Shoals Technologies Group, Inc. (SHLS)
NASDAQ: SHLS · Real-Time Price · USD
3.380
+0.080 (2.42%)
Apr 24, 2025, 4:00 PM EDT - Market closed
Shoals Technologies Group Stock Forecast
Stock Price Forecast
The 22 analysts with 12-month price forecasts for Shoals Technologies Group stock have an average target of 9.43, with a low estimate of 3.40 and a high estimate of 46. The average target predicts an increase of 178.99% from the current stock price of 3.38.
Analyst Consensus: Buy
* Price targets were last updated on Mar 12, 2025.
Analyst Ratings
The average analyst rating for Shoals Technologies Group stock from 23 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 6 | 6 | 6 | 6 |
| Buy | 6 | 7 | 8 | 9 | 9 | 9 |
| Hold | 6 | 6 | 6 | 7 | 7 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 21 | 21 | 23 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $4.6 → $3.4 | Hold | Maintains | $4.6 → $3.4 | +0.59% | Mar 12, 2025 |
| UBS | UBS | Strong Buy Maintains $8 → $7 | Strong Buy | Maintains | $8 → $7 | +107.10% | Feb 26, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $8 → $6 | Buy | Maintains | $8 → $6 | +77.51% | Feb 26, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $8 → $7 | Strong Buy | Maintains | $8 → $7 | +107.10% | Feb 26, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $9 → $7 | Buy | Maintains | $9 → $7 | +107.10% | Feb 26, 2025 |
Financial Forecast
Revenue This Year
436.05M
from 399.21M
Increased by 9.23%
Revenue Next Year
487.89M
from 436.05M
Increased by 11.89%
EPS This Year
0.38
from 0.14
Increased by 174.82%
EPS Next Year
0.47
from 0.38
Increased by 22.27%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 466.9M | 535.5M | 632.8M | ||
| Avg | 436.1M | 487.9M | 540.5M | ||
| Low | 395.9M | 386.6M | 394.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 17.0% | 22.8% | 29.7% | ||
| Avg | 9.2% | 11.9% | 10.8% | ||
| Low | -0.8% | -11.3% | -19.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.47 | 0.64 | 0.76 | ||
| Avg | 0.38 | 0.47 | 0.54 | ||
| Low | 0.22 | 0.32 | 0.25 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 237.5% | 66.5% | 60.7% | ||
| Avg | 174.8% | 22.3% | 13.9% | ||
| Low | 54.0% | -15.9% | -45.8% |
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.