Shell plc (LON:SHEL)
London flag London · Delayed Price · Currency is GBP · Price in GBX
3,068.00
-12.50 (-0.41%)
Jun 16, 2026, 4:50 PM GMT

Shell Stock Forecast

Stock Price Forecast

According to 17 analysts polled by S&P Global, Shell stock has a consensus rating of "Buy" and an average price target of 3,880p. The average 1-year stock price forecast is 26.46% higher than the current stock price, while the lowest is 3,543p (+15.48%) and the highest is 4,566p (+48.83%).

Price Target: 3,880p (+26.46%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price3,543p3,880p3,834p4,566p
Change+15.48%+26.46%+24.98%+48.83%

Analyst Ratings

The average analyst rating for Shell stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy556566
Buy443222
Hold88910910
Sell000000
Strong Sell000000
Total171718171718

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
4,500p
BuyMaintains4,500p+46.68%May 25, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
3,900p
BuyMaintains3,900p+27.12%May 22, 2026
HSBC
HSBC
Buy
Upgrades
3,350p3,700p
BuyUpgrades3,350p3,700p+20.60%May 18, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
3,589p3,495p
HoldMaintains3,589p3,495p+13.92%May 12, 2026
Berenberg Bank
Berenberg Bank
Buy
Maintains
4,100p4,000p
BuyMaintains4,100p4,000p+30.38%May 12, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
331.48B
from 266.89B
Increased by 24.20%
Revenue Next Year
304.44B
from 331.48B
Decreased by -8.16%
EPS This Year
5.34
from 3.15
Increased by 69.66%
EPS Next Year
4.87
from 5.34
Decreased by -8.87%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
261.50B381.31B316.62B284.31B266.89B331.48B
Revenue Growth
44.84%45.82%-16.97%-10.20%-6.13%24.20%
Gross Profit
62.77B97.31B78.50B72.81B67.79B65.63B
Gross Margin
24.00%25.52%24.79%25.61%25.40%19.80%
Operating Income
24.81B64.33B34.63B33.45B29.83B50.07B
Net Income
20.10B42.31B19.36B16.09B17.84B27.77B
EPS
----3.155.34
EPS Growth
-----16.22%69.66%
Forward PE
7.275.357.498.0011.097.71
Dividend / Share
0.891.041.291.391.451.56
Dividend Growth
-16.12%24.67%7.46%4.03%7.60%
Free Cash Flow
18.69B25.71B28.21B28.54B22.73B31.18B
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High454.5B
Avg331.5B
Low269.6B

Revenue Growth

Revenue Growth202620272028
High
70.3%
Avg
24.2%
Low
1.0%

EPS Forecast

EPS202620272028
High6.17
Avg5.34
Low4.49

EPS Growth

EPS Growth202620272028
High
95.9%
Avg
69.7%
Low
42.5%