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
$8.50+48.86%
Avg Forecast
$10.00+75.13%
Max Forecast
$12.00+110.16%

Should I buy or sell SHLS stock?

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

Strong Buy
Strong Buy
6 analysts 54.55%
Buy
2 analysts 18.18%
Hold
3 analysts 27.27%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although SHLS's forecast from analysts indicates a "Strong 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

Be the first to know when Wall Street analysts revise their SHLS stock forecasts and price targets.

SHLS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2026-02-26
lockedlocked$00.00+00.00%2026-02-25
lockedlocked$00.00+00.00%2026-02-25
lockedlocked$00.00+00.00%2026-02-25
lockedlocked$00.00+00.00%2026-02-25
Roth Capital
Bottom 4%
4
Strong BuyMaintains$10.00+75.13%2026-02-25
Wells Fargo
Top 15%
86
HoldMaintains$9.00+57.62%2026-02-25
Guggenheim
Top 3%
98
Strong BuyMaintains$11.00+92.64%2026-02-25
Needham
Bottom 9%
9
BuyMaintains$12.00+110.16%2026-02-25
Goldman Sachs
Top 17%
84
Strong BuyMaintains$11.00+92.64%2025-11-05Find out why

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Forecast return on equity

Is SHLS forecast to generate an efficient return?

Company
19.36%
Industry
38.09%
Market
181.35%
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
12.85%
Industry
21.73%
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 22 analysts?

Avg 1 year Forecast
$0.40+101.9%
Avg 2 year Forecast
$0.51+156.8%
Avg 3 year Forecast
$0.63+212.9%
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 22 analysts?

Avg 1 year Forecast
$598.4M+25.9%
Avg 2 year Forecast
$665.5M+40.01%
Avg 3 year Forecast
$735.2M+54.67%
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
46.23%
Industry
21.53%
Market
36.44%
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
15.62%
Industry
8.96%
Market
13.44%
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$5.71$10.00+75.13%Strong Buy
ARRY$6.81$10.63+56.14%Buy
CSIQ$16.00$19.81+23.79%Sell
JKS$23.34$22.50-3.60%Sell
TOYO$7.33$18.00+145.57%Buy

Shoals Technologies Group Stock Forecast FAQ

Is Shoals Technologies Group Stock a good buy in 2026, 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, 6 (54.55%) are recommending SHLS as a Strong Buy, 2 (18.18%) are recommending SHLS as a Buy, 3 (27.27%) 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 2026-2028?

(NASDAQ: SHLS) Shoals Technologies Group's forecast annual earnings growth rate of 46.23% is forecast to beat the US Solar industry's average forecast earnings growth rate of 21.53%, and it is also forecast to beat the US market's average forecast earnings growth rate of 36.44%.

Shoals Technologies Group's earnings in 2026 is $33,574,000.On average, 22 Wall Street analysts forecast SHLS's earnings for 2026 to be $67,616,441, with the lowest SHLS earnings forecast at $47,589,382, and the highest SHLS earnings forecast at $91,427,877. On average, 20 Wall Street analysts forecast SHLS's earnings for 2027 to be $86,002,486, with the lowest SHLS earnings forecast at $63,999,514, and the highest SHLS earnings forecast at $114,284,846.

In 2028, SHLS is forecast to generate $104,790,413 in earnings, with the lowest earnings forecast at $77,127,619 and the highest earnings forecast at $133,625,359.

What is SHLS's revenue growth forecast for 2026-2028?

(NASDAQ: SHLS) Shoals Technologies Group's forecast annual revenue growth rate of 15.62% is forecast to beat the US Solar industry's average forecast revenue growth rate of 8.96%, and it is also forecast to beat the US market's average forecast revenue growth rate of 13.44%.

Shoals Technologies Group's revenue in 2026 is $475,331,000.On average, 22 Wall Street analysts forecast SHLS's revenue for 2026 to be $100,205,622,888, with the lowest SHLS revenue forecast at $94,487,194,323, and the highest SHLS revenue forecast at $108,913,039,736. On average, 20 Wall Street analysts forecast SHLS's revenue for 2027 to be $111,439,865,125, with the lowest SHLS revenue forecast at $101,811,471,495, and the highest SHLS revenue forecast at $120,035,090,256.

In 2028, SHLS is forecast to generate $123,111,152,708 in revenue, with the lowest revenue forecast at $106,173,552,435 and the highest revenue forecast at $136,438,523,995.

What is SHLS's forecast return on assets (ROA) for 2026-2029?

(NASDAQ: SHLS) forecast ROA is 12.85%, which is lower than the forecast US Solar industry average of 21.73%.

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 $10.00, with the highest SHLS stock price forecast at $12.00 and the lowest SHLS stock price forecast at $8.50.

On average, Wall Street analysts predict that Shoals Technologies Group's share price could reach $10.00 by Feb 26, 2027. The average Shoals Technologies Group stock price prediction forecasts a potential upside of 75.13% from the current SHLS share price of $5.71.

What is SHLS's Earnings Per Share (EPS) forecast for 2026-2028?

(NASDAQ: SHLS) Shoals Technologies Group's current Earnings Per Share (EPS) is $0.20. On average, analysts forecast that SHLS's EPS will be $0.40 for 2026, with the lowest EPS forecast at $0.28, and the highest EPS forecast at $0.55. On average, analysts forecast that SHLS's EPS will be $0.51 for 2027, with the lowest EPS forecast at $0.38, and the highest EPS forecast at $0.68. In 2028, SHLS's EPS is forecast to hit $0.63 (min: $0.46, max: $0.80).

What is SHLS's forecast return on equity (ROE) for 2026-2029?

(NASDAQ: SHLS) forecast ROE is 19.36%, which is considered weak.
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