Shoals Technologies Gr
(NASDAQ:SHLS)
$11.74
-0.02[-0.17%]
Last update: 9:25AM Get Real Time Here
Consensus Rating1
Buy
Highest Price Target1
$35.00
Lowest Price Target1
$13.00
Consensus Price Target1
$22.30

Shoals Technologies Gr Stock (NASDAQ:SHLS), Analyst Ratings, Price Targets, Predictions

Shoals Technologies Group Inc has a consensus price target of $22.3, established from looking at the 94 latest analyst ratings. The last 3 analyst ratings were released from Cantor Fitzgerald, Roth MKM, and Barclays on March 13, 2024, March 11, 2024, and March 5, 2024. With an average price target of $19 between Cantor Fitzgerald, Roth MKM, and Barclays, there's an implied 66.52% upside for Shoals Technologies Group Inc from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Oct 23
6
2
Nov 23
3
Dec 23
1
Jan
1
1
Feb
8
Mar
4
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Cantor Fitzgerald
Roth MKM
Barclays
UBS
Goldman Sachs

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Shoals Technologies Gr

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
03/13/2024SHLSBuy Now
Shoals Technologies Gr
$11.41110.34%Cantor Fitzgerald
Derek Soderberg
→ $24ReiteratesOverweight → OverweightGet Alert
03/11/2024SHLSBuy Now
Shoals Technologies Gr
$11.4175.28%Roth MKM
Philip Shen
$20 → $20MaintainsBuyGet Alert
03/05/2024SHLSBuy Now
Shoals Technologies Gr
$11.4113.94%Barclays
Christine Cho
$15 → $13MaintainsEqual-WeightGet Alert
03/01/2024SHLSBuy Now
Shoals Technologies Gr
$11.4175.28%UBS
Jon Windham
$28 → $20MaintainsBuyGet Alert
03/01/2024SHLSBuy Now
Shoals Technologies Gr
$11.41101.58%Goldman Sachs
Brian Lee
$26 → $23MaintainsBuyGet Alert
02/29/2024SHLSBuy Now
Shoals Technologies Gr
$11.41110.34%Cantor Fitzgerald
Derek Soderberg
$28 → $24MaintainsOverweightGet Alert
02/29/2024SHLSBuy Now
Shoals Technologies Gr
$11.4148.99%RBC Capital
Chris Dendrinos
$20 → $17MaintainsOutperformGet Alert
02/29/2024SHLSBuy Now
Shoals Technologies Gr
$11.41127.87%JP Morgan
Mark Strouse
$32 → $26MaintainsOverweightGet Alert
02/29/2024SHLSBuy Now
Shoals Technologies Gr
$11.4148.99%Oppenheimer
Colin Rusch
$42 → $17MaintainsOutperformGet Alert
02/29/2024SHLSBuy Now
Shoals Technologies Gr
$11.4157.76%Mizuho
Maheep Mandloi
$19 → $18ReiteratesBuy → BuyGet Alert
02/29/2024SHLSBuy Now
Shoals Technologies Gr
$11.4175.28%Truist Securities
Jordan Levy
$23 → $20ReiteratesBuy → BuyGet Alert
02/29/2024SHLSBuy Now
Shoals Technologies Gr
$11.4140.23%Piper Sandler
Kashy Harrison
$20 → $16MaintainsOverweightGet Alert
02/14/2024SHLSBuy Now
Shoals Technologies Gr
$11.4175.28%RBC Capital
Chris Dendrinos
→ $20Initiates → OutperformGet Alert
01/22/2024SHLSBuy Now
Shoals Technologies Gr
$11.4131.46%Barclays
Christine Cho
$17 → $15UpgradeUnderweight → Equal-WeightGet Alert
01/03/2024SHLSBuy Now
Shoals Technologies Gr
$11.4166.52%Mizuho
Maheep Mandloi
$18 → $19MaintainsBuyGet Alert
12/08/2023SHLSBuy Now
Shoals Technologies Gr
$11.4148.99%Morgan Stanley
Stephen Biggar
$21 → $17MaintainsEqual-WeightGet Alert
11/21/2023SHLSBuy Now
Shoals Technologies Gr
$11.4157.76%Mizuho
Maheep Mandloi
→ $18Initiates → BuyGet Alert
11/09/2023SHLSBuy Now
Shoals Technologies Gr
$11.41101.58%Truist Securities
Jordan Levy
$25 → $23MaintainsBuyGet Alert
11/08/2023SHLSBuy Now
Shoals Technologies Gr
$11.41145.4%Cantor Fitzgerald
Derek Soderberg
→ $28ReiteratesOverweight → OverweightGet Alert

FAQ

Q

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

A

The latest price target for Shoals Technologies Gr (NASDAQ: SHLS) was reported by Cantor Fitzgerald on March 13, 2024. The analyst firm set a price target for $24.00 expecting SHLS to rise to within 12 months (a possible 104.43% upside). 43 analyst firms have reported ratings in the last year.

Q

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

A

The latest analyst rating for Shoals Technologies Gr (NASDAQ: SHLS) was provided by Cantor Fitzgerald, and Shoals Technologies Gr reiterated their overweight rating.

Q

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

A

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.

Q

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

A

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.

Q

When is the next analyst rating going to be posted or updated for Shoals Technologies Gr (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 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 13, 2024 so you should expect the next rating to be made available sometime around March 13, 2025.

Q

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

A

While ratings are subjective and will change, the latest Shoals Technologies Gr (SHLS) rating was a reiterated with a price target of $0.00 to $24.00. The current price Shoals Technologies Gr (SHLS) is trading at is $11.74, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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