Shoals Technologies Group Inc (SHLS) Stock Forecast & Price Target
Shoals Technologies Group Inc · NASDAQ
$7.07-0.35 (-4.78%)
15-min delayed · Sep 9, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 12 firms covering Shoals Technologies Group Inc, 9 rate it Buy or better, 3 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $8.50 to $13.00, a moderate spread. The average target of $10.67 sits 51% above the current $7.07. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.14 next quarter toward $0.55 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS12 ratings
Moderate Buy
Strong Buy00%
Buy975%
Hold325%
Sell00%
Strong Sell00%
Based on 12 analysts giving stock ratings to Shoals Technologies Group Inc.
As of Sep, 9 of 12 firms rate SHLS a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
SHLS EPS & revenue forecast
EPS · NEXT QUARTER
$0.14
Range $0.11 – $0.17 · 15 analysts · +36% YoY
Next period, 15 analysts expect Shoals Technologies Group Inc to earn $0.14 a share (range $0.11 – $0.17), versus $0.10 a year earlier. Full-year consensus is $0.44, growing to $0.55 the year after.
REVENUE · NEXT QUARTER
$162.1M
Range $156.0M – $168.2M · 15 analysts · +9% YoY
Revenue is expected to reach $162.1M (range $156.0M – $168.2M), +9.3% year-over-year. Full-year consensus is $626.1M, rising to $697.5M next year.
Top analysts covering Shoals Technologies Group Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on SHLS.
#1
Julien Dumoulin-Smith
Jefferies · Rank #151
Buy
$12.00+69.9% to target
Overall win rate
44%
+ Follow
#2
Colin Rusch
Oppenheimer · Rank #202
Buy
$11.00+55.7% to target
Overall win rate
38%
+ Follow
#3
BL
Brian Lee
Goldman Sachs
Buy
$13.00+84.0% to target
Coverage
—
+ Follow
#4
Mark Strouse
JP Morgan
Buy
$13.00+84.0% to target
Coverage
—
+ Follow
#5
Jon Windham
UBS
Buy
$12.00+69.9% to target
Coverage
—
+ Follow
SHLS stock forecast FAQ
What is SHLS's average 12-month price target?+
The 12 analysts with a live target average $10.67 for Shoals Technologies Group Inc over the next 12 months, ranging from a $13.00 high to a $8.50 low.
Is SHLS stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 12 analyst ratings, 9 are Buy or Strong Buy, 3 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for SHLS?+
The Street-high target is $13.00 (Goldman Sachs), and the Street-low is $8.50 (Morgan Stanley). The average of all 12 active targets is $10.67.
How many Wall Street analysts cover SHLS?+
12 analysts have an active rating on Shoals Technologies Group Inc, and 12 firms carry a live 12-month price target.
Who is the most accurate analyst covering SHLS?+
Among analysts who currently cover SHLS, Julien Dumoulin-Smith of Jefferies has the strongest overall Quantellect track record (Rank #151). Their current call is Buy with a $12.00 target.
What is Shoals Technologies Group Inc's projected EPS for next quarter?+
The consensus estimate is $0.14 per share (range $0.11 – $0.17) across 15 analysts. Full-year EPS is projected at $0.44, rising to $0.55 the following year.
How much revenue is Shoals Technologies Group Inc expected to report next quarter?+
Consensus revenue is $162.1M (range $156.0M – $168.2M). Full-year revenue is projected at $626.1M, growing to $697.5M next year.
Have analysts been upgrading or downgrading SHLS lately?+
As of Sep, 9 of 12 firms rate SHLS a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their SHLS calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
