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SHLS Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
6.620
Open
6.250
VWAP
6.48
Vol
3.86M
Mkt Cap
1.05B
Low
6.240
Amount
25.04M
EV/EBITDA(TTM)
13.14
Total Shares
167.77M
EV
1.18B
EV/OCF(TTM)
69.02
P/S(TTM)
2.21
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.
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Events Timeline

(ET)
2026-02-24
16:40:00
Major Averages Bounce Back, Investors Focus on AI News
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News

Newsfilter
1.0
03-30Newsfilter
Shoals Technologies Group to Participate in BESS Webinar
  • Webinar Participation: Shoals Technologies Group will participate in a BESS virtual webinar hosted by Barclays on March 31, 2026, featuring President Jeff Tolnar and Product Line Manager Kishan Ponnadurai, aimed at providing investors with in-depth information about BESS products.
  • Market Pathways and Competitive Edge: The webinar will focus on Shoals' BESS products and their pathways to market, helping investors understand the company's competitive advantages in the electrical infrastructure solutions sector, thereby reinforcing its leadership in the energy transition market.
  • Public Engagement Opportunity: The webinar is open to the public, providing a direct communication opportunity with company executives, which is expected to attract investors and industry participants interested in Shoals' products and market dynamics, enhancing interaction between the company and its investors.
  • Company Background Overview: Since its founding in 1996, Shoals Technologies Group has focused on providing advanced electrical infrastructure solutions for utility-scale solar, battery storage, and data center power systems, aiming to improve installation efficiency and system reliability, establishing itself as a recognized leader in the energy transition industry.
CNBC
6.5
03-19CNBC
AI Sparks Potential Blue-Collar Renaissance Amid Job Disruption Fears
  • Blue-Collar Employment Revival: Oppenheimer analysts suggest that while AI may rapidly displace white-collar jobs, it could simultaneously drive demand for blue-collar roles, particularly in manufacturing, with employment projected to remain below pre-pandemic levels by 2026.
  • Investment Theme Analysis: Oppenheimer outlined five investable themes, including the physical-to-digital connection, emphasizing the value of sensors and data pipelines, with companies in this space expected to benefit from automation trends, including Aeva Technologies and Tesla.
  • Automation Tools Opportunity: The analysts identified automation tools that can reskill transitioning workforces, recommending companies like Caterpillar and Rockwell Automation, which enhance worksite experiences through task automation and AI agents.
  • Autonomous Systems Development: Oppenheimer also highlighted companies supporting autonomous physical systems, such as Mobileye Global and Aurora Innovation, noting that as fully autonomous solutions are commercialized, human roles will still be essential for remote monitoring and maintenance to ensure safety and problem resolution.
Barron's
4.0
03-02Barron's
Forgent Rises on Positive Initiations Linked to Data Center Demand
  • Stock Performance: Forgent Power Solutions shares rose nearly 6% on Monday, reflecting positive market sentiment.

  • Analyst Coverage: Four Wall Street firms initiated coverage with bullish ratings, contributing to the stock's upward trend.

  • IPO Gains: The stock has increased over 30% since its initial public offering price of $27.

  • Current Trading Price: Forgent Power Solutions is currently trading around $35.

Barron's
9.5
02-28Barron's
Solar Stocks Plummeted This Week: Reasons for Ongoing Challenges.
  • Earnings Decline: Three solar stocks dropped over 30% after disappointing earnings reports, with a fourth stock falling 14%, indicating financial struggles in the industry.
  • Industry Challenges: The solar sector is facing significant challenges, including tariff impacts on profit margins, unfavorable federal energy policies, and weaker-than-expected demand.
  • Lack of Solutions: There are no straightforward or immediate solutions to address the financial and operational issues currently affecting the solar industry.
  • Market Sentiment: The sharp declines in stock prices reflect growing concerns among investors regarding the future viability and profitability of solar companies.
Benzinga
9.5
02-26Benzinga
Shoals Technologies Group Shares Decline Following Earnings Report
  • Earnings Miss: Shoals Technologies reported an adjusted EPS of 10 cents, falling short of the consensus estimate of 14 cents, indicating pressure on profitability that may dampen investor confidence.
  • Sales Beat: The company achieved sales of $148.3 million, exceeding analyst expectations of $145.4 million; however, the earnings miss led to a tepid market reaction, negatively impacting share performance.
  • Backlog Insights: As of December 31, 2025, the backlog and awarded orders stood at $747.6 million, indicating future revenue potential, yet concerns over gross margin may hinder stock recovery.
  • Analyst Downgrades: Needham analyst lowered the price target from $14 to $12, reflecting caution regarding the company's future gross margin outlook, suggesting ongoing market pressure on the stock.
seekingalpha
6.0
02-25seekingalpha
BNP Paribas Upgrades U.S. Solar Supply Chain Outlook
  • Optimistic Market Outlook: Analyst Moses Sutton from BNP Paribas indicates that cumulative utility-scale solar capacity in the U.S. could exceed 250 gigawatts by 2030, significantly surpassing industry expectations of 150 to 200 gigawatts, highlighting robust growth potential in the solar market.
  • Array Technologies Upgrade: BNP upgraded Array Technologies (ARRY) from Neutral to Outperform, raising its price target from $9 to $19, with projected 2026 earnings per share of $1.00, above the Street's $0.84 estimate, underscoring the company's pivotal role in accelerated deployment.
  • Shoals Technologies Adjustment: BNP upgraded Shoals Technologies (SHLS) from Underperform to Neutral, increasing its price target from $5 to $9; despite margin pressures, the backlog for its battery energy storage systems surged from $18 million to $67 million, indicating strong traction in new product lines.
  • First Solar Rating Maintained: BNP reiterated its Outperform rating on First Solar (FSLR) with a price target of $281, expecting 2026 revenue guidance of $5.05 billion, reflecting the company's competitive edge in the domestic market, particularly under supportive trade policies.
Wall Street analysts forecast SHLS stock price to rise
13 Analyst Rating
Wall Street analysts forecast SHLS stock price to rise
11 Buy
2 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
7.00
Averages
11.04
High
15.00
Current: 0.000
sliders
Low
7.00
Averages
11.04
High
15.00
Jefferies
Buy
downgrade
$10 -> $8
AI Analysis
2026-03-11
Reason
Jefferies
Price Target
$10 -> $8
AI Analysis
2026-03-11
downgrade
Buy
Reason
Jefferies lowered the firm's price target on Shoals Technologies to $8 from $10 and keeps a Buy rating on the shares. Following the firm's conference, the analyst came away "slightly cautious" on Shoals as the firm sees management prioritizing market share gains over margins in a strategic shift that the firm views as likely driven by increasing competitive landscape and potential decline in solar deployments post 2030 after the ITC expires. However, the firm still sees 28% upside from current levels, the analyst noted.
Citi
Vikram Bagri
Neutral
downgrade
$11
2026-02-26
Reason
Citi
Vikram Bagri
Price Target
$11
2026-02-26
downgrade
Neutral
Reason
Citi analyst Vikram Bagri lowered the firm's price target on Shoals Technologies to $8.50 from $11 and keeps a Neutral rating on the shares. The firm leans bullish on the shares post the earnings report but sees a lack of catalysts for the shares over the short term.
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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 36.33. 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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
36.33
Current PE
18.25
Overvalued PE
60.63
Undervalued PE
12.03

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
19.68
Current EV/EBITDA
13.13
Overvalued EV/EBITDA
29.14
Undervalued EV/EBITDA
10.22

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
5.40
Current PS
2.78
Overvalued PS
8.46
Undervalued PS
2.34

Financials

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SHLS logo
SHLS
Shoals Technologies Group Inc
1.51B

Whales Holding SHLS

E
Encompass Capital Advisors LLC
Holding
SHLS
+27.01%
3M Return
E
Electron Capital Partners, LLC
Holding
SHLS
+6.78%
3M Return
C
Castle Hook Partners LP
Holding
SHLS
-2.23%
3M Return

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Frequently Asked Questions

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

The current price of SHLS is 6.58 USD — it has increased 5.28

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?

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 is11.04 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.

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

Shoals Technologies Group Inc revenue for the last quarter amounts to 148.32M USD, increased 38.64

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 0.05 USD, decreased 0.00

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

Shoals Technologies Group Inc (SHLS) has 1480 emplpoyees as of April 01 2026.

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

Today SHLS has the market capitalization of 1.05B USD.