Shoals Technologies Group, Inc. - Class A Common Stock (SHLS)
4.7200
-0.1400 (-2.88%)
NASDAQ · Last Trade: May 19th, 6:28 PM EDT
Detailed Quote
Previous Close
4.860
Open
4.740
Bid
4.670
Ask
4.980
Day's Range
4.460 - 4.780
52 Week Range
2.710 - 8.520
Volume
7,978,630
Market Cap
-
PE Ratio (TTM)
-
EPS (TTM)
-
Dividend & Yield
N/A (N/A)
1 Month Average Volume
9,157,366
Chart
About Shoals Technologies Group, Inc. - Class A Common Stock (SHLS)
Shoals Technologies Group is a leading provider of electrical balance of system (eBOS) solutions for the solar energy industry. The company specializes in designing and manufacturing innovative products that enhance the performance and efficiency of solar power systems. Their offerings include a range of equipment such as interconnection systems, wiring, and smart modules, which are essential for streamlining the deployment of solar projects. By focusing on quality, reliability, and sustainability, Shoals aims to make solar energy more accessible and effective, contributing to the growth of renewable energy adoption worldwide. Read More
Solar energy systems company Shoals (NASDAQ:SHLS) announced better-than-expected revenue in Q1 CY2025, but sales fell by 11.5% year on year to $80.36 million. Guidance for next quarter’s revenue was better than expected at $105 million at the midpoint, 0.9% above analysts’ estimates. Its non-GAAP profit of $0.03 per share was in line with analysts’ consensus estimates.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
Shares of solar energy systems company Shoals (NASDAQ:SHLS)
jumped 14.9% in the afternoon session after the company reported strong first quarter 2025 results which beat analysts' revenue and EBITDA expectations. In addition, next quarter revenue guidance and full-year EBITDA guidance topped Wall Street's estimates. The size of its future work pipeline, orders in hand, grew 5% to $645 million, most of which is set to turn into sales soon. Revenue did fall from the previous year, mainly due to changes in pricing and the type of products sold, but that shortfall was less important than the outlook. Overall, we think this was a solid quarter with some key areas of upside.
Solar energy systems company Shoals (NASDAQ:SHLS) reported Q1 CY2025 results topping the market’s revenue expectations, but sales fell by 11.2% year on year to $80.63 million. On top of that, next quarter’s revenue guidance ($105 million at the midpoint) was surprisingly good and 10.4% above what analysts were expecting. Its non-GAAP profit of $0.03 per share was in line with analysts’ consensus estimates.
PORTLAND, Tenn., May 05, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announced today the execution of a Memorandum of Understanding (MOU) with UGT Renewables to collaborate on up to 12 gigawatts (GW) of global solar projects currently in UGT Renewables’ development pipeline. This collaboration aims to bring innovative EBOS solutions to emerging markets, accelerating the energy transition and supporting sustainable development.
Shoals has gotten torched over the last six months - since October 2024, its stock price has dropped 30.9% to $3.38 per share. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
PORTLAND, Tenn., April 23, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a global leader in electrical balance of systems (“EBOS”) solutions for the energy transition market, announced today its participation in the following upcoming investor events:
Looking back on renewable energy stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Array (NASDAQ:ARRY) and its peers.
A number of stocks fell in the afternoon session after stocks gave back some of the gains from the previous day as the White House clarified the tariffs on imports from China would add up to 145%, while the baseline 10% tariffs remained in place for all countries. This reminded markets that the global trade environment remained volatile, limiting the potential for sustained gains.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Shoals (NASDAQ:SHLS) and the rest of the renewable energy stocks fared in Q4.
PORTLAND, Tenn., April 07, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its first quarter 2025 results before market open on Tuesday, May 6, 2025, to be followed by a conference call at 8:00 a.m. (Eastern Time) on the same day.
