Shell plc (LON:SHEL)
United Kingdom flag United Kingdom · Delayed Price · Currency is GBP · Price in GBX
3,784.00
-11.50 (-0.30%)
Nov 5, 2026, 4:43 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 4,111p. The average 1-year stock price forecast is 8.64% higher than the current stock price, while the lowest is 3,434p (-9.24%) and the highest is 4,927p (+30.20%).

Price Target: 4,111p (+8.64%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price3,434p4,111p4,096p4,927p
Change-9.24%+8.64%+8.25%+30.20%

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
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy666677
Buy222333
Hold8810999
Sell000000
Strong Sell000000
Total161618181919

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Buy
Maintains
n/a
BuyMaintainsn/an/aNov 3, 2026
DBS
DBS
Hold
Maintains
3,750p
HoldMaintains3,750p-0.90%Nov 2, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
4,100p → 4,200p
BuyMaintains4,100p → 4,200p+10.99%Oct 30, 2026
Bank of America Securities
Bank of America Securities
Hold
Reiterates
3,600p → 3,950p
HoldReiterates3,600p → 3,950p+4.39%Oct 30, 2026
UBS
UBS
Hold
Maintains
3,750p → 4,100p
HoldMaintains3,750p → 4,100p+8.35%Oct 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
349.20B
from 266.89B
Increased by 30.84%
Revenue Next Year
328.45B
from 349.20B
Decreased by -5.94%
EPS This Year
6.52
from 3.15
Increased by 107.07%
EPS Next Year
5.88
from 6.52
Decreased by -9.83%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
261.50B381.31B316.62B284.31B266.89B349.20B
Revenue Growth
44.84%45.82%-16.97%-10.20%-6.13%30.84%
Gross Profit
62.77B97.31B78.50B72.81B67.79B73.68B
Gross Margin
24.00%25.52%24.79%25.61%25.40%21.10%
Operating Income
24.81B64.33B34.63B33.45B29.83B58.47B
Net Income
20.10B42.31B19.36B16.09B17.84B35.75B
EPS
----3.156.52
EPS Growth
-----16.22%107.07%
Forward PE
7.275.357.498.0011.097.80
Dividend / Share
0.891.041.291.391.451.56
Dividend Growth
36.83%16.12%24.68%7.46%4.03%7.99%
Free Cash Flow
----26.05B39.78B
No. Analysts
-----14
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High381.8B
Avg349.2B
Low269.6B

Revenue Growth

Revenue Growth202620272028
High
43.1%
Avg
30.8%
Low
1.0%

EPS Forecast

EPS202620272028
High7.31
Avg6.52
Low6.03

EPS Growth

EPS Growth202620272028
High
132.1%
Avg
107.1%
Low
91.4%