Shell plc (LON:SHEL)
London flag London · Delayed Price · Currency is GBP · Price in GBX
3,437.00
+5.50 (0.16%)
Sep 4, 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 3,756p. The average 1-year stock price forecast is 9.27% higher than the current stock price, while the lowest is 3,284p (-4.46%) and the highest is 4,538p (+32.03%).

Price Target: 3,756p (+9.27%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price3,284p3,756p3,627p4,538p
Change-4.46%+9.27%+5.53%+32.03%

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
Buy222222
Hold98881010
Sell000000
Strong Sell000000
Total161616161818

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
RBC Capital
RBC Capital
Hold
Maintains
4,000p
HoldMaintains4,000p+16.38%Sep 4, 2026
Barclays
Barclays
Buy
Maintains
4,500p4,700p
BuyMaintains4,500p4,700p+36.75%Sep 4, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
4,018p3,780p
BuyMaintains4,018p3,780p+9.98%Sep 4, 2026
Jefferies
Jefferies
Buy
Maintains
4,500p
BuyMaintains4,500p+30.93%Aug 25, 2026
Berenberg Bank
Berenberg Bank
Buy
Reiterates
4,000p
BuyReiterates4,000p+16.38%Aug 3, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
331.45B
from 266.89B
Increased by 24.19%
Revenue Next Year
297.12B
from 331.45B
Decreased by -10.36%
EPS This Year
5.75
from 3.15
Increased by 82.53%
EPS Next Year
4.76
from 5.75
Decreased by -17.13%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
261.50B381.31B316.62B284.31B266.89B331.45B
Revenue Growth
44.84%45.82%-16.97%-10.20%-6.13%24.19%
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
24.81B64.33B34.63B33.45B29.83B51.85B
Net Income
20.10B42.31B19.36B16.09B17.84B31.77B
EPS
----3.155.75
EPS Growth
-----16.22%82.53%
Forward PE
7.275.357.498.0011.098.08
Dividend / Share
0.891.041.291.391.451.56
Dividend Growth
36.83%16.12%24.68%7.46%4.03%7.77%
Free Cash Flow
18.69B25.71B28.21B28.54B22.73B32.16B
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High362.7B
Avg331.4B
Low288.9B

Revenue Growth

Revenue Growth202620272028
High
35.9%
Avg
24.2%
Low
8.3%

EPS Forecast

EPS202620272028
High6.57
Avg5.75
Low5.16

EPS Growth

EPS Growth202620272028
High
108.6%
Avg
82.5%
Low
63.7%