Shoals Technologies Group Inc has a consensus price target of $18.73 based on the ratings of 22 analysts. The high is $35 issued by Cowen & Co. on January 20, 2023. The low is $5 issued by Citigroup on July 2, 2024. The 3 most-recent analyst ratings were released by UBS, Barclays, and JP Morgan on July 18, 2024, July 18, 2024, and July 16, 2024, respectively. With an average price target of $15 between UBS, Barclays, and JP Morgan, there's an implied 127.62% upside for Shoals Technologies Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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07/18/2024 | Buy Now | 82.09% | UBS | Jon Windham | $20 → $12 | Maintains | Buy | Get Alert |
07/18/2024 | Buy Now | 51.75% | Barclays | Christine Cho | $12 → $10 | Maintains | Equal-Weight | Get Alert |
07/16/2024 | Buy Now | 249.01% | JP Morgan | Mark Strouse | $21 → $23 | Maintains | Overweight | Get Alert |
07/08/2024 | Buy Now | 97.27% | RBC Capital | Chris Dendrinos | $15 → $13 | Maintains | Outperform | Get Alert |
07/02/2024 | Buy Now | -24.13% | Citigroup | Vikram Bagri | $15 → $5 | Downgrade | Buy → Sell | Get Alert |
05/09/2024 | Buy Now | 82.09% | Barclays | Christine Cho | $13 → $12 | Maintains | Equal-Weight | Get Alert |
05/08/2024 | Buy Now | 66.92% | TD Cowen | Jeffrey Osborne | $15 → $11 | Maintains | Buy | Get Alert |
05/08/2024 | Buy Now | 112.44% | Cantor Fitzgerald | Derek Soderberg | $24 → $14 | Maintains | Overweight | Get Alert |
05/08/2024 | Buy Now | 66.92% | Piper Sandler | Kashy Harrison | $14 → $11 | Maintains | Overweight | Get Alert |
05/08/2024 | Buy Now | -8.95% | Northland Capital Markets | Donovan Schafer | $12 → $6 | Downgrade | Market Perform → Underperform | Get Alert |
05/08/2024 | Buy Now | 97.27% | Mizuho | Maheep Mandloi | $16 → $13 | Maintains | Buy | Get Alert |
05/08/2024 | Buy Now | 21.4% | Roth MKM | Philip Shen | $15 → $8 | Downgrade | Buy → Neutral | Get Alert |
05/07/2024 | Buy Now | 127.62% | Roth MKM | Philip Shen | $20 → $15 | Maintains | Buy | Get Alert |
04/19/2024 | Buy Now | 142.79% | Mizuho | Maheep Mandloi | $18 → $16 | Maintains | Buy | Get Alert |
04/11/2024 | Buy Now | 112.44% | Piper Sandler | Kashy Harrison | $16 → $14 | Maintains | Overweight | Get Alert |
03/13/2024 | Buy Now | 264.19% | Cantor Fitzgerald | Derek Soderberg | → $24 | Reiterates | Overweight → Overweight | Get Alert |
03/11/2024 | Buy Now | 203.49% | Roth MKM | Philip Shen | $20 → $20 | Maintains | Buy | Get Alert |
03/05/2024 | Buy Now | 97.27% | Barclays | Christine Cho | $15 → $13 | Maintains | Equal-Weight | Get Alert |
03/01/2024 | Buy Now | 203.49% | UBS | Jon Windham | $28 → $20 | Maintains | Buy | Get Alert |
03/01/2024 | Buy Now | 249.01% | Goldman Sachs | Brian Lee | $26 → $23 | Maintains | Buy | Get Alert |
02/29/2024 | Buy Now | 264.19% | Cantor Fitzgerald | Derek Soderberg | $28 → $24 | Maintains | Overweight | Get Alert |
02/29/2024 | Buy Now | 157.97% | RBC Capital | Chris Dendrinos | $20 → $17 | Maintains | Outperform | Get Alert |
02/29/2024 | Buy Now | 294.54% | JP Morgan | Mark Strouse | $32 → $26 | Maintains | Overweight | Get Alert |
02/29/2024 | Buy Now | 157.97% | Oppenheimer | Colin Rusch | $42 → $17 | Maintains | Outperform | Get Alert |
02/29/2024 | Buy Now | 173.14% | Mizuho | Maheep Mandloi | $19 → $18 | Reiterates | Buy → Buy | Get Alert |
02/29/2024 | Buy Now | 203.49% | Truist Securities | Jordan Levy | $23 → $20 | Reiterates | Buy → Buy | Get Alert |
02/29/2024 | Buy Now | 142.79% | Piper Sandler | Kashy Harrison | $20 → $16 | Maintains | Overweight | Get Alert |
02/14/2024 | Buy Now | 203.49% | RBC Capital | Chris Dendrinos | → $20 | Initiates | → Outperform | Get Alert |
01/22/2024 | Buy Now | 127.62% | Barclays | Christine Cho | $17 → $15 | Upgrade | Underweight → Equal-Weight | Get Alert |
01/03/2024 | Buy Now | 188.32% | Mizuho | Maheep Mandloi | $18 → $19 | Maintains | Buy | Get Alert |
12/08/2023 | Buy Now | 157.97% | Morgan Stanley | Stephen Biggar | $21 → $17 | Maintains | Equal-Weight | Get Alert |
11/21/2023 | Buy Now | 173.14% | Mizuho | Maheep Mandloi | → $18 | Initiates | → Buy | Get Alert |
11/09/2023 | Buy Now | 249.01% | Truist Securities | Jordan Levy | $25 → $23 | Maintains | Buy | Get Alert |
11/08/2023 | Buy Now | 324.89% | Cantor Fitzgerald | Derek Soderberg | → $28 | Reiterates | Overweight → Overweight | Get Alert |
10/20/2023 | Buy Now | 400.76% | Exane BNP Paribas | Moses Sutton | → $33 | Initiates | → Outperform | Get Alert |
10/19/2023 | Buy Now | 385.58% | JP Morgan | Mark Strouse | $38 → $32 | Maintains | Overweight | Get Alert |
10/18/2023 | Buy Now | 294.54% | Citigroup | Vikram Bagri | $34 → $26 | Maintains | Buy | Get Alert |
10/17/2023 | Buy Now | 218.66% | Morgan Stanley | Stephen Biggar | $22 → $21 | Maintains | Equal-Weight | Get Alert |
10/11/2023 | Buy Now | 324.89% | Goldman Sachs | Brian Lee | $27 → $28 | Upgrade | Neutral → Buy | Get Alert |
10/06/2023 | Buy Now | 324.89% | Piper Sandler | Kashy Harrison | → $28 | Upgrade | Neutral → Overweight | Get Alert |
10/05/2023 | Buy Now | 173.14% | Northland Capital Markets | Donovan Schafer | $26 → $18 | Downgrade | Outperform → Market Perform | Get Alert |
10/04/2023 | Buy Now | 279.36% | Truist Securities | Jordan Levy | $30 → $25 | Maintains | Buy | Get Alert |
09/12/2023 | Buy Now | 355.24% | Truist Securities | Jordan Levy | $35 → $30 | Maintains | Buy | Get Alert |
09/06/2023 | Buy Now | 233.84% | Morgan Stanley | Stephen Biggar | $28 → $22 | Maintains | Equal-Weight | Get Alert |
09/05/2023 | Buy Now | 324.89% | Cantor Fitzgerald | Derek Soderberg | $27 → $28 | Upgrade | Neutral → Overweight | Get Alert |
08/04/2023 | Buy Now | 203.49% | Barclays | Christine Cho | $19 → $20 | Maintains | Underweight | Get Alert |
08/02/2023 | Buy Now | 537.33% | Oppenheimer | Colin Rusch | → $42 | Reiterates | Outperform → Outperform | Get Alert |
07/17/2023 | Buy Now | 324.89% | Morgan Stanley | Stephen Biggar | $29 → $28 | Maintains | Equal-Weight | Get Alert |
05/10/2023 | Buy Now | 279.36% | Goldman Sachs | Brian Lee | $22 → $25 | Maintains | Neutral | Get Alert |
05/09/2023 | Buy Now | 537.33% | Oppenheimer | Colin Rusch | $41 → $42 | Maintains | Outperform | Get Alert |
05/09/2023 | Buy Now | 431.11% | Truist Securities | Jordan Levy | $32 → $35 | Maintains | Buy | Get Alert |
05/09/2023 | Buy Now | 355.24% | Guggenheim | Joseph Osha | → $30 | Upgrade | Neutral → Buy | Get Alert |
05/09/2023 | Buy Now | 355.24% | Northland Capital Markets | Donovan Schafer | → $30 | Upgrade | Market Perform → Outperform | Get Alert |
05/09/2023 | Buy Now | 279.36% | Goldman Sachs | Brian Lee | $22 → $25 | Maintains | Neutral | Get Alert |
05/09/2023 | Buy Now | 309.71% | Cantor Fitzgerald | Derek Soderberg | $30 → $27 | Maintains | Neutral | Get Alert |
05/02/2023 | Buy Now | 188.32% | Barclays | Christine Cho | $27 → $19 | Downgrade | Equal-Weight → Underweight | Get Alert |
04/03/2023 | Buy Now | 340.06% | Morgan Stanley | Stephen Biggar | $32 → $29 | Maintains | Equal-Weight | Get Alert |
03/30/2023 | Buy Now | 233.84% | Goldman Sachs | Brian Lee | $20 → $22 | Upgrade | Sell → Neutral | Get Alert |
03/10/2023 | Buy Now | 415.93% | Citigroup | Vikram Bagri | → $34 | Initiates | → Buy | Get Alert |
03/06/2023 | Buy Now | 340.06% | Credit Suisse | Maheep Mandloi | → $29 | Reiterates | → Outperform | Get Alert |
03/01/2023 | Buy Now | 309.71% | Northland Capital Markets | Donovan Schafer | → $27 | Downgrade | Outperform → Market Perform | Get Alert |
02/27/2023 | Buy Now | 385.58% | Truist Securities | Jordan Levy | $30 → $32 | Maintains | Buy | Get Alert |
01/25/2023 | Buy Now | 355.24% | Cantor Fitzgerald | Derek Soderberg | → $30 | Initiates | → Neutral | Get Alert |
01/20/2023 | Buy Now | 431.11% | Cowen & Co. | Jeffrey Osborne | $37.5 → $35 | Maintains | Outperform | Get Alert |
01/17/2023 | Buy Now | 340.06% | Credit Suisse | Maheep Mandloi | $26 → $29 | Maintains | Outperform | Get Alert |
01/10/2023 | Buy Now | 385.58% | Morgan Stanley | Stephen Byrd | $36 → $32 | Maintains | Equal-Weight | Get Alert |
11/16/2022 | Buy Now | 355.24% | Barclays | Christine Cho | $25 → $30 | Maintains | Equal-Weight | Get Alert |
11/15/2022 | Buy Now | 431.11% | JP Morgan | Mark Strouse | $32 → $35 | Maintains | Overweight | Get Alert |
11/15/2022 | Buy Now | 203.49% | Goldman Sachs | Brian Lee | $18 → $20 | Maintains | Sell | Get Alert |
11/15/2022 | Buy Now | 355.24% | Northland Capital Markets | Donovan Schafer | → $30 | Upgrade | Market Perform → Outperform | Get Alert |
11/15/2022 | Buy Now | 355.24% | Piper Sandler | Kashy Harrison | $28 → $30 | Maintains | Neutral | Get Alert |
10/20/2022 | Buy Now | 385.58% | JP Morgan | Mark Strouse | $35 → $32 | Maintains | Overweight | Get Alert |
09/22/2022 | Buy Now | 446.28% | Morgan Stanley | Stephen Byrd | $33 → $36 | Maintains | Equal-Weight | Get Alert |
09/16/2022 | Buy Now | 469.04% | Cowen & Co. | Jeffrey Osborne | $29 → $37.5 | Upgrade | Market Perform → Outperform | Get Alert |
09/09/2022 | Buy Now | — | Guggenheim | Joseph Osha | — | Downgrade | Buy → Neutral | Get Alert |
09/08/2022 | Buy Now | 218.66% | Goldman Sachs | Brian Lee | $23 → $21 | Downgrade | Buy → Sell | Get Alert |
08/18/2022 | Buy Now | 400.76% | Morgan Stanley | Stephen Byrd | $21 → $33 | Maintains | Equal-Weight | Get Alert |
08/16/2022 | Buy Now | 355.24% | Truist Securities | Bronson Fleig | $25 → $30 | Maintains | Buy | Get Alert |
08/16/2022 | Buy Now | 279.36% | Barclays | Christine Cho | $24 → $25 | Maintains | Equal-Weight | Get Alert |
08/08/2022 | Buy Now | 431.11% | JP Morgan | Mark Strouse | $31 → $35 | Maintains | Overweight | Get Alert |
08/05/2022 | Buy Now | 264.19% | Barclays | Christine Cho | → $24 | Initiates | → Equal-Weight | Get Alert |
07/25/2022 | Buy Now | 203.49% | Credit Suisse | Maheep Mandloi | $25 → $20 | Maintains | Outperform | Get Alert |
07/20/2022 | Buy Now | 370.41% | JP Morgan | Mark Strouse | $27 → $31 | Maintains | Overweight | Get Alert |
07/19/2022 | Buy Now | — | Northland Capital Markets | Donovan Schafer | — | Downgrade | Outperform → Market Perform | Get Alert |
07/19/2022 | Buy Now | 203.49% | Piper Sandler | Kashy Harrison | $15 → $20 | Maintains | Neutral | Get Alert |
06/21/2022 | Buy Now | 233.84% | Goldman Sachs | Brian Lee | $19 → $22 | Maintains | Buy | Get Alert |
06/13/2022 | Buy Now | 218.66% | Morgan Stanley | Stephen Byrd | $25 → $21 | Maintains | Equal-Weight | Get Alert |
06/09/2022 | Buy Now | 279.36% | Truist Securities | Bronson Fleig | $16 → $25 | Upgrade | Hold → Buy | Get Alert |
05/18/2022 | Buy Now | 142.79% | Truist Securities | Bronson Fleig | $20 → $16 | Maintains | Hold | Get Alert |
05/18/2022 | Buy Now | 279.36% | Credit Suisse | Maheep Mandloi | $31 → $25 | Maintains | Outperform | Get Alert |
05/17/2022 | Buy Now | 188.32% | Guggenheim | Joseph Osha | $22 → $19 | Maintains | Buy | Get Alert |
05/10/2022 | Buy Now | 142.79% | Northland Capital Markets | Donovan Schafer | → $16 | Initiates | → Outperform | Get Alert |
05/02/2022 | Buy Now | 203.49% | Truist Securities | Tristan Richardson | → $20 | Assumes | → Hold | Get Alert |
04/19/2022 | Buy Now | 400.76% | JP Morgan | Mark Strouse | $35 → $33 | Maintains | Overweight | Get Alert |
04/08/2022 | Buy Now | 142.79% | Piper Sandler | Kashy Harrison | → $16 | Downgrade | Overweight → Neutral | Get Alert |
03/22/2022 | Buy Now | 279.36% | Morgan Stanley | Stephen Byrd | $27 → $25 | Maintains | Equal-Weight | Get Alert |
03/11/2022 | Buy Now | 294.54% | Piper Sandler | Kashy Harrison | $39 → $26 | Maintains | Overweight | Get Alert |
03/11/2022 | Buy Now | 233.84% | Guggenheim | Joseph Osha | → $22 | Upgrade | Neutral → Buy | Get Alert |
01/24/2022 | Buy Now | 203.49% | Truist Securities | Tristan Richardson | $34 → $20 | Maintains | Hold | Get Alert |
01/13/2022 | Buy Now | 309.71% | Morgan Stanley | Stephen Byrd | $34 → $27 | Maintains | Equal-Weight | Get Alert |
The latest price target for Shoals Technologies Gr (NASDAQ:SHLS) was reported by UBS on July 18, 2024. The analyst firm set a price target for $12.00 expecting SHLS to rise to within 12 months (a possible 82.09% upside). 47 analyst firms have reported ratings in the last year.
The latest analyst rating for Shoals Technologies Gr (NASDAQ:SHLS) was provided by UBS, and Shoals Technologies Gr maintained their buy rating.
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.
The last downgrade for Shoals Technologies Group Inc happened on July 2, 2024 when Citigroup changed their price target from $15 to $5 for Shoals Technologies Group Inc.
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 July 18, 2024 so you should expect the next rating to be made available sometime around July 18, 2025.
While ratings are subjective and will change, the latest Shoals Technologies Gr (SHLS) rating was a maintained with a price target of $20.00 to $12.00. The current price Shoals Technologies Gr (SHLS) is trading at is $6.59, which is out of the analyst’s predicted range.
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