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

Shoals Technologies Group (NASDAQ:SHLS) had its target price dropped by analysts at UBS Group from $12.00 to $11.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. UBS Group’s price target indicates a potential upside of 73.23% from the company’s previous close.

Several other research firms have also recently weighed in on SHLS. TD Cowen reiterated a “buy” rating on shares of Shoals Technologies Group in a research report on Tuesday. Wells Fargo & Company decreased their price target on shares of Shoals Technologies Group from $10.00 to $9.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Zacks Research lowered shares of Shoals Technologies Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 19th. Royal Bank Of Canada cut their price objective on shares of Shoals Technologies Group from $10.00 to $9.00 and set an “outperform” rating for the company in a report on Wednesday. Finally, BNP Paribas Exane upgraded shares of Shoals Technologies Group from an “underperform” rating to a “neutral” rating and set a $9.00 target price on the stock in a research report on Wednesday. Ten analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $9.71.

Shoals Technologies Group Trading Down 7.3%

Shares of SHLS stock opened at $6.35 on Wednesday. The firm has a 50 day moving average price of $9.33 and a two-hundred day moving average price of $8.49. The company has a quick ratio of 1.53, a current ratio of 2.03 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $1.06 billion, a PE ratio of 31.75, a price-to-earnings-growth ratio of 0.58 and a beta of 1.70. 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 posted its earnings results on Tuesday, February 24th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.04). The firm had revenue of $148.33 million during the quarter, compared to analyst estimates 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 revenue for the quarter was up 38.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.08 EPS. As a group, analysts predict that Shoals Technologies Group will post 0.29 earnings per share for the current year.

Insider Transactions at Shoals Technologies Group

In other Shoals Technologies Group news, CFO Dominic Bardos sold 4,170 shares of the business’s 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 completion of the transaction, the chief financial officer owned 412,289 shares of the company’s stock, valued at approximately $3,228,222.87. The trade was a 1.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.67% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Shoals Technologies Group

A number of hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC increased its holdings 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 period. USA Financial Formulas acquired a new position in Shoals Technologies Group during the 4th quarter worth about $49,000. Nisa Investment Advisors LLC grew its position in shares of Shoals Technologies Group by 449.1% in the 2nd quarter. Nisa Investment Advisors LLC now owns 7,226 shares of the company’s stock valued at $31,000 after buying an additional 5,910 shares during the last quarter. State of Alaska Department of Revenue bought a new stake in shares of Shoals Technologies Group in the 3rd quarter valued at about $54,000. Finally, CIBC Asset Management Inc acquired a new stake in shares of Shoals Technologies Group in the fourth quarter valued at about $85,000.

Key Shoals Technologies Group News

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

• Positive Sentiment: Shoals and ON.energy won a deployment to supply critical power systems to a leading AI data‑center operator — a strategic large‑customer win that highlights demand outside core solar end markets. Shoals Technologies Group and ON.energy to deploy critical power systems for leading AI data center operator
• Positive Sentiment: Shoals is targeting $560M–$600M in 2026 revenue and cites a record backlog plus new product launches — this implies multi‑year growth potential if backlog converts. Shoals targets $560M–$600M 2026 revenue amid record backlog and new product launches
• Positive Sentiment: Q4 revenue was a record ~$148M (FY growth ~19%) — top‑line momentum that supports longer‑term growth assumptions even as near‑term margins/earnings vary. Shoals reports record $148 million Q4 revenue, full-year growth of 19%
• Positive Sentiment: Short interest fell ~14.5% in February to ~10.9M shares (6.6% of float), reducing one potential source of downward pressure and shortening the short‑covering risk window. (no direct article link)
• Neutral Sentiment: Multiple brokerages updated targets/ratings: Citi cut its PT to $8.50 (neutral), Morgan Stanley to $8.50 (equal weight), Barclays to $9.00 (overweight), UBS/Guggenheim/Needham trimmed PTs but largely kept buy/overweight stances — a cluster of mostly downward target adjustments that narrows upside but leaves several mid‑single‑digit to double‑digit upside scenarios. Benzinga coverage of analyst price target moves
• Negative Sentiment: Shoals missed EPS estimates (Q reported EPS below consensus) and issued a Q1 outlook that the market read as a sharp near‑term slowdown, which prompted a gap down in the stock today. That weak short‑term guidance is the main driver of the intra‑day weakness. Shoals Technologies declines as Q1 outlook signals sharp slowdown

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.