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SHLS · Shoals Technologies Group, Inc.

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$7.10 -0.28 (-3.80%) At close · Aug 21
Market Cap
$1.19B
Shares
168.30M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$7.10 Open$7.46 Day$7.04–7.46 52W close$5.71–12.77 Avg vol 30d5.7M Short int18.4M · 11.0% float · 3.4d Short vol66% Last earningsAug 4, 2026 DataJan 2021–Aug 2026 Filing10-Q · Aug 4

Up next

Next earnings call
Nov 3, 2026 Est · unconfirmed · in 10 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Aug 4, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Sell
      SellHoldBuy
      Technical Sell Momentum Neutral Sentiment Neutral Fundamentals Strong Quant / Vol Very High
      Market backdrop VIX 15.1 · calm Equity put/call 0.58
      Technical
      price trend
      Sell
      50 / 200-day cross No cross
      Price vs 200-day avg −19%
      below
      Price vs 50-day avg −25%
      below
      RSI (14) 35
      neutral
      MACD trend Negative
      52-week position 20%
      mid-range
      Volume (OBV) Confirms
      volume backs price
      Momentum
      relative strength
      Neutral
      1-month return −24%
      trailing
      6-month return +19%
      trailing
      YTD return −17%
      this year
      Relative strength +7%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $9 › 200d $9 — 50d above 200d
      Institutional flow Accumulating
      +2% holders QoQ · +53 funds added
      Insider flow Distributing
      Net -$104.1K over 90 days · 100% sells
      Short interest Rising
      10.96% of float · ▲ +27.1% MoM · 3.4 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      279 holders — mid 3-yr range
      Squeeze score 58
      elevated · 0–100
      Fundamentals
      Strong
      Revenue growth +19%
      Y/Y
      Gross margin 35%
      contracting
      EPS growth +43%
      Y/Y
      Free cash flow $-16.0M
      Buyback $125.0M
      authorized
      Balance sheet $134.4M
      net debt
      Quant / Vol
      risk profile
      Very High
      Volatility 85%
      annualized · 1-yr
      Max drawdown −47%
      past year
      ATR 9.4%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Beat or met 5 of last 5
      Latest guidance · from the 8-K filed Aug 4, 2026
      quarter ending September 30, 2026
      Adjusted EBITDA Non-GAAP $32M – $37M
      full year 2026
      Cash flow from operations Maintained $65M – $85M
      Jun 30, 2026 $65M – $85M changed to Aug 4, 2026 $65M – $85M
      Adjusted EBITDA Non-GAAP Maintained $118M – $132M
      Jun 30, 2026 $118M – $132M changed to Aug 4, 2026 $118M – $132M
      Capital expenditures Initiated $20M – $30M
      Interest expense Initiated $8M – $12M
      the quarter ending September 30, 2026
      Revenue $150M – $170M
      prior qtr $163.37M midpoint −2.1% QoQ
      Prior guidance period ended · from the 8-K filed May 5, 2026
      Revenue · second quarter 2026 $150M – $170M
      Adjusted EBITDA · second quarter 2026 $28M – $33M
      Guided vs delivered · last 5 settled
      Revenue fourth quarter
      guided $140M – $150M
      $148.33M In line
      Revenue full year 2025
      guided $467M – $477M
      $475.33M In line
      Revenue quarter ending September 30, 2025
      guided $125M – $135M
      $135.8M Beat +4.5%
      Revenue the quarter ending March 31st, 2024
      guided $90M – $100M
      $90.81M In line

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Sell
      3 · 4 · 0
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      −19% Bearish
      Price vs 50-day avg
      −25% Bearish
      RSI (14)
      35 Neutral
      MACD trend
      Negative Bearish
      52-week position
      20% Neutral
      Volume (OBV)
      Confirms Neutral
      Market signals — smart money & positioning
      Bearish · 2 of 6
      Trend (MA cross) No cross
      50d $9 › 200d $9 — 50d above 200d
      Institutional flow Accumulating
      +2% holders QoQ · +53 funds added
      Insider flow Distributing
      Net -$104.1K over 90 days · 100% sells
      Short interest Rising
      10.96% of float · ▲ +27.1% MoM · 3.4 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      279 holders — mid 3-yr range
      Price context
      position in its 52-week range
      Range low $6 Now $7 · 20% Range high $13
      vs 200-day avg -19% vs 50-day avg -25%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      Adjusted gross profit non-GAAP 91.65M Six Months Ended June 30, 2026
      Adjusted gross profit percentage non-GAAP 30.2% Six Months Ended June 30, 2026
      Backlog and Awarded Orders $801.4M Q2 2026

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Solar — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      SHLS
      Shoals Technologies Group, Inc.
      this stock
      $1.19B -16.5% +19.1% 37.3 11.0%
      FSLR
      First Solar, Inc.
      $23.24B -18.0% +24.1% 13.3 9.5%
      NXT
      Nextpower Inc.
      $13.08B -1.1% +20.3% 22.3 5.5%
      ENPH
      Enphase Energy, Inc.
      $5.06B +20.5% +10.7% 38.0 17.5%
      RUN
      Sunrun Inc.
      $2.21B -50.2% +13.0% 6.2 26.9%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      279
      % held
      110.8%
      Net QoQ
      +479.2K sh
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      259
      View
      Short & Settlement
      Short Interest Rising
      Shares short
      18.4M
      Days to cover
      3.4d
      Change
      +3.9M sh
      View
      Short Volume
      Short vol %
      66%
      As of
      Aug 21, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      83.1K
      Value
      $739.7K
      As of
      Jul 31, 2026
      View
      Off-Exchange
      Off-exchange %
      32.8%
      Week of
      Jul 13, 2026
      Off-exch Lit
      View
      Smart Money
      Insider Trades Net selling
      Net (90d)
      -$104.1K
      Buyers / Sellers
      0 / 1
      Buyers Sellers
      View
      Congressional Trades Buy
      Member
      Josh Gottheimer
      Amount
      $1.0K–$15.0K
      Traded
      Jul 19, 2024
      View
      Financials
      Financials
      Revenue (FY)
      $475.3M
      Net income (FY)
      $33.6M
      EPS diluted
      $0.20
      View
      Buybacks
      Authorized
      $125.0M
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Aug 4, 2026
      This year
      11
      View
      Proposed Sales
      Value
      $103.5K
      Shares
      10.0K
      Filed
      Jun 16, 2026
      View
      Exempt Offerings
      Offering
      $6.5M
      Filed
      Sep 10, 2021
      View
      Earnings & Events
      Earnings Calls Upcoming
      Next call
      Sep 9, 2026
      Last call
      Aug 12, 2026
      View
      Investor Relations
      Latest news
      Shoals and ON.energy Advance U.S.…
      Published
      Aug 18, 2026
      Upcoming events
      4
      View

      Performance

      5D 20D 120D MTD YTD
      SHLS -16.0% -24.4% +19.0% -18.8% -16.5%
      SPY -1.4% +3.6% +11.6% +2.5% +12.3%
      vs SPY -14.7% -28.1% +7.5% -21.3% -28.8%

      Capital returns

      Buyback program · as of Sep 30, 2025
      Authorized
      $125.00M
      Spent (derived)
      Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1831651 CUSIP 82489W107 13F (30d) 264 filings 256 filers Visit website Investor relations