Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc.

SHLSยทNASDAQ

$12.39

+3.1%
EnergySolar

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It produces EBOS components, including cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. The company also sells EV Charging solutions for public and fleet electric vehicle charging stations; and EBOS systems. It sells its products principally to engineering, procurement, and construction firms that build solar energy projects and install electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.

At a Glance

Live Snapshot
Market Cap$2.08B
EPS0.2000
P/E Ratio42.34
Earnings Date08/04/2026
shls

Shoals Technologies Group, Inc. Street Expectations Map

SHLS ยท NASDAQ

Wall Street analysts project that SHLS stock may decline over the coming 12 months. The consensus 1-year price target stands at 8.75, with estimates ranging from a low of 8.00 to a high of 9.50.

Lowest Target
8.00
-35.43%
Consensus Target
8.75
-29.38%
Highest Target
9.50
-23.33%

The consensus 1-year price target stands at 8.75, with estimates ranging from a low of 8.00 to a high of 9.50.

Analyst Consensus Analysis

Upside Potential

-29.4%

Significant downside risk. Stock trading well above analyst consensus suggests elevated valuation concerns and potential correction.

Analyst Agreement

17.1% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Risk-Reward Profile

0.66x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Consensus overvaluation: Analysts agree the stock is richly valued with limited upside. Consider booking profits or defensive positioning unless you have contrarian conviction in unrecognized catalysts.

shls

Shoals Technologies Group, Inc. Forward Estimates of Revenue

SHLS ยท NASDAQ
Latest Revenue
475.33M
FY 2025
Avg Estimate
622.24M
FY 2026
Estimate Range
613.90M - 636.08M
Analyst Spread

Forward Growth Analysis

Projected Growth+30.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage13 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

shls

Shoals Technologies Group, Inc. Forward Estimates of Net Income

SHLS ยท NASDAQ
Latest Net Income
33.57M
FY 2025
Avg Estimate
71.03M
FY 2026
Estimate Range
55.44M - 86.63M
Analyst Spread

Forward Growth Analysis

Projected Growth+111.6%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage13 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread44%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

High forecast uncertainty: Wide estimate range indicates analysts struggling to predict outcomesโ€”suggests elevated risk and potential volatility.

shls

Shoals Technologies Group, Inc. Forward Estimates of EPS

SHLS ยท NASDAQ
Latest EPS
0.20
FY 2025
Avg Estimate
$0.41
FY 2026
Estimate Range
$0.33 - $0.51
Analyst Spread

Forward Growth Analysis

Projected Growth+105.8%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage11 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread45%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

High forecast uncertainty: Wide estimate range indicates analysts struggling to predict outcomesโ€”suggests elevated risk and potential volatility.

shls

Shoals Technologies Group, Inc. Forward Estimates of EBIT

SHLS ยท NASDAQ
Latest EBIT
58.51M
FY 2025
Avg Estimate
127.31M
FY 2026
Estimate Range
125.60M - 130.14M
Analyst Spread

Forward Growth Analysis

Projected Growth+117.6%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage13 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

shls

Shoals Technologies Group, Inc. Forward Estimates of EBITDA

SHLS ยท NASDAQ
Latest EBITDA
67.11M
FY 2025
Avg Estimate
146.04M
FY 2026
Estimate Range
144.09M - 149.29M
Analyst Spread

Forward Growth Analysis

Projected Growth+117.6%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage13 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

shls

Shoals Technologies Group, Inc. Forward Estimates of SG&A Expense

SHLS ยท NASDAQ
Latest SG&A Expense
101.52M
FY 2025
Avg Estimate
116.17M
FY 2026
Estimate Range
114.61M - 118.75M
Analyst Spread

Forward Growth Analysis

Projected Growth+14.4%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage13 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

shls

Shoals Technologies Group, Inc. Insider Positioning

SHLS ยท NASDAQ

During the last 12 months, insiders have sold $583K worth of SHLS shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

54.4K

461.73K

Net Activity

-462K

-$462K

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

8.4K

69.38K

Net Activity

-69K

-$69K

9-12 Months

Bought

0

0.00

Sold

9.2K

52.28K

Net Activity

-52K

-$52K

Top Buyers

No buying activity

Top Sellers

1
BD

Bardos Dominic

Officer: Chief Financial Officer

60.4K sharesโ€ข3 transactions

$512K

2
MB

Moss Brandon

Director, Officer: Chief Executive Officer

9.2K sharesโ€ข1 transactions

$52K

3
TJ

Tolnar Jeffery

Officer: President

2.5K sharesโ€ข1 transactions

$19K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $583K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$462K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

3 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.