Shoals Technologies Group, Inc. (SHLS)
NASDAQ: SHLS · Real-Time Price · USD
7.20
-0.35 (-4.64%)
At close: Oct 30, 2026, 4:00 PM EDT
7.23
+0.03 (0.40%)
After-hours: Oct 30, 2026, 7:44 PM EDT
Shoals Technologies Group Stock Forecast
Stock Price Forecast
According to 19 analysts polled by S&P Global, Shoals Technologies Group stock has a consensus rating of "Buy" and an average price target of $11.06. The average 1-year stock price forecast is 53.61% higher than the current stock price, while the lowest is $6.50 (-9.72%) and the highest is $15 (+108.33%).
Price Target: $11.06 (+53.61%)
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 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 9 | 9 | 8 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 6 | 6 | 6 | 6 | 6 | 6 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 20 | 20 | 20 | 20 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Buy Reiterates $13 → $12 | Buy | Reiterates | $13 → $12 | +66.67% | Oct 19, 2026 |
| Mizuho Securities | Mizuho Securities | Hold Maintains $11 → $10 | Hold | Maintains | $11 → $10 | +38.89% | Oct 16, 2026 |
| Jefferies | Jefferies | Buy Maintains $12 → $11 | Buy | Maintains | $12 → $11 | +52.78% | Oct 14, 2026 |
| Guggenheim | Guggenheim | Buy Maintains $12 | Buy | Maintains | $12 | +66.67% | Oct 9, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $10 | Buy | Maintains | $10 | +38.89% | Oct 9, 2026 |
Financial Forecast
Revenue This Year
626.35M
from 475.33M
Increased by 31.77%
Revenue Next Year
702.97M
from 626.35M
Increased by 12.23%
EPS This Year
0.44
from 0.36
Increased by 21.86%
EPS Next Year
0.55
from 0.44
Increased by 25.77%
EPS and Forward PE are based on non-GAAP adjusted numbers.