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NASDAQ:SHLS - Shoals Technologies Group Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $38.08
  • Forecasted Upside: 124.51 %
  • Number of Analysts: 13
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$16.96 As of 01/20/2022 01:00 AM ET
▼ -0.56 (-3.20%)

This chart shows the closing price for SHLS by one month, three months, or twelve months.

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Analyst Price Target for SHLS

Analyst Price Target is $38.08
▲ +124.51% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for Shoals Technologies Group in the last 3 months. The average price target is $38.08, with a high forecast of $48.00 and a low forecast of $27.00. The average price target represents a 124.51% upside from the last price of $16.96.

This chart shows the closing price for SHLS for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 13 investment analysts is to buy stock in Shoals Technologies Group.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/29/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/25/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
7/24/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
10/22/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
12/21/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
1/20/2022

Latest Recommendations

  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/20/2022JPMorgan Chase & Co.Lower Price Target$43.00 ➝ $37.00High
1/13/2022Morgan StanleyLower Price TargetEqual Weight$34.00 ➝ $27.00High
1/7/2022Piper SandlerLower Price TargetOverweight ➝ Overweight$42.00 ➝ $39.00Low
11/10/2021Roth CapitalLower Price TargetBuy$44.00 ➝ $37.00High
11/10/2021BarclaysLower Price TargetEqual Weight$32.00 ➝ $29.00High
10/20/2021GuggenheimDowngradeBuy ➝ NeutralMedium
10/15/2021Truist FinancialInitiated CoverageHold$34.00High
8/19/2021Morgan StanleyBoost Price TargetEqual Weight$31.00 ➝ $34.00Low
7/21/2021JPMorgan Chase & Co.Boost Price TargetAverage ➝ Overweight$42.00 ➝ $46.00High
7/2/2021The Goldman Sachs GroupBoost Price TargetBuy$33.00 ➝ $36.00Low
6/29/2021Piper SandlerInitiated CoverageOverweight$43.00High
5/26/2021Morgan StanleyLower Price TargetEqual Weight$32.00 ➝ $31.00Low
5/24/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$40.00High
5/19/2021The Goldman Sachs GroupUpgradeNeutral ➝ Buy$36.00 ➝ $33.00High
5/4/2021CowenLower Price TargetMarket Perform$40.00 ➝ $31.00High
4/28/2021BarclaysReiterated RatingOverweight ➝ Equal Weight$49.00 ➝ $35.00Medium
4/22/2021BarclaysDowngradeOverweight ➝ Equal Weight$35.00Low
3/22/2021Johnson RiceInitiated CoverageBuy$43.00Low
3/11/2021Roth CapitalInitiated CoverageIn-Line ➝ Buy$38.00High
3/10/2021Morgan StanleyLower Price TargetEqual Weight$41.00 ➝ $32.00High
3/8/2021JPMorgan Chase & Co.Lower Price TargetOverweight$44.00 ➝ $40.00Medium
2/22/2021OppenheimerInitiated CoverageOutperform$46.00High
2/22/2021UBS GroupInitiated CoverageBuy$48.00High
2/22/2021JPMorgan Chase & Co.Initiated CoverageOverweight$44.00High
2/22/2021Morgan StanleyInitiated CoverageEqual Weight$41.00High
2/22/2021Credit Suisse GroupInitiated CoverageNeutral$40.00High
2/22/2021CowenInitiated CoverageOutperform$39.00High
2/22/2021The Goldman Sachs GroupInitiated CoverageNeutral$30.00High
2/22/2021GuggenheimInitiated CoverageBuy$48.00High
2/22/2021BarclaysInitiated CoverageOverweight$49.00High
(Data available from 1/20/2017 forward)

News Sentiment Rating

0.17 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2021
  • 5 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2021
  • 4 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2021
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2021
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2021
  • 3 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2021
  • 2 very positive mentions
  • 4 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Mentions as of
1/20/2022

Current Sentiment

  • 2 very positive mentions
  • 4 positive mentions
  • 5 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Shoals Technologies Group logo
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It offers EBOS components, such as cable assemblies, inline fuses, combiners, recombiners, disconnects, wireless monitoring systems, junction boxes, transition enclosures, and splice boxes that carry the electric current produced by solar panels to an inverter and to the power grid. The company sells its products to engineering, procurement, and construction firms that build solar energy projects. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.
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Today's Range

Now: $16.96
Low: $16.94
High: $18.82

50 Day Range

MA: $26.56
Low: $17.52
High: $36.55

52 Week Range

Now: $16.96
Low: $16.94
High: $44.04

Volume

3,703,714 shs

Average Volume

1,791,621 shs

Market Capitalization

$2.83 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Shoals Technologies Group?

The following Wall Street sell-side analysts have issued reports on Shoals Technologies Group in the last twelve months: Barclays PLC, Cowen Inc, Credit Suisse Group AG, Guggenheim, Johnson Rice, JPMorgan Chase & Co., Morgan Stanley, Oppenheimer Holdings Inc., Piper Sandler, Roth Capital, The Goldman Sachs Group, Inc., Truist Financial Co., UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for SHLS.

What is the current price target for Shoals Technologies Group?

13 Wall Street analysts have set twelve-month price targets for Shoals Technologies Group in the last year. Their average twelve-month price target is $38.08, suggesting a possible upside of 117.3%. UBS Group AG has the highest price target set, predicting SHLS will reach $48.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $27.00 for Shoals Technologies Group in the next year.
View the latest price targets for SHLS.

What is the current consensus analyst rating for Shoals Technologies Group?

Shoals Technologies Group currently has 5 hold ratings and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SHLS will outperform the market and that investors should add to their positions of Shoals Technologies Group.
View the latest ratings for SHLS.

What other companies compete with Shoals Technologies Group?

Other companies that are similar to Shoals Technologies Group include Synaptics, First Solar, IPG Photonics, Lattice Semiconductor, AU Optronics, BE Semiconductor Industries, Sumco, Silicon Laboratories, Dialog Semiconductor, Amkor Technology, Allegro MicroSystems, Ambarella, CMC Materials, Cirrus Logic and Semtech.

How do I contact Shoals Technologies Group's investor relations team?

Shoals Technologies Group's physical mailing address is 1400 SHOALS WAY, PORTLAND TN, 37148. The company's listed phone number is 615-451-1400 and its investor relations email address is [email protected] The official website for Shoals Technologies Group is www.shoals.com.