Shoals Technologies Group, Inc. (SHLS) Social Stream



Shoals Technologies Group, Inc. (SHLS): $11.18

0.58 (-4.93%)

POWR Rating

Component Grades

Momentum

F

Stability

D

Sentiment

Quality

C

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Industry: Solar

Industry

F

Ranked

#7 of 14

in industry

SHOALS TECHNOLOGIES GROUP INC (SHLS) Price Targets From Analysts

The tables below show price targets and recommendations from analysts covering SHOALS TECHNOLOGIES GROUP INC.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-10-19 10 $48 $31 $41.181 $15.54 165%
2021-11-11 10 $48 $29 $39.545 $15.54 154.47%
2021-12-13 10 $48 $29 $39.272 $15.54 152.72%
2022-01-06 10 $48 $29 $39 $15.54 150.97%
2022-01-13 10 $48 $27 $38.363 $15.54 146.87%
2022-01-24 10 $48 $20 $36.545 $15.54 135.17%
2022-02-04 8 $44 $20 $33.222 $15.54 113.78%
2022-03-11 9 $44 $20 $33.222 $15.54 113.78%
2022-03-13 9 $44 $20 $29.222 $15.54 88.04%
2022-03-24 9 $44 $20 $29 $15.54 86.62%
2022-04-08 10 $44 $16 $27.888 $15.54 79.46%
2022-04-19 10 $44 $16 $27.666 $15.54 78.03%
2022-04-20 9 $44 $16 $27.666 $15.54 78.03%
2022-05-09 8 $44 $16 $27.666 $15.54 78.03%
2022-05-10 9 $44 $16 $26.5 $15.54 70.53%
2022-05-17 9 $44 $15 $25.5 $15.54 64.09%
2022-05-23 9 $40 $15 $22.7 $15.54 46.07%
2022-06-09 9 $40 $15 $23.6 $15.54 51.87%
2022-06-17 9 $40 $15 $23.2 $15.54 49.29%
2022-06-21 10 $40 $15 $23.09 $15.54 48.58%
2022-07-20 10 $40 $16 $23.909 $15.54 53.85%
2022-08-05 11 $40 $16 $23.454 $15.54 50.93%
2022-08-08 11 $40 $16 $23.818 $15.54 53.27%
2022-08-16 11 $40 $16 $26.909 $15.54 73.16%
2022-08-18 11 $40 $16 $28.818 $15.54 85.44%
2022-09-08 11 $40 $16 $28.727 $15.54 84.86%
2022-10-16 11 $40 $16 $29.772 $15.54 91.58%
2022-10-20 11 $40 $16 $29.5 $15.54 89.83%
2022-11-15 11 $41 $19 $30.954 $15.54 99.19%
2022-11-16 11 $41 $19 $31.681 $15.54 103.87%
2022-12-08 11 $41 $19 $31.772 $15.54 104.45%
2023-01-10 11 $41 $19 $31.409 $15.54 102.12%
2023-01-24 11 $41 $19 $31.181 $15.54 100.65%
2023-02-10 11 $41 $19 $31.181 $15.54 100.65%
2023-02-26 12 $41 $19 $31.25 $15.54 101.09%
2023-03-01 12 $41 $19 $31.25 $15.54 101.09%
2023-03-17 12 $41 $19 $30.545 $15.54 96.56%
2023-04-16 12 $41 $19 $30.416 $15.54 95.73%
2023-05-05 12 $41 $19 $29.75 $15.54 91.44%
2023-05-09 12 $42 $19 $31.272 $15.54 101.24%
2023-05-21 13 $42 $19 $31.545 $15.54 102.99%
2023-07-17 13 $42 $19 $31.615 $15.54 103.44%
2023-08-03 13 $42 $19 $31.769 $15.54 104.43%
2023-08-04 13 $42 $20 $31.846 $15.54 104.93%
2023-08-21 13 $42 $20 $31.384 $15.54 101.96%
2023-09-11 13 $42 $20 $31 $15.54 99.49%
2023-09-12 13 $42 $20 $30.615 $15.54 97.01%
2023-10-05 13 $42 $18 $29.615 $15.54 90.57%
2023-10-11 13 $42 $18 $29.846 $15.54 92.06%
2023-10-13 13 $42 $17 $29.615 $15.54 90.57%
2023-10-18 13 $42 $17 $28.923 $15.54 86.12%
2023-10-20 13 $42 $17 $28.461 $15.54 83.15%
2023-11-08 14 $42 $17 $28.071 $15.54 80.64%
2023-11-15 15 $42 $17 $27.357 $15.54 76.04%
2023-12-04 15 $42 $17 $26.4 $15.54 69.88%
2023-12-08 15 $42 $17 $26.466 $15.54 70.31%
2023-12-18 15 $42 $17 $25.933 $15.54 66.88%

The Trend in the Analyst Price Target


SHLS's average price target has moved down $17.07 over the prior 34 months.

SHLS reports an average of 50.17% for its upside potential over the past 49 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-01-25 12 41 19 31.083 28.36 9.6%
2023-05-09 12 42 19 30.250 24.11 25.47%
2023-05-21 13 42 19 31.545 23.61 33.61%
2023-08-02 13 42 19 31.769 24.51 29.62%
2023-10-20 13 42 17 28.461 15.13 88.11%

SHLS Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.53 12 0 2 1 1 15

The Trend in the Broker Recommendations


SHLS's average broker recommendation rating improved by 0.74 over the prior 31 months.

Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.

  • SHOALS TECHNOLOGIES GROUP INC's variance in analysts' estimates is lower than -5874.62% of all US stocks.
  • To contextualize these metrics, consider that out of all US stocks, SHOALS TECHNOLOGIES GROUP INC's upside potential (average analyst target price relative to current price) is higher than 5807.54% of them.
  • SHOALS TECHNOLOGIES GROUP INC's number of analysts covering the stock is higher than 5853.47% of stocks in the mid market cap category.
  • In terms of how SHOALS TECHNOLOGIES GROUP INC fares relative to Electronic Equipment stocks, note that its average analyst price target is greater than 2233.98% of that group.

In terms of price targets and recommendations offered by analysts, the stocks in the Electronic Equipment industry with the ratings most similar to SHOALS TECHNOLOGIES GROUP INC are INFN, NTGR, and ADTN.

Is SHLS a Buy, Hold or Sell? See the POWR Ratings now!


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