NASDAQ: SHLS
Shoals Technologies Group Inc Stock Forecast, Predictions & Price Target

Analyst price target for SHLS

Based on 18 analysts offering 12 month price targets for Shoals Technologies Group Inc

Min Forecast
$3.40+0%
Avg Forecast
$8.97+163.74%
Max Forecast
$46.00+1,252.94%

Should I buy or sell SHLS stock?

Based on 18 analysts offering ratings for Shoals Technologies Group Inc.

Buy
Strong Buy
9 analysts 50%
Buy
3 analysts 16.67%
Hold
6 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although SHLS's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates SHLS as a "Hold". Stocks with a Zen Rating of Hold have had an average return of +7.53% per year. Learn More

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SHLS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2025-03-12
lockedlocked$00.00+00.00%2025-02-26
lockedlocked$00.00+00.00%2025-02-26
lockedlocked$00.00+00.00%2025-02-26
lockedlocked$00.00+00.00%2025-02-26
Roth MKM
Bottom 5%
5
HoldMaintains$4.50+32.35%2025-02-26
Oppenheimer
Bottom 10%
10
BuyMaintains$10.00+194.12%2025-01-28
Mizuho
Bottom 2%
2
BuyMaintains$6.00+76.47%2025-01-24
JP Morgan
Top 19%
82
Strong BuyMaintains$10.00+194.12%2025-01-23
Barclays
Bottom 10%
10
HoldMaintains$4.00+17.65%2025-01-17

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Forecast return on equity

Is SHLS forecast to generate an efficient return?

Company
14.1%
Industry
21.6%
Market
88.2%
SHLS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SHLS forecast to generate an efficient return on assets?

Company
9.9%
Industry
14.38%
SHLS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SHLS earnings per share forecast

What is SHLS's earnings per share in the next 3 years based on estimates from 8 analysts?

Avg 1 year Forecast
$0.32+128.57%
Avg 2 year Forecast
$0.41+194.93%
Avg 3 year Forecast
$0.44+214.29%
SHLS's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

SHLS revenue forecast

What is SHLS's revenue in the next 3 years based on estimates from 7 analysts?

Avg 1 year Forecast
$423.4M+6.06%
Avg 2 year Forecast
$488.7M+22.43%
Avg 3 year Forecast
$545.7M+36.69%
SHLS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SHLS earnings growth forecast

How is SHLS forecast to perform vs Solar companies and vs the US market?

Company
49.47%
Industry
41.87%
Market
18.81%
SHLS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
SHLS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
SHLS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

SHLS revenue growth forecast

How is SHLS forecast to perform vs Solar companies and vs the US market?

Company
11.14%
Industry
17.19%
Market
10.7%
SHLS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SHLS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SHLS vs Solar Stocks

TickerPricePrice TargetUp/downsideConsensus
SHLS$3.40$8.97+163.74%Buy
CSIQ$9.94$12.83+29.07%Hold
ARRY$5.23$8.93+70.80%Buy
SEDG$16.10$15.57-3.27%Sell
CSLR$1.70$6.00+252.94%Strong Buy

Shoals Technologies Group Stock Forecast FAQ

Is Shoals Technologies Group Stock a good buy in 2025, according to Wall Street analysts?

The consensus among 18 Wall Street analysts covering (NASDAQ: SHLS) stock is to Buy SHLS stock.

Out of 18 analysts, 9 (50%) are recommending SHLS as a Strong Buy, 3 (16.67%) are recommending SHLS as a Buy, 6 (33.33%) are recommending SHLS as a Hold, 0 (0%) are recommending SHLS as a Sell, and 0 (0%) are recommending SHLS as a Strong Sell.

If you're new to stock investing, here's how to buy Shoals Technologies Group stock.

What is SHLS's earnings growth forecast for 2025-2027?

(NASDAQ: SHLS) Shoals Technologies Group's forecast annual earnings growth rate of 49.47% is forecast to beat the US Solar industry's average forecast earnings growth rate of 41.87%, and it is also forecast to beat the US market's average forecast earnings growth rate of 18.81%.

Shoals Technologies Group's earnings in 2025 is $24,127,000.On average, 8 Wall Street analysts forecast SHLS's earnings for 2025 to be $53,438,295, with the lowest SHLS earnings forecast at $40,078,721, and the highest SHLS earnings forecast at $63,457,975. On average, 7 Wall Street analysts forecast SHLS's earnings for 2026 to be $68,952,100, with the lowest SHLS earnings forecast at $50,098,401, and the highest SHLS earnings forecast at $90,177,122.

In 2027, SHLS is forecast to generate $73,477,655 in earnings, with the lowest earnings forecast at $65,127,922 and the highest earnings forecast at $81,827,389.

What is SHLS's revenue growth forecast for 2025-2027?

(NASDAQ: SHLS) Shoals Technologies Group's forecast annual revenue growth rate of 11.14% is not forecast to beat the US Solar industry's average forecast revenue growth rate of 17.19%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.7%.

Shoals Technologies Group's revenue in 2025 is $399,208,000.On average, 7 Wall Street analysts forecast SHLS's revenue for 2025 to be $70,703,038,781, with the lowest SHLS revenue forecast at $68,935,400,189, and the highest SHLS revenue forecast at $71,907,905,333. On average, 8 Wall Street analysts forecast SHLS's revenue for 2026 to be $81,615,806,542, with the lowest SHLS revenue forecast at $76,800,849,193, and the highest SHLS revenue forecast at $90,160,422,873.

In 2027, SHLS is forecast to generate $91,122,312,178 in revenue, with the lowest revenue forecast at $85,451,173,151 and the highest revenue forecast at $95,353,957,141.

What is SHLS's forecast return on assets (ROA) for 2025-2028?

(NASDAQ: SHLS) forecast ROA is 9.9%, which is lower than the forecast US Solar industry average of 14.38%.

What is SHLS's Price Target?

According to 18 Wall Street analysts that have issued a 1 year SHLS price target, the average SHLS price target is $8.97, with the highest SHLS stock price forecast at $46.00 and the lowest SHLS stock price forecast at $3.40.

On average, Wall Street analysts predict that Shoals Technologies Group's share price could reach $8.97 by Mar 12, 2026. The average Shoals Technologies Group stock price prediction forecasts a potential upside of 163.74% from the current SHLS share price of $3.40.

What is SHLS's Earnings Per Share (EPS) forecast for 2025-2027?

(NASDAQ: SHLS) Shoals Technologies Group's current Earnings Per Share (EPS) is $0.14. On average, analysts forecast that SHLS's EPS will be $0.32 for 2025, with the lowest EPS forecast at $0.24, and the highest EPS forecast at $0.38. On average, analysts forecast that SHLS's EPS will be $0.41 for 2026, with the lowest EPS forecast at $0.30, and the highest EPS forecast at $0.54. In 2027, SHLS's EPS is forecast to hit $0.44 (min: $0.39, max: $0.49).

What is SHLS's forecast return on equity (ROE) for 2025-2028?

(NASDAQ: SHLS) forecast ROE is 14.1%, which is considered weak.
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