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Shoals Technologies Gr

SHLSNASDAQ
$6.59
00.00%
Pre-Market: 7:00 AM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$35.00
Lowest Price Target1
$5.00
Consensus Price Target1
$18.73

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Shoals Technologies Gr (NASDAQ:SHLS) Stock, Analyst Ratings, Price Targets, Forecasts

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.

Analyst Trends and Forecast
6
Feb
1
1
Mar
1
Apr
2
2
1
May
2
1
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

UBS
Barclays
JP Morgan
RBC Capital
Citigroup

1calculated from analyst ratings

Analyst Ratings for Shoals Technologies Gr

Buy NowGet Alert
07/18/2024Buy Now82.09%UBS
Jon Windham
$20 → $12MaintainsBuyGet Alert
07/18/2024Buy Now51.75%Barclays
Christine Cho
$12 → $10MaintainsEqual-WeightGet Alert
07/16/2024Buy Now249.01%JP Morgan
Mark Strouse
$21 → $23MaintainsOverweightGet Alert
07/08/2024Buy Now97.27%RBC Capital
Chris Dendrinos
$15 → $13MaintainsOutperformGet Alert
07/02/2024Buy Now-24.13%Citigroup
Vikram Bagri
$15 → $5DowngradeBuy → SellGet Alert
05/09/2024Buy Now82.09%Barclays
Christine Cho
$13 → $12MaintainsEqual-WeightGet Alert
05/08/2024Buy Now66.92%TD Cowen
Jeffrey Osborne
$15 → $11MaintainsBuyGet Alert
05/08/2024Buy Now112.44%Cantor Fitzgerald
Derek Soderberg
$24 → $14MaintainsOverweightGet Alert
05/08/2024Buy Now66.92%Piper Sandler
Kashy Harrison
$14 → $11MaintainsOverweightGet Alert
05/08/2024Buy Now-8.95%Northland Capital Markets
Donovan Schafer
$12 → $6DowngradeMarket Perform → UnderperformGet Alert
05/08/2024Buy Now97.27%Mizuho
Maheep Mandloi
$16 → $13MaintainsBuyGet Alert
05/08/2024Buy Now21.4%Roth MKM
Philip Shen
$15 → $8DowngradeBuy → NeutralGet Alert
05/07/2024Buy Now127.62%Roth MKM
Philip Shen
$20 → $15MaintainsBuyGet Alert
04/19/2024Buy Now142.79%Mizuho
Maheep Mandloi
$18 → $16MaintainsBuyGet Alert
04/11/2024Buy Now112.44%Piper Sandler
Kashy Harrison
$16 → $14MaintainsOverweightGet Alert
03/13/2024Buy Now264.19%Cantor Fitzgerald
Derek Soderberg
→ $24ReiteratesOverweight → OverweightGet Alert
03/11/2024Buy Now203.49%Roth MKM
Philip Shen
$20 → $20MaintainsBuyGet Alert
03/05/2024Buy Now97.27%Barclays
Christine Cho
$15 → $13MaintainsEqual-WeightGet Alert
03/01/2024Buy Now203.49%UBS
Jon Windham
$28 → $20MaintainsBuyGet Alert
03/01/2024Buy Now249.01%Goldman Sachs
Brian Lee
$26 → $23MaintainsBuyGet Alert
02/29/2024Buy Now264.19%Cantor Fitzgerald
Derek Soderberg
$28 → $24MaintainsOverweightGet Alert
02/29/2024Buy Now157.97%RBC Capital
Chris Dendrinos
$20 → $17MaintainsOutperformGet Alert
02/29/2024Buy Now294.54%JP Morgan
Mark Strouse
$32 → $26MaintainsOverweightGet Alert
02/29/2024Buy Now157.97%Oppenheimer
Colin Rusch
$42 → $17MaintainsOutperformGet Alert
02/29/2024Buy Now173.14%Mizuho
Maheep Mandloi
$19 → $18ReiteratesBuy → BuyGet Alert
02/29/2024Buy Now203.49%Truist Securities
Jordan Levy
$23 → $20ReiteratesBuy → BuyGet Alert
02/29/2024Buy Now142.79%Piper Sandler
Kashy Harrison
$20 → $16MaintainsOverweightGet Alert
02/14/2024Buy Now203.49%RBC Capital
Chris Dendrinos
→ $20Initiates → OutperformGet Alert
01/22/2024Buy Now127.62%Barclays
Christine Cho
$17 → $15UpgradeUnderweight → Equal-WeightGet Alert
01/03/2024Buy Now188.32%Mizuho
Maheep Mandloi
$18 → $19MaintainsBuyGet Alert
12/08/2023Buy Now157.97%Morgan Stanley
Stephen Biggar
$21 → $17MaintainsEqual-WeightGet Alert
11/21/2023Buy Now173.14%Mizuho
Maheep Mandloi
→ $18Initiates → BuyGet Alert
11/09/2023Buy Now249.01%Truist Securities
Jordan Levy
$25 → $23MaintainsBuyGet Alert
11/08/2023Buy Now324.89%Cantor Fitzgerald
Derek Soderberg
→ $28ReiteratesOverweight → OverweightGet Alert
10/20/2023Buy Now400.76%Exane BNP Paribas
Moses Sutton
→ $33Initiates → OutperformGet Alert
10/19/2023Buy Now385.58%JP Morgan
Mark Strouse
$38 → $32MaintainsOverweightGet Alert
10/18/2023Buy Now294.54%Citigroup
Vikram Bagri
$34 → $26MaintainsBuyGet Alert
10/17/2023Buy Now218.66%Morgan Stanley
Stephen Biggar
$22 → $21MaintainsEqual-WeightGet Alert
10/11/2023Buy Now324.89%Goldman Sachs
Brian Lee
$27 → $28UpgradeNeutral → BuyGet Alert
10/06/2023Buy Now324.89%Piper Sandler
Kashy Harrison
→ $28UpgradeNeutral → OverweightGet Alert
10/05/2023Buy Now173.14%Northland Capital Markets
Donovan Schafer
$26 → $18DowngradeOutperform → Market PerformGet Alert
10/04/2023Buy Now279.36%Truist Securities
Jordan Levy
$30 → $25MaintainsBuyGet Alert
09/12/2023Buy Now355.24%Truist Securities
Jordan Levy
$35 → $30MaintainsBuyGet Alert
09/06/2023Buy Now233.84%Morgan Stanley
Stephen Biggar
$28 → $22MaintainsEqual-WeightGet Alert
09/05/2023Buy Now324.89%Cantor Fitzgerald
Derek Soderberg
$27 → $28UpgradeNeutral → OverweightGet Alert
08/04/2023Buy Now203.49%Barclays
Christine Cho
$19 → $20MaintainsUnderweightGet Alert
08/02/2023Buy Now537.33%Oppenheimer
Colin Rusch
→ $42ReiteratesOutperform → OutperformGet Alert
07/17/2023Buy Now324.89%Morgan Stanley
Stephen Biggar
$29 → $28MaintainsEqual-WeightGet Alert
05/10/2023Buy Now279.36%Goldman Sachs
Brian Lee
$22 → $25MaintainsNeutralGet Alert
05/09/2023Buy Now537.33%Oppenheimer
Colin Rusch
$41 → $42MaintainsOutperformGet Alert
05/09/2023Buy Now431.11%Truist Securities
Jordan Levy
$32 → $35MaintainsBuyGet Alert
05/09/2023Buy Now355.24%Guggenheim
Joseph Osha
→ $30UpgradeNeutral → BuyGet Alert
05/09/2023Buy Now355.24%Northland Capital Markets
Donovan Schafer
→ $30UpgradeMarket Perform → OutperformGet Alert
05/09/2023Buy Now279.36%Goldman Sachs
Brian Lee
$22 → $25MaintainsNeutralGet Alert
05/09/2023Buy Now309.71%Cantor Fitzgerald
Derek Soderberg
$30 → $27MaintainsNeutralGet Alert
05/02/2023Buy Now188.32%Barclays
Christine Cho
$27 → $19DowngradeEqual-Weight → UnderweightGet Alert
04/03/2023Buy Now340.06%Morgan Stanley
Stephen Biggar
$32 → $29MaintainsEqual-WeightGet Alert
03/30/2023Buy Now233.84%Goldman Sachs
Brian Lee
$20 → $22UpgradeSell → NeutralGet Alert
03/10/2023Buy Now415.93%Citigroup
Vikram Bagri
→ $34Initiates → BuyGet Alert
03/06/2023Buy Now340.06%Credit Suisse
Maheep Mandloi
→ $29Reiterates → OutperformGet Alert
03/01/2023Buy Now309.71%Northland Capital Markets
Donovan Schafer
→ $27DowngradeOutperform → Market PerformGet Alert
02/27/2023Buy Now385.58%Truist Securities
Jordan Levy
$30 → $32MaintainsBuyGet Alert
01/25/2023Buy Now355.24%Cantor Fitzgerald
Derek Soderberg
→ $30Initiates → NeutralGet Alert
01/20/2023Buy Now431.11%Cowen & Co.
Jeffrey Osborne
$37.5 → $35MaintainsOutperformGet Alert
01/17/2023Buy Now340.06%Credit Suisse
Maheep Mandloi
$26 → $29MaintainsOutperformGet Alert
01/10/2023Buy Now385.58%Morgan Stanley
Stephen Byrd
$36 → $32MaintainsEqual-WeightGet Alert
11/16/2022Buy Now355.24%Barclays
Christine Cho
$25 → $30MaintainsEqual-WeightGet Alert
11/15/2022Buy Now431.11%JP Morgan
Mark Strouse
$32 → $35MaintainsOverweightGet Alert
11/15/2022Buy Now203.49%Goldman Sachs
Brian Lee
$18 → $20MaintainsSellGet Alert
11/15/2022Buy Now355.24%Northland Capital Markets
Donovan Schafer
→ $30UpgradeMarket Perform → OutperformGet Alert
11/15/2022Buy Now355.24%Piper Sandler
Kashy Harrison
$28 → $30MaintainsNeutralGet Alert
10/20/2022Buy Now385.58%JP Morgan
Mark Strouse
$35 → $32MaintainsOverweightGet Alert
09/22/2022Buy Now446.28%Morgan Stanley
Stephen Byrd
$33 → $36MaintainsEqual-WeightGet Alert
09/16/2022Buy Now469.04%Cowen & Co.
Jeffrey Osborne
$29 → $37.5UpgradeMarket Perform → OutperformGet Alert
09/09/2022Buy NowGuggenheim
Joseph Osha
DowngradeBuy → NeutralGet Alert
09/08/2022Buy Now218.66%Goldman Sachs
Brian Lee
$23 → $21DowngradeBuy → SellGet Alert
08/18/2022Buy Now400.76%Morgan Stanley
Stephen Byrd
$21 → $33MaintainsEqual-WeightGet Alert
08/16/2022Buy Now355.24%Truist Securities
Bronson Fleig
$25 → $30MaintainsBuyGet Alert
08/16/2022Buy Now279.36%Barclays
Christine Cho
$24 → $25MaintainsEqual-WeightGet Alert
08/08/2022Buy Now431.11%JP Morgan
Mark Strouse
$31 → $35MaintainsOverweightGet Alert
08/05/2022Buy Now264.19%Barclays
Christine Cho
→ $24Initiates → Equal-WeightGet Alert
07/25/2022Buy Now203.49%Credit Suisse
Maheep Mandloi
$25 → $20MaintainsOutperformGet Alert
07/20/2022Buy Now370.41%JP Morgan
Mark Strouse
$27 → $31MaintainsOverweightGet Alert
07/19/2022Buy NowNorthland Capital Markets
Donovan Schafer
DowngradeOutperform → Market PerformGet Alert
07/19/2022Buy Now203.49%Piper Sandler
Kashy Harrison
$15 → $20MaintainsNeutralGet Alert
06/21/2022Buy Now233.84%Goldman Sachs
Brian Lee
$19 → $22MaintainsBuyGet Alert
06/13/2022Buy Now218.66%Morgan Stanley
Stephen Byrd
$25 → $21MaintainsEqual-WeightGet Alert
06/09/2022Buy Now279.36%Truist Securities
Bronson Fleig
$16 → $25UpgradeHold → BuyGet Alert
05/18/2022Buy Now142.79%Truist Securities
Bronson Fleig
$20 → $16MaintainsHoldGet Alert
05/18/2022Buy Now279.36%Credit Suisse
Maheep Mandloi
$31 → $25MaintainsOutperformGet Alert
05/17/2022Buy Now188.32%Guggenheim
Joseph Osha
$22 → $19MaintainsBuyGet Alert
05/10/2022Buy Now142.79%Northland Capital Markets
Donovan Schafer
→ $16Initiates → OutperformGet Alert
05/02/2022Buy Now203.49%Truist Securities
Tristan Richardson
→ $20Assumes → HoldGet Alert
04/19/2022Buy Now400.76%JP Morgan
Mark Strouse
$35 → $33MaintainsOverweightGet Alert
04/08/2022Buy Now142.79%Piper Sandler
Kashy Harrison
→ $16DowngradeOverweight → NeutralGet Alert
03/22/2022Buy Now279.36%Morgan Stanley
Stephen Byrd
$27 → $25MaintainsEqual-WeightGet Alert
03/11/2022Buy Now294.54%Piper Sandler
Kashy Harrison
$39 → $26MaintainsOverweightGet Alert
03/11/2022Buy Now233.84%Guggenheim
Joseph Osha
→ $22UpgradeNeutral → BuyGet Alert
01/24/2022Buy Now203.49%Truist Securities
Tristan Richardson
$34 → $20MaintainsHoldGet Alert
01/13/2022Buy Now309.71%Morgan Stanley
Stephen Byrd
$34 → $27MaintainsEqual-WeightGet Alert

FAQ

Q

What is the target price for Shoals Technologies Gr (SHLS) stock?

A

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.

Q

What is the most recent analyst rating for Shoals Technologies Gr (SHLS)?

A

The latest analyst rating for Shoals Technologies Gr (NASDAQ:SHLS) was provided by UBS, and Shoals Technologies Gr maintained their buy rating.

Q

When was the last upgrade for Shoals Technologies Gr (SHLS)?

A

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.

Q

When was the last downgrade for Shoals Technologies Gr (SHLS)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Shoals Technologies Gr (SHLS)?

A

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.

Q

Is the Analyst Rating Shoals Technologies Gr (SHLS) correct?

A

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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