
SHLS Stock Forecast & Price Target
SHLS Analyst Ratings
Bulls say
Shoals Technologies Group has experienced significant growth, with its stock appreciating approximately 100% since the second quarter of the fiscal year, reflecting strong market sentiment. The company reported a 21% year-over-year and a 7% quarter-over-quarter increase in backlog and awarded orders, totaling $721 million in the third quarter, which showcases robust demand and promising revenue growth expectations for 2026. Furthermore, the increase in quarterly revenue by 12% year-over-year in the second quarter, along with raised guidance for fiscal year 2025, indicates healthy operational momentum and a solid outlook for the future.
Bears say
Shoals Technologies Group faces significant risks related to international expansion, including increased competition and local content requirements, which could compress margins and slow growth. The company's stock has already been adversely affected by weak gross margins and overall market de-risking, reflecting broader challenges within the solar energy sector. Additionally, reduced global demand for its electrical balance of system solutions, coupled with pricing pressures and strategic missteps, may further hinder the company's financial performance and growth prospects.
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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