Shoals Technologies Group (NASDAQ:SHLS) Price Target Cut to $11.00 by Analysts at UBS Group

Shoals Technologies Group (NASDAQ:SHLS) had its target price reduced by UBS Group from $12.00 to $11.00 in a research report report published on Wednesday morning,Benzinga reports. UBS Group currently has a buy rating on the stock.

A number of other equities analysts have also recently issued reports on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a $10.00 price target on shares of Shoals Technologies Group in a research note on Wednesday. The Goldman Sachs Group reiterated a “buy” rating on shares of Shoals Technologies Group in a research note on Monday, February 9th. BNP Paribas Exane upgraded shares of Shoals Technologies Group from an “underperform” rating to a “neutral” rating and set a $9.00 price target on the stock in a report on Wednesday. Roth Mkm decreased their price objective on shares of Shoals Technologies Group from $15.00 to $10.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Morgan Stanley lowered their price objective on Shoals Technologies Group from $9.50 to $8.50 and set an “equal weight” rating on the stock in a research report on Wednesday. Ten investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $9.50.

Shoals Technologies Group Stock Performance

Shoals Technologies Group stock opened at $6.85 on Wednesday. Shoals Technologies Group has a twelve month low of $2.71 and a twelve month high of $11.36. The company has a quick ratio of 1.53, a current ratio of 2.19 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $1.15 billion, a P/E ratio of 34.25, a PEG ratio of 0.58 and a beta of 1.70. The stock’s 50 day moving average is $9.38 and its 200 day moving average is $8.51.

Shoals Technologies Group (NASDAQ:SHLS) last released 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). Shoals Technologies Group had a return on equity of 9.20% and a net margin of 7.06%.The company had revenue of $148.33 million during the quarter, compared to the consensus estimate of $144.52 million. During the same period last year, the firm posted $0.08 earnings per share. The company’s revenue was up 38.6% compared to the same quarter last year. On average, equities research analysts predict that Shoals Technologies Group will post 0.29 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Dominic Bardos sold 4,170 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $7.83, for a total value of $32,651.10. Following the sale, the chief financial officer owned 412,289 shares in the company, valued at approximately $3,228,222.87. This trade represents a 1.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.67% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Shoals Technologies Group

Several hedge funds and other institutional investors have recently modified their holdings of SHLS. Dynamic Technology Lab Private Ltd boosted its position in Shoals Technologies Group by 815.6% in the second quarter. Dynamic Technology Lab Private Ltd now owns 157,946 shares of the company’s stock worth $671,000 after purchasing an additional 140,696 shares during the last quarter. Ruffer LLP bought a new position in shares of Shoals Technologies Group in the 3rd quarter worth approximately $2,735,000. Financial Enhancement Group LLC purchased a new position in shares of Shoals Technologies Group in the third quarter worth approximately $832,000. American Century Companies Inc. grew its position in Shoals Technologies Group by 128.3% during the second quarter. American Century Companies Inc. now owns 2,754,266 shares of the company’s stock valued at $11,706,000 after buying an additional 1,548,094 shares during the period. Finally, Great Lakes Advisors LLC bought a new stake in Shoals Technologies Group during the third quarter valued at approximately $1,546,000.

Shoals Technologies Group News Roundup

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

• Positive Sentiment: Record revenue, large backlog and forward guidance support growth outlook — Shoals reported Q4 revenue of $148.3M (+39% y/y), record backlog & awarded orders of $747.6M, and 2026 revenue guidance of $560M–$600M with adjusted EBITDA $110M–$130M, which underpins upside potential for future quarters. Corrected Press Release
• Positive Sentiment: Company clarified an earlier error and confirmed it will continue providing quarterly guidance — the correction reduces uncertainty after morning press‑release language implied a guidance suspension. Corrected Press Release
• Positive Sentiment: Short interest fell materially in February (down ~14.5% to ~10.92M shares, ~6.6% of float), lowering short‑pressure and days‑to‑cover to ~2.7 — a technical tailwind if selling subsides.
• Neutral Sentiment: Commercial wins and partnerships (e.g., deployment with ON.energy for AI data‑center critical power) demonstrate product diversification beyond utility solar, which supports longer‑term revenue expansion but is a gradual catalyst. ON.energy Deployment
• Negative Sentiment: Earnings per share missed expectations — Q4 adjusted diluted EPS came in at $0.10 vs. consensus ~$0.14; revenue beat but EPS and adjusted EBITDA dynamics disappointed some models, prompting an immediate negative reaction. MSN: Shares Drop After Earnings Miss
• Negative Sentiment: Margin pressure from tariffs, higher material costs and litigation/legal expenses — gross margin fell ~600 bps y/y to 31.6% and G&A rose due to legal/professional costs, which together trimmed profitability and raised near‑term risk to margins. Seeking Alpha: Tariff Impacts Review
• Negative Sentiment: Multiple sell‑side firms trimmed price targets this morning (UBS, Barclays, RBC, Morgan Stanley, Wells Fargo, Guggenheim, etc.), which can pressure sentiment even when ratings remain Buy/Overweight — the revisions lower near‑term analyst anchor points despite many ratings retaining upside. Benzinga: Analyst Moves UBS Article

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.