Shoals Technologies Group (SHLS) Stock Forecast, Price Target & Predictions


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SHLS Stock Forecast


Shoals Technologies Group (SHLS) stock forecast, based on 23 Wall Street analysts, predicts a 12-month average price target of $12.00, with a high of $12.00 and a low of $12.00. This represents a 27.80% increase from the last price of $9.39.

$5 $8 $11 $14 $17 $20 High: $12 Avg: $12 Low: $12 Last Closed Price: $9.39

SHLS Stock Rating


Shoals Technologies Group stock's rating consensus is Buy, based on 23 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 17 Buy (73.91%), 4 Hold (17.39%), 2 Sell (8.70%), and 0 Strong Sell (0.00%).

Buy
Total 23 2 4 17 0 Strong Sell Sell Hold Buy Strong Buy

SHLS Price Target Upside V Benchmarks


TypeNameUpside
StockShoals Technologies Group27.80%
SectorTechnology Stocks 32.58%

Price Target Trends


1M3M12M
# Anlaysts117
Avg Price Target$12.00$12.00$10.50
Last Closing Price$9.39$9.39$9.39
Upside/Downside27.80%27.80%11.82%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jul, 26496-120
Jun, 26496-120
May, 26496--19
Apr, 264107--21
Mar, 264106-121
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 14, 2026Julien Dumoulin-SmithJefferies$12.00$9.4027.66%27.80%
Mar 11, 2026Sean MilliganJefferies$8.00$6.2727.59%-14.80%
Feb 25, 2026Sean MilliganJefferies$10.00$7.2737.55%6.50%
Dec 16, 2025Morgan Stanley$9.50$8.679.57%1.17%
Nov 05, 2025Jon WindhamUBS$12.00$9.2429.87%27.80%
Oct 22, 2025Needham$12.00$10.4814.50%27.80%
Oct 02, 2025Barclays$10.00$7.9326.10%6.50%
Jul 07, 2025Julien Dumoulin-SmithJefferies$7.20$6.1616.88%-23.32%
Nov 15, 2024Andrew PercocoMorgan Stanley$7.00$5.0837.80%-25.45%
Nov 13, 2024Derek SoderbergCantor Fitzgerald$8.00$5.1256.25%-14.80%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jul 22, 2026CitigroupNeutralNeutralhold
Jul 21, 2026Goldman SachsBuyBuyhold
Jul 14, 2026JefferiesBuyBuyhold
Jul 02, 2026Roth CapitalBuyBuyhold
Jun 26, 2026BarclaysOverweightOverweighthold
May 22, 2026GuggenheimBuyBuyhold
May 06, 2026CitigroupNeutralNeutralhold
Feb 25, 2026JefferiesBuyBuyhold
Feb 25, 2026Exane BNP ParibasUnderperformNeutralupgrade
Feb 24, 2026Roth CapitalBuyBuyhold

Financial Forecast


EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$0.02$1.11$0.24$0.14$0.20---
Avg Forecast$0.24$0.31$0.66$0.36$0.43$0.52$0.60$0.60
High Forecast$0.32$0.35$0.68$0.37$0.52$0.69$0.76$0.69
Low Forecast$0.22$0.29$0.64$0.33$0.29$0.36$0.48$0.54
Surprise %-91.67%258.06%-63.64%-61.11%-53.49%---

Revenue Forecast

$150M $260M $370M $480M $590M $700M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$213.21M$326.94M$488.94M$399.21M$475.33M---
Avg Forecast$211.36M$318.33M$490.61M$393.97M$440.14M$501.77M$567.37M$610.61M
High Forecast$258.96M$345.10M$492.22M$395.71M$474.39M$503.01M$569.99M$683.67M
Low Forecast$195.80M$300.00M$489.82M$390.90M$406.24M$500.53M$564.75M$563.49M
Surprise %0.88%2.71%-0.34%1.33%8.00%---

Net Income Forecast

$0 $30M $60M $90M $120M $150M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.35M$127.61M$39.97M$24.13M$33.57M---
Avg Forecast$40.09M$51.29M$108.57M$56.97M$49.92M$68.76M$85.90M$98.21M
High Forecast$51.82M$56.90M$112.65M$60.32M$85.05M$113.65M$125.08M$113.48M
Low Forecast$36.25M$47.45M$104.48M$53.62M$47.43M$58.85M$78.90M$88.36M
Surprise %-94.14%148.81%-63.18%-57.65%-32.75%---

SHLS Forecast FAQ


Is Shoals Technologies Group stock a buy?

Shoals Technologies Group stock has a consensus rating of Buy, based on 23 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 17 Buy, 4 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that Shoals Technologies Group is a favorable investment for most analysts.

What is Shoals Technologies Group's price target?

Shoals Technologies Group's price target, set by 23 Wall Street analysts, averages $12 over the next 12 months. The price target range spans from $12 at the low end to $12 at the high end, suggesting a potential 27.80% change from the previous closing price of $9.39.

How does Shoals Technologies Group stock forecast compare to its benchmarks?

Shoals Technologies Group's stock forecast shows a 27.80% upside, underperforming the average forecast for the technology stocks sector (32.58%).

What is the breakdown of analyst ratings for Shoals Technologies Group over the past three months?

  • July 2026: 20.00% Strong Buy, 45.00% Buy, 30.00% Hold, 0% Sell, 5.00% Strong Sell.
  • June 2026: 20.00% Strong Buy, 45.00% Buy, 30.00% Hold, 0% Sell, 5.00% Strong Sell.
  • May 2026: 21.05% Strong Buy, 47.37% Buy, 31.58% Hold, 0% Sell, 0% Strong Sell.

What is Shoals Technologies Group’s EPS forecast?

Shoals Technologies Group's average annual EPS forecast for its fiscal year ending in December 2026 is $0.52, marking a 160.00% increase from the reported $0.2 in 2025. Estimates for the following years are $0.6 in 2027, and $0.6 in 2028.

What is Shoals Technologies Group’s revenue forecast?

Shoals Technologies Group's average annual revenue forecast for its fiscal year ending in December 2026 is $501.77M, reflecting a 5.56% increase from the reported $475.33M in 2025. The forecast for 2027 is $567.37M, and $610.61M for 2028.

What is Shoals Technologies Group’s net income forecast?

Shoals Technologies Group's net income forecast for the fiscal year ending in December 2026 stands at $68.76M, representing an 104.81% increase from the reported $33.57M in 2025. Projections indicate $85.9M in 2027, and $98.21M in 2028.