Weekly Analysts’ Ratings Changes for Shoals Technologies Group (SHLS)

Shoals Technologies Group (NASDAQ: SHLS) recently received a number of ratings updates from brokerages and research firms:

• 8/5/2026 – Shoals Technologies Group had its price target raised by Royal Bank Of Canada from $9.00 to $10.00. They now have an “outperform” rating on the stock.
• 8/4/2026 – Shoals Technologies Group was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 8/4/2026 – Shoals Technologies Group had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc.. They now have a $13.00 price target on the stock.
• 7/22/2026 – Shoals Technologies Group had its “neutral” rating reaffirmed by Citigroup Inc..
• 7/21/2026 – Shoals Technologies Group had its price target raised by The Goldman Sachs Group, Inc. from $11.00 to $13.00. They now have a “buy” rating on the stock.
• 7/14/2026 – Shoals Technologies Group had its price target raised by Jefferies Financial Group Inc. from $10.00 to $12.00. They now have a “buy” rating on the stock.
• 7/6/2026 – Shoals Technologies Group was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
• 7/2/2026 – Shoals Technologies Group had its “buy” rating reaffirmed by Roth Capital.
• 6/26/2026 – Shoals Technologies Group had its price target raised by Barclays PLC from $9.00 to $10.00. They now have an “overweight” rating on the stock.
• 6/11/2026 – Shoals Technologies Group had its price target raised by Wells Fargo & Company from $9.00 to $10.00. They now have an “equal weight” rating on the stock.

Insider Buying and Selling

In other Shoals Technologies Group news, insider Bobbie Lee King, Jr. sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $10.41, for a total transaction of $104,100.00. Following the completion of the sale, the insider directly owned 98,918 shares in the company, valued at approximately $1,029,736.38. The trade was a 9.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.81% of the company’s stock.

Shoals Technologies Group, Inc is a leading provider of electrical balance-of-system (BOS) solutions for the solar energy industry. The company designs, engineers and manufactures a comprehensive portfolio of products, including junction boxes, combiner boxes, cable assemblies, power distribution units and monitoring systems. These components are critical to interconnecting photovoltaic modules, optimizing energy output and ensuring safe, reliable performance across solar installations.

Founded in 1996 and headquartered in Portland, Tennessee, Shoals has grown its manufacturing and operations footprint to serve customers around the globe.