Shoals Technologies GroupSHLS
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: 1,309
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
120% more call options, than puts
Call options by funds: $16.1M | Put options by funds: $7.33M
1% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 82
6% less funds holding
Funds holding: 244 [Q2] → 230 (-14) [Q3]
19.07% less ownership
Funds ownership: 121.9% [Q2] → 102.84% (-19.07%) [Q3]
23% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 52
26% less capital invested
Capital invested by funds: $1.3B [Q2] → $960M (-$336M) [Q3]
100% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 0 (-2) [Q3]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Oppenheimer Colin Rusch 32% 1-year accuracy 12 / 38 met price target | 148%upside $10 | Outperform Maintained | 28 Jan 2025 |
Mizuho Maheep Mandloi 20% 1-year accuracy 4 / 20 met price target | 49%upside $6 | Outperform Maintained | 24 Jan 2025 |
JP Morgan Paul Coster 33% 1-year accuracy 2 / 6 met price target | 148%upside $10 | Overweight Maintained | 23 Jan 2025 |
Goldman Sachs Brian Lee 38% 1-year accuracy 31 / 81 met price target | 98%upside $8 | Buy Maintained | 22 Jan 2025 |
Barclays Christine Cho 52% 1-year accuracy 29 / 56 met price target | 1%downside $4 | Equal-Weight Maintained | 17 Jan 2025 |
Financial journalist opinion
Based on 3 articles about SHLS published over the past 30 days









