SHLS logo

Shoals Technologies Group
SHLS

Last Price

Financial Snapshot

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Market Data

Market Cap
$1.42B
EV
$1.58B
Shares Outstanding
167.39M
Beta
1.70
Industry
Solar

Wall Street View

Analyst Rating
OUTPERFORM
Analyst Target Price
Number of Analysts
20
P/E 2025E
21.70x
P/Revenue 2025E
3.01x

Historical 3Y Growth Rate

Revenue
EPS
Operating Cash Flow
Free Cash Flow

Forecasted 3Y Growth Rate

Revenue
EPS
Operating Cash Flow
Free Cash Flow

Margins & Returns

Gross Margin 2025E
37.03%
Net Profit Margin 2025E
9.69%
ROE 2025E
10.31%
ROCE 2024
4.38%

Dividends

DPS 2025E
$0.00
Payout Ratio 2025E
0.00%
Div. Yield 2025E
0.00%
DPS Last 3Y CAGR

Price Dynamic

Price

%

1M

3M

6M

1Y

3Y

5Y

Peers

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About Shoals Technologies Group, Inc.

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SHLS logo

Shoals Technologies Group, Inc.

SHLS

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. The company designs, manufactures, and sells various products used by the solar and battery storage industries, including so...

Sector

Energy

Industry

Solar

CEO

Moss, Brandon

Employees

1,290

IPO Date

2021-01-28

Headquarters

1400 Shoals Way, Portland, Tennessee, 37148, United States

📊 Stock Price & Performance

The last closing price of Shoals Technologies Group (SHLS) is $8.50, reflecting a -0.82% change from the prior session. Last updated: December 31, 2025 at 4:03 PM Eastern Time

Review the recent SHLS stock performance trends:Past 1 Month: Shoals Technologies Group (SHLS) shares have +1.31%.Past 3 Months: The stock has +14.71%.Past 6 Months: SHLS shares have +100.00%. Last updated: December 31, 2025 at 11:33 PM Eastern Time

Over the last year, Shoals Technologies Group (SHLS) has established a 52-week price range between a high of $11.36 and a low of $2.71. This metric is essential for assessing the stock's annual volatility. Last updated: December 31, 2025 at 11:33 PM Eastern Time

Shoals Technologies Group (SHLS) is considered a high volatility stock. It has a beta of 1.70, which means it typically moves 1.70 times as much as the broader market. Over the past 52 weeks, SHLS has traded within a $2.71 – $11.36 range. Last updated: December 31, 2025 at 11:33 PM Eastern Time

Based on current SHLS analyst forecasts and market assumptions, the consensus price target for Shoals Technologies Group (SHLS) is $10.15 for 2027. Relative to the current price of $8.50, this implies a positive upside of +19.41%. Price targets reflect forward-looking estimates based on information available at the time and are inherently subject to change as underlying assumptions, company fundamentals, or market conditions evolve. Last updated: December 31, 2025 at 11:33 PM Eastern Time

💰 Financial Metrics & Reports

The current Shoals Technologies Group (SHLS) market capitalization is approximately $1.42B, based on its latest share price and shares outstanding. Market capitalization represents the total market value of a company's equity and is calculated by multiplying the current stock price by the number of shares outstanding. As a result, Shoals Technologies Group's market cap fluctuates with changes in its share price and share count. Last updated: December 31, 2025 at 11:33 PM Eastern Time

In the most recently reported quarter, Shoals Technologies Group (SHLS) generated $135.80M in revenue, representing a +32.93% year over year change. For the next quarter, analyst consensus currently expects revenue of approximately $144.66M, implying an expected +35.21% year over year change. Quarterly revenue results and expectations reflect underlying demand trends, pricing dynamics, product or service mix, seasonality, and broader macroeconomic conditions. Actual results may differ from consensus estimates as new information becomes available. Last updated: December 31, 2025 at 7:25 PM Eastern Time

In the most recently reported fiscal year, Shoals Technologies Group (SHLS) generated net income of $24.13M, compared with $39.97M in the prior fiscal year, representing a -39.64% year over year change. For the upcoming fiscal year, analyst consensus currently estimates net income of $45.72M. Net income may be positive or negative and can fluctuate materially from year to year due to changes in operating performance, non-recurring or one-time items, accounting treatments, capital structure, and broader macroeconomic conditions. Last updated: December 31, 2025 at 7:25 PM Eastern Time

According to its latest quarterly filing, Shoals Technologies Group (SHLS) reported EBITDA of $31.97M, representing a +30.33% year over year change. For the upcoming quarter, analyst consensus currently expects EBITDA of $37.29M, reflecting assumptions around revenue trends, operating costs, scale efficiencies, and margin dynamics. EBITDA is a non-GAAP measure and does not account for depreciation, amortization, interest expense, taxes, or capital expenditures. As a result, it should be considered alongside other financial metrics when assessing operating performance. Actual results may differ from estimates as company-specific or macroeconomic conditions evolve. Last updated: December 31, 2025 at 7:25 PM Eastern Time

As of the most recent reporting period, the company's debt-to-equity ratio stands at 0.28x, calculated as total debt divided by total shareholders' equity. A lower debt-to-equity ratio generally indicates a more conservative capital structure with less reliance on external borrowing, while a higher ratio suggests greater financial leverage and potentially higher sensitivity to interest rates, refinancing conditions, and earnings volatility. The debt-to-equity ratio should be interpreted in the context of the company's industry, business model, cash flow stability, and balance sheet composition. Last updated: December 31, 2025 at 7:25 PM Eastern Time

Based on the latest available data, Shoals Technologies Group (SHLS) is currently trading at a last twelve months (LTM) P/E ratio of 25.76x. Looking forward, the stock trades at a next twelve months (NTM) P/E ratio of 17.00x, based on consensus earnings estimates. The P/E ratio reflects how much investors are willing to pay today for a dollar of earnings and can vary meaningfully over time due to changes in profitability, growth expectations, margin outlook, and earnings volatility. Last updated: December 31, 2025 at 7:25 PM Eastern Time

📅 Earnings & Dividends

Shoals Technologies Group (SHLS) is currently scheduled to report its next earnings results on February 23, 2026. Earnings dates are subject to change and may be updated by the company with limited notice. Investors typically monitor upcoming earnings releases closely, as they can result in increased volatility depending on reported results, forward guidance, and management commentary. Last updated: December 31, 2025 at 11:33 PM Eastern Time

In the most recently reported quarter, Shoals Technologies Group (SHLS) revenue was $135.80M, compared with analyst consensus expectations of $130.82M, representing a +3.81% revenue surprise versus expectations. Earnings per share (EPS) for the quarter were $0.12, compared with consensus estimates of $0.13, resulting in an -7.69% EPS surprise. Revenue and EPS surprises may be positive or negative and can influence near-term stock performance depending on expectations, forward guidance, and broader market and sector conditions. For a detailed history of analyst expectations versus reported results, view the full estimates vs. actuals track record here: 👉 Estimates vs. Actuals Last updated: December 31, 2025 at 7:25 PM Eastern Time

Shoals Technologies Group's (SHLS) earnings reports, including quarterly and annual financial statements, are available through the company's official regulatory filings with the U.S. Securities and Exchange Commission (SEC). On Gainify, you can access Shoals Technologies Group's full set of filings, including earnings releases, Form 10-Q, Form 10-K, and other disclosures, in one place: Shoals Technologies Group SEC Filings These filings provide detailed information on Shoals Technologies Group's financial performance and are considered the primary source of verified financial data for publicly traded companies.

Shoals Technologies Group (SHLS) does not currently pay a dividend. Over the last twelve months (LTM), the company paid $0.00 per share in dividends, and no dividend payments are currently expected over the next twelve months (NTM). Companies that do not pay dividends typically prioritize reinvesting cash into growth initiatives, capital expenditures, debt reduction, or strategic investments, though dividend policy may change in the future. Last updated: December 31, 2025 at 7:25 PM Eastern Time

📈 Analyst Information

Analyst assessments of whether Shoals Technologies Group (SHLS) consensus price target is overvalued or undervalued are generally expressed relative to consensus valuation frameworks and price targets, rather than as an absolute judgment.Current share price: $8.50Consensus price target: $10.15Implied return: +19.41% An implied return above current levels indicates that, on average, analysts view the stock as trading below their estimated fair value. Conversely, an implied return below current levels suggests the stock may be fully valued or priced above consensus expectations. This content is for informational purposes only and does not constitute investment advice. Last updated: December 31, 2025 at 7:25 PM Eastern Time

Based on the latest available analyst coverage, Shoals Technologies Group (SHLS) currently carries a Outperform consensus rating. Analysts' average SHLS price target is $10.15. Relative to the current share price of $8.50, this suggests a potential price change of approximately +19.41%. Analyst views are forward-looking estimates and should not be considered investment advice. Last updated: December 31, 2025 at 7:25 PM Eastern Time

Like other publicly traded stocks, Shoals Technologies Group (SHLS) shares are bought and sold on stock exchanges such as Nasdaq and other supported markets, depending on the listing. The most common way to buy shares is through an online brokerage account. To get started, you typically need to: Open an account with a licensed stock brokerComplete the broker's verification processFund your accountPlace a buy order for Shoals Technologies Group (SHLS) shares Trading involves risk, and investors should consider their financial objectives and risk tolerance before investing.

ℹ️ Company Information

At the top right of this page, you'll see a star icon labeled Add to watchlist. Click it to add SHLS to your watchlist.

Shoals Technologies Group trades under the ticker symbol SHLS on the Nasdaq stock exchange. The ticker SHLS is used to identify the company's common stock across trading platforms, market data providers, and regulatory filings.

As of the most recently reported period, Shoals Technologies Group (SHLS) employs approximately 1,290 people worldwide. Reported employee figures may fluctuate over time due to hiring activity, restructuring, automation initiatives, or changes in business strategy. Headcount data is typically disclosed in company filings and reflects full-time employees unless otherwise stated. Last updated: December 31, 2025 at 11:33 PM Eastern Time

Shoals Technologies Group (SHLS) operates in a highly competitive market with companies that often have different business models, geographic exposure, and end markets. While no two companies are identical, the following firms are generally considered the closest Shoals Technologies Group (SHLS) stock peers based on overlapping products, services, and competitive dynamics:Array Technologies (ARRY)Nextpower (NXT)Sunrun (RUN)Plug Power (PLUG)First Solar (FSLR)Fluence Energy (FLNC)SolarEdge Technologies (SEDG)Generac Holdings (GNRC) These peers may differ in size, business mix, financial profile, and strategic focus, but they are commonly referenced due to overlapping markets, customer segments, or competitive positioning relative to Shoals Technologies Group.

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Market data is sourced from S&P Global Market Intelligence. All insights and analysis are developed by Gainify. Copyright © 2026, S&P Global Market Intelligence. All rights reserved.

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