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NVDA   195.37 (+1.96%)
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AMD   75.15 (+3.73%)
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CGC   3.03 (+6.69%)
GE   80.48 (-0.43%)
DIS   108.49 (+0.84%)
AMC   5.35 (+6.79%)
PFE   44.16 (+1.40%)
PYPL   81.49 (+2.32%)
NFLX   353.86 (+0.21%)
QQQ   294.62 (+1.50%)
AAPL   144.29 (+0.90%)
MSFT   247.81 (+2.10%)
META   148.97 (+1.30%)
GOOGL   98.84 (+1.96%)
AMZN   103.13 (+2.57%)
TSLA   173.22 (+3.94%)
NVDA   195.37 (+1.96%)
NIO   12.07 (+0.42%)
BABA   110.20 (-0.90%)
AMD   75.15 (+3.73%)
T   20.37 (+1.04%)
MU   60.30 (-2.28%)
F   13.51 (+4.81%)
CGC   3.03 (+6.69%)
GE   80.48 (-0.43%)
DIS   108.49 (+0.84%)
AMC   5.35 (+6.79%)
PFE   44.16 (+1.40%)
PYPL   81.49 (+2.32%)
NFLX   353.86 (+0.21%)
QQQ   294.62 (+1.50%)
AAPL   144.29 (+0.90%)
MSFT   247.81 (+2.10%)
META   148.97 (+1.30%)
GOOGL   98.84 (+1.96%)
AMZN   103.13 (+2.57%)
TSLA   173.22 (+3.94%)
NVDA   195.37 (+1.96%)
NIO   12.07 (+0.42%)
BABA   110.20 (-0.90%)
AMD   75.15 (+3.73%)
T   20.37 (+1.04%)
MU   60.30 (-2.28%)
F   13.51 (+4.81%)
CGC   3.03 (+6.69%)
GE   80.48 (-0.43%)
DIS   108.49 (+0.84%)
AMC   5.35 (+6.79%)
PFE   44.16 (+1.40%)
PYPL   81.49 (+2.32%)
NFLX   353.86 (+0.21%)
NASDAQ:SHLS

Shoals Technologies Group - SHLS Price Target & Analyst Ratings

$27.89
+1.46 (+5.52%)
(As of 01/31/2023 05:19 PM ET)
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Compare
Today's Range
$26.31
$27.95
50-Day Range
$23.24
$31.03
52-Week Range
$9.58
$32.43
Volume
1.51 million shs
Average Volume
2.41 million shs
Market Capitalization
$4.67 billion
P/E Ratio
309.92
Dividend Yield
N/A
Price Target
$31.10

Shoals Technologies Group Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 13 Analyst Ratings

Consensus Analyst Price Target

$31.10
11.51% Upside
High Prediction$41.00
Average Prediction$31.10
Low Prediction$19.00
TypeCurrent
1/31/22 to 1/31/23
1 Month Ago
1/1/22 to 1/1/23
3 Months Ago
11/2/21 to 11/2/22
1 Year Ago
1/31/21 to 1/31/22
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
8 Buy rating(s)
Hold
6 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$31.10$31.00$28.64$37.00
Predicted Upside11.51% Upside31.02% Upside31.54% Upside24.62% Upside
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SHLS Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SHLS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Shoals Technologies Group Stock vs. The Competition

TypeShoals Technologies GroupOils/Energy CompaniesS&P 500
Consensus Rating Score
2.38
2.61
2.46
Consensus RatingHoldBuyHold
Predicted Upside13.67% Upside108.44% Upside10.22% Upside
News Sentiment RatingPositive News
Neutral News
Neutral News

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/25/2023Cantor Fitzgerald
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D. Soderberg
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Initiated CoverageNeutral$30.00+3.13%
1/20/2023Cowen
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 Lower TargetOutperform$37.50 ➝ $35.00+31.28%
1/17/2023Credit Suisse Group
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 Boost TargetOutperform$26.00 ➝ $29.00+2.40%
1/10/2023Morgan Stanley
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 Lower TargetEqual Weight$36.00 ➝ $32.00+37.34%
12/8/2022JPMorgan Chase & Co.
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 Boost Target$35.00 ➝ $36.00+54.91%
11/17/2022Oppenheimer
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 Boost Target$41.00+31.58%
11/16/2022Barclays
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 Boost TargetEqual Weight$25.00 ➝ $30.00+9.49%
11/15/2022The Goldman Sachs Group
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 Boost TargetSell$18.00 ➝ $20.00-28.39%
11/15/2022Northland Securities
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 UpgradeMarket Perform ➝ Outperform$30.00+33.51%
11/15/2022Piper Sandler
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 Boost TargetNeutral$28.00 ➝ $30.00+33.51%
9/16/2022Cowen
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 UpgradeMarket Perform ➝ Outperform$29.00 ➝ $37.50+51.33%
9/9/2022Guggenheim
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 DowngradeBuy ➝ Neutral
8/16/2022Roth Capital
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 Boost Target$20.00 ➝ $40.00+53.67%
8/16/2022Truist Financial
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 Boost TargetBuy$25.00 ➝ $30.00+19.76%
6/9/2022UBS Group
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 Boost Target$27.00+46.02%
3/30/2022Colliers Securities
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D. Soderberg
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Reiterated RatingNeutral
3/22/2021Johnson Rice
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 Initiated CoverageBuy$43.00+33.13%
(Data available from 1/31/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












SHLS Price Target - Frequently Asked Questions

What is Shoals Technologies Group's consensus rating and price target?

According to the issued ratings of 13 analysts in the last year, the consensus rating for Shoals Technologies Group stock is Hold based on the current 1 sell rating, 6 hold ratings and 6 buy ratings for SHLS. The average twelve-month price prediction for Shoals Technologies Group is $31.10 with a high price target of $41.00 and a low price target of $19.00. Learn more on SHLS's analyst rating history.

Do Wall Street analysts like Shoals Technologies Group more than its competitors?

Analysts like Shoals Technologies Group less than other Oils/Energy companies. The consensus rating for Shoals Technologies Group is Hold while the average consensus rating for oils/energy companies is Buy. Learn more on how SHLS compares to other companies.

Is Shoals Technologies Group being upgraded by Wall Street analysts?

Over the previous 90 days, Shoals Technologies Group's stock had 1 upgrade by analysts.

Does Shoals Technologies Group's stock price have much upside?

According to analysts, Shoals Technologies Group's stock has a predicted upside of 23.46% based on their 12-month price targets.

What analysts cover Shoals Technologies Group?

Stock Ratings Reports and Tools

This page (NASDAQ:SHLS) was last updated on 1/31/2023 by MarketBeat.com Staff