$6.43
0.02[0.31%]
At close: May 17
$6.43
0[0.00%]
PreMarket: 7:47PM EDT
Shoals Technologies Gr
(NASDAQ:SHLS)Shoals Technologies Gr Stock (NASDAQ:SHLS), Analyst Ratings, Price Targets, Predictions
Shoals Technologies Group Inc has a consensus price target of $20.83, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Barclays, TD Cowen, and Cantor Fitzgerald on May 9, 2024, May 8, 2024, and May 8, 2024. With an average price target of $12.33 between Barclays, TD Cowen, and Cantor Fitzgerald, there's an implied 91.81% upside for Shoals Technologies Group Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Barclays
TD Cowen
Cantor Fitzgerald
Piper Sandler
Northland Capital Markets
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Shoals Technologies Gr
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/09/2024 | Buy Now | 86.63% | Barclays | Christine Cho | $13 → $12 | Maintains | Equal-Weight | Get Alert |
| 05/08/2024 | Buy Now | 71.07% | TD Cowen | Jeffrey Osborne | $15 → $11 | Maintains | Buy | Get Alert |
| 05/08/2024 | Buy Now | 117.73% | Cantor Fitzgerald | Derek Soderberg | $24 → $14 | Maintains | Overweight | Get Alert |
| 05/08/2024 | Buy Now | 71.07% | Piper Sandler | Kashy Harrison | $14 → $11 | Maintains | Overweight | Get Alert |
| 05/08/2024 | Buy Now | -6.69% | Northland Capital Markets | Donovan Schafer | $12 → $6 | Downgrade | Market Perform → Underperform | Get Alert |
| 05/08/2024 | Buy Now | 102.18% | Mizuho | Maheep Mandloi | $16 → $13 | Maintains | Buy | Get Alert |
| 05/08/2024 | Buy Now | 24.42% | Roth MKM | Philip Shen | $15 → $8 | Downgrade | Buy → Neutral | Get Alert |
| 05/07/2024 | Buy Now | 133.28% | Roth MKM | Philip Shen | $20 → $15 | Maintains | Buy | Get Alert |
| 04/19/2024 | Buy Now | 148.83% | Mizuho | Maheep Mandloi | $18 → $16 | Maintains | Buy | Get Alert |
| 04/11/2024 | Buy Now | 117.73% | Piper Sandler | Kashy Harrison | $16 → $14 | Maintains | Overweight | Get Alert |
| 03/13/2024 | Buy Now | 273.25% | Cantor Fitzgerald | Derek Soderberg | → $24 | Reiterates | Overweight → Overweight | Get Alert |
| 03/11/2024 | Buy Now | 211.04% | Roth MKM | Philip Shen | $20 → $20 | Maintains | Buy | Get Alert |
| 03/05/2024 | Buy Now | 102.18% | Barclays | Christine Cho | $15 → $13 | Maintains | Equal-Weight | Get Alert |
| 03/01/2024 | Buy Now | 211.04% | UBS | Jon Windham | $28 → $20 | Maintains | Buy | Get Alert |
| 03/01/2024 | Buy Now | 257.7% | Goldman Sachs | Brian Lee | $26 → $23 | Maintains | Buy | Get Alert |
| 02/29/2024 | Buy Now | 273.25% | Cantor Fitzgerald | Derek Soderberg | $28 → $24 | Maintains | Overweight | Get Alert |
| 02/29/2024 | Buy Now | 164.39% | RBC Capital | Chris Dendrinos | $20 → $17 | Maintains | Outperform | Get Alert |
| 02/29/2024 | Buy Now | 304.35% | JP Morgan | Mark Strouse | $32 → $26 | Maintains | Overweight | Get Alert |
| 02/29/2024 | Buy Now | 164.39% | Oppenheimer | Colin Rusch | $42 → $17 | Maintains | Outperform | Get Alert |
| 02/29/2024 | Buy Now | 179.94% | Mizuho | Maheep Mandloi | $19 → $18 | Reiterates | Buy → Buy | Get Alert |
| 02/29/2024 | Buy Now | 211.04% | Truist Securities | Jordan Levy | $23 → $20 | Reiterates | Buy → Buy | Get Alert |
| 02/29/2024 | Buy Now | 148.83% | Piper Sandler | Kashy Harrison | $20 → $16 | Maintains | Overweight | Get Alert |
| 02/14/2024 | Buy Now | 211.04% | RBC Capital | Chris Dendrinos | → $20 | Initiates | → Outperform | Get Alert |
| 01/22/2024 | Buy Now | 133.28% | Barclays | Christine Cho | $17 → $15 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 01/03/2024 | Buy Now | 195.49% | Mizuho | Maheep Mandloi | $18 → $19 | Maintains | Buy | Get Alert |
| 12/08/2023 | Buy Now | 164.39% | Morgan Stanley | Stephen Biggar | $21 → $17 | Maintains | Equal-Weight | Get Alert |
| 11/21/2023 | Buy Now | 179.94% | Mizuho | Maheep Mandloi | → $18 | Initiates | → Buy | Get Alert |
| 11/09/2023 | Buy Now | 257.7% | Truist Securities | Jordan Levy | $25 → $23 | Maintains | Buy | Get Alert |
| 11/08/2023 | Buy Now | 335.46% | Cantor Fitzgerald | Derek Soderberg | → $28 | Reiterates | Overweight → Overweight | Get Alert |
| 10/20/2023 | Buy Now | 413.22% | Exane BNP Paribas | Moses Sutton | → $33 | Initiates | → Outperform | Get Alert |
FAQ
What is the target price for Shoals Technologies Gr (SHLS)?
The latest price target for Shoals Technologies Gr (NASDAQ: SHLS) was reported by Barclays on May 9, 2024. The analyst firm set a price target for $12.00 expecting SHLS to rise to within 12 months (a possible 86.63% upside). 43 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Shoals Technologies Gr (SHLS)?
The latest analyst rating for Shoals Technologies Gr (NASDAQ: SHLS) was provided by Barclays, and Shoals Technologies Gr maintained their equal-weight rating.
When was the last upgrade for Shoals Technologies Gr (SHLS)?
The last upgrade for Shoals Technologies Group Inc happened on January 22, 2024 when Barclays raised their price target to $15. Barclays previously had an underweight for Shoals Technologies Group Inc.
When was the last downgrade for Shoals Technologies Gr (SHLS)?
The last downgrade for Shoals Technologies Group Inc happened on May 8, 2024 when Northland Capital Markets changed their price target from $12 to $6 for Shoals Technologies Group Inc.
When is the next analyst rating going to be posted or updated for Shoals Technologies Gr (SHLS)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Shoals Technologies Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Shoals Technologies Gr was filed on May 9, 2024 so you should expect the next rating to be made available sometime around May 9, 2025.
Is the Analyst Rating Shoals Technologies Gr (SHLS) correct?
While ratings are subjective and will change, the latest Shoals Technologies Gr (SHLS) rating was a maintained with a price target of $13.00 to $12.00. The current price Shoals Technologies Gr (SHLS) is trading at is $6.43, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.