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

Analyst price target for SHLS

Based on 11 analysts offering 12 month price targets for Shoals Technologies Group Inc

Min Forecast
$4.00-59.76%
Avg Forecast
$8.59-13.57%
Max Forecast
$12.00+20.72%

Should I buy or sell SHLS stock?

Based on 11 analysts offering ratings for Shoals Technologies Group Inc.

Strong Buy
Strong Buy
7 analysts 63.64%
Buy
2 analysts 18.18%
Hold
1 analysts 9.09%
Sell
1 analysts 9.09%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model "Buy" agrees with analyst consensus with a "Strong Buy" rating. Learn More

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SHLS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2025-10-22
lockedlocked$00.00+00.00%2025-10-16Find Out Why
lockedlocked$00.00+00.00%2025-10-16Find Out Why
lockedlocked$00.00+00.00%2025-10-02Find Out Why
lockedlocked$00.00+00.00%2025-10-01Find Out Why
Goldman Sachs
Top 7%
94
Strong BuyMaintains$8.00-19.52%2025-09-11
Jefferies
Top 10%
91
Strong BuyMaintains$9.00-9.46%2025-09-08Find out why
Guggenheim
Top 3%
98
Strong BuyMaintains$8.00-19.52%2025-08-06
Mizuho
Top 31%
70
BuyMaintains$7.00-29.58%2025-06-02
Exane BNP Paribas
Top 32%
69
SellDowngrades$4.00-59.76%2025-05-15

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Forecast return on equity

Is SHLS forecast to generate an efficient return?

Company
19.78%
Industry
31.64%
Market
-61.86%
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
14.32%
Industry
16.97%
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 4 analysts?

Avg 1 year Forecast
$0.35+189.58%
Avg 2 year Forecast
$0.50+316.67%
Avg 3 year Forecast
$0.61+411.08%
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 4 analysts?

Avg 1 year Forecast
$460.3M+14.98%
Avg 2 year Forecast
$548.4M+36.98%
Avg 3 year Forecast
$628.1M+56.89%
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
73.02%
Industry
24.18%
Market
15.91%
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
16.31%
Industry
13.33%
Market
11.71%
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$9.94$8.59-13.57%Strong Buy
ARRY$8.96$9.97+11.24%Buy
JKS$21.47$18.00-16.16%Strong Sell
SEDG$37.50$24.23-35.39%Sell
CSIQ$14.00$11.67-16.66%Sell

Shoals Technologies Group Stock Forecast FAQ

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

The consensus among 11 Wall Street analysts covering (NASDAQ: SHLS) stock is to Strong Buy SHLS stock.

Out of 11 analysts, 7 (63.64%) are recommending SHLS as a Strong Buy, 2 (18.18%) are recommending SHLS as a Buy, 1 (9.09%) are recommending SHLS as a Hold, 1 (9.09%) 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 73.02% is forecast to beat the US Solar industry's average forecast earnings growth rate of 24.18%, and it is also forecast to beat the US market's average forecast earnings growth rate of 15.91%.

Shoals Technologies Group's earnings in 2025 is $21,124,000.On average, 4 Wall Street analysts forecast SHLS's earnings for 2025 to be $58,158,538, with the lowest SHLS earnings forecast at $51,882,437, and the highest SHLS earnings forecast at $60,250,572. On average, 4 Wall Street analysts forecast SHLS's earnings for 2026 to be $83,681,350, with the lowest SHLS earnings forecast at $70,292,334, and the highest SHLS earnings forecast at $98,743,992.

In 2027, SHLS is forecast to generate $102,643,543 in earnings, with the lowest earnings forecast at $83,681,350 and the highest earnings forecast at $130,542,905.

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

(NASDAQ: SHLS) Shoals Technologies Group's forecast annual revenue growth rate of 16.31% is forecast to beat the US Solar industry's average forecast revenue growth rate of 13.33%, and it is also forecast to beat the US market's average forecast revenue growth rate of 11.71%.

Shoals Technologies Group's revenue in 2025 is $400,354,000.On average, 4 Wall Street analysts forecast SHLS's revenue for 2025 to be $77,041,569,143, with the lowest SHLS revenue forecast at $76,786,006,301, and the highest SHLS revenue forecast at $77,296,462,533. On average, 4 Wall Street analysts forecast SHLS's revenue for 2026 to be $91,782,540,945, with the lowest SHLS revenue forecast at $85,990,954,746, and the highest SHLS revenue forecast at $100,484,564,480.

In 2027, SHLS is forecast to generate $105,125,532,123 in revenue, with the lowest revenue forecast at $95,110,548,215 and the highest revenue forecast at $115,798,251,438.

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

(NASDAQ: SHLS) forecast ROA is 14.32%, which is lower than the forecast US Solar industry average of 16.97%.

What is SHLS's Price Target?

According to 11 Wall Street analysts that have issued a 1 year SHLS price target, the average SHLS price target is $8.59, with the highest SHLS stock price forecast at $12.00 and the lowest SHLS stock price forecast at $4.00.

On average, Wall Street analysts predict that Shoals Technologies Group's share price could fall to $8.59 by Oct 22, 2026. The average Shoals Technologies Group stock price prediction forecasts a potential downside of 13.57% from the current SHLS share price of $9.94.

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

(NASDAQ: SHLS) Shoals Technologies Group's current Earnings Per Share (EPS) is $0.12. On average, analysts forecast that SHLS's EPS will be $0.35 for 2025, with the lowest EPS forecast at $0.31, and the highest EPS forecast at $0.36. On average, analysts forecast that SHLS's EPS will be $0.50 for 2026, with the lowest EPS forecast at $0.42, and the highest EPS forecast at $0.59. In 2027, SHLS's EPS is forecast to hit $0.61 (min: $0.50, max: $0.78).

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

(NASDAQ: SHLS) forecast ROE is 19.78%, which is considered weak.
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