Shoals Technologies GroupSHLS
SHLS
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 7,457 funds
0
Analysts bullish %
of 9 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
15% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 61
0.68% less ownership
Funds ownership: 102.42% [Q4 2024] → 101.74% (-0.68%) [Q1 2025]
5% less funds holding
Funds holding: 219 [Q4 2024] → 208 (-11) [Q1 2025]
10% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 50
40% less capital invested
Capital invested by funds: $945M [Q4 2024] → $564M (-$381M) [Q1 2025]
67% less funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 1 (-2) [Q1 2025]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$3.40
30%
downside
Avg. target
$5.49
13%
upside
High target
$7
44%
upside
9 analyst ratings
5 positive
56%
3 neutral
33%
1 negative
11%
Exane BNP Paribas Moses Sutton 0% 1-year accuracy 0 / 1 met price target | 18%downside $4 | Underperform Downgraded | 15 May 2025 |
Guggenheim Joseph Osha 60% 1-year accuracy 30 / 50 met price target | 23%upside $6 | Buy Maintained | 9 May 2025 |
Goldman Sachs Brian Lee 48% 1-year accuracy 41 / 86 met price target | 23%upside $6 | Buy Maintained | 7 May 2025 |
Citigroup Vikram Bagri 33% 1-year accuracy 4 / 12 met price target | 13%upside $5.50 | Neutral Maintained | 7 May 2025 |
Jefferies Julien Dumoulin-Smith 61% 1-year accuracy 51 / 84 met price target | 30%downside $3.40 | Hold Maintained | 12 Mar 2025 |
Financial journalist opinion
Based on 9 articles about SHLS published over the past 30 days
Neutral
Seeking Alpha
1 week 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.
Negative
Zacks Investment Research
1 week ago
Shoals Technologies Group (SHLS) Lags Q1 Earnings Estimates
Shoals Technologies Group (SHLS) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.07 per share a year ago.
Positive
Green Stock News
1 week ago
Surf Air Mobility ($SRFM) | Shoals Technologies ($SHLS) | ARRAY ($ARRY) | Canadian Solar ($CSIQ)
Welcome to the Green Stock News brief for Tuesday May 6th. Here are today's top headlines: Surf Air Mobility (NYSE: SRFM) announced that its subsidiary, Mokulele Airlines, has entered an interline agreement with Japan Airlines, enabling streamlined booking for travelers connecting through Honolulu to multiple Hawaiian destinations.
Neutral
GlobeNewsWire
1 week ago
Shoals Technologies Group, Inc. Reports Financial Results for First Quarter 2025
– Quarterly Revenue of $80.4 million – – Gross Margin of 35.0% – – Net Loss of $(0.3) million – – Adjusted EBITDA1 of $12.8 million – – Backlog and Awarded Orders Increased 5% Year-Over-Year to $645.1 million – – Provides Second Quarter and Full Year 2025 Outlook – PORTLAND, Tenn., May 06, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions and components, including battery energy storage solutions (“BESS”) and Original Equipment Manufacturer (“OEM”) components for the global energy transition market, today announced results for its first quarter ended March 31, 2025.
Neutral
GlobeNewsWire
1 week ago
Shoals Technologies Group, UGT Renewables and Sun Africa Announce Collaboration on up to 12GW of Solar Projects
PORTLAND, Tenn., May 05, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announced today the execution of a Memorandum of Understanding (MOU) with UGT Renewables to collaborate on up to 12 gigawatts (GW) of global solar projects currently in UGT Renewables' development pipeline.
Positive
Zacks Investment Research
2 weeks ago
Shoals Technologies Group (SHLS) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Shoals Technologies (SHLS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Seeking Alpha
2 weeks ago
The Bottom Fishing Club - Shoals Technologies: American Made Solar Play
Solar-related stocks with comprehensive U.S. production have rebounded in April, after being oversold on Trump election fears. Shoals Technologies manufactures patented/proprietary parts for wiring solar panels, setting up energy-efficient battery storage, and connecting to the utility grid, with expanding production in Alabama/Tennessee. Analysts are forecasting an upturn in business for SHLS during 2025-26, with a nearly 12% free cash flow yield available upfront for new investors.
Positive
Zacks Investment Research
3 weeks ago
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Neutral
GlobeNewsWire
3 weeks ago
Shoals Technologies Group, Inc. Announces Participation in Upcoming Events for the Investor Community
PORTLAND, Tenn., April 23, 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 its participation in the following upcoming investor events: May 8, 2025: Mizuho Virtual Fireside Chat Shoals' CEO, Brandon Moss, will participate in a fireside chat with covering analyst Maheep Mandloi.
Negative
Benzinga
1 month ago
Hyatt Hotels, THOR Industries And Other Big Stocks Moving Lower On Monday
U.S. stocks were higher, with the Nasdaq Composite gaining over 200 points on Monday.
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