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

Company Overview

Shoals Technologies Group, Inc. (NASDAQ: SHLS) develops and supplies electrical balance-of-system (EBOS) products for solar energy installations. Its solutions connect, protect, combine and monitor the electrical output of photovoltaic panels, helping solar developers and installers improve system reliability and simplify project construction.

The company’s product portfolio includes wire harnesses, junction boxes, inline fuses, disconnects, recombiners, cable-management systems and other wiring and connectivity solutions. Shoals also offers monitoring and communications products, as well as system-level solutions designed for utility-scale, commercial and residential solar projects.

Founded in 1996, Shoals Technologies Group is headquartered in Portland, Tennessee. The company serves customers in the United States and international solar markets, including through products used in large-scale solar farms and distributed-generation installations. Its customers include solar developers, engineering and construction firms, electrical contractors and system integrators.

Key Stats

• Today's Range: $7.29 to $7.52
• 50-Day Range: $6.70 to $10.43
• 52-Week Range: $5.43 to $13.18
• Volume: 2.75 million shs
• Average Volume: 4.11 million shs
• Market Capitalization: $1.25 billion
• P/E Ratio: 39.05
• Dividend Yield: N/A
• Price Target: $10.71
• Consensus Rating: Moderate Buy

Shoals Technologies Group Stock Analysis - MarketRank™

Shoals Technologies Group scored higher than 90% of companies evaluated by MarketBeat, and ranked 184th out of 669 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Shoals Technologies Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.65, and is based on no strong buy ratings, 11 buy ratings, 6 hold ratings, and no sell ratings.

Upside Potential

Shoals Technologies Group has a consensus price target of $10.71, representing about 44.4% upside from its current price of $7.42.

Amount of Analyst Coverage

Shoals Technologies Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 35.29%

Earnings Growth

Earnings for Shoals Technologies Group are expected to grow by 35.29% in the coming year, from $0.34 to $0.46 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Shoals Technologies Group is 39.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.53.

Price to Earnings Ratio vs. Sector

The P/E ratio of Shoals Technologies Group is 39.05, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.16.

Price to Earnings Growth Ratio

Shoals Technologies Group has a PEG Ratio of 0.92. 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 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.95% 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 3.5, 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 6.82%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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 and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.94

News Sentiment

Shoals Technologies Group has a news sentiment score of 0.94. 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 0.58 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Shoals Technologies Group this week, compared to 4 articles on an average week.

Search Interest

Only 2 people have searched for SHLS on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

4 people have added Shoals Technologies Group to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

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.

Company Calendar

• Last Earnings: 8/04/2026
• Today: 9/28/2026
• Next Earnings (Estimated): 11/03/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Electrical Equipment
• Sub-Industry: Electrical Components & Equipment
• Current Symbol: NASDAQ:SHLS
• CIK: 1831651
• Web: www.shoals.com
• Phone: 615-451-1400
• Fax: N/A
• Employees: 1,480
• Year Founded: 1996

Price Target and Rating

• Average Price Target for Shoals Technologies Group: $10.71
• High Price Target: $13.00
• Low Price Target: $8.50
• Potential Upside/Downside: +44.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.65
• Research Coverage: 17 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.19
• Trailing P/E Ratio: 39.05
• Forward P/E Ratio: 21.82
• P/E Growth: 0.92
• Net Income: $33.57 million
• Net Margins: 5.41%
• Pretax Margin: 7.59%
• Return on Equity: 10.07%
• Return on Assets: 6.38%

Debt

• Debt-to-Equity Ratio: 0.32
• Current Ratio: 2.25
• Quick Ratio: 1.12

Sales & Book Value

• Annual Sales: $475.33 million
• Price / Sales: 2.63
• Cash Flow: $0.40 per share
• Price / Cash Flow: 18.62
• Book Value: $3.58 per share
• Price / Book: 2.07

Miscellaneous

• Outstanding Shares: 168,300,000
• Free Float: 166,937,000
• Market Cap: $1.25 billion
• Optionable: Optionable
• Beta: 1.89