Research Analysts’ Weekly Ratings Changes for Shoals Technologies Group (SHLS)

Several brokerages have updated their recommendations and price targets on shares of Shoals Technologies Group (NASDAQ: SHLS) in the last few weeks:

• 11/11/2025 – Shoals Technologies Group had its price target raised by analysts at Guggenheim from $8.00 to $12.00. They now have a “buy” rating on the stock.
• 11/6/2025 – Shoals Technologies Group had its price target raised by analysts at Wells Fargo & Company from $6.00 to $10.00. They now have an “equal weight” rating on the stock.
• 11/5/2025 – Shoals Technologies Group had its “buy” rating reaffirmed by analysts at Roth Capital. They now have a $15.00 price target on the stock, up previously from $10.00.
• 11/5/2025 – Shoals Technologies Group had its price target raised by analysts at The Goldman Sachs Group, Inc. from $8.00 to $11.00. They now have a “buy” rating on the stock.
• 11/5/2025 – Shoals Technologies Group had its price target raised by analysts at UBS Group AG from $9.00 to $12.00. They now have a “buy” rating on the stock.
• 11/5/2025 – Shoals Technologies Group had its price target raised by analysts at UBS Group AG from $9.00 to $12.00. They now have a “buy” rating on the stock.
• 10/22/2025 – Shoals Technologies Group is now covered by analysts at Needham & Company LLC. They set a “buy” rating and a $12.00 price target on the stock.
• 10/21/2025 – Shoals Technologies Group was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating.
• 10/16/2025 – Shoals Technologies Group had its price target raised by analysts at Morgan Stanley from $7.00 to $11.00. They now have an “overweight” rating on the stock.
• 10/16/2025 – Shoals Technologies Group had its price target raised by analysts at JPMorgan Chase & Co. from $9.00 to $11.00. They now have an “overweight” rating on the stock.
• 10/14/2025 – Shoals Technologies Group had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 10/2/2025 – Shoals Technologies Group was upgraded by analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating. They now have a $10.00 price target on the stock, up previously from $7.00.
• 10/1/2025 – Shoals Technologies Group had its price target raised by analysts at UBS Group AG from $7.00 to $9.00. They now have a “buy” rating on the stock.
• 9/27/2025 – Shoals Technologies Group had its “hold (c-)” rating reaffirmed by analysts at Weiss Ratings.
• 9/19/2025 – Shoals Technologies Group had its price target raised by analysts at JPMorgan Chase & Co. from $8.00 to $9.00. They now have an “overweight” rating on the stock.

Shoals Technologies Group, Inc provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services.