Shoals Technologies Group, Inc. (SHLS)
NASDAQ: SHLS · Real-Time Price · USD
8.84
+0.30 (3.51%)
At close: Oct 8, 2025, 4:00 PM EDT
8.85
+0.01 (0.11%)
After-hours: Oct 8, 2025, 7:25 PM EDT
Shoals Technologies Group Stock Forecast
Stock Price Forecast
The 19 analysts that cover Shoals Technologies Group stock have a consensus rating of "Buy" and an average price target of $9.74, which forecasts a 10.18% increase in the stock price over the next year. The lowest target is $4.00 and the highest is $46.
Price Target: $9.74 (+10.18%)
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 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 6 | 6 | 6 |
| Buy | 9 | 9 | 9 | 9 | 7 | 8 |
| Hold | 7 | 7 | 6 | 6 | 6 | 5 |
| Sell | 2 | 2 | 2 | 2 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 23 | 23 | 23 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold → Buy Upgrades $7 → $10 | Hold → Buy | Upgrades | $7 → $10 | +13.12% | Oct 2, 2025 |
| UBS | UBS | Strong Buy Maintains $7 → $9 | Strong Buy | Maintains | $7 → $9 | +1.81% | Oct 1, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $8 → $9 | Buy | Maintains | $8 → $9 | +1.81% | Sep 19, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $7 → $8 | Strong Buy | Maintains | $7 → $8 | -9.50% | Sep 11, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $6 → $9 | Strong Buy | Maintains | $6 → $9 | +1.81% | Sep 8, 2025 |
Financial Forecast
Revenue This Year
471.63M
from 399.21M
Increased by 18.14%
Revenue Next Year
540.00M
from 471.63M
Increased by 14.50%
EPS This Year
0.41
from 0.14
Increased by 189.67%
EPS Next Year
0.50
from 0.41
Increased by 22.21%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 496.1M | 630.4M | |||
| Avg | 471.6M | 540.0M | |||
| Low | 449.6M | 429.2M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 24.3% | 33.7% | |||
| Avg | 18.1% | 14.5% | |||
| Low | 12.6% | -9.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.47 | 0.67 | |||
| Avg | 0.41 | 0.50 | |||
| Low | 0.30 | 0.29 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 237.5% | 65.7% | |||
| Avg | 189.7% | 22.2% | |||
| Low | 117.0% | -27.5% |
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.