Shoals Technologies Group, Inc. (SHLS)
NASDAQ: SHLS · Real-Time Price · USD
4.880
+0.010 (0.21%)
At close: Jun 26, 2025, 4:00 PM
4.890
+0.010 (0.20%)
After-hours: Jun 26, 2025, 7:54 PM EDT
Shoals Technologies Group Stock Forecast
Stock Price Forecast
The 24 analysts that cover Shoals Technologies Group stock have a consensus rating of "Buy" and an average price target of $9.15, which forecasts a 87.5% increase in the stock price over the next year. The lowest target is $3.4 and the highest is $46.
Price Target: $9.15 (+87.5%)
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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
---|---|---|---|---|---|---|
Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
Buy | 8 | 9 | 9 | 9 | 9 | 9 |
Hold | 6 | 7 | 7 | 7 | 7 | 7 |
Sell | 1 | 1 | 1 | 1 | 2 | 2 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 21 | 23 | 23 | 23 | 24 | 24 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Mizuho | Mizuho | Buy Maintains $6 → $7 | Buy | Maintains | $6 → $7 | +43.44% | Jun 2, 2025 |
Exane BNP Paribas | Exane BNP Paribas | Hold → Sell Downgrades $4.5 → $4 | Hold → Sell | Downgrades | $4.5 → $4 | -18.03% | May 15, 2025 |
Guggenheim | Guggenheim | Strong Buy Maintains $5 → $6 | Strong Buy | Maintains | $5 → $6 | +22.95% | May 9, 2025 |
Goldman Sachs | Goldman Sachs | Strong Buy Maintains $5 → $6 | Strong Buy | Maintains | $5 → $6 | +22.95% | May 7, 2025 |
Citigroup | Citigroup | Hold Maintains $4.5 → $5.5 | Hold | Maintains | $4.5 → $5.5 | +12.70% | May 7, 2025 |
Financial Forecast
Revenue This Year
444.52M
from 399.21M
Increased by 11.35%
Revenue Next Year
495.61M
from 444.52M
Increased by 11.49%
EPS This Year
0.37
from 0.14
Increased by 164.28%
EPS Next Year
0.48
from 0.37
Increased by 28.82%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 471.5M | 549.7M | 632.8M | ||
Avg | 444.5M | 495.6M | 542.7M | ||
Low | 418.5M | 410.9M | 419.4M |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 18.1% | 23.7% | 27.7% | ||
Avg | 11.4% | 11.5% | 9.5% | ||
Low | 4.8% | -7.6% | -15.4% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 0.44 | 0.62 | 0.79 | ||
Avg | 0.37 | 0.48 | 0.55 | ||
Low | 0.23 | 0.32 | 0.32 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 215.0% | 67.4% | 65.2% | ||
Avg | 164.3% | 28.8% | 15.8% | ||
Low | 61.0% | -12.6% | -33.6% |
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.