Shoals Tech Q1: Analysts Predict 61% Revenue Surge

Shoals Technologies Group, a solar energy connector specialist on the Nasdaq, is set to release their first quarter earnings tomorrow. Analysts predict a significant sixty-one percent revenue jump, flipping last years eleven-point-five percent drop. Shoals has a strong track record of meeting top-line revenue estimates, and renewable energy stocks have been on a hot streak, with Shoals outpacing the sector at twenty-five-point-three percent. The target price is pegged at nine dollar sixty-one cents, well above todays eight dollar twenty-two cent price. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/de0a0c6eccf794bb