$SHLS

The Trump administration announced a 15% tariff and minimum import prices for polysilicon derivatives, including silicon wafers, photovoltaic cells, and solar modules, to support the US solar supply chain. Analysts cited by BMO, Citi, Truist, BNP Paribas, and Barclays expect First Solar (FSLR) to benefit, with module prices potentially rising to the low to mid 40 cents per watt. Premarket: FSLR +4%, TAN +3%.

Shoals Technologies Group reported Q2 2026 revenue up 47%, driven by U.S. utility-scale solar demand and BESS. Management cited a record $801 million backlog and over $1 billion in unique project quotes. Full-year 2026 guidance assumes 30% top-line growth at midpoint, with sequential gross margin expansion. Risks include Voltage legal costs in Q3 EBITDA and a $50 million credit facility expansion.

Shoals (NASDAQ: SHLS) reported Q2 CY2026 revenue of $163.4 million, up 47.4% year on year and slightly above analysts’ $160 million estimate. Adjusted EPS was $0.12, above the $0.10 consensus. Backlog rose to $801.4 million (+19% YoY). The company reconfirmed full-year revenue guidance of $620 million and EBITDA guidance of $125 million at the midpoint.

Shoals Technologies Group Inc. (SHLS) reported Q2 net income of $12.1 million, or 7 cents per share. Adjusted earnings were 12 cents per share versus a Zacks/Wall Street estimate of 10 cents. Revenue rose to $163.4 million, above the $157.9 million forecast. For Q3, it expects $150 million to $170 million revenue, and full-year $600 million to $640 million.

Shoals (NASDAQ:SHLS) reported Q2 CY2026 results. Revenue rose 47.4% year on year to $163.4 million, topping market expectations by 2.1%. Non-GAAP EPS was $0.12, 20.3% above consensus. The company guided next-quarter revenue near $160 million and cited a $801.4 million backlog and awarded orders.

Shoals Technologies (SHLS) shares fell 8.7% in pre-open after the company reported Q2 2026 results. EPS was 12 cents versus a 10-cent consensus. Analysts cut price targets, citing margin pressure and tougher competition. Shoals also announced an MoU with TerraFlow Energy to supply power distribution solutions for up to 5 GW annual deployment, but it did not offset the earnings reaction.

Shoals Technologies Group, Inc. (SHLS) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 exhibit991earningsrelease2.htm EX-99.1 Document Exhibit 99.1 Shoals Technologies Group, Inc. Reports Financial Results for Second Quarter 2026 – Quarterly Revenue of $163.4 million – – Income from Operations of $18.7 million – – Net Income of $12.1 million – – Adjusted

Shoals (NASDAQ: SHLS), a solar energy systems company, is set to report Q2 earnings Tuesday before market open. The article cites last quarter’s revenue of $140.6 million, up 74.9% year on year, and notes guidance and analyst estimate expectations for Q2 revenue growth of 44.3% y/y. It also lists an average analyst price target of $11.05 versus $8.85.

Shoals (SHLS) shares rose about 6.5% after JPMorgan raised its price target to $13 from $10 and kept an Overweight rating, citing improved order and pipeline momentum ahead of a clean energy group earnings preview. The article notes SHLS’s high volatility and that it remains below its 52-week high.

Shoals (SHLS) shares rose about 2.8% in the afternoon to around $11.25 after Jefferies raised its price target to $12 from $10 and kept a Buy rating. Jefferies cited a favorable Q2 setup, including backlog conversion, and progress in battery storage and data center end markets. The solar sector also got support from construction news for a large Arkansas project.