Shell plc (LON:SHEL)
London flag London · Delayed Price · Currency is GBP · Price in GBX
3,936.00
+28.00 (0.72%)
Oct 16, 2026, 3:11 PM GMT

Shell Stock Forecast

Stock Price Forecast

According to 19 analysts polled by S&P Global, Shell stock has a consensus rating of "Buy" and an average price target of 3,983p. The average 1-year stock price forecast is 1.21% higher than the current stock price, while the lowest is 3,461p (-12.06%) and the highest is 4,931p (+25.28%).

Price Target: 3,983p (+1.21%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price3,461p3,983p3,889p4,931p
Change-12.06%+1.21%-1.18%+25.28%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy666667
Buy222233
Hold8881099
Sell000000
Strong Sell000000
Total161616181819

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
4,500p
BuyMaintains4,500p+14.33%Oct 12, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
3,600p → 4,100p
BuyMaintains3,600p → 4,100p+4.17%Oct 8, 2026
Bank of America Securities
Bank of America Securities
Hold
Reiterates
3,600p
HoldReiterates3,600p-8.54%Oct 8, 2026
Barclays
Barclays
Buy
Maintains
4,950p
BuyMaintains4,950p+25.76%Oct 8, 2026
RBC Capital
RBC Capital
Hold
Maintains
4,000p
HoldMaintains4,000p+1.63%Oct 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
353.63B
from 266.89B
Increased by 32.50%
Revenue Next Year
320.18B
from 353.63B
Decreased by -9.46%
EPS This Year
6.31
from 3.15
Increased by 100.20%
EPS Next Year
5.63
from 6.31
Decreased by -10.75%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
261.50B381.31B316.62B284.31B266.89B353.63B
Revenue Growth
44.84%45.82%-16.97%-10.20%-6.13%32.50%
Gross Profit
62.77B97.31B78.50B72.81B67.79B74.62B
Gross Margin
24.00%25.52%24.79%25.61%25.40%21.10%
Operating Income
24.81B64.33B34.63B33.45B29.83B57.67B
Net Income
20.10B42.31B19.36B16.09B17.84B34.21B
EPS
----3.156.31
EPS Growth
-----16.22%100.20%
Forward PE
7.275.357.498.0011.098.34
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
----26.05B33.13B
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High441.7B
Avg353.6B
Low269.6B

Revenue Growth

Revenue Growth202620272028
High
65.5%
Avg
32.5%
Low
1.0%

EPS Forecast

EPS202620272028
High6.86
Avg6.31
Low4.83

EPS Growth

EPS Growth202620272028
High
117.7%
Avg
100.2%
Low
53.5%