Shoals Technologies Group, Inc. (SHLS)
NASDAQ: SHLS · Real-Time Price · USD
6.35
-0.50 (-7.30%)
At close: Feb 26, 2026, 4:00 PM EST
6.39
+0.04 (0.63%)
After-hours: Feb 26, 2026, 7:07 PM EST
Shoals Technologies Group Stock Forecast
Stock Price Forecast
The 14 analysts that cover Shoals Technologies Group stock have a consensus rating of "Buy" and an average price target of $9.29, which forecasts a 46.30% increase in the stock price over the next year. The lowest target is $4.00 and the highest is $12.
Price Target: $9.29 (+46.30%)
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 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 7 | 8 | 7 | 7 | 6 |
| Buy | 7 | 8 | 8 | 7 | 7 | 4 |
| Hold | 6 | 4 | 4 | 4 | 4 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 20 | 21 | 19 | 19 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $11 → $8.5 | Hold | Maintains | $11 → $8.5 | +33.86% | Feb 26, 2026 |
| UBS | UBS | Strong Buy Maintains $12 → $11 | Strong Buy | Maintains | $12 → $11 | +73.23% | Feb 25, 2026 |
| Barclays | Barclays | Buy Maintains $10 → $9 | Buy | Maintains | $10 → $9 | +41.73% | Feb 25, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $10 → $9 | Buy | Maintains | $10 → $9 | +41.73% | Feb 25, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $9.5 → $8.5 | Hold | Maintains | $9.5 → $8.5 | +33.86% | Feb 25, 2026 |
Financial Forecast
Revenue This Year
571.39M
from 475.33M
Increased by 20.21%
Revenue Next Year
634.89M
from 571.39M
Increased by 11.11%
EPS This Year
0.51
from 0.20
Increased by 154.70%
EPS Next Year
0.61
from 0.51
Increased by 19.88%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 630.4M | 726.5M | |||
| Avg | 571.4M | 634.9M | |||
| Low | 479.2M | 493.9M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 32.6% | 27.1% | |||
| Avg | 20.2% | 11.1% | |||
| Low | 0.8% | -13.6% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 0.67 | 0.89 | |||
| Avg | 0.51 | 0.61 | |||
| Low | 0.39 | 0.36 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 236.0% | 75.2% | |||
| Avg | 154.7% | 19.9% | |||
| Low | 96.0% | -28.8% |
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.