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Shoals Technologies Group Inc has a consensus price target of $8.62 based on the ratings of 26 analysts. The high is $12 issued by Needham on February 25, 2026. The low is $4 issued by Exane BNP Paribas on May 15, 2025. The 3 most-recent analyst ratings were released by JP Morgan, Jefferies, and Citigroup on April 16, 2026, March 11, 2026, and February 26, 2026, respectively. With an average price target of $8.5 between JP Morgan, Jefferies, and Citigroup, there's an implied 17.73% upside for Shoals Technologies Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Shoals Technologies Group (NASDAQ:SHLS) was reported by JP Morgan on April 16, 2026. The analyst firm set a price target for $9.00 expecting SHLS to rise to within 12 months (a possible 24.65% upside). 34 analyst firms have reported ratings in the last year.
The latest analyst rating for Shoals Technologies Group (NASDAQ:SHLS) was provided by JP Morgan, and Shoals Technologies Group maintained their overweight rating.
The last upgrade for Shoals Technologies Group Inc happened on October 2, 2025 when Barclays raised their price target to $10. Barclays previously had an equal-weight for Shoals Technologies Group Inc.
The last downgrade for Shoals Technologies Group Inc happened on December 16, 2025 when Morgan Stanley changed their price target from $11 to $9.5 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 Group, 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 Group was filed on April 16, 2026 so you should expect the next rating to be made available sometime around April 16, 2027.
While ratings are subjective and will change, the latest Shoals Technologies Group (SHLS) rating was a maintained with a price target of $11.00 to $9.00. The current price Shoals Technologies Group (SHLS) is trading at is $7.22, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 04/16/2026 | Buy Now | 24.65% | JP Morgan | $11 → $9 | Maintains | Overweight | Get Alert |
| 03/11/2026 | Buy Now | 10.8% | Jefferies | $10 → $8 | Maintains | Buy | Get Alert |
| 02/26/2026 | Buy Now | 17.73% | Citigroup | $11 → $8.5 | Maintains | Neutral | Get Alert |
| 02/25/2026 | Buy Now | 52.35% | UBS | $12 → $11 | Maintains | Buy | Get Alert |
| 02/25/2026 | Buy Now | 24.65% | Barclays | $10 → $9 | Maintains | Overweight | Get Alert |
| 02/25/2026 | Buy Now | 24.65% | RBC Capital | $10 → $9 | Maintains | Outperform | Get Alert |
| 02/25/2026 | Buy Now | 17.73% | Morgan Stanley | $9.5 → $8.5 | Maintains | Equal-Weight | Get Alert |
| 02/25/2026 | Buy Now | 38.5% | Roth Capital | $15 → $10 | Maintains | Buy | Get Alert |
| 02/25/2026 | Buy Now | 24.65% | Wells Fargo | $10 → $9 | Maintains | Equal-Weight | Get Alert |
| 02/25/2026 | Buy Now | 52.35% | Guggenheim | $12 → $11 | Maintains | Buy | Get Alert |
| 02/25/2026 | Buy Now | 66.2% | Needham | $14 → $12 | Maintains | Buy | Get Alert |
| 12/16/2025 | Buy Now | 31.58% | Morgan Stanley | $11 → $9.5 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 11/11/2025 | Buy Now | 66.2% | Guggenheim | $8 → $12 | Maintains | Buy | Get Alert |
| 11/06/2025 | Buy Now | 38.5% | Wells Fargo | $6 → $10 | Maintains | Equal-Weight | Get Alert |
| 11/05/2025 | Buy Now | 66.2% | UBS | $9 → $12 | Maintains | Buy | Get Alert |
| 11/05/2025 | Buy Now | 107.76% | Roth Capital | $10 → $15 | Reiterates | Buy → Buy | Get Alert |
| 11/05/2025 | Buy Now | 52.35% | Goldman Sachs | $8 → $11 | Maintains | Buy | Get Alert |
| 10/22/2025 | Buy Now | 66.2% | Needham | → $12 | Initiates | → Buy | Get Alert |
| 10/16/2025 | Buy Now | 52.35% | Morgan Stanley | $7 → $11 | Maintains | Overweight | Get Alert |
| 10/16/2025 | Buy Now | 52.35% | JP Morgan | $9 → $11 | Maintains | Overweight | Get Alert |
| 10/02/2025 | Buy Now | 38.5% | Barclays | $7 → $10 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 10/01/2025 | Buy Now | 24.65% | UBS | $7 → $9 | Maintains | Buy | Get Alert |
| 09/19/2025 | Buy Now | 24.65% | JP Morgan | $8 → $9 | Maintains | Overweight | Get Alert |
| 09/11/2025 | Buy Now | 10.8% | Goldman Sachs | $7 → $8 | Maintains | Buy | Get Alert |
| 09/08/2025 | Buy Now | 24.65% | Jefferies | $6 → $9 | Maintains | Buy | Get Alert |
| 08/06/2025 | Buy Now | -3.05% | UBS | $7.5 → $7 | Maintains | Buy | Get Alert |
| 08/06/2025 | Buy Now | 10.8% | Guggenheim | $6 → $8 | Maintains | Buy | Get Alert |
| 07/18/2025 | Buy Now | -3.05% | Barclays | $4 → $7 | Maintains | Equal-Weight | Get Alert |
| 07/07/2025 | Buy Now | -0.28% | Jefferies | $4.9 → $7.2 | Upgrade | Hold → Buy | Get Alert |
| 06/02/2025 | Buy Now | -3.05% | Mizuho | $6 → $7 | Maintains | Outperform | Get Alert |
| 05/15/2025 | Buy Now | -44.6% | Exane BNP Paribas | $4.5 → $4 | Downgrade | Neutral → Underperform | Get Alert |
| 05/09/2025 | Buy Now | -16.9% | Guggenheim | $5 → $6 | Maintains | Buy | Get Alert |
| 05/07/2025 | Buy Now | -16.9% | Goldman Sachs | $5 → $6 | Maintains | Buy | Get Alert |
| 05/07/2025 | Buy Now | -23.82% | Citigroup | $4.5 → $5.5 | Maintains | Neutral | Get Alert |
| 03/12/2025 | Buy Now | -52.91% | Jefferies | $4.6 → $3.4 | Maintains | Hold | Get Alert |
| 02/28/2025 | Buy Now | -30.75% | Guggenheim | $6 → $5 | Maintains | Buy | Get Alert |
| 02/26/2025 | Buy Now | -3.05% | UBS | $8 → $7 | Maintains | Buy | Get Alert |
| 02/26/2025 | Buy Now | -16.9% | Piper Sandler | $8 → $6 | Maintains | Overweight | Get Alert |
| 02/26/2025 | Buy Now | -3.05% | Goldman Sachs | $8 → $7 | Maintains | Buy | Get Alert |
| 02/26/2025 | Buy Now | -3.05% | RBC Capital | $9 → $7 | Maintains | Outperform | Get Alert |
| 02/26/2025 | Buy Now | -37.67% | Roth MKM | $5 → $4.5 | Maintains | Neutral | Get Alert |
| 02/18/2025 | Buy Now | — | Wolfe Research | — | Initiates | → Peer Perform | Get Alert |
| 01/28/2025 | Buy Now | 38.5% | Oppenheimer | $11 → $10 | Maintains | Outperform | Get Alert |
| 01/24/2025 | Buy Now | -16.9% | Mizuho | $7 → $6 | Maintains | Outperform | Get Alert |
| 01/23/2025 | Buy Now | 38.5% | JP Morgan | $11 → $10 | Maintains | Overweight | Get Alert |
| 01/22/2025 | Buy Now | 10.8% | Goldman Sachs | $9 → $8 | Maintains | Buy | Get Alert |
| 01/17/2025 | Buy Now | -44.6% | Barclays | $5 → $4 | Maintains | Equal-Weight | Get Alert |
| 01/16/2025 | Buy Now | -3.05% | Truist Securities | $8 → $7 | Maintains | Buy | Get Alert |
| 12/17/2024 | Buy Now | -3.05% | Morgan Stanley | → $7 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 12/17/2024 | Buy Now | 24.65% | Goldman Sachs | $10 → $9 | Maintains | Buy | Get Alert |
| 11/25/2024 | Buy Now | -16.9% | B of A Securities | → $6 | Initiates | → Buy | Get Alert |
| 11/22/2024 | Buy Now | 10.8% | Piper Sandler | $10 → $8 | Maintains | Overweight | Get Alert |
| 11/21/2024 | Buy Now | -3.05% | Guggenheim | $8 → $7 | Maintains | Buy | Get Alert |
| 11/15/2024 | Buy Now | -3.05% | Morgan Stanley | $8 → $7 | Maintains | Equal-Weight | Get Alert |
| 11/13/2024 | Buy Now | 52.35% | TD Cowen | $9.5 → $11 | Maintains | Buy | Get Alert |
| 11/13/2024 | Buy Now | -30.75% | Barclays | $7 → $5 | Maintains | Equal-Weight | Get Alert |
| 10/17/2024 | Buy Now | 66.2% | JP Morgan | $14 → $12 | Maintains | Overweight | Get Alert |
| 10/14/2024 | Buy Now | 537.12% | Wells Fargo | → $46 | Initiates | → Equal-Weight | Get Alert |
| 10/10/2024 | Buy Now | -3.05% | Barclays | $7 → $7 | Maintains | Equal-Weight | Get Alert |
| 10/03/2024 | Buy Now | -23.82% | Citigroup | $5 → $5.5 | Upgrade | Sell → Neutral | Get Alert |
| 09/17/2024 | Buy Now | 66.2% | Cantor Fitzgerald | $12 → $12 | Reiterates | Overweight → Overweight | Get Alert |
| 09/10/2024 | Buy Now | 38.5% | Piper Sandler | $8 → $10 | Maintains | Overweight | Get Alert |
| 09/06/2024 | Buy Now | -16.9% | Roth MKM | $7 → $6 | Maintains | Neutral | Get Alert |
| 09/06/2024 | Buy Now | 10.8% | Truist Securities | $10 → $8 | Maintains | Buy | Get Alert |
| 09/06/2024 | Buy Now | 52.35% | RBC Capital | $11 → $11 | Reiterates | Outperform → Outperform | Get Alert |
| 09/04/2024 | Buy Now | -30.75% | Jefferies | → $5 | Initiates | → Hold | Get Alert |
| 08/08/2024 | Buy Now | -3.05% | Barclays | $10 → $7 | Maintains | Equal-Weight | Get Alert |
| 08/08/2024 | Buy Now | -44.6% | Northland Capital Markets | $6 → $4 | Maintains | Underperform | Get Alert |
| 08/07/2024 | Buy Now | — | Exane BNP Paribas | — | Downgrade | Outperform → Neutral | Get Alert |
| 08/07/2024 | Buy Now | 163.16% | JP Morgan | $23 → $19 | Maintains | Overweight | Get Alert |
| 08/07/2024 | Buy Now | 24.65% | UBS | $12 → $9 | Maintains | Buy | Get Alert |
| 08/07/2024 | Buy Now | 38.5% | Truist Securities | $12 → $10 | Reiterates | Buy → Buy | Get Alert |
| 08/07/2024 | Buy Now | 10.8% | Piper Sandler | $11 → $8 | Maintains | Overweight | Get Alert |
| 08/07/2024 | Buy Now | 66.2% | Oppenheimer | $14 → $12 | Maintains | Outperform | Get Alert |
| 07/18/2024 | Buy Now | 66.2% | UBS | $20 → $12 | Maintains | Buy | Get Alert |
| 07/18/2024 | Buy Now | 38.5% | Barclays | $12 → $10 | Maintains | Equal-Weight | Get Alert |
| 07/16/2024 | Buy Now | 218.56% | JP Morgan | $21 → $23 | Maintains | Overweight | Get Alert |
| 07/08/2024 | Buy Now | 80.06% | RBC Capital | $15 → $13 | Maintains | Outperform | Get Alert |
| 07/02/2024 | Buy Now | -30.75% | Citigroup | $15 → $5 | Downgrade | Buy → Sell | Get Alert |
| 05/09/2024 | Buy Now | 66.2% | Barclays | $13 → $12 | Maintains | Equal-Weight | Get Alert |
| 05/08/2024 | Buy Now | 52.35% | TD Cowen | $15 → $11 | Maintains | Buy | Get Alert |
| 05/08/2024 | Buy Now | 93.91% | Cantor Fitzgerald | $24 → $14 | Maintains | Overweight | Get Alert |
| 05/08/2024 | Buy Now | 52.35% | Piper Sandler | $14 → $11 | Maintains | Overweight | Get Alert |
| 05/08/2024 | Buy Now | -16.9% | Northland Capital Markets | $12 → $6 | Downgrade | Market Perform → Underperform | Get Alert |
| 05/08/2024 | Buy Now | 80.06% | Mizuho | $16 → $13 | Maintains | Buy | Get Alert |
| 05/08/2024 | Buy Now | 10.8% | Roth MKM | $15 → $8 | Downgrade | Buy → Neutral | Get Alert |
| 05/07/2024 | Buy Now | 107.76% | Roth MKM | $20 → $15 | Maintains | Buy | Get Alert |
| 04/19/2024 | Buy Now | 121.61% | Mizuho | $18 → $16 | Maintains | Buy | Get Alert |
| 04/11/2024 | Buy Now | 93.91% | Piper Sandler | $16 → $14 | Maintains | Overweight | Get Alert |
| 03/13/2024 | Buy Now | 232.41% | Cantor Fitzgerald | $24 → $24 | Reiterates | Overweight → Overweight | Get Alert |
| 03/11/2024 | Buy Now | 177.01% | Roth MKM | $20 → $20 | Maintains | Buy | Get Alert |
| 03/05/2024 | Buy Now | 80.06% | Barclays | $15 → $13 | Maintains | Equal-Weight | Get Alert |
| 03/01/2024 | Buy Now | 177.01% | UBS | $28 → $20 | Maintains | Buy | Get Alert |
| 03/01/2024 | Buy Now | 218.56% | Goldman Sachs | $26 → $23 | Maintains | Buy | Get Alert |
| 02/29/2024 | Buy Now | 232.41% | Cantor Fitzgerald | $28 → $24 | Maintains | Overweight | Get Alert |
| 02/29/2024 | Buy Now | 135.46% | RBC Capital | $20 → $17 | Maintains | Outperform | Get Alert |
| 02/29/2024 | Buy Now | 260.11% | JP Morgan | $32 → $26 | Maintains | Overweight | Get Alert |
| 02/29/2024 | Buy Now | 135.46% | Oppenheimer | $42 → $17 | Maintains | Outperform | Get Alert |
| 02/29/2024 | Buy Now | 149.31% | Mizuho | $19 → $18 | Reiterates | Buy → Buy | Get Alert |
| 02/29/2024 | Buy Now | 177.01% | Truist Securities | $23 → $20 | Reiterates | Buy → Buy | Get Alert |