
SHLS Stock Forecast & Price Target
SHLS Analyst Ratings
Bulls say
Shoals Technologies Group has demonstrated a positive outlook with a substantial increase in backlog and awarded orders, which rose approximately 21% year-over-year and 7% quarter-over-quarter, reaching $721 million in Q3'25. The company's strong performance in bookings, totaling $185 million, exceeded buyside consensus estimates, indicating meaningful revenue growth projections for 2026. Additionally, Shoals continues to exhibit resilient demand in the utility-scale sector, with a quoting volume surpassing $900 million, reflecting over 20% quarter-over-quarter growth and further bolstering its revenue guidance.
Bears say
Shoals Technologies Group faces a challenging outlook primarily due to potential international expansion risks, including increased competition and local content requirements that may dilute margins. The company is also contending with potential utility-scale growth stagnation and intensified price competition from competitors, which could further compress profitability. Additionally, factors such as reduced global demand for solar EBOS solutions and the inability to maintain product differentiation may adversely impact the company's sales and growth objectives.
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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