SHLS
Q3 2026 EPS Estimate
$0.10
Aug 4, 2026 · Reports before open
Revenue Estimate
$159M
FY2026E EPS$0.41
FY2027E EPS$0.51

Analyst Sentiment

Wall St. Consensus
Buy
23 analysts·High coverage
66
Score
17 Buy (74%)4 Hold (17%)2 Sell (9%)
Rating Breakdown
Strong Buy
00%
Buy
1774%
Hold
417%
Sell
29%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Bear
$8.00
-19.6%
Consensus
$8.00
-19.6%
Bull
$8.00
-19.6%
12-Month Target Range23 analysts
$8.00$8.00$8.00
Current $9.95Consensus
Current Price
$9.95
Above Consensus
$1.95

Price targets are 12-month analyst forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Forward Growth Estimates (YoY)
FY2027
Rev+9.12%
EPS+25.71%
FY2028
Rev+11.20%
EPS+16.05%
FY2029
Rev+9.54%
EPS+17.33%
Raw consensus estimates (low / average / high) from covering analysts.
Annual
MetricFY2026EFY2027EFY2028EFY2029EFY2030E
Revenue Avg$625M$682M$758M$830M$782M
Low$616M$656M$756M$786M$740M
High$639M$735M$760M$876M$824M
EBITDA Avg$147M$160M$178M$195M$183M
Low$145M$154M$178M$184M$174M
High$150M$172M$178M$206M$193M
EBIT Avg$128M$139M$155M$170M$160M
Low$126M$134M$155M$161M$151M
High$131M$150M$155M$179M$169M
Net Income Avg$71M$70M$86M$118M$102M
Low$53M$63M$70M$110M$95M
High$89M$112M$120M$126M$109M
EPS Avg$0.41$0.51$0.60$0.70$0.60
Low$0.31$0.37$0.41$0.65$0.56
High$0.53$0.67$0.71$0.75$0.65
Analysts (Rev / EPS)13 / 1114 / 1114 / 79 / 213 / 5
Quarterly
MetricQ3 2026Q4 2026Q1 2027Q2 2027Q3 2027Q4 2027Q1 2028Q2 2028
Revenue Avg$160M$164M$155M$168M$176M$184M$173M$185M
Low$155M$156M$148M$159M$168M$175M$165M$176M
High$164M$173M$164M$177M$186M$194M$183M$195M
EBITDA Avg$38M$38M$36M$39M$41M$43M$41M$43M
Low$36M$37M$35M$37M$39M$41M$39M$41M
High$38M$41M$38M$41M$44M$45M$43M$46M
EBIT Avg$33M$34M$32M$34M$36M$38M$35M$38M
Low$32M$32M$30M$33M$34M$36M$34M$36M
High$33M$35M$33M$36M$38M$40M$37M$40M
Net Income Avg$20M$22M$16M$20M$23M$25M$18M$23M
Low$16M$20M$15M$19M$22M$24M$17M$21M
High$21M$23M$17M$22M$25M$27M$19M$24M
EPS Avg$0.12$0.13$0.10$0.12$0.14$0.15$0.11$0.14
Low$0.10$0.12$0.09$0.11$0.13$0.14$0.10$0.13
High$0.13$0.14$0.10$0.13$0.15$0.16$0.11$0.14
Analysts (Rev / EPS)9 / 108 / 44 / 44 / 45 / 44 / 43 / 53 / 5

Earnings Surprises

Recent Analyst Actions

Mar 11, 2026Jefferies
Shoals Technologies Group (SHLS) PT Lowered to $8 at Jefferies
Target:$8.00
+27.6%from $6.27
Feb 25, 2026Jefferies
Shoals Technologies Group (SHLS) PT Lowered to $10 at Jefferies
Target:$10.00
+37.6%from $7.27
Dec 16, 2025Morgan Stanley
Shoals downgraded to Equal Weight from Overweight at Morgan Stanley
Target:$9.50
+9.6%from $8.66
Nov 5, 2025UBS
Shoals Technologies Group (SHLS) PT Raised to $12 at UBS
Target:$12.00
+29.9%from $9.24
Oct 22, 2025Needham
Shoals Technologies initiated with a Buy at Needham
Target:$12.00
+14.5%from $10.48
Oct 2, 2025Barclays
Shoals Technologies upgraded to Overweight from Equal Weight at Barclays
Target:$10.00
+26.1%from $7.93
Jul 7, 2025Jefferies
Shoals Technologies upgraded to Buy from Hold at Jefferies
Target:$7.20
+17.0%from $6.16
Nov 15, 2024Morgan Stanley
Shoals Technologies price target lowered to $7 from $8 at Morgan Stanley
Target:$7.00
+37.9%from $5.08
Nov 13, 2024Cantor Fitzgerald
Shoals Technologies Group (SHLS) PT Lowered to $8 at Cantor Fitzgerald
Target:$8.00
+56.3%from $5.12
Nov 12, 2024Barclays
Shoals Technologies Group (SHLS) PT Lowered to $5 at Barclays
Target:$5.00
-17.4%from $6.05
Oct 18, 2024RBC Capital
Shoals Technologies price target lowered to $9 from $11 at RBC Capital
Target:$9.00
+82.2%from $4.94
Oct 3, 2024Citigroup
Citi Upgrades Shoals Technologies Group (SHLS) to Neutral Citing Balanced Risk/Reward Given Valuation
Target:$5.50
+7.0%from $5.14
Sep 10, 2024Piper Sandler
Shoals Technologies Group (SHLS) PT Raised to $10 at Piper Sandler
Target:$10.00
+77.0%from $5.65
Sep 6, 2024Truist Financial
Shoals Technologies Group (SHLS) PT Lowered to $8 at Truist Securities
Target:$8.00
+46.0%from $5.48
Sep 3, 2024Jefferies
Jefferies Starts Shoals Technologies Group (SHLS) at Hold
Target:$5.00
-19.7%from $6.23
Sep 3, 2024Oppenheimer
Oppenheimer Reiterates Outperform Rating on Shoals Technologies Group (SHLS)
Target:$12.00
+91.5%from $6.26
Aug 8, 2024Barclays
Shoals Technologies price target lowered to $7 from $10 at Barclays
Target:$7.00
+35.9%from $5.15
Apr 11, 2024Piper Sandler
Shoals Technologies Group (SHLS) PT Lowered to $14 at Piper Sandler
Target:$14.00
+38.5%from $10.11
Jan 22, 2024Barclays
Barclays Upgrades Shoals Technologies Group (SHLS) to Equalweight
Target:$15.00
+8.1%from $13.87
Oct 6, 2023Piper Sandler
Piper Sandler Turns Bullish On Shoals Technologies: Forecasts Less Risk To Industry Growth During 2024
Target:$28.00
+83.1%from $15.29
Jan 10, 2023Morgan Stanley
Morgan Stanley Maintains Equal-Weight on Shoals Technologies Gr, Lowers Price Target to $32
Target:$32.00
+35.3%from $23.65
Nov 15, 2022J.P. Morgan
JP Morgan Maintains Overweight on Shoals Technologies Gr, Raises Price Target to $35
Target:$35.00
+28.7%from $27.19
Nov 15, 2022Goldman Sachs
Goldman Sachs Maintains Sell on Shoals Technologies Gr, Raises Price Target to $20
Target:$20.00
-32.3%from $29.54
Sep 7, 2022Goldman Sachs
Shoals Technologies downgraded to Sell from Buy at Goldman Sachs
Target:$21.00
-24.4%from $27.76
Jun 9, 2022Truist Financial
Truist Turns Bullish On Shoals Technologies - Read Why
Target:$25.00
+33.5%from $18.72
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.