Shoals Technologies Group (SHLS)
NASDAQ:SHLS
SHLS Stock Chart & Stats
$6.85
-$0.17(-2.72%)
At close: 4:00 PM EST
$6.85
-$0.17(-2.72%)
Day’s Range― - ―
52-Week Range$2.92 - $11.36
Previous CloseN/A
Volume984.88K
Average Volume (3M)5.66M
Market Cap
$1.15B
Enterprise Value$1.32B
Total Cash (Recent Filing)$7.32M
Total Debt (Recent Filing)$175.41M
Price to Earnings (P/E)42.3
Beta0.71
Next Earnings
May 12, 2026EPS Estimate
0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.10
Shares Outstanding167,450,320
10 Day Avg. Volume4,245,837
30 Day Avg. Volume5,657,157
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 Cap1.15
Enterprise Value/Revenue2.77
Enterprise Value/Gross Profit7.90
Enterprise Value/Ebitda18.62
Forecast
1Y Price Target
$9.67Price Target Upside41.12% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
EPS Forecast (FY)0.4
Revenue Forecast (FY)$586.49M
Bulls Say, Bears Say
Bulls Say
Battery Energy Storage BacklogAnalyst cites a strong backlog and awarded orders in battery energy storage as support for healthy future revenue growth and improved project visibility.
Expansion Into Data Center And AI MarketsAnalyst highlights expansion into data centers and AI-related product categories as a potential growth driver beyond the company’s current core markets.
Market Share StrategyAnalyst notes management is prioritizing market share gains by ramping production capacity and favoring volume over margins, which could deepen customer relationships and expand scale.
Bears Say
Competitive And Pricing PressureAnalyst notes increased competition and pricing pressure that could further compress margins and erode market share gains.
Conversion Risk In Energy Storage BacklogAnalyst flags conversion risk in the energy storage backlog that could delay revenue recognition and increase uncertainty for expected sales.
Margin Headwinds From Costs And ProductionAnalyst warns that tariff-related costs, transitional inefficiencies from operating multiple facilities, higher plant overhead, and logistics expenses are compressing gross margins and reducing profitability.
Shoals Technologies Group News
SHLS FAQ
What was Shoals Technologies Group’s price range in the past 12 months?
Shoals Technologies Group lowest stock price was $2.92 and its highest was $11.36 in the past 12 months.
What is Shoals Technologies Group’s market cap?
Shoals Technologies Group’s market cap is $1.15B.
When is Shoals Technologies Group’s upcoming earnings report date?
Shoals Technologies Group’s upcoming earnings report date is May 12, 2026 which is in 47 days.
How were Shoals Technologies Group’s earnings last quarter?
Shoals Technologies Group released its earnings results on Feb 24, 2026. The company reported $0.1 earnings per share for the quarter, missing the consensus estimate of $0.134 by -$0.034.
Is Shoals Technologies Group overvalued?
According to Wall Street analysts Shoals Technologies Group’s price is currently Undervalued.
Does Shoals Technologies Group pay dividends?
Shoals Technologies Group does not currently pay dividends.
What is Shoals Technologies Group’s EPS estimate?
Shoals Technologies Group’s EPS estimate is 0.06.
How many shares outstanding does Shoals Technologies Group have?
Shoals Technologies Group has 167,450,320 shares outstanding.
What happened to Shoals Technologies Group’s price movement after its last earnings report?
Shoals Technologies Group reported an EPS of $0.1 in its last earnings report, missing expectations of $0.134. Following the earnings report the stock price went down -30.96%.
Which hedge fund is a major shareholder of Shoals Technologies Group?
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
Outperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$9.67 (41.12% Upside)
$9.67 (41.12% Upside)
Blogger Sentiment
Bullish
SHLS Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 862.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 6.6%
Last 30 Days ▲ 6.6%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
88.51%
12-Months-Change
Fundamentals
Return on Equity
5.78%
Trailing 12-Months
Asset Growth
14.87%
Trailing 12-Months
Company Description
Shoals Technologies Group
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It produces EBOS components, including cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. The company also sells EV Charging solutions for public and fleet electric vehicle charging stations; and EBOS systems. It sells its products principally to engineering, procurement, and construction firms that build solar energy projects and install electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.
SHLS Company Deck
SHLS Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a balanced picture: strong top‑line growth, record backlog, rapid expansion into BESS, international and OEM channels, and clear revenue guidance for 2026 are material positives. Offsetting these are compressed margins, significant and ongoing legal expenses, tariff headwinds, short‑term cash and free‑cash‑flow pressure, and transitional inefficiencies from the factory consolidation. Management framed margin compression as partly transitory and emphasized strategy to prioritize profitable growth and cash generation while scaling new markets.View all SHLS earnings summariesSHLS Stock 12 Month Forecast
Average Price Target
$9.67
▲(41.12% Upside)
Technical Analysis
Ownership Overview
1.87% Insiders
23.17% Mutual Funds
24.04% Other Institutional Investors
20.90% Public Companies and
Individual Investors