Shoals Technologies Group Inc (SHLS)

Currency in USD
8.800
+0.670(+8.24%)
Closed·
8.890+0.090(+1.02%)
·
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Fair Value
Day's Range
8.0408.870
52 wk Range
5.43013.180
Key Statistics
Prev. Close
8.13
Open
8.21
Day's Range
8.04-8.87
52 wk Range
5.43-13.18
Volume
5.64M
Average Volume (3m)
5.32M
1-Year Change
-1.4558%
Book Value / Share
3.79
Fair Value
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Fair Value Upside
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SHLS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
11.423
Upside
+29.81%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year
Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Buy
Moving Averages
Strong Buy

Analyst Ratings

8 Buy
6 Hold
0 Sell
Ratings:
14 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 11.423
(+29.81% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
RBC Capital
Buy11.00+25.00%10.00Maintain09-11-2026
JPMorgan
Buy12.00+36.36%13.00Maintain19-10-2026
Mizuho
Hold10.00+13.64%11.00Maintain16-10-2026
Barclays
Buy11.00+25.00%10.00Maintain08-10-2026
RBC Capital
Buy10.00+13.64%9.00Maintain05-08-2026

Shoals Technologies Group Inc SWOT Analysis


Solar Market Leade
Shoals Technologies dominates the utility-scale solar sector with premium EBOS solutions, leveraging a US-centric supply chain for competitive advantage
Financial Momentum
Explore Shoals' robust Q2 performance, with raised 2025 revenue guidance to $461.6M and a substantial $671M order backlog driving future growth
Diversification Strategy
Delve into Shoals' expansion into BESS, C&I, and data centers, potentially opening new revenue streams and expanding its total addressable market
Analyst Perspectives
Analyst price targets range from $4 to $10, reflecting varied views on Shoals' ability to navigate margin pressures and capitalize on growth opportunities
Read full SWOT analysis

Shoals Technologies Group Inc Earnings Call Summary for Q3/2026

  • Shoals reported Q3 2026 EPS of $0.14 on revenue of $195.3M, beating estimates by 17% and 20% respectively; stock surged 13% to $9.57.
  • Company announced stock-for-stock merger with ARRAY Technologies, targeting $100M+ in annual synergies by year three; Shoals shareholders to own 65%.
  • Revenue jumped 44% YoY to record levels; gross margin improved 160bps to 31.9%; operating cash flow reached $28.9M with $33M debt paydown.
  • Combined entity expects 2027 revenue of $2.2B-$2.4B and adjusted EBITDA of $410M-$480M; merger anticipated to close in Q1 2027.
  • Management highlighted 80% cross-selling opportunity across project base; pro forma net debt-to-EBITDA expected at 2.6x with $161.3M preferred stock redemption planned.
Last Updated: 04-11-2026, 08:38 pm
Read Full Transcript

Earnings

Latest Release
04-11-2026
EPS / Forecast
0.14 / 0.12
Revenue / Forecast
195.3M / 162.22M
EPS Revisions
Last 90 days

SHLS Income Statement

Compare SHLS to Peers and Sector

Metrics to compare
SHLS
Peers
Sector
Relationship
P/E Ratio
38.7x−2.8x11.0x
PEG Ratio
2.490.000.03
Price/Book
2.3x1.2x1.4x
Price / LTM Sales
2.3x0.6x1.1x
Upside (Analyst Target)
29.8%140.0%31.6%
Fair Value Upside
Unlock35.8%9.5%Unlock

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 manufacturer (OEM) components; and technical support services during installation and the transition to operations and maintenance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
96.63M57.42%842.66M
Other Institutional Investors
92.27M42.58%804.60M
Public Companies & Retail Investors
0.000.00%0.00
Total
188.91M100.00%1.65B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.17.07%2,87,27,9682,50,508
T. Rowe Price Group, Inc.12.84%2,16,02,2021,88,371

FAQ

What Is the Shoals Technologies Group (SHLS) Share Price Today?

The Shoals Technologies Group share price today is 8.800.

What is the current Shoals Technologies Group (SHLS) share price and day range?

As of 11-11-2026, the Shoals Technologies Group share price is 8.800, with a previous close of 8.130. The share price has ranged from 8.040 to 8.870 today, while the 52-week range spans from 5.430 to 13.180.

What Is the Shoals Technologies Group Market Cap?

As of today, Shoals Technologies Group market cap is 1.470B.

What Is the Shoals Technologies Group (SHLS) Share Price Target?

The average 12-month share price target for Shoals Technologies Group is 11.423, with a high estimate of 15 and a low estimate of 8. 8 analysts recommend buying, while 0 suggest selling, with an overall rating of Buy and +29.81% Upside potential.

What Is Shoals Technologies Group's Earnings Per Share (TTM)?

The Shoals Technologies Group EPS (TTM) is 0.23.

When Is the Next Shoals Technologies Group Earnings Date?

Shoals Technologies Group will release its next earnings report on 02-03-2027.

From a Technical Analysis Perspective, Is SHLS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

What Stock Exchange Does Shoals Technologies Group Trade On?

Shoals Technologies Group is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Shoals Technologies Group?

The stock symbol for Shoals Technologies Group is "SHLS."

How Many Times Has Shoals Technologies Group Stock Split?

Shoals Technologies Group has split 0 times.

How Many Employees Does Shoals Technologies Group Have?

Shoals Technologies Group has 1480 employees.

What Is the SHLS Premarket Price?

SHLS's last pre-market stock price is 8.240. The pre-market share volume is 17,870.000, and the stock has changed by 0.110, or 1.350%.

What Is the SHLS After Hours Price?

SHLS's last after hours stock price is 8.890, the stock has changed by 0.090, or 1.020%.
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