SHLS

Shoals Technologies Group Inc
NASDAQTECHNOLOGYSOLAR

Key Statistics

Market Cap
$1.70B
P/E Ratio
45.82
EPS
$0.22
Beta
1.85
52W High
$13.18
52W Low
$5.43
50-Day MA
$7.68
200-Day MA
$8.46
Dividend Yield
—
Profit Margin
5.84%
Forward P/E
14.51
PEG Ratio
0.60

About Shoals Technologies Group Inc

Shoals Technologies Group, Inc. provides Electric Balance System (EBOS) solutions for solar energy projects in the United States. The company is headquartered in Portland, Tennessee.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$647.56M
Gross Profit (TTM)$201.08M
EBITDA$112.07M
Operating Margin15.80%
Return on Equity6.16%
Return on Assets6.45%
Revenue/Share (TTM)$3.86
Book Value$3.79
Price-to-Book2.38
Price-to-Sales (TTM)2.62
EV/Revenue2.637
EV/EBITDA20.51
Quarterly Earnings Growth (YoY)51.60%
Quarterly Revenue Growth (YoY)43.80%
Shares Outstanding$168.47M
Float$166.78M
% Insiders1.05%
% Institutions119.50%

Historical Volatility

HV 10-Day
91.34%
HV 20-Day
88.51%
HV 30-Day
75.15%
HV 60-Day
71.91%
HV Rank
48.0%

Volatility is currently expanding

Analyst Ratings

Consensus ($11.17 target)
4
Strong Buy
8
Buy
6
Hold
1
Strong Sell

Latest News

Shoals Technologies Group Q3 Earnings Call Highlights

Shoals Technologies Group NASDAQ: SHLS and ARRAY Technologies announced plans to combine in a stock-for-stock merger, forming an integrated energy-infrastructure platform focused on utility-scale solar and adjacent markets. The companies expect the transaction to close in the first quarter of 2027, subject to shareholder and regulatory approvals.

MarketBeat11/4/2026Neutral
Shoals Technologies Group, Inc. Reports Financial Results for Third Quarter 2026

– Quarterly Revenue of $195.3 million – – Income from Operations of $29.0 million – – Net Income of $17.9 million – – Adjusted EBITDA1 of $39.8 million – – Backlog and Awarded Orders of $791.7 million – – Provides Fourth Quarter and Raises Full-year Outlook – PORTLAND, Tenn., Nov. 04, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a global leader in electrical infrastructure solutions for the energy transition market, today announced results for its third quarter ended September 30, 2026.

GlobeNewsWire11/4/2026Neutral
ARRAY Technologies and Shoals Technologies Group Announce Transformative Merger, Creating an Integrated Energy Infrastructure Platform

ALBUQUERQUE, N.M. and PORTLAND, Tenn., Nov. 04, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies (Nasdaq: ARRY) (“ARRAY”), a leading provider of structural balance-of-system (“SBOS”) solutions for utility-scale solar, and Shoals Technologies Group, Inc. (Nasdaq: SHLS) (“Shoals”), a leading provider of electrical balance-of-system (“EBOS”) solutions for utility-scale solar and battery energy storage, today announced that they have entered into a definitive agreement to combine in a stock-for-stock merger (the “Merger Agreement”). The transaction creates an integrated energy infrastructure platform that brings together complementary, market-leading solutions across foundations, trackers, fixed-tilt racking, electrical infrastructure, wire management and power delivery systems.

GlobeNewsWire11/4/2026Neutral
Shoals Technologies Group Prevails in Patent Infringement Case Against Voltage in North Carolina

PORTLAND, Tenn., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”) (Nasdaq: SHLS), a global leader in electrical infrastructure solutions for the energy transition market, today announced a favorable outcome in its patent infringement lawsuit against Voltage, LLC and Ningbo Voltage Smart Production Co. (collectively “Voltage”) in the U.S. District Court for the Middle District of North Carolina.

GlobeNewsWire8/26/2026Neutral
Shoals and ON.energy Advance U.S. Manufacturing for the Nation's Largest 1.1 GW Grid-Connected Battery Project at Hyperscale Data Center

PORTLAND, Tenn., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”) (Nasdaq: SHLS), a global leader in electrical infrastructure solutions for the energy transition market, today announced that manufacturing and deliveries are underway for a 1.1 GW hyperscale data center project under its commercial relationship with ON.energy, a developer of grid-safe power architecture for AI data centers.

GlobeNewsWire8/18/2026Neutral

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Data last updated: 11/7/2026