UBS Group Issues Pessimistic Forecast for Shoals Technologies Group (NASDAQ:SHLS) Stock Price

Shoals Technologies Group (NASDAQ:SHLS) had its price target reduced by investment analysts at UBS Group from $12.00 to $11.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price objective would indicate a potential upside of 60.89% from the stock’s previous close.

SHLS has been the topic of a number of other reports. Guggenheim reduced their target price on shares of Shoals Technologies Group from $12.00 to $11.00 and set a “buy” rating on the stock in a report on Wednesday. Zacks Research lowered shares of Shoals Technologies Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. BNP Paribas Exane upgraded Shoals Technologies Group from an “underperform” rating to a “neutral” rating and set a $9.00 target price for the company in a research note on Wednesday. Needham & Company LLC cut their price objective on shares of Shoals Technologies Group from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, TD Cowen restated a “buy” rating on shares of Shoals Technologies Group in a research note on Tuesday. Eleven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $9.27.

Shoals Technologies Group Price Performance

Shares of SHLS stock traded down $0.00 during mid-day trading on Wednesday, reaching $6.84. The stock had a trading volume of 9,552,265 shares, compared to its average volume of 4,689,854. The company has a market cap of $1.14 billion, a P/E ratio of 34.08, a price-to-earnings-growth ratio of 0.84 and a beta of 1.70. The company has a current ratio of 2.19, a quick ratio of 1.53 and a debt-to-equity ratio of 0.21. Shoals Technologies Group has a 12-month low of $2.71 and a 12-month high of $11.36. The business has a 50-day simple moving average of $9.41 and a 200 day simple moving average of $8.52.

Shoals Technologies Group (NASDAQ:SHLS) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). Shoals Technologies Group had a net margin of 7.66% and a return on equity of 8.50%. The business had revenue of $148.33 million during the quarter, compared to analyst estimates of $144.52 million. During the same period in the previous year, the company posted $0.08 earnings per share. Shoals Technologies Group’s revenue was up 38.6% on a year-over-year basis. On average, sell-side analysts anticipate that Shoals Technologies Group will post 0.29 earnings per share for the current year.

Insider Activity at Shoals Technologies Group

In other news, CFO Dominic Bardos sold 4,170 shares of the stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $7.83, for a total transaction of $32,651.10. Following the sale, the chief financial officer directly owned 412,289 shares in the company, valued at approximately $3,228,222.87. This represents a 1.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.52% of the company’s stock.

Institutional Investors Weigh In On Shoals Technologies Group

A number of hedge funds have recently added to or reduced their stakes in the stock. Invesco Ltd. increased its stake in Shoals Technologies Group by 5.8% in the 4th quarter. Invesco Ltd. now owns 5,877,652 shares of the company’s stock worth $49,960,000 after purchasing an additional 323,831 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Shoals Technologies Group by 20.3% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,670 shares of the company’s stock valued at $116,000 after acquiring an additional 2,304 shares during the period. nVerses Capital LLC purchased a new stake in shares of Shoals Technologies Group in the 4th quarter valued at approximately $127,000. Polymer Capital Management US LLC purchased a new position in Shoals Technologies Group during the 4th quarter worth approximately $201,000. Finally, Interval Partners LP purchased a new stake in shares of Shoals Technologies Group in the fourth quarter valued at $1,357,000.

Shoals Technologies Group News Summary

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

• Positive Sentiment: Record top?line growth and strong backlog — Shoals reported Q4 revenue of $148.3M (+39% y/y) and a record backlog & awarded orders of $747.6M, and provided FY?2026 revenue guidance of $560–$600M and adjusted EBITDA guidance of $110–$130M, which supports medium?term growth expectations. Corrected Press Release
• Positive Sentiment: Company clarification limits uncertainty — Management issued a corrected press release saying earlier language about suspending guidance was an error and that quarterly guidance will continue, removing one source of investor confusion. Corrected Press Release (Clarification)
• Positive Sentiment: Product diversification / new wins — Shoals announced a deployment tie?up (ON.energy) for critical?power systems to an AI data?center operator and highlighted BESS order contribution, indicating product diversification beyond utility solar. Deployment for AI Data?Center Operator
• Neutral Sentiment: Q1 revenue guide above consensus but profitability guide mixed — Shoals gave Q1 revenue guidance ($125–$135M) above consensus, but investors focused on adjusted EBITDA guidance and near?term profitability dynamics; that mixed message left the reaction ambiguous. Q4 Release (Guidance)
• Negative Sentiment: EPS missed expectations — Shoals reported adjusted EPS of $0.10 vs. consensus ~$0.14, which triggered near?term selling pressure despite revenue beat. Zacks: Earnings Miss
• Negative Sentiment: Margins under pressure from tariffs, material costs and litigation — Gross margin fell ~600bps y/y (to 31.6% in Q4) and legal/professional costs rose materially (wire?insulation and IP litigation), weighing on adjusted EBITDA and investor sentiment. Seeking Alpha: Tariff & Margin Review
• Negative Sentiment: Multiple same?day analyst price?target cuts — Several firms trimmed targets (Barclays, RBC, Morgan Stanley, Wells Fargo, Guggenheim, Needham) which increases selling pressure; some kept positive ratings but lowered PTs. TickerReport: Barclays Cut Benzinga: Analyst Notes
• Negative Sentiment: Near?term market reaction — Media and analyst commentary highlighted the EPS miss, margin pressure and EBITDA outlook, and several headlines noted double?digit share declines after the print, explaining the intra?day weakness. MSN: Shares Drop After Earnings

About Shoals Technologies Group

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.