SHLS icon

Shoals Technologies Group

5.39 USD
-0.19
3.41%
At close Jul 30, 4:00 PM EDT
After hours
5.39
+0.00
0.00%
1 day
-3.41%
5 days
-7.07%
1 month
26.82%
3 months
49.31%
6 months
14.93%
Year to date
-10.91%
1 year
-16.43%
5 years
-82.60%
10 years
-82.60%
 

About: Shoals Technologies Group is a provider of electrical balance of system solutions for solar energy projects, primarily in the United States. EBOS encompasses components that are necessary to carry electric current produced by solar panels to an inverter. The products are sold principally to engineering, procurement, and construction firms that build solar energy projects.

Employees: 1,290

0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 7 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

404% more call options, than puts

Call options by funds: $6.99M | Put options by funds: $1.39M

13% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 63

0.06% less ownership

Funds ownership: 102.46% [Q4 2024] → 102.4% (-0.06%) [Q1 2025]

8% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 50

3% less funds holding

Funds holding: 220 [Q4 2024] → 213 (-7) [Q1 2025]

40% less capital invested

Capital invested by funds: $946M [Q4 2024] → $568M (-$378M) [Q1 2025]

67% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2024] → 1 (-2) [Q1 2025]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$4
26%
downside
Avg. target
$6.10
13%
upside
High target
$7.20
34%
upside

7 analyst ratings

positive
57%
neutral
29%
negative
14%
Barclays
Christine Cho
30%upside
$7
Equal-Weight
Maintained
18 Jul 2025
Jefferies
Julien Dumoulin-Smith
34%upside
$7.20
Buy
Upgraded
7 Jul 2025
Mizuho
Maheep Mandloi
30%upside
$7
Outperform
Maintained
2 Jun 2025
Exane BNP Paribas
Moses Sutton
26%downside
$4
Underperform
Downgraded
15 May 2025
Guggenheim
Joseph Osha
11%upside
$6
Buy
Maintained
9 May 2025

Financial journalist opinion

Based on 6 articles about SHLS published over the past 30 days

Negative
Zacks Investment Research
1 day ago
Analysts Estimate Shoals Technologies Group (SHLS) to Report a Decline in Earnings: What to Look Out for
Shoals Technologies (SHLS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts Estimate Shoals Technologies Group (SHLS) to Report a Decline in Earnings: What to Look Out for
Positive
Zacks Investment Research
2 days ago
Shoals Technologies Group (SHLS) Just Overtook the 20-Day Moving Average
After reaching an important support level, Shoals Technologies Group (SHLS) could be a good stock pick from a technical perspective. SHLS surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
Shoals Technologies Group (SHLS) Just Overtook the 20-Day Moving Average
Positive
Seeking Alpha
2 weeks ago
Shoals Could Be Worth A Look Now After Dropping
Shoals Technologies offers patented plug-and-play solutions that cut labor costs and streamline solar farm construction, supporting a strong industry value proposition. Despite a -76% stock decline since IPO, Shoals has grown revenue and cash flow, with a healthy $645M backlog and improved debt metrics. Margins have compressed, and valuation is now more reasonable, but not significantly cheaper than peers; sector-wide headwinds persist due to high interest rates.
Shoals Could Be Worth A Look Now After Dropping
Positive
Zacks Investment Research
2 weeks ago
Are Investors Undervaluing Shoals Technologies Group (SHLS) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Are Investors Undervaluing Shoals Technologies Group (SHLS) Right Now?
Neutral
GlobeNewsWire
3 weeks ago
Shoals Technologies Group Expands into South American Market with Alcones Solar Project in Chile with CJR Renewables
Shoals Technologies Group, Inc. (Nasdaq: SHLS) announced the execution of a contract with CJR Renewables to deliver its innovative Big Lead Assembly (BLA).
Shoals Technologies Group Expands into South American Market with Alcones Solar Project in Chile with CJR Renewables
Neutral
GlobeNewsWire
3 weeks ago
Shoals Technologies Group, Inc. Announces Second Quarter 2025 Earnings Release Date and Conference Call
PORTLAND, Tenn., July 07, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its second quarter 2025 results before market open on Tuesday, August 5, 2025, to be followed by a conference call at 8:00 a.m.
Shoals Technologies Group, Inc. Announces Second Quarter 2025 Earnings Release Date and Conference Call
Neutral
GlobeNewsWire
4 weeks ago
Shoals Technologies Group, Inc. Announces Battery Energy Storage Systems (“BESS”) Webinar
PORTLAND, Tenn., June 30, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a global leader in electrical balance of systems (“EBOS”) solutions for the energy transition market, announced today that it has released a webinar on the subject of Battery Energy Storage Systems (“BESS”), followed by Q&A.
Shoals Technologies Group, Inc. Announces Battery Energy Storage Systems (“BESS”) Webinar
Positive
Zacks Investment Research
1 month ago
Shoals Technologies Group (SHLS) Now Trades Above Golden Cross: Time to Buy?
After reaching an important support level, Shoals Technologies Group, Inc. (SHLS) could be a good stock pick from a technical perspective. SHLS recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.
Shoals Technologies Group (SHLS) Now Trades Above Golden Cross: Time to Buy?
Neutral
GlobeNewsWire
1 month ago
Shoals Technologies Group, Inc. Appoints Industry Veteran, Bobbie L. King, Jr., as Chief Legal Officer
PORTLAND, Tenn., June 16, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”), a leading provider of electrical balance of system solutions for the global energy transition market, announced today that it has further strengthened its executive team with the addition of Bobbie L.
Shoals Technologies Group, Inc. Appoints Industry Veteran, Bobbie L. King, Jr., as Chief Legal Officer
Neutral
Seeking Alpha
2 months ago
Shoals Technologies Group, Inc. (SHLS) Q1 2025 Earnings Call Transcript
Shoals Technologies Group, Inc. (NASDAQ:SHLS ) Q1 2025 Earnings Conference Call May 6, 2025 8:00 AM ET Company Participants Matt Tractenberg - VP, Finance & IR Brandon Moss - CEO Dominic Bardos - CFO Conference Call Participants Michael Fairbanks - JPMorgan Brian Lee - Goldman Sachs Colin Rusch - Oppenheimer Philip Shen - ROTH Capital Partners Maheep Mandloi - Mizuho Mo Chen - Truist Securities Praneeth Satish - Wells Fargo Derek Soderberg - Cantor Fitzgerald Kashy Harrison - Piper Sandler Operator Good morning, and welcome to the Shoals Technologies Group First Quarter 2025 Earnings Conference Call. Today's call is being recorded and we have allocated 1 hour for prepared remarks and Q&A.
Shoals Technologies Group, Inc. (SHLS) Q1 2025 Earnings Call Transcript
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