SHLS 📈 Shoals Technologies - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US82489W1071

SHLS: Electrical Components, Solar Solutions, EV Charging Systems, Battery Cabinets

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services. It provides EBOS components, including combiners; plug-n-play branch connectors and inline fuses; AC disconnects; recombiners; wireless monitoring; junction boxes; wire management; EV power cabinets; and battery energy storage systems cabinets, as well as cable assemblies, transition enclosures, and splice boxes. In addition, the company offers eMobility solutions, such as a power center, which combines equipment needed to protect the charging equipment and transform voltage levels from the electric utility to those needed on the respective site; quick connect solutions for chargers to connect to the Shoals system; big lead assembly (BLA) technology in the EV space to connect multiple chargers to a single power center; and a raceway system that protects the above ground EV BLAs in walk over and drive over applications. Further, it provides Snapshot IV, a solar operations and maintenance solution that monitors the specific voltage and current of individual solar panels and compares the results against the manufacturer's projected performance. 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. Web URL: https://www.shoals.com

Additional Sources for SHLS Stock

SHLS Stock Overview

Market Cap in USD 695m
Sector Technology
Industry Solar
GiC Sub-Industry Electrical Components & Equipment
IPO / Inception 2021-01-27

SHLS Stock Ratings

Growth 5y -90.3%
Fundamental 39.7%
Dividend -
Rel. Strength Industry -436
Analysts 4.04/5
Fair Price Momentum 3.39 USD
Fair Price DCF 12.89 USD

SHLS Dividends

No Dividends Paid

SHLS Growth Ratios

Growth Correlation 3m -39.6%
Growth Correlation 12m -95.1%
Growth Correlation 5y -81.3%
CAGR 5y -35.78%
CAGR/Mean DD 5y -0.71
Sharpe Ratio 12m -1.24
Alpha -104.96
Beta 1.50
Volatility 86.22%
Current Volume 4686.6k
Average Volume 20d 4511.5k
What is the price of SHLS stocks?
As of December 27, 2024, the stock is trading at USD 5.44 with a total of 4,686,574 shares traded.
Over the past week, the price has changed by +19.82%, over one month by +8.58%, over three months by -4.56% and over the past year by -65.91%.
Is Shoals Technologies a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, Shoals Technologies (NASDAQ:SHLS) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 39.66 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SHLS as of December 2024 is 3.39. This means that SHLS is currently overvalued and has a potential downside of -37.68%.
Is SHLS a buy, sell or hold?
Shoals Technologies has received a consensus analysts rating of 4.04. Therefor, it is recommend to buy SHLS.
  • Strong Buy: 10
  • Buy: 4
  • Hold: 9
  • Sell: 0
  • Strong Sell: 0
What are the forecast for SHLS stock price target?
According to ValueRays Forecast Model, SHLS Shoals Technologies will be worth about 3.8 in December 2025. The stock is currently trading at 5.44. This means that the stock has a potential downside of -30.7%.
Issuer Forecast Upside
Wallstreet Target Price 7.6 39.9%
Analysts Target Price 29.2 436.6%
ValueRay Target Price 3.8 -30.7%