Shoals Technologies Group Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Shoals Technologies Group stock have an average target of 9.29, with a low estimate of 4.00 and a high estimate of 12. The average target predicts an increase of 51.30% from the current stock price of 6.14.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$4.00	$9.29	$9.00	$12
Change	-34.85%	+51.30%	+46.58%	+95.44%

Analyst Ratings

The average analyst rating for Shoals Technologies Group stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	6	7	8	7	7	6
Buy	7	8	8	7	7	4
Hold	6	4	4	4	4	3
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	20	20	21	19	19	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vikram Bagri Citigroup	Citigroup	Hold Maintains $11 → $8.5	Hold	Maintains	$11 → $8.5	+38.44%	Feb 26, 2026
Jon Windham UBS	UBS	Strong Buy Maintains $12 → $11	Strong Buy	Maintains	$12 → $11	+79.15%	Feb 25, 2026
Christine Cho Barclays	Barclays	Buy Maintains $10 → $9	Buy	Maintains	$10 → $9	+46.58%	Feb 25, 2026
Christopher Dendrinos RBC Capital	RBC Capital	Buy Maintains $10 → $9	Buy	Maintains	$10 → $9	+46.58%	Feb 25, 2026
Andrew Percoco Morgan Stanley	Morgan Stanley	Hold Maintains $9.5 → $8.5	Hold	Maintains	$9.5 → $8.5	+38.44%	Feb 25, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

571.39M

from 475.33M

20.21%

from 475.33M

Revenue Next Year

634.89M

from 571.39M

11.11%

from 571.39M

EPS This Year

0.51

from 0.20

154.70%

from 0.20

EPS Next Year

0.61

from 0.51

19.88%

from 0.51

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	213.21M	326.94M	488.94M	399.21M	475.33M	571.39M	634.89M
Revenue Growth	21.48%	53.34%	49.55%	-18.35%	19.07%	20.21%	11.11%
EPS	-0.00	0.85	0.24	0.14	0.20	0.51	0.61
EPS Growth	-	-	-71.87%	-41.67%	42.86%	154.70%	19.88%
Forward PE	-	-	-	-	-	12.05	10.05
No. Analysts	-	-	-	-	-	22	19

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	630.4M	726.5M
Avg	571.4M	634.9M
Low	479.2M	493.9M

Revenue Growth

Revenue Growth	2026	2027
High	32.6%	27.1%
Avg	20.2%	11.1%
Low	0.8%	-13.6%

EPS Forecast

EPS	2026	2027
High	0.67	0.89
Avg	0.51	0.61
Low	0.39	0.36

EPS Growth

EPS Growth	2026	2027
High	236.0%	75.2%
Avg	154.7%	19.9%
Low	96.0%	-28.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.