Equites Radar

SHLS · Shoals Technologies Group, Inc.

SolarUnited StatesAnalyst view: Buy

$9.38

-9.00% last session

End-of-day data · updated 2026-07-29

Mildly bearish1 bullish · 3 bearish technical signals
Consensus: Buy (1.95 from 19 analysts)
To mean target: +17.8%

Market cap

$1B

Enterprise value

$2B

Trailing P/E

42.7

Forward P/E

16.6

Dividend yield

Beta

1.90

Avg volume

6M

Employees

1K

2D change

-9.00%

5D change

-9.05%

10D change

-17.09%

30D change

-8.07%

60D change

-31.41%

MTD change

-15.61%

YTD change

0.47%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)1.95
Covering analysts19
Mean price target$11.05
Low price target$6.50
Upside to mean target+17.8%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)39.7
50-day MA$10.34
200-day MA$8.88
Price vs 50-day MA-17.4%
Price vs 200-day MA-3.8%
MACD histogram-0.15
Volume vs 3-month avg0.9×
52w low $4.4652w high $12.77

Analyst sentiment over time — SHLS

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-07-21

Latest call per bank · past 12 months

Goldman Sachs

Buy

$13.00

+38.6% vs price
▲ raised from $11.00Maintains · 2026-07-21

Jefferies

Buy

$12.00

+27.9% vs price
▲ raised from $10.00Maintains · 2026-07-14

Barclays

Overweight

$10.00

+6.6% vs price
▲ raised from $9.00Maintains · 2026-06-26

Wells Fargo

Equal-Weight

$10.00

+6.6% vs price
▲ raised from $9.00Maintains · 2026-06-11

UBS

Buy

$12.00

+27.9% vs price
▲ raised from $11.00Maintains · 2026-05-07

JP Morgan

Overweight

$10.00

+6.6% vs price
▲ raised from $9.00Maintains · 2026-05-06

Citigroup

Neutral

$9.50

+1.3% vs price
▲ raised from $8.50Maintains · 2026-05-06

RBC Capital

Outperform

$9.00

-4.1% vs price
▼ cut from $10.00Maintains · 2026-02-25

Morgan Stanley

Equal-Weight

$8.50

-9.4% vs price
▼ cut from $9.50Maintains · 2026-02-25

Recent rating actions

DateFirmActionRatingPrice target
2026-07-21Goldman SachsMaintainsBuy$11.00 $13.00
2026-07-14JefferiesMaintainsBuy$10.00 $12.00
2026-06-26BarclaysMaintainsOverweight$9.00 $10.00
2026-06-11Wells FargoMaintainsEqual-Weight$9.00 $10.00
2026-05-07UBSMaintainsBuy$11.00 $12.00
2026-05-06JP MorganMaintainsOverweight$9.00 $10.00
2026-05-06CitigroupMaintainsNeutral$8.50 $9.50
2026-05-06NeedhamReiteratesBuy$12.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-28

  • RSI (14): RSI is 40 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 17.4% below the 50-day MA ($10.34).
  • Price vs 200-day MA: Trading 3.8% below the 200-day MA ($8.88).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is negative (-0.15) — short-term momentum is fading.
  • 52-week range: Price sits between the 52-week low ($4.46) and high ($12.77).

SHLS Price Chart

Loading chart for SHLS

Fundamentals

Revenue (TTM)$1.0B
EBITDA$0M
Free cash flow$0M
Operating cash flow$0M
Book value / share$3.59
Net debt / EBITDA2.3
WACC17.0%
Revenue growth75.00%
Earnings growth

About Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. The company designs, manufactures, and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions; homeruns, interconnection, and extension solutions; combiners and re-combiners; load break disconnects and transition solutions; wireless performance monitoring; and battery energy storage solutions (BESS). It also offers original equipment manufacturer (OEM) components; and technical support services during installation and the transition to operations and maintenance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.