Will Executive Stock Sales During Global and Storage Shift Alter the Narrative for Shoals Technologies Group (SHLS)?
Q3 Results and Leadership Changes: Shoals Technologies Group's recent Q3 results highlight their expansion into international markets and battery energy storage, while key executives sold portions of their shares, indicating potential tensions between profitability and long-term growth strategies.
Investment Narrative and Risks: The company's focus on battery energy storage as a growth area raises concerns about execution risks, especially as they face ongoing pricing pressures and legal costs, which could impact their ability to convert backlog into higher-margin revenue.
Revenue Projections: Shoals is projected to achieve $589.7 million in revenue and $80.2 million in earnings by 2028, necessitating a 13.8% annual revenue growth, which may be challenged by current market conditions.
Fair Value Estimates: Current fair value estimates for Shoals range between $10.23 and $11.91, suggesting a potential upside to its current price, but investors should remain cautious of margin compression and rising expenses that could hinder profitability.
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Shoals Technologies Group to Release Q4 and Full Year 2025 Results on February 24, 2026
- 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.

Goldman Sachs Optimistic on U.S. Solar Companies 2026 Outlook, Upgrades ENPH Price Target to $45
- Positive Market Outlook: Goldman Sachs analyst Brian Lee anticipates a roughly 20% year-over-year growth for the U.S. utility-scale market in 2026, as policy uncertainties fade, leading investors to focus on fundamentals, showcasing steady growth and strong bookings momentum.
- ENPH Price Target Upgrade: Goldman upgraded Enphase Energy from Neutral to Buy, raising the price target from $29 to $45, with expectations of benefiting from stronger-than-expected fourth-quarter demand due to market share gains and year-end activities from cash/loan customers ahead of the 25D tax credit expiration.
- Earnings Forecast Increase: Lee raised EPS estimates for Enphase for 2025, 2026, and 2027 to $2.85, $1.89, and $2.76 respectively, reflecting higher revenue projections of $1.47 billion for 2025, up from $1.45 billion previously, indicating robust growth drivers.
- Other Company Highlights: The analyst also noted Array Technologies, Fluence Energy, and Shoals Technologies, with Fluence expected to generate $404 million in first-quarter revenue and Shoals projected to achieve $146 million in fourth-quarter revenue, both indicating strong market demand.






