NASDAQ:SHLS Shoals Technologies Group (SHLS) Stock Price, News & Analysis $6.51 -0.08 (-1.21%) Closing price 08/29/2025 04:00 PM EasternExtended Trading$6.56 +0.04 (+0.69%) As of 08/29/2025 07:48 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Shoals Technologies Group Stock (NASDAQ:SHLS) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get SHLS alerts:Sign Up Key Stats Today's Range$6.43▼$6.6750-Day Range$4.25▼$6.8452-Week Range$2.71▼$7.13Volume2.36 million shsAverage Volume6.22 million shsMarket Capitalization$1.09 billionP/E Ratio50.08Dividend YieldN/APrice Target$9.15Consensus RatingModerate Buy Company Overview Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services. It provides EBOS components, including combiners; plug-n-play branch connectors and inline fuses; AC disconnects; recombiners; wireless monitoring; junction boxes; wire management; EV power cabinets; and battery energy storage systems cabinets, as well as cable assemblies, transition enclosures, and splice boxes. In addition, the company offers eMobility solutions, such as a power center, which combines equipment needed to protect the charging equipment and transform voltage levels from the electric utility to those needed on the respective site; quick connect solutions for chargers to connect to the Shoals system; big lead assembly (BLA) technology in the EV space to connect multiple chargers to a single power center; and a raceway system that protects the above ground EV BLAs in walk over and drive over applications. Further, it provides Snapshot IV, a solar operations and maintenance solution that monitors the specific voltage and current of individual solar panels and compares the results against the manufacturer's projected performance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee. Read More Shoals Technologies Group Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks94th Percentile Overall ScoreSHLS MarketRank™: Shoals Technologies Group scored higher than 94% of companies evaluated by MarketBeat, and ranked 25th out of 268 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.3 / 5Analyst RatingModerate Buy Consensus RatingShoals Technologies Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 14 buy ratings, 6 hold ratings, and 2 sell ratings.Amount of Analyst CoverageShoals Technologies Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Shoals Technologies Group's stock forecast and price target. Earnings and Valuation4.4 / 5Proj. Earnings Growth27.59% Earnings GrowthEarnings for Shoals Technologies Group are expected to grow by 27.59% in the coming year, from $0.29 to $0.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shoals Technologies Group is 50.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 270.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Shoals Technologies Group is 50.08, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 66.95.Price to Earnings Growth RatioShoals Technologies Group has a PEG Ratio of 0.80. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioShoals Technologies Group has a P/B Ratio of 1.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Shoals Technologies Group's valuation and earnings. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted12.73% of the float of Shoals Technologies Group has been sold short.Short Interest Ratio / Days to CoverShoals Technologies Group has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Shoals Technologies Group has recently decreased by 5.89%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldShoals Technologies Group does not currently pay a dividend.Dividend GrowthShoals Technologies Group does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted12.73% of the float of Shoals Technologies Group has been sold short.Short Interest Ratio / Days to CoverShoals Technologies Group has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Shoals Technologies Group has recently decreased by 5.89%, indicating that investor sentiment is improving significantly. News and Social Media4.0 / 5News Sentiment1.18 News SentimentShoals Technologies Group has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.96 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Shoals Technologies Group this week, compared to 7 articles on an average week.Search Interest7 people have searched for SHLS on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.MarketBeat Follows7 people have added Shoals Technologies Group to their MarketBeat watchlist in the last 30 days. This is an increase of 600% compared to the previous 30 days. Company Ownership0.0 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Shoals Technologies Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.67% of the stock of Shoals Technologies Group is held by insiders.Read more about Shoals Technologies Group's insider trading history. Receive SHLS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Shoals Technologies Group and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsBy entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. SHLS Stock News HeadlinesShoals Technologies Group, Inc. (NASDAQ:SHLS) Given Consensus Rating of "Moderate Buy" by AnalystsAugust 30 at 2:01 AM | americanbankingnews.comDoes Shoals Technologies Group’s (SHLS) Australian Expansion Signal a Durable Edge in Global Clean Energy?August 29 at 1:40 PM | finance.yahoo.comWashington prepares for warWhile the headlines obsess over overseas conflicts, Washington has been quietly preparing for something much bigger here at home. Emergency powers are being invoked, trillions are being mobilized, and the scale rivals anything we’ve seen since WWII. According to Porter Stansberry and Jeff Brown, a new economic arms race is already underway — one that could reshape markets, redirect capital, and impact billions of lives. They’ve just released an urgent briefing that explains what’s really happening behind the scenes, and which companies are positioned to benefit most.September 1 at 2:00 AM | Porter & Company (Ad)Wall Street Zen Upgrades Shoals Technologies Group, Inc. (SHLS)August 24, 2025 | finance.yahoo.comWall Street Zen Upgrades Shoals Technologies Group, Inc. (SHLS)August 23, 2025 | insidermonkey.comAnalysts Have Conflicting Sentiments on These Technology Companies: Shoals Technologies Group (SHLS), Unity Software (U) and Usio (USIO)August 22, 2025 | theglobeandmail.comShoals Technologies Group Appoints Aaron Zadeh as Country Manager for Pacific Region to Strengthen Solar Market PresenceAugust 21, 2025 | quiverquant.comQShoals Technologies Group Appoints Aaron Zadeh as Country Manager, Pacific to Support the Acceleration of Solar Growth in the RegionAugust 21, 2025 | globenewswire.comSee More Headlines SHLS Stock Analysis - Frequently Asked Questions How have SHLS shares performed this year? Shoals Technologies Group's stock was trading at $5.53 at the beginning of the year. Since then, SHLS stock has increased by 17.7% and is now trading at $6.51. How were Shoals Technologies Group's earnings last quarter? Shoals Technologies Group, Inc. (NASDAQ:SHLS) issued its quarterly earnings data on Tuesday, August, 5th. The company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.02. The company's revenue was up 11.7% compared to the same quarter last year. Read the conference call transcript. When did Shoals Technologies Group IPO? Shoals Technologies Group (SHLS) raised $1 billion in an initial public offering on Wednesday, January 27th 2021. The company issued 50,000,000 shares at $19.00-$21.00 per share. Goldman Sachs, J.P. Morgan, Guggenheim Securities and UBS Investment Bank acted as the underwriters for the IPO. Who are Shoals Technologies Group's major shareholders? Shoals Technologies Group's top institutional shareholders include Encompass Capital Advisors LLC (7.90%), Peconic Partners LLC (4.17%), Invesco Ltd. (2.94%) and Geode Capital Management LLC (2.52%). Insiders that own company stock include Dean Solon, Brandon Moss, Jason R Whitaker, Dominic Bardos, Jeffery Tolnar, Mehgan Peetz and Inez Lund. View institutional ownership trends. How do I buy shares of Shoals Technologies Group? Shares of SHLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Shoals Technologies Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Shoals Technologies Group investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), TotalEnergies (TTE) and Southern First Bancshares (SFST). Company Calendar Last Earnings8/05/2025Today9/01/2025Next Earnings (Estimated)11/11/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorEnergy Industry Solar Sub-IndustryElectronic Equipment Current SymbolNASDAQ:SHLS CIK1831651 Webwww.shoals.com Phone615-451-1400FaxN/AEmployees1,290Year FoundedN/APrice Target and Rating Average Price Target for Shoals Technologies Group$9.15 High Price Target$46.00 Low Price Target$4.00 Potential Upside/Downside+40.6%Consensus RatingModerate Buy Rating Score (0-4)2.55 Research Coverage22 Analysts Profitability EPS (Trailing Twelve Months)$0.13 Trailing P/E Ratio50.08 Forward P/E Ratio22.45 P/E Growth0.8Net Income$24.13 million Net Margins5.27% Pretax Margin8.51% Return on Equity7.57% Return on Assets5.32% Debt Debt-to-Equity Ratio0.23 Current Ratio2.34 Quick Ratio1.64 Sales & Book Value Annual Sales$399.21 million Price / Sales2.73 Cash Flow$0.38 per share Price / Cash Flow17.07 Book Value$3.34 per share Price / Book1.95Miscellaneous Outstanding Shares167,360,000Free Float166,493,000Market Cap$1.09 billion OptionableOptionable Beta1.62 Social Links Options Trading Made Easy - Download NowLearn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. 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