Shoals Technologies Group, Inc. (SHLS) fair value analysis
Nasdaq · Updated 2026-10-19
SHLS price how computed
Forward Fair Value verdict
UndervaluedSHLS is trading at more than a 25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $7.17
- Sector
- Technology
- 12-month range
- $5.71–$12.77
- Market cap
- $1.21B
- From 52-week high
- -43.9%
- Shares outstanding
- 168M
- Rank in Technology by discount to fair value
- #172 of 181
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Shoals Technologies Group, Inc. manufactures and sells electrical balance of system components and solutions for solar photovoltaic systems. The company operates primarily in the United States and serves customers in the residential, commercial, and utility-scale solar markets.
SHLS currently ranks #172 of 181 Technology stocks by discount to fair value. It has screened as Undervalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $1.21B
- P/E (trailing)
- 18x
- Revenue (TTM)
- $588M
- Net margin
- 5.4%
- EPS (TTM)
- $0.39
- Gross margin
- 30.3%
- Debt / equity
- 0.38
- Revenue growth (3-yr avg)
- 7.2%
- Shares outstanding
- 168M
Derived indicators how computed
- Quality grade
- F
- Margin trend
- Contracting
- 52-week position
- The bottom quarter of its range
Technicals how computed
- RSI (14-day)
- 39 · neutral
- 50-day average
- $7.70
- 200-day average
- $8.55
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Earnings how computed
- Next earnings report
- 2026-11-03
- Last 8 quarters vs consensus
- 3 beat, 5 missed
- Quarter by quarter
- 2026-06 ▲ beat (+11.1%)
2026-03 ▲ beat (+16.7%)
2025-12 ▼ miss (-26.4%)
2025-09 ▼ miss (-7.7%)
2025-06 ▲ beat (+25.0%)
2025-03 ▼ miss (-25.0%)
2024-12 ▼ miss (-16.8%)
2024-09 ▼ miss (-20.0%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 13 buy · 6 hold · 1 sell (20 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $11.1
- Target vs last price
- +54.8%
What our data shows for SHLS
- Our model validated 16 trailing price-to-earnings windows for SHLS, built from quarterly earnings records.
- Shares are trading in the lower third of their 12-month price range of $5.71–$12.77.
- The 14-day relative strength index sits at a neutral 39.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for SHLS
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent SHLS news
TickrTrends' derived news-sentiment signal for SHLS is currently leaning positive, computed from recent coverage.
- SHLS Maintained by JP Morgan -- Price Target Lowered to $12.00 (gurufocus.com, 2026-10-19)
TickrTrends take: JP Morgan's reduction of its price target for SHLS to $12 occurs within a TickrTrends context that classifies the technology company as undervalued. The analyst's action suggests a reassessment of near-term prospects, which creates a point of observation for investors tracking the gap between the bank's revised target and the current undervalued designation. A reader focused on valuation should monitor whether this target adjustment reflects fundamental changes that might shift the undervalued classification or whether the gap between the current price and the new target presents distinct analytical implications. - SHLS Maintained by Mizuho -- Price Target Lowered to $10.00 (gurufocus.com, 2026-10-16)
TickrTrends take: Mizuho's price target adjustment for SHLS reflects analyst recalibration that warrants attention given TickrTrends' current undervalued assessment of this technology sector company. The maintained rating paired with a lower target suggests analysts may be taking a more cautious stance on near-term catalysts, even as the broader valuation framework indicates the stock trades below intrinsic value levels. Valuation-focused investors should monitor whether this target revision signals shifting fundamentals in the technology sector or represents a tactical recalibration that leaves the undervaluation thesis intact. - SHLS Maintained by Jefferies -- Price Target Lowered to $11.00 (gurufocus.com, 2026-10-14)
TickrTrends take: Jefferies lowered its price target for SHLS to $11, which occurred within a context where TickrTrends currently derives an undervalued verdict for the stock. For valuation-focused readers tracking this technology company, the movement in analyst price targets provides a data point against which to measure the current undervalued assessment, particularly as targets can shift faster than fundamental valuations recalibrate. Monitoring whether additional analyst revisions follow may offer insight into whether the undervalued verdict reflects a genuine disconnect between market price and intrinsic value or signals a convergence period ahead.
More SHLS news
- Shoals: Waiting For An Even Better Entry Point If Worries Keep Pushing Shares Down (SHLS) (seekingalpha.com, 2026-09-25)
- Shoals Technologies Group Inc at Barclays Energy-Power Conference Transcript (gurufocus.com, 2026-09-10)
- Voltage Energy Will Seek New Trial and Review of Verdict in Shoals Patent Dispute (manilatimes.net, 2026-08-26)
What people are saying
Follow the SHLS conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — TickrTrends' derived indicators for SHLS show mixed movements this week. The 50/200-day trend state shifted from mixed to downtrend, while the sector discount rank improved from number 80 to number 61 among Technology sector peers. The stock maintains an undervalued valuation verdict.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-05 — SHLS moved from a downtrend to a mixed trend state in its 50/200-day analysis this week, suggesting a potential stabilization in price momentum after the previous week's downward direction. The stock's sector discount ranking shifted from 67th to 80th position among Technology sector peers, indicating it is now perceived as relatively less undervalued compared to other technology companies. TickrTrends' valuation verdict remains that SHLS is undervalued.
- 2026-09-28 — SHLS has moved to a sector discount rank of #67 this week, down from #52 the previous week, indicating a reduced discount relative to other technology sector stocks. The stock remains classified as undervalued according to TickrTrends' current valuation verdict.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is SHLS stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), SHLS is trading at more than a 25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is SHLS's TickrTrends verdict?
SHLS's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does SHLS compare to other Technology stocks?
SHLS ranks #172 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is SHLS overbought or oversold?
SHLS's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does SHLS report earnings next?
SHLS's next earnings report is scheduled for 2026-11-03, per the published earnings calendar.
Does SHLS usually beat earnings estimates?
Over its last 8 reported quarters SHLS beat the consensus estimate 3 times and missed 5 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about SHLS?
Of 20 analysts covering SHLS, 13 rate it a buy, 6 a hold and 1 a sell - buy-leaning, with a consensus price target of $11.1 (+54.8% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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