Shoals Technologies Group Inc Analyst Ratings

SHLSNASDAQ
$7.22
0.141.98%
Last update: Apr 21, 9:54 AM
Earnings: Q1 2026 Earnings in 14 days from now on Tue May 5th, before the market open
Consensus Rating1
Buy
Highest Price Target1
$12.00
Lowest Price Target1
$4.00
Consensus Price Target1
$8.62

Shoals Technologies Group Analyst Ratings and Price Targets | NASDAQ:SHLS | Benzinga

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.

Analyst Trends and Forecast

1
Dec 25
6
3
Feb
1
Mar
1
Apr
Buy
Hold
Sell
Strong Sell

Analyst Rating and Forecast

12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
Jefferies
Citigroup
UBS
Barclays

1calculated from analyst ratings

Analyst Ratings for Shoals Technologies Group

Loading calendar...

FAQ

Q

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

A

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.

Q

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

A

The latest analyst rating for Shoals Technologies Group (NASDAQ:SHLS) was provided by JP Morgan, and Shoals Technologies Group maintained their overweight rating.

Q

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

A

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.

Q

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

A

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.

Q

When is the next analyst rating going to be posted or updated for Shoals Technologies Group (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 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.

Q

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

A

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.