Jefferies cuts Shoals Technologies stock price target on margin concerns
Entity Intersection Graph
No entity connections available yet for this article.
Original Source
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Bank of America 2026 oil outlook: New price target issued Spot gold prices dip as markets parse mixed signals on Iran and assess U.S. CPI U.S. consumer prices rise by 2.4% year-on-year in February, matching expectations UBS presents 3 oil and gas price scenarios amid Iran conflict 🎯 (South Africa Philippines Nigeria) 🎯 Jefferies cuts Shoals Technologies stock price target on margin concerns By Analyst Ratings Published 03/11/2026, 02:23 PM Jefferies cuts Shoals Technologies stock price target on margin concerns 0 SHLS 0.16% Investing.com - Jefferies lowered its price target on Shoals Technologies Group (NASDAQ:SHLS) to $8.00 from $10.00 while maintaining a Buy rating on the stock. The shares currently trade at $6.27, up over 123% in the past year despite recent volatility. The firm said management is prioritizing market share gains over margins, supported by its facility ramp. This strategic shift is likely driven by an increasing competitive landscape and potential decline in solar deployments after 2030, once the ITC expires. Progress in battery energy storage systems continues to be a potential offset to margin decline, with battery logistics assembly for data centers as an emerging angle in 2027. At the $8.00 price target, Jefferies sees upside of more than 28% from current levels. The firm maintained its Buy rating on Shoals Technologies Group . In other recent news, Shoals Technologies Group reported its fourth-quarter 2025 earnings, which showed a mixed performance. The company missed earnings per share expectations, posting $0.10 against a forecast of $0.13, resulting in a 23.08% negative surprise. However, Shoals exceeded revenue expectations, reporting $148.3 million compared to the forecasted $145.46 million, marking a 1.97% positive surprise. Analysts from Jefferies, UBS, Needham, and TD Cowen have all lowered their price targets for Shoals Technologies, citing concerns over declining gross marg...
Read full article at source