Analyst Price Target is $28.86
▲ +25.14% 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 $28.86, with a high forecast of $40.00 and a low forecast of $16.00. The average price target represents a 25.14% upside from the last price of $23.06.
Current Consensus is
The current consensus among 13 investment analysts is to hold stock in Shoals Technologies Group. This rating has held steady since February 2022, when it changed from a Buy consensus rating.
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It produces EBOS components, including cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. The company also sells EV Charging solutions for public and fleet electric vehicle charging stations; and EBOS systems. It sells its products principally to engineering, procurement, and construction firms that build solar energy projects and install electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.