Fintel reports that on October 1, 2025, UBS maintained coverage of Shoals Technologies Group (NasdaqGM:SHLS) with a Buy recommendation.
Analyst Price Forecast Suggests 4.81% Downside
As of September 30, 2025, the average one-year price target for Shoals Technologies Group is $7.55/share. The forecasts range from a low of $4.04 to a high of $11.55. The average price target represents a decrease of 4.81% from its latest reported closing price of $7.94 / share.
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The projected annual revenue for Shoals Technologies Group is 980MM, an increase of 144.81%. The projected annual non-GAAP EPS is 1.82.
What is the Fund Sentiment?
There are 450 funds or institutions reporting positions in Shoals Technologies Group. This is an increase of 7 owner(s) or 1.58% in the last quarter. Average portfolio weight of all funds dedicated to SHLS is 0.11%, an increase of 3.44%. Total shares owned by institutions increased in the last three months by 5.19% to 203,719K shares. 
The put/call ratio of SHLS is 0.19, indicating a bullish outlook.
What are Other Shareholders Doing?
Wellington Management Group Llp holds 17,404K shares representing 10.40% ownership of the company. In its prior filing, the firm reported owning 21,616K shares , representing a decrease of 24.20%. The firm decreased its portfolio allocation in SHLS by 86.36% over the last quarter.
Encompass Capital Advisors holds 13,205K shares representing 7.89% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.
BNP Paribas Asset Management Holding holds 7,775K shares representing 4.65% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.
Peconic Partners holds 6,975K shares representing 4.17% ownership of the company. In its prior filing, the firm reported owning 3,880K shares , representing an increase of 44.37%. The firm increased its portfolio allocation in SHLS by 44.44% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 5,364K shares representing 3.20% ownership of the company. No change in the last quarter.
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This story originally appeared on Fintel.
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