Shoals Technologies Group, Inc. (SHLS)

Market Cap	880.18M
Revenue (ttm)	388.76M
Net Income (ttm)	19.07M
Shares Out	167.17M
EPS (ttm)	0.11
PE Ratio	48.49
Forward PE	12.59
Dividend	n/a
Ex-Dividend Date	n/a

Volume	13,776,059
Open	4.30
Previous Close	4.25
Day's Range	4.18 - 5.33
52-Week Range	2.71 - 7.08
Beta	1.63
Analysts	Buy
Price Target	9.15 (+73.79%)
Earnings Date	Aug 5, 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...

• Industry: Solar
• Sector: Technology
• IPO Date: Jan 27, 2021
• Employees: 1,290
• Stock Exchange: NASDAQ
• Ticker Symbol: SHLS
• Website: https://www.shoals.com

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%.

Analyst Summary

According to 24 analysts, the average rating for SHLS stock is "Buy." The 12-month stock price target is $9.15, which is an increase of 73.79% from the latest price.

Price Target

$9.15

(73.79% upside)

Analyst Consensus: Buy