Shoals Technologies Group, Inc. (SHLS)
| Market Cap | 1.57B +62.1% |
| Revenue (ttm) | 535.53M +37.8% |
| Net Income | 33.56M +76.0% |
| EPS | 0.20 +83.9% |
| Shares Out | 167.77M |
| PE Ratio | 46.99 |
| Forward PE | 20.42 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,021,832 |
| Open | 9.39 |
| Previous Close | 9.39 |
| Day's Range | 8.83 - 9.41 |
| 52-Week Range | 4.43 - 13.18 |
| Beta | 1.90 |
| Analysts | Buy |
| Price Target | 10.84 (+15.5%) |
| Earnings Date | Aug 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 20 analysts, the average rating for SHLS stock is "Buy." The 12-month stock price target is $10.84, which is an increase of 15.50% from the latest price.
News
Shoals Technologies price target raised to $10.50 from $9.50 at Citi
Citi raised the firm’s price target on Shoals Technologies (SHLS) to $10.50 from $9.50 and keeps a Neutral rating on the shares. The firm adjusted ratings and targets in the…
Shoals Technologies price target raised to $13 from $10 at JPMorgan
JPMorgan raised the firm’s price target on Shoals Technologies (SHLS) to $13 from $10 and keeps an Overweight rating on the shares. The firm adjusted ratings and targets in the…
Shoals Technologies price target raised to $13 from $11 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Shoals Technologies (SHLS) to $13 from $11 and keeps a Buy rating on the shares.
Shoals Technologies price target raised to $12 from $10 at Jefferies
Jefferies analyst Julien Dumoulin-Smith raised the firm’s price target on Shoals Technologies (SHLS) to $12 from $10 and keeps a Buy rating on the shares. The firm sees a “positive…
Shoals Technologies Group, Inc. Announces Second Quarter 2026 Earnings Release Date and Conference Call
PORTLAND, Tenn., July 08, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its second quarter 2026 results before m...
Shoals Technologies price target raised to $15 from $10 at Roth Capital
Roth Capital raised the firm’s price target on Shoals Technologies (SHLS) to $15 from $10 and keeps a Buy rating on the shares. The firm, which views the ITC’s final…
Shoals Technologies price target raised to $10 from $9 at Barclays
Barclays raised the firm’s price target on Shoals Technologies (SHLS) to $10 from $9 and keeps an Overweight rating on the shares as part of a Q2 earnings preview. Shoals…
Shoals Technologies victorious in patent infringement action against Voltage
Shoals Technologies (SHLS) announced a decisive victory in its patent infringement action against Voltage after the U.S. International Trade Commission affirmed the Administrative Law Judge’s ruling. ...
Shoals Technologies Group Secures ITC Victory Upholding American Intellectual Property
PORTLAND, Tenn., June 25, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”) (Nasdaq: SHLS), a global leader in electrical infrastructure solutions for the energy transition market, a...
Shoals Technologies Group Transcript: J.P. Morgan Natural Resources Conference 2026
Strong solar and BESS demand is driving growth, with major expansion into data centers and international markets. Product innovation and partnerships are fueling wallet share gains, while a new facility boosts capacity. Margin improvements are expected as operations stabilize.
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…
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…
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’…
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...
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.
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.
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.
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.
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.
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…
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.
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.
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.
Shoals Technologies Group Quarterly report: Q1 2026
Shoals Technologies Group has published its Q1 2026 quarterly earnings report on May 5, 2026.
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...