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
Target Low Average Median High
Price $3.40 $9.15 $7.00 $46
Change -30.33% +87.50% +43.44% +842.62%

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 '25Feb '25Mar '25Apr '25May '25Jun '25
Strong Buy 666666
Buy 899999
Hold 677777
Sell 111122
Strong Sell 000000
Total 212323232424

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
Sell
Downgrades
$4.5$4
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
More Analyst Ratings

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%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
175.52M213.21M326.94M488.94M399.21M444.52M495.61M542.67M
Revenue Growth
21.47%21.48%53.34%49.55%-18.35%11.35%11.49%9.50%
EPS
0.21-0.000.850.240.140.370.480.55
EPS Growth
34.30%---71.87%-41.67%164.28%28.82%15.79%
Forward PE
-----13.1910.248.84
No. Analysts
-----222215
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
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 20252026202720282029
High
18.1%
23.7%
27.7%
Avg
11.4%
11.5%
9.5%
Low
4.8%
-7.6%
-15.4%

EPS Forecast

EPS 20252026202720282029
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 20252026202720282029
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.