Shoals Technologies Group (SHLS) Projected to Post Earnings on Tuesday

Shoals Technologies Group (NASDAQ:SHLS) will likely be announcing its Q1 2026 results before the market opens on Tuesday, May 5th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $128.2790 million for the quarter. Investors may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Tuesday, May 5, 2026 at 8:00 AM ET.

Shoals Technologies Group (NASDAQ:SHLS) last announced its quarterly earnings results on Tuesday, February 24th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.04). Shoals Technologies Group had a return on equity of 9.10% and a net margin of 7.06%.The company had revenue of $148.33 million for the quarter, compared to analyst estimates of $144.52 million. During the same quarter in the prior year, the business earned $0.08 earnings per share. Shoals Technologies Group’s revenue was up 38.6% 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 NASDAQ:SHLS opened at $7.80 on Tuesday. The company’s fifty day moving average price is $6.98 and its 200 day moving average price is $8.41. Shoals Technologies Group has a 12 month low of $3.49 and a 12 month high of $11.36. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.03 and a quick ratio of 1.32. The firm has a market capitalization of $1.31 billion, a P/E ratio of 39.00, a P/E/G ratio of 0.90 and a beta of 1.64.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SHLS. Price T Rowe Associates Inc. MD increased its stake 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 purchasing an additional 7,685,515 shares during the period. First Trust Advisors LP increased its stake in Shoals Technologies Group by 1,493.0% in the fourth 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. Amundi increased its stake in Shoals Technologies Group by 175.2% in the fourth quarter. Amundi now owns 5,776,766 shares of the company’s stock valued at $49,075,000 after purchasing an additional 3,677,713 shares during the period. Peconic Partners LLC increased its stake 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 valued at $29,645,000 after purchasing an additional 3,095,186 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in Shoals Technologies Group by 1,110.0% in the second quarter. Ameriprise Financial Inc. now owns 1,687,082 shares of the company’s stock valued at $7,170,000 after purchasing an additional 1,547,651 shares during the period.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on SHLS shares. Needham & Company LLC cut their price target on shares of Shoals Technologies Group from $14.00 to $12.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. UBS Group cut their price target on shares of Shoals Technologies Group from $12.00 to $11.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Wells Fargo & Company cut their price target on shares of Shoals Technologies Group from $10.00 to $9.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 25th. Wall Street Zen lowered shares of Shoals Technologies Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Guggenheim cut their price target on shares of Shoals Technologies Group from $12.00 to $11.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Ten research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Shoals Technologies Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $9.43.

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.