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Energy - Solar - NASDAQ - US
$ 4.94
0.816 %
$ 826 M
Market Cap
44.91
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one SHLS stock under the worst case scenario is HIDDEN Compared to the current market price of 4.94 USD, Shoals Technologies Group, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one SHLS stock under the base case scenario is HIDDEN Compared to the current market price of 4.94 USD, Shoals Technologies Group, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one SHLS stock under the best case scenario is HIDDEN Compared to the current market price of 4.94 USD, Shoals Technologies Group, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SHLS

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$6.5$6.5$6.0$6.0$5.5$5.5$5.0$5.0$4.5$4.5$4.0$4.0$3.5$3.5$3.0$3.0$2.5$2.515 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
FINANCIALS
399 M REVENUE
-18.35%
51.2 M OPERATING INCOME
-35.25%
24.1 M NET INCOME
-39.64%
80.4 M OPERATING CASH FLOW
-12.58%
-8.39 M INVESTING CASH FLOW
22.62%
-71.2 M FINANCING CASH FLOW
-5.99%
80.4 M REVENUE
-24.89%
4.31 M OPERATING INCOME
-73.84%
-282 K NET INCOME
-3.61%
15.6 M OPERATING CASH FLOW
11.22%
-3.21 M INVESTING CASH FLOW
-109.60%
-251 K FINANCING CASH FLOW
-382.69%
Balance Sheet Shoals Technologies Group, Inc.
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Current Assets 188 M
Cash & Short-Term Investments 23.5 M
Receivables 99 M
Other Current Assets 65.8 M
Non-Current Assets 605 M
Long-Term Investments 0
PP&E 28.2 M
Other Non-Current Assets 577 M
2.96 %12.48 %8.30 %3.56 %72.69 %Total Assets$793.1m
Current Liabilities 80.9 M
Accounts Payable 20 M
Short-Term Debt 0
Other Current Liabilities 60.9 M
Non-Current Liabilities 155 M
Long-Term Debt 142 M
Other Non-Current Liabilities 13.6 M
8.48 %25.77 %59.99 %5.76 %Total Liabilities$236.3m
EFFICIENCY
Earnings Waterfall Shoals Technologies Group, Inc.
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Revenue 399 M
Cost Of Revenue 257 M
Gross Profit 142 M
Operating Expenses 90.8 M
Operating Income 51.2 M
Other Expenses 27 M
Net Income 24.1 M
400m400m350m350m300m300m250m250m200m200m150m150m100m100m50m50m00399m(257m)142m(91m)51m(27m)24mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
35.57% GROSS MARGIN
35.57%
12.82% OPERATING MARGIN
12.82%
6.04% NET MARGIN
6.04%
4.33% ROE
4.33%
3.04% ROA
3.04%
4.58% ROIC
4.58%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Shoals Technologies Group, Inc.
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90m90m80m80m70m70m60m60m50m50m40m40m30m30m20m20m10m10m00(10m)(10m)20192019202020202021202120222022202320232024202420252025
Net Income 24.1 M
Depreciation & Amortization 12.6 M
Capital Expenditures -8.39 M
Stock-Based Compensation 14.2 M
Change in Working Capital 0
Others 21 M
Free Cash Flow 72 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Shoals Technologies Group, Inc.
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Wall Street analysts predict an average 1-year price target for SHLS of $7.65 , with forecasts ranging from a low of $5 to a high of $12 .
SHLS Lowest Price Target Wall Street Target
5 USD 1.21%
SHLS Average Price Target Wall Street Target
7.65 USD 54.86%
SHLS Highest Price Target Wall Street Target
12 USD 142.91%
Price
Max Price Target
Min Price Target
Average Price Target
1212111110109988776655443322Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 4
6. Ownership
Insider Ownership Shoals Technologies Group, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
124 K USD 4
6-9 MONTHS
45.9 K USD 3
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
98 K USD 1
3-6 MONTHS
172 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Shoals Technologies Group, Inc. (SHLS) Q1 2025 Earnings Call Transcript Shoals Technologies Group, Inc. (NASDAQ:SHLS ) Q1 2025 Earnings Conference Call May 6, 2025 8:00 AM ET Company Participants Matt Tractenberg - VP, Finance & IR Brandon Moss - CEO Dominic Bardos - CFO Conference Call Participants Michael Fairbanks - JPMorgan Brian Lee - Goldman Sachs Colin Rusch - Oppenheimer Philip Shen - ROTH Capital Partners Maheep Mandloi - Mizuho Mo Chen - Truist Securities Praneeth Satish - Wells Fargo Derek Soderberg - Cantor Fitzgerald Kashy Harrison - Piper Sandler Operator Good morning, and welcome to the Shoals Technologies Group First Quarter 2025 Earnings Conference Call. Today's call is being recorded and we have allocated 1 hour for prepared remarks and Q&A. seekingalpha.com - 1 month ago
Shoals Technologies Group (SHLS) Lags Q1 Earnings Estimates Shoals Technologies Group (SHLS) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.07 per share a year ago. zacks.com - 1 month ago
Surf Air Mobility ($SRFM) | Shoals Technologies ($SHLS) | ARRAY ($ARRY) | Canadian Solar ($CSIQ) Welcome to the Green Stock News brief for Tuesday May 6th. Here are today's top headlines: Surf Air Mobility (NYSE: SRFM) announced that its subsidiary, Mokulele Airlines, has entered an interline agreement with Japan Airlines, enabling streamlined booking for travelers connecting through Honolulu to multiple Hawaiian destinations. youtube.com - 1 month ago
Shoals Technologies Group, Inc. Reports Financial Results for First Quarter 2025 –  Quarterly Revenue of $80.4 million  – –  Gross Margin of 35.0%  – –  Net Loss of $(0.3) million  – –  Adjusted EBITDA1 of $12.8 million  – –  Backlog and Awarded Orders Increased 5% Year-Over-Year to $645.1 million  – –  Provides Second Quarter and Full Year 2025 Outlook  – PORTLAND, Tenn., May 06, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions and components, including battery energy storage solutions (“BESS”) and Original Equipment Manufacturer (“OEM”) components for the global energy transition market, today announced results for its first quarter ended March 31, 2025. globenewswire.com - 1 month ago
Shoals Technologies Group, UGT Renewables and Sun Africa Announce Collaboration on up to 12GW of Solar Projects PORTLAND, Tenn., May 05, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announced today the execution of a Memorandum of Understanding (MOU) with UGT Renewables to collaborate on up to 12 gigawatts (GW) of global solar projects currently in UGT Renewables' development pipeline. globenewswire.com - 1 month ago
Shoals Technologies Group (SHLS) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release Shoals Technologies (SHLS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 month ago
The Bottom Fishing Club - Shoals Technologies: American Made Solar Play Solar-related stocks with comprehensive U.S. production have rebounded in April, after being oversold on Trump election fears. Shoals Technologies manufactures patented/proprietary parts for wiring solar panels, setting up energy-efficient battery storage, and connecting to the utility grid, with expanding production in Alabama/Tennessee. Analysts are forecasting an upturn in business for SHLS during 2025-26, with a nearly 12% free cash flow yield available upfront for new investors. seekingalpha.com - 1 month ago
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP. zacks.com - 1 month ago
Shoals Technologies Group, Inc. Announces Participation in Upcoming Events for the Investor Community PORTLAND, Tenn., April 23, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a global leader in electrical balance of systems (“EBOS”) solutions for the energy transition market, announced today its participation in the following upcoming investor events: May 8, 2025: Mizuho Virtual Fireside Chat Shoals' CEO, Brandon Moss, will participate in a fireside chat with covering analyst Maheep Mandloi. globenewswire.com - 1 month ago
Shoals Technologies Group, Inc. Announces First Quarter 2025 Earnings Release Date and Conference Call PORTLAND, Tenn., April 07, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its first quarter 2025 results before market open on Tuesday, May 6, 2025, to be followed by a conference call at 8:00 a.m. globenewswire.com - 2 months ago
Shoals Technologies Long-Term Shareholder Announcement: Johnson Fistel Encourages Investors to Reach Out For More Information SAN DIEGO, March 28, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (NASDAQ: SHLS) against certain of its officers and directors to hold them responsible for damages they allegedly caused the company to suffer. globenewswire.com - 2 months ago
Shoals Technologies Group and First Solar Continue Partnership PORTLAND, Tenn., March 26, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”) (Nasdaq: SHLS), a global leader in electrical balance of systems (“EBOS”) solutions for the energy transition market, announced its continued commitment to investment in domestic manufacturing in Alabama with First Solar, Inc. (Nasdaq: FSLR). globenewswire.com - 2 months ago
8. Profile Summary

Shoals Technologies Group, Inc. SHLS

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COUNTRY US
INDUSTRY Solar
MARKET CAP $ 826 M
Dividend Yield 0.00%
Description 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.
Contact 1400 Shoals Way, Portland, TN, 37148 https://www.shoals.com
IPO Date Jan. 28, 2021
Employees 1290
Officers Mr. Dominic Bardos Chief Financial Officer Ms. Karen Bazela Vice President of Sales Mr. Christian Chad Warpula Interim Chief Legal Officer Mr. Brandon Moss Director & Chief Executive Officer Mr. James Hart Chief People Officer Ms. Inez Lund Chief Accounting Officer Ms. Lindsey Williams Vice President of Marketing Mr. Jeffery Tolnar President Ms. Kirsten Moen Chief Operations Officer Mr. Matthew Tractenberg Vice President of Finance & Investor Relations