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Shoals Technologies Group Inc
NASDAQ:SHLS

Watchlist Manager
Shoals Technologies Group Inc Logo
Shoals Technologies Group Inc
NASDAQ:SHLS
Watchlist
Price: 9 USD 3.09% Market Closed
Updated: May 5, 2024

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 18.47 USD with a low forecast of 12.12 USD and a high forecast of 25.2 USD.

Lowest
Price Target
12.12 USD
35% Upside
Average
Price Target
18.47 USD
105% Upside
Highest
Price Target
25.2 USD
180% Upside

SHLS Last Price Targets
Shoals Technologies Group Inc

The latest public price target was made on Apr 11, 2024 by Kashy Harrison from Piper Sandler , who expects SHLS stock to rise by 56% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Kashy Harrison
Piper Sandler
14 USD
Upside 56%
3 weeks ago
Apr 11, 2024
Shoals Technologies Group (SHLS) PT Lowered to $14 at Piper Sandler
StreetInsider
Kashy Harrison
Piper Sandler
28 USD
Upside 211%
6 months ago
Oct 6, 2023
Piper Sandler Turns Bullish On Shoals Technologies: Forecasts Less Risk To Industry Growth During 2024
Benzinga
Kashy Harrison
Piper Sandler
Price Target 14 USD
Upside/Downside 56%
View Source
Kashy Harrison
Piper Sandler
Price Target 28 USD
Upside/Downside 211%
View Source
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Revenue
Forecast

Revenue Estimate
Shoals Technologies Group Inc

For the last 4 years the compound annual growth rate for Shoals Technologies Group Inc's revenue is 36%. The projected CAGR for the next 3 years is 18%.

36%
Past Growth
18%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Shoals Technologies Group Inc

For the last 4 years the compound annual growth rate for Shoals Technologies Group Inc's operating income is 31%. The projected CAGR for the next 3 years is 43%.

31%
Past Growth
43%
Estimated Growth
Estimates Accuracy
-33%
Average Miss

Net Income
Forecast

Net Income Estimate
Shoals Technologies Group Inc

For the last 4 years the compound annual growth rate for Shoals Technologies Group Inc's net income is 12%. The projected CAGR for the next 3 years is 65%.

12%
Past Growth
65%
Estimated Growth
Estimates Accuracy
-59%
Average Miss

See Also

Discover More
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
18.47 USD

According to Wall Street analysts, the average 1-year price target for SHLS is 18.47 USD with a low forecast of 12.12 USD and a high forecast of 25.2 USD.

What is Shoals Technologies Group Inc's Revenue forecast?
Projected CAGR
18%

For the last 4 years the compound annual growth rate for Shoals Technologies Group Inc's revenue is 36%. The projected CAGR for the next 3 years is 18%.

What is Shoals Technologies Group Inc's Operating Income forecast?
Projected CAGR
43%

For the last 4 years the compound annual growth rate for Shoals Technologies Group Inc's operating income is 31%. The projected CAGR for the next 3 years is 43%.

What is Shoals Technologies Group Inc's Net Income forecast?
Projected CAGR
65%

For the last 4 years the compound annual growth rate for Shoals Technologies Group Inc's net income is 12%. The projected CAGR for the next 3 years is 65%.