Shoals Technologies Group, Inc. (SHLS)
| Market Cap | 1.62B +157.2% |
| Revenue (ttm) | 535.53M +37.8% |
| Net Income | 33.56M +76.0% |
| EPS | 0.20 +83.9% |
| Shares Out | 167.77M |
| PE Ratio | 48.36 |
| Forward PE | 21.03 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,418,955 |
| Open | 10.20 |
| Previous Close | 10.33 |
| Day's Range | 9.51 - 10.25 |
| 52-Week Range | 3.81 - 11.36 |
| Beta | 1.74 |
| Analysts | Buy |
| Price Target | 9.84 (+1.86%) |
| Earnings Date | May 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]
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 $9.84, which is an increase of 1.86% from the latest price.
News
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, 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...
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.
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...
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…
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...
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...
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.
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...
Shoals Technologies price target lowered to $8 from $10 at Jefferies
Jefferies lowered the firm’s price target on Shoals Technologies (SHLS) to $8 from $10 and keeps a Buy rating on the shares. Following the firm’s conference, the analyst came away…
Unusually active option classes on open March 11th
Unusual total active option classes on open include: Tenet (THC), Shoals Technologies Group (SHLS), Serve Robotics Inc (SERV), AXT (AXTI), Kosmos (KOS), PureFunds Junior Silver Small Cap (SILJ), Enovi...
Shoals Technologies price target lowered to $8.50 from $11 at Citi
Citi analyst Vikram Bagri lowered the firm’s price target on Shoals Technologies (SHLS) to $8.50 from $11 and keeps a Neutral rating on the shares. The firm leans bullish on…
Shoals Technologies price target raised to $8 from $7 at Mizuho
Mizuho raised the firm’s price target on Shoals Technologies (SHLS) to $8 from $7 and keeps a Neutral rating on the shares. The company’s sales continue to beat, but its…
Shoals Technologies price target lowered to $11 from $12 at UBS
UBS lowered the firm’s price target on Shoals Technologies (SHLS) to $11 from $12 and keeps a Buy rating on the shares. The Q4 results reflect significant headwinds to Shoals’…
Shoals Technologies price target lowered to $11 from $12 at Guggenheim
Guggenheim analyst Joseph Osha lowered the firm’s price target on Shoals Technologies (SHLS) to $11 from $12 and keeps a Buy rating on the shares. While the firm updated estimates…
Shoals Technologies price target lowered to $9 from $10 at Barclays
Barclays analyst Christine Cho lowered the firm’s price target on Shoals Technologies (SHLS) to $9 from $10 and keeps an Overweight rating on the shares. The company’s Q4 gross margin…
Shoals Technologies upgraded to Neutral from Underperform at BNP Paribas
BNP Paribas analyst Moses Sutton upgraded Shoals Technologies (SHLS) to Neutral from Underperform with a $9 price target
CORRECTED PRESS RELEASE: Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2025
Explanatory Note: The press release issued on the morning of February 24, 2026 included language regarding changes in customer order patterns and an intention to suspend quarterly guidance. This langu...
Shoals Technologies price target lowered to $10 from $15 at Roth Capital
Roth Capital analyst Philip Shen lowered the firm’s price target on Shoals Technologies (SHLS) to $10 from $15 and keeps a Buy rating on the shares following the company’s “big”…