Shoals Technologies Group Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Shoals Technologies Group stock have an average target of 10.47, with a low estimate of 8.00 and a high estimate of 14. The average target predicts an increase of 16.33% from the current stock price of 9.00.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$8.00	$10.47	$10	$14
Change	-11.11%	+16.33%	+11.11%	+55.56%

Analyst Ratings

The average analyst rating for Shoals Technologies Group stock from 20 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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	9	10	10	9	9	9
Buy	4	4	4	4	4	4
Hold	6	6	7	6	6	6
Sell	2	1	0	0	1	1
Strong Sell	0	0	0	0	0	0
Total	21	21	21	19	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christine Cho CFA Barclays	Barclays	Buy Maintains $9 → $10	Buy	Maintains	$9 → $10	+11.11%	Jun 26, 2026
Jeff Osborne TD Cowen	TD Cowen	Buy Maintains $14	Buy	Maintains	$14	+55.56%	Jun 12, 2026
Praneeth Satish Wells Fargo	Wells Fargo	Hold Maintains $9 → $10	Hold	Maintains	$9 → $10	+11.11%	Jun 11, 2026
Maheep Mandloi Mizuho Securities	Mizuho Securities	Hold Maintains $11	Hold	Maintains	$11	+22.22%	Jun 2, 2026
Joseph Osha Guggenheim	Guggenheim	Buy Reiterates $11 → $12	Buy	Reiterates	$11 → $12	+33.33%	May 22, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

622.75M

from 475.33M

31.01%

from 475.33M

Revenue Next Year

677.85M

from 622.75M

8.85%

from 622.75M

EPS This Year

0.41

from 0.36

14.97%

from 0.36

EPS Next Year

0.50

from 0.41

21.53%

from 0.41

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	622.75M	677.85M
Revenue Growth	21.48%	53.34%	49.55%	-18.35%	19.07%	31.01%	8.85%
EPS	-0.00	0.85	0.24	0.14	0.20	0.26	0.40
EPS Growth	-	-	-71.87%	-41.67%	42.86%	28.70%	55.67%
Forward PE	-	-	-	-	-	34.97	22.46
No. Analysts	-	-	-	-	-	17	18

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

Revenue Forecast

Revenue	2026	2027
High	638.4M	737.4M
Avg	622.8M	677.8M
Low	588.7M	607.1M

Revenue Growth

Revenue Growth	2026	2027
High	34.3%	18.4%
Avg	31.0%	8.8%
Low	23.9%	-2.5%

EPS Forecast

EPS	2026	2027
High	0.50	0.68
Avg	0.41	0.50
Low	0.27	0.40

EPS Growth

EPS Growth	2026	2027
High	38.9%	64.3%
Avg	15.0%	21.5%
Low	-25.0%	-3.4%

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.