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Shoals Technologies Group Inc
NASDAQ:SHLS

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Shoals Technologies Group Inc
NASDAQ:SHLS
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Price: 6.62 USD 2.32% Market Closed
Market Cap: $1.1B

Wall Street
Price Targets

SHLS Price Targets Summary
Shoals Technologies Group Inc

Wall Street analysts forecast SHLS stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for SHLS is 9.92 USD with a low forecast of 8.08 USD and a high forecast of 12.6 USD.

Lowest
Price Target
8.08 USD
22% Upside
Average
Price Target
9.92 USD
50% Upside
Highest
Price Target
12.6 USD
90% Upside
Shoals Technologies Group Inc Competitors:
Price Targets

Revenue
Forecast

22% / Year
Past Growth
16% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
22% / Year
Past Growth
16% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

For the last 6 years the compound annual growth rate for Shoals Technologies Group Inc's revenue is 22%. The projected CAGR for the next 3 years is 16%.

Operating Income
Forecast

13% / Year
Past Growth
35% / Year
Estimated Growth
Estimates Accuracy
-27%
Average Miss
13% / Year
Past Growth
35% / Year
Estimated Growth
Estimates Accuracy
-27%
Average Miss

For the last 6 years the compound annual growth rate for Shoals Technologies Group Inc's operating income is 13%. The projected CAGR for the next 3 years is 35%.

Net Income
Forecast

5% / Year
Past Growth
46% / Year
Estimated Growth
Estimates Accuracy
-56%
Average Miss
5% / Year
Past Growth
46% / Year
Estimated Growth
Estimates Accuracy
-56%
Average Miss

For the last 6 years the compound annual growth rate for Shoals Technologies Group Inc's net income is 5%. The projected CAGR for the next 3 years is 46%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is SHLS's stock price target?
Price Target
9.92 USD

According to Wall Street analysts, the average 1-year price target for SHLS is 9.92 USD with a low forecast of 8.08 USD and a high forecast of 12.6 USD.

What is Shoals Technologies Group Inc's Revenue forecast?
Projected CAGR
16%

For the last 6 years the compound annual growth rate for Shoals Technologies Group Inc's revenue is 22%. The projected CAGR for the next 3 years is 16%.

What is Shoals Technologies Group Inc's Operating Income forecast?
Projected CAGR
35%

For the last 6 years the compound annual growth rate for Shoals Technologies Group Inc's operating income is 13%. The projected CAGR for the next 3 years is 35%.

What is Shoals Technologies Group Inc's Net Income forecast?
Projected CAGR
46%

For the last 6 years the compound annual growth rate for Shoals Technologies Group Inc's net income is 5%. The projected CAGR for the next 3 years is 46%.

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