Shoals Technologies Group (SHLS) Set to Post Quarterly Earnings on Wednesday

Shoals Technologies Group (NASDAQ:SHLS) will likely be announcing its Q3 2026 results before the market opens on Wednesday, November 4th. Analysts expect the company to announce earnings of $0.1228 per share and revenue of $161.78 million for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 8:00 AM ET.

Shoals Technologies Group (NASDAQ:SHLS) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.02. The firm had revenue of $163.37 million for the quarter, compared to analysts’ expectations of $160.03 million. The firm’s revenue for the quarter was up 47.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.10 EPS. On average, analysts expect Shoals Technologies Group to post $0.35 EPS for the current fiscal year and $0.47 EPS for the next fiscal year.

Shoals Technologies Group Stock Up 1.8%

Shoals Technologies Group stock opened at $7.47 on Wednesday. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 39.32 and a beta of 1.85. Shoals Technologies Group has a 52 week low of $5.43 and a 52 week high of $13.18. The business’s 50-day moving average price is $7.57 and its 200 day moving average price is $8.50.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Royal Bank Of Canada lifted their price objective on Shoals Technologies Group from $9.00 to $10.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Citigroup reissued a “neutral” rating on shares of Shoals Technologies Group in a report on Wednesday, July 22nd. Mizuho decreased their target price on Shoals Technologies Group from $11.00 to $10.00 and set a “neutral” rating on the stock in a research report on Friday, October 16th. Weiss Ratings upgraded Shoals Technologies Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, October 9th. Finally, Roth Capital reaffirmed a “buy” rating on shares of Shoals Technologies Group in a research note on Thursday, July 2nd. Eleven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.80.

Shoals Technologies Group Company Profile

Shoals Technologies Group, Inc develops electrical balance-of-system (EBOS) solutions for solar energy projects. Its products connect, protect, combine and monitor the direct-current electrical output of solar panels before electricity is converted and delivered to the broader power system.

The company’s product portfolio includes wire harnesses, junction boxes, inline fuses, disconnects, recombiners, communication and monitoring equipment, and other electrical components used in photovoltaic installations.