SHLS

NEUTRAL

$7.16 Live

Shoals Technologies Group, Inc. · NASDAQ

Target $9.45 (+31.9%)

$2.92 52W Range $11.36

SHLS Shoals Technologies Group, Inc. - Fundamental Analysis

NEUTRAL

Console Chart News

SHLS Stock | Fundamental Analysis & Investment Insights

NASDAQ • Technology • Solar

Current Price Live

$7.16

Analyst Target

$9.45

+31.9% Upside

52W High

$11.36

52W Low

$2.92

Overview AI Snowflake Price Valuation Profitability Growth Health Statements Peers Insiders SEC Filings

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 19, 2026

Market cap

$1.2B

P/E

35.8

ROE

5.8%

Profit margin

7.1%

Debt/Equity

0.3

Dividend yield

N/A

AI Analysis

AI-powered fundamental assessment

Confidence

85%

SHLS exhibits a concerning fundamental health profile with a Piotroski F-Score of 3/9, indicating weak financial strength. While the company shows impressive top-line growth (38.6% YoY) and an attractive PEG ratio of 0.70, the current price of $7.16 trades at a premium to both its Graham Number ($4.02) and Intrinsic Value ($5.90). The disconnect between strong growth metrics and a deteriorating health score, coupled with consistent earnings misses in recent quarters, suggests a high-risk growth play rather than a stable value investment.

Key Strengths

Strong revenue growth of 38.6% YoY

Attractive PEG ratio (0.70) suggesting undervaluation relative to growth

Low Debt/Equity ratio (0.30) indicating manageable leverage

Healthy liquidity with a Current Ratio of 2.02

Significant positive analyst sentiment with a target price of $9.45

Key Risks

Weak financial health as evidenced by a Piotroski F-Score of 3/9

Poor earnings track record with only 1 beat in the last 4 quarters

Bearish technical trend (0/100) and significant long-term price decline

Insider selling by the CFO and President

Current price exceeds defensive fair value (Graham Number) and intrinsic value

AI Fair Value Estimate

Based on comprehensive analysis

$6.2

-13.4% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall

Weak

Value

Future

Past

Health

Dividend

AI Verdict

Speculative Growth

Key drivers: High Revenue Growth, Weak Piotroski Score, Earnings Misses, Low Debt

Confidence

90%

Value

45/100

Ref P/E, PEG, Graham Number

Positives

Low PEG ratio
Forward P/E (14.17) is much lower than trailing P/E

Watchpoints

Price is 78% above Graham Number
Price is 21% above Intrinsic Value

Future

75/100

Ref Growth rates

Positives

38.6% YoY Revenue Growth
Positive analyst target price

Watchpoints

Recent Q/Q earnings growth is sluggish (3.9%)

Past

30/100

Ref Historical trends

Positives

1Y price recovery (+111.8%)

Watchpoints

5Y change of -77%
Average earnings surprise of -14.22% over last 4 quarters

Health

33/100

Ref Altman Z-Score, Piotroski F-Score

Positives

Low Debt/Equity
Strong Current Ratio

Watchpoints

Piotroski F-Score of 3/9 (Weak)

Dividend

0/100

Ref Yield, Payout

Positives

No standout positives identified.

Watchpoints

No dividend paid

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price

$7.16

Analyst Target

$9.45

Upside/Downside

+31.9%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for SHLS and closest competitors.

Updated 2026-04-17

Company	5Y	3Y	1Y	6M	1M	1W
SHLS Shoals Technologies Group, Inc. Primary	-77.0%	-69.2%	+111.8%	-28.0%	+20.3%	+2.6%
PGY Pagaya Technologies Ltd. Peer	-87.7%	+33.7%	+58.3%	-46.9%	+33.9%	+23.2%
INOD Innodata Inc. Peer	+412.7%	+348.7%	-3.8%	-57.3%	-20.7%	-7.5%
ATEN A10 Networks, Inc. Peer	+81.3%	+15.7%	-9.5%	-5.8%	-3.4%	+0.4%
RDWR Radware Ltd. Peer	-11.2%	+19.8%	+21.1%	+2.3%	+2.6%	+10.2%

SHL

Shoals Technologies Group, Inc.

Primary

-77.0%

-69.2%

+111.8%

-28.0%

+20.3%

+2.6%

PGY

Pagaya Technologies Ltd.

Peer

-87.7%

+33.7%

+58.3%

-46.9%

+33.9%

+23.2%

INO

Innodata Inc.

Peer

+412.7%

+348.7%

-3.8%

-57.3%

-20.7%

-7.5%

ATE

A10 Networks, Inc.

Peer

+81.3%

+15.7%

-9.5%

-5.8%

-3.4%

+0.4%

RDW

Radware Ltd.

Peer

-11.2%

+19.8%

+21.1%

+2.3%

+2.6%

+10.2%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

35.8

14.17

0.7

2.0

2.53

2.88

15.47

$1.2B

Profitability

Profit margins and return metrics

Profit Margin 7.06%

Operating Margin 16.07%

Gross Margin 35.03%

ROE 5.8%

ROA 5.5%

Growth

Revenue and earnings growth rates

Revenue Growth +38.6%

Earnings Growth +21.0%

Q/Q Revenue Growth +38.64%

Q/Q Earnings Growth +3.9%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity

0.3

Low debt

Current Ratio

2.02

Strong

Quick Ratio

1.24

Good

Cash/Share

$0.04

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue

$0.1B

Gross Margin

31.6%

Op. Margin

11.7%

Net Margin

5.5%

Total Assets

$0.9B

Liabilities

$0.3B

Equity

$0.6B

Debt/Equity

0.51x

Operating CF

$-0.0B

CapEx

$-0.0B

Free Cash Flow

$-0.0B

FCF Yield

275%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-05-05

$N/A

2026-02-24

$0.1

-28.1% surprise

2025-11-04

$0.07

-33.9% surprise

2025-08-05

$0.1

+19.3% surprise

Technology Sector Comparison

Comparing SHLS against 436 companies in the Technology sector (37 bullish, 154 neutral, 245 bearish)

P/E Ratio

35.8

This Stock

89.73

Sector Avg

-60.1% (Discount)

Return on Equity (ROE)

5.8%

This Stock

-34.11%

Sector Avg

-117.0% (Below Avg)

Profit Margin

7.06%

This Stock

-13.06%

Sector Avg

-154.1% (Weaker)

Debt to Equity

0.3

This Stock

0.68

Sector Avg

-56.5% (Less Debt)

Revenue Growth

38.6%

This Stock

5682.49%

Sector Avg

-99.3% (Slower)

Current Ratio

2.02

This Stock

3.94

Sector Avg

-48.7% (Weaker)

Similar Companies

Peer comparison within the same industry

Company	AI Rating	Market Cap	P/E	ROE	Profit Margin	Price
SHLS Shoals Technologies Group, Inc.	NEUTRAL	$1.2B	35.8	5.8%	7.1%	$7.16
PGY Pagaya Technologies Ltd.	NEUTRAL	$1.21B	15.82	13.0%	6.3%	$14.71	Compare
INOD Innodata Inc.	BEARISH	$1.16B	38.67	37.8%	12.8%	$35.58	Compare
ATEN A10 Networks, Inc.	NEUTRAL	$1.25B	25.19	23.9%	17.8%	$17.38	Compare
RDWR Radware Ltd.	NEUTRAL	$1.12B	57.24	5.4%	6.7%	$25.76	Compare

SHLS Shoals...

NEUTRAL

Mkt Cap

$1.2B

P/E

35.8

ROE

5.8%

Price

$7.16

Compare with SHLS

Compare with SHLS

ATEN A10 Networks, Inc.

Compare with SHLS

Compare with SHLS

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

Date	Insider	Position	Transaction	Shares	Value
2026-02-17	VAN BIBBER DAVID SEAN	Officer	Stock Award	10,515	-
2026-02-17	BARDOS DOMINIC	Chief Financial Officer	Stock Award	64,253	-
2026-02-17	TOLNAR JEFFERY	President	Stock Award	56,075	-
2026-02-17	MOSS BRANDON	Chief Executive Officer	Stock Award	205,608	-
2026-02-17	KING BOBBIE LEE JR	Officer	Stock Award	28,038	-
2025-12-05	BARDOS DOMINIC	Chief Financial Officer	Sale	4,170	$32,651
2025-12-05	TOLNAR JEFFERY	President	Sale	2,450	$19,232

VAN BIBBER DAVID SEAN

Officer

Stock Award

2026-02-17

10,515 shares

BARDOS DOMINIC

Chief Financial Officer

Stock Award

2026-02-17

64,253 shares

TOLNAR JEFFERY

President

Stock Award

2026-02-17

56,075 shares

MOSS BRANDON

Chief Executive Officer

Stock Award

2026-02-17

205,608 shares

KING BOBBIE LEE JR

Officer

Stock Award

2026-02-17

28,038 shares

BARDOS DOMINIC

Chief Financial Officer

Sell

2025-12-05

4,170 shares · $32,651

TOLNAR JEFFERY

President

Sell

2025-12-05

2,450 shares · $19,232

Insider transactions can signal confidence or concerns about company prospects

SEC Filings

Recent regulatory filings from the SEC EDGAR database

DEF 14A

DEFINITIVE PROXY STATEMENT

2026-03-20

Shoals Technologies Group, Inc. (SHLS) filed a definitive proxy statement on March 20, 2026, providing shareholders with necessary information to vote on corporate matters at the upcoming annual meeting.

8-K/A

2026-02-24

Shoals Technologies Group filed an amendment to a previously submitted current report on February 24, 2026.

10-K

2026-02-24

Shoals Technologies Group (SHLS) filed its annual 10-K report on February 24, 2026, detailing its business operations and financial condition. The filing includes comprehensive disclosures regarding management's analysis of results and a dedicated section outlining the company's risk factors.

8-K

2026-02-24

Shoals Technologies Group, Inc. (SHLS) filed an 8-K on February 24, 2026, likely to announce its fourth quarter and full year financial results.

8-K

2025-11-06

Shoals Technologies Group, Inc. (SHLS) filed an 8-K, likely to announce its third-quarter financial results.

10-Q

2025-11-04

Shoals Technologies Group (SHLS) filed its 10-Q on November 4, 2025. The filing includes a section on risk factors under Item 1A, although specific financial highlights and risk details were not provided in the available excerpts.

8-K

2025-11-04

Shoals Technologies Group, Inc. likely reported its third-quarter financial results in this 8-K filing.

10-Q

2025-08-05

Shoals Technologies Group (SHLS) filed its quarterly 10-Q report on August 5, 2025. The filing includes a section on risk factors under Item 1A, although specific financial highlights and detailed risk descriptions were not provided in the available excerpt.

8-K

2025-08-05

Shoals Technologies Group, Inc. likely reported its second-quarter financial results.

8-K

2025-05-07

Shoals Technologies Group, Inc. announced its first-quarter financial results.

10-Q

2025-05-06

8-K

2025-05-06

DEF 14A

2025-03-20

8-K

2025-03-12

10-K

2025-02-25

Data sourced from SEC EDGAR. AI summaries generated automatically.

Wall Street Analysts

Professional analyst ratings and price targets

Consensus

BUY

19 analysts

JP Morgan

2026-04-16

Maintains

Overweight Overweight

Jefferies

2026-03-11

Maintains

Buy Buy

Citigroup

2026-02-26

Maintains

Neutral Neutral

UBS

2026-02-25

Maintains

Buy Buy

Barclays

2026-02-25

Maintains

Overweight Overweight

RBC Capital

2026-02-25

Maintains

Outperform Outperform

Morgan Stanley

2026-02-25

Maintains

Equal-Weight Equal-Weight

Roth Capital

2026-02-25

Maintains

Buy Buy

Wells Fargo

2026-02-25

Maintains

Equal-Weight Equal-Weight

Guggenheim

2026-02-25

Maintains

Buy Buy

Past News Coverage

Recent headlines mentioning SHLS from our newsroom.

Newest → oldest

Back to All Stocks

TradingGPT V2 Copilot

Fundamentals • Valuation • Risk

Hi! I'm your fundamentals copilot.

Ask me to:
• Summarize the business quality
• Review valuation and multiples
• Highlight risks and red flags
• Explain growth and margin trends

SHLS

SHLS Shoals Technologies Group, Inc. - Fundamental Analysis

At a glance

AI Analysis

Key Strengths

Key Risks

Performance Snowflake

Stock Price & Analyst Targets

Multi-Horizon Performance vs Peers

Historical Performance Trends

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Valuation Metrics

Profitability

Growth

Financial Health

Financial Statement Flow

Quarterly Earnings History

Technology Sector Comparison

Similar Companies

Recent Insider Trading

SEC Filings

Wall Street Analysts

Past News Coverage

Wait — Don't Miss Out!