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 | $21.2 | 94.25% |
| 2021-11-11 | 10 | $48 | $29 | $39.545 | $21.2 | 86.53% |
| 2021-12-13 | 10 | $48 | $29 | $39.272 | $21.2 | 85.25% |
| 2022-01-06 | 10 | $48 | $29 | $39 | $21.2 | 83.96% |
| 2022-01-13 | 10 | $48 | $27 | $38.363 | $21.2 | 80.96% |
| 2022-01-24 | 10 | $48 | $20 | $36.545 | $21.2 | 72.38% |
| 2022-02-04 | 10 | $48 | $20 | $35.909 | $21.2 | 69.38% |
| 2022-03-11 | 9 | $44 | $20 | $33.222 | $21.2 | 56.71% |
| 2022-03-13 | 9 | $44 | $20 | $29.222 | $21.2 | 37.84% |
| 2022-03-24 | 9 | $44 | $20 | $29 | $21.2 | 36.79% |
| 2022-04-08 | 10 | $44 | $16 | $27.888 | $21.2 | 31.55% |
| 2022-04-19 | 10 | $44 | $16 | $27.666 | $21.2 | 30.5% |
| 2022-04-20 | 9 | $44 | $16 | $27.666 | $21.2 | 30.5% |
| 2022-05-09 | 9 | $44 | $16 | $27.666 | $21.2 | 30.5% |
| 2022-05-10 | 9 | $44 | $16 | $26.5 | $21.2 | 25% |
| 2022-05-17 | 9 | $44 | $15 | $25.5 | $21.2 | 20.28% |
| 2022-05-23 | 9 | $40 | $15 | $22.7 | $21.2 | 7.08% |
| 2022-06-09 | 9 | $40 | $15 | $23.6 | $21.2 | 11.32% |
| 2022-06-17 | 9 | $40 | $15 | $23.2 | $21.2 | 9.43% |
| 2022-06-21 | 10 | $40 | $15 | $23.09 | $21.2 | 8.92% |
| 2022-07-20 | 10 | $40 | $16 | $23.909 | $21.2 | 12.78% |
| 2022-08-05 | 11 | $40 | $16 | $23.454 | $21.2 | 10.63% |
| 2022-08-08 | 11 | $40 | $16 | $23.818 | $21.2 | 12.35% |
| 2022-08-16 | 11 | $40 | $16 | $26.909 | $21.2 | 26.93% |
| 2022-08-18 | 11 | $40 | $16 | $28.818 | $21.2 | 35.93% |
| 2022-09-08 | 11 | $40 | $16 | $28.727 | $21.2 | 35.5% |
| 2022-10-16 | 11 | $40 | $16 | $29.772 | $21.2 | 40.43% |
| 2022-10-20 | 11 | $40 | $16 | $29.5 | $21.2 | 39.15% |
| 2022-11-15 | 11 | $40 | $16 | $29.5 | $21.2 | 39.15% |
| 2022-11-16 | 11 | $41 | $19 | $31.681 | $21.2 | 49.44% |
| 2022-12-08 | 11 | $41 | $19 | $31.772 | $21.2 | 49.87% |
| 2023-01-10 | 11 | $41 | $19 | $31.409 | $21.2 | 48.16% |
| 2023-01-24 | 11 | $41 | $19 | $31.181 | $21.2 | 47.08% |
| 2023-02-10 | 11 | $41 | $19 | $31.181 | $21.2 | 47.08% |
| 2023-02-26 | 12 | $41 | $19 | $31.25 | $21.2 | 47.41% |
| 2023-03-01 | 12 | $41 | $19 | $30.916 | $21.2 | 45.83% |
The Trend in the Analyst Price Target
Over the past 160 days, SHLS's average price target has gone up $1.14.
Over the past 49 weeks, SHLS's average upside potential has been 43.85%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-06-09 | 9 | 40 | 15 | 23.600 | 18.49 | 27.64% |
| 2022-06-17 | 10 | 40 | 15 | 23.200 | 19.57 | 18.55% |
| 2022-08-16 | 11 | 40 | 16 | 26.909 | 26.32 | 2.24% |
| 2023-02-10 | 11 | 41 | 19 | 31.181 | 24.78 | 25.83% |
| 2023-03-01 | 12 | 41 | 19 | 31.250 | 25.15 | 24.25% |
SHLS Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.33 | 5 | 0 | 6 | 1 | 1 | 12 |
The Trend in the Broker Recommendations
SHLS's average broker recommendation rating worsened by 0.06 over the prior 22 months.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- SHLS has a lower variance in analysts' estimates than -3315.8% of all US stocks.
- 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 3279.77% of that group.
- SHOALS TECHNOLOGIES GROUP INC's average analyst price target is higher than 1300.29% of Electronic Equipment stocks.
- SHLS has a greater upside potential (average analyst target price relative to current price) than 1567.09% of Technology stocks.
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
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