Analyst Price Target is $40.42
▲ +46.49% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Shoals Technologies Group in the last 3 months. The average price target is $40.42, with a high forecast of $48.00 and a low forecast of $31.00. The average price target represents a 46.49% upside from the last price of $27.59.
Current Consensus is
The current consensus among 12 investment analysts is to buy stock in Shoals Technologies Group.
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.