Array Technologies' Merger With Shoals Expected to Boost Cash Flow, RBC Capital Markets Says
Shoals Technologies Group, Inc. SHLS
$8.72
βΌ -13.49%
($-1.36)
⬇️ Below Yest. Low
Open
$9.90
Prev Close
$10.08
Day Range
$8.68 β $9.92
52W Range
$5.43 β $13.18
Market Cap
$1.70B
P/E (TTM)
38.83
Beta
1.79
EPS (TTM)
$0.22
π Company Profile
| Industry | Electrical Equipment |
| Country | US |
| Exchange | NASDAQ NMS - GLOBAL MARKET |
| Currency | USD |
| IPO Date | 2021-01-27 |
| Shares Out. | 168,300,000 |
| Website | shoals.com/ β |
| Phone | 13026365400 |
| Employees | 1,480 |
| Revenue | $195.3M |
| Gross Profit | $62.4M |
| Net Income | $17.9M |
| Free Cash Flow | -$34.5M |
| Total Assets | $978.7M |
| Total Liabilities | $340.6M |
| Equity | $638.1M |
About Shoals Technologies Group, Inc.
Shoals Technologies Group is a provider of electrical balance of system solutions for solar energy projects, primarily in the United States. EBOS encompasses components that are necessary to carry electric current produced by solar panels to an inverter. The products are sold principally to engineering, procurement, and construction firms that build solar energy projects.
Shoals Technologies Group, Inc. is a publicly traded company under the ticker symbol SHLS on the NASDAQ NMS - GLOBAL MARKET, operating in the Electrical Equipment industry. Quotes and metrics shown here are sourced from public market data and refreshed regularly.
π Analyst Ratings
24 analysts (2026-11-01)
π° Latest News for SHLS
The 5 most interesting analyst questions from Shoalsβs Q3 2026 earnings call
Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
Shares of electrical equipment companies are higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. A reduction in tariffs could alleviate some supply chain concerns and improve macro sentiment as well as demand visibility.
Major Solar Power, Energy Storage Companies Merge in All-Stock Deal
Array Technologies (ARRY) Q3 2026 Earnings Call Transcript
Shoals Technologies Group, Inc. (SHLS) M&A Call Transcript
Major Merger: How The Array And Shoals Business Combination Will Likely Play Out

