Head to Head

SHLS vs TOYO: which is the better buy in 2026?

Shoals Technologies Group, Inc.

NASDAQ:SHLS

82/100 Compass
True NorthAccumulate$1.7B

The picks-and-shovels play on utility-scale solar buildout, finally trading like the business has turned, not the stock.

Full SHLS analysis

TOYO Co., Ltd.

NASDAQ:TOYO

82/100 Compass
True NorthAccumulate$558M

Tariff-arbitrage solar manufacturer trading at 3.6x forward earnings with Ethiopian wafer capacity coming online, but customer concentration is the trap door.

Full TOYO analysis

Factor by factor

FactorSHLSTOYO
Revenue Growth3598
Profitability4060
Valuation6376
Momentum6687
Theme Purity7272
Moat4545
Catalysts8080
Market Position5050

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Frequently asked questions

Is SHLS or TOYO the better buy in 2026?

SHLS and TOYO are neck and neck at 82/100 on the Compass right now. The better fit depends on which factors matter most to you.

How does Alexandria compare SHLS and TOYO?

Each company is scored 1-100 on eight factors: revenue growth, profitability, valuation, momentum, theme purity, moat, catalysts, and market position. The Compass Score is the composite, and the comparison below shows where each name wins factor by factor.

Compass Scores are proprietary editorial research from publicly available data, not investment advice or a recommendation regarding any security. Rankings update weekly.