SHLS Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

144.66M

+35.21%

0.141

+75.86%

118.82M

+47.86%

0.098

+225.17%

135.27M

+22.04%

0.121

+20.88%

Estimates Revision

The market is revising Upward the revenue expectations for Shoals Technologies Group, Inc. (SHLS) for FY2025, with the revenue forecasts being adjusted by 2.57% over the past three months. During the same period, the stock price has changed by -1.14%.

Revenue Estimates for FY2025

Revise Upward

+2.57%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-1%

In Past 3 Month

Stock Price

Go Down

-1.14%

In Past 3 Month

14 Analyst Rating

Wall Street analysts forecast SHLS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SHLS is 11.01 USD with a low forecast of 7.00 USD and a high forecast of 15.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

13 Buy

1 Hold

0 Sell

Strong Buy

Current: 0.000

Low

7.00

Averages

11.01

High

15.00

Current: 0.000

Low

7.00

Averages

11.01

High

15.00

Morgan Stanley

Overweight -> Equal Weight

downgrade

$11

2025-12-16

Reason

Morgan Stanley

Price Target

$11

2025-12-16

downgrade

Overweight -> Equal Weight

Reason

Morgan Stanley downgraded Shoals Technologies to Equal Weight from Overweight with a price target of $9.50, down from $11. The firm adjusted ratings in the clean technology space as part of its 2026 outlook. Demand fundamentals should "reemerge as the driving force" for the sector in 2026 amid improved policy clarity, the analyst tells investors in a research note. Morgan Stanley is bullish on data center growth, which is believes creates constructive outlooks on gas, solar, storage, and fuel cells. It cites pricing competition and potential market share challenges for the downgrade of Shoals.

Guggenheim

Joseph Osha

Buy

maintain

$8 -> $12

2025-11-11

Reason

Guggenheim

Joseph Osha

Price Target

$8 -> $12

2025-11-11

maintain

Buy

Reason

Guggenheim analyst Joseph Osha raised the firm's price target on Shoals Technologies to $12 from $8 and keeps a Buy rating on the shares following the company's release of its Q3 results last week. The firm views its revised target EBITDA multiple of 15.9-times its 2026 estimates as "moderately extended," but also notes that consensus expectations for 2026 "appear to be too low" based on its recent conversations with the company, the analyst tells investors.

Mizuho

Neutral

maintain

$6 -> $7

2025-11-07

Reason

Mizuho

Price Target

$6 -> $7

2025-11-07

maintain

Neutral

Reason

Mizuho raised the firm's price target on Shoals Technologies to $7 from $6 and keeps a Neutral rating on the shares.

Goldman Sachs

Brian Lee

Buy

maintain

$8 -> $11

2025-11-05

Reason

Goldman Sachs

Brian Lee

Price Target

$8 -> $11

2025-11-05

maintain

Buy

Reason

Goldman Sachs analyst Brian Lee raised the firm's price target on Shoals Technologies to $11 from $8 and keeps a Buy rating on the shares. Shoals beat top-line expectations and raised 2025 revenue guidance for a second consecutive quarter, though higher opex kept EBITDA guidance unchanged, the analyst tells investors in a research note. While Q4 margins are expected to improve, medium-term visibility on margins and contributions from newer areas like BESS for data centers remains limited, though momentum across new initiatives suggests Shoals is on pace to meet or surpass prior topline targets, the firm says.

Roth Capital

Buy

maintain

$10 -> $15

2025-11-05

Reason

Roth Capital

Price Target

$10 -> $15

2025-11-05

maintain

Buy

Reason

Roth Capital raised the firm's price target on Shoals Technologies to $15 from $10 and keeps a Buy rating on the shares. The company delivered a mixed Q3 but a healthy implied Q4 guide, the analyst tells investors in a research note. While BESS - battery energy storage solutions - and datacenter remain attractive opportunities, the company's core solar business continues to perform well, Roth added.

UBS

Buy

maintain

$9 -> $12

2025-11-05

Reason

UBS

Price Target

$9 -> $12

2025-11-05

maintain

Buy

Reason

UBS raised the firm's price target on Shoals Technologies to $12 from $9 and keeps a Buy rating on the shares. Shoals reported Q3 adjusted EBITDA below consensus expectations and highlighted its record backlog of $721M, including $18M of orders for battery storage and data center products, the analyst tells investors in a research note. Shoals' record backlog further underscores the scale of demand for clean energy generating projects driven by load growth from data centers and large technology companies, UBS says.

Valuation Metrics

The current forward P/E ratio for Shoals Technologies Group Inc (SHLS.O) is 18.25, compared to its 5-year average forward P/E of 40.25. For a more detailed relative valuation and DCF analysis to assess Shoals Technologies Group Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

40.25

Current PE

18.25

Overvalued PE

71.73

Undervalued PE

8.78

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

20.87

Current EV/EBITDA

13.13

Overvalued EV/EBITDA

32.04

Undervalued EV/EBITDA

9.69

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

5.76

Current PS

2.78

Overvalued PS

9.33

Undervalued PS

2.20

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds areBuying! The buying amount has increased 1800.39% over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

SHLS News & Events

Events Timeline

No data

News

7.0

2025-12-24PRnewswire

Halper Sadeh Investigates Shoals Technologies for Potential Fiduciary Breaches

9.5

2025-12-07Yahoo Finance

Will Executive Stock Sales During Global and Storage Shift Alter the Narrative for Shoals Technologies Group (SHLS)?

4.0

2025-12-04NASDAQ.COM

Daily Upgrade Report for Validea's Peter Lynch Strategy - December 4, 2025

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Frequently Asked Questions

What is Shoals Technologies Group Inc (SHLS) stock price today?

The current price of SHLS is 8.66 USD — it has increased 0.7 % in the last trading day.

What is Shoals Technologies Group Inc (SHLS)'s business?

Shoals Technologies Group, Inc. is a 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. It encompasses all the components that are necessary to carry the electric current produced by solar panels to an inverter and ultimately to the power grid. It designs, manufactures and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions; homeruns, interconnection and extension solutions; combiners and re-combiners; load break disconnects and transition solutions; wireless performance monitoring; and BESS. Solar BLA solutions offers a range of plug-and-play cable and cabinet solutions that harness the power of solar energy. Load break disconnects and transition solutions provide solutions to reduce feeder sizes or disconnect systems for maintenance and shutdowns.

What is the price predicton of SHLS Stock?

What is Shoals Technologies Group Inc (SHLS)'s revenue for the last quarter?

Shoals Technologies Group Inc revenue for the last quarter amounts to 135.80M USD, increased 32.93 % YoY.

What is Shoals Technologies Group Inc (SHLS)'s earnings per share (EPS) for the last quarter?

Shoals Technologies Group Inc. EPS for the last quarter amounts to 0.07 USD, decreased % YoY.

What changes have occurred in the market's expectations for Shoals Technologies Group Inc (SHLS)'s fundamentals?

How many employees does Shoals Technologies Group Inc (SHLS). have?

Shoals Technologies Group Inc (SHLS) has 1290 emplpoyees as of January 10 2026.

What is Shoals Technologies Group Inc (SHLS) market cap?

Today SHLS has the market capitalization of 1.45B USD.