Shoals Technologies Group (SHLS) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.12
- Estimate
- $0.10
- Surprise
- +20.3%
- Revenue (period 2026-06-30)
- $163.4M
- Score today
- 5.5/10
Revenue source: xbrl.
How the report landed
Shoals Technologies Group (SHLS) beat the $0.10 estimate with diluted EPS of $0.12 — a large 20.3% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates SHLS Sell at 5.5/10; no pre/post engine snapshot brackets this report.
2 of the last 4 quarters beat the estimate; this quarter's +20.3% surprise compares with a -0.5% four-quarter average. Next scheduled report: 2026-11-03.
What supports the rating
- Attractive valuation
- Analyst upside: 45%
What argues against it
- Concentration risk — Geographic: Tennessee manufacturing facilities
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.0)
- Sector modifier (Technology): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $7.03
- Price target
- $10.18
- Stop
- $6.54
- Upside to target
- +44.8%
- Reward-to-risk
- 3.7:1
The stock trades at 35.1× trailing but 12.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
SHLS at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Solar
- Market cap
- $1.18B
- P/E (fwd)
- 12.8
- P/E (ttm)
- 35.1
- 52-week range
- $5.43–$13.18
- Off 52-week high
- 46.7%
- RSI (14)
- 32
- Volume vs avg
- 0.84×
- Score today
- 5.5/10