Shoals Technologies Group, Inc. Names Experienced Finance Executive David Van Bibber as Chief Accounting Officer
Appointment of Chief Accounting Officer: Shoals Technologies Group has appointed David Van Bibber as Chief Accounting Officer, enhancing its executive team with his extensive experience in accounting and finance.
David Van Bibber's Background: With over 25 years in leadership roles across various manufacturing sectors, David previously served as Controller and Chief Accounting Officer at Haynes International, Inc.
Impact on Shoals' Growth: CFO Dominic Bardos expressed confidence that David's expertise will strengthen the finance organization and support scalable processes as Shoals continues to grow.
Company Overview: Shoals Technologies Group specializes in electrical balance of system solutions for the energy transition market, recognized for its innovative technologies that improve installation efficiency and system performance.
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- Legal Investigation Launched: Halper Sadeh LLC is investigating whether certain officers and directors of Shoals Technologies Group Inc. breached their fiduciary duties to shareholders, potentially leading to corporate governance reforms and fund recovery.
- Shareholder Rights Protection: Long-term shareholders of Shoals stock may seek court-approved financial incentive awards or other relief measures, enhancing the company's transparency and accountability.
- Legal Fee Arrangement: The firm will handle the case on a contingent fee basis, meaning shareholders will not be responsible for out-of-pocket legal fees or expenses, reducing the financial burden of participation.
- Improving Corporate Governance: Shareholder involvement can drive improvements in company policies, practices, and oversight mechanisms, thereby enhancing shareholder value, with Halper Sadeh LLC having extensive experience in securities fraud and corporate misconduct.
- Initial Patent Ruling: On February 6, an administrative law judge at the U.S. International Trade Commission ruled that Voltage LLC violated Section 337 of the Tariff Act of 1930 by infringing Shoals' patents, allowing Shoals to maintain its competitive edge in the market.
- Positive Market Reaction: This news led to a 1.9% increase in Shoals Technologies (SHLS) stock during Monday's trading, reflecting investor optimism regarding the company's future prospects.
- Potential Impact: If the ITC upholds the ruling, it would prevent Voltage from unlawfully importing LYNX trunk bus products that infringe on Shoals' intellectual property, thereby protecting Shoals' market share and profitability.
- Analyst Outlook: Goldman Sachs analysts reiterated a Buy rating on Shoals, although they cautioned that Voltage might appeal the ruling, potentially creating a 12-18 month overhang for the company.
- Initial Patent Ruling: The U.S. International Trade Commission (ITC) ruled that Voltage violated Section 337 of the Tariff Act of 1930 by importing LYNX trunk bus products, confirming that Voltage infringed Shoals' patents, which underscores the strength of U.S. intellectual property protections.
- Significance of Innovation Protection: Shoals' CEO Brandon Moss stated that this ruling is a significant step towards protecting American innovation and the domestic energy supply chain, emphasizing the importance of intellectual property protection for U.S. energy security.
- Future Ruling Expectations: The ITC's final determination is expected by June 2026, and if the initial ruling is upheld, it will prevent Voltage from unlawfully importing products that infringe on Shoals' intellectual property, further solidifying Shoals' market position.
- Ongoing Legal Battles: Shoals is also pursuing an appeal related to another patent ruling at the ITC, demonstrating the company's strong commitment to protecting its intellectual property and aiming to maintain its leadership in the electrical infrastructure sector.
- Investor Event Schedule: Shoals Technologies Group will participate in a Guggenheim virtual fireside chat on February 26, 2026, where CEO Brandon Moss and CFO Dominic Bardos will engage with analyst Joe Osha, aiming to attract potential investors and enhance company visibility.
- Clean Energy Conference: On March 3, 2026, Shoals will host in-person investor meetings at the Jefferies Power, Utilities, and Clean Energy Conference in New York, where the CEO and VP of Finance Matt Tractenberg will directly engage with investors, further strengthening market connections.
- Annual Conference Participation: Shoals will attend the Roth Annual Conference on March 24, 2026, with CFO Dominic Bardos and Investor Relations Manager Corbin Smith conducting in-person meetings, showcasing the company's leadership in electrical infrastructure and attracting more investor interest.
- Virtual Webinar: On March 31, 2026, Shoals will co-host a BESS virtual webinar with Barclays, aimed at introducing its BESS products and market pathways to the public, enhancing brand awareness and demonstrating competitive advantages.

- Earnings Release Schedule: Shoals Technologies Group plans to announce its fourth quarter and full year 2025 financial results before market open on February 24, 2026, which is expected to provide investors with critical performance data and future outlook.
- Conference Call Timing: Following the earnings release, the company will hold a conference call at 8:00 a.m. (Eastern Time) on the same day, aimed at discussing financial results and strategic direction with investors and stakeholders.
- Webcast Access: Investors can access the live webcast of the earnings release through the Investor Relations section of the company's website, ensuring transparency and enhancing interaction with investors.
- Company Background: Since its founding in 1996, Shoals Technologies Group has become a leading manufacturer of electrical infrastructure solutions, focusing on utility-scale solar, battery storage, and data center power systems, driving advancements in the energy transition industry.





