Shoals Technologies Group and ON.energy to Deploy Critical-Power Systems for Leading AI Data-Center Operator
Shoals Technologies Group, Inc. - Class A (SHLS)
Company Research
Source: GlobeNewswire
PORTLAND, Tenn., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”) (NASDAQ: SHLS), a global leader in electrical infrastructure solutions for the energy transition market, and ON.energy, a developer of custom grid-safe power architecture, today announced an agreement to deploy multiple gigawatts of critical power systems into the AI data center market. AI and cloud workloads are accelerating data center growth and raising the bar for power reliability, build speed, and operational continuity. This agreement brings together two U.S. innovators with complementary strengths in power architecture and execution. “AI data centers don’t just need more power. They need a power architecture that’s predictable under stress, fast to deploy, and designed to interact with the grid,” said Alan Cooper, CEO of ON.energy. “By pairing our medium-voltage AI UPS™ platform with Shoals’ DC Recombiner, we’re delivering a simpler, more scalable path to resilient backup power,
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SHLS
News
- Shoals Technologies Group (SHLS) was downgraded by <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=SHLS&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> frMarketBeat
- Shoals Technologies Group (SHLS) had its price target lowered by Citigroup Inc. from $11.00 to $8.50. They now have a "neutral" rating on the stock.MarketBeat
- Shoals Technologies Group (SHLS) had its price target lowered by UBS Group AG from $12.00 to $11.00. They now have a "buy" rating on the stock.MarketBeat
- Shoals Technologies Group (SHLS) had its "buy" rating reaffirmed by Jefferies Financial Group Inc..MarketBeat
- Shoals Technologies Group (SHLS) had its price target lowered by Barclays PLC from $10.00 to $9.00. They now have an "overweight" rating on the stock.MarketBeat
SHLS
Earnings
- 2/24/26 - Miss
SHLS
Sec Filings
- 2/26/26 - Form S-8
- 2/24/26 - Form 8-K/A
- 2/24/26 - Form 10-K
- SHLS's page on the SEC website