
SHLS Stock Forecast & Price Target
SHLS Analyst Ratings
Bulls say
Shoals Technologies Group reported a significant backlog and awarded orders of $634.7 million, marking an increase from the previous quarter, which reflects strong demand in the solar energy sector. The company's non-Blattner revenues experienced a robust 20% year-over-year growth in the fourth quarter, indicating the effectiveness of the new commercial strategy implemented under the current CEO. Additionally, the positive outlook for utility-scale solar and EV charging demand, projected to grow at compound annual growth rates of 14% and 35% respectively from 2022 to 2030, positions Shoals favorably for sustained future growth.
Bears say
Shoals Technologies Group is experiencing significant downward revisions in financial guidance, with its 2025 adjusted EBITDA projected to be approximately 6% lower than the previous consensus, indicating potential operational challenges. Additionally, the company has reported a concerning 25% decline in Q1 2025 revenue guidance compared to prior estimates, coupled with a steep 49% reduction in adjusted EBITDA for the same quarter, reflecting underlying weakness in both sales and profitability. Furthermore, a notable 41% year-over-year revenue decline from its largest customer, along with anticipated lower margins due to a depressed revenue base, raises concerns about the sustainability of the company's financial performance and growth trajectory.
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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