Shareholders Can Be Confident That Shoals Technologies Group's (NASDAQ:SHLS) Earnings Are High Quality
Shoals Technologies Group (NASDAQ:SHLS) recently reported strong earnings, which were positively received by the market. The company's statutory profit was reduced by US$23m due to unusual items in the last twelve months, which are believed to be one-off and are expected to result in higher future profits. This suggests that Shoals Technologies Group's earnings potential is robust, with EPS increasing by 76% over the past year.
Shoals Technologies CFO Dominic Bardos sells $461k in stock By Investing.com
Shoals Technologies Group, Inc.'s CFO, Dominic Bardos, sold 54,449 shares of Class A Common Stock for over $461,000. Despite the sale, which occurred at prices between $8.35 and $8.615, Bardos still directly owns 394,979 shares. The company recently reported strong Q1 2026 earnings, exceeding revenue and EPS expectations, leading Jefferies to raise its price target to $10.00.
Shoals Technologies CFO Dominic Bardos sells $461k in stock By Investing.com
Dominic Bardos, CFO of Shoals Technologies Group, Inc. (NASDAQ: SHLS), sold 54,449 shares of Class A Common Stock for a total of $461,727 on May 8, 2026. Despite the sale, his direct ownership remains at 394,979 shares. The company recently reported strong Q1 2026 earnings, exceeding market expectations, and received a price target increase from Jefferies.
Shoals Technologies CFO Dominic Bardos sells $461k in stock
Shoals Technologies CFO Dominic Bardos sold 54,449 shares of the company's Class A Common Stock for a total of $461,727 on May 8, 2026. This sale follows strong performance for the stock, with an 83.4% return over the past year and the company exceeding Q1 2026 earnings expectations. Analysts at Jefferies have raised their price target for Shoals Technologies to $10.00, maintaining a Buy rating.
[Form 4] Shoals Technologies Group, Inc. Insider Trading Activity
Shoals Technologies Group (SHLS) CFO Dominic Bardos sold 54,449 shares of Class A common stock on May 8, 2026, as reported in a Form 4 filing. The shares were sold in open-market transactions at a weighted average price of $8.48 per share, with individual prices ranging from $8.35 to $8.615. Following the sale, Mr. Bardos directly holds 394,979 shares of the company's common stock.
SHLS (NASDAQ: SHLS) lists Class A sales under LTIP in Form 144
Shoals Technologies Group, Inc. (NASDAQ: SHLS) has filed a Form 144, indicating proposed sales of Class A Common shares related to its long-term incentive plan (LTIP). The filing details various grant dates and share amounts, such as 13,407 shares from July 13, 2023, and 9,520 shares from March 4, 2025. This regulatory document ensures transparency regarding the planned sales, which can influence the stock's price.
Shoals Technologies Group (NasdaqGM:SHLS) Stock Forecast & Analyst Predictions
Shoals Technologies Group (NasdaqGM:SHLS) is forecast to grow earnings by 22.7% and revenue by 8.4% per annum. While recent financial reports show mixed results due to litigation expenses and margin pressures, the company has raised its 2026 earnings guidance, indicating management's confidence in strong demand from utility-scale solar and battery storage. Analyst sentiment is mixed, with some price target cuts reflecting concerns over margins and competition, but long-term opportunities in storage and revenue growth remain a key focus.
Shoals Technologies Group (Nasdaq:SHLS) - Stock Analysis
This Simply Wall St analysis covers Shoals Technologies Group (SHLS), highlighting its current undervaluation against analyst targets despite recent stock volatility. The company is experiencing strong revenue growth in solar and battery storage, while navigating challenges like legal expenses and material cost pressures. Recent updates include increased Q1 2026 revenue, updated earnings guidance, and ongoing discussions among analysts regarding margin and market conditions.
Shoals Technologies Group, Inc. Reports Financial Results for First Quarter 2026
Shoals Technologies Group, Inc. reported strong first-quarter 2026 financial results, with revenue increasing by 74.9% to $140.6 million and Adjusted EBITDA reaching $21.1 million. The company achieved a record backlog and awarded orders of $758.0 million, driven by robust demand in the domestic utility-scale solar market and expansion into new growth sectors. Shoals also raised its full-year 2026 revenue and Adjusted EBITDA guidance, reflecting confidence in its market position and strategic execution.
Shoals Technologies Group, Inc. Reports Financial Results for First Quarter 2026
Shoals Technologies Group, Inc. announced strong financial results for the first quarter of 2026, with revenue increasing by 74.9% to $140.6 million. The company reported a record backlog and awarded orders of $758.0 million and raised its full-year outlook for both revenue and Adjusted EBITDA, indicating robust demand and a strong market position. The growth is attributed to increased product demand, market share capture, and expansion into high-growth markets like battery energy storage.
Shoals Technologies Group, Inc. Reports Financial Results for First Quarter 2026
Shoals Technologies Group, Inc. announced strong financial results for the first quarter of 2026, with revenue increasing by 74.9% to $140.6 million and Adjusted EBITDA reaching $21.1 million. The company reported a record backlog and awarded orders of $758.0 million, reflecting robust demand and expansion into new markets. Shoals also raised its full-year 2026 outlook for both revenue and Adjusted EBITDA, citing continued market strength and an innovative product portfolio.
SHLS SEC Filings - Shoals Technologies Group, Inc. 10-K, 10-Q, 8-K Forms
This page provides access to Shoals Technologies Group (SHLS) SEC filings, including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms. It summarizes recent filings such as a 7.9% stake disclosure by Encompass/Todd Kantor, Wellington Management's beneficial ownership of 10.41% of common stock, a 10-Q quarterly earnings report, and an 8-K regarding second-quarter financial results. The article emphasizes the importance of these documents for investors to understand the company's operations, financial health, and governance.
Shoals Technologies (SHLS) director awarded 22,671 RSUs with deferred delivery
Shoals Technologies Group director Robert K. Julian was awarded 22,671 restricted stock units (RSUs) of Class A Common Stock. These RSUs will vest at the 2027 shareholder meeting and be delivered 12 months after his separation from service, in line with his deferral election. Following this award, Julian now directly holds 104,096 shares.
Shoals (SHLS) director receives 22,671 RSUs vesting at 2027 meeting
Shoals Technologies Group (SHLS) director Toni Volpe was granted 22,671 Restricted Stock Units (RSUs) on April 30, 2026, as equity compensation. These RSUs, valued at $0.00 each, will vest and be delivered on the date of the company's 2027 shareholder meeting. Following this grant, Volpe directly holds 122,452 shares of Class A Common Stock.
Shoals Technologies (SHLS) director receives 22,671 RSUs, total holdings 122,452 shares
Shoals Technologies Group, Inc. Director Lori S. Sundberg was granted 22,671 Class A Common Stock Restricted Stock Units (RSUs) at a price of $0.00 per share. These RSUs will vest on the date of the 2027 shareholder meeting and will be delivered one month after her separation from service, as per her deferral election. Following this transaction, Sundberg's direct holdings in Shoals Technologies Group total 122,452 shares.
Shoals Technologies (SHLS) director receives 22,671-share RSU equity grant
Shoals Technologies Group (SHLS) director Ty P. Daul received an equity grant of 22,671 restricted stock units (RSUs), increasing his direct holdings to 127,952 shares. The RSUs, granted at $0.00 per share, are a form of compensation that will vest on the date of the 2027 shareholder meeting and be delivered on July 1, 2028, according to his deferral election. This transaction is an equity award, not an open-market purchase or sale.
Director at Shoals Technologies (SHLS) receives 22,671-share RSU award
Shoals Technologies Group director Niharika Ramdev was granted 22,671 Restricted Stock Units (RSUs) of Class A Common Stock, bringing her total direct holdings to 96,011 shares. These RSUs are a compensation-related award, not an open-market purchase, and will vest on the date of the 2027 shareholder meeting. Delivery of the vested shares will occur six months after her separation from service, as per her deferral election.
Director at Shoals (SHLS) receives 35,265 RSUs vesting at 2027 meeting
Shoals Technologies Group, Inc. director John Bradford Forth was granted 35,265 Restricted Stock Units (RSUs) of Class A Common Stock, which will vest on the date of the 2027 shareholder meeting. These RSUs were awarded at a price of $0.00 per share, tying his compensation to the company's future performance. Following this grant, Mr. Forth directly holds 599,255 shares of Class A Common Stock.
Shoals (SHLS) director Jeannette Mills receives 22,671-share RSU grant
Shoals Technologies Group director Jeannette M. Mills was granted 22,671 Restricted Stock Units (RSUs) of Class A Common Stock. These RSUs will vest on the date of the 2027 shareholder meeting and will be delivered on June 30, 2031, as per her deferral election. Following this grant, Ms. Mills directly holds 104,096 shares in the company.
Vanguard holds 8.6M Shoals shares (NASDAQ: SHLS) — 5.12% stake
Vanguard Capital Management has reported a beneficial ownership of 8,600,111 shares in Shoals Technologies Group Inc (NASDAQ: SHLS), constituting a 5.12% stake as of March 31, 2026. This disclosure was made via a Schedule 13G filing, indicating Vanguard's sole dispositive power over all 8.6 million shares and sole voting power over 1.2 million shares. The filing, signed on April 30, 2026, highlights Vanguard's significant investment in Shoals Technologies.
Shoals Technologies Group, Inc. Announces Participation in Upcoming Events for the Investor Community
Shoals Technologies Group, Inc. (Nasdaq: SHLS) has announced its participation in multiple investor events scheduled from May to June 2026. These events include virtual fireside chats with JP Morgan and Johnson Rice, as well as in-person investor meetings at conferences hosted by Bank of America, TD Cowen, RBC, Roth, and another JP Morgan conference. Various Shoals executives, including CEO Brandon Moss and CFO Dominic Bardos, will represent the company at these engagements to interact with the investment community.
Analysts Have Conflicting Sentiments on These Technology Companies: Tenable Holdings (TENB) and Shoals Technologies Group (SHLS)
This article discusses conflicting analyst sentiments regarding Tenable Holdings (TENB) and Shoals Technologies Group (SHLS). Barclays maintained a Hold rating for Tenable Holdings with a $20 price target, while another report also reiterated a Hold rating. For Shoals Technologies Group, Barclays maintained a Buy rating with a target of $9, aligning with a Moderate Buy consensus.
Shoals Technologies (NASDAQ: SHLS) COO details equity holdings
Shoals Technologies Group, Inc.'s Chief Operating Officer, Kirsten Moen, has reported her initial ownership of 98,441 shares of Class A Common Stock. This figure includes 76,617 restricted stock units (RSUs) and 1,663 shares held in a personal brokerage account. The RSUs are subject to various vesting schedules between 2026 and 2029, contingent on her continued employment with the company.
Shoals Technologies Group (SHLS) HR chief discloses 108,652-share holding
Shoals Technologies Group's Chief People Officer, James Ryan Hart, has disclosed an initial equity holding of 108,652 shares of Class A Common Stock. This includes 91,475 restricted stock units (RSUs) that will vest in tranches between June 1, 2026, and March 4, 2029, contingent on his continued employment. The Form 3 filing establishes his ownership position and does not indicate any recent purchases or sales.
Did Shoals Technologies Group Inc. Insiders Breach their Fiduciary Duties to Shareholders?
Halper Sadeh LLC, an investor rights law firm, is investigating whether officers and directors of Shoals Technologies Group Inc. (NASDAQ: SHLS) breached their fiduciary duties to shareholders. The firm encourages long-term shareholders of Shoals stock to contact them to discuss potential corporate governance reforms, recovery of funds, or other benefits. Halper Sadeh LLC represents investors globally and works on a contingent fee basis.
Shoals Technologies Group, Inc. Announces First Quarter 2026 Earnings Release Date and Conference Call
Shoals Technologies Group, Inc. (Nasdaq: SHLS) announced it will release its first-quarter 2026 financial results before market open on Tuesday, May 5, 2026, followed by a conference call at 8:00 a.m. (Eastern Time) on the same day. Interested parties can access the live webcast through the Investor Relations section of the Company's website. Shoals Technologies Group is a leading manufacturer of advanced electrical infrastructure solutions for utility-scale solar, battery storage, and data center power systems.
Shoals Technologies Group, Inc. Announces BESS Virtual Webinar with Barclays
Shoals Technologies Group, Inc. (Nasdaq: SHLS) will participate in a BESS virtual webinar hosted by Barclays, featuring analyst Christine Cho. The webinar, scheduled for March 31, 2026, at 10 AM EST, will include Shoals' President Jeff Tolnar and BESS Product Line Manager Kishan Ponnadurai. It aims to inform investors about Shoals’ Battery Energy Storage Systems (BESS) products, market strategies, and competitive advantages, and registration is available on the company's Investor Relations website.
Shoals Looks to Expand Beyond Its Domestic Utility-Scale Solar Market
Shoals Technologies Group Inc. is aiming to expand its market beyond its current focus on domestic utility-scale solar projects. The company holds a leading position in the solar electrical balance of system (EBOS) market, which involves components transferring electrical current from solar modules to inverters. This expansion strategy follows earlier reports discussing Shoals' earnings, which have prioritized growth over immediate margins and indicated continued revenue recovery due to backlog growth.
Vanguard (SHLS) amendment shows 0 shares after Jan 12, 2026 realignment
The Vanguard Group has amended its Schedule 13G filing for Shoals Technologies Group Inc. (SHLS), reporting zero beneficial ownership of common stock. This change, effective January 12, 2026, is due to an internal realignment that resulted in certain subsidiaries or business divisions reporting their beneficial ownership separately on a disaggregated basis, in reliance on SEC Release No. 34-39538. Previously, these subsidiaries were deemed to have beneficial ownership with The Vanguard Group, which now no longer applies.
Shoals Technologies (SHLS) 2026 proxy details governance, pay and 2025 results
Shoals Technologies Group has filed its definitive proxy statement for the 2026 Annual Meeting, detailing governance practices, executive compensation plans, and 2025 financial results. The company reported $475.3 million in revenue for 2025, a 19% increase from 2024, and a record year-end backlog of $747.6 million. Significant changes to executive compensation after a 2025 Say-on-Pay vote decline include eliminating one-time awards and adjusting performance periods, with plans to return to full-year performance cycles when market conditions stabilize.
Shoals Technologies Group, Inc. (NASDAQ:SHLS) Short Interest Up 26.8% in February
Shoals Technologies Group (NASDAQ:SHLS) saw a significant increase in short interest in February, rising by 26.8% to 13,848,021 shares, representing 8.3% of its total shares sold short. This indicates growing bearish sentiment, though major institutions like Vanguard and Price T. Rowe increased their stakes. The company recently reported mixed Q4 earnings, missing EPS estimates but exceeding revenue expectations, with analysts holding a "Moderate Buy" rating.
Shoals (SHLS) president Tolnar has 23,206 shares withheld for RSU taxes
Shoals Technologies Group, Inc. President Jeffery Tolnar had 23,206 shares of Class A common stock withheld by the company on March 4, 2026, to cover income tax obligations from the vesting of restricted stock units. This transaction, reported via Form 4, was not an open-market sale but a tax-related disposition calculated at $6.14 per share. Following this, Tolnar directly holds 282,430 shares of SHLS common stock.
T. Rowe Price holds 11.1% in Shoals Technologies Group (SHLS)
T. Rowe Price Associates, Inc. has reported a beneficial ownership of 11.1% in Shoals Technologies Group (SHLS), amounting to 18,597,129 shares. This information comes from an amended Schedule 13G/A filing signed on March 6, 2026, which details their sole voting power over 18,572,125 shares and sole dispositive power over 18,594,901 shares. The filing, however, includes a boilerplate statement denying this should be construed as an admission of beneficial ownership.
How Is The Market Feeling About Shoals Technologies Group Inc?
Shoals Technologies Group Inc. (NYSE: SHLS) has seen a 14.43% decrease in its short interest since the last report, with 10.92 million shares currently sold short, representing 8.48% of its float. This indicates a potentially more bullish sentiment among investors as it would take traders 2.67 days to cover their short positions. Compared to its peers, Shoals Technologies Group Inc. has lower short interest, suggesting a more favorable market perception relative to similar companies.
Shoals Technologies (SHLS) CEO has 92,738 shares withheld for RSU taxes
Shoals Technologies Group, Inc. CEO Brandon Moss had 92,738 shares of Class A common stock withheld by the company on March 4, 2026. This action was taken to cover his income tax obligations related to the vesting of restricted stock units (RSUs), and it does not represent a sale by Moss. Following this tax-withholding disposition, Moss beneficially owns 1,155,001 shares of Class A common stock directly.
Analysts Offer Insights on Technology Companies: Viavi Solutions (VIAV), Evertec (EVTC) and Shoals Technologies Group (SHLS)
This article summarizes recent analyst ratings for three technology companies: Viavi Solutions (VIAV), Evertec (EVTC), and Shoals Technologies Group (SHLS). Viavi Solutions received a "Buy" rating with a $36.00 price target from Needham, while Evertec maintained a "Hold" rating from Morgan Stanley with a $29.00 price target. Shoals Technologies Group was reiterated with a "Buy" rating and an $11.00 price target by Guggenheim.
Shoals Earnings: Prioritizing Growth Over Margins Forces Reset in Expectations
Shoals Technologies Group reported fourth-quarter revenue of $148 million, meeting guidance, but EBITDA of $30 million fell below expectations. The company's 2026 guidance projects revenue between $560 million and $600 million and adjusted EBITDA of $120 million, which aligns with analyst expectations. This report highlights that Shoals is prioritizing growth, which is impacting its margins and necessitating a reset in expectations.
Analyst Expectations For Shoals Technologies Group's Future
Ten analysts have provided diverse opinions on Shoals Technologies Group (NASDAQ: SHLS) over the last quarter, with an average 12-month price target of $9.75, a 14.85% decrease from the previous average. Several analysts recently lowered their price targets and ratings. Despite a smaller market capitalization compared to peers, Shoals Technologies Group showed strong revenue growth of 32.93% as of September 30, 2025, and maintains impressive net margin, ROE, and ROA, alongside a conservative debt-to-equity ratio.
Analysts Conflicted on These Technology Names: Shoals Technologies Group (SHLS) and Zeta Global Holdings Corp (ZETA)
Analysts are divided on two technology companies: Shoals Technologies Group (SHLS) and Zeta Global Holdings Corp (ZETA). Morgan Stanley maintained a Hold rating on Shoals Technologies Group with a price target of $8.50, while Needham reiterated a Buy rating on Zeta Global Holdings Corp with a target of $25.00. The street consensus suggests a Moderate Buy for Shoals Technologies Group and a Strong Buy for Zeta Global Holdings Corp.
Shoals Technologies Group (SHLS) Earnings Growth And 7.1% Margin Test Bullish Narratives
Shoals Technologies Group (SHLS) reported Q4 2025 revenue of US$148.3 million and a trailing net margin of 7.1%, showcasing a 39.2% rise in earnings over the prior year. Despite this growth, the article notes a significant gap between current profitability and optimistic forecasts, which project margins as high as 17.8%. The company's 34.1x P/E ratio is in line with peers, but analysts point to potential risks such as margin pressure, increased costs, and product mix shifts that could challenge sustained earnings outperformance over revenue growth.
Solar supplier Shoals amasses $748M order book, sets 2026 targets
Shoals Technologies Group reported strong financial results for Q4 2025, with revenue up 39% to $148.3 million and a record backlog and awarded orders of $747.6 million, an 18% increase year-over-year. Despite a significant negative market reaction to the earnings report, the company provided optimistic guidance for Q1 and full-year 2026, targeting revenues of $125M-$135M and $560M-$600M respectively, reflecting continued demand in the solar and BESS markets. The report also highlights challenges such as declining gross margins due to tariffs and material costs, and increased legal and administrative expenses.
CORRECTED PRESS RELEASE: Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2025
Shoals Technologies Group, Inc. issued a corrected press release for its fourth quarter and full year 2025 financial results. The correction clarifies that the company has not experienced material changes in customer order patterns and will continue providing quarterly guidance. The company reported record quarterly revenue of $148.3 million, record backlog and awarded orders of $747.6 million, and provided a positive outlook for full-year 2026 revenue between $560 million and $600 million.
CORRECTED PRESS RELEASE: Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2025
Shoals Technologies Group, Inc. issued a corrected press release for its fourth-quarter and full-year 2025 financial results. The correction clarifies that the company has not experienced material changes in customer order patterns and will continue providing quarterly guidance. Shoals reported record quarterly revenue of $148.3 million and a record backlog and awarded orders of $747.6 million, demonstrating strong growth driven by demand in utility-scale solar and battery energy storage solutions.
CORRECTED PRESS RELEASE: Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2025
Shoals Technologies Group, Inc. issued a corrected press release for its fourth quarter and full year 2025 financial results, clarifying that previous language about changes in customer order patterns and suspension of quarterly guidance was erroneous. The company reported record quarterly revenue of $148.3 million and record backlog and awarded orders of $747.6 million. Shoals also provided first quarter and full year 2026 outlooks, projecting revenue between $560 million and $600 million for the full year.
Shoals Technologies Group, Inc. SEC 10-K Report
Shoals Technologies Group, Inc. (SHLS) has released its 2025 10-K report, showcasing robust financial performance with a 19% revenue increase to $475.3 million and a 39% net income increase to $33.6 million. The company is actively expanding its balance of system solutions for solar and battery energy storage, including new product launches and facility expansions. Despite strong growth, Shoals faces challenges such as market volatility, supply chain risks from trade policies, and operational issues including a wire insulation defect and the integration of a new manufacturing facility.
AI data centers get multi‑gigawatt backup power boost from Shoals, ON.energy
Shoals Technologies Group and ON.energy have partnered to deploy multi-gigawatt critical power systems for the AI data center market. This collaboration integrates ON.energy’s medium-voltage AI UPS platform with Shoals’ DC Recombiner, aiming for faster deployment and resilient backup power solutions. Shoals is also expanding its manufacturing capacity with a new 638,000 square foot campus in Portland, TN, to support this increased demand.
Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2025
Shoals Technologies Group, Inc. reported record quarterly revenue of $148.3 million for the fourth quarter of 2025, a 39% increase year-over-year. The company achieved a record backlog and awarded orders of $747.6 million and provided guidance for both the first quarter and full year 2026. This growth was driven by strong demand for utility-scale solar products and strategic expansion into new market segments, including battery energy storage solutions (BESS).
Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2025
Shoals Technologies Group, Inc. announced strong financial results for the fourth quarter and full year 2025, with record quarterly revenue of $148.3 million and a backlog of $747.6 million. The company's CEO highlighted growth in product portfolio, market share defense, and diversification into new segments, including battery energy storage solutions (BESS). Despite increased material costs and legal expenses, Shoals provided an optimistic outlook for 2026, anticipating continued market demand and strategic positioning for future growth.
Shoals Technologies Group (SHLS) CLO granted 28,038 RSUs vesting through 2029
Shoals Technologies Group's Chief Legal Officer, Bobbie Lee King Jr., was granted 28,038 restricted stock units (RSUs) on February 17, 2026. These RSUs, each representing one share of Class A Common Stock, will vest in three equal installments on March 4, 2027, March 4, 2028, and March 4, 2029. This award increased his direct holdings to 121,672 shares.
Encompass Capital, Todd Kantor disclose 2.88% SHOALS (SHLS) ownership in 13G/A
Encompass Capital Advisors LLC and Todd J. Kantor have filed an amended Schedule 13G/A, disclosing a beneficial ownership of 2.88% in Shoals Technologies Group, Inc. (SHLS), totaling 4,823,369 Class A common shares as of December 31, 2025. They report shared voting and dispositive power over these shares and certify that their holdings are not for the purpose of influencing or changing control of Shoals Technologies Group. This filing indicates their stake is now below the 5% threshold for passive investment disclosure.
