SHLS Similar Chart Price Prediction
The price of SHLS is predicted to go up -16.88%, based on the high correlation periods with BBWI. The similarity of these two price pattern on the periods is 95.86%.
SHLS
BBWI
Down: -16.88%Similarity: 95.86%
SHLS Revenue Forecast
SHLS EPS Forecast
SHLS FAQs
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SHLS VS S&P500
Shoals offers peer-leading margins and returns on invested capital in the solar industry.
The solar market is growing, and the addition of storage expands the addressable market.
International and commercial solar markets have a chance to be sizable contributors to Shoals' growth.
SHLS Analyst's Forecast
Christine Cho
Barclays
Hold
Price Target
$5 → $4
Upside
-13.61%
Barclays lowered the firm's price target on Shoals Technologies to $4 from $5 and keeps an Equal Weight rating on the shares. In light of the investment tax credit ruling, Shoals' margins and market share could be at risk, the analyst tells investors in a research note. The firm thinks the company's bookings "will face increased scrutiny going forward as a result." It estimates 2025 revenue of $420M, below Street of $439M.
Jordan Levy
Truist Securities
Strong Buy
Price Target
$8 → $7
Upside
+49.89%
Dimple Gosal
B of A Securities
Strong Buy
Price Target
$6
Upside
+18.34%