How to Buy Shoals Technologies Group Stock
Shoals Technologies Group Inc
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States.
Shoals Technologies Group stock last closed at $6.17, down 0.48% from the previous day, and has increased 89.85% in one year. It has overperformed other stocks in the Solar industry by 0.69 percentage points. Shoals Technologies Group stock is currently +111.3% from its 52-week low of $2.92, and -45.69% from its 52-week high of $11.36.
There are currently 167.45M SHLS shares outstanding. The market capitalization of SHLS is $1.03B. In the last 24 hours, 3.97M SHLS shares were traded.
How to Buy Shoals Technologies Group Stock
Not sure how to invest in Shoals Technologies Group stock? Here's how.
- Decide where to buy Shoals Technologies Group stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Shoals Technologies Group stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your payment method and add your information.
- Analyze Shoals Technologies Group stock: The Shoals Technologies Group ticker symbol is SHLS. Is Shoals Technologies Group stock a good investment? Should you buy shares of SHLS? How do SHLS's underlying business fundamentals look? Do top analysts think Shoals Technologies Group is a good buy? Why has SHLS's stock price moved recently? (Hint: Our stock market research website can help you figure out if SHLS is a good stock to buy).
- Execute your SHLS buy order: Decide if you will purchase SHLS shares at the current market price or use a limit order to buy SHLS stock at a specific price.
- Watch your SHLS investment: Create a watchlist to important notifications about your new investment in Shoals Technologies Group stock.
Step 1: Decide where to buy Shoals Technologies Group stock
You will need an online brokerage account in order to access the NASDAQ market and buy SHLS shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you are able to buy SHLS stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start your new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on mobile trading apps, you need to deposit funds:
Watch this video walkthrough for more details depositing funds into your investment account.
Step 4: Analyze Shoals Technologies Group stock
After you have decided on the best place to buy Shoals Technologies Group stock, it's very important to analyze their stock prior to buying, so you actually understand the risk as well as the opportunity.
Shoals Technologies Group stock quick numbers
SHLS Fundamentals
WallStreetZen was built to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on SHLS's stock page.
Is SHLS stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SHLS's intrinsic value.
Using relative valuations metrics:
- SHLS could be overvalued based on its P/E ratio of 30.85x, relative to Solar industry P/E ratio of 17.67x
- SHLS could be undervalued based on its P/B ratio of 1.72x, relative to Solar industry P/B ratio of 2.43x
- SHLS could be undervalued based on its PEG ratio of 0.67x
You can do additional valuation research on SHLS's stock here.
A look at SHLS Cashflows and Balance Sheet
Signs that SHLS is financially healthy:
- Total SHLS debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the SHLS balance sheet.
- SHLS profit margin has gone up from 6% to 7.1% in the past year.
- SHLS has $7.32M in cash and short term investments. This is sufficient to cover its annual cash burn of $10.89M.
- There are more short-term assets than short-term liabilities on the SHLS balance sheet.
Signs that SHLS is not financially healthy:
- SHLS has a relatively high debt to equity ratio of 0.51.
- SHLS has cash burn of 10888000. It does not have sufficient cash and short-term investments to cover this.
Is SHLS stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 12 sell side analysts who monitor SHLS, the consensus analyst rating on Shoals Technologies Group is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent SHLS Analyst Ratings
Andrew Percoco, a top 6% analyst from Morgan Stanley maintains SHLS with a hold rating and lowers their SHLS price target from $9.50 to $8.50, on Feb 25, 2026.
Philip Shen, a bottom 5% analyst from Roth Capital maintains SHLS with a strong buy rating and lowers their SHLS price target from $15.00 to $10.00, on Feb 25, 2026.
Praneeth Satish, a top 13% analyst from Wells Fargo maintains SHLS with a hold rating and lowers their SHLS price target from $10.00 to $9.00, on Feb 25, 2026.
Joseph Osha, a top 3% analyst from Guggenheim maintains SHLS with a strong buy rating and lowers their SHLS price target from $12.00 to $11.00, on Feb 25, 2026.
Sean Milligan, a top 34% analyst from Needham maintains SHLS with a buy rating and lowers their SHLS price target from $14.00 to $12.00, on Feb 25, 2026.
You can dive deeper into what analysts are forecasting on the Shoals Technologies Group stock forecast page.
SHLS Technicals
SHLS Growth Metrics
Last year, SHLS earnings were $33.57M. Over the last five year, SHLS's earnings have grown by -0.97% per year. This was slower than the Solar industry average of 17.81%.
Last year, SHLS revenue was $475.33M. Over the past 5 year, SHLS's revenue has grown by 22.05% per year. This was slower than the Solar industry average of 41.15%.
Dive into SHLS's earnings and revenue performance here.
Latest Insiders Trades at SHLS
In the last year, insiders at SHLS have sold more shares than they have bought.
Dominic Bardos, Chief Financial Officer of SHLS, was the latest SHLS insider to sell. They sold $166,479.96 worth of SHLS shares on Mar 4, 2026.
Learn more about who owns SHLS shares here.
Can I get consistent income from SHLS stock?
No, Shoals Technologies Group doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your SHLS buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price, use a limit order.
Press the Open button and eToro will place the order.
If you need additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Watch your SHLS investment
Now that you own some SHLS shares, you'll want to stay up-to-date on your new investment.
Make a watchlist to track the most important metrics related to your SHLS stock.
SHLS Feed
How to Buy Stock in Shoals Technologies Group
To reiterate, here are the 6 steps for buying Shoals Technologies Group stock:
- Decide where to buy Shoals Technologies Group stock
- Create a brokerage account
- Fund your investment account
- Analyze Shoals Technologies Group stock
- Execute your SHLS buy order
- Watch your SHLS investment
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Shoals Technologies Group, add SHLS to your watchlist by clicking the button below.
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