Shell plc (SHEL)

Shell Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Shell stock have an average target of 78.56, with a low estimate of 72 and a high estimate of 82. The average target predicts an increase of 16.45% from the current stock price of 67.46.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$72	$78.56	$79.8	$82
Change	+6.73%	+16.45%	+18.29%	+21.55%

Analyst Ratings

The average analyst rating for Shell stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	1	1	1	1	1	1
Buy	3	3	3	3	5	5
Hold	1	1	1	1	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Roger Read Wells Fargo	Wells Fargo	Buy Maintains $86 → $82	Buy	Maintains	$86 → $82	+21.55%	Jan 31, 2025
Roger Read Wells Fargo	Wells Fargo	Buy Maintains $87 → $86	Buy	Maintains	$87 → $86	+27.48%	Jan 10, 2025
Martijn Rats Morgan Stanley	Morgan Stanley	Hold → Buy Upgrades $67 → $80	Hold → Buy	Upgrades	$67 → $80	+18.29%	Jan 7, 2025
Doug Leggate Wolfe Research	Wolfe Research	Hold → Buy Upgrades n/a	Hold → Buy	Upgrades	n/a	n/a	Jan 3, 2025
Ryan Todd Piper Sandler	Piper Sandler	Buy Maintains $82 → $72	Buy	Maintains	$82 → $72	+6.73%	Dec 19, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

297.26B

Increased by 4.55%

from 284.31B

Revenue Next Year

296.75B

Decreased by -0.17%

from 297.26B

EPS This Year

3.86

Increased by 52.38%

from 2.53

EPS Next Year

4.02

Increased by 4.34%

from 3.86

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	180.54B	261.50B	381.31B	316.62B	284.31B	297.26B	296.75B	277.19B
Revenue Growth	-47.65%	44.84%	45.82%	-16.97%	-10.20%	4.55%	-0.17%	-6.59%
EPS	-2.78	2.57	5.71	2.85	2.53	3.86	4.02	4.35
EPS Growth	-	-	122.18%	-50.09%	-11.23%	52.38%	4.34%	8.13%
Forward PE	-	-	-	-	-	17.50	16.77	15.51
No. Analysts	-	-	-	-	-	24	23	11

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	423.7B	412.0B	359.7B
Avg	297.3B	296.8B	277.2B
Low	191.6B	195.9B	203.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	49.0%	38.6%	21.2%
Avg	4.6%	-0.2%	-6.6%
Low	-32.6%	-34.1%	-31.4%

EPS Forecast

EPS	2025	2026	2027	2028
High	6.95	5.22	5.22
Avg	3.86	4.02	4.35
Low	2.94	2.78	3.15

EPS Growth

EPS Growth	2025	2026	2027	2028
High	174.7%	35.4%	29.7%
Avg	52.4%	4.3%	8.1%
Low	16.2%	-28.0%	-21.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.