Shoals Technologies Group, Inc. (SHLS)
NASDAQ: SHLS · Real-Time Price · USD
4.520
-0.070 (-1.53%)
At close: Feb 21, 2025, 4:00 PM
4.500
-0.020 (-0.44%)
After-hours: Feb 21, 2025, 6:30 PM EST
Shoals Technologies Group Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for Shoals Technologies Group stock have an average target of 9.93, with a low estimate of 4.00 and a high estimate of 46. The average target predicts an increase of 119.69% from the current stock price of 4.52.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Shoals Technologies Group stock from 22 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 7 | 7 | 6 | 6 |
| Buy | 6 | 7 | 6 | 7 | 8 | 8 |
| Hold | 4 | 6 | 6 | 6 | 6 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 19 | 20 | 21 | 21 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Feb 18, 2025 |
| Oppenheimer | Oppenheimer | Buy Maintains $11 → $10 | Buy | Maintains | $11 → $10 | +121.24% | Jan 28, 2025 |
| Mizuho | Mizuho | Buy Maintains $7 → $6 | Buy | Maintains | $7 → $6 | +32.74% | Jan 24, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $11 → $10 | Buy | Maintains | $11 → $10 | +121.24% | Jan 23, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $9 → $8 | Strong Buy | Maintains | $9 → $8 | +76.99% | Jan 22, 2025 |
Financial Forecast
Revenue This Year
402.03M
from 488.94M
Decreased by -17.78%
Revenue Next Year
449.32M
from 402.03M
Increased by 11.76%
EPS This Year
0.36
from 0.24
Increased by 48.89%
EPS Next Year
0.43
from 0.36
Increased by 19.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 416.9M | 505.1M | 583.7M | |||
| Avg | 402.0M | 449.3M | 510.2M | |||
| Low | 379.8M | 403.7M | 415.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -14.7% | 25.6% | 29.9% | |||
| Avg | -17.8% | 11.8% | 13.6% | |||
| Low | -22.3% | 0.4% | -7.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 0.40 | 0.55 | 0.69 | |||
| Avg | 0.36 | 0.43 | 0.54 | |||
| Low | 0.25 | 0.27 | 0.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 66.3% | 52.8% | 61.9% | |||
| Avg | 48.9% | 19.8% | 26.8% | |||
| Low | 2.1% | -23.2% | -19.9% |
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.