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SHLS Stock Forecast & Price Target

SHLS Analyst Ratings

Based on 24 analyst ratings
Buy
Strong Buy 38%
Buy 38%
Hold 17%
Sell 8%
Strong Sell 0%

Bulls say

Shoals Technologies Group demonstrated a significant increase in backlog and awarded orders, reaching $634.7 million, which reflects a positive trend compared to the previous quarter. The company's non-Blattner revenues in the fourth quarter of 2024 rose by 20% year-over-year, signaling the effectiveness of the new commercial strategy under the current CEO. Furthermore, the strong bookings of $145 million and a book-to-bill ratio of 1.36x highlight the firm's robust demand in a growing market, supported by forecasts indicating substantial growth in utility-scale solar and EV charging sectors over the coming years.

Bears say

Shoals Technologies Group has revised its revenue and adjusted EBITDA guidance for Q1 2025, reflecting a significant decline, with revenue expected to be approximately 25% below prior consensus estimates. The company's largest customer has experienced a substantial 41% year-over-year revenue drop, indicating potential risks to sales stability. Additionally, projected lower margins for the first half of 2025, exacerbated by challenges in international expansion and adverse product mix effects, contribute to a negative outlook on the stock's performance.

SHLS has been analyzed by 24 analysts, with a consensus rating of Buy. 38% of analysts recommend a Strong Buy, 38% recommend Buy, 17% suggest Holding, 8% 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.

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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 24 analysts, SHLS has a Buy consensus rating as of Jul 23, 2025. 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 $13.55, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $13.55, 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)


Order type

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Order amount

Est. shares

0 shares

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