UBS Group Cuts Shoals Technologies Group (NASDAQ:SHLS) Price Target to $11.00

Shoals Technologies Group (NASDAQ:SHLS) had its target price cut by UBS Group from $12.00 to $11.00 in a report issued on Wednesday,Benzinga reports. They currently have a buy rating on the stock.

A number of other research analysts have also commented on SHLS. Guggenheim lowered their price objective 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. TD Cowen reiterated a “buy” rating on shares of Shoals Technologies Group in a report on Tuesday. Zacks Research lowered shares of Shoals Technologies Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 19th. Morgan Stanley cut their price target on Shoals Technologies Group from $9.50 to $8.50 and set an “equal weight” rating for the company in a research note on Wednesday. Finally, Needham & Company LLC reduced their price objective on shares of Shoals Technologies Group from $14.00 to $12.00 and set a “buy” rating for the company in a research note on Wednesday. Ten investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Shoals Technologies Group has a consensus rating of “Moderate Buy” and an average target price of $9.71.

Shoals Technologies Group Trading Down 6.6%

NASDAQ SHLS opened at $5.93 on Wednesday. The company has a market capitalization of $992.61 million, a price-to-earnings ratio of 29.65, a price-to-earnings-growth ratio of 0.53 and a beta of 1.70. The company’s fifty day moving average price is $9.27 and its two-hundred day moving average price is $8.50. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.03 and a quick ratio of 1.53. Shoals Technologies Group has a 12 month low of $2.71 and a 12 month high of $11.36.

Shoals Technologies Group (NASDAQ:SHLS) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). The business had revenue of $148.33 million for the quarter, compared to the consensus estimate of $144.52 million. Shoals Technologies Group had a net margin of 7.06% and a return on equity of 9.10%. Shoals Technologies Group’s quarterly revenue was up 38.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.08 EPS. As a group, research analysts predict that Shoals Technologies Group will post 0.29 earnings per share for the current fiscal year.

Insider Activity

In other Shoals Technologies Group news, CFO Dominic Bardos sold 4,170 shares of Shoals Technologies Group stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $7.83, for a total transaction of $32,651.10. Following the transaction, the chief financial officer directly owned 412,289 shares in the company, valued at approximately $3,228,222.87. The trade was a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.67% of the stock is owned by company insiders.

Hedge Funds Weigh In On Shoals Technologies Group

A number of institutional investors have recently bought and sold shares of SHLS. Universal Beteiligungs und Servicegesellschaft mbH raised its position in shares of Shoals Technologies Group by 3.7% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 32,055 shares of the company’s stock valued at $274,000 after buying an additional 1,147 shares in the last quarter. GAMMA Investing LLC raised its position in Shoals Technologies Group by 57.7% in the fourth quarter. GAMMA Investing LLC now owns 3,756 shares of the company’s stock valued at $32,000 after purchasing an additional 1,375 shares during the last quarter. Bank of Montreal Can raised its stake in shares of Shoals Technologies Group by 5.1% during the fourth quarter. Bank of Montreal Can now owns 33,510 shares of the company’s stock valued at $285,000 after acquiring an additional 1,620 shares during the last quarter. Federated Hermes Inc. lifted its holdings in Shoals Technologies Group by 1.1% during the 4th quarter. Federated Hermes Inc. now owns 165,278 shares of the company’s stock worth $1,405,000 after buying an additional 1,812 shares during the period. Finally, Vanguard Personalized Indexing Management LLC increased its position in Shoals Technologies Group by 14.1% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 16,616 shares of the company’s stock valued at $123,000 after purchasing an additional 2,047 shares during the period.

Shoals Technologies Group News Roundup

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

• Positive Sentiment: Shoals announced a deployment of critical power systems with ON.energy for a leading AI data‑center operator — a diversification into high-margin, non-solar infrastructure demand that supports longer-term revenue visibility. Shoals Technologies Group and ON.energy to deploy critical power systems for leading AI data center operator
• Positive Sentiment: Shoals reported record Q4 revenue of $148M (up ~38.6% YoY) and full‑year revenue growth of ~19%, showing demand for its balance‑of‑systems products remains strong even as margins are pressured. Shoals reports record $148 million Q4 revenue, full-year growth of 19%
• Neutral Sentiment: Analyst coverage shifted toward neutral/hold: BNP Paribas Exane raised Shoals to “Neutral,” and Benzinga summarized broader analyst expectations — the coverage signals caution rather than conviction. Shoals Technologies Group (NASDAQ:SHLS) Raised to “Neutral” at BNP Paribas Exane
• Neutral Sentiment: Morgan Stanley and Barclays issued new price targets ($8.50 and $9.00 respectively), providing upside from the current level but maintaining cautious stances. These anchor expectations but are not outright buys. Shoals Technologies Group (NASDAQ:SHLS) Given New $8.50 Price Target at Morgan Stanley
• Negative Sentiment: Citigroup trimmed its price target from $11.00 to $8.50 and kept a neutral rating — a downgrade in valuation that puts near‑term upside expectations lower and can pressure the stock. Benzinga
• Negative Sentiment: Shoals posted an EPS miss (reported $0.10 vs. $0.14 expected) and shares gapped down after the print; investors are focused on margin pressure and whether profitability will reaccelerate. Shoals Technologies Group (NASDAQ:SHLS) Shares Gap Down Following Weak Earnings
• Negative Sentiment: Broader solar sector headwinds—tariffs, shifting federal energy policy and softer-than-expected demand—are weighing on investor sentiment for suppliers like Shoals. This sector narrative is amplifying the stock’s decline. Solar Stocks Crashed This Week. Why the Problems Could Last.

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.