Why These 15 Semiconductor Stocks Have Been Plunging So Far in 2025

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4. Shoals Technologies Group Inc (NASDAQ:SHLS)

Number of Hedge Fund Holders In Q4 2024: 31

Shoals Technologies Group Inc (NASDAQ:SHLS) provides electrical balance of system (EBOS) solutions and components.

The stock is down significantly so far in 2025, as Shoals projected first-quarter revenue of $70 million to $80 million. This came in significantly below the $109 million consensus.

Furthermore, Shoals reported Q4 2024 EPS of $0.08 and missed analyst expectations of $0.09. Revenue for the quarter was $107 million, down 18% from the prior-year quarter. Gross profit margins also fell to 37.6% from 42.5%.

Plus, the U.S. International Trade Commission reversed an earlier ruling in Shoals’ favor regarding a patent infringement case against Voltage LLC.

The consensus price target of $8.95 implies 209.69% upside.

SHLS stock is down 46.56% year-to-date.

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