Shoals Technologies Group announces a new patent for its Big Lead Assembly, enhancing its solar project solutions.
Quiver AI Summary
Shoals Technologies Group, a leader in electrical balance of system solutions for the energy transition market, announced the issuance of a new U.S. patent (the '295 patent) that enhances its Big Lead Assembly (BLA) intellectual property portfolio. This patent covers a plug-and-play wiring solution that streamlines solar project installations by eliminating traditional combiner boxes, ultimately reducing labor costs and installation time. The company will include this patent in its ongoing lawsuit against Voltage, LLC, to address alleged infringement. CEO Brandon Moss emphasized the importance of this patent for safeguarding their BLA technology and reinforcing Shoals’ position in the U.S. solar market. The company remains committed to manufacturing high-quality solutions in America and promoting integrity within the solar supply chain as demand for domestic energy resources increases.
Potential Positives
- Issuance of the ‘295 patent enhances Shoals' intellectual property portfolio, reinforcing its market position in energy infrastructure innovation.
- The patent protects Shoals' BLA technology, providing a competitive advantage by reducing installation time and labor costs for solar projects.
- By defending its intellectual property, Shoals ensures fair market dynamics, which can enhance customer trust in its solutions.
- The announcement underscores Shoals' commitment to American manufacturing and leadership in the solar market as demand for energy resources increases.
Potential Negatives
- The ongoing lawsuit against Voltage, LLC concerning the infringement of the newly issued ‘295 patent may indicate potential vulnerability in Shoals' intellectual property protection, raising concerns about its competitive edge in the market.
- The necessity for litigation to defend intellectual property could suggest weaknesses in the company's ability to secure and establish its innovations without resorting to legal action.
- Highlighting the need to protect against infringement may cast doubt on the overall robustness and market differentiation of Shoals’ core technology, which could impact investor confidence.
FAQ
What is the significance of Shoals' new patent issued on September 11, 2025?
The new patent strengthens Shoals' Big Lead Assembly technology, enhancing its leadership in energy infrastructure innovation.
How does the Big Lead Assembly technology benefit solar projects?
This technology eliminates traditional combiner boxes, reducing installation time and labor costs while ensuring long-term performance.
What action is Shoals taking regarding patent infringement?
Shoals has added the new patent to its ongoing lawsuit against Voltage, LLC for infringing the '295 patent.
Why is protecting intellectual property important for Shoals?
Protecting intellectual property encourages innovation and ensures customers receive authentic, high-performance energy solutions.
How does Shoals support American manufacturing in the energy sector?
Shoals is committed to advancing U.S.-manufactured solutions to meet the growing demand for reliable energy resources.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SHLS Hedge Fund Activity
We have seen 115 institutional investors add shares of $SHLS stock to their portfolio, and 152 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ENCOMPASS CAPITAL ADVISORS LLC added 13,204,602 shares (+inf%) to their portfolio in Q2 2025, for an estimated $56,119,558
- BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. added 7,775,099 shares (+inf%) to their portfolio in Q2 2025, for an estimated $33,044,170
- POINT72 ASSET MANAGEMENT, L.P. removed 7,708,730 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $32,762,102
- WELLINGTON MANAGEMENT GROUP LLP removed 4,212,028 shares (-19.5%) from their portfolio in Q2 2025, for an estimated $17,901,119
- IMPAX ASSET MANAGEMENT GROUP PLC removed 3,469,360 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $11,518,275
- CENTERBOOK PARTNERS LP removed 3,110,375 shares (-82.7%) from their portfolio in Q2 2025, for an estimated $13,219,093
- PECONIC PARTNERS LLC added 3,095,186 shares (+79.8%) to their portfolio in Q2 2025, for an estimated $13,154,540
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$SHLS Analyst Ratings
Wall Street analysts have issued reports on $SHLS in the last several months. We have seen 5 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Jefferies issued a "Buy" rating on 09/08/2025
- Guggenheim issued a "Buy" rating on 08/06/2025
- UBS issued a "Buy" rating on 08/06/2025
- Mizuho issued a "Outperform" rating on 06/02/2025
- Exane BNP Paribas issued a "Underperform" rating on 05/15/2025
- Goldman Sachs issued a "Buy" rating on 05/07/2025
To track analyst ratings and price targets for $SHLS, check out Quiver Quantitative's $SHLS forecast page.
$SHLS Price Targets
Multiple analysts have issued price targets for $SHLS recently. We have seen 8 analysts offer price targets for $SHLS in the last 6 months, with a median target of $7.0.
Here are some recent targets:
- Julien Dumoulin-Smith from Jefferies set a target price of $9.0 on 09/08/2025
- Jon Windham from UBS set a target price of $7.0 on 08/06/2025
- Joseph Osha from Guggenheim set a target price of $8.0 on 08/06/2025
- Christine Cho from Barclays set a target price of $7.0 on 07/18/2025
- Maheep Mandloi from Mizuho set a target price of $7.0 on 06/02/2025
- Moses Sutton from Exane BNP Paribas set a target price of $4.0 on 05/15/2025
- Brian Lee from Goldman Sachs set a target price of $6.0 on 05/07/2025
Full Release
PORTLAND, Tenn., Sept. 11, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Shoals) (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announced today the issuance of its new U.S. patent (the ‘295 patent) that expands its Big Lead Assembly (BLA) intellectual property portfolio and further solidifies its leadership in American energy infrastructure innovation.
The ‘295 patent adds yet another patent to those already protecting Shoals’ BLA, a plug-and-play wiring solution that eliminates traditional combiner boxes, significantly reduces installation time and labor costs, and enables long-term performance on solar projects. Shoals has moved to add the newly issued Patent to its pending lawsuit against Voltage, LLC in the U.S. District Court for the Middle District of North Carolina to protect against Voltage’s infringement of the ‘295 patent. By securing and defending its intellectual property, Shoals ensures that innovation is rewarded and that customers benefit from authentic, high-performance solutions.
“This newly issued patent is a testament to our relentless pursuit of innovation and our deep-rooted commitment to American manufacturing excellence,” said Brandon Moss, CEO of Shoals Technologies Group. “It not only safeguards our proprietary BLA technology but also reinforces our leadership in the U.S. solar market. By protecting our intellectual property, we’re ensuring fair market dynamics so customers can trust the quality of the solutions they deploy on energy projects.”
As the demand for American energy resources accelerates, Shoals remains resolute in advancing high-quality, U.S. manufactured solutions. With a focus on reliability, innovation, and long-term value, Shoals continues to advocate for integrity in the solar supply chain, ensuring that domestic manufacturers are empowered to lead the energy transition.
About Shoals Technologies Group, Inc.
Shoals Technologies Group is a leading provider of electrical balance of systems (EBOS) solutions for the energy transition market. Since its founding in 1996, the Company has introduced innovative technologies and systems solutions that allow its customers to substantially increase installation efficiency and safety while improving system performance and reliability. Shoals Technologies Group is a recognized leader in the renewable energy industry. For additional information, please visit: https://www.shoals.com.
Forward Looking Statement:
This press release contains forward-looking statements. These statements are not historical facts but rather are based on the Company’s current expectations and projections regarding its business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those in the Company’s Annual Report on Form 10-K. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. The Company does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise.
For media inquiries, please contact:
Public Relations
Lindsey Williams, VP of Marketing and External Communications
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Investor Relations
Matt Tractenberg, VP of Finance and Investor Relations
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