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SHLS
Volume: 14.36M
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SHLS Stock Forecast & Price Target

SHLS Analyst Ratings

Based on 18 analyst ratings
Buy
Strong Buy 44%
Buy 39%
Hold 11%
Sell 6%
Strong Sell 0%

Bulls say

The positive outlook for Shoals Technologies Group is underpinned by robust revenue growth and management's raised fiscal year 2025 guidance to $450–$470 million, reflecting a 7% increase at the midpoint. The company's quarterly revenue showed a resurgence, with a 12% year-over-year growth in the second quarter of 2025, indicating a strong recovery following a lower performance in the first quarter. Additionally, a record backlog of $671.3 million exiting the second quarter signals solid near-term visibility and a favorable demand environment for their electrical balance of system solutions in the expanding utility-scale solar market.

Bears say

Shoals Technologies Group faces a negative outlook primarily due to stalling utility-scale growth attributable to policy frictions and engineering, procurement, and construction (EPC) bottlenecks, alongside intensified price competition that compresses margins. Significant concerns also arise from a substantial equity sell-off by the founder, ongoing litigation and warranty issues, and an anticipated revenue drop of approximately 18% year-over-year for FY24. Additionally, while the international electrical balance of systems (eBOS) market shows a backlog of $88.6 million, the slow conversion and the industry's vulnerability to policy-driven uncertainties further undermine the company's financial stability and growth prospects.

SHLS has been analyzed by 18 analysts, with a consensus rating of Buy. 44% of analysts recommend a Strong Buy, 39% recommend Buy, 11% suggest Holding, 6% 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 18 analysts, SHLS has a Buy consensus rating as of Nov 5, 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 $8.11, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $8.11, 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)

Volume: 14.36M

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