Shell plc (LON:SHEL)
London flag London · Delayed Price · Currency is GBP · Price in GBX
3,611.00
-30.00 (-0.82%)
Sep 25, 2026, 5:15 PM GMT

Shell Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, Shell stock has a consensus rating of "Buy" and an average price target of 3,931p. The average 1-year stock price forecast is 8.87% higher than the current stock price, while the lowest is 3,542p (-1.90%) and the highest is 4,811p (+33.23%).

Price Target: 3,931p (+8.87%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price3,542p3,931p3,845p4,811p
Change-1.90%+8.87%+6.47%+33.23%

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

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy566666
Buy222223
Hold9888109
Sell000000
Strong Sell000000
Total161616161818

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
HSBC
HSBC
Buy
Maintains
3,650p → 4,240p
BuyMaintains3,650p → 4,240p+17.42%Sep 25, 2026
UBS
UBS
Hold
Maintains
3,500p
HoldMaintains3,500p-3.07%Sep 25, 2026
RBC Capital
RBC Capital
Hold
Maintains
4,000p
HoldMaintains4,000p+10.77%Sep 24, 2026
Jefferies
Jefferies
Buy
Maintains
4,500p
BuyMaintains4,500p+24.62%Sep 14, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
n/a
BuyMaintainsn/an/aSep 12, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
323.61B
from 266.89B
Increased by 21.25%
Revenue Next Year
302.78B
from 323.61B
Decreased by -6.44%
EPS This Year
5.68
from 3.15
Increased by 80.46%
EPS Next Year
5.02
from 5.68
Decreased by -11.63%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
261.50B381.31B316.62B284.31B266.89B323.61B
Revenue Growth
44.84%45.82%-16.97%-10.20%-6.13%21.25%
Gross Profit
62.77B97.31B78.50B72.81B67.79B64.07B
Gross Margin
24.00%25.52%24.79%25.61%25.40%19.80%
Operating Income
24.81B64.33B34.63B33.45B29.83B52.26B
Net Income
20.10B42.31B19.36B16.09B17.84B28.81B
EPS
----3.155.68
EPS Growth
-----16.22%80.46%
Forward PE
7.275.357.498.0011.098.42
Dividend / Share
0.891.041.291.391.451.56
Dividend Growth
36.83%16.12%24.68%7.46%4.03%7.78%
Free Cash Flow
----26.05B34.41B
No. Analysts
-----8
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High384.0B
Avg323.6B
Low269.6B

Revenue Growth

Revenue Growth202620272028
High
43.9%
Avg
21.3%
Low
1.0%

EPS Forecast

EPS202620272028
High6.57
Avg5.68
Low4.83

EPS Growth

EPS Growth202620272028
High
108.6%
Avg
80.5%
Low
53.5%