Shoals Technologies Group Inc has a consensus price target of $22.13, established from looking at the 95 latest analyst ratings. The last 3 analyst ratings were released from Mizuho, Piper Sandler, and Cantor Fitzgerald on April 19, 2024, April 11, 2024, and March 13, 2024. With an average price target of $18 between Mizuho, Piper Sandler, and Cantor Fitzgerald, there's an implied 108.33% upside for Shoals Technologies Group Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/19/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 85.19% | Mizuho | Maheep Mandloi | $18 → $16 | Maintains | Buy | Get Alert |
04/11/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 62.04% | Piper Sandler | Kashy Harrison | $16 → $14 | Maintains | Overweight | Get Alert |
03/13/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 177.78% | Cantor Fitzgerald | Derek Soderberg | → $24 | Reiterates | Overweight → Overweight | Get Alert |
03/11/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 131.48% | Roth MKM | Philip Shen | $20 → $20 | Maintains | Buy | Get Alert |
03/05/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 50.46% | Barclays | Christine Cho | $15 → $13 | Maintains | Equal-Weight | Get Alert |
03/01/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 131.48% | UBS | Jon Windham | $28 → $20 | Maintains | Buy | Get Alert |
03/01/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 166.2% | Goldman Sachs | Brian Lee | $26 → $23 | Maintains | Buy | Get Alert |
02/29/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 177.78% | Cantor Fitzgerald | Derek Soderberg | $28 → $24 | Maintains | Overweight | Get Alert |
02/29/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 96.76% | RBC Capital | Chris Dendrinos | $20 → $17 | Maintains | Outperform | Get Alert |
02/29/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 200.93% | JP Morgan | Mark Strouse | $32 → $26 | Maintains | Overweight | Get Alert |
02/29/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 96.76% | Oppenheimer | Colin Rusch | $42 → $17 | Maintains | Outperform | Get Alert |
02/29/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 108.33% | Mizuho | Maheep Mandloi | $19 → $18 | Reiterates | Buy → Buy | Get Alert |
02/29/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 131.48% | Truist Securities | Jordan Levy | $23 → $20 | Reiterates | Buy → Buy | Get Alert |
02/29/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 85.19% | Piper Sandler | Kashy Harrison | $20 → $16 | Maintains | Overweight | Get Alert |
02/14/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 131.48% | RBC Capital | Chris Dendrinos | → $20 | Initiates | → Outperform | Get Alert |
01/22/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 73.61% | Barclays | Christine Cho | $17 → $15 | Upgrade | Underweight → Equal-Weight | Get Alert |
01/03/2024 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 119.91% | Mizuho | Maheep Mandloi | $18 → $19 | Maintains | Buy | Get Alert |
12/08/2023 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 96.76% | Morgan Stanley | Stephen Biggar | $21 → $17 | Maintains | Equal-Weight | Get Alert |
11/21/2023 | SHLS | Buy Now | Shoals Technologies Gr | $8.64 | 108.33% | Mizuho | Maheep Mandloi | → $18 | Initiates | → Buy | Get Alert |
The latest price target for Shoals Technologies Gr (NASDAQ: SHLS) was reported by Mizuho on April 19, 2024. The analyst firm set a price target for $16.00 expecting SHLS to rise to within 12 months (a possible 93.47% upside). 43 analyst firms have reported ratings in the last year.
The latest analyst rating for Shoals Technologies Gr (NASDAQ: SHLS) was provided by Mizuho, 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 October 5, 2023 when Northland Capital Markets changed their price target from $26 to $18 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 April 19, 2024 so you should expect the next rating to be made available sometime around April 19, 2025.
While ratings are subjective and will change, the latest Shoals Technologies Gr (SHLS) rating was a maintained with a price target of $18.00 to $16.00. The current price Shoals Technologies Gr (SHLS) is trading at is $8.27, which is out of the analyst’s predicted range.
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