
SHLS Stock Forecast & Price Target
SHLS Analyst Ratings
Bulls say
Shoals Technologies Group has demonstrated robust performance, with backlog and awarded orders growing approximately 21% year-over-year and 7% quarter-over-quarter, reaching $721 million in Q3 2025. The company reported strong Q3 bookings of $185 million, significantly surpassing consensus expectations, and indicated a promising outlook with meaningful revenue growth anticipated in 2026. Additionally, a notable increase in quarterly quoting volume, exceeding $900 million, highlights resilient demand in the utility-scale sector, further supported by a raised revenue guidance for 2025.
Bears say
Shoals Technologies Group faces a challenging outlook primarily due to increased competition and potential difficulties in international expansion, which may erode profit margins and slow growth. The company could experience significant pressure from falling prices and market share loss, particularly as competitors like NXT/Bentek introduce bundled system offerings. Additionally, external factors such as reduced global demand for solar EBOS solutions and the risk of international trade tariffs further exacerbate the unfavorable conditions impacting the company's financial performance.
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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