Shoals Technologies Group (NASDAQ:SHLS – Get Free Report) is expected to be releasing its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect the company to post earnings of $0.10 per share and revenue of $160.0310 million for the quarter. Individuals can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Tuesday, August 4, 2026 at 8:00 AM ET.
Shoals Technologies Group (NASDAQ:SHLS – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.01. The company had revenue of $140.56 million for the quarter, compared to analyst estimates of $129.16 million. Shoals Technologies Group had a return on equity of 10.03% and a net margin of 6.27%.The firm’s quarterly revenue was up 74.4% compared to the same quarter last year. On average, analysts expect Shoals Technologies Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shoals Technologies Group Price Performance
Shares of SHLS stock opened at $8.59 on Tuesday. The business’s fifty day moving average is $10.37 and its 200 day moving average is $8.86. The company has a quick ratio of 1.07, a current ratio of 1.84 and a debt-to-equity ratio of 0.30. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 43.10, a PEG ratio of 1.14 and a beta of 1.90. Shoals Technologies Group has a twelve month low of $4.43 and a twelve month high of $13.18.
Insider Transactions at Shoals Technologies Group
Institutional Trading of Shoals Technologies Group
Hedge funds have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD lifted its holdings in Shoals Technologies Group by 151.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,753,784 shares of the company’s stock valued at $108,410,000 after acquiring an additional 7,685,515 shares during the period. Peconic Partners LLC boosted its position in Shoals Technologies Group by 79.8% in the second quarter. Peconic Partners LLC now owns 6,975,186 shares of the company’s stock worth $29,645,000 after purchasing an additional 3,095,186 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Shoals Technologies Group by 1,493.0% during the 4th quarter. First Trust Advisors LP now owns 6,331,682 shares of the company’s stock valued at $53,819,000 after purchasing an additional 5,934,223 shares during the period. State Street Corp grew its stake in shares of Shoals Technologies Group by 4.0% during the 4th quarter. State Street Corp now owns 6,019,109 shares of the company’s stock valued at $51,162,000 after purchasing an additional 229,890 shares during the period. Finally, Invesco Ltd. grew its stake in shares of Shoals Technologies Group by 5.8% during the 4th quarter. Invesco Ltd. now owns 5,877,652 shares of the company’s stock valued at $49,960,000 after purchasing an additional 323,831 shares during the period.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on SHLS. Guggenheim restated a “buy” rating on shares of Shoals Technologies Group in a report on Friday, May 22nd. Weiss Ratings upgraded shares of Shoals Technologies Group from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, July 6th. Roth Capital reissued a “buy” rating on shares of Shoals Technologies Group in a research report on Thursday, July 2nd. JPMorgan Chase & Co. boosted their price objective on shares of Shoals Technologies Group from $9.00 to $10.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Shoals Technologies Group in a research note on Wednesday, July 22nd. Ten equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Shoals Technologies Group has a consensus rating of “Moderate Buy” and an average price target of $10.46.
Check Out Our Latest Research Report on Shoals Technologies Group
About Shoals Technologies Group
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.
Featured Stories
- Five stocks we like better than Shoals Technologies Group
- 3 Stocks Standing Out and 2 Losing Momentum as the Tech Rally Cracks
- 5 AI Stocks Are Pulling Back—Which Growth Catalysts Still Look Strongest?
- Middleby Is Betting a Leaner Business Can Unlock More Value
- 3 Value ETFs to Consider as Growth Stocks Lag Behind
Receive News & Ratings for Shoals Technologies Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shoals Technologies Group and related companies with MarketBeat.com's FREE daily email newsletter.
