Shoals Technologies Group, a leader in EBOS solutions for the solar sector, offers a compelling risk-reward profile despite recent setbacks, including a patent infringement case loss. The company's in...
Shoals Technologies Group Files Additional Patent Infringement Complaint Against Voltage, LLC with the ITC
Shoals Technologies Group, Inc., maintains commitment to protecting U.S. Solar Manufacturing, files additional patent infringement complaint with ITC.
Shoals Q3: Navigating The Harsh Cyclicality Of Solar Power Returns
Despite a 65% stock price drop, I believe Shoals is poised for recovery by 2025–2026 due to easing project delays and expected interest rate declines, making it a Buy amid current pessimism. Shoals' s...
Shoals Technologies Q3: Still A Lot Of Uncertainty On The Horizon
Shoals Technologies Group, Inc. reported mixed Q3 earnings with a revenue decline and EPS miss due to project delays, impacting overall performance. Improved gross profit and operating margins show pr...
Shoals Technologies Group, Inc. (SHLS) Q3 2024 Earnings Call Transcript
Shoals Technologies Group, Inc. (NASDAQ:SHLS) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Matthew Tractenberg - Vice President of Finance and Investor Relations...
Shoals Technologies Group, Inc. Reports Financial Results for Third Quarter 2024
– Secures Favorable Initial Ruling in ITC Case Against Voltage, LLC – – Quarterly Revenue of $102.2 million – – Gross Profit Percentage of 24.8% and Adjusted Gross Profit Percentage of 37.9% – – Net L...
Shoals Technologies Group, Inc. Announces Participation in Upcoming Investor Events
PORTLAND, Tenn., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”), a global leader in electrical balance of system (“EBOS”) solutions for the energy transition market, anno...
Shoals Technologies Group, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call
PORTLAND, Tenn., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its third quarter 2024 results before ma...
This PG&E Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Shoals Technologies Group Appoints Chief Operations Officer and Interim Chief Legal Officer
PORTLAND, Tenn., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”), a global leader in electrical balance of system (“EBOS”) solutions for the energy transition market, ann...
Shoals Technology Group, Inc. Hosted Inaugural Investor Day
PORTLAND, Tenn., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“the Company”) (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy tran...
Shoals Technologies Stock: Why I'm Staying Bullish Despite The Recent Setbacks
Shoals Technologies has faced significant challenges in 2024, including project delays, supply chain disruptions, and legal issues, leading to a substantial decline in its stock price. Operational dis...
Shoals Technologies Group Secures Favorable Initial Ruling in ITC Case Against Voltage, LLC
Ruling Represents Big Win for U.S. Solar Manufacturing Industry and American Jobs Ruling Represents Big Win for U.S. Solar Manufacturing Industry and American Jobs
Shoals Technologies Group, Inc. (SHLS) Q2 2024 Earnings Call Transcript
Shoals Technologies Group, Inc. (SHLS) Q2 2024 Earnings Call Transcript
Shoals Technologies Group, Inc. Reports Financial Results for Second Quarter 2024
– Quarterly Revenue of $99.2 million – – Gross Margin of 40.3% – – Net Income of $11.8 million – – Adjusted EBITDA of $27.7 million – – Backlog and Awarded Orders Increased 18% Year-Over-Year to $642....
Shoals Technologies: Attractive Long-Term Growth Potential Despite Temporary Headwinds
Warren Buffett advises buying high-quality growth companies during temporary setbacks. Shoals Technologies Group is facing temporary headwinds in the solar and EV sectors, but it still has a signifian...
Shoals Technologies Group, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call
PORTLAND, Tenn., July 15, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its second quarter 2024 results after ma...