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SHLS
Volume: 1.17K

SHLS Stock Forecast & Price Target

SHLS Analyst Ratings

Based on 14 analyst ratings
Buy
Strong Buy 43%
Buy 29%
Hold 29%
Sell 0%
Strong Sell 0%

Bulls say

Shoals Technologies Group is viewed favorably because 3Q26 showed clear operating momentum, with record revenue of $195mm, adjusted EBITDA of $39.8mm, and raised FY26 guidance, while adjusted gross margin improved to 32.0% as Tennessee transition inefficiencies began to ease. Its outlook is further supported by a durable competitive moat from proprietary EBOS products and patents, strong U.S. market share, and exposure to policy-backed utility-scale solar demand and other growth markets. Backlog and awarded orders of $792mm, plus the announced all-stock merger with ARRY and expected synergy potential, strengthen the long-term earnings profile and broaden the company’s competitive reach.

Bears say

Shoals Technologies Group is facing a fundamentally कमजोर outlook because its downside case already assumes revenues 3% below and margins 2 percentage points below the base case, while the valuation framework compresses to a 9.5x EV/EBITDA multiple. Patent infringement disputes with Voltage, LLC and Hikam America remain unresolved, and any unsuccessful rulings in 2025 could impair its competitive position and pricing power in the EBOS market. In addition, CBP withholding of Southeast Asia panel imports may delay projects, while reliance on trade secrets, uncertain BLA adoption, and execution risk in battery storage and EV-charging markets threaten long-term growth and profitability.

SHLS has been analyzed by 14 analysts, with a consensus rating of Buy. 43% of analysts recommend a Strong Buy, 29% recommend Buy, 29% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Shoals Technologies Group and is not a guaranteed prediction by Public.com or investment advice.

SHLS Analyst Forecast & Price Prediction

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FAQs About Shoals Technologies Group (SHLS) Forecast

Analysts have given SHLS a Buy based on their latest research and market trends.

According to 14 analysts, SHLS has a Buy consensus rating as of Nov 13, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $10.93, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $10.93, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Shoals Technologies Group (SHLS)

Volume: 1.17K

SHLS Analyst Forecast & Price Prediction

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