SHOALS TECHNOLOGIES GROUP INC CLAS (SHLS)
Industrials · Electrical infrastructure and balance-of-systems for renewable energy and data centers · NASDAQ
Shoals designs and manufactures advanced electrical infrastructure solutions for utility-scale solar, battery storage, and data center power systems, helping customers accelerate deployment and improve reliability.
What SHOALS TECHNOLOGIES GROUP INC CLAS does
Shoals Technologies Group is a design-engineering company and manufacturer of electrical balance of systems (EBOS) solutions for solar photovoltaic (PV), battery energy storage systems (BESS), and data center power systems. The company offers integrated system solutions that combine proprietary components, engineering design, and innovative installation methods—such as its flagship Big Lead Assembly (BLA) trunk bus—to streamline project deployment and improve system reliability. Shoals serves utility-scale, commercial, and industrial solar customers, as well as OEM manufacturers and hyperscalers building data center power infrastructure. Founded in 1996, the company operates manufacturing facilities in Tennessee and has established itself as a mission-critical electrical infrastructure provider across clean energy and data center markets.
Themes: solar energy / utility-scale PV, battery energy storage systems (BESS), data center electrical infrastructure, electrical interconnection and power distribution, installation efficiency and labor optimization, renewable energy grid integration, mission-critical power systems, AI infrastructure and hyperscale data center power
Fundamentals
- Price$7.10 as of 2026-08-21 close
- Market cap$1.4B as of 2026-08-24
- 1-year return+23.2% 2025-08-21 close $5.76 → 2026-08-21 close $7.10
- P/E43.02 as of 2026-08-24
- Net margin+5.4% as of 2026-08-24
- Gross margin+31.9% as of 2026-08-24
- ROE+5.3% as of 2026-08-24
- Debt / equity0.32 as of 2026-08-24
- Revenue growth (YoY)+46.9% as of 2026-08-24
- Revenue CAGR (3y)+13.3% SEC XBRL
- Beta1.91 as of 2026-08-24
- Last reported earnings2026-08-04 SEC EDGAR Form 8-K (Item 2.02)
How SHLS compares in its sector
- price-to-earnings ratiomiddle range 357 covered Industrials peers, as of 2026-08-24
- net profit marginmiddle range 457 covered Industrials peers, as of 2026-08-24
- operating marginmiddle range 457 covered Industrials peers, as of 2026-08-24
- gross marginmiddle range 455 covered Industrials peers, as of 2026-08-24
- return on equitymiddle range 460 covered Industrials peers, as of 2026-08-24
- 3-year revenue CAGRtop 25% 426 covered Industrials peers
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 414 covered Industrials peers, as of FY2025
Position among covered Industrials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How SHOALS TECHNOLOGIES GROUP INC CLAS looks technically
SHOALS TECHNOLOGIES GROUP INC CLAS (SHLS) is trading 19.0% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed above its 200-day average about 53 trading days ago — a "golden cross", a bullish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 22 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 35, neither overbought (above 70) nor oversold (below 30). It just made a new 20-day low, its first since 2026-04-21, breaking below its recent trading range. It is 46.2% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 19.0% below its 200-day average, the long-term trend line — a long-term downtrend | -19.0% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $9.43 | $9.43 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $8.76 | $8.76 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing high 17 calendar days ago — the swings before that are what the structure reading is measured on | 17 sessions |
| Wave structure | its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five; the labelling fails if price closes above 9.64. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a three-part correction in leg C. | possible downward five-wave sequence, in wave 3 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 53 trading days ago — a "golden cross", a bullish long-term signal | 53 sessions |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 22 (a reading of 25+ marks a strong trend) | 22.3 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 35, neither overbought (above 70) nor oversold (below 30) | 34.9 |
|---|---|---|
| Position in its 14-day range | it is trading right at the bottom of its 14-day range ($7.04 to $9.64) — its "stochastic" reading is 2 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 2.1 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 22 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $13.18 | $13.18 |
|---|---|---|
| From the 52-week high | it is 46.2% below its 52-week high (its highest price of the past year) | -46.2% |
| Above the 52-week low | it is 59.4% above its 52-week low (its lowest price of the past year) | +59.4% |
| Below the 52-week high | it is 46.2% below its highest point of the past year | 46.2% |
| Since a 20-day breakout | it just made a new 20-day low, its first since 2026-04-21, breaking below its recent trading range | 1 session |
| Since a 55-day breakout | it just made a new 55-day low, its first since 2026-04-21, breaking below its recent trading range | 1 session |
| All-time high | its highest closing price on record is $44.04 (set on 2021-02-22) | $44.04 |
| Given back of the 52-week move | over the past year its closes ranged ($4.59 to $12.46), and it has given back well over two thirds of its rise from last year’s low — 68% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $7.34 to $7.60. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 68.2% |
| From the all-time high | it is 83.9% below its all-time high | -83.9% |
| Nearest price level | it is trading 1.3% below a resistance level at $7.19 — a price it turned at twice since 2025-11-21, most recently on 2026-03-25. Since 2024-08-21 it has 8 such levels below the current price and 5 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +1.3% |
| All-time low | its lowest closing price on record is $2.71 (set on 2025-03-11) | $2.71 |
| Above the all-time low | it is 161.8% above its all-time low | +161.8% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 44th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.665 between its high and its low — about 9.4% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.665 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $7.24 and $9.65 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $7.24 – $8.44 – $9.65 |
| Typical daily range (% of price) | its price moves about 9.4% in a typical session — among the most volatile in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 9.4% |
| Stretch from the 200-day average | it is trading 2.5 daily ranges below its 200-day average price (19.0% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 2.5 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.34× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 0.9% since the prior reading | -0.9% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a bearish engulfing | 7 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 7 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-21 1.2% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +1.1% |
|---|---|---|
| Open gap | it gapped 2.7% below the previous close 26 sessions ago and has not traded back through the level it left behind at 11.5 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -2.7% |
| Gap filled | a 2.6% gap up opened on 2026-08-12 has been "filled" 7 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 7 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -10.75% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 34.0 percentage points (the stock lost 31.6% while the market gained 2.3%) | -34.0% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 28.8 percentage points (the stock lost 25.7% while the market gained 3.1%) | -28.8% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 44.2 percentage points (the stock lost 33.1% while the market gained 11.1%) | -44.2% |
| vs market, 12 months | over the past 12 months this stock beat the market by 2.7 percentage points (the stock gained 23.2% while the market gained 20.5%) | +2.7% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bearish state: trading below its 200-day average, a fresh 20-day low, MACD momentum is negative, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 30% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 5.3% of the share price. | -30.3% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 19% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $8.74 — a volume-weighted average of daily closes over 155 sessions, not a true tick-by-tick VWAP. | -18.8% |
|---|---|---|
| Vs the average paid since it last reported | the price is 15% below the average price paid since it last reported on 2026-08-04 (its 10-Q), so the typical buyer over that stretch is under water. That average is $8.34 — a volume-weighted average of daily closes over 14 sessions, not a true tick-by-tick VWAP. | -14.9% |
Price levels it has turned at before
SHLS last closed at $7.09 on 2026-08-21. Since 2024-08-21 it has turned at 8 prices below its last close and 5 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $7.19 | Resistance | 1.3% above the last close | turned there twice · 2025-11-21 to 2026-03-25 |
| $7.00 | Support | 1.3% below the last close | turned there twice · 2024-09-03 to 2025-09-25 |
| $6.70 | Support | 5.6% below the last close | turned there twice · 2024-09-17 to 2026-03-11 |
| $6.42 | Support | 9.4% below the last close | turned there four times · 2025-01-07 to 2025-09-12 |
| $7.85 | Resistance | 10.7% above the last close | turned there twice · 2025-12-16 to 2026-07-29 |
| $8.46 | Resistance | 19.2% above the last close | turned there three times · 2025-12-31 to 2026-01-20 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five.
This labelling fails — stops being a possible reading at all — if it closes above $9.64.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $3.41 and $5.79 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a three-part correction in leg C, which fails on a close above $9.64.
This labelling was already in place when we began recording count changes on 2026-08-12, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · Broke down to a new 20-day low · lagging the market · Most volatile (6%+ typical daily range) · At the bottom of its 14-day range (stochastic below 20) | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$11.32 range $6.50 – $15.00; median $12.00
Analyst estimates, as of 2026-08-24. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for SHLS
- Consensus EPS estimate$0.1251 next reporting period, as of 2026-08-24
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Demand risk: If demand for solar energy projects or BESS installations diminishes, revenue growth and profitability could be materially adversely impacted.","Wire insulation shrinkback liability: Failure to accurately estimate losses or recover costs from suppliers related to the wire insulation shrinkback matter could materially impact profit margins and financial results.","Supply chain and tariff exposure: Interruption of raw material flow from international vendors and changes to import tariffs, anti-dumping duties, and trade restrictions could adversely affect revenue timing and operating costs."]
What changed in the latest 10-Q
AI-assisted comparison of SHLS's 10-Q filed 2026-05-05 against the prior one filed 2025-11-04.
Management's Discussion & Analysis (MD&A)
- Added:
- Reference to '2025 Form 10-K' for the year ended December 31, 2025 (newer filing, filed 2026-05-05)
- Description of company as 'design-engineering company and manufacturer' in addition to provider (newer filing, filed 2026-05-05)
- Reference to 'mission‑critical applications across solar photovoltaic (PV), battery energy storage solutions (BESS), and data center power systems' (newer filing, filed 2026-05-05)
- Clarification that EBOS solutions 'carry the electric current produced by solar panels or stored by a BESS solution' (newer filing, filed 2026-05-05)
- Reference to 'three months ended March 31, 2026' (newer filing, filed 2026-05-05)
- Specific backlog figures: $758.0 million total, $390.3 million backlog, $367.7 million awarded orders as of March 31, 2026 (newer filing, filed 2026-05-05)
- Delivery timeline data: '$375.5 million of backlog and $252.1 million of awarded orders have delivery dates in the next twelve months' (newer filing, filed 2026-05-05)
- International project percentage: '13.1% of March 31, 2026 backlog and awarded orders' (newer filing, filed 2026-05-05)
- Backlog and awarded orders growth metrics: '17.5% relative to same date last year and 1.4% relative to December 31, 2025' (newer filing, filed 2026-05-05)
- Description of tariff policy as 'fluid, with frequent adjustments to tariff percentages and product coverage' (newer filing, filed 2026-05-05)
- Removed:
- Reference to '2024 Form 10-K' for the year ended December 31, 2024 (older filing, filed 2025-11-04)
- Description of company as 'leading provider' instead of 'leading design-engineering company and manufacturer' (older filing, filed 2025-11-04)
- Expanded definition referencing 'carry the electric current produced by solar panels to an inverter' without mention of BESS or data center systems (older filing, filed 2025-11-04)
- Detailed language about mission-critical consequences: 'including lost revenue, equipment damage, fire damage, and even serious injury or death' (older filing, filed 2025-11-04)
- Statement about custom nature and lead time: '12 months or more of lead time' and 'do not stock large amounts of finished goods' (older filing, filed 2025-11-04)
- Reference to 'three and nine months ended September 30, 2025' (older filing, filed 2025-11-04)
- Reference to 'utility-scale solar' with MW definition (older filing, filed 2025-11-04)
- Statement: 'we have worked with 14 of the top 15 U.S. solar EPCs, per Wood Mackenzie data from 2022-2024' (older filing, filed 2025-11-04)
- Reference to Q3 2024 strategic expansion announcement and focus on 'international, BESS, data centers, and Commercial, Community, and Industrial (CC&I) markets' (older filing, filed 2025-11-04)
- Revenue percentage: '77.1% from system solutions for nine months ended September 30, 2025' (older filing, filed 2025-11-04)
- Specific backlog figures for September 30, 2025: '$720.9 million total, $297.8 million backlog, $423.1 million awarded orders' (older filing, filed 2025-11-04)
- Delivery timeline: '$297.8 million backlog and $277.1 million awarded orders have delivery dates in next twelve months' (older filing, filed 2025-11-04)
- International project percentage: '11.5% of September 30, 2025 backlog and awarded orders' (older filing, filed 2025-11-04)
- Backlog and awarded orders growth metrics: '21.0% relative to same date last year and 7.4% relative to June 30, 2025' (older filing, filed 2025-11-04)
- Language describing tariff measures with specific percentages: '10% tariff on most imports and various reciprocal tariffs' (older filing, filed 2025-11-04)
- Reworded:
- Period comparison changed from 'nine months ended September 30, 2025' to 'three months ended March 31, 2026' (newer filing, filed 2026-05-05)
- Revenue derived from system solutions changed from '77.1%' to '78.8%' (newer filing, filed 2026-05-05)
- Market focus statement added: 'clean, grid connected energy and (2) data center and mission-critical electrical infrastructure' with emphasis on 'market diversification' (newer filing, filed 2026-05-05)
- Tariff discussion shifted from describing specific historical 10% tariff and reciprocal tariffs to characterizing policy as 'fluid, with frequent adjustments' (newer filing, filed 2026-05-05)
- Notes:
- Older filing text is truncated at 'imposition of new tariffs on' and does not show complete sentence
- Newer filing text is also truncated at 'contributed to significant volatility and uncertainty in the gl' and does not show complete discussion
- Comparison of tariff policy language is limited due to truncation of both versions
Risk Factors
- Added:
- Newer filing references Annual Report on Form 10-K for the year ended December 31, 2025 (filed 2026-05-05) versus December 31, 2024 (filed 2025-11-04)
- Removed:
- Reference to 'potential repurchases under the Company's Repurchase Program (as defined below in Note 12 to the notes to condensed consolidated financial statements)' removed from forward-looking statements list (filed 2025-11-04)
- Bullet point risk factor 'We are subject to risks associated with the patent infringement complaints that we filed with the U.S. International Trade Commission ("ITC") and District Courts' (filed 2025-11-04)
- Bullet point risk factor 'If we fail to, or incur significant costs in order to obtain, maintain, protect, defend or enforce our intellectual property portfolio and other proprietary rights, including the patents we are asserting in ongoing patent infringement litigation, our business and results of operations could be materially harmed' (filed 2025-11-04)
- Bullet point risk factor 'The unauthorized access to our information technology systems or the disclosure of personal or sensitive data or confidential information, whether through a breach of our computer system or otherwise, could severely disrupt our business or reduce our sales or profitability' (filed 2025-11-04)
- Reworded:
- Risk factor changed from 'We may face difficulties with respect to the planned consolidation and relocation of our Tennessee-based manufacturing and distribution operations, and may not realize the benefits thereof' (filed 2025-11-04) to 'We may face difficulties integrating and optimizing our consolidated Tennessee-based manufacturing and distribution operations and may not fully realize the anticipated benefits' (filed 2026-05-05)
- Tariff risk language simplified from 'The interruption of the flow of raw materials from international vendors has disrupted our supply chain, including as a result of the imposition of additional duties, tariffs, retaliatory tariffs, tariff counter-measures, and other charges on imports and exports' (filed 2025-11-04) to 'The interruption of the flow of raw materials from international vendors has disrupted our supply chain, including as a result of the imposition of additional duties, tariffs and other charges on imports and exports' (filed 2026-05-05)
- Trade policy risk language changed from 'Changes in, or threatened changes in, trade policies, including the imposition or threat of trade restrictions, import tariffs, anti-dumping and countervailing duties' (filed 2025-11-04) to 'We are subject to risks from changes to trade restrictions, import tariffs, anti-dumping and countervailing duties. Such changes' (filed 2026-05-05)
- Intellectual property risk consolidated into single bullet 'We are subject to risks related to our ability to protect, enforce, and defend our intellectual property' (filed 2026-05-05), replacing two separate detailed risk factors in older filing (filed 2025-11-04)
- Cybersecurity risk language changed from 'The unauthorized access to our information technology systems or the disclosure of personal or sensitive data or confidential information, whether through a breach of our computer system or otherwise, could severely disrupt our business or reduce our sales or profitability' (filed 2025-11-04) to 'Failure of our information technology systems, including those managed by third parties, or cybersecurity incidents could disrupt our operations and adversely affect our results of operations' (filed 2026-05-05)
- Notes:
- Older filing text was truncated at end of cybersecurity risk factor; comparison based on available complete text
- Page number references changed (Item 1A moved from page 37 to page 33 in newer filing), reflecting document layout differences rather than content substance
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 1 open-market sale by insiders in the last 90 days.
- Last 90 days0 buys · 1 sell ($104100) — 1 selling insider
- Last 180 days0 buys · 2 sells ($565828) — 2 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-16. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about SHLS's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding SHLS as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 28,340,064
- Reported value $186,477,625
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 0 increased, 5 decreased, 1 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
SHLS had 18,447,927 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for SHLS because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 18,447,927
- Prior settlement (shares) 14,516,339
- Reported change 27.08%
- Days to cover (reported) 3.43
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Enphase Energy (ENPH)
- Nextracker (NXT)
- Array Technologies (ARRY)
- Atkore (ATKR)
- Eaton (ETN)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare SHLS vs…
Frequently asked questions
What does SHOALS TECHNOLOGIES GROUP INC CLAS (SHLS) do?
Shoals Technologies Group is a design-engineering company and manufacturer of electrical balance of systems (EBOS) solutions for solar photovoltaic (PV), battery energy storage systems (BESS), and data center power systems. The company offers integrated system solutions that combine proprietary components, engineering design, and innovative installation methods—such as its flagship Big Lead Assembly (BLA) trunk bus—to streamline project deployment and improve system reliability.
What sector is SHOALS TECHNOLOGIES GROUP INC CLAS (SHLS) in?
SHOALS TECHNOLOGIES GROUP INC CLAS (SHLS) is classified in the Industrials sector. Its industry is Electrical infrastructure and balance-of-systems for renewable energy and data centers. It trades on NASDAQ.
Who are SHOALS TECHNOLOGIES GROUP INC CLAS's (SHLS) competitors?
Notable peers of SHOALS TECHNOLOGIES GROUP INC CLAS (SHLS) include Enphase Energy, Nextracker, Array Technologies, Atkore and Eaton. This peer set is informational only — not financial advice.
Is SHOALS TECHNOLOGIES GROUP INC CLAS (SHLS) overbought or oversold right now?
SHOALS TECHNOLOGIES GROUP INC CLAS (SHLS) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 35, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on SHLS come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.