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SHLS
(NASDAQ)
Shoals Technologies Group, Inc.
$6.82-- (--)
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Shoals Technologies Group, Inc. (SHLS) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Shoals Technologies Group, Inc. stock.

Analyst Consensus Rating

Investment consensus from 10 professional research analysts

Consensus Rating

Strong Buy
Based on 10 unique analysts
High Confidence:1 Buy/Sell

Average Price Target

$9.60
40.76% Upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest SHLS Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Julien Dumoulin-Smith
Jefferies
Strong BuyMaintains
$10.00 $8.00
Vikram Bagri
Citi
HoldMaintains
$11.00 $8.50
Philip Shen
Roth Capital
Strong BuyMaintains
$15.00 $10.00
Joseph Osha
Guggenheim
Strong BuyMaintains
$12.00 $11.00
Christine Cho
Barclays
BuyMaintains
$10.00 $9.00
Jon Windham
UBS
Strong BuyMaintains
$12.00 $11.00
Praneeth Satish
Wells Fargo
HoldMaintains
$10.00 $9.00
Sean Milligan
Needham
Strong BuyMaintains
$14.00 $12.00
Christopher Dendrinos
RBC Capital
BuyMaintains
$10.00 $9.00
Andrew Percoco
Morgan Stanley
HoldMaintains
$9.50 $8.50

Frequently Asked Questions

What is the analyst consensus rating for SHLS?

The analyst consensus rating for SHLS is "Strong Buy" based on 10 analyst recommendations.

What is the average price target for SHLS?

The average 12-month price target for SHLS is $9.60, representing an upside of 40.8% from the current price of $6.82.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.