Shoals Technologies Group, Inc. (SHLS)
| Market Cap | 1.54B -12.4% |
| Revenue (ttm) | 647.56M +49.2% |
| Net Income | 37.83M +13.7% |
| EPS | 0.22 +15.5% |
| Shares Out | 168.30M |
| PE Ratio | 41.67 |
| Forward PE | 16.45 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 28,734,235 |
| Open | 8.86 |
| Previous Close | 8.47 |
| Day's Range | 8.75 - 9.96 |
| 52-Week Range | 5.43 - 13.18 |
| Beta | 1.85 |
| Analysts | Buy |
| Price Target | 11.06 (+20.74%) |
| Earnings Date | Nov 4, 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]
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 StatementsAnalyst Summary
According to 19 analysts, the average rating for SHLS stock is "Buy." The 12-month stock price target is $11.06, which is an increase of 20.74% from the latest price.
News
M&A News: Array Technologies (ARRY) Shines 17% Higher After Solar Merger with Shoals (SHLS)
Shares in solar tracker company Array Technologies ($ARRY) blazed 17% higher today after it sealed a $1.32 billion merger with peer Shoals Technologies ($SHLS). Under the deal, which is expected…
Shoals Technologies Group Earnings Call Transcript: Q3 2026
The merger combines complementary solar infrastructure portfolios, with 2027 revenue projected at $2.2B–$2.4B and Adjusted EBITDA of $410M–$480M, including synergies. Management targets more than $100M in annual run-rate synergies by year three.
Shoals Technologies Group Quarterly report: Q3 2026
Shoals Technologies Group has published its Q3 2026 quarterly earnings report on November 4, 2026.
Shoals Technologies Group Slides: Q3 2026
Shoals Technologies Group has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 4, 2026.
Shoals Technologies Group Earnings release: Q3 2026
Shoals Technologies Group released its Q3 2026 earnings on November 4, 2026, summarizing the period's financial results.
Array Technologies, Shoals Technologies to combine in stock-for-stock merger
Array Technologies (ARRY) and Shoals Technologies (SHLS) announced that they have entered into a definitive agreement to combine in a stock-for-stock merger. Under the terms of the merger agreement, A...
Shoals Technologies Group, Inc. Reports Financial Results for Third Quarter 2026
– Quarterly Revenue of $195.3 million – – Income from Operations of $29.0 million – – Net Income of $17.9 million – – Adjusted EBITDA1 of $39.8 million – – Backlog and Awarded Orders of $791.7 million...
ARRAY Technologies and Shoals Technologies Group Announce Transformative Merger, Creating an Integrated Energy Infrastructure Platform
ALBUQUERQUE, N.M. and PORTLAND, Tenn., Nov. 04, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies (Nasdaq: ARRY) (“ARRAY”), a leading provider of structural balance-of-system (“SBOS”) solutions for utility-...
Shoals Technologies price target lowered to $12 from $13 at JPMorgan
JPMorgan analyst Mark Strouse lowered the firm’s price target on Shoals Technologies (SHLS) to $12 from $13 and keeps an Overweight rating on the shares. The firm adjusted targets in…
Shoals Technologies Group, Inc. Announces Third Quarter 2026 Earnings Release Date and Conference Call
PORTLAND, Tenn., Oct. 19, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its third quarter 2026 results before ma...
Shoals Technologies price target lowered to $10 from $11 at Mizuho
Mizuho lowered the firm’s price target on Shoals Technologies (SHLS) to $10 from $11 and keeps a Neutral rating on the shares. The firm’s Q3 and 2026 estimates are in…
Shoals Technologies price target lowered to $11 from $12 at Jefferies
Jefferies lowered the firm’s price target on Shoals Technologies (SHLS) to $11 from $12 and keeps a Buy rating on the shares. The firm views expectations through 2030 as “surprisingly…
Shoals Technologies price target raised to $11 from $10 at Barclays
Barclays raised the firm’s price target on Shoals Technologies (SHLS) to $11 from $10 and keeps an Overweight rating on the shares.
Shoals Technologies Group Transcript: Barclays 40th Annual Energy-Power Conference
Expansion into BESS and data center markets is driving growth, with AirLink targeting a $2B–$4B opportunity and leveraging existing manufacturing capabilities. Recent IP wins have strengthened market position, while operational improvements and new partnerships are expected to boost margins and revenue.
Shoals Technologies reports ‘favorable’ outcome in Voltage litigation
Shoals Technologies (SHLS) announced a favorable outcome in its patent infringement lawsuit against Voltage, LLC and Ningbo Voltage Smart Production Co. in the U.S. District Court for the Middle Distr...
Shoals Technologies Group Prevails in Patent Infringement Case Against Voltage in North Carolina
PORTLAND, Tenn., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”) (Nasdaq: SHLS), a global leader in electrical infrastructure solutions for the energy transition market, t...
Shoals and ON.energy Advance U.S. Manufacturing for the Nation's Largest 1.1 GW Grid-Connected Battery Project at Hyperscale Data Center
PORTLAND, Tenn., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”) (Nasdaq: SHLS), a global leader in electrical infrastructure solutions for the energy transition market, t...
Shoals Technologies price target raised to $10 from $9 at RBC Capital
RBC Capital raised the firm’s price target on Shoals Technologies (SHLS) to $10 from $9 and keeps an Outperform rating on the shares.
Shoals Technologies Group Earnings Call Transcript: Q2 2026
Q2 2026 saw 47% revenue growth, record backlog, and strong margin performance, with robust demand in core and international markets. Guidance for 2026 was reaffirmed, with continued margin expansion and operational improvements expected.
Shoals Technologies Group Earnings release: Q2 2026
Shoals Technologies Group released its Q2 2026 earnings on August 4, 2026, summarizing the period's financial results.
Shoals Technologies Group Slides: Q2 2026
Shoals Technologies Group has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 4, 2026.
Shoals Technologies Group Quarterly report: Q2 2026
Shoals Technologies Group has published its Q2 2026 quarterly earnings report on August 4, 2026.
Shoals Technologies Group, Inc. Reports Financial Results for Second Quarter 2026
– Quarterly Revenue of $163.4 million – – Income from Operations of $18.7 million – – Net Income of $12.1 million – – Adjusted EBITDA1 of $31.6 million – – Backlog and Awarded Orders of $801.4 million...
Shoals Technologies Group Slides: Corporate presentation
Shoals Technologies Group has posted slides in relation to its latest quarterly earnings report, which was published on August 3, 2026.
Shoals Technologies Group and TerraFlow Energy Forge Multi-Gigawatt Partnership to Advance the Future of Energy Storage
PORTLAND, Tenn., Aug. 03, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”) (Nasdaq: SHLS), a global leader in electrical infrastructure solutions for the energy transition market, a...