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Shoals Technologies Group (SHLS) Competitors

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$8.74 0.00 (0.00%)
Closing price 07/31/2026 04:00 PM Eastern
Extended Trading
$8.80 +0.06 (+0.66%)
As of 07/31/2026 07:57 PM Eastern
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SHLS vs. ARRY, KLIC, ONDS, LASR, and PI

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), Kulicke and Soffa Industries (KLIC), Ondas (ONDS), nLight (LASR), and Impinj (PI).

How does Shoals Technologies Group compare to Array Technologies?

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

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
Array Technologies-5.56% -103.11% 9.13%
Shoals Technologies Group 6.27%10.03%6.63%

Shoals Technologies Group has lower revenue, but higher earnings 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
Array Technologies$1.28B0.63-$52.24M-$0.84N/A
Shoals Technologies Group$475.33M3.08$33.57M$0.2043.70

Array Technologies has a beta of 1.86, indicating that its share price is 86% more volatile than the broader market. Comparatively, Shoals Technologies Group has a beta of 1.93, indicating that its share price is 93% more volatile than the broader market.

Array Technologies currently has a consensus target price of $10.17, indicating a potential upside of 94.85%. Shoals Technologies Group has a consensus target price of $10.46, indicating a potential upside of 19.70%. Given Array Technologies' higher probable upside, equities analysts plainly believe Array Technologies is more favorable than Shoals Technologies Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Array Technologies
2 Sell rating(s)
9 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.40
Shoals Technologies Group
0 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.63

In the previous week, Shoals Technologies Group had 4 more articles in the media than Array Technologies. MarketBeat recorded 7 mentions for Shoals Technologies Group and 3 mentions for Array Technologies. Shoals Technologies Group's average media sentiment score of 0.98 beat Array Technologies' score of 0.19 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
Array Technologies
1 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
4 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Shoals Technologies Group beats Array Technologies on 11 of the 15 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 related companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, risk, earnings, valuation, media sentiment and analyst recommendations.

98.2% of Kulicke and Soffa Industries shares are held by institutional investors. 0.8% of Shoals Technologies Group shares are held by insiders. Comparatively, 1.2% of Kulicke and Soffa Industries shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Shoals Technologies Group has a beta of 1.93, indicating that its stock price is 93% more volatile than the broader market. Comparatively, Kulicke and Soffa Industries has a beta of 1.67, indicating that its stock price is 67% more volatile than the broader market.

Shoals Technologies Group currently has a consensus price target of $10.46, suggesting a potential upside of 19.70%. Kulicke and Soffa Industries has a consensus price target of $59.25, suggesting a potential downside of 33.58%. Given Shoals Technologies Group's stronger consensus rating and higher probable upside, analysts plainly 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
0 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.63
Kulicke and Soffa Industries
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33

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%

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$475.33M3.08$33.57M$0.2043.70
Kulicke and Soffa Industries$654.08M7.14$210K$1.0485.77

In the previous week, Kulicke and Soffa Industries had 5 more articles in the media than Shoals Technologies Group. MarketBeat recorded 12 mentions for Kulicke and Soffa Industries and 7 mentions for Shoals Technologies Group. Kulicke and Soffa Industries' average media sentiment score of 1.29 beat Shoals Technologies Group's score of 0.98 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
4 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Kulicke and Soffa Industries
9 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Kulicke and Soffa Industries beats Shoals Technologies Group on 9 of the 16 factors compared between the two stocks.

How does Shoals Technologies Group compare to Ondas?

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

Shoals Technologies Group has a beta of 1.93, indicating that its share price is 93% more volatile than the broader market. Comparatively, Ondas has a beta of 2.69, indicating that its share price is 169% more volatile than the broader market.

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
Shoals Technologies Group6.27% 10.03% 6.63%
Ondas 247.85%-14.17%-6.95%

In the previous week, Ondas had 6 more articles in the media than Shoals Technologies Group. MarketBeat recorded 13 mentions for Ondas and 7 mentions for Shoals Technologies Group. Shoals Technologies Group's average media sentiment score of 0.98 beat Ondas' score of 0.58 indicating that Shoals Technologies Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shoals Technologies Group
4 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ondas
4 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

37.7% of Ondas shares are held by institutional investors. 0.8% of Shoals Technologies Group shares are held by insiders. Comparatively, 1.7% of Ondas shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

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
Shoals Technologies Group$475.33M3.08$33.57M$0.2043.70
Ondas$96.61M44.18-$132.02M$0.04187.25

Shoals Technologies Group currently has a consensus price target of $10.46, suggesting a potential upside of 19.70%. Ondas has a consensus price target of $16.75, suggesting a potential upside of 123.63%. Given Ondas' stronger consensus rating and higher probable upside, analysts plainly believe Ondas is more favorable than Shoals Technologies Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shoals Technologies Group
0 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.63
Ondas
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.89

Summary

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

How does Shoals Technologies Group compare to nLight?

Shoals Technologies Group (NASDAQ:SHLS) and nLight (NASDAQ:LASR) are related companies, but which is the better business? We will compare the two companies based on the strength of their risk, analyst recommendations, media sentiment, earnings, profitability, institutional ownership, dividends and valuation.

Shoals Technologies Group has a net margin of 6.27% compared to nLight's net margin of -5.08%. Shoals Technologies Group's return on equity of 10.03% beat nLight's return on equity.

Company Net Margins Return on Equity Return on Assets
Shoals Technologies Group6.27% 10.03% 6.63%
nLight -5.08%-4.18%-3.20%

In the previous week, Shoals Technologies Group had 1 more articles in the media than nLight. MarketBeat recorded 7 mentions for Shoals Technologies Group and 6 mentions for nLight. Shoals Technologies Group's average media sentiment score of 0.98 beat nLight's score of 0.82 indicating that Shoals Technologies Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shoals Technologies Group
4 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
nLight
3 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Shoals Technologies Group has a beta of 1.93, indicating that its share price is 93% more volatile than the broader market. Comparatively, nLight has a beta of 2.3, indicating that its share price is 130% more volatile than the broader market.

Shoals Technologies Group currently has a consensus price target of $10.46, indicating a potential upside of 19.70%. nLight has a consensus price target of $80.94, indicating a potential upside of 17.65%. Given Shoals Technologies Group's higher probable upside, research analysts clearly believe Shoals Technologies Group is more favorable than nLight.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shoals Technologies Group
0 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.63
nLight
1 Sell rating(s)
0 Hold rating(s)
9 Buy rating(s)
2 Strong Buy rating(s)
3.00

83.9% of nLight shares are owned by institutional investors. 0.8% of Shoals Technologies Group shares are owned by insiders. Comparatively, 3.1% of nLight shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Shoals Technologies Group has higher revenue and earnings than nLight. nLight 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$475.33M3.08$33.57M$0.2043.70
nLight$289.84M13.39-$23.47M-$0.30N/A

Summary

Shoals Technologies Group beats nLight on 11 of the 17 factors compared between the two stocks.

How does Shoals Technologies Group compare to Impinj?

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

Shoals Technologies Group has a net margin of 6.27% compared to Impinj's net margin of -7.26%. Shoals Technologies Group's return on equity of 10.03% beat Impinj's return on equity.

Company Net Margins Return on Equity Return on Assets
Shoals Technologies Group6.27% 10.03% 6.63%
Impinj -7.26%5.23%2.09%

Shoals Technologies Group currently has a consensus price target of $10.46, suggesting a potential upside of 19.70%. Impinj has a consensus price target of $179.22, suggesting a potential upside of 18.41%. Given Shoals Technologies Group's stronger consensus rating and higher probable upside, analysts clearly believe Shoals Technologies Group is more favorable than Impinj.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shoals Technologies Group
0 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.63
Impinj
1 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.50

Shoals Technologies Group has higher revenue and earnings than Impinj. Impinj 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$475.33M3.08$33.57M$0.2043.70
Impinj$361.08M12.81-$10.85M-$0.92N/A

Shoals Technologies Group has a beta of 1.93, suggesting that its share price is 93% more volatile than the broader market. Comparatively, Impinj has a beta of 1.94, suggesting that its share price is 94% more volatile than the broader market.

In the previous week, Impinj had 15 more articles in the media than Shoals Technologies Group. MarketBeat recorded 22 mentions for Impinj and 7 mentions for Shoals Technologies Group. Shoals Technologies Group's average media sentiment score of 0.98 beat Impinj's score of 0.64 indicating that Shoals Technologies Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shoals Technologies Group
4 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Impinj
6 Very Positive mention(s)
1 Positive mention(s)
9 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Shoals Technologies Group beats Impinj on 11 of the 14 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

MetricShoals Technologies GroupElectrical Equipment IndustryIndustrials SectorNASDAQ Exchange
Market Cap$1.46B$10.51B$10.53B$12.42B
Dividend YieldN/A2.33%120.66%10.03%
P/E Ratio43.7046.8627.5624.66
Price / Sales3.081,540.85306.8376.51
Price / Cash21.7828.2324.0746.71
Price / Book2.445.274.726.07
Net Income$33.57M$136.38M$610.65M$347.99M
7 Day Performance-6.92%-2.06%-0.51%-0.44%
1 Month Performance-12.16%-10.28%-2.29%-4.81%
1 Year Performance69.38%21.82%12.57%18.61%

Shoals Technologies Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHLS
Shoals Technologies Group
3.8622 of 5 stars
$8.74
flat
$10.46
+19.7%
+69.4%$1.46B$475.33M43.701,480
ARRY
Array Technologies
3.7047 of 5 stars
$5.51
+3.6%
$10.17
+84.6%
-13.9%$818.36M$1.28BN/A1,200
KLIC
Kulicke and Soffa Industries
2.8865 of 5 stars
$98.22
-3.1%
$59.25
-39.7%
+176.1%$5.30B$654.08M94.442,592
ONDS
Ondas
3.1728 of 5 stars
$8.02
+2.8%
$16.75
+108.9%
+240.5%$4.13B$50.73M200.5070
LASR
nLight
3.4954 of 5 stars
$67.78
-3.2%
$80.94
+19.4%
+242.1%$3.95B$289.84MN/A1,100

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This page (NASDAQ:SHLS) was last updated on 8/3/2026 by MarketBeat.com Staff.
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