Guggenheim Lowers Shoals Technologies Group (NASDAQ:SHLS) Price Target to $11.00

Shoals Technologies Group (NASDAQ:SHLS) had its price objective decreased by research analysts at Guggenheim from $12.00 to $11.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Guggenheim’s price objective would suggest a potential upside of 60.82% from the company’s previous close.

SHLS has been the topic of a number of other research reports. Weiss Ratings restated a “hold (c)” rating on shares of Shoals Technologies Group in a research report on Friday, January 9th. Wells Fargo & Company boosted their price objective on shares of Shoals Technologies Group from $6.00 to $10.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 6th. UBS Group lifted their target price on shares of Shoals Technologies Group from $9.00 to $12.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. TD Cowen reiterated a “buy” rating on shares of Shoals Technologies Group in a research note on Tuesday. Finally, Roth Mkm reaffirmed a “buy” rating on shares of Shoals Technologies Group in a report on Tuesday. Eleven research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Shoals Technologies Group has a consensus rating of “Moderate Buy” and an average target price of $9.67.

Shoals Technologies Group Trading Down 30.9%

SHLS stock opened at $6.84 on Wednesday. The company has a market capitalization of $1.14 billion, a PE ratio of 34.20, a price-to-earnings-growth ratio of 0.84 and a beta of 1.70. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.53 and a current ratio of 2.19. Shoals Technologies Group has a one year low of $2.71 and a one year high of $11.36. The company’s 50 day moving average price is $9.41 and its two-hundred day moving average price is $8.52.

Shoals Technologies Group (NASDAQ:SHLS) last issued its earnings results on Tuesday, February 24th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). The business had revenue of $148.33 million during the quarter, compared to analysts’ expectations of $144.52 million. Shoals Technologies Group had a return on equity of 8.50% and a net margin of 7.66%.Shoals Technologies Group’s revenue for the quarter was up 38.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.08 EPS. As a group, analysts predict that Shoals Technologies Group will post 0.29 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Shoals Technologies Group news, CFO Dominic Bardos sold 4,170 shares of the stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $7.83, for a total value of $32,651.10. Following the transaction, the chief financial officer owned 412,289 shares of the company’s stock, valued at approximately $3,228,222.87. This represents a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.52% of the company’s stock.

Institutional Investors Weigh In On Shoals Technologies Group

Several hedge funds and other institutional investors have recently made changes to their positions in SHLS. Vanguard Group Inc. lifted its stake in shares of Shoals Technologies Group by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 13,594,139 shares of the company’s stock worth $115,550,000 after purchasing an additional 404,133 shares during the period. Encompass Capital Advisors LLC purchased a new stake in Shoals Technologies Group during the second quarter valued at approximately $56,120,000. Price T Rowe Associates Inc. MD raised its position 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 worth $108,410,000 after acquiring an additional 7,685,515 shares during the period. Peconic Partners LLC boosted its stake in shares of Shoals Technologies Group by 79.8% during the 2nd quarter. Peconic Partners LLC now owns 6,975,186 shares of the company’s stock worth $29,645,000 after acquiring an additional 3,095,186 shares during the last quarter. Finally, First Trust Advisors LP grew its position 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 acquiring an additional 5,934,223 shares during the period.

Trending Headlines about Shoals Technologies Group

Here are the key news stories impacting Shoals Technologies Group this week:

• Positive Sentiment: Record Q4 revenue, record backlog and firm 2026 guidance — Shoals reported Q4 revenue of $148.3M (+39% y/y), a backlog/awarded orders of $747.6M, and full‑year 2026 revenue guidance of $560–$600M with adjusted EBITDA guidance of $110–$130M, supporting multi‑year growth visibility. CORRECTED PRESS RELEASE: Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2025
• Positive Sentiment: Analyst upgrade — BNP Paribas Exane raised its rating from “underperform” to “neutral” and set a $9 PT, narrowing negative analyst pressure and signaling some confidence in the company’s outlook. (No article link provided.)
• Positive Sentiment: Commercial win / product diversification — Shoals and ON.energy will deploy critical‑power systems for a leading AI data‑center operator, showing traction outside core utility solar (BESS/data center exposure). Shoals Technologies Group and ON.energy to Deploy Critical-Power Systems for Leading AI Data-Center Operator
• Neutral Sentiment: Price target adjustment — Needham lowered its PT from $14 to $12 but kept a “buy” rating; that reduces some upside expectations while still implying substantial appreciation vs. the current price. Benzinga
• Negative Sentiment: EPS miss and market reaction — Shoals reported adjusted diluted EPS of $0.10 vs. consensus ~$0.14; the earnings shortfall has triggered selling pressure despite the revenue beat. Shoals Technologies Group (SHLS) Lags Q4 Earnings Estimates
• Negative Sentiment: Q1/near‑term profitability concerns — Analysts and coverage noted that Q1 adjusted EBITDA guidance and commentary signal a potential near‑term slowdown and margin pressure; that mismatch to expectations drove further downside. Shoals Technologies declines as Q1 outlook signals sharp slowdown
• Negative Sentiment: Margin and cost headwinds — Management flagged a 600 bps decline in gross margin (to ~31.6%) driven by higher material costs, duties/tariffs and elevated legal/professional expenses (litigation related), which could compress near‑term profitability even as top line grows. Shoals Technologies: Tariff Impacts Are Real And May Continue (Earnings Review)

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.