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Shoals Technologies Group (SHLS) Competitors

Shoals Technologies Group logo
$12.39 -0.07 (-0.56%)
Closing price 04:00 PM Eastern
Extended Trading
$12.20 -0.19 (-1.54%)
As of 06:40 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 Massive. Learn more.
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SHLS vs. ARRY, ONDS, NVTS, LPL, and KLIC

Should you buy Shoals Technologies Group stock or one of its competitors? MarketBeat compares Shoals Technologies Group with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Shoals Technologies Group include Array Technologies (ARRY), Ondas (ONDS), Navitas Semiconductor (NVTS), LG Display (LPL), and Kulicke and Soffa Industries (KLIC).

How does Shoals Technologies Group compare to Array Technologies?

Shoals Technologies Group (NASDAQ:SHLS) and Array Technologies (NASDAQ:ARRY) are both energy companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, media sentiment, institutional ownership, profitability, valuation, dividends, earnings and risk.

Shoals Technologies Group presently has a consensus target price of $9.64, suggesting a potential downside of 22.17%. Array Technologies has a consensus target price of $10.42, suggesting a potential upside of 19.30%. Given Array Technologies' higher probable upside, analysts plainly believe Array Technologies is more favorable than Shoals Technologies Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shoals Technologies Group
1 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.53
Array Technologies
2 Sell rating(s)
10 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.33

Shoals Technologies Group has higher earnings, but lower revenue than Array Technologies. Array Technologies is trading at a lower price-to-earnings ratio than Shoals Technologies Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Shoals Technologies Group$475.33M4.36$33.57M$0.2061.95
Array Technologies$1.21B1.11-$52.24M-$0.84N/A

In the previous week, Shoals Technologies Group had 5 more articles in the media than Array Technologies. MarketBeat recorded 7 mentions for Shoals Technologies Group and 2 mentions for Array Technologies. Array Technologies' average media sentiment score of 0.94 beat Shoals Technologies Group's score of 0.88 indicating that Array Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shoals Technologies Group
2 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Array Technologies
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Shoals Technologies Group has a net margin of 6.27% compared to Array Technologies' net margin of -5.56%. Shoals Technologies Group's return on equity of 10.03% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Shoals Technologies Group6.27% 10.03% 6.63%
Array Technologies -5.56%-103.11%9.13%

Shoals Technologies Group has a beta of 1.9, meaning that its share price is 90% more volatile than the broader market. Comparatively, Array Technologies has a beta of 1.78, meaning that its share price is 78% more volatile than the broader market.

Summary

Shoals Technologies Group beats Array Technologies on 10 of the 14 factors compared between the two stocks.

How does Shoals Technologies Group compare to Ondas?

Ondas (NASDAQ:ONDS) and Shoals Technologies Group (NASDAQ:SHLS) are both mid-cap electronic equipment companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, institutional ownership, profitability, analyst recommendations, risk, valuation, dividends and media sentiment.

Shoals Technologies Group has higher revenue and earnings than Ondas. Shoals Technologies Group is trading at a lower price-to-earnings ratio than Ondas, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ondas$50.73M115.55-$132.02M$0.04290.25
Shoals Technologies Group$475.33M4.36$33.57M$0.2061.95

Ondas has a net margin of 247.85% compared to Shoals Technologies Group's net margin of 6.27%. Shoals Technologies Group's return on equity of 10.03% beat Ondas' return on equity.

Company Net Margins Return on Equity Return on Assets
Ondas247.85% -14.17% -6.95%
Shoals Technologies Group 6.27%10.03%6.63%

37.7% of Ondas shares are held by institutional investors. 1.6% of Ondas shares are held by insiders. Comparatively, 0.8% of Shoals Technologies Group shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Ondas has a beta of 2.6, suggesting that its stock price is 160% more volatile than the broader market. Comparatively, Shoals Technologies Group has a beta of 1.9, suggesting that its stock price is 90% more volatile than the broader market.

Ondas presently has a consensus target price of $17.25, suggesting a potential upside of 48.58%. Shoals Technologies Group has a consensus target price of $9.64, suggesting a potential downside of 22.17%. Given Ondas' stronger consensus rating and higher probable upside, equities research analysts clearly believe Ondas is more favorable than Shoals Technologies Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ondas
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.78
Shoals Technologies Group
1 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.53

In the previous week, Ondas had 16 more articles in the media than Shoals Technologies Group. MarketBeat recorded 23 mentions for Ondas and 7 mentions for Shoals Technologies Group. Shoals Technologies Group's average media sentiment score of 0.88 beat Ondas' score of 0.78 indicating that Shoals Technologies Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ondas
10 Very Positive mention(s)
5 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Shoals Technologies Group
2 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Ondas beats Shoals Technologies Group on 10 of the 17 factors compared between the two stocks.

How does Shoals Technologies Group compare to Navitas Semiconductor?

Navitas Semiconductor (NASDAQ:NVTS) and Shoals Technologies Group (NASDAQ:SHLS) are both mid-cap electronic equipment companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, media sentiment, valuation, profitability, earnings, risk, institutional ownership and analyst recommendations.

In the previous week, Navitas Semiconductor had 20 more articles in the media than Shoals Technologies Group. MarketBeat recorded 27 mentions for Navitas Semiconductor and 7 mentions for Shoals Technologies Group. Shoals Technologies Group's average media sentiment score of 0.88 beat Navitas Semiconductor's score of 0.14 indicating that Shoals Technologies Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Navitas Semiconductor
6 Very Positive mention(s)
6 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Shoals Technologies Group
2 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

46.1% of Navitas Semiconductor shares are owned by institutional investors. 12.4% of Navitas Semiconductor shares are owned by insiders. Comparatively, 0.8% of Shoals Technologies Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Shoals Technologies Group has a net margin of 6.27% compared to Navitas Semiconductor's net margin of -330.67%. Shoals Technologies Group's return on equity of 10.03% beat Navitas Semiconductor's return on equity.

Company Net Margins Return on Equity Return on Assets
Navitas Semiconductor-330.67% -14.30% -12.47%
Shoals Technologies Group 6.27%10.03%6.63%

Navitas Semiconductor has a beta of 3.75, indicating that its share price is 275% more volatile than the broader market. Comparatively, Shoals Technologies Group has a beta of 1.9, indicating that its share price is 90% more volatile than the broader market.

Navitas Semiconductor currently has a consensus target price of $12.87, indicating a potential downside of 58.28%. Shoals Technologies Group has a consensus target price of $9.64, indicating a potential downside of 22.17%. Given Shoals Technologies Group's stronger consensus rating and higher possible upside, analysts clearly believe Shoals Technologies Group is more favorable than Navitas Semiconductor.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Navitas Semiconductor
2 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.00
Shoals Technologies Group
1 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.53

Shoals Technologies Group has higher revenue and earnings than Navitas Semiconductor. Navitas Semiconductor is trading at a lower price-to-earnings ratio than Shoals Technologies Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Navitas Semiconductor$40.50M177.99-$116.95M-$0.63N/A
Shoals Technologies Group$475.33M4.36$33.57M$0.2061.95

Summary

Shoals Technologies Group beats Navitas Semiconductor on 11 of the 16 factors compared between the two stocks.

How does Shoals Technologies Group compare to LG Display?

LG Display (NYSE:LPL) and Shoals Technologies Group (NASDAQ:SHLS) are both mid-cap electronic equipment companies, but which is the better business? We will compare the two companies based on the strength of their media sentiment, valuation, dividends, institutional ownership, analyst recommendations, risk, earnings and profitability.

Shoals Technologies Group has a consensus price target of $9.64, suggesting a potential downside of 22.17%. Given Shoals Technologies Group's stronger consensus rating and higher probable upside, analysts plainly believe Shoals Technologies Group is more favorable than LG Display.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
LG Display
1 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.75
Shoals Technologies Group
1 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.53

In the previous week, Shoals Technologies Group had 5 more articles in the media than LG Display. MarketBeat recorded 7 mentions for Shoals Technologies Group and 2 mentions for LG Display. Shoals Technologies Group's average media sentiment score of 0.88 beat LG Display's score of 0.00 indicating that Shoals Technologies Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
LG Display
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Shoals Technologies Group
2 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

LG Display has a beta of 1.61, suggesting that its share price is 61% more volatile than the broader market. Comparatively, Shoals Technologies Group has a beta of 1.9, suggesting that its share price is 90% more volatile than the broader market.

LG Display has higher revenue and earnings than Shoals Technologies Group. LG Display is trading at a lower price-to-earnings ratio than Shoals Technologies Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
LG Display$25.28T0.00$212.66M-$0.02N/A
Shoals Technologies Group$475.33M4.36$33.57M$0.2061.95

Shoals Technologies Group has a net margin of 6.27% compared to LG Display's net margin of -0.18%. Shoals Technologies Group's return on equity of 10.03% beat LG Display's return on equity.

Company Net Margins Return on Equity Return on Assets
LG Display-0.18% -0.68% -0.17%
Shoals Technologies Group 6.27%10.03%6.63%

Summary

Shoals Technologies Group beats LG Display on 12 of the 14 factors compared between the two stocks.

How does Shoals Technologies Group compare to Kulicke and Soffa Industries?

Shoals Technologies Group (NASDAQ:SHLS) and Kulicke and Soffa Industries (NASDAQ:KLIC) are both mid-cap electronic equipment companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, media sentiment, institutional ownership, profitability, earnings and risk.

Shoals Technologies Group has higher earnings, but lower revenue than Kulicke and Soffa Industries. Shoals Technologies Group is trading at a lower price-to-earnings ratio than Kulicke and Soffa Industries, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Shoals Technologies Group$475.33M4.36$33.57M$0.2061.95
Kulicke and Soffa Industries$768.22M7.38$210K$1.04104.23

Shoals Technologies Group presently has a consensus price target of $9.64, suggesting a potential downside of 22.17%. Kulicke and Soffa Industries has a consensus price target of $59.25, suggesting a potential downside of 45.34%. Given Shoals Technologies Group's higher possible upside, equities research analysts clearly believe Shoals Technologies Group is more favorable than Kulicke and Soffa Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shoals Technologies Group
1 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.53
Kulicke and Soffa Industries
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.67

Kulicke and Soffa Industries has a net margin of 7.16% compared to Shoals Technologies Group's net margin of 6.27%. Shoals Technologies Group's return on equity of 10.03% beat Kulicke and Soffa Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Shoals Technologies Group6.27% 10.03% 6.63%
Kulicke and Soffa Industries 7.16%7.29%5.38%

In the previous week, Shoals Technologies Group had 5 more articles in the media than Kulicke and Soffa Industries. MarketBeat recorded 7 mentions for Shoals Technologies Group and 2 mentions for Kulicke and Soffa Industries. Kulicke and Soffa Industries' average media sentiment score of 1.07 beat Shoals Technologies Group's score of 0.88 indicating that Kulicke and Soffa Industries is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shoals Technologies Group
2 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Kulicke and Soffa Industries
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Shoals Technologies Group has a beta of 1.9, meaning that its share price is 90% more volatile than the broader market. Comparatively, Kulicke and Soffa Industries has a beta of 1.69, meaning that its share price is 69% more volatile than the broader market.

98.2% of Kulicke and Soffa Industries shares are owned by institutional investors. 0.8% of Shoals Technologies Group shares are owned by company insiders. Comparatively, 1.2% of Kulicke and Soffa Industries shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Kulicke and Soffa Industries beats Shoals Technologies Group on 10 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SHLS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SHLS vs. The Competition

Export
MetricShoals Technologies GroupSolar IndustryEnergy SectorNASDAQ Exchange
Market Cap$2.07B$3.75B$10.38B$12.42B
Dividend YieldN/A3.30%10.45%5.29%
P/E Ratio61.9517.5820.5024.19
Price / Sales4.36104.00809.54138.36
Price / Cash30.3613.9038.4657.88
Price / Book3.465.584.386.72
Net Income$33.57M$24.30M$4.23B$337.19M
7 Day Performance2.23%6.46%1.60%0.48%
1 Month Performance51.84%29.52%-0.24%5.06%
1 Year Performance154.41%141.02%50.97%34.27%

Shoals Technologies Group Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHLS
Shoals Technologies Group
2.4063 of 5 stars		$12.39
-0.6%		$9.64
-22.2%		+173.2%$2.07B$475.33M61.951,480
ARRY
Array Technologies
3.3293 of 5 stars		$8.82
-2.9%		$10.42
+18.2%		+40.1%$1.40B$1.28BN/A1,200
ONDS
Ondas
3.7174 of 5 stars		$13.46
+1.8%		$17.25
+28.2%		+823.8%$6.67B$50.73M336.5070
NVTS
Navitas Semiconductor
1.7621 of 5 stars		$24.86
-6.5%		$12.87
-48.2%		+368.5%$6.22B$45.92MN/A160
LPL
LG Display
0.4692 of 5 stars		$5.51
-0.8%		N/A+84.1%$5.55B$18.16BN/A53,049

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This page (NASDAQ:SHLS) was last updated on 6/3/2026 by MarketBeat.com Staff.
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