Shoals Technologies Group, Inc. (SHLS) Social Stream
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.
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