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Shoals Technologies Group (SHLS)
NASDAQ:SHLS
SHLS Analyst Ratings
Moderate Buy
12 Buy
5 Hold
0 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
$6.53
▲(92.06% Upside)
| Highest Price Target$10.50 | Average Price Target$6.53 | Lowest Price Target$3.40 |
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
Oppenheimer
Reiterated
03/13/25
Jefferies
Reiterated
03/11/25
Guggenheim
Reiterated
02/27/25
Roth MKM
Reiterated
02/26/25
Morgan Stanley
Reiterated
02/26/25
Goldman Sachs
Reiterated
02/26/25
Barclays
Reiterated
02/26/25
Bank of America Securities
Reiterated
02/26/25
Piper Sandler
Reiterated
02/26/25
Truist Financial
$7
Buy
105.88%
Upside
Reiterated
02/26/25
Truist Financial Keeps Their Buy Rating on Shoals Technologies Group (SHLS)
Wells Fargo
$6
Hold
76.47%
Upside
Reiterated
02/25/25
Analysts Conflicted on These Technology Names: Shoals Technologies Group (NASDAQ: SHLS) and ODDITY Tech Ltd. Class A (NASDAQ: ODD)
J.P. Morgan
$10→$8
Buy
135.29%
Upside
Reiterated
02/25/25
J.P. Morgan Sticks to Its Buy Rating for Shoals Technologies Group (SHLS)
TD Cowen
$11→$10.5
Buy
208.82%
Upside
Reiterated
02/25/25
Analysts Offer Insights on Technology Companies: Backblaze (NASDAQ: BLZE) and Shoals Technologies Group (NASDAQ: SHLS)
RBC Capital
$9→$7
Buy
105.88%
Upside
Reiterated
02/25/25
RBC Capital Sticks to Its Buy Rating for Shoals Technologies Group (SHLS)
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Oppenheimer
Reiterated
03/13/25
Jefferies
Reiterated
03/11/25
Guggenheim
Reiterated
02/27/25
Roth MKM
Reiterated
02/26/25
Morgan Stanley
Reiterated
02/26/25
Goldman Sachs
Reiterated
02/26/25
Barclays
Reiterated
02/26/25
Bank of America Securities
Reiterated
02/26/25
Piper Sandler
Reiterated
02/26/25
Truist Financial
$7
Buy
105.88%
Upside
Reiterated
02/26/25
Truist Financial Keeps Their Buy Rating on Shoals Technologies Group (SHLS)
Wells Fargo
$6
Hold
76.47%
Upside
Reiterated
02/25/25
Analysts Conflicted on These Technology Names: Shoals Technologies Group (NASDAQ: SHLS) and ODDITY Tech Ltd. Class A (NASDAQ: ODD)
J.P. Morgan
$10→$8
Buy
135.29%
Upside
Reiterated
02/25/25
J.P. Morgan Sticks to Its Buy Rating for Shoals Technologies Group (SHLS)
TD Cowen
$11→$10.5
Buy
208.82%
Upside
Reiterated
02/25/25
Analysts Offer Insights on Technology Companies: Backblaze (NASDAQ: BLZE) and Shoals Technologies Group (NASDAQ: SHLS)
RBC Capital
$9→$7
Buy
105.88%
Upside
Reiterated
02/25/25
RBC Capital Sticks to Its Buy Rating for Shoals Technologies Group (SHLS)
SHLS Analyst Recommendation Trends
Rating
Nov 24
Dec 24
Jan 25
Feb 25
Mar 25
Strong Buy
19
15
16
15
14
Buy
8
3
6
5
5
Hold
13
8
10
11
12
Sell
1
0
0
0
0
Strong Sell
0
0
0
0
0
total
41
26
32
31
31
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 $6.53.
What is SHLS’s upside potential, based on the analysts’ average price target?
Shoals Technologies Group has 92.06% 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 12 buy ratings, 5 hold ratings and 0 sell ratings.
What is Shoals Technologies Group’s price target?
The average price target for Shoals Technologies Group is $6.53. This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $10.50 ,the lowest forecast is $3.40. The average price target represents 92.06% Increase from the current price of $3.4.
The highest analyst price target is $10.50 ,the lowest forecast is $3.40. The average price target represents 92.06% Increase from the current price of $3.4.
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 17 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.