← ANALYST RATINGS · TIPRANKS
Shoals Technologies Group (SHLS): analyst forecast and price target
Analyst consensus
Strong Buy5 Buy1 Hold0 Sell
Ratings of 6 analysts in the last 3 months · top analysts only12-month forecast
Based on 6 price targets given in the last 3 months, the average target is $11.83, the highest $15.00, the lowest $10.00. The average is +65.0% from the last price of $7.17.
Analyst ratings 22
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| AI xAi SolarxAI Grok-3 | TipRanks - xAI | $9.00 → $7.50−16.7% | Hold | +4.6% | Reiterated | 17.10.26on TipRanks 05:06 | — | |
| AI DeepSeek SolarDeepSeek R1-0528 | TipRanks - DeepSeek | $9.00 → $7.50−16.7% | Hold | +4.6% | Reiterated | 17.10.26on TipRanks 05:06 | — | |
| AI OpenAI SolarOpenAI 4o | TipRanks - OpenAI | $9.00 → $7.50−16.7% | Hold | +4.6% | Reiterated | 17.10.26on TipRanks 05:06 | — | |
| AI Anthropic SolarAnthropic Opus-4.1 | TipRanks - Anthropic | $8.50 → $7.00−17.6% | Hold | −2.4% | Reiterated | 17.10.26on TipRanks 05:06 | — | |
| AI Google SolarGemini 2.5Pro | TipRanks - Google | $9.00 → $7.50−16.7% | Hold | +4.6% | Reiterated | 17.10.26on TipRanks 05:06 | — | |
| AI PerPlexity SolarPerPlexity SonarPro | TipRanks - PerPlexity | $9.00 → $7.50−16.7% | Hold | +4.6% | Reiterated | 17.10.26on TipRanks 05:06 | — | |
| Maheep Mandloi★★★★★★★★★★#5687 · hits 45% · avg +1.6% | Mizuho Securities | $11.00 → $10.00−9.1% | Hold | +39.5% | Reiterated | 16.10.26on TipRanks 07:35 | −6.5% | ↗ |
| Julien Dumoulin Smith★★★★★★★★★★#774 · hits 62% · avg +8.9% | Jefferies | $12.00 → $11.00−8.3% | Buy | +53.4% | Reiterated | 14.10.26on TipRanks 09:15 | −8.3%next day −1.3% | ↗ |
| AI Google SolarGemini 2.5Pro | TipRanks - Google | $9.50 → $9.00−5.3% | Hold | +25.5% | Reiterated | 14.10.26on TipRanks Oct 13 22:05 | — | |
| AI DeepSeek SolarDeepSeek R1-0528 | TipRanks - DeepSeek | $8.50 → $9.00+5.9% | Hold | +25.5% | Reiterated | 11.10.26on TipRanks 08:05 | — | |
| AI OpenAI SolarOpenAI 4o | TipRanks - OpenAI | $8.50 → $9.00+5.9% | Hold | +25.5% | Reiterated | 11.10.26on TipRanks 08:05 | — | |
| AI Google SolarGemini 2.5Pro | TipRanks - Google | $9.00 → $9.50+5.6% | Hold | +32.5% | Reiterated | 11.10.26on TipRanks 08:05 | — | |
| AI PerPlexity SolarPerPlexity SonarPro | TipRanks - PerPlexity | $8.50 → $9.00+5.9% | Hold | +25.5% | Reiterated | 11.10.26on TipRanks 08:05 | — | |
| Chris Dendrinos★★★★★★★★★★#212 · hits 54% · avg +47.1% | RBC Capital | $10.00 | Buy | +39.5% | Reiterated | 09.10.26on TipRanks Oct 12 21:45 | +3.2%next day −1.1% · 5 days −16.0% | ↗ |
| Joseph Osha★★★★★★★★★★#833 · hits 52% · avg +14.9% | Guggenheim | $12.00 | Buy | +67.4% | Reiterated | 09.10.26on TipRanks 08:50 | +3.2%next day −1.1% · 5 days −16.0% | ↗ |
| AI DeepSeek SolarDeepSeek R1-0528 | TipRanks - DeepSeek | $9.00 → $8.50−5.6% | Hold | +18.5% | Reiterated | 09.10.26on TipRanks Oct 8 23:05 | — | |
| AI xAi SolarxAI Grok-3 | TipRanks - xAI | $8.50 → $9.00+5.9% | Hold | +25.5% | Reiterated | 08.10.26on TipRanks Oct 7 21:05 | — | |
| AI DeepSeek SolarDeepSeek R1-0528 | TipRanks - DeepSeek | $8.50 → $9.00+5.9% | Hold | +25.5% | Reiterated | 08.10.26on TipRanks Oct 7 21:05 | — | |
| AI Anthropic SolarAnthropic Opus-4.1 | TipRanks - Anthropic | $8.00 → $8.50+6.2% | Hold | +18.5% | Reiterated | 08.10.26on TipRanks Oct 7 21:05 | — | |
| AI Google SolarGemini 2.5Pro | TipRanks - Google | $8.50 → $9.00+5.9% | Hold | +25.5% | Reiterated | 08.10.26on TipRanks Oct 7 21:05 | — | |
| Christine Cho CFA★★★★★★★★★★#9787 · hits 45% · avg −0.5% | Barclays | $10.00 → $11.00+10.0% | Buy | +53.4% | Reiterated | 07.10.26on TipRanks 07:55 | −0.9%next day +0.8% · 5 days −5.6% | ↗ |
| AI Anthropic SolarAnthropic Opus-4.1 | TipRanks - Anthropic | $8.50 → $8.00−5.9% | Hold | +11.6% | Reiterated | 06.10.26on TipRanks 17:05 | — | |
| AI Google SolarGemini 2.5Pro | TipRanks - Google | $9.00 → $8.50−5.6% | Hold | +18.5% | Reiterated | 06.10.26on TipRanks 17:05 | — | |
| AI Anthropic SolarAnthropic Opus-4.1 | TipRanks - Anthropic | $8.00 → $8.50+6.2% | Hold | +18.5% | Reiterated | 03.10.26on TipRanks 04:05 | — | |
| AI Google SolarGemini 2.5Pro | TipRanks - Google | $8.50 → $9.00+5.9% | Hold | +25.5% | Reiterated | 03.10.26on TipRanks 04:05 | — | |
| AI xAi SolarxAI Grok-3 | TipRanks - xAI | $7.50 → $8.50+13.3% | Hold | +18.5% | Reiterated | 23.09.26on TipRanks 06:06 | — | |
| AI DeepSeek SolarDeepSeek R1-0528 | TipRanks - DeepSeek | $7.50 → $8.50+13.3% | Hold | +18.5% | Reiterated | 23.09.26on TipRanks 06:06 | — | |
| AI OpenAI SolarOpenAI 4o | TipRanks - OpenAI | $7.50 → $8.50+13.3% | Hold | +18.5% | Reiterated | 23.09.26on TipRanks 06:06 | — | |
| AI Anthropic SolarAnthropic Opus-4.1 | TipRanks - Anthropic | $7.00 → $8.00+14.3% | Hold | +11.6% | Reiterated | 23.09.26on TipRanks 06:06 | — | |
| AI Google SolarGemini 2.5Pro | TipRanks - Google | $7.50 → $8.50+13.3% | Hold | +18.5% | Reiterated | 23.09.26on TipRanks 06:06 | — | |
| AI PerPlexity SolarPerPlexity SonarPro | TipRanks - PerPlexity | $7.50 → $8.50+13.3% | Hold | +18.5% | Reiterated | 23.09.26on TipRanks 06:06 | — | |
| Christine Cho CFA★★★★★★★★★★#9787 · hits 45% · avg −0.5% | Barclays | $10.00 | Buy | +39.5% | Reiterated | 10.09.26on TipRanks 05:36 | +1.3%next day +1.8% · 5 days +7.0% | ↗ |
| Philip Shen★★★★★★★★★★#1699 · hits 42% · avg +8.0% | Roth MKM | $15.00 | Buy | +109.2% | Reiterated | 31.08.26on TipRanks 02:15 | −2.8%next day −2.5% · 5 days +7.4% | ↗ |
| Praneeth Satish★★★★★★★★★★#4206 · hits 56% · avg +2.7% | Wells Fargo | $10.00 | Hold | +39.5% | Assigned | 06.08.26on TipRanks 07:11 | −0.8%next day +3.2% · 5 days −6.6% | ↗ |
| David Arcaro★★★★★★★★★★#549 · hits 59% · avg +12.4% | Morgan Stanley | $9.00 → $10.00+11.1% | Hold | +39.5% | Assigned | 05.08.26on TipRanks 07:50 | −5.7%next day −0.8% · 5 days −4.3% | ↗ |
| Brian K. Lee★★★★★★★★★★#6338 · hits 45% · avg +0.8% | Goldman Sachs | $13.00 | Buy | +81.3% | Reiterated | 04.08.26on TipRanks Aug 5 08:30 | −3.4%next day −5.7% · 5 days −5.2% | ↗ |
| Chris Dendrinos★★★★★★★★★★#212 · hits 54% · avg +47.1% | RBC Capital | $9.00 → $10.00+11.1% | Buy | +39.5% | Reiterated | 04.08.26on TipRanks Aug 5 07:42 | −3.4%next day −5.7% · 5 days −5.2% | ↗ |
| Jeff Osborne★★★★★★★★★★#5638 · hits 46% · avg +1.2% | TD Cowen | $14.00 | Buy | +95.3% | Reiterated | 04.08.26on TipRanks Aug 5 02:50 | −3.4%next day −5.7% · 5 days −5.2% | ↗ |
| Joseph Osha★★★★★★★★★★#833 · hits 52% · avg +14.9% | Guggenheim | $12.00 | Buy | +67.4% | Reiterated | 04.08.26on TipRanks Aug 3 09:50 | +5.8%next day −3.4% · 5 days −10.7% | ↗ |
| Vikram Bagri★★★★★★★★★★#12347 · hits 38% · avg −17.6% | Citi | $9.50 → $10.50+10.5% | Hold | +46.4% | Reiterated | 23.07.26on TipRanks Jul 24 05:08 | −3.9%next day −5.2% · 5 days −10.5% | ↗ |
| Mark Strouse★★★★★★★★★★#2081 · hits 47% · avg +6.2% | J.P. Morgan | $10.00 → $13.00+30.0% | Buy | +81.3% | Reiterated | 21.07.26on TipRanks Jul 24 05:08 | +7.1%next day +0.6% · 5 days −16.7% | ↗ |
| Julien Dumoulin Smith★★★★★★★★★★#774 · hits 62% · avg +8.9% | Jefferies | $10.00 → $12.00+20.0% | Buy | +67.4% | Reiterated | 14.07.26on TipRanks 06:55 | +14.1%next day +6.5% · 5 days −3.1% | ↗ |
| Maheep Mandloi★★★★★★★★★★#5687 · hits 45% · avg +1.6% | Mizuho Securities | $11.00 | Hold | +53.4% | Reiterated | 02.06.26on TipRanks 08:15 | +2.2%next day +0.1% · 5 days −19.7% | ↗ |
| Jon Windham★★★★★★★★★★#1504 · hits 53% · avg +9.4% | UBS | $11.00 → $12.00+9.1% | Buy | +67.4% | Assigned | 07.05.26on TipRanks 08:06 | −5.6%next day +11.9% · 5 days +16.1% | ↗ |
| Sean Milligan★★★★★★★★★★#11742 · hits 46% · avg −8.9% | Needham | $12.00 | Buy | +67.4% | Reiterated | 06.05.26on TipRanks 05:25 | +1.1%next day −5.6% · 5 days +8.2% | ↗ |
| Moses Sutton★★★★★★★★★★#2461 · hits 56% · avg +10.4% | Exane BNP Paribas | $9.00 | Hold | +25.5% | Upgrade | 25.02.26on TipRanks 05:05 | −0.6%next day −6.7% · 5 days −9.2% | ↗ |
| Dimple Gosai★★★★★★★★★★#12396 · hits 54% · avg −35.0% | Bank of America Securities | $11.00 | Buy | +53.4% | Reiterated | 22.01.26on TipRanks 06:20 | +6.2%next day −4.6% · 5 days +3.0% | ↗ |
| Colin Rusch★★★★★★★★★★#147 · hits 46% · avg +37.3% | Oppenheimer | $11.00 | Buy | +53.4% | Reiterated | 12.11.25on TipRanks 12:20 | −0.1%next day −7.9% · 5 days −6.4% | ↗ |
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Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst
Best analysts covering Shoals Technologies Group
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $11.77 at a price of $8.10 (+45.3%); now: $11.41 at $7.17 (+59.1%).
PriceAverage targetTop analysts’ target
Recommendation trend · top analysts
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 2 | 3 | 3 | 2 |
| Buy | 9 | 8 | 9 | 6 | 6 | 5 |
| Hold | 1 | 1 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Earnings and sales forecast
Next report: 10.11.26 (Q3 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $0.12 (from $0.10 to $0.15). Last quarter: $0.12.
Sales
Next quarter’s sales estimate — $162M (from $158M to $168M). Last quarter: $163M.
Best top-analyst consensus in the sector · Technology
About Shoals Technologies Group
- CEO: Brandon Moss
- Employees: 1,480
- 1400 Shoals Way, Portland, TN, 37148, US
- www.shoals.com
Shoals Technologies Group, Inc. provides Electrical Balance of System (EBOS) solutions designed for solar power projects throughout the United States. The company manufactures a wide array of EBOS components, including various cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, specialized transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. Additionally, Shoals offers EV Charging solutions for both public and fleet electric vehicle charging infrastructure, alongside its core EBOS systems. Its primary customers are engineering, procurement, and construction (EPC) firms responsible for developing solar energy installations and deploying electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and maintains its headquarters in Portland, Tennessee.
Data from the stock’s TipRanks forecast page, read 46 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗