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Shoals Technologies Group (SHLS)
NASDAQ:SHLS
US Market

Shoals Technologies Group Stock Forecast & Price Target

235 Followers
See the Price Targets and Ratings of:

Analyst Rating Consensus

Moderate Buy
11Ratings
5 Buy
5 Hold
1 Sell
Based on 11 analysts giving stock ratings to
Shoals
Technologies Group
in the past 3 months
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 Price Prediction

Average Price Target

$29.72
▲(37.91% Upside)
Based on 11 Wall Street analysts offering 12 month price targets for Shoals Technologies Group in the last 3 months. The average price target is $29.72 with a high forecast of $37.50 and a low forecast of $21.00. The average price target represents a 37.91% change from the last price of $21.55.
Highest Price Target$37.50Average Price Target$29.72Lowest Price Target$21.00
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​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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Northland Securities
Hold
Downgraded
Shoals Technologies downgraded to Market Perform from Outperform at NorthlandShoals Technologies downgraded to Market Perform from Outperform at Northland
Roth Capital
$20.00
Buy
-7.19%
Downside
Reiterated
Shoals Technologies Group (SHLS) PT Lowered to $20 at Roth CapitalRoth Capital analyst Philip Shen lowered the price target on Shoals Technologies Group (NASDAQ: SHLS) to $20.00 (from $37.00) while maintaining a Buy rating following earnings.
Oppenheimer
$44.00
Buy
104.18%
Upside
Reiterated
Oppenheimer Reiterates Outperform on Shoals Technologies Group Shares, Sees 129% Upside For The Stock
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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 $29.72.
    What is SHLS’s upside potential, based on the analysts’ average price target?
    Shoals Technologies Group has 37.91% 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 conensus rating of Moderate Buy which is based on 5 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 $29.72. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $37.50 ,the lowest forecast is $21.00. The average price target represents 37.91% Increase from the current price of $21.55.
              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 11 Wall Streets Analysts.

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