Shoals Technologies Group, Inc. (SHLS)
NASDAQ: SHLS · Real-Time Price · USD
5.19
+0.60 (13.07%)
At close: Aug 15, 2025, 4:00 PM
5.12
-0.07 (-1.35%)
After-hours: Aug 15, 2025, 7:48 PM EDT
Shoals Technologies Group Stock Forecast
Stock Price Forecast
The 21 analysts that cover Shoals Technologies Group stock have a consensus rating of "Buy" and an average price target of $9.34, which forecasts a 79.96% increase in the stock price over the next year. The lowest target is $4.00 and the highest is $46.
Price Target: $9.34 (+79.96%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Shoals Technologies Group stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 7 | 7 |
| Buy | 9 | 9 | 9 | 9 | 9 | 8 |
| Hold | 7 | 7 | 7 | 7 | 6 | 6 |
| Sell | 1 | 1 | 2 | 2 | 2 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 23 | 24 | 24 | 24 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $7.5 → $7 | Strong Buy | Maintains | $7.5 → $7 | +34.87% | Aug 6, 2025 |
| Guggenheim | Guggenheim | Strong Buy Maintains $6 → $8 | Strong Buy | Maintains | $6 → $8 | +54.14% | Aug 6, 2025 |
| Barclays | Barclays | Hold Maintains $4 → $7 | Hold | Maintains | $4 → $7 | +34.87% | Jul 18, 2025 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $4.9 → $7.2 | Hold → Strong Buy | Upgrades | $4.9 → $7.2 | +38.73% | Jul 7, 2025 |
| Mizuho | Mizuho | Buy Maintains $6 → $7 | Buy | Maintains | $6 → $7 | +34.87% | Jun 2, 2025 |
Financial Forecast
Revenue This Year
445.06M
from 399.21M
Increased by 11.49%
Revenue Next Year
497.16M
from 445.06M
Increased by 11.71%
EPS This Year
0.37
from 0.14
Increased by 164.66%
EPS Next Year
0.48
from 0.37
Increased by 29.25%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 471.5M | 558.0M | 643.6M | ||
| Avg | 445.1M | 497.2M | 554.5M | ||
| Low | 418.5M | 410.9M | 437.4M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 18.1% | 25.4% | 29.4% | ||
| Avg | 11.5% | 11.7% | 11.5% | ||
| Low | 4.8% | -7.7% | -12.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.44 | 0.65 | 0.79 | ||
| Avg | 0.37 | 0.48 | 0.56 | ||
| Low | 0.23 | 0.32 | 0.32 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 215.0% | 75.7% | 64.4% | ||
| Avg | 164.7% | 29.2% | 16.7% | ||
| Low | 61.0% | -12.7% | -33.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.