Shoals Technologies Group, Inc. (SHLS)
NASDAQ: SHLS · Real-Time Price · USD
10.19
+0.57 (5.93%)
Jul 21, 2026, 1:05 PM EDT - Market open
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 $10.84. The average 1-year stock price forecast is 6.38% higher than the current stock price, while the lowest is $6.50 (-36.21%) and the highest is $15 (+47.20%).
Price Target: $10.84 (+6.38%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 9 | 9 | 9 | 9 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 6 | 7 | 6 | 6 | 6 | 6 |
| Sell | 1 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 19 | 20 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $9 | Buy | Maintains | $9 | -11.68% | Jul 18, 2026 |
| Jefferies | Jefferies | Buy Maintains $10 → $12 | Buy | Maintains | $10 → $12 | +17.76% | Jul 14, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $9 | Hold | Maintains | $9 | -11.68% | Jul 10, 2026 |
| Roth MKM | Roth MKM | Buy Reiterates $10 → $15 | Buy | Reiterates | $10 → $15 | +47.20% | Jul 6, 2026 |
| Barclays | Barclays | Buy Maintains $9 → $10 | Buy | Maintains | $9 → $10 | -1.86% | Jun 26, 2026 |
Financial Forecast
Revenue This Year
623.00M
from 475.33M
Increased by 31.07%
Revenue Next Year
678.93M
from 623.00M
Increased by 8.98%
EPS This Year
0.41
from 0.36
Increased by 15.15%
EPS Next Year
0.51
from 0.41
Increased by 23.18%
EPS and Forward PE are based on non-GAAP adjusted numbers.