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Shell (SHEL): analyst forecast and price target

$107 +3.00% close 16.10.26 · market cap $290B · Energy · Oil & Gas Integrated
Price targets and ratings of

Analyst consensus

Moderate Buy

3 Buy3 Hold0 Sell

Ratings of 6 analysts in the last 3 months

12-month forecast

$105−1.7% downside

Based on 6 price targets given in the last 3 months, the average target is $105, the highest $115, the lowest $100. The average is −1.7% from the last price of $107.

$80.00$100Jan 26AprJulOctJan 27AprJulOctHigh$115Average$105Low$100
Highest target $115 Average target $105 Lowest target $100
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Sam Margolin★★★★★★★★★★#313 · hits 72% · avg +15.5% Wells Fargo $105 Hold −1.6% Reiterated 14.10.26on TipRanks 07:00 +1.7%next day −0.3%
Nitin Kumar CFA★★★★★★★★★★#878 · hits 60% · avg +8.3% Mizuho Securities $98.00 → $103+5.1% Hold −3.4% Reiterated 12.10.26on TipRanks 08:20 +1.5%next day +1.4%
Jason Gabelman★★★★★★★★★★#503 · hits 65% · avg +15.3% TD Cowen $115 Buy +7.8% Reiterated 09.10.26on TipRanks Oct 12 05:25 −0.6%next day +1.5% · 5 days +8.4%
Martijn Rats★★★★★★★★★★#4712 · hits 50% · avg +3.2% Morgan Stanley $81.60 → $101+24.1% Buy −5.0% Upgrade 03.09.26on TipRanks 16:55 +1.1%next day +3.1% · 5 days +5.0%
John Royall★★★★★★★★★★#1677 · hits 57% · avg +10.3% Piper Sandler $89.00 → $100+12.4% Hold −6.2% Reiterated 03.09.26on TipRanks 06:50 −1.6%next day +1.1% · 5 days +6.0%
Hans Engel★★★★★★★★★★#1835 · hits 58% · avg +11.1% Erste Group — Buy — Upgrade 27.08.26on TipRanks 11:50 −1.1%next day +0.5% · 5 days +1.5%
Sam Margolin★★★★★★★★★★#313 · hits 72% · avg +15.5% Wells Fargo $100 → $105+5.0% Hold −1.6% Assigned 31.07.26on TipRanks 06:32 +0.9%next day −2.4% · 5 days −7.3%
Mark Wilson★★★★★★★★★★#1891 · hits 58% · avg +6.5% Jefferies $120 → $122+2.3% Buy +14.8% Reiterated 21.05.26on TipRanks 08:40 0.0%next day −0.9% · 5 days −4.2%
Betty Zhang★★★★★★★★★★#2397 · hits 72% · avg +18.6% Scotiabank $122 Buy +14.4% Reiterated 08.05.26on TipRanks 13:25 −1.1%next day +1.4% · 5 days +1.4%
Stephen Richardson★★★★★★★★★★#646 · hits 63% · avg +12.1% Evercore ISI $100 Hold −6.2% Reiterated 08.05.26on TipRanks 12:35 −1.1%next day +1.4% · 5 days +1.4%
Lucas Herrmann★★★★★★★★★★#10596 · hits 47% · avg −4.0% Exane BNP Paribas $101 Hold −5.3% Downgrade 17.04.26on TipRanks 05:15 −5.2%next day +0.4% · 5 days +1.0%
Unknown Analyst Gerdes Energy Research — Hold — Downgrade 17.03.26on TipRanks Mar 18 12:05 +1.4%next day +2.2% · 5 days +1.4%
Unknown Analyst Goldman Sachs $87.00 → $99.00+13.8% Buy −7.2% Reiterated 09.03.26on TipRanks 20:35 −0.4%next day +2.8% · 5 days +9.0%
Christopher Kuplent★★★★★★★★★★#6842 · hits 60% · avg +0.9% Bank of America Securities $42.48 → $41.16−3.1% Hold −61.4% Downgrade 05.12.25on TipRanks Dec 28 07:01 −2.2%next day −0.1% · 5 days −0.4%
Joshua Stone★★★★★★★★★★#2101 · hits 64% · avg +8.5% UBS — Hold — Downgrade 25.11.25on TipRanks 11:50 −1.5%next day +0.1% · 5 days +1.9%
Bill Selesky★★★★★★★★★★#1503 · hits 60% · avg +7.8% Argus Research $84.00 → $87.00+3.6% Buy −18.4% Reiterated 11.11.25on TipRanks Nov 12 14:20 +0.4%next day −0.8% · 5 days +2.1%
Suvro Sarkar★★★★★★★★★★#1537 · hits 69% · avg +11.4% DBS $43.81 Buy −58.9% Reiterated 04.11.25on TipRanks Nov 7 01:30 +0.3%next day +0.8% · 5 days +3.3%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Shell

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Jason Gabelman★★★★★★★★★★TD Cowen · #503
Hits 65%179 of 274 Average return +15.3%
1 year Jason Gabelman★★★★★★★★★★TD Cowen · #503
Hits 65%179 of 274 Average return +15.3%
2 years Jason Gabelman★★★★★★★★★★TD Cowen · #503
Hits 65%179 of 274 Average return +15.3%

Most profitable

3 months Jason Gabelman★★★★★★★★★★TD Cowen · #503
Hits 65%179 of 274 Average return +15.3%
1 year Jason Gabelman★★★★★★★★★★TD Cowen · #503
Hits 65%179 of 274 Average return +15.3%
2 years Jason Gabelman★★★★★★★★★★TD Cowen · #503
Hits 65%179 of 274 Average return +15.3%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 12.10.26: target $105 at a price of $100 (+4.7%); now: $105 at $107 (−1.7%).

$95.00$100$105Sep 15Oct 1Oct 15Top analysts$106Average target$105Price$107

PriceAverage targetTop analysts’ target

Recommendation trend

01020149Oct 25137Nov98Dec74Jan 2684Feb105Mar106Apr96May85Jun77Jul56Aug66Sep44Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy987564
Hold657664
Sell000000

Earnings and sales forecast

Next report: 29.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $3.49 (from $2.47 to $4.66). Last quarter: $3.52.

Sales

Next quarter’s sales estimate — $92.2B (from $78.5B to $107.7B). Last quarter: $94.8B.

Best top-analyst consensus in the sector · Energy

NESRNational Energy Services Reunited
SEISolaris Energy Infrastructure
TRGPTarga Resources
VNOMViper Energy
WMBWilliams Co
About Shell
  • CEO: Wael Sawan
  • Employees: 84,000
  • Shell Centre, 2 York Road, London, GL, SE1 7NA, GB
  • www.shell.com

Shell plc, a distinguished energy and petrochemical corporation, is headquartered in London, United Kingdom, and was originally founded in 1907. Known as Royal Dutch Shell plc until its name change in January 2022, the company maintains a formidable global presence, conducting operations across Europe, Asia, Oceania, Africa, and both North and South America. Its comprehensive business activities are categorized into several key divisions: Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions. Shell's core operations involve the exploration for and extraction of crude oil, natural gas, and natural gas liquids. Beyond production, the company is deeply involved in the marketing, transportation, and strategic infrastructure development required to deliver these energy resources to consumers. This includes the manufacturing of gas-to-liquids fuels and a variety of other refined products. Shell also operates a substantial trading arm, dealing in commodities such as natural gas, liquefied natural gas (LNG), crude oil, electricity, and carbon emission rights. Its refining capabilities convert crude oil and various feedstocks into a wide range of essential products, including gasoline, diesel, aviation and marine fuels, lubricants, bitumen, and sulfur, while also developing low-carbon fuel alternatives. In the chemical sector, Shell is a significant producer of petrochemicals for industrial use, manufacturing base chemicals like ethylene, propylene, and aromatics, alongside intermediate chemicals such as styrene monomer, propylene oxide, and various solvents. The company also manages oil sands assets. Looking to the future of energy, Shell is actively investing in and developing renewable solutions. This includes generating electricity from wind and solar power, pioneering hydrogen production and sales, and establishing a network of electric vehicle charging services. Furthermore, Shell promotes LNG as a viable fuel source for heavy

Data from the stock’s TipRanks forecast page, read 75 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗