Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. The company designs, manufactures, and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions; homeruns, interconnection, and extension solutions; combiners and re-combiners; load break disconnects and transition solutions; wireless performance monitoring; and battery energy storage solutions (BESS). It also offers original equipment manufacturer (OEM) components; and technical support services during installation and the transition to operations and maintenance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.
Analyst Perspectives | Analyst price targets range from $4 to $10, reflecting varied views on Shoals' ability to navigate margin pressures and capitalize on growth opportunities |
Diversification Strategy | Delve into Shoals' expansion into BESS, C&I, and data centers, potentially opening new revenue streams and expanding its total addressable market |
Financial Momentum | Explore Shoals' robust Q2 performance, with raised 2025 revenue guidance to $461.6M and a substantial $671M order backlog driving future growth |
Solar Market Leade | Shoals Technologies dominates the utility-scale solar sector with premium EBOS solutions, leveraging a US-centric supply chain for competitive advantage |

Metrics to compare | SHLS | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipSHLSPeersSector | |
|---|---|---|---|---|
P/E Ratio | 36.1x | −1.2x | 12.5x | |
PEG Ratio | 0.86 | −0.02 | 0.03 | |
Price / Book | 2.0x | 1.3x | 1.4x | |
Price / LTM Sales | 2.5x | 0.9x | 1.3x | |
Upside (Analyst Target) | 28.9% | 102.9% | 19.8% | |
Fair Value Upside | Unlock | 20.3% | 5.9% | Unlock |