Shoals Technologies Group (SHLS)

• Market cap: $570M
• 1 day: 1.49%
• 5 days: 14.05%
• 1 month: 21.35%
• 3 months: -41.71%
• 6 months: -35.78%
• Year to date: -43.64%
• 1 year: -64.77%
• 5 years: -88.99%
• 10 years: -88.99%
• Sector: Technology
• Industry: Solar

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

350% more call options, than puts

Call options by funds: $11.4M | Put options by funds: $2.53M

3.34% more ownership

Funds ownership: 99.08% [Q3] → 102.42% (+3.34%) [Q4]

2% more capital invested

Capital invested by funds: $925M [Q3] → $945M (+$19.8M) [Q4]

5% less funds holding

Funds holding: 231 [Q3] → 219 (-12) [Q4]

12% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 50

16% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 82

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $3.40 0% upside
• Avg. target: $6.54 92% upside
• High target: $10 193% upside

11 analyst ratings

• positive: 8 73%
• neutral: 3 27%
• negative: 0 0%

Jefferies Julien Dumoulin-Smith 58% 1-year accuracy 47 / 81 met price target	0% downside $3.40	Hold Maintained	12 Mar 2025
UBS Jon Windham 8% 1-year accuracy 2 / 25 met price target	105% upside $7	Buy Maintained	26 Feb 2025
Piper Sandler Kashy Harrison 23% 1-year accuracy 9 / 39 met price target	76% upside $6	Overweight Maintained	26 Feb 2025
Goldman Sachs Brian Lee 34% 1-year accuracy 27 / 79 met price target	105% upside $7	Buy Maintained	26 Feb 2025
RBC Capital Christopher Dendrinos 41% 1-year accuracy 7 / 17 met price target	105% upside $7	Outperform Maintained	26 Feb 2025