The Shoals Technologies Group, Inc. (SHLS) share price is expected to increase by 14.98% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered SHLS. Price targets range from $15.00 at the low end to $28.00 at the high end. The current analyst consensus for SHLS is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
SHLS is a stock in Technology which has been forecasted to be worth $19.57 as an average. On the higher end, the forecast price is $28.00 USD by derek soderberg from Cantor Fitzgerald and on the lower end SHLS is forecasted to be $15.00 by christine cho cfa from Barclays.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
christine cho cfa Barclays | Hold | $15.0 | upgraded | Jan 22, 2024 |
sean milligan Janney Montgomery | Buy | $20.0 | initiatedcoverage | Jan 19, 2024 |
maheep mandloi Mizuho Securities | Buy | $19.0 | maintained | Jan 3, 2024 |
kashy harrison Piper Sandler | Buy | $20.0 | rated | Dec 19, 2023 |
andrew percoco Morgan Stanley | Hold | $17.0 | maintained | Dec 8, 2023 |
brian k. lee Goldman Sachs | Buy | $28.0 | maintained | Nov 30, 2023 |
donovan schafer cfa Northland Securities | Hold | $18.0 | maintained | Nov 15, 2023 |
philip shen Roth MKM | Buy | $30.0 | maintained | Nov 10, 2023 |
jeff osborne TD Cowen | Buy | $30.0 | maintained | Nov 8, 2023 |
jon windham UBS | Buy | $28.0 | maintained | Nov 8, 2023 |
vikram bagri Citi | Buy | $23.0 | rated | Nov 8, 2023 |
jordan levy Truist Financial | Buy | $23.0 | maintained | Nov 8, 2023 |
moses sutton Exane BNP Paribas | Buy | $33.0 | initiatedcoverage | Oct 20, 2023 |
mark strouse J.P. Morgan | Buy | $32.0 | maintained | Oct 19, 2023 |
derek soderberg Cantor Fitzgerald | Buy | $28.0 | upgraded | Sep 5, 2023 |
colin rusch Oppenheimer | Buy | $42.0 | maintained | Aug 2, 2023 |
joseph osha Guggenheim | Buy | $30.0 | upgraded | May 9, 2023 |
bronson fleig Truist Financial | Hold | $32.0 | reiterated | Mar 8, 2023 |
jiong shao Barclays | Hold | $30.0 | rated | Mar 1, 2023 |
stephen byrd Morgan Stanley | Hold | $32.0 | maintained | Jan 10, 2023 |
In 2023, SHLS generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that SHLS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
SOFI-USD
$8.33
TMUS-USD
$161.76
TXN-USD
$162.4
UPST-USD
$33.9
$27.88
TXG-USD
$49.11