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SHLS Stock Forecast 2025-2026
$4.71
Current Price
$799.93M
Market Cap
Buy 14
Hold 7
Sell 1
Wall St Analyst Ratings
Distance to SHLS Price Targets
+112.3%
To High Target of $10.00
+27.4%
To Median Target of $6.00
-17.2%
To Low Target of $3.90
SHLS Price Momentum
+2.8%
1 Week Change
+40.6%
1 Month Change
-38.4%
1 Year Change
-14.8%
Year-to-Date Change
-44.7%
From 52W High of $8.52
+73.8%
From 52W Low of $2.71
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Latest SHLS Stock Price Targets & Analyst Predictions
Based on our analysis of 28 Wall Street analysts, SHLS has a bullish consensus with a median price target of $6.00 (ranging from $3.90 to $10.00). The overall analyst rating is Strong Buy (8.0/10). Currently trading at $4.71, the median forecast implies a 27.4% upside. This outlook is supported by 14 Buy, 7 Hold, and 1 Sell ratings.
The most optimistic forecast comes from Colin Rusch at Oppenheimer, projecting a 112.3% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
SHLS Analyst Ratings
14
Buy
7
Hold
1
Sell
SHLS Price Target Range
Low
$3.90
Average
$6.00
High
$10.00
Current: $4.71
Latest SHLS Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for SHLS.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 15, 2025 | Exane BNP Paribas | Moses Sutton | Underperform | Downgrade | $4.00 |
| May 9, 2025 | Guggenheim | Joseph Osha | Buy | Maintains | $6.00 |
| May 7, 2025 | Goldman Sachs | Brian Lee | Buy | Maintains | $6.00 |
| May 7, 2025 | Citigroup | Vikram Bagri | Neutral | Maintains | $5.50 |
| Mar 12, 2025 | Jefferies | Julien Dumoulin-Smith | Hold | Maintains | $3.40 |
| Feb 26, 2025 | RBC Capital | Christopher Dendrinos | Outperform | Maintains | $7.00 |
| Feb 26, 2025 | Piper Sandler | Kashy Harrison | Overweight | Maintains | $6.00 |
| Feb 26, 2025 | Goldman Sachs | Brian Lee | Buy | Maintains | $7.00 |
| Feb 26, 2025 | UBS | Jon Windham | Buy | Maintains | $7.00 |
| Feb 26, 2025 | Roth MKM | Philip Shen | Neutral | Maintains | $4.50 |
| Feb 18, 2025 | Wolfe Research | Steve Fleishman | Peer Perform | Initiates | $0.00 |
| Jan 28, 2025 | Oppenheimer | Colin Rusch | Outperform | Maintains | $10.00 |
| Jan 24, 2025 | Mizuho | Maheep Mandloi | Outperform | Maintains | $6.00 |
| Jan 23, 2025 | JP Morgan | Paul Coster | Overweight | Maintains | $10.00 |
| Jan 22, 2025 | Goldman Sachs | Brian Lee | Buy | Maintains | $8.00 |
| Jan 17, 2025 | Barclays | Christine Cho | Equal-Weight | Maintains | $4.00 |
| Jan 16, 2025 | Truist Securities | Buy | Maintains | $0.00 | |
| Dec 17, 2024 | Goldman Sachs | Brian Lee | Buy | Maintains | $9.00 |
| Dec 17, 2024 | Morgan Stanley | Andrew Percoco | Overweight | Upgrade | $7.00 |
| Nov 25, 2024 | B of A Securities | Dimple Gosal | Buy | Initiates | $6.00 |
Shoals Technologies Group, Inc. (SHLS) Competitors
The following stocks are similar to Shoals Tech based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Shoals Technologies Group, Inc. (SHLS) Financial Data
Shoals Technologies Group, Inc. has a market capitalization of $799.93M with a P/E ratio of 43.5x. The company generates $388.76M in trailing twelve-month revenue with a 4.9% profit margin.
Revenue growth is -11.5% quarter-over-quarter, while maintaining an operating margin of +5.4% and return on equity of +3.4%.
Valuation Metrics
Market Cap
$799.93M
Enterprise Value
$906.07M
P/E Ratio
43.5x
PEG Ratio
10.6x
Price/Sales
2.1x
Growth & Margins
Revenue Growth (YoY)
-11.5%
Gross Margin
+35.0%
Operating Margin
+5.4%
Net Margin
+4.9%
EPS Growth
-11.5%
Financial Health
Cash/Price Ratio
+4.5%
Current Ratio
2.3x
Debt/Equity
25.4x
ROE
+3.4%
ROA
+4.0%
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Shoals Technologies Group, Inc. (SHLS) Business Model
About Shoals Technologies Group, Inc.
What They Do
Provides electric balance of systems for solar energy.
Business Model
Shoals Technologies Group generates revenue by offering a wide array of EBOS products and services to solar energy projects. Their solutions, which include combiner boxes and monitoring devices, are critical for the effective operation of solar installations, thus driving demand and sales in the rapidly expanding renewable energy market.
Additional Information
The company is committed to enhancing the efficiency and reducing costs of solar energy installations, supporting global efforts to increase solar adoption and combat climate change. By aligning with sustainable energy initiatives, Shoals plays a crucial role in the transition to clean energy, making it an attractive investment in the growing green technology sector.
Company Information
Sector
Technology
Industry
Solar
Employees
1,290
CEO
Mr. Brandon Moss
Country
United States
IPO Year
2018
Website
www.shoals.comShoals Technologies Group, Inc. (SHLS) Latest News & Analysis
Latest News
Quick Summary
Shoals Technologies Group, Inc. will hold its Q1 2025 earnings conference call on May 6, 2025, at 8:00 AM ET, featuring key company executives and analysts from major financial institutions.
Why It Matters
The earnings call provides insights into Shoals Technologies' financial health and strategic direction, influencing investor sentiment and stock performance.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Shoals Technologies reported Q1 revenue of $80.4M, a 35% gross margin, and a net loss of $0.3M. Adjusted EBITDA was $12.8M, with a backlog increase of 5% to $645.1M. Full year outlook provided.
Why It Matters
Quarterly revenue and adjusted EBITDA indicate financial health, while a 5% increase in backlog suggests strong demand. Outlook for Q2 and full year adds clarity for future performance.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Shoals Technologies Group (SHLS) reported Q3 earnings of $0.03 per share, missing the Zacks estimate of $0.04, and down from $0.07 per share year-over-year.
Why It Matters
SHLS's earnings miss signals potential challenges in profitability, which may lead to negative market sentiment and impact stock performance.
Source: Zacks Investment Research
Market Sentiment:
Negative
Quick Summary
Shoals Technologies Group (Nasdaq: SHLS) signed an MOU with UGT Renewables to collaborate on up to 12 GW of solar projects in UGT's development pipeline.
Why It Matters
Shoals Technologies' MOU with UGT Renewables signals potential growth and revenue from a significant solar project pipeline, enhancing its market position in the energy transition sector.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Surf Air Mobility ($SRFM) | Shoals Technologies ($SHLS) | ARRAY ($ARRY) | Canadian Solar ($CSIQ)
16 days ago
Quick Summary
Surf Air Mobility's subsidiary, Mokulele Airlines, has signed an interline agreement with Japan Airlines, improving booking for travelers connecting through Honolulu to Hawaii.
Why It Matters
The interline agreement enhances Mokulele Airlines' market reach and customer convenience, potentially increasing revenues and attractiveness for investors in Surf Air Mobility.
Source: Green Stock News
Market Sentiment:
Positive
Shoals Technologies Group (SHLS) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
23 days ago
Quick Summary
Shoals Technologies (SHLS) is expected to likely beat earnings in its upcoming report, driven by strong performance indicators. Investors should prepare for key expectations.
Why It Matters
Shoals Technologies' potential earnings beat could signal strong financial performance, impacting stock price positively and attracting investor interest.
Source: Zacks Investment Research
Market Sentiment:
Positive
Frequently Asked Questions About SHLS Stock
What is Shoals Technologies Group, Inc.'s (SHLS) stock forecast for 2025?
Based on our analysis of 28 Wall Street analysts, Shoals Technologies Group, Inc. (SHLS) has a median price target of $6.00. The highest price target is $10.00 and the lowest is $3.90.
Is SHLS stock a good investment in 2025?
According to current analyst ratings, SHLS has 14 Buy ratings, 7 Hold ratings, and 1 Sell ratings. The stock is currently trading at $4.71. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for SHLS stock?
Wall Street analysts predict SHLS stock could reach $6.00 in the next 12 months. This represents a 27.4% increase from the current price of $4.71. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Shoals Technologies Group, Inc.'s business model?
Shoals Technologies Group generates revenue by offering a wide array of EBOS products and services to solar energy projects. Their solutions, which include combiner boxes and monitoring devices, are critical for the effective operation of solar installations, thus driving demand and sales in the rapidly expanding renewable energy market.
What is the highest forecasted price for SHLS Shoals Technologies Group, Inc.?
The highest price target for SHLS is $10.00 from Colin Rusch at Oppenheimer, which represents a 112.3% increase from the current price of $4.71.
What is the lowest forecasted price for SHLS Shoals Technologies Group, Inc.?
The lowest price target for SHLS is $3.90 from at , which represents a -17.2% decrease from the current price of $4.71.
What is the overall SHLS consensus from analysts for Shoals Technologies Group, Inc.?
The overall analyst consensus for SHLS is bullish. Out of 28 Wall Street analysts, 14 rate it as Buy, 7 as Hold, and 1 as Sell, with a median price target of $6.00.
How accurate are SHLS stock price projections?
Stock price projections, including those for Shoals Technologies Group, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: May 22, 2025 4:26 AM UTC