The latest price target for Shoals Technologies Gr (NASDAQ:SHLS) was reported by Cantor Fitzgerald on September 17, 2024. The analyst firm set a price target for $12.00 expecting SHLS to rise to within 12 months (a possible 95.76% upside). 55 analyst firms have reported ratings in the last year.

The latest analyst rating for Shoals Technologies Gr (NASDAQ:SHLS) was provided by Cantor Fitzgerald, and Shoals Technologies Gr reiterated their overweight 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 July 2, 2024 when Citigroup changed their price target from $15 to $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 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 September 17, 2024 so you should expect the next rating to be made available sometime around September 17, 2025.

While ratings are subjective and will change, the latest Shoals Technologies Gr (SHLS) rating was a reiterated with a price target of $12.00 to $12.00. The current price Shoals Technologies Gr (SHLS) is trading at is $6.13, which is out of the analyst’s predicted range.