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Upturn AI SWOT - About
SHLS 
Shoals Technologies Group Inc (SHLS)
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Upturn Advisory Summary
09/16/2025: SHLS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
21 Analysts rated it
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $7.39
1 Year Target Price $7.39
| 9 | Strong Buy |
| 4 | Buy |
| 7 | Hold |
| 1 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -63.81% | Avg. Invested days 18 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/16/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.18B USD | Price to earnings Ratio 59 | 1Y Target Price 7.39 |
Price to earnings Ratio 59 | 1Y Target Price 7.39 | ||
Volume (30-day avg) 21 | Beta 1.62 | 52 Weeks Range 2.71 - 7.62 | Updated Date 09/16/2025 |
52 Weeks Range 2.71 - 7.62 | Updated Date 09/16/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.12 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 5.28% | Operating Margin (TTM) 14.43% |
Management Effectiveness
Return on Assets (TTM) 3.84% | Return on Equity (TTM) 3.77% |
Valuation
Trailing PE 59 | Forward PE 12.08 | Enterprise Value 1278519369 | Price to Sales(TTM) 2.96 |
Enterprise Value 1278519369 | Price to Sales(TTM) 2.96 | ||
Enterprise Value to Revenue 3.19 | Enterprise Value to EBITDA 22.08 | Shares Outstanding 167363008 | Shares Floating 153006327 |
Shares Outstanding 167363008 | Shares Floating 153006327 | ||
Percent Insiders 0.92 | Percent Institutions 117.42 |
Upturn AI SWOT
Shoals Technologies Group Inc
Company Overview
History and Background
Shoals Technologies Group Inc. was founded in 1996. It has evolved from an electrical balance of system (EBOS) component provider to a leading solutions provider for solar, storage, and electric vehicle (EV) charging infrastructure.
Core Business Areas
- Solar EBOS Solutions: Provides comprehensive EBOS solutions for solar projects, including combiner boxes, wiring solutions, disconnects, and monitoring systems. Shoals' solutions are engineered to optimize system performance, reduce installation time, and lower lifecycle costs.
- Storage EBOS Solutions: Offers EBOS solutions for energy storage projects, addressing the unique requirements of battery storage systems. These solutions include cabling, disconnects, and monitoring systems specifically designed for storage applications.
- Electric Vehicle (EV) Charging Solutions: Provides EBOS solutions for electric vehicle charging infrastructure, including cabling, connectors, and monitoring systems for EV charging stations.
Leadership and Structure
Brandon Bax is the CEO. The company operates with a functional organizational structure with departments for engineering, sales, operations, and finance.
Top Products and Market Share
Key Offerings
- Big Lead Assembly (BLA): Shoals' flagship wiring solution. It is designed to streamline installation and improve system reliability. Competitors include TE Connectivity, Amphenol, and Burndy. Market share for EBOS solutions is estimated to be around 25%.
- Combiner Boxes: Used to consolidate power from multiple solar panels. Key competitors are Eaton, Siemens, and ABB. Shoals' market share of combiner box market is around 15%
- Wire Harnesses: Pre-assembled wiring solutions tailored for solar, storage, and EV applications. Competitors in this space include BizLink, Leoni, and Prysmian Group. Market share of wire harnesses for Shoals is estimated around 10%
Market Dynamics
Industry Overview
The solar, storage, and EV charging industries are experiencing rapid growth driven by government incentives, declining costs, and increasing demand for clean energy. The EBOS market is critical for optimizing system performance and reducing costs.
Positioning
Shoals is a leading provider of EBOS solutions with a reputation for innovation and reliability. The company has a strong competitive advantage due to its patented technologies and comprehensive product portfolio.
Total Addressable Market (TAM)
The total addressable market for EBOS solutions is projected to reach billions of dollars. Shoals is well-positioned to capture a significant share of this market due to its established market presence and expanding product offerings.
Upturn SWOT Analysis
Strengths
- Strong market position
- Innovative technology
- Comprehensive product portfolio
- Experienced management team
- Patented Technology
Weaknesses
- Reliance on solar industry growth
- Customer concentration
- Limited geographic diversification
- Small cap stock
Opportunities
- Expansion into new markets (e.g., international)
- Development of new products and services
- Acquisition of complementary businesses
- Increase in global adoption of renewable energy
Threats
- Increased competition
- Changes in government regulations
- Economic downturn
- Supply chain disruptions
- Price Volatility of Raw Materials
Competitors and Market Share
Key Competitors
- TSE:5803
- NULINK (No Public US Stock Symbol)
- TE Connectivity (TEL)
Competitive Landscape
Shoals Technologies Group Inc. has a competitive advantage due to its innovative products, strong customer relationships, and comprehensive solutions.
Growth Trajectory and Initiatives
Historical Growth: Shoals Technologies Group Inc. has experienced significant revenue growth in recent years, driven by the increasing demand for solar energy.
Future Projections: Analysts project continued revenue growth for Shoals Technologies Group Inc., driven by the increasing demand for renewable energy and the company's expansion into new markets.
Recent Initiatives: Shoals Technologies Group Inc. has recently launched new products and expanded its geographic presence.
Summary
Shoals Technologies Group is a key player in the EBOS market, benefiting from the growth of the solar industry. While its innovative products and market position are strengths, customer concentration and reliance on the solar market present risks. Expanding into new markets and diversifying its product offerings are crucial for sustained growth. Recent financial performance shows concerning downward trends in profit margin and EPS
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Analyst Reports
- Industry Research Reports
- Shoals Technologies Group Inc. Investor Relations
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. The accuracy of the data cannot be guaranteed.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Shoals Technologies Group Inc
Exchange NASDAQ | Headquaters Portland, TN, United States | ||
IPO Launch date 2021-01-27 | Director & CEO Mr. Brandon Moss | ||
Sector Technology | Industry Solar | Full time employees 1290 | Website https://www.shoals.com |
Full time employees 1290 | Website https://www.shoals.com | ||
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. The company designs, manufactures, and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions, a plug-and-play cable and cabinet solutions; homeruns, interconnection, and extension solutions; combiners and re-combiners; load break disconnects and transition solutions which reduces feeder sizes or disconnect systems for maintenance and shutdowns; wireless performance monitoring, a real-time performance monitoring solutions; and battery energy storage solutions (BESS), an EBOS solutions for solar and storage, and standalone energy storage projects. It also offers original equipment manufacturer (OEM) components; and technical support services during installation and the transition to operations and maintenance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.
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