Equities Analysts Issue Forecasts for SHLS Q3 Earnings

Shoals Technologies Group, Inc. (NASDAQ:SHLS) – Analysts at Roth Capital decreased their Q3 2025 earnings per share (EPS) estimates for shares of Shoals Technologies Group in a report issued on Tuesday, May 6th. Roth Capital analyst P. Shen now anticipates that the company will earn $0.09 per share for the quarter, down from their previous estimate of $0.10. The consensus estimate for Shoals Technologies Group’s current full-year earnings is $0.29 per share. Roth Capital also issued estimates for Shoals Technologies Group’s Q4 2025 earnings at $0.13 EPS, Q1 2026 earnings at $0.07 EPS, Q3 2026 earnings at $0.12 EPS and Q4 2026 earnings at $0.13 EPS.

Shoals Technologies Group (NASDAQ:SHLS) last issued its earnings results on Tuesday, May 6th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.02). Shoals Technologies Group had a net margin of 7.78% and a return on equity of 9.83%. The firm had revenue of $80.36 million during the quarter, compared to analyst estimates of $74.66 million. During the same quarter in the previous year, the firm posted $0.07 earnings per share. Shoals Technologies Group’s quarterly revenue was down 11.2% compared to the same quarter last year.

A number of other research analysts have also recently issued reports on SHLS. Citigroup lifted their target price on Shoals Technologies Group from $4.50 to $5.50 and gave the company a “neutral” rating in a research report on Wednesday. Truist Financial decreased their price target on shares of Shoals Technologies Group from $8.00 to $7.00 and set a “buy” rating on the stock in a report on Thursday, January 16th. Jefferies Financial Group dropped their price objective on shares of Shoals Technologies Group from $4.60 to $3.40 and set a “hold” rating for the company in a research note on Wednesday, March 12th. Barclays decreased their target price on shares of Shoals Technologies Group from $5.00 to $4.00 and set an “equal weight” rating on the stock in a research note on Friday, January 17th. Finally, Roth Mkm dropped their price target on Shoals Technologies Group from $5.00 to $4.50 and set a “neutral” rating for the company in a research note on Wednesday, February 26th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, Shoals Technologies Group currently has an average rating of “Moderate Buy” and a consensus price target of $8.77.

Shoals Technologies Group Trading Up 5.2 %

Shares of SHLS stock opened at $5.07 on Friday. Shoals Technologies Group has a fifty-two week low of $2.71 and a fifty-two week high of $8.52. The stock’s fifty day moving average price is $3.45 and its two-hundred day moving average price is $4.37. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.36 and a current ratio of 2.08. The company has a market cap of $846.66 million, a PE ratio of 25.35, a P/E/G ratio of 0.52 and a beta of 1.52.

Insider Transactions at Shoals Technologies Group

In related news, CEO Brandon Moss sold 21,700 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $3.07, for a total transaction of $66,619.00. Following the transaction, the chief executive officer now directly owns 1,051,303 shares of the company’s stock, valued at approximately $3,227,500.21. This represents a 2.02 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 40,575 shares of company stock valued at $123,957 in the last quarter. 1.67% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Shoals Technologies Group

Several hedge funds and other institutional investors have recently modified their holdings of SHLS. Empirical Asset Management LLC bought a new stake in Shoals Technologies Group during the 4th quarter valued at $59,000. Cerity Partners LLC acquired a new stake in shares of Shoals Technologies Group in the 1st quarter worth about $43,000. MQS Management LLC bought a new position in Shoals Technologies Group in the 1st quarter valued at about $43,000. American Trust acquired a new position in Shoals Technologies Group during the 4th quarter valued at about $72,000. Finally, 49 Wealth Management LLC bought a new stake in Shoals Technologies Group during the 4th quarter worth approximately $74,000.

Shoals Technologies Group Company Profile

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.