Back to Results

Shoals Technologies Group Inc (SHLS)

Shoals Technologies Group, Inc. is a common stock listing on the NASDAQ under the symbol SHLS. The company develops electrical balance of system (EBOS) solutions and related components for the solar and battery storage industries in the United States and international markets. Its product lineup includes big lead assembly solutions, homerun and interconnection products, extension solutions, combiners and re-combiners, load break disconnects, transition solutions, wireless performance monitoring, and battery energy storage solutions. Shoals also supplies OEM components and provides technical support during installation and the transition into operations and maintenance. The company serves engineering, procurement and construction firms, utilities, solar developers, independent power producers, solar module manufacturers, and charge point operators. Founded in 1996, Shoals Technologies Group is headquartered in Portland, Tennessee.


Stock Summary Fair Value Profitability & Growth Quality & Risk Events & Dividends Market Outlook FAQ

Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Free Cash Flow / Net Income
NASDAQ-SHLS
$9.27
13.8% Upside
Fair
$11.32
38.8% Upside
Undervalued
Fair
0.0%
November 10, 2026
41.4x
2.1x
2.2x
1.372 B
1.537 B
15.1%
99.0%
3.4
-162.0%
Valuation • Fair Value

Shoals Technologies Group Inc (NASDAQ-SHLS) Fair Value by Valuation Model

Review the available estimates for Shoals Technologies Group Inc (NASDAQ-SHLS), including DCF Fair Value, Ben Graham Formula Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$9.27

Estimated upside of 13.8% versus the current market price.

Fair Value Confidence

Med

Confidence level for the primary fair value estimate.

DCF Fair Value

$9.43

Discounted cash flow valuation reference.

Ben Graham Formula Value

$2.10

Classic Ben Graham valuation formula reference.

Comps Fair Value

$9.12

Comparable-company valuation reference.

Analyst Price Target

$11.32

Analysts imply upside of 38.8%.

How to read these valuation models

Use the 6 available valuation references for Shoals Technologies Group Inc (NASDAQ-SHLS) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for Shoals Technologies Group Inc (NASDAQ-SHLS)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

588.1 M

Current operating scale indicator.

Revenue Forecast

629.2 M

Forward revenue estimate.

EBITDA

100.6 M

Current operating profitability reference.

EBITDA Forecast

125.4 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Shoals Technologies Group Inc (NASDAQ-SHLS) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Shoals Technologies Group Inc (NASDAQ-SHLS)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Fair

Mixed or neutral financial-health read.

Piotroski Score

3

Weak quality score that deserves closer review.

Beneish M-Score

-1.99

Intermediate zone that deserves monitoring.

Altman Z-Score

3.4

Relatively strong balance-sheet zone.

FCF / Net Income

-162.0%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Shoals Technologies Group Inc (NASDAQ-SHLS). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Shoals Technologies Group Inc (NASDAQ-SHLS)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

November 10, 2026

Days to Earnings

49

Dividend Yield

0.0%

No current dividend yield is indicated.

How to read events and dividends

This section helps investors track time-sensitive items for Shoals Technologies Group Inc (NASDAQ-SHLS), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Shoals Technologies Group Inc (NASDAQ-SHLS) Stock Forecast & Technical Outlook

Review Shoals Technologies Group Inc (NASDAQ-SHLS) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Buy

The 15-minute technical read for Shoals Technologies Group Inc (NASDAQ-SHLS) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Buy

The 1-hour technical read for Shoals Technologies Group Inc (NASDAQ-SHLS) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Buy

The daily technical read for Shoals Technologies Group Inc (NASDAQ-SHLS) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Sell

The weekly technical read for Shoals Technologies Group Inc (NASDAQ-SHLS) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Sell

The monthly technical read for Shoals Technologies Group Inc (NASDAQ-SHLS) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Shoals Technologies Group Inc (NASDAQ-SHLS)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Buy

Based on the available recommendation mix, Shoals Technologies Group Inc (NASDAQ-SHLS) has a Buy consensus, with 8 buy, 6 hold and 0 sell recommendations in the current data set.

Buy 8
Hold 6
Sell 0
FAQ • Fast Investor Answers

Shoals Technologies Group Inc (NASDAQ-SHLS) Stock FAQ

Data-supported answers about Shoals Technologies Group Inc (NASDAQ-SHLS), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$9.27
Estimated upside 13.8%
Valuation Rating
Undervalued
Estimated upside of 13.8%
Analyst Target
$11.32
Implied upside 38.8%
Financial Health
Fair
Current financial-health read

The current fair value estimate for Shoals Technologies Group Inc (NASDAQ-SHLS) is $9.27. This implies an estimated upside of 13.8% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 13.8% versus the current market price.

The available analyst price target for Shoals Technologies Group Inc (NASDAQ-SHLS) is $11.32. The analyst target implies estimated upside of 38.8%.

The current financial health read for Shoals Technologies Group Inc (NASDAQ-SHLS) is Fair. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Shoals Technologies Group Inc (NASDAQ-SHLS) is November 10, 2026.

The latest available data indicates no current dividend yield for Shoals Technologies Group Inc (NASDAQ-SHLS).

The current P/E ratio listed for Shoals Technologies Group Inc (NASDAQ-SHLS) is 41.4x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Shoals Technologies Group Inc is 1.372 B.

The current enterprise value listed for Shoals Technologies Group Inc is 1.537 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Shoals Technologies Group Inc is NASDAQ-SHLS, and the stock is listed on NASDAQ.

Shoals Technologies Group Inc (NASDAQ-SHLS) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for Shoals Technologies Group Inc is 15.1%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Shoals Technologies Group Inc is 99.0%. Free float helps investors understand how much of the share base is available for public trading.

Similar Electrical Equipment Stocks View more on NASDAQ

Comparable companies from the same industry, limited to one security per issuer.

GEV NYSE GE Vernova LLC Fair Value Overvalued Market Cap 253.1 B
ETN NYSE Eaton Corporation PLC Fair Value Overvalued Market Cap 171.9 B
VRT NYSE Vertiv Holdings Co Fair Value Overvalued Market Cap 97.579 B
EMR NYSE Emerson Electric Company Fair Value Fair Market Cap 86.007 B
BE NYSE Bloom Energy Corp Fair Value Overvalued Market Cap 81.446 B
AME NYSE Ametek Inc Fair Value Fair Market Cap 56.263 B
ROK NYSE Rockwell Automation Inc Fair Value Fair Market Cap 47.439 B
NVT NYSE nVent Electric PLC Fair Value Fair Market Cap 26.326 B
HUBB NYSE Hubbell Inc Fair Value Fair Market Cap 24.241 B
NXT NASDAQ Nextpower Inc Fair Value Fair Market Cap 12.521 B
VICR NASDAQ Vicor Corporation Fair Value Overvalued Market Cap 12.372 B
GNRC NYSE Generac Holdings Inc Fair Value Fair Market Cap 12.177 B
FPS NYSE Forgent Power Solutions Inc Fair Value Fair Market Cap 11.704 B
RRX NYSE Regal Beloit Corporation Fair Value Fair Market Cap 10.165 B
AYI NYSE Acuity Brands Inc Fair Value Fair Market Cap 9.241 B
POWL NASDAQ Powell Industries Inc Fair Value Overvalued Market Cap 6.991 B
ENS NYSE Enersys Fair Value Fair Market Cap 6.483 B
ST NYSE Sensata Technologies Holding NV Fair Value Fair Market Cap 6.136 B
SMR NYSE Nuscale Power Corp Fair Value Fair Market Cap 3.818 B
ATKR NYSE Atkore International Group Inc Fair Value Fair Market Cap 3.192 B