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 | $14.4 | 185.98% |
| 2021-11-11 | 10 | $48 | $29 | $39.545 | $14.4 | 174.62% |
| 2021-12-13 | 10 | $48 | $29 | $39.272 | $14.4 | 172.72% |
| 2022-01-06 | 10 | $48 | $29 | $39 | $14.4 | 170.83% |
| 2022-01-13 | 10 | $48 | $27 | $38.363 | $14.4 | 166.41% |
| 2022-01-24 | 10 | $48 | $20 | $36.545 | $14.4 | 153.78% |
| 2022-02-04 | 10 | $48 | $20 | $35.909 | $14.4 | 149.37% |
| 2022-03-11 | 9 | $44 | $20 | $33.222 | $14.4 | 130.71% |
| 2022-03-13 | 9 | $44 | $20 | $29.222 | $14.4 | 102.93% |
| 2022-03-24 | 10 | $44 | $20 | $29 | $14.4 | 101.39% |
| 2022-04-08 | 10 | $44 | $16 | $27.888 | $14.4 | 93.67% |
| 2022-04-19 | 10 | $44 | $16 | $27.666 | $14.4 | 92.12% |
| 2022-04-20 | 9 | $44 | $16 | $27.666 | $14.4 | 92.12% |
| 2022-05-09 | 8 | $44 | $16 | $27.666 | $14.4 | 92.12% |
| 2022-05-10 | 9 | $44 | $16 | $26.5 | $14.4 | 84.03% |
| 2022-05-17 | 9 | $44 | $15 | $25.5 | $14.4 | 77.08% |
| 2022-05-23 | 9 | $40 | $15 | $22.7 | $14.4 | 57.64% |
| 2022-06-09 | 9 | $40 | $15 | $23.6 | $14.4 | 63.89% |
| 2022-06-17 | 9 | $40 | $15 | $23.2 | $14.4 | 61.11% |
| 2022-06-21 | 10 | $40 | $15 | $23.09 | $14.4 | 60.35% |
| 2022-07-20 | 11 | $40 | $16 | $23.909 | $14.4 | 66.03% |
| 2022-08-05 | 11 | $40 | $16 | $23.454 | $14.4 | 62.88% |
| 2022-08-08 | 11 | $40 | $16 | $23.818 | $14.4 | 65.4% |
| 2022-08-16 | 11 | $40 | $16 | $26.909 | $14.4 | 86.87% |
| 2022-08-18 | 11 | $40 | $16 | $28.818 | $14.4 | 100.12% |
| 2022-09-08 | 11 | $40 | $16 | $28.727 | $14.4 | 99.49% |
| 2022-10-16 | 11 | $40 | $16 | $29.772 | $14.4 | 106.75% |
| 2022-10-20 | 11 | $40 | $16 | $29.5 | $14.4 | 104.86% |
| 2022-11-15 | 11 | $41 | $19 | $30.954 | $14.4 | 114.96% |
| 2022-11-16 | 11 | $41 | $19 | $31.681 | $14.4 | 120.01% |
| 2022-12-08 | 11 | $41 | $19 | $31.772 | $14.4 | 120.64% |
| 2023-01-10 | 11 | $41 | $19 | $31.409 | $14.4 | 118.12% |
| 2023-01-24 | 11 | $41 | $19 | $31.181 | $14.4 | 116.53% |
| 2023-02-10 | 12 | $41 | $19 | $31.083 | $14.4 | 115.85% |
| 2023-02-26 | 12 | $41 | $19 | $31.25 | $14.4 | 117.01% |
| 2023-03-01 | 12 | $41 | $19 | $31.25 | $14.4 | 117.01% |
| 2023-03-17 | 12 | $41 | $19 | $30.545 | $14.4 | 112.12% |
| 2023-04-16 | 12 | $41 | $19 | $30.416 | $14.4 | 111.22% |
| 2023-05-05 | 12 | $41 | $19 | $29.75 | $14.4 | 106.6% |
| 2023-05-09 | 12 | $42 | $19 | $30.25 | $14.4 | 110.07% |
| 2023-05-21 | 13 | $42 | $19 | $31.545 | $14.4 | 119.06% |
| 2023-07-17 | 13 | $42 | $19 | $31.615 | $14.4 | 119.55% |
| 2023-08-03 | 13 | $42 | $19 | $31.769 | $14.4 | 120.62% |
| 2023-08-04 | 13 | $42 | $20 | $31.846 | $14.4 | 121.15% |
| 2023-08-21 | 13 | $42 | $20 | $31.384 | $14.4 | 117.94% |
| 2023-09-11 | 13 | $42 | $20 | $31 | $14.4 | 115.28% |
| 2023-09-12 | 13 | $42 | $20 | $30.615 | $14.4 | 112.6% |
| 2023-10-05 | 13 | $42 | $18 | $29.615 | $14.4 | 105.66% |
| 2023-10-11 | 13 | $42 | $18 | $29.846 | $14.4 | 107.26% |
| 2023-10-13 | 13 | $42 | $17 | $29.615 | $14.4 | 105.66% |
| 2023-10-18 | 13 | $42 | $17 | $28.923 | $14.4 | 100.85% |
| 2023-10-20 | 13 | $42 | $17 | $28.461 | $14.4 | 97.65% |
| 2023-11-08 | 14 | $42 | $17 | $28.071 | $14.4 | 94.94% |
| 2023-11-15 | 15 | $42 | $17 | $27.357 | $14.4 | 89.98% |
The Trend in the Analyst Price Target
Over the past 13 months, SHLS's average price target has gone down $2.41.
SHLS reports an average of 46.75% 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 |
|---|---|---|---|---|---|---|
| 2022-12-08 | 11 | 41 | 19 | 31.772 | 24.67 | 28.79% |
| 2023-08-21 | 13 | 42 | 20 | 31.384 | 19.12 | 64.14% |
| 2023-10-05 | 13 | 42 | 18 | 29.615 | 15.10 | 96.13% |
| 2023-10-20 | 14 | 42 | 17 | 28.785 | 15.13 | 90.25% |
| 2023-11-08 | 14 | 42 | 17 | 28.071 | 14.60 | 92.27% |
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
Over the past 14 months, SHLS's average broker recommendation rating improved by 0.7.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for SHLS as an investment opportunity.
- SHOALS TECHNOLOGIES GROUP INC's variance in analysts' estimates is lower than -5514.66% of all US stocks.
- In the context of all US stocks, SHOALS TECHNOLOGIES GROUP INC's upside potential (average analyst target price relative to current price) is higher than 5309.89% of them.
- In terms of how SHOALS TECHNOLOGIES GROUP INC fares relative to stocks in the mid market cap category, note that its number of analysts covering the stock is greater than 5516.31% of that group.
- To contextualize these metrics, consider that out of Electronic Equipment stocks, SHOALS TECHNOLOGIES GROUP INC's average analyst price target is greater than 2137.73% of them.
In the Electronic Equipment industry, CRDO, FN, and INFN are the three stocks most similar to SHOALS TECHNOLOGIES GROUP INC regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
What is the outlook for SHLS? Use POWR Ratings for clearer insight into price direction.