Shoals Technologies Group, Inc. (NASDAQ:SHLS) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shoals Technologies Group, Inc. (NASDAQ:SHLS) has received a consensus recommendation of “Moderate Buy” from the seventeen research firms that are covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $9.7143.

Several research analysts recently issued reports on SHLS shares. Citigroup reduced their target price on shares of Shoals Technologies Group from $11.00 to $8.50 and set a “neutral” rating for the company in a report on Thursday. TD Cowen reissued a “buy” rating on shares of Shoals Technologies Group in a report on Tuesday. Needham & Company LLC dropped their target price on Shoals Technologies Group from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Wednesday. Wall Street Zen downgraded Shoals Technologies Group from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Shoals Technologies Group in a research report on Friday, January 9th.

Insider Transactions at Shoals Technologies Group

In related news, CFO Dominic Bardos sold 4,170 shares of the firm’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $7.83, for a total transaction of $32,651.10. Following the sale, the chief financial officer owned 412,289 shares in the company, valued at approximately $3,228,222.87. This trade represents a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.67% of the company’s stock.

Institutional Investors Weigh In On Shoals Technologies Group

Several hedge funds have recently modified their holdings of the company. Royal Bank of Canada increased its stake in shares of Shoals Technologies Group by 292.5% in the 1st quarter. Royal Bank of Canada now owns 106,531 shares of the company’s stock valued at $353,000 after purchasing an additional 79,392 shares in the last quarter. AQR Capital Management LLC boosted its position in Shoals Technologies Group by 184.7% during the first quarter. AQR Capital Management LLC now owns 922,358 shares of the company’s stock worth $2,975,000 after purchasing an additional 598,407 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Shoals Technologies Group in the first quarter valued at approximately $57,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Shoals Technologies Group by 8.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 517,507 shares of the company’s stock valued at $1,718,000 after purchasing an additional 38,983 shares during the period. Finally, Vanguard Personalized Indexing Management LLC increased its position in shares of Shoals Technologies Group by 43.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 14,569 shares of the company’s stock valued at $62,000 after buying an additional 4,412 shares in the last quarter.

Shoals Technologies Group Trading Down 6.6%

Shares of NASDAQ:SHLS opened at $5.93 on Friday. The company has a quick ratio of 1.53, a current ratio of 2.03 and a debt-to-equity ratio of 0.23. Shoals Technologies Group has a 52-week low of $2.71 and a 52-week high of $11.36. The stock has a market cap of $992.61 million, a price-to-earnings ratio of 29.65, a PEG ratio of 0.53 and a beta of 1.70. The business has a 50-day moving average price of $9.27 and a 200-day moving average price of $8.50.

Shoals Technologies Group (NASDAQ:SHLS) last issued its earnings results on Tuesday, February 24th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). Shoals Technologies Group had a net margin of 7.06% and a return on equity of 9.10%. The firm had revenue of $148.33 million during the quarter, compared to analysts’ expectations of $144.52 million. During the same quarter in the prior year, the company earned $0.08 EPS. Shoals Technologies Group’s quarterly revenue was up 38.6% on a year-over-year basis. Equities analysts predict that Shoals Technologies Group will post 0.29 EPS for the current year.

Key Headlines Impacting Shoals Technologies Group

Here are the key news stories impacting Shoals Technologies Group this week:

• Positive Sentiment: Shoals announced a deployment of critical power systems with ON.energy for a leading AI data‑center operator — a diversification into high-margin, non-solar infrastructure demand that supports longer-term revenue visibility. Shoals Technologies Group and ON.energy to deploy critical power systems for leading AI data center operator
• Positive Sentiment: Shoals reported record Q4 revenue of $148M (up ~38.6% YoY) and full‑year revenue growth of ~19%, showing demand for its balance‑of‑systems products remains strong even as margins are pressured. Shoals reports record $148 million Q4 revenue, full-year growth of 19%
• Neutral Sentiment: Analyst coverage shifted toward neutral/hold: BNP Paribas Exane raised Shoals to “Neutral,” and Benzinga summarized broader analyst expectations — the coverage signals caution rather than conviction. Shoals Technologies Group (NASDAQ:SHLS) Raised to “Neutral” at BNP Paribas Exane
• Neutral Sentiment: Morgan Stanley and Barclays issued new price targets ($8.50 and $9.00 respectively), providing upside from the current level but maintaining cautious stances. These anchor expectations but are not outright buys. Shoals Technologies Group (NASDAQ:SHLS) Given New $8.50 Price Target at Morgan Stanley
• Negative Sentiment: Citigroup trimmed its price target from $11.00 to $8.50 and kept a neutral rating — a downgrade in valuation that puts near‑term upside expectations lower and can pressure the stock. Benzinga
• Negative Sentiment: Shoals posted an EPS miss (reported $0.10 vs. $0.14 expected) and shares gapped down after the print; investors are focused on margin pressure and whether profitability will reaccelerate. Shoals Technologies Group (NASDAQ:SHLS) Shares Gap Down Following Weak Earnings
• Negative Sentiment: Broader solar sector headwinds—tariffs, shifting federal energy policy and softer-than-expected demand—are weighing on investor sentiment for suppliers like Shoals. This sector narrative is amplifying the stock’s decline. Solar Stocks Crashed This Week. Why the Problems Could Last.

Shoals Technologies Group Company Profile

Shoals Technologies Group, Inc is a leading provider of electrical balance-of-system (BOS) solutions for the solar energy industry. The company designs, engineers and manufactures a comprehensive portfolio of products, including junction boxes, combiner boxes, cable assemblies, power distribution units and monitoring systems. These components are critical to interconnecting photovoltaic modules, optimizing energy output and ensuring safe, reliable performance across solar installations.

Founded in 1996 and headquartered in Portland, Tennessee, Shoals has grown its manufacturing and operations footprint to serve customers around the globe.