Shoals Technologies Group Inc (SHLS) Stock Forecast & Price Target
Shoals Technologies Group Inc · NASDAQ
$8.54-0.85 (-9.06%)
15-min delayed · Jul 28, 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 $10.58 sits 24% above the current $8.54. Sentiment has drifted a little more constructive lately, with Sell ratings easing from 1 to 0 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.12 next quarter toward $0.51 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 Jul, 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
$0.12
Range $0.07 – $0.14 · 16 analysts · -1% YoY
Next period, 16 analysts expect Shoals Technologies Group Inc to earn $0.12 a share (range $0.07 – $0.14), versus $0.12 a year earlier. Full-year consensus is $0.41, growing to $0.51 the year after.
REVENUE · NEXT QUARTER
$159.4M
Range $149.4M – $173.1M · 16 analysts · +17% YoY
Revenue is expected to reach $159.4M (range $149.4M – $173.1M), +17.4% year-over-year. Full-year consensus is $624.0M, rising to $680.7M 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
Colin Rusch
Oppenheimer · Rank #160
Buy
$11.00+28.9% to target
Overall win rate
39%
+ Follow
#2
Jon Windham
UBS
Buy
$12.00+40.6% to target
Coverage
—
+ Follow
#3
Mark Strouse
JP Morgan
Buy
$10.00+17.2% to target
Coverage
—
+ Follow
#4
BL
Brian Lee
Goldman Sachs
Buy
$13.00+52.3% to target
Coverage
—
+ Follow
#5
Julien Dumoulin-Smith
Jefferies
Buy
$12.00+40.6% 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 $10.58 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 $10.58.
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, Colin Rusch of Oppenheimer has the strongest overall Quantellect track record (Rank #160). Their current call is Buy with a $11.00 target.
What is Shoals Technologies Group Inc's projected EPS for next quarter?+
The consensus estimate is $0.12 per share (range $0.07 – $0.14) across 16 analysts. Full-year EPS is projected at $0.41, rising to $0.51 the following year.
How much revenue is Shoals Technologies Group Inc expected to report next quarter?+
Consensus revenue is $159.4M (range $149.4M – $173.1M). Full-year revenue is projected at $624.0M, growing to $680.7M next year.
Have analysts been upgrading or downgrading SHLS lately?+
As of Jul, 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.
