Shoals Technologies Group (SHLS)
NASDAQ:SHLS
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SHLS Stock Chart & Stats
$7.16
-$0.17(-2.72%)
At close: 4:00 PM EST
$7.16
-$0.17(-2.72%)
Day’s Range― - ―
52-Week Range$3.65 - $11.36
Previous CloseN/A
Volume984.88K
Average Volume (3M)4.69M
Market Cap
$1.39B
Enterprise Value$1.58B
Total Cash (Recent Filing)$7.32M
Total Debt (Recent Filing)$175.41M
Price to Earnings (P/E)43.8
Beta0.55
Next Earnings
Aug 11, 2026EPS Estimate
0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.20
Shares Outstanding167,771,820
10 Day Avg. Volume6,243,910
30 Day Avg. Volume4,690,459
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 Cap1.14
Enterprise Value/Revenue3.33
Enterprise Value/Gross Profit9.50
Enterprise Value/Ebitda22.40
Forecast
1Y Price Target
$9.67Price Target Upside35.01% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
EPS Forecast (FY)0.4
Revenue Forecast (FY)$585.99M
Bulls Say, Bears Say
Bulls Say
Battery Energy Storage BacklogA strong backlog and newly awarded orders in battery energy storage projects provide a visible pipeline that could underpin revenue growth as projects progress to delivery.
Data Center And Artificial Intelligence ExpansionExpansion into product categories tied to data centers and artificial intelligence markets offers diversification and potential upside beyond the company's core revenue streams.
Market Share StrategyManagement prioritizing market share gains by ramping production capacity could drive volume growth, deepen customer relationships, and strengthen competitive position.
Bears Say
Backlog Conversion RiskConversion risk in the energy storage backlog could delay revenue recognition and increase near-term uncertainty about the revenue trajectory.
Product Mix And Margin CompressionA shift toward lower-margin offerings and a heavier international project mix may compress gross margins and reduce overall profitability.
Transitional Production And Cost PressuresOperating multiple facilities during a factory transition combined with tariffs, elevated logistics, and higher labor costs may create inefficiencies and raise expenses, pressuring margins.
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 $3.65 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 $1.39B.
When is Shoals Technologies Group’s upcoming earnings report date?
Shoals Technologies Group’s upcoming earnings report date is Aug 11, 2026 which is in 97 days.
How were Shoals Technologies Group’s earnings last quarter?
Shoals Technologies Group 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 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 0.1.
How many shares outstanding does Shoals Technologies Group have?
Shoals Technologies Group has 167,771,820 shares outstanding.
What happened to Shoals Technologies Group’s price movement after its last earnings report?
Shoals Technologies Group 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 -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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$9.67 (35.01% Upside)
$9.67 (35.01% 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
Positive
Last 7 Days <0.1%
Last 30 Days ▲ 3.6%
Last 30 Days ▲ 3.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
111.83%
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
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
$9.67
▲(35.01% Upside)
Technical Analysis
Ownership Overview
1.96% Insiders
24.69% Mutual Funds
5.22% Other Institutional Investors
38.22% Public Companies and
Individual Investors