Shoals Technologies Group Inc. (Class A) (SHLS) receives a Roarable Rating of D- (Sell) and flashes a Red SELL / AVOID rating (36/100 RQD Confidence). Alongside weak composite pillar scores, our SEC filing scanner spotted paper earnings outpacing operating cash flow (+117.9% (NI vs OCF)).
As of 2026-11-03, Shoals Technologies Group Inc. (Class A) (NASDAQ: SHLS) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 36/100 at a spot price of $7.60 (+5.56% 1D, market cap $1.21B). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 5/20, SEC Balance-Sheet Forensics 12/20, FRED Macro Regime Fit 5/20, and Executive Insider Alignment 7/20. Active quantitative signal ACCOUNTING_MIRAGE (BEARISH, conviction undefined/100) notes: undefined.
Within the Technology sector (Semiconductors), SHLS carries a Roarable D- (36/100 RQD), trailing P/E of 37.8x, gross margin of 35.0%, and ROIC of 7.5%. By comparison, WOLF (Wolfspeed Inc.) holds a D- grade (37/100 RQD, P/E N/A, ROIC 0.7%, cap $1.16B) and AMBQ (Ambiq Micro Inc.) posts a E grade (33/100 RQD, P/E N/A, ROIC -35.0%, cap $1.16B). Among the 5-stock peer group, SHLS leads on earnings multiple (37.8x) while SHLS leads on capital efficiency (7.5% ROIC).
Per SHLS's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001831651), Shoals Technologies Group Inc. (Class A) generated $475.3M in revenue (+19.1% YoY), $33.6M in net income, and -$16.0M in free cash flow against $904.1M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Technology with deep daily trading liquidity. Primary risk factors monitored: SEC Accrual Watch: Headline earnings grew faster than operating cash flow—monitor working-capital conversion. Institutional options positioning shows a 50% call / 50% put premium split.
Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer
Altman Z-Score 3.62 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 6/9
SEC XBRL FY 2025 (10-K): 0% FCF Margin ($0 FCF) & 35% Gross Margin
Macro rate sensitivity & RSI-14 (42.6) create a -15 pt regime headwind
While SHLS currently carries a cautious 36/100 (D-) rating due to Macro Regime Fit (5/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.
Established market leader in Technology with deep daily trading liquidity.
Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($7.58) and Max Pain ($7.98) forces dealer call-delta covering toward $13.84.
Forensic Repair Trigger: Halting share dilution (Dilution Drag (+1.36% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.
Shoals Technologies Group Inc. (Class A) (SHLS) surged +5.56% to $7.60, trading at 28% of its 52-week range ($5.43 – $13.18). Weak 36/100 RQD score compounded by SEC accrual divergence (+117.9% (NI vs OCF)).
Yahoo Finance report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
MarketBeat report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
StockInvest.us report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
Stock Titan report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
MarketBeat report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
https://www.dars.gov.et/ report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
MarketBeat report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
I keep reading about the enormous sums being spent on artificial intelligence, and I keep coming back to the electric bill. All those expensive computers have to run on something. Put enough of them in enough
JP Morgan analyst Mark Strouse maintains Shoals Technologies Group (NASDAQ:SHLS) with a Overweight and lowers the price target from $13 to $12.
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +19.1% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on SHLS today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for SHLS. Explore sector supply chains on /butterfly.
Across 715 tracked Technology securities in the Roarable RQD universe, Shoals Technologies Group Inc. (Class A) (SHLS) ranks #506 by composite RQD confidence (36/100, grade D-) and #337 by equity capitalization ($1.21B). Within this direct 5-issuer industry benchmark cohort, SHLS leads on earnings valuation at 37.8x trailing P/E, while SHLS leads on capital efficiency and profitability with 7.5% ROIC and 35.0% gross margin. WOLF currently holds the highest overall quantitative score in the immediate peer group at 37/100 (D-) compared with SHLS at 36/100 (D-).
| Ticker / Company | Roarable Grade | RQD Score | Trailing P/E | Gross Margin | ROIC | 1D Change | Market Cap | Head-to-Head |
|---|---|---|---|---|---|---|---|---|
| SHLS
ACTIVE
Shoals Technologies Group Inc. (Class A) | D- | 36/100 | 37.8x | 35.0% | 7.5% | +5.56% | $1.21B | Benchmark Subject |
| WOLF Wolfspeed Inc. | D- | 37/100 | — | — | 0.7% | -5.14% | $1.16B | /wolf-vs-shls → |
| AMBQ Ambiq Micro Inc. | E | 33/100 | — | 44.3% | -35.0% | -9.34% | $1.16B | /ambq-vs-shls → |
| ICHR Ichor Holdings | E | 32/100 | — | 9.3% | -4.5% | -5.30% | $1.46B | /ichr-vs-shls → |
| AIP Arteris Inc. | E | 33/100 | — | 90.2% | -35.0% | -5.05% | $924.1M | /aip-vs-shls → |
In its most recent audited fiscal period (FY2025, filed 2025-12-31), Shoals Technologies Group Inc. (Class A) (SHLS) reported GAAP revenue of $475.3M (+19.1% vs. FY2024 revenue of $399.2M , and -2.8% cumulative change since FY2023) , GAAP net income of $33.6M, operating cash flow of $17.1M, and free cash flow of -$16.0M (-122.2% YoY). On the balance sheet, SHLS closed FY2025 with $904.1M in total assets against $0 in total debt (Altman Z-Score: 3.62, Piotroski F-Score: 6/9).
| Fiscal Period | Filing Date | Revenue | Net Income | Operating Cash Flow | Free Cash Flow | Total Assets | Total Debt |
|---|---|---|---|---|---|---|---|
| FY2025 (FY) | 2025-12-31 | $475.3M | $33.6M | $17.1M | -$16.0M | $904.1M | — |
| FY2024 (FY) | 2024-12-31 | $399.2M | $24.1M | $80.4M | $72.0M | $793.1M | $141.8M |
| FY2023 (FY) | 2023-12-31 | $488.9M | $40.0M | $92.0M | $92.0M | — | — |
As of 2026-11-03, Shoals Technologies Group Inc. (Class A) (NASDAQ: SHLS) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 36/100 at a spot price of $7.60 (+5.56% 1D, market cap $1.21B). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 5/20, SEC Balance-Sheet Forensics 12/20, FRED Macro Regime Fit 5/20, and Executive Insider Alignment 7/20. Active quantitative signal ACCOUNTING_MIRAGE (BEARISH, conviction undefined/100) notes: undefined.
Within the Technology sector (Semiconductors), SHLS carries a Roarable D- (36/100 RQD), trailing P/E of 37.8x, gross margin of 35.0%, and ROIC of 7.5%. By comparison, WOLF (Wolfspeed Inc.) holds a D- grade (37/100 RQD, P/E N/A, ROIC 0.7%, cap $1.16B) and AMBQ (Ambiq Micro Inc.) posts a E grade (33/100 RQD, P/E N/A, ROIC -35.0%, cap $1.16B). Among the 5-stock peer group, SHLS leads on earnings multiple (37.8x) while SHLS leads on capital efficiency (7.5% ROIC).
Per SHLS's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001831651), Shoals Technologies Group Inc. (Class A) generated $475.3M in revenue (+19.1% YoY), $33.6M in net income, and -$16.0M in free cash flow against $904.1M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Technology with deep daily trading liquidity. Primary risk factors monitored: SEC Accrual Watch: Headline earnings grew faster than operating cash flow—monitor working-capital conversion. Institutional options positioning shows a 50% call / 50% put premium split.
SHLS last traded at $7.60 (+5.56% on volume of 4,332,835 shares), positioning the stock +0.26% above its 50-day simple moving average ($7.58) and -10.06% below its 200-day simple moving average ($8.45). Across its 52-week range of $5.43 to $13.18, SHLS sits at the 28.0% percentile with a 14-day RSI of 42.6 (NEUTRAL RANGE) and an implied next-earnings move of ±11.8% ($6.70 to $8.50).
Shoals Technologies Group Inc. (Class A) (SHLS) earns a live Roarable RQD composite score of 36/100, corresponding to a D- letter grade (Roarable Sell) at a spot price of $7.60 (+5.56% 1D, market capitalization $1.21B).
Shoals Technologies Group Inc. (Class A) (SHLS) is a NASDAQ-listed issuer in the Technology sector and Semiconductors industry,. — for: specific products sold, customer base, or revenue model. The source data reports gross margin of 35%, operating margin of 11.9%, and net margin of 7.1% per the market data, but does not describe how the company makes money.
In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Shoals Technologies Group Inc. (Class A) (SHLS) reported $475.3M in annual revenue (up from $399.2M in FY2024, +19.1% YoY) and $33.6M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($488.9M revenue, $40.0M net income) through FY2025, SHLS scaled operating cash flow to $17.1M and free cash flow to -$16.0M, backed by $904.1M in total assets against $0 in total debt.
Supply chain is NONE and butterfly links are empty. Upstream and downstream dependencies: — Sector correlations: — beyond the Technology / Semiconductors classification and beta of 1.0. Second-order bottlenecks: the accrual signal per the Butterfly graph is the primary ripple to monitor, since receivable and working-capital build could pressure cash conversion if it does not reverse.
Real-time company headlines, analyst actions, and sector developments for Shoals Technologies Group Inc. (Class A) (SHLS) • Click "Debate This Headline" to argue it in the Roar Pit below
Yahoo Finance report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
MarketBeat report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
StockInvest.us report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
Stock Titan report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
MarketBeat report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
https://www.dars.gov.et/ report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
MarketBeat report covering Shoals Technologies Group Inc. (Class A) (SHLS) market action, institutional positioning, and fundamental catalysts.
Picked up a starter position in SHLS in my $100K Virtual Cash book at $7.20. Forensic balance sheet scores 12/20 with Altman Z of 3.62, Piotroski F of 6/9, and Debt/Equity of 0.5, the strongest pillar in the RQD rating.. Trading inside a $5.43–$13.18 52-week range with -1.26% FCF yield gives solid downside support if Semiconductors multiples expand this quarter.
Both sides have a point here — SHLS's 12/20 balance sheet score keeps downside contained, so the real swing factor next earnings call is backlog and FCF conversion.
Butterfly accrual signal of severity 84 shows net income growth of +39.2% against operating cash flow growth of -78.8%, with FCF yield at -1.26%.. Look at the math on SHLS: paying 37.8x trailing P/E for 7.5% ROIC and 11.9% operating margins leaves zero margin of safety if Semiconductors demand softens. I'd wait for a retest of $6.34 before getting long.
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