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SHLS
Stock ticker: NASDAQ
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SHLS stock forecast, quote, news & analysis

Shoals Technologies Group is a provider of electrical balance of system solutions for solar energy projects, primarily in the United States... Show more

SHLS
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a Summary for SHLS with price predictions
Oct 01, 2026

SHLS's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for SHLS turned positive on September 04, 2026. Looking at past instances where SHLS's MACD turned positive, the stock continued to rise in 36 of 42 cases over the following month. The odds of a continued upward trend are 86%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on September 15, 2026. You may want to consider a long position or call options on SHLS as a result. In 74 of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 78%.

SHLS moved above its 50-day moving average on September 30, 2026 date and that indicates a change from a downward trend to an upward trend.

Following a +4.63% 3-day Advance, the price is estimated to grow further. Considering data from situations where SHLS advanced for three days, in 213 of 256 cases, the price rose further within the following month. The odds of a continued upward trend are 83%.

The Aroon Indicator entered an Uptrend today. In 157 of 195 cases where SHLS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 81%.

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

The 50-day moving average for SHLS moved below the 200-day moving average on September 11, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SHLS declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 85%.

SHLS broke above its upper Bollinger Band on September 22, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is 43 (best 1 - 100 worst), indicating steady price growth. SHLS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of 80 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.023) is normal, around the industry mean (4.934). P/E Ratio (39.079) is within average values for comparable stocks, (104.750). Projected Growth (PEG Ratio) (0.515) is also within normal values, averaging (1.473). Dividend Yield (0.000) settles around the average of (0.014) among similar stocks. P/S Ratio (1.968) is also within normal values, averaging (5.257).

The Tickeron SMR rating for this company is 82 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is 84 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SHLS’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 99, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are First Solar (NASDAQ:FSLR), Enphase Energy (NASDAQ:ENPH), SolarEdge Technologies (NASDAQ:SEDG), Canadian Solar (NASDAQ:CSIQ).

Industry description

The alternative power generation industry consists of companies that operate power facilities converting non-conventional forms of energy into electricity. These energy forms are alternatives to fossil fuels, and many of them are derived from natural resources. Alternative energy forms include solar, wind, hydro, and geothermal steam. A major purpose behind using alternative energy – also called ‘clean’ energy - is to address concerns related to the more conventional fossil fuels, such as the latter’s high carbon dioxide emissions which is often considered a factor in global warming. Alternative power generation has been gaining traction in recent years, and could grow further in the future. Large organizations like Google have invested substantially in wind and solar energy-powered electricity. Some of the prominent U.S. companies operating in the alternative power generation industry includes Ormat Technologies, Inc., TerraForm Power, Inc. and NextEra Energy Partners LP.

Market Cap

The average market capitalization across the Alternative Power Generation Industry is 1.91B. The market cap for tickers in the group ranges from 3.39K to 270.64B. CDVM holds the highest valuation in this group at 270.64B. The lowest valued company is MAXNQ at 3.39K.

High and low price notable news

The average weekly price growth across all stocks in the Alternative Power Generation Industry was -4%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was -39%. SHLS experienced the highest price growth at 9%, while SPRU experienced the biggest fall at -21%.

Volume

The average weekly volume growth across all stocks in the Alternative Power Generation Industry was -30%. For the same stocks of the Industry, the average monthly volume growth was -30% and the average quarterly volume growth was -68%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 67
P/E Growth Rating: 50
Price Growth Rating: 73
SMR Rating: 80
Profit Risk Rating: 98
Seasonality Score: 28 (-100 ... +100)
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SHLS
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published General Information

General Information

Industry AlternativePowerGeneration

Industry
N/A
Address
1400 Shoals Way
Phone
+1 615 451-1400
Employees
1480
Web
https://www.shoals.com
SHLS's MACD Histogram just turned positive