WallStSmart
SHLS

Shoals Technologies Group Inc

NASDAQ: SHLS · TECHNOLOGY · SOLAR

$9.32
-15.35% today

Updated 2026-06-05

Market cap
$2.09B
P/E ratio
62.25
P/S ratio
3.90x
EPS (TTM)
$0.20
Dividend yield
52W range
$4 – $13
Volume
5.6M

WallStSmart proprietary scores

60
out of 100
Grade: C+
Hold
Investment rating
8.7
Growth
A
7.0
Quality
B+
5.0
Profitability
C+
6.0
Valuation
B
5/9
Piotroski F-Score
Moderate
2.3
Altman Z-Score
Grey zone
Industry rank
View all highly rated stocks (75+) →202 stocks currently score above 75

Price targets

Analyst target
$10.11
+8.48%
12-Month target
$7.26
-22.10%
Intrinsic (DCF)
$19.20
Margin of safety
+49.01%
4 Strong Buy9 Buy6 Hold0 Sell0 Strong Sell

Price chart

Stock snapshot

Strengths
+ Revenue growth 74.90% QoQ
+ 49.01% below intrinsic value
+ Debt/equity 0.36x — low leverage
Risks
- Negative free cash flow $-49.10M
- P/E 62.25x — expensive valuation

Key financials

Revenue Net Income Free Cash Flow
Metric2022202320242025TTM
Revenue$326.94M$488.94M$399.21M$475.33M$535.53M
Net income$127.61M$39.97M$24.13M$33.57M$-297000.00
EPS$0.20
Free cash flow$36.30M$81.38M$72.00M$-15.98M$-49.10M
Profit margin39.03%8.18%6.04%7.06%6.27%

Peer comparison

CompanyMkt CapScoreGrowthProfitValueQualityMoSRating
SHLS$2.09B608.75.06.07.0+49.01%Buy
NVDA$5.40T8010.010.04.78.5-71.92%Exceptional Buy
AAPL$4.63T676.710.04.36.5Strong Buy
MSFT$3.28T728.09.55.77.0Strong Buy
AVGO$2.28T769.39.55.07.0Strong Buy
TSM$2.18T849.310.06.79.0+49.50%Exceptional Buy

Smart narrative

Shoals Technologies Group Inc trades at $9.32. representing a P/E of 62.25x trailing earnings. Our Smart Value Score of 60/100 indicates the stock is good. The company scores 5/9 on the Piotroski F-Score. With an Altman Z-Score of 2.30, it sits in the grey zone. TTM revenue stands at $535.53M. with profit margins at 6.27%. Our DCF model estimates intrinsic value at $19.20.

Frequently asked questions

What is Shoals Technologies Group Inc's stock price?

Shoals Technologies Group Inc (SHLS) trades at $9.32, on a P/E of 62.3x and a P/S of 3.9x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.

Is Shoals Technologies Group Inc overvalued?

Shoals Technologies Group Inc carries a Smart Value Score of 60/100 (Grade C+), which we rate Hold. That score blends growth, quality, and valuation into one read. Our DCF puts intrinsic value at $19.20 versus the $9.32 price, a 49.0% margin of safety on a cash flow basis.

What is the price target of Shoals Technologies Group Inc (SHLS)?

The 12-month analyst consensus target is $10.11, about 8.5% above the current $9.32. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.

What is the intrinsic value of Shoals Technologies Group Inc (SHLS)?

Our DCF model estimates intrinsic value at $19.20, a +49.0% margin of safety versus today's $9.32. Intrinsic value is what the projected cash flows are worth today. A positive reading means the price sits below that estimate, leaving a cushion if growth holds.

What is Shoals Technologies Group Inc's revenue?

Shoals Technologies Group Inc's trailing twelve-month revenue is $535.53M. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.

Altman Z-Score?

Shoals Technologies Group Inc's Altman Z-Score is 2.30, which places it in the grey zone. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.

Company info

SectorTECHNOLOGY
IndustrySOLAR
CountryUSA
ExchangeNASDAQ
CurrencyUSD

Quick metrics

P/S ratio3.90x
ROE5.78%
Beta1.74
50D MA$8.01
200D MA$8.24
Shares out0.17B
Float0.17B
Short ratio
Avg volume5.6M

Performance

1 week
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YTD
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