Shoals Technologies Group, Inc. (SHLS)
NASDAQ: SHLS · Real-Time Price · USD
7.65
-0.15 (-1.92%)
At close: Apr 28, 2026, 4:00 PM EDT
7.64
-0.01 (-0.08%)
After-hours: Apr 28, 2026, 7:58 PM EDT
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 9.07, with a low estimate of 4.00 and a high estimate of 12. The average target predicts an increase of 18.56% from the current stock price of 7.65.
Analyst Consensus: Buy
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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 7 | 7 | 6 | 6 | 6 |
| Buy | 8 | 7 | 7 | 5 | 4 | 4 |
| Hold | 4 | 4 | 4 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 19 | 19 | 15 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $11 → $9 | Buy | Maintains | $11 → $9 | +17.65% | Apr 16, 2026 |
| Jefferies | Jefferies | Strong Buy Maintains $10 → $8 | Strong Buy | Maintains | $10 → $8 | +4.58% | Mar 11, 2026 |
| Citigroup | Citigroup | Hold Maintains $11 → $8.5 | Hold | Maintains | $11 → $8.5 | +11.11% | Feb 26, 2026 |
| UBS | UBS | Strong Buy Maintains $12 → $11 | Strong Buy | Maintains | $12 → $11 | +43.79% | Feb 25, 2026 |
| Barclays | Barclays | Buy Maintains $10 → $9 | Buy | Maintains | $10 → $9 | +17.65% | Feb 25, 2026 |
Financial Forecast
Revenue This Year
600.08M
from 475.33M
Increased by 26.24%
Revenue Next Year
669.21M
from 600.08M
Increased by 11.52%
EPS This Year
0.40
from 0.20
Increased by 102.02%
EPS Next Year
0.51
from 0.40
Increased by 26.30%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 650.4M | 727.1M | ||||||
| Avg | 600.1M | 669.2M | ||||||
| Low | 564.5M | 608.0M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 36.8% | 21.2% | ||||||
| Avg | 26.2% | 11.5% | ||||||
| Low | 18.8% | 1.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 0.55 | 0.68 | ||||||
| Avg | 0.40 | 0.51 | ||||||
| Low | 0.28 | 0.36 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 173.0% | 68.9% | ||||||
| Avg | 102.0% | 26.3% | ||||||
| Low | 42.1% | -10.3% |
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.