Jefferies initiated coverage on Shoals Technologies with a new price target
$SHLS
Semiconductors
Technology
Jefferies initiated coverage of Shoals Technologies with a rating of Hold and set a new price target of $5.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/14/2024 | $46.00 | Equal Weight | Wells Fargo |
| 10/3/2024 | $5.00 → $5.50 | Sell → Neutral | Citigroup |
| 9/4/2024 | $5.00 | Hold | Jefferies |
| 8/7/2024 | $15.00 → $7.00 | Outperform → Neutral | Exane BNP Paribas |
| 7/2/2024 | $15.00 → $5.00 | Buy → Sell | Citigroup |
| 5/8/2024 | $15.00 → $11.00 | Buy | TD Cowen |
| 5/8/2024 | $15.00 → $8.00 | Buy → Neutral | ROTH MKM |
| 2/29/2024 | $30.00 → $22.00 | Outperform | TD Cowen |
Wells Fargo initiated coverage of Shoals Technologies with a rating of Equal Weight and set a new price target of $46.00
Citigroup upgraded Shoals Technologies from Sell to Neutral and set a new price target of $5.50 from $5.00 previously
Jefferies initiated coverage of Shoals Technologies with a rating of Hold and set a new price target of $5.00
PORTLAND, Tenn., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. ("Shoals"), a global leader in electrical balance of system ("EBOS") solutions for the energy transition market, announced today its participation in the following upcoming investor events: November 14, 2024: Jefferies Virtual Fireside Chat Shoals' CEO Brandon Moss, CFO Dominic Bardos, and VP of Finance and Investor Relations Matt Tractenberg will participate in a fireside chat with covering analyst Julien Dumoulin-Smith. Interested investors should contact their Jefferies sales representative. November 22, 2024: Truist Securities Virtual Fireside Chat Shoals' CEO Brandon Moss, CFO Dominic Bardos, and V
PORTLAND, Tenn., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the "Company") (NASDAQ:SHLS) today announced that the Company will release its third quarter 2024 results before market open on Tuesday, November 12, 2024, to be followed by a conference call at 8:00 a.m. (Eastern Time) on the same day. Interested investors and other parties can access the live webcast through the Investor Relations section of the Company's website at https://investors.shoals.com. An archived replay of the webcast will be available shortly after the event concludes. About Shoals Technologies Group, Inc.Shoals Technologies Group is a leading provider of electrical balance of systems ("EBOS
PORTLAND, Tenn., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. ("Shoals"), a global leader in electrical balance of system ("EBOS") solutions for the energy transition market, announced today that it has further strengthened its executive team with two new additions to drive operational excellence. Kirsten Moen, newly appointed Chief Operations Officer, is an accomplished operations and manufacturing executive with extensive experience in leading organizations such as Eaton and Stanley Black & Decker. Her established track record of driving lean manufacturing, optimizing manufacturing processes, and delivering measurable results will further position Shoals as a lea
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8-K - Shoals Technologies Group, Inc. (0001831651) (Filer)
8-K - Shoals Technologies Group, Inc. (0001831651) (Filer)
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PORTLAND, Tenn., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the "Company") (NASDAQ:SHLS) today announced that the Company will release its third quarter 2024 results before market open on Tuesday, November 12, 2024, to be followed by a conference call at 8:00 a.m. (Eastern Time) on the same day. Interested investors and other parties can access the live webcast through the Investor Relations section of the Company's website at https://investors.shoals.com. An archived replay of the webcast will be available shortly after the event concludes. About Shoals Technologies Group, Inc.Shoals Technologies Group is a leading provider of electrical balance of systems ("EBOS
– Quarterly Revenue of $99.2 million – – Gross Margin of 40.3% – – Net Income of $11.8 million – – Adjusted EBITDA of $27.7 million – – Backlog and Awarded Orders Increased 18% Year-Over-Year to $642.3 million – – Provides Third Quarter and Full Year 2024 Outlook – PORTLAND, Tenn., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ:SHLS), a leading provider of electrical balance of system ("EBOS") solutions for the energy transition market, today announced results for its second quarter ended June 30, 2024. "The second quarter was a busy one for Shoals, which included new commercial agreements, new product introduction
PORTLAND, Tenn., July 15, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the "Company") (NASDAQ:SHLS) today announced that the Company will release its second quarter 2024 results after market close on Tuesday, August 6, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of the Company's website at https://investors.shoals.com. The conference call can be accessed live over the phone by dialing 1-877-407-0789 (domestic) or + 1-201-689-8562 (international). A telephonic replay will be available approxima
In the preceding three months, 13 analysts have released ratings for Shoals Technologies Gr (NASDAQ:SHLS), presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 4 3 1 1 Last 30D 1 0 1 0 0 1M Ago 0 2 0 0 1 2M Ago 0 0 0 0 0 3M Ago 3 2 2 1 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $11.77, along with a high estimate of $23.00 and a low estimate of $5.00. A 27.8
UBS analyst Jon Windham maintains Shoals Technologies Gr (NASDAQ:SHLS) with a Buy and lowers the price target from $20 to $12.
Barclays analyst Christine Cho maintains Shoals Technologies Gr (NASDAQ:SHLS) with a Equal-Weight and lowers the price target from $12 to $10.
PORTLAND, Tenn., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. ("Shoals"), a global leader in electrical balance of system ("EBOS") solutions for the energy transition market, announced today that it has further strengthened its executive team with two new additions to drive operational excellence. Kirsten Moen, newly appointed Chief Operations Officer, is an accomplished operations and manufacturing executive with extensive experience in leading organizations such as Eaton and Stanley Black & Decker. Her established track record of driving lean manufacturing, optimizing manufacturing processes, and delivering measurable results will further position Shoals as a lea
PORTLAND, Tenn., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (NASDAQ:SHLS), a global leader in electrical balance of systems (EBOS) solutions for the energy transition market, today announced that its Board of Directors has appointed Niharika Taskar Ramdev to the Board, effective August 9, 2024. The Board also appointed Ms. Ramdev to be a member of the Audit Committee of the Board. Ms. Ramdev replaces Peter Wilver, who resigned from the Board of Directors as of August 9, 2024. Shoals thanks Mr. Wilver for his service to the Company and its stockholders. "We are grateful to Pete for his outstanding contribution to Shoals and are excited to welcome Niharika to the Boar
PORTLAND, Tenn., June 13, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (NASDAQ:SHLS), a leading provider of electrical balance of system ("EBOS") solutions for the energy transition market, today announced that it will host its inaugural Investor Day in Nashville, Tennessee on Thursday, September 5, 2024, beginning at 8:30 a.m. CT. Brandon Moss, Chief Executive Officer and Dominic Bardos, Chief Financial Officer, along with other members of the senior leadership team, will provide an in-depth overview of the Company's strategy, including key growth opportunities and financial objectives. The formal presentations will be followed by a Q&A session with the Shoals' senior leader