Latest news with #Shoals'
Yahoo
07-07-2025
- Business
- Yahoo
Why Are Shoals (SHLS) Shares Soaring Today
Shares of solar energy systems company Shoals (NASDAQ:SHLS) jumped 6.7% in the morning session after an analyst at Jefferies upgraded the stock to "Buy" from "Hold" and significantly raised the price target. Jefferies analyst Julian Dumoulin-Smith boosted the price target on the solar energy solutions provider to $7.20 from a previous $4.90. The upgrade was based on the view that certain regulatory restrictions should enhance Shoals' competitive position. After the initial pop the shares cooled down to $6.21, up 3.9% from previous close. Is now the time to buy Shoals? Access our full analysis report here, it's free. Shoals's shares are extremely volatile and have had 58 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Shoals is up 2.6% since the beginning of the year, but at $6.21 per share, it is still trading 12.1% below its 52-week high of $7.06 from July 2024. Investors who bought $1,000 worth of Shoals's shares at the IPO in January 2021 would now be looking at an investment worth $200.30. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Business Upturn
30-06-2025
- Business
- Business Upturn
Shoals Technologies Group, Inc. Announces Battery Energy Storage Systems ('BESS') Webinar
By GlobeNewswire Published on July 1, 2025, 02:30 IST PORTLAND, Tenn., June 30, 2025 (GLOBE NEWSWIRE) — Shoals Technologies Group, Inc. ('Shoals' or the 'Company') (Nasdaq: SHLS), a global leader in electrical balance of systems ('EBOS') solutions for the energy transition market, announced today that it has released a webinar on the subject of Battery Energy Storage Systems ('BESS'), followed by Q&A. The webinar is intended to be educational and informative. Further, it is being provided to allow customers, investors, analysts and other interested parties to learn more about the BESS market landscape, Shoals' BESS solutions, Shoals' paths to market, strategy and competitive position. No financial projections are implied or intended. Featured speakers include Mike Everson, BESS Account Executive, Matt Tractenberg, VP of Finance & Investor Relations, and Lindsey Williams, VP of Marketing & Communications. You can access the recorded webinar, along with the accompanying presentation, through the Investor Relations section of the Company's website at About Shoals Technologies Group, Inc. Shoals Technologies Group is a leading provider of electrical balance of systems ('EBOS') solutions for the energy transition market. Since its founding in 1996, the Company has introduced innovative technologies and systems solutions that allow its customers to substantially increase installation efficiency and safety while improving system performance and reliability. Shoals Technologies Group is a recognized leader in the renewable energy industry. For additional information, please visit: Contacts: Investor Relations: Matt Tractenberg, VP of Finance and Investor Relations Email: [email protected] Media: Lindsey Williams, VP of Marketing and Communications Email: [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
