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Shoals Technologies Gr Analyst Ratings and Price Targets | NASDAQ:SHLS | Benzinga
Shoals Technologies Group Inc has a consensus price target of $11.22 based on the ratings of 25 analysts. The high is $46 issued by Wells Fargo on October 14, 2024. The low is $3.4 issued by Jefferies on March 12, 2025. The 3 most-recent analyst ratings were released by Jefferies, UBS, and Piper Sandler on March 12, 2025, February 26, 2025, and February 26, 2025, respectively. With an average price target of $5.47 between Jefferies, UBS, and Piper Sandler, there's an implied 60.08% upside for Shoals Technologies Group Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Jefferies
UBS
Piper Sandler
Goldman Sachs
RBC Capital
1calculated from analyst ratings
Analyst Ratings for Shoals Technologies Gr
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 03/12/2025 | Buy Now | -0.44% | Jefferies | Julien Dumoulin-Smith67% | $4.6 → $3.4 | Maintains | Hold | Get Alert |
| 02/26/2025 | Buy Now | 104.98% | UBS | Jon Windham60% | $8 → $7 | Maintains | Buy | Get Alert |
| 02/26/2025 | Buy Now | 75.7% | Piper Sandler | Kashy Harrison41% | $8 → $6 | Maintains | Overweight | Get Alert |
| 02/26/2025 | Buy Now | 104.98% | Goldman Sachs | Brian Lee48% | $8 → $7 | Maintains | Buy | Get Alert |
| 02/26/2025 | Buy Now | 104.98% | RBC Capital | Christopher Dendrinos64% | $9 → $7 | Maintains | Outperform | Get Alert |
| 02/26/2025 | Buy Now | 31.77% | Roth MKM | Philip Shen45% | $5 → $4.5 | Maintains | Neutral | Get Alert |
| 02/18/2025 | Buy Now | — | Wolfe Research | Steve Fleishman54% | — | Initiates | → Peer Perform | Get Alert |
| 01/28/2025 | Buy Now | 192.83% | Oppenheimer | Colin Rusch54% | $11 → $10 | Maintains | Outperform | Get Alert |
| 01/24/2025 | Buy Now | 75.7% | Mizuho | Maheep Mandloi38% | $7 → $6 | Maintains | Outperform | Get Alert |
| 01/23/2025 | Buy Now | 192.83% | JP Morgan | Paul Coster68% | $11 → $10 | Maintains | Overweight | Get Alert |
| 01/22/2025 | Buy Now | 134.26% | Goldman Sachs | Brian Lee48% | $9 → $8 | Maintains | Buy | Get Alert |
| 01/17/2025 | Buy Now | 17.13% | Barclays | Christine Cho49% | $5 → $4 | Maintains | Equal-Weight | Get Alert |
| 01/16/2025 | Buy Now | 104.98% | Truist Securities | Jordan Levy34% | $8 → $7 | Maintains | Buy | Get Alert |
| 12/17/2024 | Buy Now | 104.98% | Morgan Stanley | Andrew Percoco40% | → $7 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 12/17/2024 | Buy Now | 163.54% | Goldman Sachs | Brian Lee48% | $10 → $9 | Maintains | Buy | Get Alert |
| 11/25/2024 | Buy Now | 75.7% | B of A Securities | Dimple Gosal4% | → $6 | Initiates | → Buy | Get Alert |
| 11/22/2024 | Buy Now | 134.26% | Piper Sandler | Kashy Harrison41% | $10 → $8 | Maintains | Overweight | Get Alert |
| 11/21/2024 | Buy Now | 104.98% | Guggenheim | Joseph Osha77% | $8 → $7 | Maintains | Buy | Get Alert |
| 11/15/2024 | Buy Now | 104.98% | Morgan Stanley | Stephen Biggar73% | $8 → $7 | Maintains | Equal-Weight | Get Alert |
| 11/13/2024 | Buy Now | 222.11% | TD Cowen | Jeffrey Osborne31% | $9.5 → $11 | Maintains | Buy | Get Alert |
| 11/13/2024 | Buy Now | 46.41% | Barclays | Christine Cho49% | $7 → $5 | Maintains | Equal-Weight | Get Alert |
| 10/17/2024 | Buy Now | 251.39% | JP Morgan | Paul Coster68% | $14 → $12 | Maintains | Overweight | Get Alert |
| 10/14/2024 | Buy Now | 1247% | Wells Fargo | Praneeth Satish55% | → $46 | Initiates | → Equal-Weight | Get Alert |
| 10/10/2024 | Buy Now | 104.98% | Barclays | Christine Cho49% | $7 → $7 | Maintains | Equal-Weight | Get Alert |
| 10/03/2024 | Buy Now | 61.05% | Citigroup | Vikram Bagri37% | $5 → $5.5 | Upgrade | Sell → Neutral | Get Alert |
| 09/17/2024 | Buy Now | 251.39% | Cantor Fitzgerald | Derek Soderberg32% | $12 → $12 | Reiterates | Overweight → Overweight | Get Alert |
| 09/10/2024 | Buy Now | 192.83% | Piper Sandler | Kashy Harrison41% | $8 → $10 | Maintains | Overweight | Get Alert |
| 09/06/2024 | Buy Now | 75.7% | Roth MKM | Philip Shen45% | $7 → $6 | Maintains | Neutral | Get Alert |
| 09/06/2024 | Buy Now | 134.26% | Truist Securities | Jordan Levy34% | $10 → $8 | Maintains | Buy | Get Alert |
| 09/06/2024 | Buy Now | 222.11% | RBC Capital | Chris Dendrinos33% | $11 → $11 | Reiterates | Outperform → Outperform | Get Alert |
| 09/04/2024 | Buy Now | 46.41% | Jefferies | Julien Dumoulin-Smith67% | → $5 | Initiates | → Hold | Get Alert |
| 08/08/2024 | Buy Now | 104.98% | Barclays | Christine Cho49% | $10 → $7 | Maintains | Equal-Weight | Get Alert |
| 08/08/2024 | Buy Now | 17.13% | Northland Capital Markets | Donovan Schafer44% | $6 → $4 | Maintains | Underperform | Get Alert |
| 08/07/2024 | Buy Now | 456.37% | JP Morgan | Mark Strouse59% | $23 → $19 | Maintains | Overweight | Get Alert |
| 08/07/2024 | Buy Now | 163.54% | UBS | Jon Windham60% | $12 → $9 | Maintains | Buy | Get Alert |
| 08/07/2024 | Buy Now | 192.83% | Truist Securities | Jordan Levy34% | $12 → $10 | Reiterates | Buy → Buy | Get Alert |
| 08/07/2024 | Buy Now | 134.26% | Piper Sandler | Kashy Harrison41% | $11 → $8 | Maintains | Overweight | Get Alert |
| 08/07/2024 | Buy Now | 251.39% | Oppenheimer | Colin Rusch54% | $14 → $12 | Maintains | Outperform | Get Alert |
| 07/18/2024 | Buy Now | 251.39% | UBS | Jon Windham60% | $20 → $12 | Maintains | Buy | Get Alert |
| 07/18/2024 | Buy Now | 192.83% | Barclays | Christine Cho49% | $12 → $10 | Maintains | Equal-Weight | Get Alert |
| 07/16/2024 | Buy Now | 573.5% | JP Morgan | Mark Strouse59% | $21 → $23 | Maintains | Overweight | Get Alert |
| 07/08/2024 | Buy Now | 280.67% | RBC Capital | Chris Dendrinos33% | $15 → $13 | Maintains | Outperform | Get Alert |
| 07/02/2024 | Buy Now | 46.41% | Citigroup | Vikram Bagri37% | $15 → $5 | Downgrade | Buy → Sell | Get Alert |
| 05/09/2024 | Buy Now | 251.39% | Barclays | Christine Cho49% | $13 → $12 | Maintains | Equal-Weight | Get Alert |
| 05/08/2024 | Buy Now | 222.11% | TD Cowen | Jeffrey Osborne31% | $15 → $11 | Maintains | Buy | Get Alert |
| 05/08/2024 | Buy Now | 309.96% | Cantor Fitzgerald | Derek Soderberg32% | $24 → $14 | Maintains | Overweight | Get Alert |
| 05/08/2024 | Buy Now | 222.11% | Piper Sandler | Kashy Harrison41% | $14 → $11 | Maintains | Overweight | Get Alert |
| 05/08/2024 | Buy Now | 75.7% | Northland Capital Markets | Donovan Schafer44% | $12 → $6 | Downgrade | Market Perform → Underperform | Get Alert |
| 05/08/2024 | Buy Now | 280.67% | Mizuho | Maheep Mandloi38% | $16 → $13 | Maintains | Buy | Get Alert |
| 05/08/2024 | Buy Now | 134.26% | Roth MKM | Philip Shen45% | $15 → $8 | Downgrade | Buy → Neutral | Get Alert |
| 05/07/2024 | Buy Now | 339.24% | Roth MKM | Philip Shen45% | $20 → $15 | Maintains | Buy | Get Alert |
| 04/19/2024 | Buy Now | 368.52% | Mizuho | Maheep Mandloi38% | $18 → $16 | Maintains | Buy | Get Alert |
| 04/11/2024 | Buy Now | 309.96% | Piper Sandler | Kashy Harrison41% | $16 → $14 | Maintains | Overweight | Get Alert |
| 03/13/2024 | Buy Now | 602.78% | Cantor Fitzgerald | Derek Soderberg32% | $24 → $24 | Reiterates | Overweight → Overweight | Get Alert |
| 03/11/2024 | Buy Now | 485.65% | Roth MKM | Philip Shen45% | $20 → $20 | Maintains | Buy | Get Alert |
| 03/05/2024 | Buy Now | 280.67% | Barclays | Christine Cho49% | $15 → $13 | Maintains | Equal-Weight | Get Alert |
| 03/01/2024 | Buy Now | 485.65% | UBS | Jon Windham60% | $28 → $20 | Maintains | Buy | Get Alert |
| 03/01/2024 | Buy Now | 573.5% | Goldman Sachs | Brian Lee48% | $26 → $23 | Maintains | Buy | Get Alert |
| 02/29/2024 | Buy Now | 602.78% | Cantor Fitzgerald | Derek Soderberg32% | $28 → $24 | Maintains | Overweight | Get Alert |
| 02/29/2024 | Buy Now | 397.8% | RBC Capital | Chris Dendrinos33% | $20 → $17 | Maintains | Outperform | Get Alert |
| 02/29/2024 | Buy Now | 661.35% | JP Morgan | Mark Strouse59% | $32 → $26 | Maintains | Overweight | Get Alert |
| 02/29/2024 | Buy Now | 397.8% | Oppenheimer | Colin Rusch54% | $42 → $17 | Maintains | Outperform | Get Alert |
| 02/29/2024 | Buy Now | 427.09% | Mizuho | Maheep Mandloi38% | $19 → $18 | Reiterates | Buy → Buy | Get Alert |
| 02/29/2024 | Buy Now | 485.65% | Truist Securities | Jordan Levy34% | $23 → $20 | Reiterates | Buy → Buy | Get Alert |
| 02/29/2024 | Buy Now | 368.52% | Piper Sandler | Kashy Harrison41% | $20 → $16 | Maintains | Overweight | Get Alert |
| 02/14/2024 | Buy Now | 485.65% | RBC Capital | Chris Dendrinos33% | → $20 | Initiates | → Outperform | Get Alert |
| 01/22/2024 | Buy Now | 339.24% | Barclays | Christine Cho49% | $17 → $15 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 01/03/2024 | Buy Now | 456.37% | Mizuho | Maheep Mandloi38% | $18 → $19 | Maintains | Buy | Get Alert |
| 12/08/2023 | Buy Now | 397.8% | Morgan Stanley | Stephen Biggar73% | $21 → $17 | Maintains | Equal-Weight | Get Alert |
| 11/21/2023 | Buy Now | 427.09% | Mizuho | Maheep Mandloi38% | → $18 | Initiates | → Buy | Get Alert |
| 11/09/2023 | Buy Now | 573.5% | Truist Securities | Jordan Levy34% | $25 → $23 | Maintains | Buy | Get Alert |
| 11/08/2023 | Buy Now | 719.91% | Cantor Fitzgerald | Derek Soderberg32% | → $28 | Reiterates | Overweight → Overweight | Get Alert |
| 10/20/2023 | Buy Now | 866.33% | Exane BNP Paribas | Moses Sutton72% | → $33 | Initiates | → Outperform | Get Alert |
| 10/19/2023 | Buy Now | 837.04% | JP Morgan | Mark Strouse59% | $38 → $32 | Maintains | Overweight | Get Alert |
| 10/18/2023 | Buy Now | 661.35% | Citigroup | Vikram Bagri37% | $34 → $26 | Maintains | Buy | Get Alert |
| 10/17/2023 | Buy Now | 514.93% | Morgan Stanley | Stephen Biggar73% | $22 → $21 | Maintains | Equal-Weight | Get Alert |
| 10/11/2023 | Buy Now | 719.91% | Goldman Sachs | Brian Lee48% | $27 → $28 | Upgrade | Neutral → Buy | Get Alert |
| 10/06/2023 | Buy Now | 719.91% | Piper Sandler | Kashy Harrison41% | → $28 | Upgrade | Neutral → Overweight | Get Alert |
| 10/05/2023 | Buy Now | 427.09% | Northland Capital Markets | Donovan Schafer44% | $26 → $18 | Downgrade | Outperform → Market Perform | Get Alert |
| 10/04/2023 | Buy Now | 632.06% | Truist Securities | Jordan Levy34% | $30 → $25 | Maintains | Buy | Get Alert |
| 09/12/2023 | Buy Now | 778.48% | Truist Securities | Jordan Levy34% | $35 → $30 | Maintains | Buy | Get Alert |
| 09/06/2023 | Buy Now | 544.22% | Morgan Stanley | Stephen Biggar73% | $28 → $22 | Maintains | Equal-Weight | Get Alert |
| 09/05/2023 | Buy Now | 719.91% | Cantor Fitzgerald | Derek Soderberg32% | $27 → $28 | Upgrade | Neutral → Overweight | Get Alert |
| 08/04/2023 | Buy Now | 485.65% | Barclays | Christine Cho49% | $19 → $20 | Maintains | Underweight | Get Alert |
| 08/02/2023 | Buy Now | 1129.87% | Oppenheimer | Colin Rusch54% | → $42 | Reiterates | Outperform → Outperform | Get Alert |
| 07/17/2023 | Buy Now | 719.91% | Morgan Stanley | Stephen Biggar73% | $29 → $28 | Maintains | Equal-Weight | Get Alert |
| 05/10/2023 | Buy Now | 632.06% | Goldman Sachs | Brian Lee48% | $22 → $25 | Maintains | Neutral | Get Alert |
| 05/09/2023 | Buy Now | 1129.87% | Oppenheimer | Colin Rusch54% | $41 → $42 | Maintains | Outperform | Get Alert |
| 05/09/2023 | Buy Now | 924.89% | Truist Securities | Jordan Levy34% | $32 → $35 | Maintains | Buy | Get Alert |
| 05/09/2023 | Buy Now | 778.48% | Guggenheim | Joseph Osha77% | → $30 | Upgrade | Neutral → Buy | Get Alert |
| 05/09/2023 | Buy Now | 778.48% | Northland Capital Markets | Donovan Schafer44% | → $30 | Upgrade | Market Perform → Outperform | Get Alert |
| 05/09/2023 | Buy Now | 632.06% | Goldman Sachs | Brian Lee48% | $22 → $25 | Maintains | Neutral | Get Alert |
| 05/09/2023 | Buy Now | 690.63% | Cantor Fitzgerald | Derek Soderberg32% | $30 → $27 | Maintains | Neutral | Get Alert |
| 05/02/2023 | Buy Now | 456.37% | Barclays | Christine Cho49% | $27 → $19 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 04/03/2023 | Buy Now | 749.19% | Morgan Stanley | Stephen Biggar73% | $32 → $29 | Maintains | Equal-Weight | Get Alert |
| 03/30/2023 | Buy Now | 544.22% | Goldman Sachs | Brian Lee48% | $20 → $22 | Upgrade | Sell → Neutral | Get Alert |
| 03/10/2023 | Buy Now | 895.61% | Citigroup | Vikram Bagri37% | → $34 | Initiates | → Buy | Get Alert |
| 03/06/2023 | Buy Now | 749.19% | Credit Suisse | Maheep Mandloi38% | → $29 | Reiterates | → Outperform | Get Alert |
| 03/01/2023 | Buy Now | 690.63% | Northland Capital Markets | Donovan Schafer44% | → $27 | Downgrade | Outperform → Market Perform | Get Alert |
| 02/27/2023 | Buy Now | 837.04% | Truist Securities | Jordan Levy34% | $30 → $32 | Maintains | Buy | Get Alert |
FAQ
What is the target price for Shoals Technologies Gr (SHLS) stock?
The latest price target for Shoals Technologies Gr (NASDAQ:SHLS) was reported by Jefferies on March 12, 2025. The analyst firm set a price target for $3.40 expecting SHLS to fall to within 12 months (a possible -0.44% downside). 53 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 Jefferies, and Shoals Technologies Gr maintained their hold rating.
When was the last upgrade for Shoals Technologies Gr (SHLS)?
The last upgrade for Shoals Technologies Group Inc happened on December 17, 2024 when Morgan Stanley raised their price target to $7. Morgan Stanley previously had an equal-weight 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 July 2, 2024 when Citigroup changed their price target from $15 to $5 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 March 12, 2025 so you should expect the next rating to be made available sometime around March 12, 2026.
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 $4.60 to $3.40. The current price Shoals Technologies Gr (SHLS) is trading at is $3.42, which is out of the analyst’s predicted range.
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