Shell plc (SHEL)
NYSE: SHEL · IEX Real-Time Price · USD
72.25
-1.00 (-1.37%)
At close: Jul 19, 2024, 4:00 PM
72.60
+0.35 (0.48%)
Pre-market: Jul 22, 2024, 7:14 AM EDT

Shell Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Shell stock have an average target of 86, with a low estimate of 79 and a high estimate of 90. The average target predicts an increase of 19.03% from the current stock price of 72.25.

Analyst Consensus: Buy
Target Low Average Median High
Price $79 $86 $90 $90
Change +9.34% +19.03% +24.57% +24.57%

Analyst Ratings

The average analyst rating for Shell stock from 5 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 100011
Buy 223333
Hold 100001
Sell 000000
Strong Sell 000000
Total 423345

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wolfe Research
Wolfe Research
Hold
Initiates
n/a
Hold Initiates n/a n/a Jul 18, 2024
Scotiabank
Scotiabank
Buy
Maintains
$95$90
Buy Maintains $95$90 +24.57% Jul 12, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$91$90
Buy Maintains $91$90 +24.57% Jun 21, 2024
Argus Research
Argus Research
Strong Buy
Maintains
$77$79
Strong Buy Maintains $77$79 +9.34% Jun 6, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$88$91
Buy Maintains $88$91 +25.95% May 3, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
333.36B
from 323.18B
Increased by 3.15%
Revenue Next Year
323.43B
from 333.36B
Decreased by -2.98%
EPS This Year
4.35
from 5.70
Decreased by -23.64%
EPS Next Year
4.40
from 4.35
Increased by 1.02%
Year 2019202020212022202320242025202620272028
Revenue
352.11B183.20B272.66B386.20B323.18B333.36B323.43B322.97B290.25B-
Revenue Growth
-11.21%-47.97%48.83%41.64%-16.32%3.15%-2.98%-0.14%-10.13%-
EPS
3.90-5.565.1411.425.704.354.404.404.453.31
EPS Growth
-30.36%--122.18%-50.09%-23.64%1.02%0.04%1.14%-25.54%
Forward PE
-----16.6016.4316.4216.2421.81
No. Analysts -----22221752
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 465.7B 421.6B 407.7B 301.7B
Avg 333.4B 323.4B 323.0B 290.2B
Low 221.2B 235.3B 276.5B 281.6B

Revenue Growth

Revenue Growth 2024202520262027
High
44.1%
26.5%
26.1%
-6.6%
Avg
3.1%
-3.0%
-0.1%
-10.1%
Low
-31.6%
-29.4%
-14.5%
-12.8%

EPS Forecast

EPS 20242025202620272028
High 7.72 8.41 5.81 6.41 3.44
Avg 4.35 4.40 4.40 4.45 3.31
Low 3.48 2.91 2.96 3.07 3.21

EPS Growth

EPS Growth 20242025202620272028
High
35.4%
93.2%
32.1%
45.6%
-22.6%
Avg
-23.6%
1.0%
0.0%
1.1%
-25.5%
Low
-39.0%
-33.1%
-32.7%
-30.3%
-27.8%
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.