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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: 12.3011 USD 0.99%
Market Cap: $2.1B

Wall St Price Targets

SHLS Price Targets Summary
Shoals Technologies Group Inc

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

According to Wall Street analysts, the average 1-year price target for SHLS is 10.23 USD with a low forecast of 8.08 USD and a high forecast of 12.6 USD.

Lowest Forecast
Price Target
8.08 USD
34% Downside
Average Forecast
Price Target
10.23 USD
17% Downside
Highest Forecast
Price Target
12.6 USD
2% Upside
Shoals Technologies Group Inc Competitors:
Price Targets
ASW
Assetwise PCL
32% Upside

Revenue
Forecast

22% / Year
Past Growth
9% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
22% / Year
Past Growth
9% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 6 years, the compound annual growth rate for Revenue has been 22%. The projected CAGR for the next 8 years is 9%.

Operating Income
Forecast

13% / Year
Past Growth
17% / Year
Estimated Growth
Estimates Accuracy
-27%
Average Miss
13% / Year
Past Growth
17% / Year
Estimated Growth
Estimates Accuracy
-27%
Average Miss

Over the last 6 years, the compound annual growth rate for Operating Income has been 13%. The projected CAGR for the next 8 years is 17%.

Net Income
Forecast

5% / Year
Past Growth
19% / Year
Estimated Growth
Estimates Accuracy
-56%
Average Miss
5% / Year
Past Growth
19% / Year
Estimated Growth
Estimates Accuracy
-56%
Average Miss

Over the last 6 years, the compound annual growth rate for Net Income has been 5%. The projected CAGR for the next 8 years is 19%.

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 you see on other sites is mostly sourced from sell-side analysts.

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

According to Wall Street analysts, the average 1-year price target for SHLS is 10.23 USD with a low forecast of 8.08 USD and a high forecast of 12.6 USD.

What is the Revenue forecast for Shoals Technologies Group Inc?
Projected CAGR
9%

Over the last 6 years, the compound annual growth rate for Revenue has been 22%. The projected CAGR for the next 8 years is 9%.

What is the Operating Income forecast for Shoals Technologies Group Inc?
Projected CAGR
17%

Over the last 6 years, the compound annual growth rate for Operating Income has been 13%. The projected CAGR for the next 8 years is 17%.

What is the Net Income forecast for Shoals Technologies Group Inc?
Projected CAGR
19%

Over the last 6 years, the compound annual growth rate for Net Income has been 5%. The projected CAGR for the next 8 years is 19%.

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