Shoals Technologies Group, Inc. (SHLS)
NASDAQ: SHLS · Real-Time Price · USD
10.81
-1.96 (-15.35%)
At close: Jun 5, 2026, 4:00 PM EDT
10.60
-0.21 (-1.94%)
After-hours: Jun 5, 2026, 7:58 PM EDT
Shoals Technologies Group Stock Forecast
Stock Price Forecast
According to 20 analysts polled by S&P Global, Shoals Technologies Group stock has a consensus rating of "Buy" and an average price target of $10.11. The average 1-year stock price forecast is 6.48% lower than the current stock price, while the lowest is $6.50 (-39.87%) and the highest is $14 (+29.51%).
Price Target: $10.11 (-6.48%)
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 10 | 10 | 9 | 9 | 9 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 6 | 6 | 7 | 6 | 6 | 6 |
| Sell | 2 | 1 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 21 | 19 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $9 | Buy | Maintains | $9 | -16.74% | Jun 5, 2026 |
| Mizuho Securities | Mizuho Securities | Hold Maintains $11 | Hold | Maintains | $11 | +1.76% | Jun 2, 2026 |
| TD Cowen | TD Cowen | Buy Reiterates $10 → $14 | Buy | Reiterates | $10 → $14 | +29.51% | May 29, 2026 |
| Guggenheim | Guggenheim | Buy Reiterates $11 → $12 | Buy | Reiterates | $11 → $12 | +11.01% | May 22, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $8.5 → $9 | Hold | Maintains | $8.5 → $9 | -16.74% | May 8, 2026 |
Financial Forecast
Revenue This Year
622.75M
from 475.33M
Increased by 31.01%
Revenue Next Year
678.65M
from 622.75M
Increased by 8.98%
EPS This Year
0.41
from 0.36
Increased by 14.97%
EPS Next Year
0.51
from 0.41
Increased by 22.60%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 638.4M | ||
| Avg | 622.8M | ||
| Low | 588.7M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 34.3% | ||
| Avg | 31.0% | ||
| Low | 23.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 0.41 | ||
| Low | - |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 15.0% | ||
| Low | - |