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Shoals Technologies Group (SHLS)
NASDAQ:SHLS
RESEARCH TOOLSreports
SHLS Analyst Ratings
Moderate Buy
10 Buy
5 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
SHLS Stock 12 Month Forecast
Average Price Target
$6.18
▲(21.18%Upside)
| Highest Price Target$10.00 | Average Price Target$6.18 | Lowest Price Target$4.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
TipRanks
$5
Hold
-1.96%
Downside
Reiterated
05/31/25
Shoals Technologies Group's overall stock score is primarily supported by its solid financial health and positive technical indicators. The company's strong balance sheet and cash flow management provide a stable foundation despite revenue growth challenges. Technical analysis suggests a bullish trend, while valuation remains a concern due to the high P/E ratio. The cautiously optimistic sentiment from the earnings call further supports the stock's potential, though ongoing litigation and market pressures pose risks.
Mizuho Securities
$6→$7
Buy
37.25%
Upside
Reiterated
06/02/25
Jefferies
$3.9→$4.9
Hold
-3.92%
Downside
Reiterated
05/30/25
Bank of America Securities
$6
Buy
17.65%
Upside
Reiterated
05/29/25
Morgan Stanley
$6
Buy
17.65%
Upside
Reiterated
05/16/25
Exane BNP Paribas
$4
Sell
-21.57%
Downside
Downgraded
05/15/25
RBC Capital
$7
Buy
37.25%
Upside
Reiterated
05/13/25
Guggenheim
$5→$6
Buy
17.65%
Upside
Reiterated
05/09/25
Barclays
$4
Hold
-21.57%
Downside
Reiterated
05/08/25
Citi
$4.5→$5.5
Hold
7.84%
Upside
Reiterated
05/07/25
Piper Sandler
$6
Buy
17.65%
Upside
Reiterated
05/07/25
Truist Financial
$7
Buy
37.25%
Upside
Reiterated
05/07/25
Wells Fargo
$6
Hold
17.65%
Upside
Reiterated
05/06/25
Roth MKM
$4→$5
Hold
-1.96%
Downside
Reiterated
05/06/25
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
TipRanks
$5
Hold
-1.96%
Downside
Reiterated
05/31/25
Shoals Technologies Group's overall stock score is primarily supported by its solid financial health and positive technical indicators. The company's strong balance sheet and cash flow management provide a stable foundation despite revenue growth challenges. Technical analysis suggests a bullish trend, while valuation remains a concern due to the high P/E ratio. The cautiously optimistic sentiment from the earnings call further supports the stock's potential, though ongoing litigation and market pressures pose risks.
Mizuho Securities
$6→$7
Buy
37.25%
Upside
Reiterated
06/02/25
Jefferies
$3.9→$4.9
Hold
-3.92%
Downside
Reiterated
05/30/25
Bank of America Securities
$6
Buy
17.65%
Upside
Reiterated
05/29/25
Morgan Stanley
$6
Buy
17.65%
Upside
Reiterated
05/16/25
Exane BNP Paribas
$4
Sell
-21.57%
Downside
Downgraded
05/15/25
RBC Capital
$7
Buy
37.25%
Upside
Reiterated
05/13/25
Guggenheim
$5→$6
Buy
17.65%
Upside
Reiterated
05/09/25
Barclays
$4
Hold
-21.57%
Downside
Reiterated
05/08/25
Citi
$4.5→$5.5
Hold
7.84%
Upside
Reiterated
05/07/25
Piper Sandler
$6
Buy
17.65%
Upside
Reiterated
05/07/25
Truist Financial
$7
Buy
37.25%
Upside
Reiterated
05/07/25
Wells Fargo
$6
Hold
17.65%
Upside
Reiterated
05/06/25
Roth MKM
$4→$5
Hold
-1.96%
Downside
Reiterated
05/06/25
Best Analysts Covering Shoals Technologies Group
1 Month
xxx
Success Rate
7/17 ratings generated profit
Average Return
-1.45%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 41.18% of your transactions generating a profit, with an average return of -1.45% per trade.
3 Months
xxx
Success Rate
6/14 ratings generated profit
Average Return
-9.09%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 42.86% of your transactions generating a profit, with an average return of -9.09% per trade.
1 Year
Success Rate
9/17 ratings generated profit
Average Return
-6.14%
reiterated a buy rating last month
Copying Brian K. Lee's trades and holding each position for 1 Year would result in 52.94% of your transactions generating a profit, with an average return of -6.14% per trade.
2 Years
xxx
Success Rate
10/17 ratings generated profit
Average Return
+0.39%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 58.82% of your transactions generating a profit, with an average return of +0.39% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
SHLS Analyst Recommendation Trends
Rating
Feb 25
Mar 25
Apr 25
May 25
Jun 25
Strong Buy
15
14
16
9
9
Buy
5
5
2
7
7
Hold
11
12
7
8
7
Sell
0
0
0
1
1
Strong Sell
0
0
0
0
0
total
31
31
25
25
24
Each month's total comprises the sum of three months' worth of ratings.
SHLS Financial Forecast
SHLS Stock Forecast FAQ
What is SHLS’s average 12-month price target, according to analysts?
Based on analyst ratings, Shoals Technologies Group’s 12-month average price target is 6.18.
What is SHLS’s upside potential, based on the analysts’ average price target?
Shoals Technologies Group has 21.18% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is SHLS a Buy, Sell or Hold?
Shoals Technologies Group has a consensus rating of Moderate Buy which is based on 10 buy ratings, 5 hold ratings and 1 sell ratings.
What is Shoals Technologies Group’s price target?
The average price target for Shoals Technologies Group is 6.18. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $10.00 ,the lowest forecast is $4.00. The average price target represents 21.18% Increase from the current price of $5.1.
The highest analyst price target is $10.00 ,the lowest forecast is $4.00. The average price target represents 21.18% Increase from the current price of $5.1.
What do analysts say about Shoals Technologies Group?
Shoals Technologies Group’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 16 Wall Streets Analysts.
How can I buy shares of SHLS?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.