PORTLAND, Tenn., Sept. 11, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Shoals) (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announced today the issuance of its new U.S. patent (the ‘295 patent) that expands its Big Lead Assembly (BLA) intellectual property portfolio and further solidifies its leadership in American energy infrastructure innovation. The ‘295 patent adds yet another patent to those already protecting Shoals’ B ...

Demand Environment - The demand environment for solar energy remains strong and consistent throughout the year, regardless of legislative changes [2][3] - There is a significant need for load growth, and solar energy is viewed as the best opportunity to meet this near-term demand [2] - The certainty of a strong demand environment is expected to continue into the next decade, indicating long-term growth potential [3]

Group 1: Industry Overview - Artificial intelligence is creating significant energy demands, with US data centers projected to consume up to 25% of the nation's electricity capacity by 2030, up from 4% today [1][6] - The potential power demand from US data centers could reach 130 GW by 2030, necessitating substantial investments in energy infrastructure [6] Group 2: Solar Power as a Solution - Solar power is emerging as a key solution to meet the energy needs of hyperscale data centers, with costs for photovoltaic panels having fallen nearly 90% over the last decade [2][5] - Solar is now cheaper than coal or natural gas in many regions, and when combined with modern storage, it can provide reliable 24/7 power [5] Group 3: Investment Opportunities in Solar Stocks - The Invesco Solar ETF (TAN) has seen a 70% decline from its 2021 highs, but momentum is picking up, indicating potential buying opportunities in the sector [3] - Companies like Shoals Technology Group (SHLS), Array Technologies (ARRY), and Nextracker Inc. (NXT) are well-positioned to benefit from the shift towards solar energy [3][21] Group 4: Company-Specific Insights - Nextracker Inc. has seen its stock rise over 80% this year, trading at 16.6x forward earnings, and is forming a bullish technical pattern [9][10] - Array Technologies is projected to have earnings growth of 21.6% annually over the next three to five years, with a forward earnings multiple of 14.2x and a PEG ratio of 0.66 [12][13] - Shoals Technologies Group is noted for its high margins and recurring demand, with a Zacks Rank 2 (Buy) rating and a PEG ratio of 0.75, indicating strong fundamentals [15][16]

Company Overview - Shoals Technologies Group (SHLS) currently holds a Momentum Style Score of B, indicating a positive outlook based on its price change and earnings estimate revisions [2] - The company has a Zacks Rank of 2 (Buy), which suggests it is expected to outperform the market [3] Price Performance - Over the past week, SHLS shares have increased by 24.86%, significantly outperforming the Zacks Solar industry, which rose by 1.56% during the same period [5] - In a longer time frame, SHLS shares have risen by 32.65% over the past quarter and 26.21% over the last year, while the S&P 500 has only moved 9.72% and 16.49%, respectively [6] Trading Volume - The average 20-day trading volume for SHLS is 6,312,327 shares, which is considered a bullish sign as it indicates strong interest in the stock [7] Earnings Estimates - In the past two months, five earnings estimates for SHLS have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.35 to $0.38 [9] - For the next fiscal year, five estimates have also moved upwards without any downward revisions [9] Conclusion - Considering the positive price momentum, strong trading volume, and favorable earnings outlook, SHLS is positioned as a solid momentum pick with a 2 (Buy) rating and a Momentum Score of B [11]

Core Viewpoint - Shares of Shoals Technologies Group (SHLS) have seen a 2.7% increase over the past four weeks, closing at $5.76, with a potential upside indicated by Wall Street analysts' mean price target of $7.25, suggesting a 25.9% increase from the current price [1] Price Targets and Analyst Estimates - The mean estimate consists of 18 short-term price targets with a standard deviation of $1.63, indicating variability among analysts; the lowest estimate is $4.00 (30.6% decline), while the highest is $11.00 (91% increase) [2] - Analysts' price targets can often mislead investors, as empirical research shows that they rarely indicate the actual price direction of a stock [7][10] - A low standard deviation in price targets suggests a high degree of agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [9] Earnings Estimates and Market Sentiment - Analysts are optimistic about SHLS's earnings prospects, as indicated by a strong consensus in revising EPS estimates higher, which correlates with near-term stock price movements [11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 10.7%, with five estimates moving higher and no negative revisions [12] - SHLS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating potential upside in the near term [13]

Core Insights - Shoals Technologies Group, Inc. has appointed Aaron Zadeh as Country Manager for the Pacific region, focusing on Australia, New Zealand, and the Pacific islands, to enhance its commitment to clean energy solutions in a promising solar market [1][4] - Aaron Zadeh brings over two decades of experience in the solar and energy storage sectors, having held senior roles at leading companies and contributing to significant renewable energy projects globally [2][3] - The appointment is seen as a strategic move to leverage Australia's transformative energy journey and to support the country's renewable energy targets and demand for advanced solar infrastructure [4] Company Overview - Shoals Technologies Group is a leader in electrical balance of systems (EBOS) solutions for the energy transition market, recognized for its innovative technologies that enhance installation efficiency, safety, and system performance [5]

Core Viewpoint - Shoals Technologies Group (SHLS) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise their earnings estimates [1][3] Earnings Estimate Revisions - The upward trend in earnings estimate revisions reflects growing analyst optimism regarding the company's earnings prospects, which is expected to positively impact its stock price [2] - For the current quarter, Shoals Technologies is projected to earn $0.12 per share, indicating a year-over-year increase of +50.0%. Over the last 30 days, two estimates have been revised upward, leading to a 13.9% increase in the Zacks Consensus Estimate [6] - For the full year, the expected earnings per share is $0.38, representing a year-over-year change of +8.6%. In the past month, five estimates have been revised upward with no negative revisions, contributing to a positive consensus outlook [7] Zacks Rank and Performance - Shoals Technologies currently holds a Zacks Rank 2 (Buy), indicating strong agreement among analysts in revising earnings estimates upward, which historically correlates with stock performance [8] - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have shown significant outperformance compared to the S&P 500, suggesting a favorable investment environment for Shoals Technologies [8] Recent Stock Performance - Over the past four weeks, Shoals Technologies shares have increased by 7.1%, indicating investor confidence in the company's earnings growth prospects [9]

Group 1 - Shoals Technologies Group (SHLS) has reached a significant support level and shows potential for investors from a technical perspective [1] - SHLS recently broke through the 50-day moving average, indicating a short-term bullish trend [1] - Over the past four weeks, SHLS has gained 7.1%, and it is currently ranked a Zacks Rank 2 (Buy), suggesting further upward movement [2] Group 2 - The bullish outlook is reinforced by positive earnings estimate revisions, with no estimates decreasing in the past two months and five estimates increasing [3] - The consensus estimate for SHLS has also increased, indicating strong investor interest [3] - Investors are encouraged to monitor SHLS for potential gains in the near future due to its key technical level and favorable earnings revisions [3]

Core Viewpoint - The article emphasizes the importance of value investing and highlights Shoals Technologies Group (SHLS) as a strong value stock based on its favorable valuation metrics and earnings outlook [2][4][7]. Company Summary - Shoals Technologies Group (SHLS) currently holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [4]. - The stock is trading at a P/E ratio of 10.76, significantly lower than the industry average of 14.45, suggesting it may be undervalued [4]. - SHLS has a PEG ratio of 0.45, which is also lower than the industry average of 0.65, indicating strong earnings growth potential relative to its price [5]. - The P/B ratio for SHLS is 1.33, compared to the industry average of 2.04, further supporting the notion that the stock is undervalued [6]. - Over the past year, SHLS's Forward P/E has fluctuated between 7.04 and 17.31, with a median of 11.36, while its PEG ratio has ranged from 0.29 to 0.72, with a median of 0.47 [4][5]. Industry Summary - The industry average P/E ratio stands at 14.45, while the average PEG ratio is 0.65, indicating that SHLS is positioned favorably within its sector [4][5]. - The average P/B ratio for the industry is 2.04, which highlights SHLS's competitive valuation metrics [6].

Core Insights - Shoals Technologies Group, Inc. has announced the groundbreaking of the Maryvale Solar and Energy Storage Project, marking a significant milestone in renewable energy infrastructure in Australia [1][4] - The project aims to deliver approximately 243 MW of solar generation capacity and 172 MW of battery storage, contributing to Australia's ambitious target of generating 82% of its electricity from renewable sources by 2030 [2][4] - The collaboration with PCL Construction and Gentari highlights the integration of advanced electrical balance-of-system solutions to enhance the efficiency and reliability of renewable energy delivery [3][4] Company Overview - Shoals Technologies Group is recognized as a leader in electrical balance of systems (EBOS) solutions for the energy transition market, focusing on innovative technologies that improve installation efficiency and system performance [5] - The company has been operational since 1996 and has established itself as a key player in the renewable energy industry [5] Project Details - The Maryvale project is one of Australia's largest DC-coupled solar and battery energy storage systems, designed to enhance grid reliability and enable long-duration clean energy delivery [2][4] - Construction has commenced, with commercial operations expected to begin in early 2027, further supporting Australia's renewable energy targets [4]