Shoals Technologies Group, Inc.

Equities

SHLS

US82489W1071

Electrical Components & Equipment

Market Closed - Nasdaq Other stock markets 16:00:00 2024-05-08 EDT			5-day change	1st Jan Change
7.51 ^USD	-14.66%		-11.65%	-51.67%

05-08	Mizuho Adjusts Shoals Technologies Group's Price Target to $13 From $16, Keeps Buy Rating	MT
05-08	Oppenheimer Cuts Shoals Technologies Group Price Target to $14 From $17, Maintains Outperform Rating	MT

Shoals Technologies Group, Inc. Provides Earnings Guidance for the Quarter Ending March 31, 2024 and Full Year 2024

February 28, 2024 at 04:10 pm

Shoals Technologies Group, Inc. provided earnings guidance for the quarter ending March 31, 2024 and full year 2024. For the quarter, the company expected revenue to be in the range of $90 million to $100 million.

For the year, the company expected Revenue to be in the range of $480 million to $520 million.

Latest news about Shoals Technologies Group, Inc.

Mizuho Adjusts Shoals Technologies Group's Price Target to $13 From $16, Keeps Buy Rating	05-08	MT
Oppenheimer Cuts Shoals Technologies Group Price Target to $14 From $17, Maintains Outperform Rating	05-08	MT
Roth MKM Downgrades Shoals Technologies Group to Neutral From Buy, Cuts Price Target to $8 From $20	05-08	MT
Transcript : Shoals Technologies Group, Inc., Q1 2024 Earnings Call, May 07, 2024	05-07
Shoals Technologies Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-07	CI
Earnings Flash (SHLS) SHOALS TECHNOLOGIES GROUP Posts Q1 Revenue $90.8M, vs. Street Est of $94.3M	05-07	MT
Earnings Flash (SHLS) SHOALS TECHNOLOGIES GROUP Posts Q1 EPS $0.07, vs. Street Est of $0.06	05-07	MT
Shoals Technologies Group, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2024	05-07	CI
Janney Adjusts Price Target on Shoals Technologies to $15 From $20, Maintains Buy Rating	05-07	MT
Piper Sandler Cuts Price Target on Shoals Technologies to $14 From $16, Maintains Overweight Rating	04-11	MT
Sector Update: Tech Stocks Higher Late Afternoon	03-12	MT
Shoals Technologies Continues to Defend Patent Complaint Against Voltage	03-12	MT
Shoals Technologies Continues to Defend Patent Complaint Against Voltage	03-12	MT
Shoals Technologies Group, Inc. Appoints Brandon Moss to the Board	03-07	CI
Barclays Adjusts Price Target on Shoals Technologies to $13 From $15, Maintains Equalweight Rating	03-05	MT
UBS Adjusts Shoals Technologies Group Price Target to $20 From $28, Maintains Buy Rating	03-01	MT
Goldman Sachs Cuts Shoals Technologies Group's Price Target to $23 From $26, Maintains Buy Rating	03-01	MT
Truist Securities Adjusts Price Target on Shoals Technologies Group to $20 From $23, Maintains Buy Rating	02-29	MT
Piper Sandler Cuts Price Target on Shoals Technologies to $16 From $20, Maintains Overweight Rating	02-29	MT
Oppenheimer Adjusts Shoals Technologies Group Price Target to $17 From $42, Maintains Outperform Rating	02-29	MT
RBC Cuts Price Target on Shoals Technologies Group to $17 From $20, Notes Outlook 'Worse Than Feared,' Keeps Outperform Rating	02-29	MT
North American Morning Briefing : Fed's Preferred Inflation Gauge in the Spotlight	02-29	DJ
Shoals Technologies Group's Q4 Adjusted Earnings Decline, Revenue Increases; Issues Q1, 2024 Outlook	02-29	MT
Transcript : Shoals Technologies Group, Inc., Q4 2023 Earnings Call, Feb 28, 2024	02-28
Shoals Technologies Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	02-28	CI

Chart Shoals Technologies Group, Inc.

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Company Profile

Shoals Technologies Group, Inc. is a provider of electrical balance of system (EBOS) solutions for solar, battery storage, and electric vehicle charging infrastructure. EBOS encompasses all of the components that are necessary to carry the electric current produced by solar panels to an inverter and ultimately to the power grid. EBOS components that it produces include cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes and battery energy storage systems (BESS) cabinets. It designs, manufactures, and sells system solutions for the two types of wiring architectures used by the United States solar industry: homerun and combine-as-you-go. Its solar O&M product offering, Snapshot IV, monitors the specific voltage and current of individual solar panels and compares the results against the manufacturerâs claimed/projected performance. It is also engaged in providing e-mobility solutions.

Sector

Electrical Components & Equipment

Calendar

2024-08-05 - Q2 2024 Earnings Release (Projected)

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Russell 2000

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Ratings for Shoals Technologies Group, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

7.51 USD

Average target price

16.24 USD

Spread / Average Target

+116.22%

Consensus

EPS Revisions

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