Shoals Technologies Group (SHLS) – Research Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Shoals Technologies Group (NASDAQ: SHLS):

• 7/22/2026 – Shoals Technologies Group had its “neutral” rating reaffirmed by Citigroup Inc..
• 7/21/2026 – Shoals Technologies Group had its price target raised by The Goldman Sachs Group, Inc. from $11.00 to $13.00. They now have a “buy” rating on the stock.
• 7/14/2026 – Shoals Technologies Group had its price target raised by Jefferies Financial Group Inc. from $10.00 to $12.00. They now have a “buy” rating on the stock.
• 7/6/2026 – Shoals Technologies Group was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
• 7/2/2026 – Shoals Technologies Group had its “buy” rating reaffirmed by Roth Capital.
• 6/26/2026 – Shoals Technologies Group had its price target raised by Barclays PLC from $9.00 to $10.00. They now have an “overweight” rating on the stock.
• 6/11/2026 – Shoals Technologies Group had its price target raised by Wells Fargo & Company from $9.00 to $10.00. They now have an “equal weight” rating on the stock.

Insider Activity

In other Shoals Technologies Group news, insider Bobbie Lee King, Jr. sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $10.41, for a total transaction of $104,100.00. Following the completion of the sale, the insider directly owned 98,918 shares in the company, valued at approximately $1,029,736.38. This trade represents a 9.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Dominic Bardos sold 54,449 shares of Shoals Technologies Group stock in a transaction on Friday, May 8th. The stock was sold at an average price of $8.48, for a total value of $461,727.52. Following the completion of the sale, the chief financial officer directly owned 394,979 shares of the company’s stock, valued at approximately $3,349,421.92. The trade was a 12.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.81% of the company’s stock.

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.