
SHLS Stock Forecast & Price Target
SHLS Analyst Ratings
Bulls say
Shoals Technologies Group has demonstrated robust financial performance, highlighted by a significant year-over-year and quarter-over-quarter increase in backlog and awarded orders, reaching $721 million in Q3'25. The company's quoting volume for Q3 exceeded $900 million, reflecting over 20% growth quarter-over-quarter, indicating strong and resilient demand in the utility-scale market. Additionally, management's upward revision of the FY25 revenue guidance signals confidence in sustained revenue growth, with Q4 projections suggesting a healthy target of approximately $145 million, surpassing earlier consensus estimates.
Bears say
The financial outlook for Shoals Technologies Group appears negative due to several fundamental challenges, including increased competition and potential margin erosion associated with its international expansion strategy. The company faces pressure from pricing competition, particularly as rival firms like NXT/Bentek introduce system bundles, which may compress margins and hinder expected utility-scale growth. Additionally, factors such as decreased global demand for solar EBOS solutions, the risk of country-specific challenges, and the implications of international trade tariffs could further adversely affect the company’s sales and growth targets.
This aggregate rating is based on analysts' research of Shoals Technologies Group and is not a guaranteed prediction by Public.com or investment advice.
SHLS Analyst Forecast & Price Prediction
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