Shoals Technologies (SHLS): T. Rowe Price reports 12.9% ownership stake
T. Rowe Price Associates, Inc. has filed an amended Schedule 13G, disclosing a 12.9% beneficial ownership stake in Shoals Technologies Group-A (SHLS), totaling 21,602,202 shares. The firm reports sole voting power over 21,578,058 shares and sole dispositive power over all 21,602,202 shares. T. Rowe Price explicitly denies beneficial ownership, stating the securities were acquired in the ordinary course of business for investment purposes.
Analysts Offer Insights on Technology Companies: Applied Materials (AMAT), Freshworks (FRSH) and Shoals Technologies Group (SHLS)
Analysts have issued neutral "Hold" ratings for Applied Materials (AMAT), Freshworks (FRSH), and Shoals Technologies Group (SHLS), indicating neither bullish nor bearish sentiment. Morgan Stanley analysts Shane Brett CFA, Elizabeth Porter, and David Arcaro maintained Hold ratings on these respective companies, setting price targets based on their evaluations. Despite the neutral ratings, analyst consensus for Applied Materials and Shoals Technologies Group is a Moderate Buy, while Freshworks holds a Strong Buy consensus, suggesting potential upsides from current levels.
Analysts’ Top Technology Picks: Telesat Corp (TSAT), Shoals Technologies Group (SHLS)
This article highlights bullish analyst sentiments for three technology companies: Telesat Corp (TSAT), Shoals Technologies Group (SHLS), and DigitalOcean Holdings (DOCN). Analysts from Stifel Nicolaus, Goldman Sachs, and J.P. Morgan have reiterated Buy ratings for these companies, projecting significant upside from their current stock prices. The piece details price targets and analyst rankings, indicating strong confidence in the future performance of these tech stocks.
Analysts Offer Insights on Technology Companies: Shoals Technologies Group (SHLS) and DigitalOcean Holdings (DOCN)
This article highlights bullish sentiments from analysts on two technology companies: Shoals Technologies Group (SHLS) and DigitalOcean Holdings (DOCN). Philip Shen from Roth MKM reiterated a Buy rating for Shoals Technologies Group with a $15.00 price target, while William Blair analyst Jason Ader maintained a Buy rating on DigitalOcean Holdings, which has a Strong Buy consensus with a price target of $176.86. Both companies are projected to have significant upside from their current stock levels based on analyst consensus.
Shoals Technologies Group, Inc. Reports Financial Results for Second Quarter 2026
Shoals Technologies Group, Inc. announced its second-quarter 2026 financial results, reporting revenue of $163.4 million, an increase of 47.4% year-over-year. The company achieved an Adjusted EBITDA of $31.6 million and maintained a strong backlog and awarded orders of $801.4 million. Shoals Technologies also provided its third-quarter and reaffirmed its full-year 2026 financial outlook, anticipating continued growth in revenue and Adjusted EBITDA.
Shoals Technologies Group, Inc. Quarterly Earnings Report
Shoals Technologies Group, Inc. (SHLS) released its unaudited quarterly report (Form 10-Q) for the period ended June 30, 2026. The report details a $70.0 million preliminary securities-litigation settlement and a $73.0 million estimated wire-insulation-shrinkback loss, which have significantly impacted its financial position. Despite these liabilities and a $196.8 million draw on its revolving credit facility, the company reported an increase in revenue by 47.4% for the three months ended June 30, 2026, compared to the same period in 2025, reaching $163.4 million.
(SHLS) Shoals Technologies Group, Inc. Expects Q3 Revenue Range $150.0M - $170.0M
Shoals Technologies Group, Inc. (SHLS) anticipates Q3 revenue to be between $150.0M and $170.0M. The company also reaffirmed its full-year 2026 revenue guidance, expecting it to range from $600M to $640M, which aligns with analyst estimates. This news follows their Q2 2026 earnings report, where they posted revenues of $163.4M and an adjusted EPS of $0.12 per share, both exceeding FactSet estimates.
BlackRock (NYSE: BLK) discloses 13.2% ownership in Shoals Technologies (SHLS)
BlackRock, Inc. has disclosed a 13.2% beneficial ownership in Shoals Technologies Group, Inc. Class A stock, according to a recent SCHEDULE 13G/A SEC filing. The investment firm reported holding 22,139,183 shares, with sole voting power over 21,850,061 shares and sole dispositive power over all 22,139,183 shares. No single underlying BlackRock client holds more than 5% of Shoals' outstanding common shares.
Shoals Technologies (SHLS) CEO withholds 9,133 shares for RSU tax obligations
Shoals Technologies Group, Inc. CEO Brandon Moss reported a tax-withholding disposition of 9,133 shares of Class A common stock on July 17, 2026. This transaction was related to the vesting of restricted stock units, where shares were withheld to cover income tax obligations rather than being a sale by Moss. After this withholding, Moss directly holds 1,145,868 shares of Class A common stock, with the withheld shares valued at $10.30 each according to the company's 2021 Long-Term Incentive Plan.
Is Shoals Technologies Group (SHLS) Fully Valued Following The Proposed Chinese Inverter Ban?
Shoals Technologies Group (SHLS) is in focus after reports of a proposed US ban on Chinese-made power inverters. The stock has shown volatility, but positive momentum over 90 days and one year. While one narrative suggests SHLS is slightly undervalued with a fair value of $10.32, another view indicates it is expensive based on its P/E ratio, trading at 50.6x compared to the industry average of 40.6x.
Wall Street Analysts Are Bullish on Top NA Picks
Wall Street analysts are showing bullish sentiments for Fervo Energy Company Class A (FRVO) and X-Energy, Inc. Class A (XE). RBC Capital reiterated a Buy rating for Fervo Energy with a $46.00 price target, while UBS maintained a Buy rating for X-Energy with a $34.00 price target. Both companies are seen as Strong Buys by the broader analyst consensus, with significant upside potential.
How Investors May Respond To Shoals Technologies Group (SHLS) Amid Prospective U.S. Ban On Chinese Inverters
Reports of a potential U.S. ban on Chinese-made power inverters could significantly benefit Shoals Technologies Group (SHLS), a U.S.-based solar equipment provider. This ban may increase domestic demand for Shoals' products, leveraging their new "Mega Facility" in Tennessee, despite ongoing concerns about legal and warranty expenses impacting margins. The company's future performance hinges on its ability to capitalize on this increased demand while managing costs, with analysts having varied forecasts for its revenue and earnings.
Shoals Technologies Group, Inc. Class A Actuals & Estimates (NASDAQ:SHLS)
This article provides a detailed financial overview and analyst estimates for Shoals Technologies Group, Inc. (SHLS). It includes information on the company's current stock price, market capitalization, historical highs and lows, future price forecasts, earnings, revenue, and employee count. The report also addresses frequently asked questions about investing in SHLS stock.
ITC Validates Again Voltage Energy's Right to Supply Trunk Bus Solutions to U.S. Market
The U.S. International Trade Commission (ITC) has confirmed that Voltage Energy's next-generation trunk bus solutions, LYNX PLUS, do not infringe on patents held by Shoals Technologies Group. This ruling will allow Voltage Energy to continue providing its solutions to domestic solar developers and EPCs, promoting competition in the market. The decision follows previous favorable outcomes for Voltage Energy, including the termination of Shoals' first ITC investigation and a district court finding that Shoals violated an agreement related to patent acquisition.
Shoals Technologies Group Wins ITC Patent Infringement Case Against Voltage, LLC
Shoals Technologies Group secured a major victory in its patent infringement lawsuit against Voltage, LLC, with the U.S. International Trade Commission affirming Voltage's violation of U.S. patent laws by importing infringing LYNX trunk bus products. This decision validates Shoals' investment in U.S. innovation and manufacturing, reinforcing the protection of American intellectual property in the energy infrastructure market. The ruling includes a limited exclusion order against Voltage, restricting its ability to import the infringing products into the U.S.
Shoals Stock And 2 Clean Energy Equipment Picks With P E Risk
The article analyzes three clean energy equipment stocks—Shoals Technologies Group (SHLS), Northland Power (NPI), and Invinity Energy Systems (IES)—highlighting their potential alongside the challenges posed by rising input costs and P/E risks. It discusses how each company navigates strong trade flows and increased demand for clean energy, detailing their market positions, operations, and specific financial considerations for investors. The author notes that these companies are a starting point for exploring opportunities in the clean energy equipment sector, especially given the global shift towards renewable energy and grid resilience.
Shoals Technologies CLO sells $104,100 in shares By Investing.com
King Bobbie Lee Jr., Chief Legal Officer at Shoals Technologies Group, Inc. (NASDAQ:SHLS), recently sold 10,000 shares of Class A Common Stock for $104,100. Additionally, Mr. King disposed of 12,754 shares to cover tax obligations and gifted 1,000 shares to charity. Following these transactions, he directly holds 97,918 shares.
Shoals Technologies CLO sells $104,100 in shares By Investing.com
King Bobbie Lee Jr., Chief Legal Officer at Shoals Technologies Group Inc. (NASDAQ:SHLS), recently sold 10,000 shares of Class A Common Stock for $104,100. This transaction was part of several dispositions, including shares withheld for tax obligations and a gift to charity. Despite these sales, the company recently reported strong Q1 2026 financial results and opened a new manufacturing facility, indicating continued growth.
Shoals Technologies CLO sells $104,100 in shares By Investing.com
King Bobbie Lee Jr., Chief Legal Officer at Shoals Technologies Group, Inc. (NASDAQ: SHLS), recently sold 10,000 shares for $104,100. He also disposed of 12,754 shares to cover tax obligations from restricted stock units and gifted 1,000 shares to charity. Despite these transactions, Mr. King still holds 97,918 shares, and the company recently reported strong Q1 2026 financial results, exceeding earnings and revenue expectations, and opened a new manufacturing facility.
Shoals Technologies CLO sells $104,100 in shares By Investing.com
King Bobbie Lee Jr., Chief Legal Officer at Shoals Technologies Group, Inc. (NASDAQ:SHLS), recently sold 10,000 shares for $104,100 and transferred 12,754 shares to cover tax obligations. He also gifted 1,000 shares to charity. The company reported strong Q1 2026 financial results and opened a new manufacturing facility, contributing to an 89% return for SHLS shares over the past year.
Shoals Technologies CLO sells $104,100 in shares
King Bobbie Lee Jr., Chief Legal Officer at Shoals Technologies Group, Inc., sold 10,000 shares of Class A Common Stock for $104,100 and gifted 1,000 shares to charity. Additionally, 12,754 shares were withheld for tax obligations related to restricted stock units. Following these transactions, Mr. King directly holds 97,918 shares.
Shoals Technologies (SHLS) CLO sells shares and donates stock
Shoals Technologies Group's Chief Legal Officer, Bobbie Lee King Jr., recently sold 10,000 shares of Class A common stock for $10.41 per share and gifted 1,000 shares to a charitable organization. Additionally, 12,754 shares were withheld by the company to cover income taxes related to restricted stock unit vesting, which are not considered insider sales. Following these transactions, King Jr. directly holds 97,918 shares.
[144] Shoals Technologies Group, Inc. SEC Filing
This article details a Form 144 SEC filing by Shoals Technologies Group, Inc. (SHLS), indicating a proposed sale of 10,000 shares of Class A Common stock with an aggregate market value of $103,549.40. The securities were acquired on June 15, 2026, as part of a Long Term Incentive plan and are scheduled to be sold on June 16, 2026, via UBS Financial Services Inc. The filing includes information on the issuer, filer, and details of the securities to be sold.
Shoals Technologies Group (NASDAQ: SHLS) adds $50M revolver, resets leverage test
Shoals Technologies Group (NASDAQ: SHLS) has amended its credit agreement, adding a new $50 million incremental revolving loan tranche and adjusting its leverage covenant. The amendment replaces the prior financial covenant with a maximum consolidated total leverage ratio of 4.00:1.00, allowing for temporary increases during material acquisitions. This 8-K/A filing primarily corrects a scrivener's error in the previously filed Amendment No. 7, providing a readable exhibit without material changes to the underlying agreement.
Shoals Technologies (NASDAQ: SHLS) secures $50M incremental revolver
Shoals Technologies Group (NASDAQ: SHLS) has amended its credit agreement to secure a new $50 million tranche of incremental revolving loans, available for 18 months from June 10, 2026. This amendment also updates the financial covenant, replacing the prior first lien secured leverage ratio with a maximum consolidated total leverage ratio of 4.00:1.00, with allowances for temporary increases during material acquisitions. The new loans share substantially the same terms as existing revolving loans and can be prepaid without penalty, enhancing the company's financial flexibility.
Shoals Technologies $70M Securities Class Action Settlement
Shoals Technologies Group Inc. has agreed to a $70 million settlement in a securities class action lawsuit. Investors who purchased Shoals Technologies stock between May 16, 2022, and May 7, 2024, may be eligible to claim a cash payment. The lawsuit alleged that Shoals Technologies made false and misleading statements, which artificially inflated its stock price, and the deadline to file a claim is August 25, 2026.
Analysts’ Top Technology Picks: Shoals Technologies Group (SHLS), Arbe Robotics (ARBE)
The article highlights recent analyst ratings for Shoals Technologies Group (SHLS), Arbe Robotics (ARBE), and Strategy (MSTR), all of which currently hold neutral or "Hold" ratings from specified analysts. Despite these neutral ratings, the consensus across analysts for Shoals Technologies is a "Strong Buy", for Arbe Robotics a "Moderate Buy", and for Strategy a "Strong Buy", with varying price targets and potential upsides or downsides. The report provides details on individual analyst performance and recent price target adjustments for each company.
Shoals Technologies (NASDAQ: SHLS) CFO covers RSU taxes with shares
Shoals Technologies CFO Dominic Bardos had 30,204 shares of Class A common stock withheld to cover income tax obligations related to the vesting of restricted stock units. The company used a price of $12.18 per share for this tax withholding, which is explicitly stated not to be a sale by Bardos. Following this transaction, Bardos directly holds 364,775 shares of Shoals Class A common stock.
Shoals (NASDAQ: SHLS) President has 8,630 RSU shares withheld for tax obligations
Shoals Technologies Group, Inc. President Jeffery Tolnar had 8,630 Class A common stock shares withheld on June 1, 2026, to cover income tax obligations related to the vesting of restricted stock units. This transaction, valued at $12.18 per share, was a tax-withholding disposition under the company's 2021 Long-Term Incentive Plan, not an open-market sale. Following this, Tolnar directly holds 273,800 shares of the company's Class A common stock.
Shoals Technologies (SHLS) CPO has 6,479 shares withheld for RSU taxes
Shoals Technologies Group (SHLS) Chief People Officer James Ryan Hart had 6,479 shares of Class A common stock withheld to cover income tax obligations related to the vesting of restricted stock units (RSUs). This was a routine tax withholding at $12.18 per share and does not represent an open-market sale. Following this transaction, Hart directly holds 102,173 shares of the company's common stock.
Guggenheim Lifts PT on Shoals Technologies Group Inc. (SHLS) Following Q1
Guggenheim raised its price target on Shoals Technologies Group Inc. (SHLS) to $12 from $11, maintaining a Buy rating following the company's fiscal Q1 earnings. Goldman Sachs also lifted its price target to $11 from $10, citing solid Q1 results, resilient utility-scale solar demand, and improved FY26 revenue outlook, despite some concerns about gross margin recovery. Shoals Technologies Group Inc. provides electrical balance of system solutions for solar energy projects.
Shoals Technologies Group, Inc. Opens New Mega Facility in Portland, Tennessee, Reinforcing American Manufacturing and Energy Supply Chain | SHLS Stock News
Shoals Technologies Group, Inc. has opened a new 638,000-square-foot Mega Facility in Portland, Tennessee, backed by a $30 million investment, to strengthen U.S. manufacturing and the domestic supply chain for solar, battery energy storage, and data center infrastructure. This expansion consolidates operations, increases production capacity, and enhances efficiency to meet growing energy sector demands. The opening also marks the company's 30th anniversary and included a $20,000 donation to a local community support organization.
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 (NASDAQ: SHLS) grows revenue but posts Q1 loss
Shoals Technologies Group (NASDAQ: SHLS) reported robust revenue growth in Q1 2026, with sales increasing 74.9% year-over-year to $140.6 million, driven by strong demand and market share gains. However, the company posted a net loss of $0.3 million, similar to the prior year, as higher tariff costs, increased material expenses, and significant litigation settlement costs impacted profitability despite an improvement in Adjusted EBITDA. Shoals continues to grapple with a wire insulation shrinkback issue, maintaining an estimated total loss of $73.0 million, and is actively pursuing recovery through litigation against its supplier.
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 Raises 2026 Outlook After Q1 Growth
Shoals Technologies reported strong Q1 2026 revenue of $140.6 million, a 74.9% increase year-on-year, driven by high demand in utility-scale solar and new battery energy storage systems (BESS) business. Despite temporary margin pressure from tariffs and factory consolidation, the company raised its full-year 2026 revenue and adjusted EBITDA outlook, anticipating continued growth in solar and emerging storage markets, including AI data centers. Shoals' backlog and awarded orders totaled $758 million, signaling robust future demand.
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 (SHLS) Surpasses Q1 Earnings and Revenue Estimates
Shoals Technologies Group (SHLS) reported stronger-than-expected Q1 2026 earnings of $0.07 per share and revenues of $140.56 million, beating Zacks Consensus Estimates. Despite outperforming revenue estimates four times in the last four quarters, the stock has declined 2.7% year-to-date. The company currently holds a Zacks Rank #3 (Hold), indicating it is expected to perform in line with the market.
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.
Shoals Technologies (NASDAQ: SHLS) posts Q1 revenue surge and lifts 2026 outlook
Shoals Technologies Group reported a significant revenue increase of 74.9% to $140.6 million in Q1 2026, leading to a raised full-year 2026 outlook for revenue and Adjusted EBITDA. Despite this growth, gross margins were impacted by higher tariffs and material costs, and the company incurred a $5.3 million litigation settlement expense, resulting in a small net loss. The company's backlog reached a record $758.0 million, reflecting strong demand and market share gains.
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 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.
