Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It offers EBOS components, such as cable assemblies, inline fuses, combiners, recombiners, disconnects, wireless monitoring systems, junction boxes, transition enclosures, and splice boxes that carry the electric current produced by solar panels to an inverter and to the power grid. The company sells its products to engineering, procurement, and construction firms that build solar energy projects. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.
IPO Year: 2021
Exchange: NASDAQ
Website: shoals.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/15/2025 | $4.00 | Neutral → Underperform | BNP Paribas Exane |
| 2/18/2025 | Peer Perform | Wolfe Research | |
| 12/17/2024 | $7.00 | Equal-Weight → Overweight | Morgan Stanley |
| 11/25/2024 | $6.00 | Buy | BofA Securities |
| 11/13/2024 | $9.50 → $11.00 | Buy | TD Cowen |
| 10/14/2024 | $46.00 | Equal Weight | Wells Fargo |
| 10/3/2024 | $5.00 → $5.50 | Sell → Neutral | Citigroup |
| 9/4/2024 | $5.00 | Hold | Jefferies |
| 8/7/2024 | $15.00 → $7.00 | Outperform → Neutral | Exane BNP Paribas |
| 7/2/2024 | $15.00 → $5.00 | Buy → Sell | Citigroup |
4 - Shoals Technologies Group, Inc. (0001831651) (Issuer)
4 - Shoals Technologies Group, Inc. (0001831651) (Issuer)
4 - Shoals Technologies Group, Inc. (0001831651) (Issuer)
BNP Paribas Exane downgraded Shoals Technologies from Neutral to Underperform and set a new price target of $4.00
Wolfe Research initiated coverage of Shoals Technologies with a rating of Peer Perform
Morgan Stanley upgraded Shoals Technologies from Equal-Weight to Overweight and set a new price target of $7.00
BofA Securities initiated coverage of Shoals Technologies with a rating of Buy and set a new price target of $6.00
TD Cowen reiterated coverage of Shoals Technologies with a rating of Buy and set a new price target of $11.00 from $9.50 previously
Wells Fargo initiated coverage of Shoals Technologies with a rating of Equal Weight and set a new price target of $46.00
Citigroup upgraded Shoals Technologies from Sell to Neutral and set a new price target of $5.50 from $5.00 previously
Jefferies initiated coverage of Shoals Technologies with a rating of Hold and set a new price target of $5.00
Exane BNP Paribas downgraded Shoals Technologies from Outperform to Neutral and set a new price target of $7.00 from $15.00 previously
Citigroup downgraded Shoals Technologies from Buy to Sell and set a new price target of $5.00 from $15.00 previously