Shoals Technologies Group (SHLS) Competitors

$9.28 +0.17 (+1.87%)

Closing price 04:00 PM Eastern

Extended Trading

$9.27 -0.01 (-0.11%)

As of 05:35 PM Eastern

SHLS vs. ARRY, ONDS, KLIC, OLED, 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), Ondas (ONDS), Kulicke and Soffa Industries (KLIC), Universal Display (OLED), and Impinj (PI).

How does Shoals Technologies Group compare to Array Technologies?

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

Shoals Technologies Group has a beta of 1.74, suggesting that its stock price is 74% more volatile than the broader market. Comparatively, Array Technologies has a beta of 1.76, suggesting that its stock price is 76% more volatile than the broader market.

In the previous week, Shoals Technologies Group had 3 more articles in the media than Array Technologies. MarketBeat recorded 11 mentions for Shoals Technologies Group and 8 mentions for Array Technologies. Shoals Technologies Group's average media sentiment score of 0.71 beat Array Technologies' score of 0.55 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	5 Very Positive mention(s)	0 Positive mention(s)	3 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Array Technologies	1 Very Positive mention(s)	1 Positive mention(s)	5 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Shoals Technologies Group currently has a consensus price target of $9.64, indicating a potential upside of 3.91%. Array Technologies has a consensus price target of $10.40, indicating a potential upside of 20.65%. Given Array Technologies' higher possible upside, analysts clearly 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)	10 Buy rating(s)	0 Strong Buy rating(s)	2.36

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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Shoals Technologies Group	$475.33M	3.27	$33.57M	$0.20	46.40
Array Technologies	$1.28B	1.03	-$52.24M	-$0.84	N/A

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

Summary

Shoals Technologies Group beats Array Technologies on 9 of the 13 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 electronic equipment companies, but which is the better investment? We will contrast the two businesses based on the strength of their media sentiment, risk, analyst recommendations, valuation, institutional ownership, profitability, earnings and dividends.

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

Shoals Technologies Group has a beta of 1.74, meaning that its share price is 74% more volatile than the broader market. Comparatively, Ondas has a beta of 2.56, meaning that its share price is 156% more volatile than the broader market.

In the previous week, Ondas had 5 more articles in the media than Shoals Technologies Group. MarketBeat recorded 16 mentions for Ondas and 11 mentions for Shoals Technologies Group. Ondas' average media sentiment score of 0.73 beat Shoals Technologies Group's score of 0.71 indicating that Ondas is being referred to more favorably in the news media.

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

Shoals Technologies Group presently has a consensus price target of $9.64, suggesting a potential upside of 3.91%. Ondas has a consensus price target of $17.25, suggesting a potential upside of 53.88%. 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	1 Sell rating(s)	6 Hold rating(s)	10 Buy rating(s)	0 Strong Buy rating(s)	2.53
Ondas	2 Sell rating(s)	0 Hold rating(s)	6 Buy rating(s)	1 Strong Buy rating(s)	2.67

Shoals Technologies Group has higher revenue and earnings than Ondas. Ondas 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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Shoals Technologies Group	$475.33M	3.27	$33.57M	$0.20	46.40
Ondas	$50.73M	108.29	-$132.02M	-$0.67	N/A

Shoals Technologies Group has a net margin of 6.27% compared to Ondas' net margin of -270.37%. 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 Group	6.27%	10.03%	6.63%
Ondas	-270.37%	-53.14%	-28.66%

Summary

Ondas beats Shoals Technologies Group on 9 of the 17 factors compared between the two stocks.

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

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

In the previous week, Kulicke and Soffa Industries had 5 more articles in the media than Shoals Technologies Group. MarketBeat recorded 16 mentions for Kulicke and Soffa Industries and 11 mentions for Shoals Technologies Group. Kulicke and Soffa Industries' average media sentiment score of 0.79 beat Shoals Technologies Group's score of 0.71 indicating that Kulicke and Soffa Industries is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Kulicke and Soffa Industries	7 Very Positive mention(s)	2 Positive mention(s)	4 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Shoals Technologies Group	5 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 lower revenue, but higher earnings 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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Kulicke and Soffa Industries	$654.08M	8.33	$210K	$1.04	100.09
Shoals Technologies Group	$475.33M	3.27	$33.57M	$0.20	46.40

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
Kulicke and Soffa Industries	7.16%	7.29%	5.38%
Shoals Technologies Group	6.27%	10.03%	6.63%

Kulicke and Soffa Industries has a beta of 1.66, meaning that its stock price is 66% more volatile than the broader market. Comparatively, Shoals Technologies Group has a beta of 1.74, meaning that its stock price is 74% more volatile than the broader market.

Kulicke and Soffa Industries presently has a consensus price target of $59.25, suggesting a potential downside of 43.08%. Shoals Technologies Group has a consensus price target of $9.64, suggesting a potential upside of 3.91%. Given Shoals Technologies Group's higher probable upside, 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
Kulicke and Soffa Industries	0 Sell rating(s)	3 Hold rating(s)	2 Buy rating(s)	1 Strong Buy rating(s)	2.67
Shoals Technologies Group	1 Sell rating(s)	6 Hold rating(s)	10 Buy rating(s)	0 Strong Buy rating(s)	2.53

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

Summary

Kulicke and Soffa Industries beats Shoals Technologies Group on 11 of the 17 factors compared between the two stocks.

How does Shoals Technologies Group compare to Universal Display?

Universal Display (NASDAQ:OLED) and Shoals Technologies Group (NASDAQ:SHLS) are both electronic equipment companies, but which is the superior investment? We will contrast the two companies based on the strength of their media sentiment, dividends, analyst recommendations, valuation, profitability, institutional ownership, risk and earnings.

78.2% of Universal Display shares are held by institutional investors. 2.0% of Universal Display shares are held by company insiders. Comparatively, 0.8% of Shoals Technologies Group shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Universal Display has a net margin of 34.08% compared to Shoals Technologies Group's net margin of 6.27%. Universal Display's return on equity of 12.34% beat Shoals Technologies Group's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Universal Display	34.08%	12.34%	11.04%
Shoals Technologies Group	6.27%	10.03%	6.63%

Universal Display has a beta of 1.54, indicating that its share price is 54% more volatile than the broader market. Comparatively, Shoals Technologies Group has a beta of 1.74, indicating that its share price is 74% more volatile than the broader market.

Universal Display presently has a consensus price target of $130.60, suggesting a potential upside of 41.20%. Shoals Technologies Group has a consensus price target of $9.64, suggesting a potential upside of 3.91%. Given Universal Display's higher possible upside, research analysts clearly believe Universal Display is more favorable than Shoals Technologies Group.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Universal Display	1 Sell rating(s)	2 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	2.33
Shoals Technologies Group	1 Sell rating(s)	6 Hold rating(s)	10 Buy rating(s)	0 Strong Buy rating(s)	2.53

Universal Display has higher revenue and earnings than Shoals Technologies Group. Universal 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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Universal Display	$626.55M	6.90	$242.07M	$4.48	20.65
Shoals Technologies Group	$475.33M	3.27	$33.57M	$0.20	46.40

In the previous week, Shoals Technologies Group had 8 more articles in the media than Universal Display. MarketBeat recorded 11 mentions for Shoals Technologies Group and 3 mentions for Universal Display. Universal Display's average media sentiment score of 1.14 beat Shoals Technologies Group's score of 0.71 indicating that Universal Display is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Universal Display	1 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	5 Very Positive mention(s)	0 Positive mention(s)	3 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Summary

Universal Display beats Shoals Technologies Group on 11 of the 16 factors compared between the two stocks.

How does Shoals Technologies Group compare to Impinj?

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

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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Shoals Technologies Group	$475.33M	3.27	$33.57M	$0.20	46.40
Impinj	$361.05M	12.20	-$10.85M	-$0.92	N/A

Shoals Technologies Group has a net margin of 6.27% compared to Impinj's net margin of -7.66%. 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 Group	6.27%	10.03%	6.63%
Impinj	-7.66%	5.67%	2.18%

Shoals Technologies Group currently has a consensus target price of $9.64, suggesting a potential upside of 3.91%. Impinj has a consensus target price of $175.00, suggesting a potential upside of 21.00%. Given Impinj's higher probable upside, analysts clearly believe Impinj 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
Impinj	1 Sell rating(s)	3 Hold rating(s)	5 Buy rating(s)	0 Strong Buy rating(s)	2.44

Shoals Technologies Group has a beta of 1.74, suggesting that its share price is 74% more volatile than the broader market. Comparatively, Impinj has a beta of 1.93, suggesting that its share price is 93% more volatile than the broader market.

In the previous week, Shoals Technologies Group had 7 more articles in the media than Impinj. MarketBeat recorded 11 mentions for Shoals Technologies Group and 4 mentions for Impinj. Impinj's average media sentiment score of 1.02 beat Shoals Technologies Group's score of 0.71 indicating that Impinj is being referred to more favorably in the news media.

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

Summary

Shoals Technologies Group beats Impinj on 10 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.

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.

SHLS vs. The Competition

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Metric	Shoals Technologies Group	Solar Industry	Energy Sector	NASDAQ Exchange
Market Cap	$1.55B	$3.01B	$10.54B	$12.46B
Dividend Yield	N/A	2.93%	10.22%	5.30%
P/E Ratio	46.40	13.98	20.26	25.58
Price / Sales	3.27	73.14	1,056.81	63.56
Price / Cash	21.51	11.44	37.93	55.34
Price / Book	2.58	4.14	4.40	6.70
Net Income	$33.57M	$20.81M	$4.24B	$333.77M
7 Day Performance	18.37%	8.03%	1.59%	0.45%
1 Month Performance	28.53%	9.54%	4.73%	4.06%
1 Year Performance	51.88%	79.92%	52.62%	36.21%

Shoals Technologies Group Competitors List

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Company	MarketRank	Share Price	Analysts' Price Target	1Y Price Performance	Market Cap	Revenue	P/E Ratio	Employee Count	Indicator(s)
SHLS Shoals Technologies Group	2.8794 of 5 stars	$9.28 +1.9%	$9.64 +3.9%	+51.1%	$1.55B	$475.33M	46.40	1,480	Positive News
ARRY Array Technologies	3.1055 of 5 stars	$7.66 -2.3%	$10.50 +37.1%	+6.5%	$1.20B	$1.28B	N/A	1,200	Analyst Downgrade
ONDS Ondas	2.8821 of 5 stars	$9.73 -5.7%	$17.25 +77.3%	+928.1%	$5.01B	$50.73M	N/A	70	Earnings Report Options Volume Gap Up
KLIC Kulicke and Soffa Industries	3.5008 of 5 stars	$87.85 +1.8%	$50.50 -42.5%	+201.4%	$4.52B	$654.08M	N/A	2,592	Analyst Upgrade Insider Trade
OLED Universal Display	4.8536 of 5 stars	$96.56 +0.2%	$130.60 +35.3%	-41.2%	$4.51B	$650.61M	21.55	440

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This page (NASDAQ:SHLS) was last updated on 5/14/2026 by MarketBeat.com Staff.

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Shoals Technologies Group (SHLS) Competitors

SHLS vs. ARRY, ONDS, KLIC, OLED, and PI

How does Shoals Technologies Group compare to Array Technologies?

Summary

How does Shoals Technologies Group compare to Ondas?

Summary

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

Summary

How does Shoals Technologies Group compare to Universal Display?

Summary

How does Shoals Technologies Group compare to Impinj?

Summary

New MarketBeat Followers Over Time

Media Sentiment Over Time

SHLS vs. The Competition

Shoals Technologies Group Competitors List

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Stock Ideas and Recommendations

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Shoals Technologies Group (SHLS) Competitors

SHLS vs. ARRY, ONDS, KLIC, OLED, and PI

How does Shoals Technologies Group compare to Array Technologies?

Which has more risk and volatility, SHLS or ARRY?

Does the media favor SHLS or ARRY?

Do analysts rate SHLS or ARRY?

Which has preferable valuation & earnings, SHLS or ARRY?

Is SHLS or ARRY more profitable?

Summary

How does Shoals Technologies Group compare to Ondas?

Do institutionals and insiders hold more shares of SHLS or ONDS?

Which has more risk and volatility, SHLS or ONDS?

Does the media prefer SHLS or ONDS?

Do analysts prefer SHLS or ONDS?

Which has higher valuation & earnings, SHLS or ONDS?

Is SHLS or ONDS more profitable?

Summary

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

Does the media prefer KLIC or SHLS?

Which has stronger earnings & valuation, KLIC or SHLS?

Is KLIC or SHLS more profitable?

Which has more risk & volatility, KLIC or SHLS?

Do analysts prefer KLIC or SHLS?

Do insiders & institutionals hold more shares of KLIC or SHLS?

Summary

How does Shoals Technologies Group compare to Universal Display?

Do institutionals & insiders hold more shares of OLED or SHLS?

Is OLED or SHLS more profitable?

Which has more volatility and risk, OLED or SHLS?

Do analysts prefer OLED or SHLS?

Which has preferable earnings and valuation, OLED or SHLS?

Does the media favor OLED or SHLS?

Summary

How does Shoals Technologies Group compare to Impinj?

Which has stronger valuation & earnings, SHLS or PI?

Is SHLS or PI more profitable?

Do analysts recommend SHLS or PI?

Which has more volatility and risk, SHLS or PI?

Does the media refer more to SHLS or PI?

Summary

New MarketBeat Followers Over Time

Media Sentiment Over Time

SHLS vs. The Competition

Shoals Technologies Group Competitors List

Related Companies and Tools

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools