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NASDAQ:SHLS

Shoals Technologies Group (SHLS) Stock Price, News & Analysis

Shoals Technologies Group logo
$8.33 +0.06 (+0.74%)
As of 01:14 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Shoals Technologies Group Stock (NASDAQ:SHLS)

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Key Stats

Today's Range
$7.79
$9.32
50-Day Range
$5.71
$10.61
52-Week Range
$3.81
$11.36
Volume
7.02 million shs
Average Volume
5.02 million shs
Market Capitalization
$1.40 billion
P/E Ratio
41.63
Dividend Yield
N/A
Price Target
$9.43
Consensus Rating
Moderate Buy

Company Overview

Shoals Technologies Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
76th Percentile Overall Score

SHLS MarketRank™: 

Shoals Technologies Group scored higher than 76% of companies evaluated by MarketBeat, and ranked 36th out of 248 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Shoals Technologies Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.53, and is based on no strong buy ratings, 10 buy ratings, 6 hold ratings, and 1 sell rating.

  • Upside Potential

    Shoals Technologies Group has a consensus price target of $9.43, representing about 15.6% upside from its current price of $8.16.

  • Amount of Analyst Coverage

    Shoals Technologies Group has been the subject of 15 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 Growth

    Earnings for Shoals Technologies Group are expected to grow by 32.43% in the coming year, from $0.37 to $0.49 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Shoals Technologies Group is 41.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.54.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Shoals Technologies Group is 41.13, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 15.66.

  • Price to Earnings Growth Ratio

    Shoals Technologies Group has a PEG Ratio of 0.93. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Shoals Technologies Group has a P/B Ratio of 2.28. 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.
  • Percentage of Shares Shorted

    9.94% of the float of Shoals Technologies Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Shoals Technologies Group has a short interest ratio ("days to cover") of 3.57, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Shoals Technologies Group has recently increased by 8.42%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Shoals Technologies Group does not currently pay a dividend.

  • Dividend Growth

    Shoals Technologies Group does not have a long track record of dividend growth.

  • News Sentiment

    Shoals Technologies Group has a news sentiment score of 0.90. 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 0.68 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Shoals Technologies Group this week, compared to 4 articles on an average week.
  • Search Interest

    Only 6 people have searched for SHLS on MarketBeat in the last 30 days. This is a decrease of -70% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Shoals Technologies Group to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Shoals Technologies Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    0.81% of the stock of Shoals Technologies Group is held by insiders.

  • Percentage Held by Institutions

    Shoals Technologies Group has minimal institutional ownership at this time.

  • Read more about Shoals Technologies Group's insider trading history.
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SHLS Stock News Headlines

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Shoals Technologies Group, Inc. Class A
See More Headlines

SHLS Stock Analysis - Frequently Asked Questions

Shoals Technologies Group's stock was trading at $8.50 at the beginning of the year. Since then, SHLS shares have decreased by 4.0% and is now trading at $8.1580.

Shoals Technologies Group, Inc. (NASDAQ:SHLS) posted its quarterly earnings results on Tuesday, May, 5th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.01. The business's revenue for the quarter was up 74.4% compared to the same quarter last year.
Read the conference call transcript
.

Shoals Technologies Group (SHLS) raised $1.7 billion in an initial public offering (IPO) on Wednesday, January 27th 2021. The company issued 77,000,000 shares at $22.00-$23.00 per share. Goldman Sachs, J.P. Morgan, Guggenheim Securities and UBS Investment Bank acted as the underwriters for the IPO.

Shoals Technologies Group's top institutional shareholders include Pictet Asset Management Holding SA (1.64%), Swedbank AB (0.66%), Principal Financial Group Inc. (0.24%) and SG Americas Securities LLC (0.11%). Insiders that own company stock include Brandon Moss, Dominic Bardos, Jeffery Tolnar, Mehgan Peetz and Inez Lund.
View institutional ownership trends
.

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.

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 Earnings
2/24/2026
Today
5/05/2026
Next Earnings (Estimated)
5/05/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Energy
Industry
Solar
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:SHLS
CIK
1831651
Fax
N/A
Employees
1,480
Year Founded
1996

Price Target and Rating

High Price Target
$12.00
Low Price Target
$7.00
Potential Upside/Downside
+15.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.53
Research Coverage
17 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.20
Trailing P/E Ratio
41.09
Forward P/E Ratio
22.16
P/E Growth
0.93
Net Income
$33.57 million
Net Margins
7.06%
Pretax Margin
10.21%
Return on Equity
9.10%
Return on Assets
6.34%

Debt

Debt-to-Equity Ratio
0.23
Current Ratio
2.03
Quick Ratio
1.32

Sales & Book Value

Annual Sales
$475.33 million
Price / Sales
2.89
Cash Flow
$0.40 per share
Price / Cash Flow
20.34
Book Value
$3.58 per share
Price / Book
2.29

Miscellaneous

Outstanding Shares
167,450,000
Free Float
166,094,000
Market Cap
$1.37 billion
Optionable
Optionable
Beta
1.74

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This page (NASDAQ:SHLS) was last updated on 5/5/2026 by MarketBeat.com Staff.
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