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SHLS Stock Chart & Stats
$9.39
>-$0.01(-0.05%)
At close: 4:00 PM EDT
$9.39
>-$0.01(-0.05%)
Day’s Range― - ―
52-Week Range$4.43 - $13.18
Previous Close$9.4
Volume4.02M
Average Volume (3M)5.57M
Market Cap
$1.47B
Enterprise Value$1.32K
Total Cash (Recent Filing)$1.88M
Total Debt (Recent Filing)$219.55M
Price to Earnings (P/E)43.6
Beta0.92
Next Earnings
Aug 04, 2026EPS Estimate
0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.20
Shares Outstanding167,771,820
10 Day Avg. Volume5,841,918
30 Day Avg. Volume5,574,780
Financial Highlights & Ratios
PEG Ratio0.99
Price to Book (P/B)2.37
Price to Sales (P/S)2.99
P/FCF Ratio-88.99
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$11.61Price Target Upside23.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
EPS Forecast (FY)0.41
Revenue Forecast (FY)$625.91M
Bulls Say, Bears Say
Bulls Say
Record Backlog & Demand VisibilityA record $758M BLAO, with roughly $628M deliverable over the next four quarters, provides durable revenue visibility tied to multi-quarter project pipelines. This reduces near-term demand risk, supports capacity planning, and underpins management’s raised FY26 revenue and EBITDA guidance.
Product And Market DiversificationExpanding into BESS, international markets and OEM channels diversifies end markets beyond U.S. utility-scale PV. A growing BESS backlog, first revenues, an ON.energy partnership and rising international/OEM activity reduce single-market dependency and create multiple durable growth vectors.
Improving Profitability LeverageMaterial EBITDA and gross profit dollar expansion plus lower SG&A intensity show scalable economics as revenue ramps. Sustained operating leverage can drive higher sustainable margins and cash generation once transient cost headwinds abate, supporting long-term profitability improvement.
Bears Say
Weak Cash GenerationNegative TTM operating and free cash flow signal weak cash conversion despite reported profits. Persistent cash deficits strain liquidity, force reliance on external financing or inventory financing, and heighten execution risk if project timing, working capital or capex needs remain elevated.
Rising Absolute Debt LevelsTotal debt rising materially over recent periods increases financial fixed costs and reduces cushion against cash-flow volatility. Higher net debt (and net debt/adjusted EBITDA ~1.6x) limits optionality for investments and raises refinancing and covenant sensitivity if cash generation does not recover.
Margin Compression And Cost ExposureStructural exposure to tariffs, freight/logistics and product-mix swings can keep gross and EBITDA margins under pressure. Combined with legal and facility-transition costs, these persistent cost vectors could limit margin recovery and require sustained pricing or efficiency gains to restore prior margins.
Shoals Technologies Group News
SHLS FAQ
What was Shoals Technologies Group, Inc.’s price range in the past 12 months?
Shoals Technologies Group, Inc. lowest stock price was $4.43 and its highest was $13.18 in the past 12 months.
What is Shoals Technologies Group, Inc.’s market cap?
Shoals Technologies Group, Inc.’s market cap is $1.47B.
When is Shoals Technologies Group, Inc.’s upcoming earnings report date?
Shoals Technologies Group, Inc.’s upcoming earnings report date is Aug 04, 2026 which is tomorrow.
How were Shoals Technologies Group, Inc.’s earnings last quarter?
Shoals Technologies Group, Inc. released its earnings results on May 05, 2026. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.062 by $0.008.
Is Shoals Technologies Group, Inc. overvalued?
According to Wall Street analysts Shoals Technologies Group, Inc.’s price is currently Undervalued.
Does Shoals Technologies Group, Inc. pay dividends?
Shoals Technologies Group, Inc. does not currently pay dividends.
What is Shoals Technologies Group, Inc.’s EPS estimate?
Shoals Technologies Group, Inc.’s EPS estimate is 0.1.
How many shares outstanding does Shoals Technologies Group, Inc. have?
Shoals Technologies Group, Inc. has 167,771,820 shares outstanding.
What happened to Shoals Technologies Group, Inc.’s price movement after its last earnings report?
Shoals Technologies Group, Inc. reported an EPS of $0.07 in its last earnings report, beating expectations of $0.062. Following the earnings report the stock price went down -1.693%.
Which hedge fund is a major shareholder of Shoals Technologies Group, Inc.?
Currently, no hedge funds are holding shares in SHLS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Shoals Technologies Group Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$11.61 (23.61% Upside)
$11.61 (23.61% Upside)
Blogger Sentiment
Bullish
SHLS Sentiment 75%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $565.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 2.9%
Last 30 Days ▲ 2.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
67.37%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
30.75%
Trailing 12-Months
Company Description
Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc. provides Electrical Balance of System (EBOS) solutions designed for solar power projects throughout the United States. The company manufactures a wide array of EBOS components, including various cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, specialized transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. Additionally, Shoals offers EV Charging solutions for both public and fleet electric vehicle charging infrastructure, alongside its core EBOS systems. Its primary customers are engineering, procurement, and construction (EPC) firms responsible for developing solar energy installations and deploying electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and maintains its headquarters in Portland, Tennessee.
SHLS Company Deck
SHLS Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was broadly positive: Shoals reported exceptional top-line growth (Q1 revenue +75% YoY), record backlog ($758M), strong adjusted EBITDA and adjusted net income expansion, and raised full-year guidance. These operational wins are balanced by near-term margin pressure driven by product mix, tariffs, freight, temporary labor inefficiencies related to a major facility move, elevated legal expenses, and a deliberate inventory build that consumed cash. Management expects margins to trough in Q1 and improve sequentially through the year, with the raised guidance reflecting confidence in demand and execution despite transitory headwinds.View all SHLS earnings summariesSHLS Stock 12 Month Forecast
Average Price Target
$11.61
▲(23.61% Upside)
Technical Analysis
Ownership Overview
1.95% Insiders
26.78% Mutual Funds
4.32% Other Institutional Investors
31.72% Public Companies and
Individual Investors