Shoals Technologies Group, Inc.SHLSNASDAQ

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Overview Charts News Fundamentals Key Metrics TTM Financials Earnings Growth Rating Analysts Institutional Peers Historical

Analyst Sentiment

Analysts lean bullish — 73% recommend buying.

Consensus Rating

Buy

22 analysts·High coverage

73%

Rating Distribution

Strong Buy

00%

Buy

1673%

Hold

418%

Sell

29%

Strong Sell

00%

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

Price Target Expectations

Analysts see moderate upside — consensus target 17% higher.

Bear Case

$9.50

+2%

Consensus

$10.88

+17%

Bull Case

$12.00

+29%

Price Range22 analysts

Low

Consensus

High

$9.50

$12.00

Current Target

Current Price

$9.32

Upside to Target

$1.56

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

Earnings & Revenue Estimates

2026E$0.49(11 analysts)

P/E47x

Current: 47.5x

Actual

Estimate

Range (Low–High)

Stock Alarm Pro

Forward Growth Estimates (YoY)

FY2027

Rev+10.84%

EPS+21.28%

FY2028

Rev+2.64%

EPS+5.62%

FY2029

Rev+15.37%

EPS+12.17%

Earnings Surprises

Beat rate:58%(7/12 quarters)

Avg surprise:+8.5%

Beat

Miss

Inline

Estimate

Based on reported EPS vs consensus estimate.

Recent Analyst Actions

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

May 2, 2022Truist Financial

Truist Securities Assumes Shoals Technologies Gr at Hold, Announces Price Target of $20

Target:$20.00

+86.7%from $10.71

Apr 19, 2022J.P. Morgan

JP Morgan Maintains Overweight on Shoals Technologies Gr, Lowers Price Target to $33

Target:$33.00

+145.5%from $13.44

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