Shoals Technologies Group, Inc. (SHLS) Stock Forecast
Data as of Jun 16, 2026Energy · Current price $10.04 (-2.57%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Mar 11, 2026 | Sean Milligan | Jefferies | $8.00 | -20.3% |
| Feb 25, 2026 | Sean Milligan | Jefferies | $10.00 | -0.3% |
| Nov 5, 2025 | Jon Windham | UBS | $12.00 | +19.6% |
| Jul 7, 2025 | Julien Dumoulin-Smith | Jefferies | $7.20 | -28.3% |
| Nov 15, 2024 | Andrew Percoco | Morgan Stanley | $7.00 | -30.2% |
| Nov 13, 2024 | Derek Soderberg | Cantor Fitzgerald | $8.00 | -20.3% |
| Nov 12, 2024 | Christine Cho | Barclays | $5.00 | -50.2% |
| Oct 18, 2024 | Christopher Dendrinos | RBC Capital | $9.00 | -10.3% |
| Oct 3, 2024 | Vikram Bagri | Citigroup | $5.50 | -45.2% |
| Sep 10, 2024 | Kashy Harrison | Piper Sandler | $10.00 | -0.3% |
| Sep 6, 2024 | Jordan Levy | Truist Financial | $8.00 | -20.3% |
| Sep 3, 2024 | Julian Dumoulin-Smith | Jefferies | $5.00 | -50.2% |
| Sep 3, 2024 | Colin Rusch | Oppenheimer | $12.00 | +19.6% |
| Aug 8, 2024 | Christine Cho | Barclays | $7.00 | -30.2% |
| Apr 11, 2024 | Kashy Harrison | Piper Sandler | $14.00 | +39.5% |
| Jan 22, 2024 | Christine Cho | Barclays | $15.00 | +49.5% |
| Oct 6, 2023 | Kashy Harrison | Piper Sandler | $28.00 | +179.0% |
| Sep 7, 2022 | Brian Lee | Goldman Sachs | $21.00 | +109.3% |
| Jun 9, 2022 | Bronson Fleig | Truist Financial | $25.00 | +149.1% |
| Nov 10, 2021 | Philip Shen | Roth Capital | $37.00 | +268.7% |
Top Analysts Covering SHLS
SHLS vs Sector & Market
| Metric | SHLS | Energy Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.31 | 2.53 | 2.40 |
| Analyst Count | 16 | 10 | 19 |
| Target Upside | -16.9% | +49.9% | +17.1% |
| P/E Ratio | 50.48 | 32.86 | 31.64 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $577M | $586M | $594M | 14 |
| 2027-12-31 | $642M | $650M | $660M | 14 |
| 2028-03-31 | $158M | $165M | $178M | 3 |
| 2028-06-30 | $173M | $180M | $195M | 3 |
| 2028-09-30 | $198M | $207M | $223M | 5 |
| 2028-12-31 | $199M | $207M | $224M | 3 |
| 2029-03-31 | $170M | $177M | $191M | 4 |
| 2029-06-30 | $195M | $203M | $220M | 4 |
| 2029-09-30 | $228M | $237M | $256M | 7 |
| 2029-12-31 | $232M | $241M | $261M | 4 |
| 2030-12-31 | $733M | $756M | $783M | 6 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $0.32 | $0.40 | $0.47 | 11 |
| 2027-12-31 | $0.39 | $0.51 | $0.63 | 11 |
| 2028-03-31 | $0.12 | $0.12 | $0.14 | 5 |
| 2028-06-30 | $0.14 | $0.14 | $0.16 | 5 |
| 2028-09-30 | $0.17 | $0.17 | $0.19 | 5 |
| 2028-12-31 | $0.18 | $0.19 | $0.21 | 5 |
| 2029-03-31 | $0.10 | $0.11 | $0.12 | 4 |
| 2029-06-30 | $0.13 | $0.14 | $0.15 | 4 |
| 2029-09-30 | $0.16 | $0.17 | $0.19 | 4 |
| 2029-12-31 | $0.17 | $0.18 | $0.20 | 4 |
| 2030-12-31 | $0.63 | $0.65 | $0.68 | 2 |
Frequently Asked Questions
What is the analyst consensus for SHLS?
The consensus among 16 analysts covering Shoals Technologies Group, Inc. (SHLS) is Buy with an average price target of $8.75.
What is the highest price target for SHLS?
The highest price target for SHLS is $37.00, set by Philip Shen at Roth Capital on 2021-11-10.
What is the lowest price target for SHLS?
The lowest price target for SHLS is $5.00, set by Julian Dumoulin-Smith at Jefferies on 2024-09-03.
How many analysts cover SHLS?
16 analysts have issued ratings for Shoals Technologies Group, Inc. in the past 12 months.
Is SHLS a buy or sell right now?
Based on 16 analyst ratings, SHLS has a consensus rating of Buy (2.31/5) with a -16.9% upside to the consensus target of $8.75.
What are the earnings estimates for SHLS?
Analysts estimate SHLS will report EPS of $0.40 for the period ending 2026-12-31, with revenue estimated at $586M.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.